Civilization is coming to an end soon. It is the scientific conclusion of most widely-respected geologists, physicists, bankers, and investors in the world. This phenomenon known as global "Peak Oil."
Our World beyond 2080...will we live our civilization without oil? Is that means the end of civilization?
The diagram shows all oil production follows a bell curve.
Oil is increasingly plentiful on the upslope of the bell curve, increasingly scarce and expensive on the down slope. The peak of the curve coincides with the point at which the endowment of oil has been 50 percent depleted. Once the peak is passed, oil production begins to go down while cost begins to go up.
This means that if 2005 was the year of global Peak Oil, worldwide oil production in the year 2030 will be the same as it was in 1980. However, the world’s population in 2030 will be both much larger (approximately twice) and much more industrialized (oil-dependent) than it was in 1980. Consequently, worldwide demand for oil will outpace worldwide production of oil by a significant margin. As a result, the price will skyrocket, oil dependant economies will crumble, and resource wars will explode.
Because petrochemicals are key components to much more than just the gas in your car. As of the year 2002, approximately 10 calories of fossil fuels are required to produce every 1 calorie of food eaten.
Pesticides and agro-chemicals are made from oil; It's not just transportation and agriculture that are entirely dependent on abundant, cheap oil. Modern medicine, water distribution, and national defense are each entirely powered by oil and petroleum derived chemicals.
In addition to transportation, food, water, and modern medicine, mass quantities of oil are required for all plastics, all computers and all high-tech devices, automobiles, microchips,the Internet, concrete, asphalt, highways, and modern cities.
When considering the role of oil in the production of modern technology, remember that most alternative systems of energy — including solar panels/solar-nanotechnology, windmills, hydrogen fuel cells, biodiesel production facilities, nuclear power plants, etc. all rely on sophisticated technology and energy-intensive forms of metallurgy.
In fact, all electrical devices make use of silver, copper, aluminum and platinum, each of which is discovered, extracted, and fashioned using oil or natural gas powered machinery.
The relationship between the supply of oil and natural gas and the workings of the global financial system is arguably the key issue to dealing with Peak Oil as robost and smoothly function global capital markets must exist in order to power an orderly (or semi-orderly) transition process. In fact this relationship is far more important than alternative sources of energy, energy conservation, or the development of new energy technologies.
The ‘post-peak’ world clearly does not imply the End of the World: but it implies an extremely volatile one, whose dynamics will be difficult to predict. It is a world not of easy abundance, but of declining – and increasingly expensive – carbon-based resources. If we are to develop sufficient resilience to the various price shocks and converging crises of the ‘post-peak’ world, we will need to recognize that they are symptomatic of an inevitable civilizational transition toward an emerging post-carbon age. There is no time for denial. Governments and communities need to start adapting now.
WZWH is asking the government of Malaysia, especially PM Najib, what are our contingency plans to face this calamity. We may not live up to 2080 and beyond but for the sake of our children, grandchildren and so forth, we must do something. All of us the Malaysians.