Friday, October 5, 2007
Only great minds can read this
Cna yuo raed tihs? Olny 55 plepoe out of 100 can.
i cdnuolt blveiee taht I cluod aulaclty uesdnatnrd waht I was rdanieg. The phaonmneal pweor of the hmuan mnid, aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it dseno't mtaetr in waht oerdr the ltteres in a wrod are, the olny iproamtnt tihng is taht the frsit and lsat ltteer be in the rghit pclae. The rset can be a taotl mses and you can sitll raed it whotuit a pboerlm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe. Azanmig huh? yaeh and I awlyas tghuhot slpeling was ipmorantt!
Monday, October 1, 2007
At the peak of our oil addiction (another article for the company's magasine)
As we pass the point of global peak production of oil, now is a good time consider just how addicted you and your business are to oil and your exposure to increased oil prices.
The end of ‘easy oil’
Almost every year for 150 years, the oil industry has produced more than it did the year before and demand for oil increases at 2 per cent per year. For all practical purposes oil is a finite, fast-diminishing and, perhaps more importantly, unique resource that no amount of so-called alternatives can replace. Many experts now warn that we have passed the point of global peak production. The issue at hand is the long downward slope that opens on the other side of peak production.
The end of ‘cheap oil’
Statistics New Zealand reports of more volatility in petrol prices since 1999: Some of the factors contributing to this volatility have been concerns about security of supply caused by political uncertainty in the Middle East and growing demand from China and India to name but a few factors. At the time of writing, September 2007, the price of standard crude oil was at historic high of US$83.90/barrel, which is a dramatic increase compared to the long-term average of around US$25/barrel.
Oil to burn and oil to build
Consumers tend to think of oil largely as a fuel that powers cars and airplanes, fuels industry or heats homes. But oil and natural gas is also used as a raw material for manufactured goods including carpets, PVC pipes and window frames and plastic boxes that use a blend of chemicals from oil and natural gas and foam cups and nylon, which are largely made from oil-based chemicals. In other words, with a global decline in oil production the cost of everything from travel, transport, heating, agriculture, trade, and anything made of plastic will rise.
Strategies to adapt
Instead of a take-make-waste approach the end of cheap and easy oil will inevitably drive us to re-evaluate our use of oil-based products. Just as scrap metal can be more economical than newly mined and smelted material, scrap plastic comes into its own as the price of oil and gas for fresh plastic climbs.
For transport there are substitutes to fossil fuels in the form of biofuels or electric vehicles, which is particularly sensible in NZ if demand can be matched met with clean electricity supply from hydropower.
Price sensitivity may be a motivator enough to reduce private and business dependence on oil, but environmental and equity concerns are equally valid considerations. Environmentally, carbon dioxide and methane from production and burning of oil and gas are major contributors to global warming and climate change. Morally, one may question our right to be the last generation with access to economically viable oil. It is hard to imagine a world without oil but this may very well be reality by the middle of this century unless we cut down.
Sunday, September 2, 2007
APEC is here
Wednesday, July 25, 2007
Nine months later - it's finally out!
Monday, July 23, 2007
European Happy Planet Index
The European Happy Planet Index - an index of carbon efficiency and well-being in the EU reveals for the first time the carbon efficiency with which 30 European nations produce lives of different relative length and life satisfaction for their citizens. nef's analysis also looks back over the last 40 years and comes worrying conclusions in an age of climate change, when it is more important than ever that we use our resources efficiently. nef's Index reveals that:
* Europe as a whole has become less efficient, not more, in translating fossil fuel use into measurable human well being. The Index reveals that Europe as a whole is less carbon efficient now than it was in 1961.
* Across Europe people report comparable levels of well-being whether their lifestyles imply the need for the resources of six and a half, or just one planet like Earth. The message is that people are just as likely to lead satisfied lives whether their levels of consumption are very low or high.
* Iceland tops the Index. Scandinavian countries are the most efficient – achieving the highest levels of well-being in Europe at relatively low environmental cost with Sweden and Norway joining Iceland at the top of the HPI table. Iceland’s combination of strong social policies and extensive use of renewable energy demonstrate that living within our environmental means doesn’t mean sacrificing human well-being – in fact, it could even make us happier.
* The UK comes a poor 21st out of the 30 countries analysed, and nations that have most closely followed the Anglo-Saxon, strongly market-led economic model show up as the least efficient on the Index.
The European Happy Planet Index: An Index of carbon efficiency and well-being