Oilwatch Monthly December 2009

…Conventional crude production – Latest figures from the Energy Information Administration (EIA) show that crude oil production including lease condensates increased by 261,000 b/d from August to September 2009, resulting in total production of crude oil including lease condensates of 72.59 million b/d…

Top Ten Sustainability Stories of the Decade

It’s the end of the decade 2000-2009, and there has been progress as well as potential disaster for sustainability. In chronological order, I’ve chosen these ten stories to show a range of relevant global and national issues and events on climate, business, government, media, design, technology, language and demographics.

Climate negotiations in Copenhagen and “Master Tailor”

The greatest mistake that they did before Copenhagen was to focus the spotlight only on climate. If the world situation is to develop in a positive way in the future then this one-lane track must be broadened into a four-lane highway. One only needs to examine the global welfare equation (HWB) to understand what those four lanes are: Food and water, climate, economy, and peace on Earth.

Oil price: where next? – and thoughts for 2010

In February this year, global oil production / demand hit an interim low of 84.0 million barrels per day (mmbpd) and the average price of West Texas Intermediate (WTI) that month was $39.16 / bbl. Since then, demand has recovered to 85.9 mmbpd in November and the average price was $78.08 / bbl. A rise in demand of 2.3% has led to an oil price rise of 99.4%.

No “hope” in Copenhagen? – Dec 18

-President Obama warns leaders over climate summit deal
-Obama’s Copenhagen Speech: Some Reactions
-Copenhagen climate summit: talks to go on overnight
-Copenhagen heading for meltdown as stalemate continues over emission cuts
-Obama as White Knight: Naked Ambition at COP15
-Better to have no deal at Copenhagen than one that spells catastrophe

Climate and Copenhagen countdown – Dec 17

-Shell’s promise of a bright future turns out to be yet another false dawn
-Dramatic American intervention brings climate deal closer
-Greenland Glaciers: Water Flowing Beneath Ice Plays More Complex Role
-Chimerica Against the World
-Clinton Promises Climate Aid; Leaked UN Report Sees 3 C of Warming

A Copenhagen Christmas Present from Naresh Giangrande

As many have now written, the Cop15 conference, which is focussed on creating a treaty that will prevent our climate from undergoing a systems state change and re-establishing itself in a new stable state that much less conductive to human survival, seems certain to fall far short of what is needed or fail completely.