Insight and inspiration in turbulent times.
I thought I’d do a thought experiment. Suppose tomorrow morning a hypothetical university—let’s call it T.I.M.—sends out their weekly press release claiming a “revolutionary breakthrough” that will change the way we think about energy. Unlike every other time in the past decade they’ve made this claim, though, suppose this time it’s actually true: they’ve discovered a way of producing extremely cheap energy—as near to “free energy” as can be imagined.
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Iranian confrontration
-Gasoline prices and the SPR
-Bunker Fuel
-Quote of the week
-Briefs
-Older nuclear plants pose safety challenge: IAEA
-Protesters link arms around the world to decry nuclear power
The Fukushima Nuclear Disaster – One Year Later – Radio Ecoshock
-No Primrose Path
-Australia passes controversial nuclear waste bill
-IAEA: “significant” nuclear growth despite Fukushima
In this post, I provide…charts showing long-term changes in energy supply, together with some observations regarding implications. One such implication is how economists can be misled by past patterns, if they do not realize that past patterns reflect very different energy growth patterns than we will likely see in the future.
A midweekly roundup of peak oil news, including:
-Developments this week
We need to start aggressively deploying all forms of carbon-free power if we are to avoid catastrophic global warming, starting with the lowest cost ones
We go to Japan to speak with Aileen Mioko Smith, executive director of the Kyoto-based group Green Action, as Japan marks the first anniversary of the massive earthquake and tsunami that left approximately 20,000 dead or missing and triggered a meltdown at the Fukushima Daiichi nuclear power plant. It was the world’s worst nuclear disaster since Chernobyl…We also speak with Saburo Kitajima, a contract laborer and union organizer from the Fukushima Daiichi nuclear power plant. “The workers at the Fukushima plant are currently working under extreme circumstances.”
– BBC: Daunting challenge of Fukushima clean-up
– Plant still needing great care a year after tsunami
– Residents plagued by health fears
– The social impact of a nuclear disaster
– NYT: Japan’s Nuclear Energy Industry Nears Shutdown, at Least for Now
and more …
– Oil Price Distant From 1980s Agony When U.S. Income Adjusted
– Bill McKibben: Why Not Frack?
– Uranium production in Africa, and what it means to be nuclear
– Peak oil starts to bite the budget
For the oil industry this was CERAweek. As might be expected the conference was an occasion for considerable optimism about energy breakthroughs and successes especially in unconventional production. Behind the self-promotion there were nonetheless some notes of alarm in the air…
– Stop blaming oil speculators and start listening to them: A war with Iran would devastate the economy
– We Can Live with a Nuclear Iran
– Oil creeps toward top of Asia’s economic worry list
– 10th ASPO-International Conference in Vienna May 30 – June 1
– Ölreserven: Der “Doomsday” war gestern
I’ve returned from a sobering United Nations-led tour of six tsunami-damaged communities and two radiation-impacted cities in Northern Japan. The obvious conclusion: the Fukushima Daiichi nuclear accident is forcing Japan to go green, including the launch of a new renewable energy national feed-in tariff that starts in July. Meanwhile the governor of Fukushima, Yuhei Sato, told us that renewables will be the “key factor” in the revival of his cesium-laden prefecture.
