Peak Oil is the point of maximum global oil production. In Peak Oil and the Second Great Depression (2010-2030), the author argues that the likely peak in global oil production occurred in the period 2005-2008, due to the peaking of Saudi Arabian oil production during that time. The evidence of a peak in Saudi crude oil production in 2008 is presented and discussed in some detail. The most significant piece of evidence of a Saudi peak in production in 2008 was the inability of Saudi oil ministers to increase production in the period 2005 to 2008 despite record crude oil prices and the drilling of thousands of new wells in Saudi Arabia's seven major oil fields. Because it could not increase production in the face of rising global demand, Saudi Arabia was unable to prevent a spike in the price of oil to around $150 a barrel. A dramatic economic contraction in the developed economies ensued. In the years ahead, it is argued, continued economic growth in the developing world including China will put upward pressure on the price of oil, which will create severe economic difficulties for the indebted developed economies such as the US which rely on imported energy. The book examines the likely policy responses of American statesmen and central bankers to the economic difficulties created by very high prices for petroleum. Oil at very high and indeed painful prices in the face of already historic levels of personal and governmental indebtedness, it is argued, will create large scale unemployment on levels not seen since the (First) Great Depression as expenditures for foreign oil dramatically reduce spending available for the domestic economy. The author argues that the policy response to the economic difficulties will be to create a general rise in the price level to reduce the burden of the existing debt on households, businesses and governmental entities. As prices, and especially wages, rise, domestic spending will recover and unemployment will be reduced, although this process could take several decades. Very significant inflation will likely be necessary to prevent an even more severe drop in employment and output in the economy than that we are already experiencing given the magnitude of the shock to the economy created by continued declines in global oil production. The inflation thus created, as well as the other dramatic changes in the economy as a result of Peak Oil, will alter the approach that would optimally be taken by investors and those wishing to preserve savings. The issues of asset allocation and sector weighting are explored together with alternative investments in commodities and real estate. The focus is primarily on domestic equities, but a rather unusual sector weighting strategy is proposed as most likely to produce positive results during two decades that will otherwise be most disappointing for the investing public. Peak Oil will also create opportunities for speculation which are explored in the final chapters of the book.

The ongoing changes in population, climate, and the availability of energy have resulted in unprecedented threats and opportunities that all project and program managers, portfolio managers, and public planners need to be aware of. The New Triple Constraints for Sustainable Projects, Programs, and Portfolios offers a clear look at how these constra

In addressing the urgent questions raised by climate change, this book provides a comprehensive overview of the anthropology of climate change guided by a critical political ecological framework. It argues that anthropologists must significantly expand their focus on climate change and their contributions to responding to climate change as a grave risk to humanity. The book presents a human socioecological framework for conceptualizing climate change. It examines the emergence and slow maturation of the anthropology of climate change; reviews the historic foundations for this work in the archaeology of climate change; and presents three alternative contemporary theoretical perspectives in the anthropology of climate change. The book synthesizes anthropological work and perspectives on climate change in the form of case studies in various regions of the world revealing the nature of global climate change as constituting multiple and somewhat diverse changes in local settings. It explores the applied anthropology of climate change in terms of the ways anthropologists are contributing to climate policy, working with communities on climate change issues, as well as within the climate movement both internationally and nationally. Finally it provides an overview of what other the social sciences are saying about climate change and explores ways that the anthropology of climate change can interface with sociology, political science, and human geography in order to create an integrated social science of climate change. This book gives researchers and students in Environmental Anthropology, Climate Change, Human Geography, and Sociology, a novel framework for understanding climate change that emphasizes human socioecological interactions.

In addressing the urgent questions raised by climate change, this book provides a comprehensive overview of the anthropology of climate change, guided by a critical political ecological framework. It examines the emergence and slow maturation of the anthropology of climate change, reviews the historic foundations for this work in the archaeology of climate change, and presents three alternative contemporary theoretical perspectives in the anthropology of climate change. This second edition is fully updated to include the most recent literature published since the first edition in 2014. It also examines a number of new topics, including an analysis of the 2014 American Anthropological Association’s Global Climate Change Task Force report, a new case study on responses to climate change in developed societies, and reference to the stance of the Trump administration on climate change. Not only does this book provide a valuable overview of the field and the key literature, but it also gives researchers and students in Environmental Anthropology, Climate Change, Human Geography, Sociology, and Political Science a novel framework for understanding climate change that emphasizes human socioecological interactions.

“A stunning piece of work—perhaps the best single book ever produced about our energy economy and its environmental implications” (Bill McHibbon, The New York Review of Books). Petroleum is so deeply entrenched in our economy, politics, and daily lives that even modest efforts to phase it out are fought tooth and nail. Companies and governments depend on oil revenues. Developing nations see oil as their only means to industrial success. And the Western middle class refuses to modify its energy-dependent lifestyle. But even by conservative estimates, we will have burned through most of the world’s accessible oil within mere decades. What will we use in its place to maintain a global economy and political system that are entirely reliant on cheap, readily available energy? In The End of Oil, journalist Paul Roberts talks to both oil optimists and pessimists around the world. He delves deep into the economics and politics, considers the promises and pitfalls of oil alternatives, and shows that—even though the world energy system has begun its epochal transition—we need to take a more proactive stance to avoid catastrophic disruption and dislocation.

This book presents an analytic history of American energy policy, examining policy failures and how the policy process itself leads to failure.