Collapse is Already Here
Many people are expecting some degree of approaching collapse — be it economic, environmental and/or societal — thinking that they’ll recognize the danger signs in time.
Many people are expecting some degree of approaching collapse — be it economic, environmental and/or societal — thinking that they’ll recognize the danger signs in time.
Are investments in energy transition, especially for public dollars in the form of incentives or subsidies, worth it? Do investments in energy efficiency truly pay off, or does efficiency just make energy cheaper because we’re using less of it, encouraging customers to use more of it—a phenomenon known as the rebound effect, the backfire hypothesis, and the Jevons Paradox?
But in the swamps of the Atchafalaya Basin, roughly a million acres of bayous, lakes, and wetlands that span upwards from the Gulf of Mexico for 140 miles into Louisiana, there’s one thing that hasn’t responded as it should to the rising waters: construction of Energy Transfer’s Bayou Bridge pipeline.
As long as investors continued to plow money into U.S. shale oil companies, the industry seemed unstoppable. But with the flow of those funds all but stopped, has the U.S. shale oil industry entered a death spiral?
The use of heavily armed RCMP to enforce a court injunction and tear down an Indigenous blockade against TransCanada’s Coastal GasLink pipeline in northwestern British Columbia last week was part of a familiar pattern, say criminologists.
Why do civilizations collapse? It is a question that has been haunting the nebulous entity we call “The West” from the time when Edward Gibbon published his “Decline and Fall of the Roman Empire,” in 1776.
Climate action advocates have underestimated the strength and sophistication of decades-long fossil fuel-funded misinformation campaigns and need a coordinated set of strategies to fight back, say leading academics.
So what has changed to finally bring hydrogen to the forefront of global energy plans? Jenny Hayward, senior research scientist at CSIRO and co-author of its 2018 National Hydrogen Roadmap, says more favorable economics have played a significant part.
The climate data for 2018 is now mostly in, though the ongoing shutdown of the US government has caused some datasets to be delayed.
2018 was the year the oil and gas industry promised that its darling, the shale fracking revolution, would stop focusing on endless production and instead turn a profit for its investors. But as the year winds to a close, it’s clear that hasn’t happened.
The $6.2-billion Coastal GasLink pipeline may face a bigger threat than the opposition of Wet’suwet’en hereditary chiefs and protests across Canada.
But because shale drilling is relatively new, even the experts are left guessing about how much oil will be flowing from the wells 10, 20, or 30 years after fracking — and investors have become frustrated as shale drillers have largely failed to turn the corner and start racking up profits instead of continuing to operate in the red.