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Dennis Meadows: The Limits To Growth

Dennis Meadows: The Limits To Growth thumbnail

Fifty years ago, an international team of researchers was commissioned by the Club of Rome to build a computer simulation of exponential economic and population growth on a finite planet. In 1971, its findings were first released in Moscow and Rio de Janeiro, and later published in 1972 under the title The Limits To Growth. […]

Apocalyptic Thinking Is Wrong


“Let’s not teach our children that apocalyptic thinking is right thinking,” says Laurence Siegel. Apocalypticism “has always been wrong as a forecast, and it will continue to be wrong.” Siegel is a business consultant and the director of research at the CFA Institute Research Foundation. In Fewer, Richer, Greener, he argues convincingly that humanity has […]

Food for Stuff: 21st Century Land Use


According to projections by the UN, the global population could surpass 9 billion by 2050. That’s a whole lot of mouths to feed. Now, with about 7 billion people on earth, 800 million remain undernourished and a staggering 2 billion suffer from micronutrient deficiencies. Simultaneously, global wealth per capita is increasing, fueling higher demand for meat, […]

Could Low Energy Growth Lead To A Recession?

Could Low Energy Growth Lead To A Recession? thumbnail

Many people have the impression that recessions come from financial missteps, such as the US subprime loan fiasco. If energy is involved at all, the problem comes from high oil prices as supply becomes inadequate to meet demand. The real situation is different. We already seem to be on the road toward a new crisis; […]

Our Final Exam in Madrid

Our Final Exam in Madrid thumbnail

“Why are we hauling giant container shiploads of Christmas decorations from Vietnam to England? Don’t the English know how to make decorations?“ Greta Thunberg, after image by Adam Ferris At this writing, negotiators struggle to get the most out of a relatively ambition-free meeting of the parties to the UN’s Paris Agreement. They’ll burn the […]

Are We In Peak Oil Demand?


Estimates are widely varied, so how can we even begin to answer this important question? No one seems to agree just exactly when POD (peak oil demand) will occur. Let’s look at some of the projections by major institutions in this regard. This is just a sampling to indicate the wide discrepancy in views. OPEC […]

Shale Has Delinked US Oil and Gas Prices


The relationship between crude oil (WTI) and natural gas (Henry Hub) prices has long been an essential one. These two sources of energy are intrinsically linked, and together supply over 60 percent of U.S. and global energy. Especially over the past decade, oil and gas are being produced by the same companies. Even the oil […]

There’s No Tomorrow


A very entertaining and informative animated film about peak oil and energy. A Film by Dermot O’Connor. “The inspiration for the film: in November 2004, on the night of the final Bush/Kerry debate, Professor David Goodstein, Professor of Physics and Applied Physics at Caltech, gave a public lecture on the subject of Peak Oil and […]

Oil Prices Advance on Iraq Revelation


West Texas Intermediate (WTI) and Brent crude oil prices posted solid gains Wednesday on reports that OPEC member Iraq wants the cartel to raise existing production cuts. “Petroleum markets continue to move back-and-forth remaining in their congestion ranges based upon the latest ‘news of the day,’ whether it be about the U.S.-China trade issues or […]

Will OPEC Really Risk An Oil Price Crash?


The Organization of the Petroleum Exporting Countries and non-OPEC partners led by Russia, are now nearly two years into their production agreement and are expected to roll-over the accord through the end of June 2020 in order to stabilize crude markets and prices. Their goal has so far been elusive amid faltering demand growth and […]

Russia Opens Giant Gas Link to China


The world’s biggest natural gas exporter and one of the globe’s top consumers of the fuel cemented their energy cooperation on Monday with the launch of Russia’s giant Power of Siberia pipeline to northern China. Gas started flowing toward China through the link, which has become a symbol of President Vladimir Putin’s pivot to the […]

This Is What the Future of Food Looks Like


It’s the year 2050. With a swelling global population and once-abundant resources that are no longer available on the planet, what’s on your plate and lunchboxes is no longer the same. The 2019 you would have never recognised it all. Using technology to plug gaps that exist in the food system, trends spread faster than […]

Why Oil Demand Won’t Follow Coal’s Death Spiral


After a steady rise that lasted nearly 50 years, U.S. coal consumption peaked about a decade ago. Since the peak in 2007, coal consumption in the U.S. has fallen an astounding 44%. US Coal Consumption 1949 to 2019 Robert Rapier There are two primary reasons behind coal’s death spiral. Both were aided by legislation aimed […]

What Can We Learn From Peak Whale Oil?


The energy industry is based on what was once thought of as an inexhaustible natural resource, but over-exploitation and a growing reliance on oil has made extraction more and more costly and difficult as previously abundant areas have run dry. What’s more, in the areas where this natural resource has been depleted, what’s left behind […]

Rethinking Malthus

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Of history’s great thinkers, the one most relevant to farmers and ranchers is probably the English demographer Thomas Robert Malthus. He’s famous for doubting that farmers could increase food production fast enough to feed a rapidly rising population. He thought the resulting food shortages would beget famines, diseases and wars, which would eventually reduce population […]

The End of Babies

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In the fall of 2015, a rash of posters appeared around Copenhagen. One, in pink letters laid over an image of chicken eggs, asked, “Have you counted your eggs today?” A second — a blue-tinted close-up of human sperm — inquired, “Do they swim too slow?” The posters, part of a campaign funded by the […]

The Future of Food Security


Professor Susanna Hecht (Professor of International History and Associate Faculty at the CIES) and Professor Tim Swanson (Professor of International Economics and Academic Co-Director at the CIES) started the discussion by highlighting how the current food system affects ecosystems and biodiversity. Addressing the challenge of food security will necessarily imply changing how we produce and […]

The Ramifications of Global Oil Demand Hitting a Plateau


Global oil demand will hit a plateau around 2030 as the use of more efficient cars and electric vehicles ends an expansion that dominated the past century, the International Energy Agency predicts. The prospect of “peak demand” has spread in the oil industry in recent years as countries seek to avert catastrophic climate change by […]

How big a problem is idling?

