Saturday, July 7, 2012

Insurance industry understands the dangers of #peakoil and #climate -- next #oilshock due sooner rather than later.

Civilization and the Price of Oil  |  Peak Oil News and Message Boards: "The data he bases his talk on, all freely available on the Internet, checks out. In fact the scariest document I came across was from the world’s most famous insurance company, Lloyd’s of London. It advises the businesses they insure to begin “scenario-planning exercises” for the oil price spike they expect in the “medium term”"

'via Blog this'

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