Arthur Berman: “BRICS+, Strategic Petroleum Reserve & Metaphysics”
On this episode, Art Berman returns to give a broad update on the state of global oil – from BRICS+ and shale oil to the Strategic Petroleum Reserve and oil investment.
On this episode, Art Berman returns to give a broad update on the state of global oil – from BRICS+ and shale oil to the Strategic Petroleum Reserve and oil investment.
The pressure to hold miners and governments accountable for the entire field of known risks and externalized costs will certainly encounter resistance. But it will also increase operating costs and reduce the bottom line. At some point, the ongoing destruction undermines the social license of the industry and raises the cost of financing.
The climate crisis and the transition offer an opportunity to reshape our political landscape away from militaristic, colonial and neoliberal paradigms.
Tripling the private jet capacity of Hanscom field would be the equivalent of blowing off a ‘carbon bomb’ of emissions to enable a handful of multi-millionaires and billionaires to jet to Aspen, West Palm Beach, Jackson Hole, and New England coastal islands.
On this episode, financial analyst Luke Gromen joins Nate to discuss how the availability of cheap energy has underpinned our current financial architecture and expectations – and what peak cheap oil implies for the future.
Policymakers in countries where heat pumps are still in their infancy do not have to start from scratch, but can learn from – and build on – the heat-pump success story in Norway, Finland and Sweden.
The fossil fuel era led to widespread dependence on greenhouse gas producing nonrenewable energy sources. The emerging clean energy era is leading to widespread dependence on vast new supplies of nonrenewable metals
The water issues surrounding copper and lithium are daunting and may seem shocking (and dangerous) to tolerate. New mines will exacerbate existing water scarcity. Yet at some point (not yet) every EV battery that hits the road will not only reduce our reliance on oil but will save substantial amounts of water. The question is, do we have sufficient supply to complete this transition at all?
Time to prioritize solving critical problems again, before destruction of the Earth systems we depend on triggers civilizational collapse, and humanity’s brief jaunts into space become a barely-remembered memory or even just a myth.
In a shock announcement, UK prime minister Rishi Sunak revealed earlier this week plans to abandon or delay core parts of his government’s climate strategy.
Just a single proposed terminal that I talk about in the New Yorker piece—the so-called CP2 LNG plant proposed for Cameron Parish, Louisiana—would over its lifetime be associated with twenty times the greenhouse gas emissions of the huge Willow oil complex that Biden controversially approved earlier this year.
I do think it’s necessary to control Big Oil, and to stop governments subsidising fossil fuels, and given the sheer scale and influence of the oil companies I’m not sure what we’re going to have to do make that happen.