Insight and inspiration in turbulent times.
CERA seeks a sober dialogue to identify “clear signposts that will herald the onset” of either the peak or their “undulating plateau” of world oil production. Here are ten reasons why this turning point is likely between now and 2015.
CERA claims to thoroughly debunk the theory of peak oil. Except that the press release for the report includes the following graph… Kinda looks peaky, doesn’t it?
Congressional Peak Oil Caucus co-chairmen Reps. Roscoe Bartlett and Tom Udall say the CERA study of peak oil confirms the urgency for a crash mitigation program by the U.S. Government
In contrast to [peak oil theory], a new analysis by Cambridge Energy Research Associates (CERA) finds that the remaining global oil resource base is actually 3.74 trillion barrels — three times as large as the 1.2 trillion barrels estimated by the theory’s proponents — and that the “peak oil” argument is based on faulty analysis which could, if accepted, distort critical policy and investment decisions and cloud the debate over the energy future.
If we look two or three or four decades into the future, we know that hydrocarbons alone will not meet the needs of a growing world economy. Even with all the technical expertise the world could offer and all the political will it could muster, eventually, we will run out of oil. And, even before then, the price of a dwindling supply will be prohibitive. At present, our world is overly focused on, and overly dependent upon, one source of energy. And that path is unsustainable.
ASPO-Australia member James Ward reports that peak oil is reaching acceptance amongst many of Australia’s business and government elites.
A new study states that the water supply required for Canadian Oil sands production is unsustainable. Environmental damages related to bitumen production could eventually affect an area the size of England.
TOD: Why we (really) may have entered an oil production plateau /
Twilight in China /
Peak oil at Boston conference /
Dead Dinosaurs – todays’s WSJ coverage /
Peak oil guidebook for sustainable living /
More peak oil readership – Hello Kazakhstan and Mongolia!
The modern equivalent of “the muck called gold” is a body of rock called, affectionately, the Canadian tar sands. In the rush to develop these resources, people are becoming “clean mad” (although the development is not so clean).
Confidence in Russian deliveries of energy /
Winter energy crunch looming for Russia
The interesting demographics of peakoil.com /
Peak oil activism that denies petrcocollapse
Lessons for U.S. from Russia and China /
‘Energy independence’ on Bush agenda /
Environment policy change in new House /
An acceleration toward alternative fuels? /
Door open for shift in energy policy /
Alberta’s Dinning calls nuclear power oilsands option
