Oil

Dispersion, Diversity, and Resilience

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If we want to have any hope in controlling our destiny we have to understand our environment. In one sense, if we treat our environment as a control system, capable of responding to a stimulus, we need to understand not only its behavior, but how it will respond to the stimulus. One can ask: will it collapse in response to dwindling resources? Or will it rebound and stay resilient? For that we require a good model of the system. And of course, the simpler the model to describe, the better.

Commentary: Drawing the lower and upper boundaries of future oil supply

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The oil supply challenge is often summarized in terms of the production volume equivalent of Saudi-Arabia’s that needs to be replaced. This popular metric is based on in-depth studies of global decline rates that show a decline range between 4.5 and 6 percent over the current 73 million barrels of crude oil produced per day.

 

ODAC Newsletter – Feb 26

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The world is heading for a renewed oil crunch as soon as 2013 due to shrinking production capacity and growing demand in the emerging markets, according to reports from two investment banks. Both BofA Merril Lynch and Barclays Capital conclude non OPEC production is close to peak, meaning a shift back to reliance on OPEC for new capacity…

Toward the Collapse: Growth-Economy = Climate Disaster (interview with Keith Farnish)

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…The Culture of Maximum Harm tries to achieve its journey by taking as much as it possibly can, and by doing as much damage as it possibly can. And the reason it does this is because it has one primary goal, which is achieve continuous growth – and that’s economic growth, in terms of the word “growth” – and economic growth cannot be sustainable. So, this culture, which I believe is unique in human history, is doing something that is uniquely destructive. In other words, it is the Culture of Maximum Harm – it is the most harmful way that humans can exist.

Economics, civil unrest, and more reasons for banking disgust – Feb 25

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-Rehearsals for a Civil War
-Athens: The First Domino?
-Our world balances on a sea of debt
-Joseph Stiglitz: Bankers Made Reckless Bets on the Economy, Knowing Taxpayers Were Going to Pick up the Tab
-Finger on the Scale
-Secret AIG Document Shows Goldman Sachs Minted Most Toxic CDOs

Renewables & efficiency – Feb 25

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-Does Facebook deserve the hell it’s catching from Greenpeace?
-Saudi Arabia to export solar power soon, US says
-Energy expert Lovins brings conservation message
-The new wave: Harnessing the power of the ocean

Gypsies at the peak

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After having seen the Roma (gypsies) listen attentively to two hours of lessons on the biological carbon cycle and ask intelligent questions afterwards, I was impressed. So, I told myself; why not peak oil? And here I am in front of the whole class. Romani men and women; about 20 people; all coming from the same camp, nearby.