Gail Tverberg

Thoughts on why energy use and CO2 emissions are rising as fast as GDP

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In a recent post, I discovered something rather alarming–the fact that in the last decade (2000 to 2010) both world energy consumption and the CO2 emissions from this energy consumption were rising as fast as GDP for the world as a whole. This relationship is especially strange, because prior to 2000, it appeared as though decoupling was taking place: GDP was growing more rapidly than energy use and CO2 emissions. And even after 2000, many countries continued to report decoupling.

Behind the Durban Blame Game

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Why did the Durban climate talks fail? Ultimately, the culprit is the near-universal pursuit of economic growth. All the major players want growth: the US, because it’s still pulling out of a recession; China, because it knows 10 percent annual growth can’t go on forever, but is trying to avoid a hard landing; Europe, which is trying to pull out of its sovereign debt spiral. The US and China, in particular, know that fossil fuels have given them growth in the past, and are especially reluctant to give them up now.

ODAC Newsletter – Dec 9

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OPEC head Abdullah El-Badri warned European leaders on Wednesday against imposing sanctions on Iranian oil, stating that the 865,000 barrels a day which goes mostly to Southern Europe would be difficult to replace. Global supply is already tight and oil prices remain stubbornly high despite the chronic Euro-crisis…

Everyone is a victim of inequality

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A book from England called “The Spirit Level: Why Greater Equality Makes Societies Stronger” helps explain what Occupy is about.

The book describes the effects of inequality that have been measured by years of research. The authors gathered all the research and came up with some surprises. What is particularly surprising is that it’s not just the poor who suffer from inequality — we’re all victims.

Climate – Dec 9

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– NYT’s Andrew Revkin: Naomi Klein’s Inconvenient Climate Conclusions
– Obama Will ‘Reject’ Attempt to Restart Keystone XL
– David Roberts: The brutal logic of climate change
– The 1 Percent and the Fate of the Earth

From the farm to the occupation

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This land will live again. It will live in America’s countryside, in her mountains and rivers, as well as in her cities. To me, that’s what the Occupy movement is all about—finding ways for all living things to thrive. And for those of us in the grassfed farming community, that’s what we’re all about too, even if we don’t all agree with protests.

ECONOMY: Ecological Economics

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Many people would agree that the central desirable end of economic activity is a high quality of life for this and future generations.  Conventional economists argue that humans are insatiable, and therefore economics should focus on endless economic growth and ever-increasing consumption.  Considerable evidence, however, suggests that humans are in fact satiable-there is a point beyond which increasing consumption does not make us better off.

Economics – Dec 8

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– Mandelbrot Beats Economics in Fathoming Markets
– OECD inequality report: countries across the developed world are getting less equal
– Financial Times prints bank proposals from Occupy Wall Street
– ‘Crowdfunding’ Legislation Would Allow Businesses And Start-Ups To Use Internet To Find Investors, Access More Capital
– The Other 99 Percent: How the US Compares

Biofuels and biomass – December 8

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-Biomass is the next biofuel ‘land grab’ on tropical forests, warn campaigners
-Climate Committee: Biomass has “no role” in electricity production without CCS
-CLIMATE CHANGE: Biofuels Are Not the Solution
-Navy’s Big Biofuel Bet: 450,000 Gallons at 4 Times the Price of Oil
-Aviation could switch to low-carbon fuel ‘sooner than thought’

A course to keep you from crashing

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Economists never told us the story of financial inequity. It took the Occupy movement to do that. And many economists still continue to tell us reassuring fairy tales about how economic growth must and will return.

So, who are you going to trust? Start with Chris Martenson, one of the lay financial analysts who did predict the banking collapse in fall 2008.