'Oil Crash' just five years away

The Paris HQ of International Energy Agency recently issued grim warning that the industrial civilization will face unprecedented shortage and massive price rises.
The forecasts based on estimated reserves appear inaccurate and depletion is more rapid. In just 60 months the world will run out of affordable oil and by 2012 oil production will meet only about three quarters of consumer demand says a report in The Ecologist.


Leonardo Film - The 11th Hour

Leonardo Di Caprio's new film is about Global Warming .The environmentalist star believes that the way to stop global warming is through political and social change Leonardo says "it's not just about energy efficient bulbs, it's about changing the DNA of our businesses, about writing the environment into our economy".

Weather Report –2007

Australia which emits second highest Carbon per capita suffered the worst drought in it's history. Without water the crops failed, reducing agricultural output by 25 percent. The drought may impact the Australian GDP by up to one percent. Similar extreme weather appeared in the USA with about 60 percent of the land lying in drought at one time in summer. The country experienced the warmest ever March with average temperature rising by 5 degrees centigrade. The northern province of Thailand too experienced freak weather with winter temperature going below 15 degrees centigrade causing unprecedented cold spell. Russia too had its coldest winter in 25 years with temperature touching minus 31 degree C


SUMMITS on Climate

The US White House conference of major carbon emitting economies was held end of September. Though nothing concrete was proposed President Bush has shown seriousness on the issue.

The meeting came just days after the United Nations' Climate Change Summit at which leaders from more than 80 nations committed to launching formal negotiations for a global climate agreement in December 2007 in Bali, Indonesia. This comprehensive agreement is expected to build on the Kyoto Protocol, which expires in 2012, by broadening carbon markets, mobilizing investments in clean technology, and funding adaptation programs for the poorest and most vulnerable countries.


Gaseous Emission at Dangerous level

The green house gases have already reached levels, which were not expected for another ten years according to data analysed by an Australian climate expert. Flannery, whose recent book "The Weather Makers: How Man Is Changing the Climate and What It Means for Life on Earth," made best-seller lists worldwide, said the data showed that the amount of carbon dioxide and other greenhouse gas emissions had reached about 455 parts per million by mid-2005, well ahead of scientists' previous calculations.


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