The first working day after launching Energise on The Late Late Show, The Guardian Newspaper ran a report validating the book’s hypothesis that the IEA data was taking a “goldilocks” view of energy reserves. Energise suggests that the German Energy Watch Group, ASPO and Jeff Rubbins are right, that we’re past peak which means, according to a major US energy expert, Robert Hirsch we face 20 years of “disruption”, read runaway oil prices and sky high inflation in commodities. An insider is claiming that the IEA falsified its data. Energise covers the key 2008 IEA world oil audit in depth in a chapter in the book but now here is the link to the shock Guardian revelation;
On more positive and investor-oriented stuff is the acquisition of Burlington Northern Sante Fe railway by Warren Buffet’s Berkshire Hathaway . I wrote Energise two years ago but delayed its launch due to the banking crisis dominating attention. In the chapter on energy efficiency investments this railway was fingered a buy – because, as oil prices rocket, US citizens will ditch their cars and lorries in favour of rail transport and freight which is precisely why Buffet is buying it. You can ignore all the patriotic guff about investing in America, Buffet is investing in peak oil – he knows it’s here too. For a Bloomberg report see here. Energise contains over 60 stocks, Exchange Traded funds and collective investments to help you grow your money despite the impending wave of inflation looming.
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