Oil

German military study warns of potential energy crisis – English translation of main points

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This week a study on peak oil by a German military think tank was leaked on the Internet. The document shows that the German government is closely studying the issue of peak oil, and is aware of the potential for serious consequences as oil production declines. The study is reminiscent of the Hirsch Report, commissioned by the U.S. Department of Energy, that warned of the risks posed by peak oil. … Below is a friend’s translation of the major points in the report.

German military study warns of a potentially drastic oil crisis

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A study by a German military think tank has analyzed how “peak oil” might change the global economy. The internal draft document — leaked on the Internet — shows for the first time how carefully the German government has considered a potential energy crisis. (excerpts)
Update: English translation of table of contents and lead paragraphs.

A peak oil reference

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Despite the volumes of material that have been written on peak oil, there still did not exist (to the best of my knowledge, anyway) a single online reference that presents this very complex topic in a form that’s both accessible to newbies, and that links to the deeper data and theory. So I built one, on contract with ASPO-USA, based on some of their existing material and my old “Peak Oil Media Guide” from 2008. It’s still a fairly skeletal first draft, comprising only 16 web pages, but hopefully it will grow, and serve as a useful guide to the public, the media, and others.

A summary of Adam Brandt’s “Review of Mathematical Models of Future Oil Supply”

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This paper has two goals. First, it provides a systematic review of oil depletion models produced to date. This serves to make obscure past works (often difficult to find) available to a wider audience so as to limit repetition of past efforts. Second, this paper provides synthesizing critique of previous modeling efforts, with the aim of improving future oil depletion modeling.

Energy consumption and progress

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I’ve written lately that economists are the high priests of Progress. I don’t subscribe to the doctrine of Progress, which is a faith-based view of our future. Apparently, for most people all of the time, the alternative is simply unthinkable. The truth is that we had wars 4,000 years ago, and we have wars now. The large majority of human beings were poor and disenfranchised 4,000 years ago, and the large majority still are today.

Personality profile: Do you “go with the flow” or do you “stock up” just in case?

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The balanced personality would want three things: 1) That we have a reasonably large stockpile of critical goods in case of a temporary disruption of flows, 2) that what we rely on for our survival be by and large renewable, and 3) that our demand for renewable resources would come into balance with the supply we can reasonably expect–considerably less than fossil fuels have provided us.

An optimistic diary (for once)

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I’m usually known as one of the doomers’n’gloomers on the blogs, with diaries and comments on the economy heavily leaning towards negative views. And to a large extent, I still stand by these positions and fully expect (i) the economy to dive again and (ii) an even worse financial crisis coming our way.

I’m also part of the peak oil / peak resources crowd, and do not consider our current civilisation, especially as hundreds of millions in emerging markets rush to embrace it, to be sustainable. … But, surprisingly, I also have a number of arguments to be optimistic for the medium term, i.e. that let me hope that I will not spend my late years in poverty and/or in the middle of societal collapse.