20 Years Ago

• 26 April, 1986

• How the World Nuclear Assoication view's the 'accident'

Words of Caution from Robert Kiyosaki

ALL BOOMS BUST!
Words of Caution from Robert Kiyosaki

Lately, I have been asked if we are in a real estate bubble. My answer is, "Duh!" In my opinion, this is the biggest real estate bubble I have ever lived through. Next, I am asked, "Will the bubble burst?" Again, my answer is, "Duh!" Click here from the article

He also published a follow up to the above 'all booms bust' article

Farmers to produce all the energy they need from what they grow

The device -- about the size of a credit card -- pumps vegetable oil and alcohol through tiny parallel channels, each smaller than a human hair, to convert the oil into biodiesel almost instantly

The microreactor under development by the university and the Oregon Nanoscience and Microtechnologies Institute eliminates the mixing, the standing time and maybe even the need for a catalyst.

Farmers can turn some of their crops into homegrown fuel to operate agricultural equipment.

Excellent - Canadian comment on invading Iran

Hover Here & Click!!

More on Peak Oil...

• 52 of the 99 countries that produce oil have passed their peak production
• Taken from 'Be warned: the end of cheap oil will kill suburban dreams' 29/03/2006
  Irish Independent - David McWilliams
• We find 1 barrel of oil for every 3 barrels consumed
  
• Taken from 'What the experts are saying'
  
• Ireland holds the 2nd largest wind resource in Europe
• Taken from 'The Story of Oil'
  
• Oil is a magnet for war
• Taken from oilcrashmovie.com
• The Hirsch Report
• Peaking of World Oil Production: Impacts, Mitigation and Crisis Management. Commissioned by the U.S. Department of Energy, February 2005

Forfás - Assessment of Ireland's Oil Dependence

Forfás is Ireland's national policy advisory board for enterprise, trade, science, technology and innovation

10 to 15 years from now, conventional oil supply will no longer be capable of satisfying world demand

Ireland consumed nine million tonnes of oil in 2004, an amount that has doubled since 1990

Ireland is ranked 3rd highest among the EU-25 countries in terms of oil consumed per capita

Ireland relies considerably more on oil for electricity generation than most other EU countries and as of 2002 was the 6th most dependent country of the EU-25 countries.

The amount of oil consumed for transportation in Ireland tripled between 1972 and 2002

Ireland is particularly vulnerable to an oil shock whether in the form of high prices or oil shortages. Ireland is among the most sensitive to rising oil prices and therefore among the most vulnerable to a peak oil scenario.

The full report is available here

How are we fixed for energy in Ireland?

• 5 years ago energy costs in Ireland were 25% below the EU average
• Today they are over 30% above the EU average
• 86% of Ireland's power is generated from fossil fuels
• 3% of Ireland's energy is renewable
  
• 90% of our energy is imported

What's our answer? A interconnector to Britain!! Can you picture it? Europe is the middle of an energy crisis and Britain is going to bail us out. As Annie Lennox would say "sweet dreams are made of these"

Wanna watch more click here