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2.24.2004

the observer and fortune both report on a recent pentagon report admitting possibility of (predicting?) dire consequences from global warming. commentary here from tom englehardt. mainstream media coverage must be seeking shade.

related: "A report published by the Chartered Insurance Institute (CII) in the UK estimates that if nothing is done to stop global warming, economic losses from extreme weather will be larger than global GDP by 2065." --earth crash earth spirit

well, the weather futures market should take care of everything...

ah but probably not the peak of global oil production: "Energy forecasts call for Saudi Arabia to almost double its output in the next decade and after. Oil executives and government officials in the United States and Saudi Arabia, however, say capacity will probably stall near current levels."--today's nytimes
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