Wednesday, June 20, 2018
Publication Date: 07/1/2010
Archive >  July 2010 Issue >  Tech-Op-Ed > 

A Bad Time for the Ecology
Jacob Fattal, Publisher

After months of reporting about the re-emergent economy and the way trade shows have all been on the upswing, our world has been invaded by an economic/ecological disaster of gargantuan proportions. The Gulf Coast Oil Spill, is having ripple effects all across the economies of North America, and the end does not appear to be in sight. The degree of upset to our ecology is enormous by itself and may take decades to overcome — as will the economic impact, which may be felt for many years.

We have been driven to this juncture by our unquenchable thirst for more and more energy — even in the face of rising oil prices and increased pressures to find more ecologically friendly solutions. The fact is that as long as there is oil under our feet, there will be a market for it, and we seem to keep finding more and more untapped deposits; unfortunately, most of the new discoveries are under miles of ocean.

The ripple effects are felt far and wide. The most obvious one is a new increase in prices at the gas pumps; not a whole lot, but enough to be felt. There have been complaints of Louisiana shrimp selling for $70 (Canadian) per dozen in Toronto. More obvious is the ecological disaster of oil washing up on the shores of Louisiana (still struggling back from Katrina), Mississippi, Alabama and Florida. And Texas may be next. These states have ecologically fragile coastlines, and seafood industries that rely on clean, unpolluted water. That delicate balance has ended, and frantic measures are being taken to mitigate the disaster.

In the meantime, we are witnessing a strong resurgence of the electronics industry, in the face of, and in spite of the BP oil disaster. People everywhere still want and need their electronics, even if the cost of the energy to run them may be going up in the short term.  

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