Ethical Issues Of Peak Oil
Peak oil is unquestionably linked with the economic state of nations and has great potential to lead to another global recession as it has done in the past. (McPherson, GR. & Weltzin, JF. 2008, pg. 187) Food production, manufacturing, transport and energy supplies will all be heavily affected and will further propel the global economy into a downward spiral. On June 30, 2008 the price of oil globally peaked at $143 a barrel. The economic recessions such as the 1973 and 1979 energy crisis …show more content…
Our society needs to take this into consideration and promote ethical responses such as the implementation of an ‘energy descent culture’, the rebuilding of energy production, and local food networks. Countries that dominantly rely on importing oil will be immensely affected sooner and more excessive than countries that export (Foucher, S. 2007). As the price of oil increases it will leave many individuals unable to afford the luxuries that we take for granted today. Numerous amounts of people will be forced to either walk, use bicycles, electric cars or public transport as a means of transportation, as the running costs of a petroleum based car becomes too excessive for the majority. Alternatives for the populace include telecommuting, moving from suburbia to either rural, or high-density regions, where these means of transport are more viable options and can ultimately see suburbia becoming the ‘slums of the future’. (Kunstler, J. …show more content…
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