[NYTr] Online Irish TV show - Future Shock: End of the Oil Age
 
Date: Tue, 3 Jul 2007 14:07:43 -0400

Via NY Transfer News Collective  *  All the News that Doesn't Fit
 
sent by Mark Graffis (activ-l) - Jul 3, 2007


Irish TV Online - RTE's "Future Shock: End of the Oil Age"

RTE 
http://www.rte.ie/tv/futureshock/

Watch 1 hour show here:
http://www.rte.ie/tv/futureshock/av_20070618.html

Future Shock: End of the Oil Age

In Future Shock: End of the Oil Age, RTI's Chief Economic Correspondent
George Lee brings us to the heart of one of the biggest challenges that
Ireland faces in the future - life after Peak Oil.

Peak Oil refers to a point in time when, with remaining reserves
beginning to diminish, world oil production will reach its maximum
point. The crossing of this simple threshold will be one of the biggest
events in modern history: every day that passes after Peak Oil, there
will be less oil available. The ensuing and inevitable rise in oil
prices will be only the first of the continuing shocks for Ireland and
the developed world.

In this, the second of RTI Television's Future Shock programmes, George
Lee examines how close we are to the end of the oil age and how
dramatically life may change in Ireland as the wells begin, finally, to
dry up.

The Celtic Tiger thrived on a diet of cheap fuel. Indeed, the whole of
Ireland's trading economy, from our labour supply to our civic
structures, from our ever-expanding suburbs to our lifestyle and
leisure patterns, are all based on cheap fuel and maximum mobility.
Without this steady supply of cheap oil, many of the presumptions
behind our very standard of living itself may require rapid
re-evaluation.

After the oil crash, even Ireland's geographical position as an Atlantic
island could become a defining, and isolating, factor in Ireland's
future.

George Lee is Chief Economics Correspondent for RTI News and Current
Affairs, reporting for both RTI Radio and RTI Television.

       
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