Consumption & Demand

Freaked out by fracking – Jan 17

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-Shale gas: a provisional assessment of climate change and environmental impacts (report)
-Shale gas moratorium in UK urged by Tyndall Centre
-Warning over UK shale gas projects
-Opponents to Fracking Disclosure Take Big Money From Industry (NEW)

Commentary: On not jumping the gun

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I’m sure we all have our own pet scenarios, and many experts have excellent and credible reasons for believing one of those is more likely than others. I would argue that as a movement, however, peak-oil activists do better to focus on the common outcomes of high, low or fluctuating oil prices, than to try to predict which path energy prices will take. The end-results matter most.

ODAC Newsletter – Jan 14

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This week saw the release of the full report by the National Commission into the Deepwater Horizon Spill and Offshore Drilling. Last week’s pre-release of Chapter 4 saw blame for the disaster attributed to a culture of complacency around safety both in the industry and its regulators. This week’s full report included the commission’s recommendations…

El fin del Crecimiento

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La afirmación central de este libro es tan simple como sorprendente: El crecimiento económico tal como lo hemos conocido ha terminado. El “crecimiento” así como se ha venido llamando, consiste en la expansión permanente de la economía global, con cada vez más personas atendidas, más dinero cambiando de manos, y mayores cantidades de energía y bienes materiales fluyendo a través de ellas. [Spanish translation of an excerpt from Richard Heinberg’s new book with the working title ‘The End of Growth’ which is set for publication in July 2011.]

The globe’s limitations: How peak oil threatens economic growth

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In the second video in the series “Peak Oil and a Changing Climate” from The Nation and On The Earth productions, Richard Heinberg, senior fellow with the Post Carbon Institute, discusses how depleting oil supplies threaten the future of global economic growth. According to Heinberg, historically there has been a close correlation between increased energy consumption and economic growth. If the economy starts to recover after the financial crisis and there is an increased demand for oil but not enough supply to keep up with that demand, we may hit a ceiling on what the economy can do.

Wikileaks, Karl Marx and you

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Despite blanket media coverage of Wikileaks and Julian Assange, there has been little discussion of the fact that Assange is merely one leader within a large and complicated social movement, the “free culture movement.” The present situation was predicted by visionary hackers over thirty years ago, and they set out to ensure the victory of free culture over proprietary culture, open organisation over closed, and privacy over Big Brother.

Commentary: The Tierney-Simmons bet

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Five years ago, John Tierney, a columnist with The New York Times, and Matt Simmons, peak oil guru and founder of energy investment bank Simmons & Co., made a bet. Simmons argued that oil prices would be much higher in 2010. Tierney, a believer in human ingenuity and a follower of economist Julian Simon, took the other position. Simon, a so-called Cornucopian, argued that there would always be abundant supplies of energy and other natural resources and that the real price of commodities like oil would remain stable or decline over time.