Try living without water

Great piece by Robert Bateman. Lots of good thought, opinion and info, but this really caught my attention:

"A profound and sobering view of this situation is in the report "Perfect Storm" by Dr. Tim Morgan of the Tullett Prebon Group, one of the world's largest financial brokers in London. He states that a key element in the end of growth is the "killer equation". This is the "Energy Return on Energy Invested" (EROEI). In 1930, at the beginning of the commercialization of petroleum, it was 100 units of energy for every one unit invested. By 1970 it was 30:1. By 2010 it was 17:1. Tar sands and shale fracking are expensive. Their EROIE is 5:1 to 3:1. This huge jump in the cost of obtaining energy has giant implications in inflation and reduction of growth. We need to join together for plans for "life after growth".

And most of us are aware of this: "We are at or near "peak oil" and what comes next is "peak water". Experts say that we will be there in a few decades. According to the World Bank, wars of the 21st century will be fought over water. The amount of potable water is finite. We can live without oil for a week. Try living without water for a week."

http://thetyee.ca/Opinion/2013/07/13/end-of-petroleum-bubble/

Thanks Walt