How big a problem is idling? thumbnail

Idling your car — at home, in a drive-thru line, at a red light — is environmentally harmful, and also largely unnecessary. How bad is idling? When a gasoline-powered vehicle is idling, it is in its least efficient mode. It’s doing nothing but sitting there, burning fuel and sending emissions into the atmosphere. Natural Resources […]

Mist Showers: Sustainable Decadence?

Mist Showers: Sustainable Decadence? thumbnail

The daily shower would be hard to sustain in a world without fossil fuels. The mist shower, a satisfying but forgotten technology which uses very little water and energy, could be a solution. Designer Jonas Görgen developed a do-it-yourself kit to convert almost any shower into a mist shower and sent me one to try […]

OPEC Braces For Drastic Drop In Oil Demand


OPEC admitted that demand for its oil over the next few years could be drastically weaker than it previously thought, due to a combination of a weakening economy, rising supply elsewhere, and pressure from climate activists. In its World Oil Outlook, OPEC said that demand for its oil may only reach 32.8 million barrels per […]

Is China Facing A Natural Gas Crisis?


1. China’s gas needs growing – China’s consumption of natural gas is rising faster than its production, with the gap met by rising volumes of imports. In 2018, imports accounted for 45 percent of China’s gas supply, up from 10 percent in 2010, according to the EIA. – China has tried to scale up shale […]

The first map of America’s food supply chain is mind-boggling

The first map of America’s food supply chain is mind-boggling thumbnail

My team at the University of Illinois just developed the first high-resolution map of the U.S. food supply chain. Our map is a comprehensive snapshot of all food flows between counties in the U.S.—grains, fruits and vegetables, animal feed, and processed food items. To build the map, we brought together information from eight databases, including the Freight […]

The oil age is coming to a close


The oil industry faces an uncertain future. The world is rapidly waking up to the severity and immediacy of the threat from climate change. At the same time, electric vehicles are getting cheap enough to compete with internal-combustion engines. Bloomberg New Energy Finance expects electrics to begin taking over in about a decade: Meanwhile, concerns […]

Megadam: ‘Obsolete Technology’ Wreaks Havoc across the Americas

Megadam: ‘Obsolete Technology’ Wreaks Havoc across the Americas thumbnail

It’s a technology that’s been all but abandoned in wealthy countries, where costs began outpacing benefits decades ago. Yet a global boom in major dam construction, mainly in developing countries, is currently underway, with an estimated 3,700 now under construction or in the planning stages. Latin America is ground zero for much of this development, with nearly 400 […]

The Myth That People Work Harder Under Capitalism

The Myth That People Work Harder Under Capitalism thumbnail

In the not so distant past, people didn’t work hard, but not for the reasons the ahistorical or socialists think. There were no happy peasants laboring a few hours in the fields and spending the rest of the day in leisure. They were starving and had no energy to work hard. Far from an idyllic […]

Venezuela’s Water System is Collapsing

Venezuela’s Water System is Collapsing thumbnail

Fetching water from a mountainside in the Venezuelan capital Caracas.CreditCreditMeridith Kohut for The New York Times By Anatoly Kurmanaev and Isayen Herrera Oct. 19, 2019, 10:13 a.m. ET     The brick shack on the outskirts of Venezuela’s capital is crowded with tubs, jugs and buckets. The water they hold must last the family of […]

The Mythology of Overconsumption

The Mythology of Overconsumption thumbnail

As a species, our lives have been made better throughout the ages because we have consistently consumed more. If we were to reverse our consumption habits, which is not possible, humankind would not flourish. Life would not get better for anyone if we suddenly consumed less. Nor should we expect the ecology to be magically […]

How do we feed the world without destroying the planet?

How do we feed the world without destroying the planet? thumbnail

Hunger is the most awful and profound expression of poverty. It exists in every country. It is something that most people can identify with on some perhaps primordial level. The fear of hunger is etched into our DNA, passed down the generations from hungry, scared ancestors. It is in our bones. It is in my […]

IEA Cuts Oil Demand Forecast as Economy Eclipses Saudi Attack

IEA Cuts Oil Demand Forecast as Economy Eclipses Saudi Attack thumbnail

The International Energy Agency cut forecasts for growth in global oil demand, noting that fears of an economic slowdown are overshadowing the loss of supply during last month’s attack on Saudi Arabia. The strike on the kingdom’s production facilities caused the biggest disruption in modern history, halting about 6% of world oil supply, the agency […]

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Big Money Still Loves Oil & Gas The returns of oil and gas projects are still highly competitive and plenty of capital is still flowing. #oilgas #oilindustry #peakoil #oil #energy #oilandgas #FridayThoughts #RopeSoapNDope…

test Twitter Media - Big Money Still Loves Oil & Gas

The returns of oil and gas projects are still highly competitive and plenty of capital is still flowing.
#oilgas #oilindustry #peakoil #oil #energy #oilandgas #FridayThoughts #RopeSoapNDope

@business Still trying to sell this old intox to the market...#peakoil

@business Interesting predicting indeed on the #peakoil and those economies who have already made the transition to alternative renewable energy sources are assured of less impact from the accelerated "descent" in the supply of oil to the world.

$WTIC $UWT $ERY A successful test of $42.50 would present a compelling LT opportunity, imo. #PeakOil

test Twitter Media - $WTIC  $UWT   $ERY

A successful test of $42.50 would present a compelling LT opportunity, imo.