TARANAKI TRANSITION ACTION GROUP

    
    __________________________New Zealand__________________________    
   

In response to the twin pressure of peak oil and climate change, some pioneering communities in the UK, Ireland and beyond are taking an integrated and inclusive approach to reduce their carbon footprint and increase their ability to withstand the fundamental shift that will accompany Peak Oil

 

Our mission is to inspire, inform, support, network and come alongside the Taranaki community. The two toughest challenges facing humankind at the start of the 21st CENTURY are Climate Change and Peak oil. the former is well documented and very visible in the media, Peak oil, however, remains under the radar for most people. Yet Peak Oil, heralding the era of ever declining fossil fuel availability, will challenge the economic and social stability that is essential if we are to mitigate the threats posed by Climate Change..

 

  
   
   
   
   
                               
It is the aim of this group to provide weekly networking meetings, showing informative DVD's, forming group discussions with view to creating  community solutions so that we can move forward in preparedness amongst like minded people who are prepared to support each other with their own ideas, information and knowledge.

 
                               
   

For more information about Taranaki Transition Action Group contact:

Lila Smith   lila.s@ihug.co.nz

06 7699055        Mobile 021 230 7962

www.transitionnetwork.org

TRANSITION TOWNS WIKI - TRANSITION NETWORK 

More about Peak Oil

Neil McMahon, of Sanford Bernstein, said: “Peak oil views – regardless of whether right or wrong – are seeping into the market and supporting high prices.”

Anne-Louise Hittle, of Wood Mackenzie, added that investors were shifting their focus from the short-term to the medium-term, where supply fears played a bigger role. Since January, long-term futures oil contracts, such as those for delivery in 2016, have jumped almost 60 per cent, while near-term prices have gone up 35 per cent.

That trend was exacerbated by T. Boone Pickens, the influential investor who believes world oil production is about to peak as aging fields run dry. He warned that oil prices would hit $150 a barrel by the end of the year.

“Eighty-five million barrels of oil a day is all the world can produce, and the demand is 87m,” Mr Pickens told CNBC. “It’s just that simple.”