Year: 2011

Brent-WTI spread

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Colin Barr at Fortune Magazine has some interesting discussion of the WTI-Brent spread (this is the difference in prices between the basic spot price of West Texas blend oil in Cushing Oklahoma, and the price of the Brent contract in Europe). “How do you get $4 gas when oil is just $85? The answer starts with some unprecedented behavior in global oil markets, where the benchmark European oil standard, known as Brent crude, is trading at a $20-a-barrel premium to the U.S. benchmark, the West Texas Intermediate futures contract that trades on Nymex. The two typically trade within a few dollars of one another.”

Bill McKibben: Climate change is our most urgent challenge

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Bill McKibben, author and founder of the international environmental organization 350.org, says that without a global campaign to curb climate change, the ecological devastation of our warming climate will make our planet uninhabitable. His appeal to citizens and policy-makers, the seventh video in the series “Peak Oil and a Changing Climate” from The Nation and On The Earth Productions, is a call to action as much as it is a sobering account of the damage we’re already doing to our environment.

The orgacity of hope

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One of the questions I encounter most frequently is how the vision for a sustainable society we are developing in the market town of Stroud might be applied to the cities where most of the world’s population now live. This is a troublesome question for me, because I have never enjoyed the city, with its concrete and anonymity, but from an ecological perspective no question is more important.

Unrest spreadin’ all over the world?

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-Is Wisconsin Our Egypt? 15,000 Protest Off-the-Wall Right-Wing Governor’s Policies
-Unrest Spreads, Some Violently, in Middle East
-Revolution on the Nile: Lessons for Africa
-Oil rises to $104 a barrel amid Middle East tensions
-A New Sense of Populist Empowerment Grips the Middle East
-Bahrain: why it matters to Saudi Arabia

Riches-to-rags – Our fashionable stories of stuff

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Sometimes l think about the clothes I used to own and it shocks me that I remember my wardrobe more intimately, more joyfully than I remember my friends of that time. The question I ask myself now is: is this because we were damned, fallen angels trapped in the colourful lures of the material world, or is it because our relationship with matter, with the fabric of the earth, has never been truly celebrated or understood? Or is it that our letting go of Stuff, our powerdown, has become the most urgent and most interesting story of our times?

Energy: What really matters

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Current discussions of renewable energy resources often fixate on finding replacements for the highly concentrated fossil fuels and abundant electricity that plays so large a role in contemporary lifestyles in the industrial world. The forms of energy that are actually required to maintain a comfortable human life, by contrast, are food and relatively diffuse heat for cooking, water heating and space heating, and these latter are much easier for individuals to provide for themselves using renewable resources. Moving away from dependence on concentrated energy, however, requires certain adjustments — one of which involves facility with a caulk gun.