St. Maarten Private Eye

Smoke gets in my eyes.

I don't expect many people took much notice of the news this past week of GEBE ordering new heavy oil generators from Wartsilla. 'Planning for the future' they called it, which really gives you a clue about how far into the future these people plan for.

Oil peaked over $91 a barrel yesterday, this is over 3 times the price in 2002 ($20-$30) and the chairman of BP Capital LLC tells us global oil production has peaked. Watch him on You Tube trying not to scare the talking heads.

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A landmark assessment by the UN of the state of the world's environment paints the bleakest picture yet of our planet's well-being. The warning is stark: humanity's future is at risk unless urgent action is taken. Over the past 20 years, almost every index of the planet's health has worsened.

Read More here - Not an environment scare story - 26th October 2007 - and here - 'Humanity's very survival' is at risk, says UN - 26th October 2007

The Future Is Drying Up - 21st October 2007

UEA scientists report shock climb in CO2 - 23rd October 2007

Heavy Editing Is Alleged In Climate Testimony - 24th October 2007

Steep decline in oil production brings risk of war and unrest, says new study- 22nd October 2007

Analyst: Saudis can't meet oil productions goals - 24th October 2007

Experts Worry That World Oil Production May Soon Peak - 17th October 2007

I think from the small selection of stories above that I make the case the investing in and remaining dependant on oil is shortsighted and dumb. About as shortsighted and dumb as building an airport building with no water catchment.

And what about the opposition party? Do they exist? Do any of them out there really have a clue? I don't think so. As is always the case in St. Maarten, problems and calamity must come first before anything is done.

Forward thinking? Well, I guess the tip of their nose is forward after all.

Caribdude

PS. - Not many people have seen my new photo video about SXM's Energy Policy and plans, I guess not many are really interested. I think I can safely bet that one day soon they will be and this decision to invest in oil dependancy will be regreted.

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