The Global Energy Crisis Deepens

"Here’s the good news about energy: thanks to rising oil prices and deteriorating economic conditions worldwide, the International Energy Agency (IEA) reports that global oil demand will not grow this year as much as once assumed, which may provide some temporary price relief at the gas pump. In its May Oil Market Report, the IEA reduced its 2011 estimate for global oil consumption by 190,000 barrels per day, pegging it at 89.2 million barrels daily. As a result, retail prices may not reach the stratospheric levels predicted earlier this year, though they will undoubtedly remain higher than at any time since the peak months of 2008, just before the global economic meltdown. Keep in mind that this is the good news."

"As for the bad news: the world faces an array of intractable energy problems that, if anything, have only worsened in recent weeks. These problems are multiplying on either side of energy’s key geological divide: below ground, once-abundant reserves of easy-to-get “conventional” oil, natural gas, and coal are drying up; above ground, human miscalculation and geopolitics are limiting the production and availability of specific energy supplies. With troubles mounting in both arenas, our energy prospects are only growing dimmer."

Read the article by Michael T. Klare:

"How to Wreck a Planet 101: Three Energy Developments That Are Changing Your Life"

No Return to Normal - Economic Crisis

Here is a great article by James K. Galbraith about the global economic crisis. Not only does he explain how current banking policy will not work but he provides solutions that will end up rebuilding this country and preserving it's assets of being a place of science and technology innovation.

Read the article: "Why the economic crisis, and its solution, are bigger than you think"

Can the Power Grid Handle the Influx of Renewable Energy Sources?

With solar and wind turbines coming online the existing power grid is too old and inadequate to manage it. Read the article that discusses the problems that need to be solved that will move us into clean energy production and management.

Read the article: Lifeline for Renewable Power by David Talbot