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Discussions about Peak Oil and Our Future

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The midpoint of global
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Making Solar Power Portable
Hydrocarbon AlternativesLast year, when Jonathan Smith was still the president of Earth911.com, a Web site dedicated to recycling, he said he would often board a plane after a speaking engagement or a day of meetings with a dead cellphone in hand.

With limited recharging options available, “it was really frustrating,” he said. “Having access to a working port or finding an open plug during layovers at the airport was just too unpredictable.”

Posted by waegari on Tuesday, February 09 @ 05:10:37 PST (0 reads)
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Year of the Tiger, electric vehicles and wind power
Hydrocarbon AlternativesPerhaps the most worrying recent example of this is how China has been preparing for a forthcoming peak oil energy crisis. Whilst much of the rest of the world has been asleep, China has been doing the sums and getting ready to react.
Posted by waegari on Tuesday, February 09 @ 05:06:30 PST (8 reads)
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U.S. Oil Consumption Remains Weak
Consumption; Demand; PricesThe U.S. Energy Department's weekly inventory release showed a surprise climb in crude stockpiles, while distillate supplies posted a smaller-than-expected draw. The agency’s bearish report further added that refiners continued to cut production, and are currently operating at their lowest rate in two decades.

This has instilled renewed doubts about the health of the U.S. economy, and pulled down oil prices to a seven-week low of around $71 per barrel. The only saving grace came in the form of gasoline supplies, which defied market expectations and fell from the week-ago period.

Posted by Leanan on Monday, February 08 @ 22:53:56 PST (168 reads)
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UK: The government has the power, it could make us all pay into a green bank
Public Policy; Political and Legal NewsOne thing Lord Browne knew better than most was that the energy world is all about power, not money. Sadly, this fact only just seems to have caught up with a British political establishment that thought open markets were all that was necessary. Last week's bombshell from energy regulator Ofgem calling for an end to the UK's liberalised market experiment is still reverberating around Westminster.
Posted by Leanan on Monday, February 08 @ 22:50:18 PST (78 reads)
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UK: Meaner politics is in the gas pipeline
Public Policy; Political and Legal NewsSome commentators believe Ofgem was off target with its diagnosis of the perils faced by the UK energy market in its Project Discovery document.

Possibly, but the regulator seems rather more prescient than its detractors, given the news that Gazprom, and its joint venture partners, are mothballing the enormous Shtokman gas field under the Barents Sea.

Posted by Leanan on Monday, February 08 @ 22:31:41 PST (71 reads)
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U.N. Climate Panel and Chief Face Credibility Siege
Enviromental Headlines; Climate ChangeJust over two years ago, Rajendra K. Pachauri seemed destined for a scientist’s version of sainthood: A vegetarian economist-engineer who leads the United Nations’ climate change panel, he accepted the 2007 Nobel Peace Prize on behalf of the panel, sharing the honor with former Vice President Al Gore.

But Dr. Pachauri and the Intergovernmental Panel on Climate Change are now under intense scrutiny, facing accusations of scientific sloppiness and potential financial conflicts of interest from climate skeptics, right-leaning politicians and even some mainstream scientists. Senator John Barrasso, a Wyoming Republican, called for Dr. Pachauri’s resignation last week.

Posted by Leanan on Monday, February 08 @ 22:04:50 PST (167 reads)
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Iran Tankers Idle in Persian Gulf
Production; Extraction; ExplorationIran, OPEC’s second-largest crude producer, has at least three supertankers idling in the Persian Gulf, as oil prices decline five weeks before the group’s next meeting, vessel-tracking data show.

Posted by admin on Monday, February 08 @ 17:48:20 PST (151 reads)
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Chavez declares "electricity emergency" in Venezuela
Public Policy; Political and Legal NewsCARACAS (Reuters) - President Hugo Chavez inaugurated a folksy new radio talk-show on Monday by declaring an "electricity emergency" in oil-rich Venezuela.

Despite its huge crude reserves, the South American OPEC member relies on hydro-electricity for 70 percent of its power needs, and a drought has hit supply since late 2009.

Posted by Leanan on Monday, February 08 @ 17:33:31 PST (127 reads)
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It's Official: The Oil Export Crisis Has Arrived
Consumption; Demand; PricesLast March, my study of the effect of peak oil on U.S. imports had brought Mexico to the fore (“The Impending Oil Export Crisis”). As our #3 source of imports, the crashing of its supergiant Cantarell field had put the future of our oil supply into serious jeopardy.

The possibility that Mexico’s oil and gas exports to the U.S. could go to zero within seven years looked very real.

