Peak oil notes – Jan 28
A midweek roundup of peak oil news, including:
-Prices and production
-Venezuela
A midweek roundup of peak oil news, including:
-Prices and production
-Venezuela
-Davos – Global Energy Outlook
-Davos 2010: a new peak in oil production is needed, energy leaders argue
-Conflicting views over ‘peak oil’
-UK Government Classifies Eco Activists as ‘Extremists’ Alongside Al Qaeda
-UK call for European CAP farming subsidies reform
-Moorlands and hills targeted to grow crops for biomass and biofuels
The plans to build the politically and environmentally controversial Nord Stream pipeline have been in the air since 1997. With Finland and Sweden finally saying “yes” to the pipeline in their waters, the wheels of construction are now in full speed with the first line to be opened in the 2011. This will bring relief to Europe that is struggling with energy supply–yet not everyone is a winner.
-Shell forced into oil sands U-turn
-IEA to Meet CFTC, OPEC, Banks on Curbing Speculation
-Clueless about oil prices
-Team of Rivals
Natural gas prices continue their recovery. Cold weather has caused high levels of space heating that have resulted in reduced gas storage inventories. Henry Hub spot prices have recovered from their September $2.18 low to an average price of $5.56/MMbtu in the week ending January 22, 2010 (Figure 1). The average daily spot price for 2009 was $3.95/MMbtu…
Frankly, when I first learned about peak oil, I was a bit freaked out. But after time, a little too much wine, a lot of research, and some productive action, I recovered, and went on to slowly change my attitude, expectations, and lifestyle to accommodate a radically different reality from the one I previously knew.
Richard Heinberg is an important figure in the world of those interested in the energy crisis and its consequences, and one of the rare few, along with James Kunstler, to have had their work at least partially translated into French…His latest book, Blackout: Coal, Climate and the Last Energy Crisis, is dedicated to coal, and has aroused considerable interest, and this all the more so because it highlights a problem which had previously only been mentioned in relatively confidential reports: the imminent depletion of coal reserves.
As economist Herman Daly once commented, he would accept the possibility of infinite growth in the economy on the day that one of his economist colleagues could demonstrate that Earth itself could grow at a commensurate rate.
-Past Peak Oil Travelling towards Transition
-Why Transition? Creating a Brighter Future
-The Future of our Food Supply
-‘Peak water’ could flush civilisation
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I went on a visit of the port site in Zeebrugge where the foundations for the Belwind offshore wind farm (the financing of which I worked on) have been stored before their installation and wanted to give you a glimpse of the kind of logistics that entails and what kind of problems can happen (and how they are solved).
It takes a long time to make big changes to society. I would argue that looking ahead 40 years, to 2050, is probably a wise thing to do for planning purposes.