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    Master Conservers

    Crippling electricity shortages outside the industrial world are starting to play hob with a global economy that depends on Third World factories to produce First World amenities. Likewise, the blowback from US energy policies that poured a fifth of the American corn harvest into ethanol is sending grain prices soaring worldwide, raising the unwelcome prospect that millions of the poor around the planet may not be able to buy enough food to survive the coming months. Barring some improbable deus ex machina that comes along in time to bail us out of the mess we’ve made for ourselves, it’s fair to say, the limits to growth are back.

    Up to this point the political leaders of the world’s industrial nations have had very little to offer in response to all this. Most seem to think that the advice allegedly given to Victorian brides on their wedding nights – “Close your eyes and think of England” – counts as a proactive energy policy. Eventually they will have to think of a better response, if only because political survival does have its appeal. Food riots in Haiti and Egypt are one thing, but when the price of food and gasoline starts putting serious pressure on the American and European middle classes, expect politicians to trip over one another in the rush to respond to the crisis.

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    Ik hoorde op een podcastje dat shell zo goed als uitgespeeld is, samen met exon controleren ze maar 5% van de olie in de wereld. De rest is in handen van genationaliseerde oliebdrijven.

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    ja dat klopt weerbarst, ik hoor verschillende percentages maar het is wel in die orde van grootte.

    10 tot 15% van de olie in de wereld wordt gewonnen door particuliere bedrijven als Shell, de rest wordt opgepompt door staatsbedrijven (ondersteunt met particuliere expertise) van de Poetins, Chavezessen en Fahds van deze wereld.