Posted by Leanan on Monday, February 08 @ 16:37:29 PST (403 reads)
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Urban growth, farm exports drive tropical deforestation
Enviromental Headlines; Climate Changevox_mundi writes "

Under December's Copenhagen Accord, rich countries are pledging some 10 billion dollars over the next three years to help poor countries tackle climate change.

A big but so far unspecified chunk of the cash will go on programmes to prevent loss of tropical forests, which is a major source of greenhouse gases "

Posted by Leanan on Monday, February 08 @ 16:14:46 PST (240 reads)
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Who Will Win The Race For Jobs In Renewable Energy?
Public Policy; Political and Legal NewsGraeme writes "

When it comes to renewable energy innovation and equipment manufacturing, China is challenging the West, and the outcome will decide where millions of jobs go in the future.

As The New York Times reported recently, "China vaulted past competitors in Denmark, Germany, Spain, and the United States last year to become the world's largest maker of wind turbines, and is poised to expand even further this year. China has also leapfrogged the West in the last two years to emerge as the world's largest manufacturer of solar panels. ... These efforts to dominate renewable energy technologies raise the prospect that the West may someday trade its dependence on oil from the Mideast for a reliance on solar panels, wind turbines, and other gear manufactured in China." "

Posted by Leanan on Monday, February 08 @ 16:11:50 PST (98 reads)
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New federal climate change agency forming
Public Policy; Political and Legal NewsGraeme writes "

The Obama administration is forming a new agency to study and report on the changing climate.

Also known as global warming, climate change has drawn widespread concern in recent years as temperatures around the world rise, threatening to harm crops, spread disease, increase sea levels, change storm and drought patterns and cause polar melting. "

Posted by Leanan on Monday, February 08 @ 16:09:13 PST (87 reads)
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Delusions of Finance: Where We are Headed
Business News; Market Researchprofgoose writes "

Back in October, I participated in the 2nd International Biophysical Economics Conference at SUNY-ESF in Syracuse, New York. Charlie Hall had written to me, inviting me to come and give a talk. Specifically, he wanted me to go back to my post from January 2008 called Peak Oil and the Financial Markets: A Forecast for 2008 and explain why my forecasts had turned out pretty close to correct, while many others widely missed the mark. The title he suggested for the talk was Delusions of Finance. "

Posted by Leanan on Monday, February 08 @ 16:05:46 PST (180 reads)
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Seven States of Energy Debt
Public Policy; Political and Legal News...I’ve identified seven large US states by four criteria that are sure to cause trouble for Washington’s political class at least for the next 3 years, through the 2012 elections. These are states with big populations, very high rates of unemployment, and which have already had to borrow big to pay unemployment claims. In addition, as a kind of Gregor.us kicker, I’ve thrown in a fourth criteria to identify those states that are large net importers of energy. Because the step change to higher energy prices played, and continues to play, such a large role in the developed world’s financial crisis it’s instructive to identify those US states that will struggle for years against the rising tide of higher energy costs.
Posted by Leanan on Monday, February 08 @ 08:16:18 PST (392 reads)
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Kunstler: We're Weimar
Public Policy; Political and Legal NewsFuture historians who try to chart the unraveling of the USA's political tapestry might point to two events of the past week. The obvious first one was the Tea Party convention at Nashville. It was held not accidentally at the ridiculous Opryland Hotel and resort in the city's outer suburban asteroid belt, right next to the circumferential freeway, and next door to the defunct (1997) Opryland USA theme park, an attraction based on the cute idea that Tennessee rubes were too dumb to spell the word opera -- so the symbolism was perfect.
Posted by Leanan on Monday, February 08 @ 06:53:07 PST (620 reads)
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Old Articles
Monday, February 08
· Matt Simmons - At Risk: The Sustainability Of Oil And Gas
· Rosneft retained world's biggest reserves in 2009
· China's CNOOC emerges from shadows, eyes big deal
· Does peak demand = peak supply?
· Bright future for biodiesel in Indonesia
· Addressing the food versus fuel debate in Ghana
· Argentinian Oil Production Continues to Fall
· In Utah, Company Aims to Store Energy in Air
Sunday, February 07
· NIF Moves 5.9 Million Degrees Closer To Fusion Power
· China plans more LNG imports
· BP faces investor revolt over Canadian oil sands project
· N.Z. Refining’s Full-Year Margin Lowest in Six Years
· Kurt Cobb: Characterizing the incalculable
· Rob Hopkins: Getting over oil, one town at a time
· 2 Dead, 250 Hurt in Conn. Explosion
· Electric Cars Powered Up for Test Drive in Israel
· Saudi Arabia opens to outsiders as it looks to the future
· 'Massive glut' blamed for holding back oil prices
· Branson warns that oil crunch is coming within five years
· Why Natural Gas Vehicles Won't Decrease Oil Dependence

Older Articles
 
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