But peak oil isn't just expensive. It's almost certainly revolutionary. And it's also at our doorstep. Forget about the production capacity knocked out by Hurricane Katrina. The real story is China, as one-seventh of the world's population begins a wild, carbon-fueled ride towards western prosperity.
Initially destructive, economists predict peak oil will ultimately be the necessity that is the mother of new invention, as major western economies retool to refuel and get serious about energy alternatives. In the process, everything from the way we design our cities to how we grow our food to the global status we enjoy goes up for grabs.
Of course, the obvious way to mitigate any future oil shock would be to start curtailing use and demanding new efficiencies while the choice is still ours. Crises inevitability produce opportunities and as the nineteenth century philosopher Joseph Schumpeter observed, in any period of creative destructive where old orders, ideas and industries are plowed under, the place you want to be is at the front of the pack.
Becoming a world leader in green energy technologies and low-carbon living doesn't only sound nice, it makes solid business sense with potentially vast profits once the economics of oil start to tilt. But first things first: eliminating the twenty percent gap between Canada's current carbon emissions and its Kyoto goals would be a good place to start.
Nano gets big
How small is a nanometer? Ted Sargent, Professor and Canada Research Chair in Nanotechnology at the University of Toronto, likes to use this rule of thumb. A nanometer is to a meter what a marble is to the earth. It's pretty small. But it's at this almost incomprehensibly tiny scale that big things are happening.
http://thetyee.ca/Views/2005/12/29/BigIdeas/print.html
And Part 2
http://thetyee.ca/Views/2005/12/30/15BigIdeasPart2/
[Proofreader's note: this article was edited for spelling and typos on January 2, 2006]
Note: http://thetyee.ca/Views...
http://thetyee.ca/Views...

I can think of one more benefit of green energy and low-carbon living, the end of wars and false flag terrorism. When every country has the capability to create their own energy source, there will be no need for governments to fake terrorist attacks to justify their wars for oil.
Just think what the 230 billion dollars or so could have accomplished if it was invested in alternative fuels research rather than the bogus "war on terror" by the Americans.
Governments need to be pouring every cent possible into research of E85, biodiesel, wind power, solar, geothermal, etc. I for one can't wait until every house has its own windmill and solar panels and generates its own energy. We can kiss monthly hydro and gas bills goodbye and stop trusting an inept government with every facet of our well being.
Peak Oil is _the_ biggest underreported story in Canada.
- Dingbat
What is also not being said is this, oil is not going to run out at current and future estimated usage rates for about 100 years. What is going to happen though, is that what oil is left, is going to be much more expensive to get out of the ground and to market.
But beyond all that, the largest issue for me around peak oil is this - energy poverty. Canadians decry the price at the pumps, as they should. But let's stop and think about the third world. They will never be able to industrialize and lift their people out of poverty using today's technologies - they cannot afford it now, and most certainly cannot afford it tomorrow with the ever increasing cost of energy. Energy poverty is real, it is here today and is only going to get worse, and sadly, there is no easy answer as to how to help them out of their situation.
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If there was ever a time for Canadians to become pushy - now is the time - for time is running out on this nation called Canada.