CobblyWorlds, I compliment your handle;  a piece of work and open to
lots of interpretations.

I agree with your assessment that peak oil spell trouble for the global
atmosphere.   US military and coal-States governors are teaming up with
speculators to provide future oil supply with coal liquids.  Even
Senator (now Presidential hopeful) Barack Obama is encouraging federal
support for coal to liquids.

Montana Governor Brian Schweitzer boasts the following:

With a demonstrated reserve base of 120 billion tons, Montana's coal
is, in liquid terms, over one quarter the size of the entire Middle
East oil reserve--enough fuel to power every American car for decades.

see the following link for his depressing projection of the
contribution Montana will make to the well-being of our children:

http://governor.mt.gov/hottopics/faqsynthetic.asp

Ignore his rhetorical nonsense about carbon sequestration and storage
(I realize
CCS is the mantra for those promoting clean coal but words will not
make that a reality...the (can do) way of marching forward without the
corporate (will do) or the geologic formation (cannot do).

 The Governor has a selling job to do and he makes a presentation that
would make a good demo for AMWAY sales agents.

And, I too sense trouble ahead in the stated views of James Annan when
he says:

[Anyway, my complaint is primarily with those who have clearly asserted
that yields are going to go down due to climate change.]

He might not be ready to saddle the South Australian drought to climate
change,  just yet.  Though, there is observation of a shift in the
subtropical jet stream being drawn closer to the Antarctic pole by the
tightening of the Antarctic Polar Vortex.  It seems to be pulling the
South Australian coast precip patterns with it.  Australia wheat crop
is down by 60 percent this year and China is feeling the hurt of lower
yields, expanding desertification and drought.  Throw in the melting
Himalayan glaciers that are headwaters for five major rivers in South
Asia, home to nearly 600 million people reliant upon those rivers for
irrigation.  Should I also mention the Ogallala Aquifer and the Rocky
Mountain snow pack diminishing water availability in the Western North
American grain basket.  It takes more than miracle seeds to grow the
crop.

Am I getting too gloom and doom).  There is hope and there is reality?
We need both but economies and civilizations plan best from the
standpoint of the latter.

Sure, Wall Street is on a rocket ride but that does not mean all is
well with the American economy.  Petrodollars, CEO mega bonuses and
real estate investment pull back means more investments into the only
game in town.  But, our children will have to tax themselves into
pauperism to cover the $40 trillion-plus unfounded mandates and federal
debt hanging over their heads.  These pieces do fit into the AGW
picture and are related to the US fix.  And, that fiscal straightjacket
will work against much of what Americans will have to do to adapt to
and mitigate the AGW crisis.

When the engine room is taking on water, one solution might be to flip
the boat over.  To me, that sounds a lot like Governor Schweitzer up
there on the bridge shouting in the captains� ear.


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