![]() | Conversations along the Highway: Where Gasoline Prices Hit the Hardest | The Oil Drum | DrumBeat: June 13, 2008 | ![]() |
![]() | Peak Oil 101: Why Isn't This Class Available Yet in My College? | The Oil Drum: Local | Green Cottage: eco-renovation of a 100-year-old Victorian end-terrace | ![]() |
93 comments on TOD Local Open Thread: Any Hope of a Buyer's Strike?
Comments can no longer be added to this story.
| Show without comments | PDF version
93 comments on TOD Local Open Thread: Any Hope of a Buyer's Strike?
Comments can no longer be added to this story.
| Show without comments | PDF version
Search
Blogroll
NY Blogs
- Gothamist
- Starts & Fits
- Aaron Naparstek
- Baloghblog
- One Atlantic
- bikeblog
- Curbed
- Urban Digs
- OnNYTurf
- Daily Gotham
- StreetsBlog
Local Organizations
- NYC Peak Oil Meet-up
- Peak Oil NYC
- Transportation Alternatives
- Time's Up
- Straphanger's Campaign
- Regional Plan Association
- Green Homes NYC
- Tri-State Transportation Campaign
- Harbor Rail Tunnel
- Auto Free NY
- Walk NY
- Bridge Tolls Advocacy
- Vision 42nd Street
- Car Free
- Right of Way
- Upper Green Side
Local Media
National Peak Oil Sites
Webrings
|
|
|
|
User login
Personnel
Classic posts
Archives
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
The Oil Drum: New York City archives
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- March 2006
- February 2006
- January 2006
- December 2005
- November 2005
- October 2005
- September 2005
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.




GAIA Host Collective
Good question ericy - here's some responses to consider.
I think this could be done hand in hand with multilateral trade & security agreements. If a country did not participate or made meaningless gestures, the rest of the group would have to threaten to do something meaningful like increase trade tariffs or kick them out of whatever regional defense network they belong to. But the idea is that solidarity is paramount. If that's not possible, then it's back to laissez-faire market demand destruction - messy, inequitable, social upheaval - in other words, the perfect environment for dictators and demagogues. We need to have proactive leadership now to head off the more ominous scenarios later.
To fight the power of a cartel, you have to think like a union. We hang together or hang separately. Plus, by reducing your net consumption of oil you are improving your balance of trade, holding down inflation, which at these prices is a real risk.
The idea is to start to put into place the societal behaviors that will reduce consumption in a more orderly and equitable way that maintain the social fabric. Some of these short term measures would be done on an "emergency basis" at first but they might gain popularity as they make people less dependent on oil and can be supplemented by more long term investments in efficiency in buildings and increases in gas mileage on newer cars.
China is busy building new airports for their growing middle class and the increasing number of tourists.
http://www.chinahighlights.com/china-flights/china-airport/
Well put Glenn.
Working in favour of cooperation is the fact that fighting climate change and addressing oil shortages actually go together quite nicely. Net importers have many incentives to reduce their imports, including the huge one of energy security. The trick is to make oil expensive locally but at the same time protect the poor and keep the money from flowing, in the form of scarcity rent, to the producing countries.
Peter Barnes has developed a great approach called Sky Trust; an Irish think tank has a similar approach called Cap and Share. These are what the world needs.
One of their strengths is that it isn't all or nothing... individual nations or regions can start, and others can join them or not down the road. The Irish government, I understand, is seriously considering this. It is the ultimate buyers' strike. Although their focus is on climate, they have written about peak oil and how a cap and share approach would keep energy scarcity from, in their words, crucifying the poor.
http://www.capandshare.org/
Yes - that's about what I had in mind. thanks
I've heard this kind of system justified on Georgist grounds. http://en.wikipedia.org/wiki/Georgism
The time we need to carry out these things is actually not that much longer than a modern war so I would think that straight out rationing should be the starting point. Introducing some trading makes some sense if it is done at the level of the individual. Tradable Energy Quotas (TEQs) have been discussed here: http://www.theoildrum.com/story/2006/8/4/163554/8625
and the US DOE rationing plan includes a ration white market. Cap-and-Trade though tends to benefit legacy polluters and I think it needs to be avoided.
Chris