Insight and inspiration in turbulent times.
-Busting the carbon and cost myths of Germany’s nuclear exit
-The truth about Germany’s nuclear phase-out
-Germany sets new solar power record, institute says
-Germany Stalled on the Expressway to a Green Future
G8 leaders meeting last weekend in Camp David will have been cheered by the recent slide in oil prices – albeit that the weakening in price is largely a consequence of the increasingly dire economic news. Nevertheless the group issued a statement to the effect that should the price start heading back in the other direction they will be calling on the IEA to take action…
A midweekly roundup of peak oil news, including:
-Developments this week
-Busting the carbon and cost myths of Germany’s nuclear exit
-The energy transition juggernaut
-Clean energy as culture war
-Government backtracks on fracking
-Investor’s concerns lead to calls for fracking changes
-Fracking In New York: For Farmers, Gas Drilling Could Mean Salvation– Or Ruin
-Read Chapter 2 “Peak Oil” in Peeking at Peak Oil
-Prepare to celebrate OPEC’s demise
-U.K. Climate Plan Set To Curb Impact Of Oil Shocks, Report Shows
One fact ought to tell you all you need to know about the risks faced by homeowners signing leases for natural gas drilling on their property: Wells Fargo & Company, both the largest home mortgage lender in the United States and a major lender to the country’s second largest producer of natural gas, Chesapeake Energy Corp., refuses to make home loans for properties encumbered with natural gas drilling leases.
It feels as though we now have the first informed American report on the oil issue. One is struck by how well they describe the problem that ASPO and my research group have attempted to raise awareness of during the last 10 years. That this group of Americans perceive reality in a different way than is common in the USA is presumably because they are diplomats who have been outside the USA’s borders and have studied their nation from a different perspective.
My role in Transition started in 2005 when a friend and myself started showing some films about peak oil, about the idea that we are reaching the end of an age of cheap energy and all that that has made possible. We’re entering a time of increasingly volatile energy prices and that what we need to do with focus, determination, optimism and a sense of possibility is design the way that we’re going to get away from that.
When we started, I was imagined it was an environmental thing. More and more I see it as a cultural thing. [Transcription of a TEDx Talk]
The prospect of weaker oil demand in the face of the Euro crisis was balanced this week by warnings from the IEA and Saudi Arabia. Sadad al-Husseini, the former head of Exploration and Production at Saudi Aramco, wrote that “$100 for Brent is quite a correction and it will be a challenge to sustain such a low price beyond the short term”…
– Can we please just declare the end of ‘peak oil’ and start worrying about something important?
– The U.S. Has A Lot Of Shale Oil, So What?
– Chevron VP: Technology can unlock new fields, curb fears of peak oil
– The Biggest Threat to High Oil Prices
– Amory Lovins: A 50-year plan for energy (video)
– U.S. energy independence is no longer just a pipe dream
– Peak oil debate is over, says Total chief
– Oil Falls to 2012 Low on Greek Debt, Saudi Call for Drop
– Reuters global energy and envrionment summit
