ODAC Newsletter – Dec 18
As ODAC News went to press, hopes of a deal in Copenhagen were finally rising, after two weeks of chaos and acrimony.
Fossil Fuels
Peak oil notes – Dec 17
A weekly review including:
– Production and prices
– Trouble in Copenhagen
2009 — A Year We Will Live To Regret
This is my last column for 2009. The past year was notable for what didn’t happen.
Iraq and Oil Auction aftermath – Dec 17
-Iraq strengthens hand at OPEC with oil deals
-Iraq Auctions Development Rights to Oil Fields
-Majnoon win gives Shell a boost
-Shell, Lukoil to Join Iraqi Top Producers Based on Winning Bids
Economics – Dec 17
-Greece Struggles to Stay Afloat as Debts Pile On
-Obama and Rubin at the Bada Bing
-Cleaners ‘worth more to society’ than bankers – study
-A Tax By Any Other Name Gains Wider Support
-Gulf petro-powers to launch currency in latest threat to dollar hegemony
-Adventures in Capitolism
Throwing our energy at impossible dreams…
“as mankind proceeded to get bigger and bigger we silently crossed a threshold”
Renewable timetable is a long shot
Al Gore’s well-intentioned challenge that we produce “100 percent of our electricity from renewable energy and truly clean carbon-free sources within 10 years” represents a widely held delusion that we can’t afford to harbor.
Oil & gas – Dec 15
-Damning New Evidence Raises Concerns About Threats to New York’s Water From Gas Drilling
-Filmmaker felt “Haynesville” energy
-New breed strikes lucky at Iraq oil auction
-Big Oil Seen in ‘Race to the Altar’ After Exxon Deal (Update1)
Transitional demands
From modest beginnings as a permaculture class project at a college in Kinsale, Ireland, the Transition movement has spread its message of community resilience and low-carbon living around the world.
There is plenty of oil but . . .
There is a huge amount of oil which theoretically can be extracted, but the question is whether the cost will be cheap enough for us to be able to afford to extract it. If the oil is too expensive to extract, the shortage of oil seems to cause a recession, similar to what we are having now. I discuss this in purely monetary terms, but it is also an issue with respect to low energy return on investment (EROI), for those of you used to thinking in EROI terms.
Peak oil review – Dec 14
A weekly roundup of peak oil news, including:
-Prices and production
-Baghdad’s second auction
-Climate change
-The IEA’s peak
-Briefs
Canadian Oil Sands Misses Unrealistic Projection – Issues Another
Canadian energy authorities have done it again. They missed their last rosy projection of future oil sands production, so they issued a new one: they merely pushed the big surge in production 5 years into the future.
