Fossil Fuels

The dark side of coal – some historical insights on energy and the economy

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The descendants of those men who pulled coal-loaded barges upstream in 19th century now drive shiny cars powered by oil and work in front of computer screens. But the problem of oil is the same as it was for coal: it is not infinite and there is not enough of it for everyone.

Eds, meds and a sustainable Pittsburgh

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Forecasts of Pittsburgh’s future cite education and medicine, complemented by entrepreneurial “green energy” and high-tech ventures, as engines of 21st century growth. However, the country is entering its third year of economic contraction and fiscal crisis.

Peak Moment 166: The crash course — exponential growth meets reality

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“The next twenty years will be totally unlike the last twenty… We’ll face the greatest economic and physical challenges ever seen by our country, if not humanity.” So opens Chris Martenson’s much-viewed online Crash Course illuminating the relationship between economy, energy and the environment. Starting with the power of exponential growth, he tidily sums up our economic problems: Too Much Debt. Chris discusses the implications if we continue the status quo, and ways to prepare. He believes that “if we manage the transition elegantly we can actually improve things.”

After peak oil, are we heading towards social collapse?

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We cannot expect our government leaders to help society transition off of heavy oil dependence on account of their being controlled by “big business” interests. Therefore, it is up to average citizens to create the reforms that lead into localized economic and social development.

Will the post-oil future be bicycle-free?

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U. S. Secretary of Transportation Ray LaHood may soon be nominated for heresy-of-the-year award for an impromptu speech at the 2010 National Bike Summit last month. In that speech he said federal transportation policy will no longer favor automobiles over bicyclists and walkers. As anyone who regularly rides a bicycle knows, this change is big precisely because automobiles and bicycles share much of the same infrastructure. But this very fact may bode ill for the bicycle in a post-oil future.

How much oil is left: (interview with Richard Heinberg)

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One of the world’s foremost educators on Peak Oil, Richard Heinberg, in an exclusive interview for MMNews: “We are currently seeing the end of economic growth as we have known it.” Further on, he talks about the financial / economic crisis, monetary changes vis-à-vis a shrinking energy supply, and the Century of Declines: “Peak Everything.”

The peak oil crisis: countdown at the Guri

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Now, if you are wondering why a falling water level in the Venezuelan highlands should be if interest to Americans, the answer is easy. Despite years of political tensions between the Chavez government and Washington, the U.S. is still importing some 800,000 barrels a day of crude from Venezuela.