Energy Policy

Sierra Club goes totally peak oil — almost

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A veteran anti-corporate campaigner, Michael Brune is not your ordinary environmentalist. And now that’s he’s in charge, America’s oldest and largest green group is no longer your father’s Sierra Club. So it’s no surprise that his book “Coming Clean,” re-released after the Deepwater Horizon spill, presents peak oil as a major energy challenge. But as a big fan of the green economy, Brune is more optimistic than many peak oil writers about the ability of solar, wind and other renewables to replace oil and coal. Is he right?

The OPEC meeting – How much will production really increase?

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The Organization of the Petroleum Exporting Countries (OPEC) will meet today June 8 in Vienna to talk about increasing oil production. Preliminary news reports are hinting at Kuwait and Saudi Arabia pushing for a 1.5 million barrels per day increase in production to cool off oil prices. West Texas Intermediate oil is currently a little below $100 a barrel, but most other blends are above $100 per barrel. Iran, Venezuela, and Iraq oppose the increase.

Who has time to worry about OPEC?

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Members of OPEC will agree to increase their official production today, but that won’t do much to lower prices — the plenitude of energy-related stress across the globe underscores more than ever how power has dispersed out of OPEC’s hands. It’s not only the civil war in Libya, and the loss of its 1.4 million barrels a day of oil exports, or the chaos in Yemen. From the South China Sea to Alberta, Canada, tempers are flared over the control and movement of oil.

Heeding the warnings of environmental Reveres

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Pathetically the media has been awash with New York Congressmember Anthony Weiner’s string of electronic sexual peccadillos. Punctuating the sensationalism, and between the TV commercials from the oil, gas, coal and nuclear industries, are story after story of extreme weather events. Herein lies the real scandal: Why aren’t the TV meteorologists, with each story, following the words “extreme weather” with another two, “climate change”?

Germany exits the atom

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Chancellor Angela Merkel surprised many with her May 30 announcement of a complete shut down of all Germany’s reactors by January 1st, 2022 and the shutdown of 14 of Germany’s total of 17 reactors well before that date.  The German chancellor has, in nine months, gone from touting nuclear plants as a safe “bridge” to renewable energy and easing regulatory constraints on extending reactor lifetimes, to pushing the biggest and fastest nuclear exit strategy in any country using nuclear power.

‘A Golden Age of Gas’…with caveats…according to the IEA

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As supply and demand factors increasingly point to a future in which natural gas plays a greater role in the global energy mix, the International Energy Agency (IEA) on Monday released a special report exploring the potential for a “golden age” of gas. The new report, part of the World Energy Outlook (WEO) 2011 series, examines the key factors that could result in a more prominent role for natural gas in the global energy mix, and the implications for other fuels, energy security and climate change.

A note on Hubbert’s hypotheses and techniques

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This note aims at exploring the scientific foundations and therefore the scope of validity of these forecasting techniques. Looking at the basic assumptions of Hubbert’s thesis, it concludes that these techniques should not be used to forecast neither the peak (or plateau) of the annual production rate, nor the ultimate reserves of any mineral, unless given exceptional conditions.