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Additional capacity of around 2 700 bcm, or 4 times current Russian capacity, is needed by 2030 - half to offset decline at existing fields & half to meet the increase in demand



davep wrote:Here's the Summary & Conclusions from the IEA WEO 2009 abridged press version:
The financial crisis has halted the rise in global fossil-energy use, but its
long-term upward path will resume soon on current policies
-- Tackling climate change & enhancing energy security require a massive decarbonisation of the energy system
> We are now on course for a 6°C temperature rise & rising energy costs
> Limiting temperature rise to 2°C will require big emission reductions in all
regions
-- A 450 path towards ‘Green Growth’ would bring substantial benefits
> Avoiding the worst effects & costs of climate change
> Energy-security benefits, lower oil & gas imports & reduced energy bills
> Much less air pollution & huge health benefits
-- Natural gas can play a key role as a bridge to a cleaner energy future
-- The challenge is enormous – but it can and must be met
> Improved energy efficiency & technology deployment are critical
> Each year of delay adds $500 bn to mitigation costs between today & 2030

davep wrote:Here's the Summary & Conclusions from the IEA WEO 2009 abridged press version:
The financial crisis has halted the rise in global fossil-energy use, but its
long-term upward path will resume soon on current policies
-- Tackling climate change & enhancing energy security require a massive decarbonisation of the energy system
> We are now on course for a 6°C temperature rise & rising energy costs
> Limiting temperature rise to 2°C will require big emission reductions in all
regions
-- A 450 path towards ‘Green Growth’ would bring substantial benefits
> Avoiding the worst effects & costs of climate change
> Energy-security benefits, lower oil & gas imports & reduced energy bills
> Much less air pollution & huge health benefits
-- Natural gas can play a key role as a bridge to a cleaner energy future-- The challenge is enormous – but it can and must be met
> Improved energy efficiency & technology deployment are critical
> Each year of delay adds $500 bn to mitigation costs between today & 2030
By some strange coincidence, these happen to be PO mitigation methods as well.



Maddog78 wrote:davep wrote:Here's the Summary & Conclusions from the IEA WEO 2009 abridged press version:
The financial crisis has halted the rise in global fossil-energy use, but its
long-term upward path will resume soon on current policies
-- Tackling climate change & enhancing energy security require a massive decarbonisation of the energy system
> We are now on course for a 6°C temperature rise & rising energy costs
> Limiting temperature rise to 2°C will require big emission reductions in all
regions
-- A 450 path towards ‘Green Growth’ would bring substantial benefits
> Avoiding the worst effects & costs of climate change
> Energy-security benefits, lower oil & gas imports & reduced energy bills
> Much less air pollution & huge health benefits
-- Natural gas can play a key role as a bridge to a cleaner energy future-- The challenge is enormous – but it can and must be met
> Improved energy efficiency & technology deployment are critical
> Each year of delay adds $500 bn to mitigation costs between today & 2030
By some strange coincidence, these happen to be PO mitigation methods as well.







Maddog78 wrote:My point is very simply, I work in the n.g. industry so it's good news some people think n.g. can help us ease the power down.
A nearly purely selfish point, I admit.



kpeavey wrote:"Massive decarbonisation" is newspeak for "we out of oil, Baby."


mos6507 wrote:kpeavey wrote:"Massive decarbonisation" is newspeak for "we out of oil, Baby."
There is more than enough rationale to do these things on the climate end alone, if you take anything close to what Lovelock has to say seriously.
Or do you really have faith in "the market" and human nature to gently solve these problems?







davep wrote:There's nothing in there that hasn't already been discussed on this thread, but as you say, it's the MSM.


Jotapay wrote:I can't believe this. I've never seen Time cover a story this fast before, especially one that is so fringe as Peak Oil. This was no whistleblower. It was planned.


mos6507 wrote:davep wrote:There's nothing in there that hasn't already been discussed on this thread, but as you say, it's the MSM.
The doomer echo-chamber stuff you see on TOD, countercurrents, energybulletin, etc... only preach to the converted. When this stuff bubbles up into the MSM, it matters.
Of course, I thought Earth 2100, Incredible Journey of Crude, Home, etc... all mattered and how much impact did it have? But at the very least, it's more fodder for my "Look, man, I'm not really crazy" news clippings collection.


Jotapay wrote:I can't believe this. I've never seen Time cover a story this fast before, especially one that is so fringe as Peak Oil. This was no whistleblower. It was planned.



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