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News from December 2011

Now migrants flooding OUT of Europe in search of jobs as tens of thousands flee Portugal, Ireland and Greece

Now migrants flooding OUT of Europe in search of jobs as tens of thousands flee Portugal, Ireland and Greece thumbnail

Tens of thousands of Portuguese, Greek and Irish people are abandoning their homelands as job prospects look increasingly dire. Migrants used to see the EU as a top destination for work and a better lifestyle, but now a stream of Europeans are leaving the continent, figures show. In the past year, 2,500 Greeks have left […]


32 US Coal-Fired Power Plants Headed for Closure

32 US Coal-Fired Power Plants Headed for Closure thumbnail

The hotly debated Air Toxics Rule and Cross State Air Pollution Rule now slated for enactment in three years by the U.S. Environmental Protection Agency are destined to close at least 32 coal-fired power plants throughout the U.S. each with an average age of 51 years. This according to a survey of 55 power plant […]


Study Connects U.S. Deaths to Fukushima, Contradicts EPA Reports

Study Connects U.S. Deaths to Fukushima, Contradicts EPA Reports thumbnail

A new study set for publication tomorrow in the International Journal of Health Services found there may be a connection between an estimated excess of 14,000 deaths in the U.S. and the radioactive fallout from explosions at Fukushima nuclear reactors in Japan, an argument in direct conflict with reports from the Environmental Protection Agency. In the 14 […]


R-Squared Energy TV: Episode 6 – EROEI Explained

R-Squared Energy TV: Episode 6 – EROEI Explained thumbnail

In this week’s episode of R-Squared Energy TV I present the first of several mini-presentations on energy topics of interest. The presentations will be short, 5 to 8 minute presentations with 3 to 5 slides each. This week’s presentation is on Energy Return on Energy Invested (EROEI). I believe there are a lot of misunderstandings […]


Return of the food and energy crisis: structural problems and/or financial speculation?

Return of the food and energy crisis: structural problems and/or financial speculation? thumbnail

Sean Thompson gave this presentation to a seminar of economists organised by The International Institute for Research and Education in Amsterdam in November. An edited version will appear in the next issue of Socialist Resistance. Of course, its glaringly obvious that the fluctuations in world oil and fuel prices, particularly the wild fluctuations of the […]


Collapse! The Game: Early draft

Collapse! The Game: Early draft thumbnail

Some of you are aware that I have been working on a cooperative board game called Collapse! designed to help people learn and practice grassroots community-building and preparing locally for the various crises that may precede civilization’s collapse. I’ve finally got a first outline draft of the game, and decided to share it with the […]


Arctic oil and natural gas potential

Arctic oil and natural gas potential thumbnail

According to an assessment conducted by the U.S. Geological Survey (USGS), the Arctic holds an estimated 13 percent (90 billion barrels) of the world’s undiscovered conventional oil resources and 30 percent of its undiscovered conventional natural gas resources. While risks associated with economics, the region’s harsh environment, and ongoing territorial disputes are considerable, potential rewards […]


Warming-Driven Drought and Extreme Weather Emerge as Key Threat to Global Food Security

Warming-Driven Drought and Extreme Weather Emerge as Key Threat to Global Food Security thumbnail

This year has seen a great many important climate stories.  Obviously, the continued self-destructive failure of the nation and the world to reverse greenhouse gas emission trends always deserve to be the top story in some sense: Biggest Jump Ever in Global Warming Pollution in 2010, Chinese CO2 Emissions Now Exceed U.S.’s By 50% IEA’s […]


A Monster from the Deep

A Monster from the Deep thumbnail

With relatively little fanfare on the international stage, Lundin Petroleum and Statoil (and partners) have just recently jointly discovered one of the largest oil fields ever found in the North Sea. The Aldous Major South – Avaldsnes discovery on the Utsira High structure is currently estimated to contain 1.7 to 3.3 billion barrels of recoverable […]


