Energy Balance is a series of essays on the matter of future energy provision for the world, particularly against the backdrop of "Peak Oil", which the author Chris Rhodes has dubbed the "Oil Dearth" Era when supplies of the cheap light crude oil, on which the modern age of globalisation has been built, begin to run-short. All aspects are considered: pollution, nuclear power, nuclear waste, global warming (and its reality), renewable energy, coal liquefaction, the myth of the putatuive "hydrogen economy", biofuel production, and the essential underlying solution of energy saving on a huge scale, by relocalising civilization into smaller essentially self-sustaining communities provided for by local farms and businesses.

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Cheap Oil but Financial Meltdown!

Posted on October 08, 2008

Nice to see that oil is back to $86 a barrel, and falling... trouble is it took a global stock market crash to accomplish it. This morning the British Chancellor, Alistair Darling, announced that 50 billion would be made available to banks who want some of it to help assist in the flow of money. That is of course exactly what money is - currency. In a spirit of distrust over viability of...

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