http://www.fromthewilderness.com/free/ww3/071805_rationing.shtmlIn previous stories, reprinted from the Financial Times, (April 16, 2005, IEA Calls For Emergency Plan), and Al Jazeera, (March 24, 2005, IEA Wants Brakes on Fuel Consumption) we commented on how the International Energy Agency had apparently dusted off plans for rationing to be imposed (with the full authority of government and the UN) in nations which had signed the original UN treaty in 1974 or joined later.
The IEA plan is here. As of today, IEA Member countries include: Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Japan, Republic of Korea, Luxembourg, The Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom and the United States. (Source:
http://www.iea.org)
Now we see the Falls Church News-Press (a very influential local newspaper from an affluent Washington, DC suburb) do some very hard-edged reporting on Peak Oil issues. This is the second time FTW has reprinted a News-Press story in a month. This is a local paper for the spot where the senior policy makers, intelligence officials and many high-ranking military personnel live and raise their families. They want a local paper that prepares them and that's what they've got. They get "authentic journalism" of sorts.
Contrary to this story's spin however, this plan has more loopholes for black market profiteering, arbitrage and manipulation than a colander has for draining spaghetti. The profit potential here is far greater than it would be with, for example, tax credits and subsidies for renewables. Once again, we're back to the infamous quotation: "It may not be profitable to slow decline." Or, as Catherine Austin Fitts says, "They make money on the way up and they make money on the way down."
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the article goes on to say to put rationing on your schedule this winter.