The Crisis of Energy and Money in a Post Peak Oil World
A 25-Point Program for Action
Mike Ruppert has been at the forefront of speaking and writing about the grim reality that the world’s crude oil output is peaking or has already peaked and will soon begin what could be swift declines over the next decade or two. The world needs to pay careful attention to the multiple risks this event will usher in. Thanks to Ruppert’s new book, readers around the world will have access to his well written work.
—Matthew R. Simmons, Chairman, Simmons & Company
The world is running short of energy—especially cheap, easy-to-find oil. Shortages, along with resulting price increases, threaten industrialized civilization, the global economy, and our entire way of life.
In Confronting Collapse, author Michael C. Ruppert, a former LAPD narcotics officer turned investigative journalist, details the intricate connections between money and energy, including the ways in which oil shortages and price spikes triggered the economic crash that began in September 2008. Given the 96 percent correlation between economic growth and greenhouse gas emissions and the unlikelihood of economic growth without a spike in energy use, Ruppert argues that we are not, in fact, on the verge of economic recovery, but on the verge of complete collapse.
Ruppert’s truth is not merely inconvenient. It is utterly devastating.
But there is still hope. Ruppert outlines a 25-point plan of action, including the creation of a second strategic petroleum reserve for the use of state and local governments, the immediate implementation of a national Feed-in Tariff mandating that electric utilities pay 3 percent above market rates for all surplus electricity generated from renewable sources, a thorough assessment of soil conditions nationwide, and an emergency action plan for soil restoration and sustainable agriculture.