I’m posting a link to a video of right wing economist Jeff Rubin, a Canadian who has an excellent record of predicting economic trends and author of the book: Why Your World Is About To Get A Whole Lot Smaller.
Here he is giving a speech about how he believes in many respects the economies and environments of first world nations could be enhanced by Peak Oil. It is quite interesting as it is a very different take from the majority of doomsday rhetoric you hear about Peak Oil, I’m quite inclined to agree with most of what he says to a certain extent, he does seem to view the transition as a neutral or even positive event. If correct, it will mean a radical change to many parts of Auckland and Auckland will have to accommodate industries we thought gone forever such as large manufacturing and repair sectors.
While the video is 45 minutes long, the speech is just over 30 minutes, with 15 minutes of questions (during which he talks about the growing importance of transit) and well worth a watch.