BP turns out lights at solar business

BP turns out lights at solar business thumbnail

British oil major BP shut down the remnants of its solar unit on Wednesday, drawing a line under the business on which most of its Beyond Petroleum tagline of the early 2000s was premised. The unit, which BP has been scaling back since 2008, is the latest sun energy business to fall victim to rampant […]


14,000 US dead in 14 weeks after Fukushima meltdown

14,000 US dead in 14 weeks after Fukushima meltdown thumbnail

A peer-reviewed study published in the International Journal of Health Services estimates 14,000 excess deaths in the United States are linked to the radioactive fallout from the Fukushima nuclear reactors.   The article by Joseph Mangano and Janette Sherman is the first published in a medical journal.   “This study of Fukushima health hazards is […]


Robert Rapier: Power Plays: Energy Options in the Age of Peak Oil

Robert Rapier: Power Plays: Energy Options in the Age of Peak Oil thumbnail

I have gotten numerous inquiries about the book I am working on, so just wanted to provide a quick update. I have been unsure about exactly how long this process would take, but apparently it is a lot faster than I had imagined. My original thinking was that it would be out around the middle […]


You Are Here: The Oil Journey

You Are Here: The Oil Journey thumbnail

we have just completed “You Are Here: The Oil Journey.” This is a customizable presentation *you* can use to tell your own journey and to invite new people to join the larger conversation. This animated slide show delivers PCI’s core message honestly, but in a compassionate way that…well, just watch it and see for yourself. The […]


The Inflation-Deflation Debate—What Lies Ahead?

The Inflation-Deflation Debate—What Lies Ahead? thumbnail

Inflation-inducing scenarios loom over the global economy as 2011 eases out and 2012 slips in, but how all the elements come together in the next few months will be a key to just how high prices rise and how long they stay there. As the close of the year,   the U.S. continues to limp along […]


The Peak Oil Crisis: 2012 – Apocalypse Now?

The Peak Oil Crisis: 2012 – Apocalypse Now? thumbnail

This would not be a biblical apocalypse or even a Mayan one, but rather an event of our own making. The world has made so many problems for itself in recent decades that the whole edifice of civilization is showing signs of coming unglued. This sort of thing has happened within living memory – remember […]


Chris Nelder: Energy politics at the piano bar

Chris Nelder: Energy politics at the piano bar thumbnail

She was dressed up for a night on the town, her blond hair teased into a frisky friz, but her makeup couldn’t completely hide decades of hard living, drinking and sorrow. Looking like she would have been more at home in a dive bar than a piano lounge in a nice family restaurant, she belted […]


Did the Federal Government Invent the Shale Gas Boom?

Did the Federal Government Invent the Shale Gas Boom? thumbnail

In the Washington Post the folks at the Breakthrough Institute try to learn us some history about the shale gas boom. Maybe you think the shale gas boom was some big surprise suddenly made real after the decades-long work of a hard-headed oil and gas guy – George Mitchell – willing to spend millions of […]


Enbridge Northern Gateway Pipeline Is Unnecessary

Enbridge Northern Gateway Pipeline Is Unnecessary thumbnail

A new report submitted to the Enbridge Northern Gateway federal review panel suggests the proposed Enbridge Gateway pipeline is unnecessary and puts the long-term energy security of Canadians at risk. Commissioned by ForestEthics for the review, and authored by geoscientist, David Hughes, a former scientist and research manager with the Geological Survey of Canada, the […]


Iter financing package secured

Iter financing package secured thumbnail

Details have been released of a final funding agreement that will see the European Union (EU) financing its commitments to the Iter fusion project in France for the next two years.   How the completed Iter buildings at Cadarache could appear (Image: Iter)   The EU Council of Ministers, the European Parliament and the European […]


Are You Ready for “Peak Silver”?

