Oil

Oil, Economics, and Politics–a tangled web of consequences

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It will come as little surprise to most readers that the world is near to, or past, peak world oil production. Petroleum is so essential to the economics of transportation that many believe when oil peaks, the global economy must also shrink in terms of the total output of goods, even as the population increases. Most who study peak oil and accept the findings of the Hirsch Report do not expect a lasting economic recovery, likely for decades.

Peak oil and the psychology of work

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This is a preliminary attempt to explore the relationship between the current predicament facing humanity arising out of an exploding population facing planetary resource limitations, in other words known as overshoot, and the psychology of work inherent in the human species.

James Hansen: Good Riddance, Copenhagen. Time for Better Ideas.

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NASA climate scientist James Hansen never expected the U.N. climate talks in Copenhagen to amount to much. He told the British Guardian newspaper that it would be better if Copenhagen failed. That’s because Hansen is a vocal critic of the economic policies discussed there, and he hopes Copenhagen’s failure gives the public a chance to talk about new options.

Peak oil, prices, and supplies – Dec 23

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-OPEC leaves oil production unchanged
-EIA Energy Outlook 2010 Reference Case Projects Moderate Growth in US Energy Consumption, Greater Use of Renewables, and Reduced Oil and Natural Gas Imports
-Iraq will double exports to China to satisfy thirst for oil

Copenhagen Blame Game and Wrap-up – Dec 23

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-Ed Miliband: China tried to hijack Copenhagen climate deal
-Carbon Supplicants on the Copenhagen Pilgrimage
-Review of the Year 2009: Climate change
-How do I know China wrecked the Copenhagen deal? I was in the room
-There’s No Negotiating With Nature
-BC Fossil of the Decade Awards
-Copenhagen’s failure belongs to Obama
-Clear-Cutting the Truth About Trees
-Doom and Gloom
-Mammals May Be Nearly Half Way Toward Mass Extinction

Managing the Peak Fossil Fuel Transition: EROI and EIRR

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Current renewable energy technologies must be adopted in conjunction with aggressive Smart Growth and Efficiency if we hope to continue our current standard of living and complex society with diminished reliance on fossil fuels. These strategies have the additional advantage that they can work without large technological breakthroughs.

Trolley canal boats

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For many centuries, canal boats were propelled by men, horses or mules on the towpath beside the water. Before diesel power took over, engineers developed several interesting methods powered by electricity: trolleyboats, floating funiculars and electric mules. Many of these ecological solutions could be applied today instead of diesel engines.

Endgame: USA

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Economic recovery! The media, economists and politicians are talking it up. The spin machines are working flat out cherry picking statistics to convince us that recovery is underway and we are entering another growth phase. It could, however, be argued that this is the least likely of all the potential outcomes from the global financial crisis. One of those potential outcomes, one rarely spoken about unless you are Barnaby Joyce, is the subject of this article.

Climate conference aftermath – Dec 21

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-Copenhagen: a look back at the most striking narratives
-If you want to know who’s to blame for Copenhagen, look to the US Senate
-There is a way ahead after Copenhagen
-Copenhagen: Things Fall Apart and an Uncertain Future Looms
-All over the map: Rounding up editorial reax to Copenhagen
-No One Is Going To Save You Fools
-Copenhagen – Historic failure that will live in infamy
-Terminator 2009
-A Climate Con: Analysis of the Copenhagen “Accord”

Oilwatch Monthly December 2009

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…Conventional crude production – Latest figures from the Energy Information Administration (EIA) show that crude oil production including lease condensates increased by 261,000 b/d from August to September 2009, resulting in total production of crude oil including lease condensates of 72.59 million b/d…