12 fresh angles on the Gulf Coast oil spill, neatly packaged

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http://www.freepress.org/departments/display/20/2010/3807

12 fresh angles on the Gulf Coast oil spill, neatly packaged
by Tod Brilliant
May 3, 2010

Santa Rosa, CA (2. April 2010) With the media coverage on the horrific Gulf Coast oil spill largely centering on the volume of the spill and efforts to stem the outflow, Post Carbon Institute offers 12 additional important angles, each tackled by one of the Institute’s 29 acclaimed Fellows. For further perspectives, information and insight contact the Institute.

1. The Ripple Effect

RICHARD HEINBERG (Senior Fellow – Energy & Climate) – We’ve only just begun to see the true cost of the Gulf Coast oil spill. As we saw with Hurricane Katrina, the ripple effect of disruptions in oil supply can lead to profound and surprising outcomes. When you add the unimaginably large costs associated with the discovery and delivery of deep water oil to the even more prohibitive costs of cleanup and damage control and remove the oil industry subsidies, suddenly ‘alternative’ energy supplies seem far more mainstream, affordable and realistic.