Peak Oil Review – May 21
A weekly review including:
-Oil and the Global Economy
-The EU Crisis
-Iran
-Quote of the Week
-Briefs
A weekly review including:
-Oil and the Global Economy
-The EU Crisis
-Iran
-Quote of the Week
-Briefs
If the world can be seen in a grain of sand, watch out. As Wisconsinites are learning, there’s money (and misery) in sand — and if you’ve got the right kind, an oil company may soon be at your doorstep.
It’s become common to see activists rejecting, often with quite a bit of heat, the suggestion that they might want to embrace in their own lives the changes they hope to get the rest of the world to adopt. In the twilight years of American empire, that’s a very convenient attitude, but it deprives peak oil and environmental activists of a tool that worked remarkably well the last time it was tried, and closes off avenues for shaping the future that might be better kept open.
A midweekly roundup of peak oil news, including:
-Developments this week
– Transition Town erobert Regensburg: „Die Stadt im Wandel“
– Die glücklichsten Menschen leben in Nordeuropa
– Überflutungen, extremes Wetter, verheerende Dürren (Club of Rome)
Power generation from coal is falling quickly. According to new figures from the U.S. Energy Information Administration, coal made up 36 percent of U.S. electricity in the first quarter of 2012 — down from 44.6 percent in the first quarter of 2011. That stunning drop, which represented almost a 20 percent decline in coal generation over the last year, was primarily due to low natural gas prices. As EIA explains, natural gas generation will climb steadily this year, while coal will see a double-digit drop by the end of 2012…
It’s not just that what we generally think of as free energy doesn’t occur in nature, but also that free energy does occur in the everyday lived environments of people in industrial nations, which we might thus say are unnatural. So what are instances of free energy that we experience in our lives, and why do they matter?
Tom uses simple, easy-to-understand math — yes, that four-letter word — to logically — I say quite logically — make the case that simply extrapolating past trends in energy and economic growth is not going to cut it. Instead, we face gigantic challenges and significant risks to our current model. Not least of which is, when asked what we will use when fossil fuels dwindle away, the most typical answer is I’m sure we will think of something. That is, our future of energy is a question mark right now.
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The EU at a crossroads
-China slowing
-IEA’s monthly report
-Quote of the week
-Briefs
Deepwater oil production will help reduce the decline in world oil production from aging fields. The IEA claims that four Saudi Arabias need to be discovered up to 2030 to replace the present decline in production (about 5 %/a). The deepwater ultimate is likely to represent less than half of Saudi Arabia’s oil ultimate. It is not enough!
-Americans would pay more for green energy
-Carbon capture leak simulated in sea off Scotland
-US claims ‘unprecedented’ success in test for new fuel source
A midweekly roundup of peak oil news, including:
-Developments this week