Monday, August 9, 2010
How Will Small Businesses Survive Peak Oil?
From Yahoo to Virgin, big business is waking up to the threat of peak oil.
So much so, that Virgin bross Richard Branson believes we should bemobilizing for peak oil as if for war. But what about the little guy? It's often assumed that because peak oil will make global shipping a challenge, that we'll just transition back to smaller, more local economies. I suspect the truth will be a little more complicated than that.
As much as we TreeHuggers like to espouse the virtues of local business and human scale economies, there can be few businesses out there—big or small—that find themselves immune to the threat of rising energy prices or economic volatility. And as recent events have shown, while corporations may find themselves on shaky ground, there is often a helping hand out there to stop the giants from failing. Will that be the same for the small operators? A small social enterprise in the UK is aiming to ensure that we head the problem off before it becomes a crisis . More >>>