CERA says peak oil theory is faulty

In contrast to [peak oil theory], a new analysis by Cambridge Energy Research Associates (CERA) finds that the remaining global oil resource base is actually 3.74 trillion barrels — three times as large as the 1.2 trillion barrels estimated by the theory’s proponents — and that the “peak oil” argument is based on faulty analysis which could, if accepted, distort critical policy and investment decisions and cloud the debate over the energy future.

U.S. energy policy – Nov 14

Ex-CIA chief: ‘Oil dependence threatens US, Israel’ /
Ex-energy secty sees rise in oil prices /
Oil revenues fuel resistance to U.S. /
Bill allowing more drilling along coasts appears dead /
Environment, global warming seen as factors in ’08 elections

Climate policy – Nov 14

Australia PM Howard, Bush’s only big ally on global warming, shifts stand /
Australian drought: goin’ under /
Direct-action protesters in the U.K. /
French PM proposes taxing states that shun Kyoto /
Sweden tops climate change efforts, U.S. near bottom

Climate debate – Nov 14

Viscount Monckton: Climate chaos? Don’t believe it /
Monbiot: Believe it! /
RealClimate: Cuckoo science

Energy secretary on the future of oil and the need for alternatives

If we look two or three or four decades into the future, we know that hydrocarbons alone will not meet the needs of a growing world economy. Even with all the technical expertise the world could offer and all the political will it could muster, eventually, we will run out of oil. And, even before then, the price of a dwindling supply will be prohibitive. At present, our world is overly focused on, and overly dependent upon, one source of energy. And that path is unsustainable.

Post-election compromise, or a tin ear in Detroit?

A voice for change echoes across the land. Energy policy even earned more than lip service in many races. Yet the ink on the e-vote tally wasn’t even dry when Detroit’s own Rep. John Dingell (D-MI), ranking member in line to chair the House Energy and Commerce Committee, declared that he wouldn’t raise fuel-efficiency standards for U.S. automobiles. …This is nuts.