Jeff Rubin @ The Business of Climate Change Conference 2009

Submitted by David Herron on Wed, 02/03/2010 - 08:09

Jeff Rubin, the former Chief Economist of CIBC World Markets and the author of Why Your World Is About To Get A Whole Lot Smaller. Mr. Rubin predicts $225 per barrel oil by 2012 and with it the end of globalization, a movement towards local sourcing and a need for massive scaling up of energy efficiency.

This is a very interesting discussion of economic issues related to the peak oil and climate change threats discussed by the Transition Network.

http://www.youtube.com/watch?v=wYuLjGQQ-jg

Jeff Rubin's lecture

Submitted by Paul Heft on Wed, 02/03/2010 - 22:51.

David, thanks for including the Jeff Rubin video. Rubin lectures persuasively about the changes we should expect very soon as international oil demand exceeds supplies.

I was particularly interested in his argument about the reversal of offshoring, as rising transportation expenses make domestically manufactured (or grown) items competitive against those shipped from abroad. On the other hand, I'm concerned that capital will be so hard to raise that rebuilding manufacturing will be a painfully slow process.