February 5, 2006
FOR IMMEDIATE RELEASE:
LOCAL SOLUTIONS TO THE ENERGY DILEMMA
International Experts to Set Out Local Responses at New York City Conference April 27 29 2006
New York City , NY Over 30 leading experts in energy, agriculture, economics, engineering, geology, politics, and sustainability will gather during the final week of April to address the local impact of what is viewed to be the impending crisis in world affairs.
As the world’s demand for oil has grown to match total production capacity, reserves have virtually disappeared.
Peak Oil will occur when half of all the oil has been pulled from the ground. After that, oil will become increasingly scarce, and increasingly expensive, over time. When oil becomes expensive the economy goes into recession until it becomes cheap again. Peak Oil means that oil will only get more expensive, forever. Many people who know what they’re talking about think we are at Peak right now .
A study commissioned by the U.S. Department of Energy warns that after peak, liquid fuel prices will increase dramatically, and without proper planning and concerted effective action, the economic, social and political costs will be unprecedented.
While many are painfully aware of how rising fuel prices affect the economy, the full scope of the problem has not yet begun to be appreciated. But it is clear that even slight disruption to world oil supply can cause severe fuel price shock, such as those from the OPEC oil embargo of the 1970s and last summer’s hurricanes. Turmoil in the Middle East could quickly bring more. Over time, permanent shortfalls are certain.
Peak Oil, NYC, a citizens group, Local Energy Solutions and the Five Borough Institute (a 501(c)3 organization) will host the 3 day conference at 2 locations in Midtown Manhattan: the 750 seat Community Church on East 35 th St. and Cooper Union’s 900 seat Great Hall on Cooper Square. The goals of the conference are to increase public awareness of impending energy dilemma and to encourage government, business and civic organizations to begin strategic planning discussions to adapt to growing energy scarcity and permanently increasing energy prices.
Confirmed speakers include:
There will be panels of speakers who figure prominently in the worlds of transportation, energy conservation, renewable energy, and expansion of regional agriculture.
Admission to the conference is available for 1, 2 and 3 days, with professional, low-income, student, and group rates. A highlight of the conference will be a screening of The Power of Community: How Cuba Survived Peak Oil, an inspiring documentary about the Cuban people’s response to a national energy crisis.