In the News (from Energy Bulletin): “IEA report to the G8” The International Energy Agency reports that energy investment worldwide is plunging in the face of a tougher financing environment, weakening final demand for energy and falling cash flows – which is primarily the result of the global financial crisis and the worst recession since the Second World War.
…There is clear evidence that energy investment in most regions and sectors will drop sharply in 2009. Preliminary data points to sharp falls in the demand for energy, especially in the OECD (Organization for Economic Cooperation and Development) member countries, contributing to the recent sharp decline in the international prices of oil, natural gas and coal…
Falling energy investment will have far-reaching and, depending on how governments respond, potentially grave effects on energy security, climate change and energy poverty.
My Comment: At the same time, we are being told that we have hit bottom and are on the rise! The lack of solution forces leaders to hide the actual picture. However, the solution can be found only with the revelation of Kabbalah as a method of correction.
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