Insight and inspiration in turbulent times.
The latest World Energy Outlook from the International Energy Agency came with a double warning. On the one hand, oil prices could soon spike to $150 once more, on the other, the world is barely five years away from sealing its fate on climate change.
Natural gas has been hyped of late as a way to reduce carbon emissions and reliance on oil and coal in business-as-usual growth scenarios. Much of this speculation rests on new technology to produce gas from previously inaccessible shale reservoirs.
Governing politicians in British Columbia have been particularly receptive to the perceived gold mine that could result from developing shale gas in northeast British Columbia and constructing the Pacific Trail Pipeline so that gas may be exported to Asia via a new terminal in Kitimat. Does this make sense considering the longer term interests of Canadians?
In Extraenvironmentalist #28 we speak with Richard Heinberg about his most recent book The End of Growth which uses data on global economies and international energy supplies to argue that the paradigm of economic growth has ended forever. Richard says that while our economies will still grow in the future, they’ll be constrained to lower and lower rates of growth that won’t be able to support money systems and financial obligations
(In German) Stefan Aust and Claus Richter have created a two part documentary on the history of oil starting with whale oil and the move from conventional oil to unconventional oil. Includes analysis on depletion and geopolitical implications.
Includes interviews with: Colin Campbell, ASPO; Fatih Birol, IEA; Matthias Bichsel, Shell, Alexander Medwedew, Deputy CEO Gazprom; Christof Rühl, Chief Economist BP; Gerhard Schröder former German Chancellor; Martin Winterkorn CEO Volkswagen Group; Dieter Zetsche, CEO Daimler AG.
A midweekly roundup of peak oil news, including:
-Developments this week
So, people tend to be attracted more by pleasant fables rather than by inconvenient truths. That doesn’t mean that truth needs to be unpleasant, negative, or apocalyptic. However, if we want to pass our message to the public, data alone are not enough; scientific results must be presented in ways that take into account the human side of the problems. How to succeed in this task is an open question, but Antonio Turiel, who keeps the blog “The Oil Crash”, has examined it in a recent post titled “running away from reality dedicated to the “Chemtrails” legend.
– Paul Krugman on solar innovation: Here Comes the Sun
– Solar Power and its Discontents
– Five challenges facing the energy sector in 2012
– ‘Tipping Point’: A primer on the Alberta tar sands
– ASPO-USA Conference Takeaways
– IEA economist Fatih Birol: ‘We have to leave oil before it leaves us’ (interview)
– New book by Colin Campbell: Peak Oil Personalities
– Peak Cheese: the bleak science of cheese depletion
M.K. Hubbert: “Our principle constraints are cultural…we have evolved a culture so heavily dependent upon the continuance of exponential growth for its stability that it is incapable of reckoning with problems of non-growth…it behooves us…to begin a serious examination of the…cultural adjustments necessary…before unmanageable crises arise…”
Dmitry Orlov: “Hubbert was right. Again.”
The problem is described and solutions are offered.
-Link to the Executive Summary
-World headed for irreversible climate change in five years, IEA warns
-Arab Spring disrupts energy investment-IEA
-Energy Costs to Rise ‘Viciously’ Without Nuclear, IEA Says
ASPO-USA was founded to sound the alarm on peak oil. But are they suited for the role of Paul Revere?
Growth as we’ve known it is over, Paul Gilding and Richard Heinberg told a Climate One audience in San Francisco on November 7. Confronted by resource constraints and crippling debt, nations must instead focus on growth that respects nature’s limits.
