Peak oil notes – July 22
A midweekly roundup of peak oil news, including:
-Prices and production
-Deepwater Horizon
A midweekly roundup of peak oil news, including:
-Prices and production
-Deepwater Horizon
I’ve been musing on the interaction between a) an extended period of economic stagnation/contraction due to deleveraging, and b) peak oil.
What wildly underfunded climate solution can achieve all of these goals simultaneously:
The answer is a major effort to make roofs (and pavements) whiter and/or more reflective, which should be coupled with a major urban tree-planting effort.
And so we have it. At noon today (PST), we saw the predictable collapse of Democrat resolve to address the most serious crisis of our times…We can point fingers at Washington, DC, but we should be pointing them at ourselves.
Whether Beijing’s formula of mixed capitalism and state control of key enterprises will prove to be durable over the long run has yet to be seen. What we do know, however, is that a few more years of surging energy consumption will soon be playing havoc with energy prices around the world.
-The Impending Peak and Decline of Petroleum Production: an Underestimated Challenge for Conservation of Ecological Integrity
-How Much Does a Gallon of Gas Cost?
-Offshore Oil Drilling and Hurricane Risks
-BP’s Tony Hayward ‘set to step down’
Canada seems to be heading into authoritarianism and corruption which is similar to conditions in Nigeria, Saudi Arabia, and other countries in which extractive industries are leading centres of national cash flow, which props up industry and state regimes. (Some people describe those international trends as a “resource curse.”) Lobbying, revolving doors between industry and government, and oil subsidies are three of the sides of Canada’s petro-regime.
Models of transition in eastern Kentucky must simultaneously address a host of interrelated regional challenges in order to bring sustainable success. The region’s economy is under-developed, with extremely high poverty and unemployment rates; housing stock is inadequate and energy-inefficient; and rural electric cooperatives are more than 90 percent dependent on coal, increasing the vulnerability of their customers in the face of rising prices.
-Andrew Nikiforuk Is Tyee’s First Writer in Residence
-Unist’ot’en leadership takes to the streets to assert their rights and stop the Enbridge pipeline
-Powering up Canadian prosperity
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Deepwater Horizon
-Demand projections
-Briefs
-Quote of the week
Lloyd’s hired Chatham House to prepare a white paper on the risks of peak oil called Sustainable Energy Security: Strategic risks and opportunities for business. It seems to me that this new report gets quite a few things right, but it misleads in the direction of thinking things are better than they really are, when it comes to timing and alternatives.
-Fools’ Errand: Effort to Shut Down Gulf Well is Failing
-U.S. allows Gulf well to remain closed despite seep
-BP Caps Well: What Happens to Oil Spill Ravaged Gulf Coast Now?