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Blood for oil : Comments
By Lyn Allison, published 12/7/2007Brendan Nelson’s admission that Australia has to help secure oil supplies brings some honesty into the debate.
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I admired the work of Richard Butler in Iraq. I agree that Saddam tried to thwart him at every turn. Yet an ABC report years ago stated Butler’s team destroyed more illegal weapons than the first Iraq war! Though the regime tried to stall inspectors, ultimately the process was successful — until Saddam stopped co-operating to the point where Butler’s team decided to leave in protest.
Yet international pressure was so great that a second round of inspectors was allowed back in. History has shown that the 2nd inspection process was working. There simply were no WMD’s. One does not invade a country on the potential hypothetical future actions of a leader. EG: “There is no way he would not have rearmed.”
Paul, I will continue to quote peak oil as a prime factor in all geo-political debate as it is quite simply, “The Greatest Story Never Told”. The very reason that there is uncertainty over the date of peak oil is a terrible concern. Are we to blunder along in the dark on our most important resource!? From the Senate inquiry:-
http://www.aph.gov.au/Senate/committee/rrat_ctte/oil_supply/report/c03.htm
3.133 'Early peak' commentators have criticised what they regard as overoptimistic official estimates of future oil supply with detailed and plausible arguments. The committee is not aware of any official agency publications which attempt to rebut peak oil arguments in similar detail.
3.134 Affordable oil is fundamental to modern economies. The risks involved are high if peak oil comes earlier than expected, or if economies cannot adapt quickly enough to the post-peak decline. The 2005 ‘Hirsch report’ for the US Department of Energy argues that peak oil has the potential to cause dramatically higher oil prices and protracted economic hardship, and that this is a problem ‘unlike any yet faced by modern industrial society.’ It argues that timely, aggressive mitigation initiatives will be needed:
Prudent risk management requires the planning and implementation of mitigation well before peaking. Early mitigation will almost certainly be less expensive that delayed mitigation.[113]