Insight and inspiration in turbulent times.
-Oil spill report: Initial analysis
-Disregard for safety led to Deepwater Horizon spill
-Panel Faults Oil Firms, Calls for Better Oversight
-National Oil Spill Commission Finds Right Problems, Issues Wrong Solutions
-Missed Opportunity: Spill Commission Rejected by Drillers
Kurt Cobb has just released a page-turner of a first novel titled Prelude, which uses a Grisham-esque tale of suspense and intrigue to educate the public about peak oil. Prelude’s main character is a young energy analyst who discovers a top-secret report shedding light on the true, precarious state of the world’s oil reserves….Allegorically named Cassie, she stands for all of the real-life Cassandras within the peak oil movement, who, like the Cassandra of Greek myth, are able to foresee disaster but so far seem cursed never to be believed.
Economist Paul Krugman almost addressed the Limits to Growth in his recent article “The Finite World”, but pulled back before reaching the brink of suggesting there may be physical limits to economic growth. A Nobel Prize may await whomever finds a workable model to prosper human welfare under conditions of depleting resources. Will economists solve this problem, or ordinary people who are learning to live better in The Finite World?
Robert Hirsch made waves as the 2005 author of what became known simply as the Hirsch Report, the first study funded by the US government on peak oil and its consequences. The experience of writing that report left him shaken at the consequences of peak oil. Now he says that in the next 2-5 years we’ll see world oil production permanently decline, a phenomenon “unlike anything faced by modern civilization.”
(audio interview about Hirsch’s new book)
How do ‘developing’ countries prioritise energy goals? How should they in the face of climate change? These countries, with per capita energy consumption and CO2 emissions which average one-sixth those of the ‘industrialised’ world, are not primarily responsible for climate deterioration, but on the other hand they are the most vulnerable to climate change impacts because, says the United Nations Framework Convention on Climate Change (UNFCCC) they have fewer resources to adapt – socially, technologically and financially.
For the majority of the populations in these countries climate change issue is not a priority concern compared with problems of poverty, natural resource management, energy and livelihood needs.
“…we don’t know when exactly the oil is going to start peaking and production is going to start running down, but…we don’t as a nation want to be putting ourselves in hock…to these sorts of markets…” So said UK Energy Minister Chris Huhne speaking on Radio 4’s Today Programme on Thursday. ODAC believes that this is the first time a UK energy minister has actually acknowledged peak oil as a factor driving policy. While the statement remains vague on timing, this is nonetheless a very welcome shift.
A year ago peak oil author Dave Cohen christened 2009 “A Year We Will Live To Regret.” But as it happens, 2010 has brought its own mother lode of discouragement, failure and tragedy. It began on the heels of the bungled climate change summit in Copenhagen, a major blackout in southern France and news of a disastrous crash in Yemen’s oil revenues. Before the year had rounded its halfway mark, it had presided over the Deepwater Horizon oil spill, the worst environmental disaster in U.S. history. And as if all this weren’t enough, 2010 also saw the sudden and unexpected death of one of the very icons of the peak oil movement, the revered Matthew R. Simmons.
America is beginning to look a lot like the dark “Pottersville” vision in Frank Capra’s “It’s a Wonderful Life”. Jimmy Stewart’s character George Bailey is shown a town where the middle class has been destroyed and lives in poverty under the thumb of evil Big Banker Henry Potter. Bailey’s heroic efforts to help the middle class saved Bedford Falls. America can help the middle class prepare for energy shortages with energy retrofit loans — or funnel billions to Potter-like promoters of Too Big to Fail energy projects. Where’s that angel Clarence when we need him most?
– WSJ: China’s Coal Crisis
– ‘Peak coal’ to see prices soar (audio)
– Should we be planning for the end of cheap coal?
– The Chinese Coal Monster – running out of puff
– The Atlantic: Dirty Coal, Clean Future
– Cleaning Up Coal
– Fridley, Heinberg discuss ‘peak coal’ in NATURE journal
So, last night CBS hauled Aubrey McClendon, CEO of Chesapeake Energy, on board their flagship Sunday infotainment vehicle, 60 Minutes… McClendon told the credulous Leslie Stahl and the huge viewing audience that America “has two Saudi Arabia’s of gas.” Now, you know immediately that at least half the viewers misconstrued this statement to mean that we have two Saudi Arabia’s of gasoline.
In The Maltese Falcon a character tells detective Sam Spade, “By Gad, sir, you’re a character, that you are! Yes, sir, there’s never any telling what you’ll do or say next, except that it’s bound to be something astonishing.”* I’m telling Bob Hirsch the same thing. There’s no denying the man’s considerable credentials within the energy industry, nor his contribution to peak oil scholarship as principal author of the first major U.S. government report to take the issue seriously. But neither is there any predicting what outlandish thing he’ll propose next in his efforts to spread the message.
Authors from three politically disparate think tanks—American Enterprise Institute, Brookings, and Breakthrough Institute— recently published a report on how to foster deployment of clean energy technology. Most worrying (though least surprising) is the authors’ belief that clean energy innovation breakthroughs can drive continued economic growth. Conservation is not something most environmental think-tanks or NGOs (not to mention the likes of American Enterprise Institute) want to discuss, but I dare say it will have a much bigger role in our energy future than "innovative, small-scale nuclear reactors."
