Insight and inspiration in turbulent times.
On 10 February 2010 at the Royal Society, six UK companies – Arup, Foster + Partners, Scottish and Southern Energy, Solarcentury, Stagecoach Group and Virgin – joined together to launch the second report of the UK Industry Task-Force on Peak Oil and Energy Security (ITPOES).
-What’s Missing from the New Clean Energy Agenda?
-Soaring cost of healthcare sets a record
-America Is Not Yet Lost
-Seven States of Energy Debt
-The population crash
-Getting connected: Europe’s green energy ‘supergrid’
-Pro-Moscow Yanukovych ‘to win Ukraine election’
-Defusing the Methane Greenhouse Time Bomb
-Think-tanks take oil money and use it to fund climate deniers
-China: Prince of Denmark
-Loss Of Species Hits Economy
-Does peak demand = peak supply?
-Branson warns that oil crunch is coming within five years
-Tony Hayward: BP’s straight-talking chief on evolution not revolution
-Endless Oil: Peak Production vs. Oil Price
A weekly roundup of peak oil news, including:
-Prices and production
-Sovereign debt and economic recovery
-Violence in Iraq
-Quote of the week
-Briefs
In a busy week for energy policy, UK energy watchdog Ofgem finally acknowledged what has been obvious for years: that liberalized markets cannot deliver energy security in the era of carbon reduction and resource depletion.
One way of looking at our current set of predicaments is that we’ve been on a binge, consuming energy considerably faster than it can be captured and stored by Earth’s ecosystems. While fossil fuels once appeared limitless (and still do to deniers of peak oil), and though we’re literally bathed in energy (in the form of sunlight), the disappearance of the fossil-fuel storehouse accumulated over millions of years isn’t something that can be replaced with anything nearly as convenient as fossil fuels.
Mr. Gabrielli, the CEO of Petrobras, gave a presentation in December 2009 in which he shows world oil capacity, including biofuels, peaking in 2010 due to oil capacity additions from new projects being unable to offset world oil decline rates.
A midweek roundup of peak oil news, including:
-Prices and production
-Asian demand
-Russian Economy: Un-BRIC-like during 2009
-How long before the lights go out?
-Peak Oil Theory: implications for Australia’s strategic outlook and the ADF
-The Iraqi Oil Conundrum
-A New Clean Economy — With Old Sources of Energy
-Business as Usual: Hooked on Foreign Oil
-Stop the Green Tech Coup, Military Industry on the Offensive
The fact that nobody from ASPO was invited to discuss energy security in Davos shows that they are not interested in anyone bearing unpleasant news… Institutions and oil companies are assembling an explanation for Peak Oil that says that the resources exist but that the will to invest is lacking.
