– It’s the same everywhere. This is from a New Zealand newspaper.
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John de Bueger looks at the implications of “peak oil” and suggests New Zealand should be getting serious about it.
A predictable howl erupted when it was announced that some parts of the conservation estate might be opened-up to small-scale mineral extraction.
This contrasted markedly with the barely audible mutterings from the same quarter when Gerry Brownlee announced late last year that offshore oil exploitation from our continental shelf held the key to future prosperity, with likely annual exports of tens of billions of dollars.
Given that the Zealandia plate on which these islands float is about one-third the size of Australia, it follows that the potential of offshore oil and minerals dwarfs any onshore prospects, even if it was Otago placer gold that kick-started this country’s economic development.
My initial suspicion was that thoughts of mining in national parks was a just a decoy tactic to redirect eyes onshore while the foreshore and seabed issue was being thrashed out, but perhaps this is being a little too Machiavellian.
It is more likely that our Minister of Energy has little or no idea of the real worth of untapped oil reserves (anywhere), given the coming realities of peak oil.
When he was asked some questions on this matter at an energy conference late last year, he gave the impression that even if he had heard of the concept, he certainly hadn’t mastered its implications.
In this respect Gerry is exhibiting the archetypal behavioural response of the caveman – a condition I hasten to add that he shares with 95% of the human race, and 100% of politicians.
That is a total inability to rationally weigh the seriousness of future risks against pressing short-term expediency.
– More… ➡
– Research thanks to Tony H.