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An Interview with Ray Leonard

When you take these three problems, in an odd sort of way I find some encouragement there because in order for the US to take the steps to wean itself off imported oil you really need to take some pretty drastic action. To do that, you need a broad coalition of support. Any one of these three issues by themselves would not garner enough support. But if you package the three issues together, perhaps you will have enough support to do the sorts of things that are necessary.

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Is Business-As-Usual Likely In A Peak Oil Scenario?

Using a coupled climate and carbon cycle model is appropriate if you want to want to estimate future anthropogenic emissions from presumably vast fossil fuel resources, but such a model does not capture what might actually happen “on the ground” in the real world. A prompt transition from oil to coal-based liquids is clearly impossible, as I’m sure—I’m hopeful— Caldeira would admit.

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Interview with Marshall Adkins

Everyone in the industry knows it. I think a lot of analysts are reticent to call a spade a spade. At one end of the spectrum you have Matt Simmons who is very vocal and very up front. At the other end of the spectrum the people understand it but aren’t making a big deal out of it.

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A Resurgence In China?

The dysfunctional symbiosis between the two countries should be a familiar story by now: Americans consume more than they produce, the Chinese produce more than they consume. Americans are spendthrift, the Chinese are frugal. The Chinese make the stuff Americans buy. Americans run large trade deficits, while the Chinese have a large trade surplus. The Chinese manipulate the value of the Renminbi (the Yuan) to keep the imbalance going. The Chinese buy our debt but will not abandon the dollar…

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