This came up in another forum, but I heard the report too....
So today, there was a broadcast on NPR (yes, I admit that I listen to NPR :p) about a $100 per barrel crisis.... If you didn't know, a barrel of crude goes for about $93.
Personally, I don't think it will cause a crisis - it's not as if it's going from $30 to $100 in a week. However, seriously, are the masses comatose? It's not like no one has been warning them of this - and the consequences nowhere near sustainable living. Arrrrr.... I've been saying it for awhile - if we don't regulate ourselves, nature is going to take the kind liberty of doing that for us (and that won't be pretty). Soylent Green anyone?
I mean, I recently read that the average American will consume about 500,000 gallons of water per year... whereas some of the Nordic countries, consumption is around 17,500 gallons per person... By the way, the US has a very limited water store supply :/
US has 5% of world population... 25% of world total CO2 emissions. China, for example, has 22% of the world population - but only 15% of the world's CO2 emissions....
US has 5% of the world population - and 29% world CO2 emissions from fossil fuels. (china 14.5)
What percentage of companies are considered sustainable (by Dow Jones sustainability index) in the US? A measly, 19.8% (UK: 68%).