ODAC Newsletter – March 2

Brent oil briefly touched $128/barrel on Thursday as pressure on Iran over its nuclear programme continued, the latest development being demands from Israel on the US to be more explicit in its threat of military action. The sharply rising prices are already impacting the weakened economies of Europe and the US making some wonder whether sanctions intended to hurt Iran could be backfiring…

Future of food in Japan

One concern is how import-dependent Japan might cope with the advent of the peak of oil production and a possible oil price crunch. Paul Stevens at Chatham House, one of the world’s leading think tanks, argued in 2008 that an oil crunch could occur when the oil price goes over US$200 per barrel with severe macro-economic impacts….While other reports place the peak of world oil production at a later date between 2015 and 2020, the timing is academic when considered in the context of whether Japan would have the time to respond effectively in terms of reorganizing its entire food system.

Great Decisions: Energy Geopolitics

The energy markets have been shaken by the instability of Middle East oil and the vulnerability of nuclear power. Against the backdrop of European crisis and and high U.S. unemployment, what does this changing energy landscape mean for national and global economies in 2012? Daniel Lerch presents as part of the Great Decisions Series of the World Affairs Council of Oregon, January 2012.

The Attack on Science & Scientists

Dr. John Mashey investigates the right-wing billionaires & corporations who pay alleged “charities”, bloggers, and old weathermen to deny climate science. Then Canadian journalist Margaret Munro on government muzzling scientists, plus an update from Union of Concerned Scientists Francesca Grifo on science freedom in U.S.

A pile of straw at the bottom of the cliff

There is an old Russian saying: “If I had known where I would fall, I would have put down some straw there.”

At last year’s ASPO-USA conference, I wanted to correct what I see as a major flaw in the narrative of Peak Oil: the idea of a gentle, geologically-driven decline in oil production, which seems quite unrealistic. But I also wanted to look beyond it and sketch out some plans that would work after oil production dives off a cliff.

If we start setting aside a “Peak Oil Tithe” around when Peak Oil occurs, and if we deploy all that we’ve stockpiled when the fossil fuel economy can no longer support us, the resulting post-collapse economy is quite a lot smaller than the fossil fuel economy, but still large enough to support a significant portion of the current population, albeit at a much lower standard of living.

Energy – Feb 28

– Telegraph: Soaring oil prices will dwarf the Greek drama
– Geoengineering is going to happen. Desperate people do desperate things,
– Gas: climate panacea or industry propaganda?
– Gingrich is wrong on both gun racks in Chevy Volts and US energy policy
– La future rente des gaz de schiste: une malédiction à conjurer par l’intelligence