Are You Ready for “Peak Silver”? thumbnail

We’ve all heard of peak oil — the notion that, because there’s a finite oil supply, production will one day begin to progressively diminish until there’s no oil left. Well, a similar thing may be happening with silver, one of the world’s most desired precious metals. That’s why we at StreetAuthority think silver may be […]


Profit from Peak Oil: Bob Moriarty

Profit from Peak Oil: Bob Moriarty thumbnail

The Energy Report: Peak oil has returned as a popular topic of conversation, and you’ve been talking about it for some time. Are we really in the era of peak oil, with oil production diminishing? Or do we just lack cheap oil? Bob Moriarty: It’s both. We’ve reached the peak of oil production, which doesn’t […]


Nations Meeting in Rome Agree to Increase Pressure on Iran

Nations Meeting in Rome Agree to Increase Pressure on Iran thumbnail

Italy said participants in talks in Rome on stiffening sanctions on Iran called on the nation to answer questions about its nuclear program and vowed to step up pressure against the world’s No. 3 crude exporter. Participants in what was described as a meeting of “like- minded nations” asked Iran “to satisfy requests by the […]


Why Oil Prices Are Killing the Economy

Why Oil Prices Are Killing the Economy thumbnail

“Oh, that was easy,” says Man, and for an encore goes on to prove that black is white and gets himself killed on the next zebra crossing.” ? Douglas Adams, The Hitchhiker’s Guide to the Galaxy Have rising oil prices just put the final coffin nail in the entire 2009-2011 economic recovery? Given the slowdown […]


A Severe Decrease in Oil Supply Could Devastate the World Population

A Severe Decrease in Oil Supply Could Devastate the World Population thumbnail

The ownership of the largest deposits of oil, notably in the former U.S.S.R., e.g. Siberia and Kazakhstan and the Caspian region generally, in addition to the fields in the Middle East, will likely determine the future balance of world power. “The New World Order” as it is sometimes referred to. It is interesting that it […]


Canada ‘very serious’ about selling its oil to China, Harper says

Canada ‘very serious’ about selling its oil to China, Harper says thumbnail

Stephen Harper says Canada is on a “different track,” committed to selling its oil to China even at the risk of angering Americans. In a year-end interview with CTV the Prime Minister said though many senior American officials remain hopeful that the Keystone pipeline will get built, connecting Alberta’s oil sands to the United States, […]


Peak Oil Facts with Richard Heinberg

Peak Oil Facts with Richard Heinberg thumbnail

a clip as part of the ” Why Are Things Falling Apart? ” series. In this one, Richard Heinberg discusses peak oil, energy crisis, and economic collapse.


When It Hits The Fan, Don’t Say We Didn’t Warn You

When It Hits The Fan, Don’t Say We Didn’t Warn You thumbnail

If you’ve followed trend forecaster Gerald Celente [1] for any period of time you’ve probably realized he knows what he’s talking about. For the better part of two decades Celente and his Trends Journal [2] have been forecasting political, financial, economic and social trends with an uncanny ability for accuracy. In his latest interview Celente […]


Can we invest our way out of an energy shortfall?

Can we invest our way out of an energy shortfall? thumbnail

The world has many ideas for solving our energy shortfall, but they all seem to involve investment: Drill for more oil and gas; Develop alternative energy sources; Build more efficient gas-powered cars or electric cars; Fix homes and offices so they are more energy efficient. I thought I would check through government data to see […]


US on track to be an oil exporter

US on track to be an oil exporter thumbnail

The contentious debate in Congress over the Keystone XL pipeline obscures one significant detail many Americans don’t realize: In the first three quarters of 2011, we exported more oil than we imported. This means it’s highly likely that this year will be the first time in more than six decades that the United States will […]


Output from N.Sea field to remain diminished

Output from N.Sea field to remain diminished thumbnail

Production at major North Sea field Gullfaks will be lower than normal again in 2012, Norway’s Statoil said on Monday, repeating previous guidance and adding it had reopened some wells that had been closed due to safety concerns. Output at the field has been curtailed throughout 2011 and for several months in 2010 after the […]


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