In 2004, geologist Colin Campbell (retired -- Texaco, British Petroleum, Amoco) cautioned, "Throughout history, people have had difficulty in distinguishing reality from illusion. Reality is what happens, whereas illusion is what we would like to happen. Wishful thinking is a well-worn expression. Momentum is still another element: we tend to assume that things keep moving in the same direction. The world now faces a discontinuity of historic proportions, as nature shows her hand by imposing a new energy reality. There are vested interests on all sides hoping somehow to evade the iron grip of oil depletion, or at least to put it off until after the next election or until they can develop some strategy for their personal or corporate survival. As the moment of truth approaches, so does the heat, the deceptions, the half-truth and the flat lies." (Reality and Illusion source)
The 2009 G20 global recovery plan is an illusion, and ASPO President Kjell Aleklett explains why in detail:
"Not enough oil for the G20 package," originally published in the Swedish newspaper "Uppsala Nya Tidning," April 4, 2009 and translated into English on his blog here.
Friday, April 3, 2009
Peak Oil Planning: The G20 Global Plan for Economic Recovery Is an Illusion
Posted by
Clifford J. Wirth, Ph.D., Professor Emeritus, University of New Hampshire
at
Friday, April 03, 2009
Labels:
economic depression,
economic forecasting
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