Consumption & Demand

Ants, angels and armor: further conversations on human nature

by

“We’re the ants patiently carrying sand a grain at a time from under the castle wall. We work from the bottom up. The knights up there don’t see the ants and don’t know what we’re doing. They’ll figure it out only when the wall begins to fall. It takes time and quiet persistence. Always remember this: They fight with money and we resist with time, and they’re going to run out of money before we run out of time”

(Discussion with “Peak Shrink” Kathy McMahon, “Ecological Footprint” originator Bill Rees and Rex Weyler, co-founder of Greenpeace International.)

ODAC Newsletter – Dec 16

by

The big oil news this week was that OPEC came to an agreement – albeit a bit of a fudge– showing something of a recovery from June’s “worst meeting ever”. Last time around the group failed to agree new quotas and was upstaged two weeks later by the IEA releasing strategic reserves to offset loss of production from Libya.

As economic growth fails how do we live? Part I: The four horsemen of the economic apocalypse

by

As The Big Engine That Couldn’t has faltered for several years, it is becoming increasingly clear the economy is running off the tracks. Both investors and the public are beginning to realize the long-revered goal of endless economic growth is failing. Anger and fear are widespread, as the livelihoods and hopes of ordinary Americans are being destroyed. Anger runs among the “99%” over economic injustices that favor the “1%”. Fear, however, may run among 100% over this question: How do we live when economic growth fails?

A psychological carbon tax

by

There’s plenty of understanding that efficiency measures can sometimes (often) fail if they fall victim to Jevon’s Paradox. The common response is that we need to couple efficiency measures with a carbon tax or similar policy that give people both the means and the incentive to decrease energy consumption. But let’s look at the underlying goal of a carbon tax: to change behavior. How does it change behavior? By penalizing undesirable behavior (financially). The downside to a carbon tax is that it requires overcoming many political hurdles that don’t seem likely to be overcome anytime soon. What are the alternatives?

The Bakken boom — A modern day gold rush

by

While the Bakken boom offers a hopeful story in which American ingenuity and nature’s endless bounty emancipate us from energy oppression and dependence on evil and oppressive foreign dictators, musings of energy independence are premature, misguided and misleading. The problem with the Bakken story as told by Crooks and others is that it lacks historical context. Referring to recent developments as an energy revolution implies that there are no lessons to be learned from history. But as Mark Twain put it, “history doesn’t repeat itself, but it does rhyme.”

Father Christmas, homesteader

by

The whole story, of course, made more sense when it was gaining popularity in the 19th and early 20th centuries; most children were familiar with sleighs or lumps of coal, and hung their stockings by the chimney anyway, to dry. The oranges we received in our stockings were meaningless to us in the 1970s but precious to our forebears; they were from exotic lands. In “A Visit From St. Nicholas,” Mama was in her kerchief and I in my cap because the houses were cold. Children a century ago would not have found such details cryptic, any more than they would stables and mangers.

World Petroleum Congress in Doha, Qatar – ExxonMobil: ‘Technology to beat Peak Oil’ and Total pulls itself into line

by

Before the World Petroleum Congress in Doha, Qatar the newspaper Gulf Times wrote in an article that, “A highlight is the keynote speech that will be delivered by Total’s President and CEO, Christophe de Margerie on the theme: “Peak oil – ahead of us or behind us?” on December 7”. The fact that Peak Oil is the theme for one of the seven main presentations at the congress shows that Peak Oil is now an important topic of discussion in the international and national oil industries. Earlier, Total had indicated that they believed Peak Oil could occur before 2030 so it was with some suspense that we awaited the message from Total and their managing director de Margarie.

Behind the Durban Blame Game

by

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.

Radio China International and 20th World Petroleum Congress in Doha, Qatar

by

Yesterday I received an email and a telephone call from Radio China International. They inquired if I would be willing to answer a few questions on the occasion of the 20th World Petroleum Congress in Doha, Qatar. Every third year the world’s oil producers gather for a large congress. For the first time they have now gathered in the Middle East. The interview with Radio China International has now been completed and it is interesting to look at the questions that they wanted to discuss…They sent me written copies of the questions that they wanted to discuss so let’s look at what worries and interests China.