Insight and inspiration in turbulent times.
Perhaps in a perfect Platonic world of policy, a “peak oil is today” strategy would look different from [CERA’s] “peak oil in 2040” strategy. But back down here on earth, we’re stuck with the blunt instrument of representative democracy. Our choice is far closer to binary than most oil geeks are willing to acknowledge. The choice before us is: mobilize and start pushing, or don’t.
Pulitzer winner suggests world has plenty of oil
Firm: Peak oil theory is bogus
A world awash in oil?
Attempt to discredit theory falls short
New study: Oil depletion in the world /
November ASPO Newsletter online /
TOD:UK to become TOD:Europe /
Report on the Energy Institute (UK) oil depletion conference /
Energy Independence: Kunstler’s advice to the Democrats
Georgia warns EU it could face Russia gas hikes too
Oil deals enhance China-Russia energy links
Gazprom extends deal with Italy’s ENI
Russia faces gas shortfall, leaked report claims
Nato fears Russian plans for ‘gas Opec’
US concerned Russia conserving oil reserves
Tsunami alert
CERA is welcome to join the ASPO discussion, but to date has declined to do so. And if CERA has things wrong, then a lot of people might just follow its advice and do the wrong thing and get hurt.
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?
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.
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
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).
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.
