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What Japan's disaster tells us about peak oil http://apocadocs.com/s.pl?1301932471
While the thermal power stations may restart operations soon, the overall shortfall will become even more difficult to manage over the summer period when air conditioning is utilized. The reality is that these power cuts could continue for years, especially since the one of the two Fukushima nuclear plants has effectively become a pile of radioactive scrap....
It has been difficult for Japan's notoriously efficient industries to maintain production, given that they rely on just-in-time systems and which have supply plants (for needed parts) that are located in the zone impacted by these combined disasters. One example is in car production, where major firms have had to suspend work at their factories when key parts are no longer available from the affected region. The fragility of this system of industrial production is glaringly obvious and it is something that peak oil commentators have warned of multiple times....
Under a peak oil scenario, the entire world (not just one country) would be affected by a continuous decline in global oil production....
For a country like Japan that relies heavily on the import of food, having only 40 percent self-sufficiency, the real peak oil scenario would have dire impacts.
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Peak oil is so yesterday.
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