Richard Ha writes:
Robert Rapier and I have an article in Civil Beat today. Read the article here.
Hawaii Should Show Way to Better Energy Future
Over the past decade, world oil prices have advanced from approximately $25 per barrel to more than $100 per barrel. Had the price of oil merely kept pace with inflation, the $25 barrel in 2000 would have been worth just over $30 in 2010. Thus, there was a fundamental shift in the oil markets.
By 2005, the idea that the price increase was being caused by oil depletion – commonly referred to as “peak oil” – was receiving widespread attention. While some dismissed the idea of peak oil, instead offering up speculation, OPEC, growth in developing countries, or other geopolitical factors as the primary factors behind the advance in prices – oil production remained flat despite record high oil prices. Read the rest
The world is changing, and our next 20 years will be completely unlike the past 20 years. We need to adapt to this change.
We can start by taking a triple bottom line approach to the problem. We need to put the needs of the people first and foremost, we need to consider the effect on the environment and we must make sure that the investment makes sense. It isn't the strongest that survive; it's the ones who can adapt that survive.
Because of our heavy dependence on oil, it has been said that Hawaii is the canary in the coal mine for the rest of the U.S. But in warning others of impending danger, the canary dies. We do not want to serve as a warning to others; we want Hawaii to be the beacon for the world to see how we have achieved a better future.