Hydrogen to the rescue? Questions about Iceland’s sustainability

Iceland plans to be the first country to implement a hydrogen economy, taking advantage of its vast electric resources. However, sustainability is still wanting in this tiny, isolated island nation, despite its massive advantages over most countries. It cannot, at this time, free itself from the world oil economy.

Peak oil and Bakhtiari’s 4 phases of transition

“The four Transition periods (T1, T2, T3, and T4) will roughly span the 2006-2020 era. …The major palpable difference between the four Ts is their respective gradient of oil output decline — very small for T1, perceptible for T2, remarkable in T3, and rather steep for T4. In fact, this gradation in decline is a genuine blessing for those having to cope and adapt.”
– Dr. A.M.S. Bakhtiari, Iranian oil expert

Oil industry – Aug 24

– One crude dude: Chuck Hamel, oil industry whistleblower
– Shell Oil president advocates conservation
– BP revs up for carbon neutral motoring
– Russia overtakes Saudi Arabia as world’s leading oil producer – OPEC

Peak oil – Aug 23

– Oil output set to peak, but no fuel shortage-UBS
– Australian interview with Richard Heinberg
– Peak oil odyssey: the revolution will not be televised, nor will television be revolutionized
– FEASTA: The economic challenge of sustainability