The year climate science caught up with what climate scientists have been saying privately for years
Joseph Romm, Climate Progress
"In 2009, the scientific literature caught up with what top climate scientists have been saying privately for a few years now: Many of the predicted impacts of human-caused climate change are occurring much faster than anybody expected - particularly ice melt, everywhere you look on the planet. If we stay anywhere near our current emissions path, we are facing incalculable catastrophes by century’s end, including rapid sea level rise, massive wildfires, widespread Dust-Bowlification, large oceanic dead zones, and 9°F warming - much of which could be all but irreversible for centuries."

Heads in the Sand? Or, Why Don’t Governments Talk about Peak Oil?
Shane Mulligan, The Oil Drum
"The ongoing borrowing binge, dressed up as a Keynesian stimulus, seems to many an utterly unsustainable corporate welfare scheme being loaded on the backs of generations yet to come. If governments realize that the old game of capitalism cannot be sustained under conditions of declining energy, then the future of capitalism - at least under existing rules - becomes somewhat irrelevant. In that case, perhaps the only thing to do is seek to gain whatever can be withdrawn from the system prior to a major rule-change. Whether these advantages will still hold under whatever new rules emerge remains an open question."

Supply Chain Comment: The Start of Demand Destruction for Oil?
Mike Loughrin, Supply Chain Digest
"Research suggests that rising oil prices impact supply chain dynamics in manners that are best understood through total landed cost analysis and network optimization studies. Some studies, including those published by SCDigest, suggest that oil at $150 a barrel is the tipping point where transportation costs can overwhelm the low labor costs in far away countries; the result is a total landed cost calculation that favors production and distribution facilities close to the customer."