Tuesday, May 17, 2011

"Reasons to be Cheerful" about Climate Change


John Quiggin says the arrival of "peak gasoline" is good news:

Reasons to be cheerful, Part I, by John Quiggin: There are plenty of reasons to be gloomy about the prospects of stabilizing the global climate. ... But there’s also some striking good news. Most important is the arrival of ‘peak gasoline’ in the US. US gasoline consumption peaked in 2006 and was about 8 per cent below the peak in 2010. Consumption per person has fallen more than 10 per cent.

See full Article.