Financial Sense Newshour with Jim Puplava

The Final Energy Crisis

Andrew McKillop

Author & Consultant

June 25, 2005

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The Final Energy Crisis This book explores the crisis in fossil fuels. Oil, gas and coal are precious resources that define modern life. Without them, mass-produced food and clothing, and international travel and cars, become rare or impossible. Yet our reliance on fossil fuels is responsible for massive environmental damage, and increasing economic and political instability. Control over oil resources has been a major factor in several wars. The price of oil is also key to world economic stability. Yet our supply of oil is limited. As with other fossil fuels, the more we burn, the more damage we do � the number one cause behind global warming is the increase in carbon dioxide from burning fossil fuels. The international range of contributors to this book provide a truly global perspective on the dangers inherent in our over-consumption of oil, gas and coal. They explore detailed evidence of the imminent acceleration of fossil fuel depletion and the limits of �sustainability.� They outline the political background to the situation, not just among the world�s largest consumers of fossil fuel, the US and China, but also in Europe and the developing world. Considering our future economic survival, they include a detailed examination of France and Australia. Finally, they explore the extreme costs of alternatives such as nuclear power, and outline other possible lifestyles and methods.

Andrew McKillop is a writer and consultant on oil and energy economics. Since 1975 he has worked in energy, economic and scientific organizations in Europe, Asia, the Middle East, and North America. These include the Canada Science Council, the ILO, European Commission, Organization of Arab Petroleum Exporting Countries, the UN Economic and Social Commission for Asia and South Pacific, and the World Bank. He is a founding member of the Asian chapter of the International Association of Energy Economics. He has published widely in journals including the Ecologist, the New Scientist and Le Monde Diplomatique.

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