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Australia is in the last quarter of its oil age. Geoscience Australia submitted oil production projections to the Senate Inquiry on oil supplies in 2005/06, showing 3 scenarios. http://www.aph.gov.au/SENATE/committee/rrat_ctte/oil_supply/submissions/sub127.pdf Actual data of the last 3 years show we are following the 90% probability curve, the lowest of the projections: Crude oil is declining even steeper. Please note that [...] This submission was written for the Australian Senate Select Committee on Fuel and Energy The case is made that the global peaking of crude oil production has happened 2005-2008. This triggered the financial crisis in a banking sector which had a pre-condition of accumulated debt. The recession which was to be expected after peak oil has [...] Hornsby Council, to the North of Sydney, called for comments to its housing strategy: http://www.hornsby.nsw.gov.au/planningdevelopment/index.cfm?NavigationID=2403 My comments are available here: Critique of Hornsby Housing Policy [6.27 MB] The State government, which has the business idea of perpetual growth in the Sydney basin, forces unsustainable housing targets on Councils and residents who don’t like it (red arrow). Most importantly, [...] |
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