Insight and inspiration in turbulent times.
Many people seem to believe that it is possible to have a rapid transition to a “low carbon economy,” based on a totally different pattern of production of energy carriers (using different primary energy sources) and a totally different pattern of consumption of energy carriers, while still guaranteeing the same set of end uses.
A mid-week roundup of peak oil news, including
-Developments this week
The IEA’s position is summarized in the graph – conventional crude oil production has already peaked in 2006! Suddenly, the subject of impending peak has gone from not worthy of discussion to in the past already!
The WEO 2010 report just released by the International Energy Agency makes quite a number of assumptions that seem wrong, and omits important ideas. Here are a few that Oil Drum staff members have mentioned.
The International Energy Agency issued its annual energy forecast today for 2010. At this point, we can only point to a few of the summary findings. One clear concern is that demand will be rising–especially from China and India. Another is that prices (in inflation-adjusted terms) will be rising. A third concern is that conventional oil production will no longer be able to rise.
– Why Is Obama Cuddling Up to Karl Rove and His Gas Drilling Friends?
– A Taxpayer-Funded Sucker Play for the 21st Century
– UC Davis study: Stock market expectations suggest that oil will run dry before substitutes roll out
It’s been a long time coming, but the uber-significant Peak Oil issue has finally started to infiltrate the corridors of power. What they’ll do with this information remains to be seen…
In WEO 2010 the IEA presents facts that mean only one thing – the peak of oil production is imminent. By showing this data without announcing this obvious conclusion the IEA is making a cry for help to do what, for them, is politicly impossible. WEO 2010 is a cry for help to tell the truth about peak oil.
– “The Ultimate Roller Coaster Ride: A Brief History of Fossil Fuels” (Post Carbon Institute)
– “The Story of Electronics” (Annie Leonard)
– “Permaculture: The Growing Edge” (Starhawk and Donna Read)
– “The Economics of Happiness” (Helena Norberg-Hodge)
– “Collapsus” – what energy collapse might look like (interactive video)
– Steve LeVine: How to read today’s big report on the future of energy
– National Georgraphic: Has the World Already Passed “Peak Oil”?
– Online Executive Summary of the report
– Energy inaction will cost us trillions
– IEA: “peak oil is an inevitability”
Lemme start with letting my alter ego, Hamster, review the narrative in the style of my fellow Vanderbilt alumnus, Joe Bob Biggs of “Joe Bob Goes to the Drive In” fame, then the geek engineer can get to appropriate technology.
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The US elections
-Iraq
