- Obama has announced a series of railway building initiatives in the US. About time.
- I’m not the only one who’s put the UK national debt and peak oil together. “The strategy of creating money now, stimulating economic activity and putting off the problem into the future has run its course” says the Ecologist.
- Oil is sold several times en-route, and often tankers are re-directed to somewhere more profitable. Consequently, several oil tankers have anchored off the Devon coast, waiting for the oil price to rise.
- The money from Britain’s road-building budget could build 1,000 parks, according to Natural England.
- The budget has a soundtrack. I was listening to the new album by Great Lake Swimmers while writing about the budget a few days ago, and a song came on called ‘Stealing Tomorrow‘. ‘Stealing tomorrow from today’ goes the chorus. Indeed.
The Earthbound Report 