Peak oil review – March 14
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The earthquake
-Quote of the week
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The earthquake
-Quote of the week
Program for the meetings about Peakoil at the European Parliament (03 May) and Walloon Parliament (26 April)
In the wake of the Japanese nuclear debacle, we need a practical and affordable clean electricity plan that does not rely on new nuclear power. This article presents just such a Plan. New nuclear is absent from the Plan not because of any safety concern, but simply because it fails the “practical and affordable” test. President Obama called for “80% Clean Energy” by 2035. This Plan presents how we can do it right.
It’s been nearly six months since BP Plc.’s runaway oil well in the Gulf of Mexico, which caused the largest unintentional offshore spill on record, was finally deemed “effectively dead.” And those six months have brought almost as many books on the disaster. Cavnar’s book has a particular ring of authenticity, and I suspect that’s because he’s the only one of the above authors to have spent a career in the oil and gas drilling business.
– Nansen Saleri: Our Man-Made Energy Crisis
– The truth about India’s coal
– Will Federal Regulators Crack Down on Oil Speculation?
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A weekly roundup of peak oil news, including:
-Oil and the global economy
-the Saudis besieged
-China’s National People’s Congress
-Quote of the week
-Briefs
Continued violence in the Middle East kept oil prices high this week. Libyan exports are down at least 1 million barrels a day and fears are escalating that the stand-off there could turn in to a protracted civil war. The unrest spread to Oman this week where security forces clashed with demonstrators. Meanwhile news of the arrest of a Shi’ite cleric demanding democratic reforms in Saudi Arabia sent the Saudi Tadawul stock exchange down 11%.
-The Invisible Food Crisis
-Food prices reach record highs
-Climbing fuel prices trigger alarm
-Caught in the Food Pirates’ Trap
-Regulation Lax as Gas Wells’ Tainted Water Hits Rivers
-Wastewater Recycling No Cure-All in Gas Process
-Politics Seen to Limit E.P.A. as It Sets Rules for Natural Gas
I sat down with Richard Heinberg in late December via Skype to learn about his forthcoming book, The End of Growth, and to hear more about what he thinks lies ahead as energy declines accelerate and the world economy sinks further into recession.
As concerns grow in the U.S. about the environmental impact of hydraulic fracturing, or “fracking,” to extract natural gas from shale, companies have set their sights on Europe and its abundant reserves of this “unconventional” gas. But from Britain to Poland, critics warn of the potentially high environmental cost of this looming energy boom.
Only two years ago Chesapeake Energy Corp. president Aubrey McClendon was telling us about the limitless future of natural gas in North America. It is a good thing that McClendon, who still runs Chesapeake, isn’t taking his own advice these days.