Fossil Fuels

Peak oil perspective

by

Aside from excursions here and there, Do the Math represents—in computer terms—a “core dump” of years of accumulated thoughts and analysis on energy, growth, and the largely unappreciated challenges we face on both short and long terms. During this queued process—with much more to come—I have made references to peak oil, but have refrained from a head-on treatment. As important as peak oil has been in motivating my quantitative exploration of life beyond fossil fuels, it seems overdue that I share my thoughts.

Is this group think, or is the U.S. about to be energy-independent?

by

One becomes nervous when a consensus begins to form around a Big New Idea — it starts to sound like group think. So what are we to make of the cottage industry developing around the notion that the U.S. not only isn’t facing an impending oil shortage — it is on the cusp of being nearly energy independent, short of a margin of barrels that will be imported from friendly Canada and Mexico?

Top 5 ways to Occupy Big Oil

by

Wall Street is the best immediate target for a protest against financial inequity and corporate money in politics. Now, as Occupy movements pop up across the globe, Occupiers may be interested to know that big oil companies are as guilty as big banks in buying politicians and squeezing the 99%. And since today’s fiat currency is really based on oil, any reform of finance needs to take on energy too.

Review: Songs of Petroleum by Jan Lundberg and Diamonds in my Pocket by Amanda Kovattana

by

At first glance, Jan Lundberg and Amanda Kovattana seem like unlikely kindred spirits. He’s a former oil analyst turned whistleblower and rock musician, while she’s a British-educated Thai émigré who makes her living helping people become organized. Yet their similarities run deep, beginning with a profound concern for the planet and a flair for writing. Indeed, both are indispensable contributors to one of the top news sites on energy and the environment, Energy Bulletin. Both also happen to be accomplished memoirists, and their memoirs offer rare insights into family relationships, the vicissitudes of wealth and the quandary of being an environmentalist in an environmentally apathetic age.

Not so much: Shale gas shows its limitations

by

If you live in the United States and bother to turn on your television, it’s almost impossible to avoid ads telling you that natural gas from shale is both abundant and environmentally safe to develop. In these ads, so many happy people seem to enjoy burning natural gas that it would be difficult to imagine that their smiles might come to a premature end.

The future of energy and the interconnected challenges of the 21st century

by

The Club of Rome, in collaboration with the Dept. of Environment and Energy of the City of Basel, Switzerland, recently convened a two-day international conference entitled The Future of Energy and the Interconnected Challenges of the 21st Century. The meeting was held October 17 and 18, 2011, at the Hôtel des Trois Rois in Basel. The conference -by invitation only- brought together a group of about 30 scientists from around the globe to discuss issues relating to resource depletion (Peak Oil) and climate change. Also present was a delegation of the Basel City government including the mayor and the minister for energy as well as several members of parliament. This report summarizes some of the outcomes of our discussions. [Cellier gives special attention to Switzerland and the city of Basel]

Are we reaching “Limits to Growth”?

by

It seems to me that we may be reaching Limits to Growth,” as foretold in the book by the same name in 1972. The book modeled the consequences of a rapidly growing world population and finite resource supplies. A wide range of scenarios was tested, but the result in nearly all scenarios was overshoot and collapse, with the timing of collapse typically being in the 2010 to 2075 time period. The authors of Limits to Growth did not model the full interactions of the system. One element omitted was how debt would impact the system. Another item omitted was how prices for oil and other resources would affect the system.

ODAC Newsletter – Oct 28

by

Markets jumped on Thursday as the Eurozone patched together yet another deal to relieve its debt crisis. The high spirits saw 3% added to the FTSE amid hope that the deal will buy time to develop a permanent solution – if that is possible. Meanwhile the turbulence in the markets is being increasingly reflected in the streets through the growing Occupy movement, and continuing demonstrations in Spain and Greece…

Two more ethical challenges to Canada’s oil sands

by

Since the turn of the century, light oil, the highest quality hydrocarbon, has given civilization extraordinary energy gains and fueled all the trappings of modern life. But the rapid development of bitumen, one of the world’s most expensive and heaviest hydrocarbons, has clearly signaled the end of cheap oil. Like most unconventional fuels, bitumen takes more energy to make than conventional oil. In fact, bitumen production requires so much natural gas for processing and enrichment that it now accounts for one-fifth of Canada’s natural gas demand. The extravagant use of natural gas to produce a lower grade fossil fuel is unprecedented.