Jeff Rubin, the former Chief Economist of CIBC World Markets and the author of Why Your World Is About To Get A Whole Lot Smaller built his reputation as one of Canada’s top economists based on a number of successful predictions including the housing bust of the early 90s and the rise of oil prices. In his recent book, Mr. Rubin predicts $225 per barrel oil by 2012 and with it the end of globalization, a movement towards local sourcing and a need for massive scaling up of energy efficiency. www.thebusinessofclimatechange.com
The Business of Climate Change Conference 2009
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SIGH, OK PLANTS COULD TAKE AS MUCH AS 1200 PPM CO2, JUST STUDY BIOLOGY. THIS GUY IS A COKE HEAD FUCKING LOSER WANNABE! NOTHING HE HAS CLAIMED WILL HAPPEN HAS HAPPENED. FUCK THIS FAGGOT LOSER!
We don’t need a price on emissions. Global warming is nonsense designed to get you the sheeple to live a lower standard of living while these elites swan around in limousines and lear jets.
There is a quick simple solution to global warming and climate change. It is called Muon Catalysed Fusion. As worked on Star Scientific. NO CO2. NO Greenhouse Gases. NO Toxic Waste. The source is dueterium from the World’s Oceans – virtually limitless. It is cheap to produce. WE NEED IT NOW. See the website “Star Scientific Limited”, Blog “The Big Picture by Andrew Horvath”, Youtube video – “In the Footsteps of Fusion”
Jeff is Fantastic! God Bless him for sharing! even if he was offseting his bonus loss.
interesting. rubin sounds like neil postman.
the us government should mandate that every building have solar panels and every backyard a windmill, then when we all start riding bicycles and growing our own food, the chinese will be able to drive their cars and heat their homes with the oil that we can no longer afford.
Great presentation until he started to talk about Carbon emissions. The environment is very important but co2 taxes are just a lame excuse to transfer wealth.
Wow, this guy has a great vision about peak oil’s economic effect as well as climate change policy! I found about him only today, I’m really impressed.
@GeoffreyRahl Huge solar energy facilities (100 MW and larger) have recently received regulatory approval in California and the Soutwest. Massive offshore wind potential, both on the Atlantic seaboard and along the great lakes, is waiting to be developed. The great plains states are sometimes referred to as the Saudi Arabia of wind. None of this is cheap, and there are environmental trade offs, but electric vehicles won’t be lacking for electricity.
@GeoffreyRahl, Jeff Rubin, the person featured in this article said cheap oil is disappearing, not cheap coal. Electricity produced by coal has a smaller carbon footprint than cars powered by internal combustion engines, even accounting for transmission loses. Large electric power plants have to run 24×7, and have loads of spare electricity available at night. If a large part of the EVs power up at night little or no addition plants need to be built.
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Tax energy to raise the price… then what …what are you going to replace it with?… you offer no suggestions.. it has to be nuclear.. which produces not carbon… but they take many years to build and we have not even started designing them. You really think you can regulate China? Put a tax on their emissions? We already have laws about patents… they could care less .. we have done nothing… what makes you think we will be able to put carbon emission taxes on them .. they will laugh.
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Very interesting.
@mark2073 Tell me how will we produce the electrecity running these cars? Burning fossile fuels? So unless every household buys solar pannels or windmill to reload its electric car batteries this is gonna be useless
Every year 2,500,000 people die of car exhaust. And car exhaust is destroying the nature! We know how to stop it!
youtube.com/watch?v=sHw7XSz2OGI
Stop the global warming !!!
He explains PO very well…. the only thing you need to know is that economic growth’s ultimate limit or demise is that growth is limited by the natural world.
One of the best speakers on peak oil! Unfortunately this only gets around 45K views while some stupid cat video or dancing flight attendant gets 7+ million views. The world indeed is going to hell in a hand basket.
@johntconover couldn’t agree with you more. This guy is a cash cow =]
Good one Jeff
@mark2073
Jeff Rubin was interviewed by Allan Gregg (of CBC) last year. Gregg asked him specifically about electric cars like the Volt. The only problem is that if everyone plugged in their Volt, the lights will go out because we don’t have the BTU’s of energy needed to power them. A battery is not a form of energy, it stores energy. That energy needs to be created somewhere.
@mark2073 Think of the conversion of infrastructure and supply of lithium ion. Conversion will require oil and there’s not nearly enough lithium ion as there is oil. Liquid fuel is the problem, but you have a very good idea. Check Clifford J. Wirth.
This is a good talk, but he doesn’t mention electric cars. They are very cheap to drive ($25 a month). They will explode in popularity very soon. The electricity needed to run them would almost be met by no longer refining crude oil anymore, and because they would be charged overnight when demand is low. The only issue is that it will take 20 years to get enough of them on the road to eclipse gasoline powered cars, well maybe not if hardly anyone drives anymore because of expensive gasoline.
According to the U.S. Geological Survey (USGS), the worlds volcanoes combined generate about 200 million tons of carbon dioxide (CO2) annually, while our automotive and industrial activities cause some 24 BILLION tons of CO2 emissions every year worldwide. So, the Icelandic volcano doesn’t begin to compete with us!
Surely the Icelandic Volcano must have spewed out at least two decades worth of Carbon over the last two weeks, what difference will we make?