Peak Oil – 30 July, 2005

New discovery by oil companies – sustainability /
Car columnist says cheap oil gone forever /
Systems, interdependencies and peak oil /
Strapped commuters seek fuel bargains /
Oilcast: Riots, power cuts and Colin Campbell… /
Huge oil profits go for exploration /
Big oil’s output is shaky, but not its profits /
Wales: Fears over future energy sources /
Oil depletion? It’s all in the assumptions

A new environment

Why, after being so implacably opposed for so long to the Kyoto protocol, did the US perform a U-turn yesterday? To the complete surprise of even its closest allies, it announced a new pact with five Asian-Pacific states to cut greenhouse gases. Together the six states – Australia, China, India, Japan, South Korea plus the US – account for over 40% of the six global warming gases that are already changing our climate.

“In all likelihood, events are now set to run their course”

A few days ago Roger Pielke Jr. pointed to a paper (PDF) by Tim Dyson of the London School of Economics called “On development, demography and climate change: The end of the world as we know it?” Pielke called it “refreshingly clear thinking on climate change.” That’s true, if by “refreshingly clear” he means “weep-silently-aplogize-to-your-children-and- throw-yourself-out-a-window depressing.”

The three years of Peak Oil

What is the third date in the great Peak Oil saga? It is the year in which alternate energy sources finally offset the equivalent decline in crude oil production. Prior to that date, oil production will in general keep falling but the energy equivalent delivered by solar, wind, nuclear, etc. will always be less.

Peak Oil 2005?

Peak Oil is coming soon, no doubt about it in my mind. But like religious groups who set the date for the Second Coming only to end up looking like fools, some caution is advised. If Peak Oil is postponed for a few more years due to a recession, the number of peak oil books and websites will also decline. If that happens, the actual peak in oil production may arrive with more of a whimper than a bang…

Peak Oil – An Agenda for New Zealand

At present, world conventional light crude oil production is barely keeping up with rising demand. At some point, conventional light crude oil production will peak, and then decline – a phenomenon commonly known as “Peak Oil”. This will lead to a sharp, sustained rise in world oil prices, at which point the world will have entered the post-cheap-oil age. …
Because the implications of Peak Oil are so serious for New Zealand, SEF recommends that the Government, and individuals, start planning for “the Peak Oil crisis” now.