Oil

As economic growth fails how do we live? Part I: The four horsemen of the economic apocalypse

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As The Big Engine That Couldn’t has faltered for several years, it is becoming increasingly clear the economy is running off the tracks. Both investors and the public are beginning to realize the long-revered goal of endless economic growth is failing. Anger and fear are widespread, as the livelihoods and hopes of ordinary Americans are being destroyed. Anger runs among the “99%” over economic injustices that favor the “1%”. Fear, however, may run among 100% over this question: How do we live when economic growth fails?

Announcing the publication of two new Energy Descent Action Plans!

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Like buses, you wait for ages for Energy Descent Action Plans to come along, and then two come along at once. This month sees the publication of two new EDAPs, from Llambed in mid-Wales, and Dunbar in East Lothian, Scotland. These two high quality pieces of work represent two communities taking the idea of an EDAP and rooting it to their place, their community, their challenges.

Soaring Oil and Food Prices Threaten Affordable Food Supply

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The current global food system is highly fuel- and transport-dependent. Fuels will almost certainly become less affordable in the near and medium term, making the current, highly fuel-dependent agricultural production system less secure and food less affordable. It is therefore necessary to promote food self-sufficiency and reduce the need for fuel inputs to the food system at all levels.

Deepwater Horizon: Lessons from Petroleum Engineering and the Roman Empire

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Why did the Deepwater Horizon blow up last year, kill 11 workers, and cause the massive oil eruption into the Gulf of Mexico? You’re likely to get different answers if you talk separately to a petroleum engineer or an anthropologist. When they team up, it gets really interesting. Anthropologist Joseph Tainter (author of The Collapse of Complex Societies) and petroleum engineer Tad Patzek talk about the new book they’ve co-authored: Drilling Down: The Gulf oil debacle and our energy dilemma.

A psychological carbon tax

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There’s plenty of understanding that efficiency measures can sometimes (often) fail if they fall victim to Jevon’s Paradox. The common response is that we need to couple efficiency measures with a carbon tax or similar policy that give people both the means and the incentive to decrease energy consumption. But let’s look at the underlying goal of a carbon tax: to change behavior. How does it change behavior? By penalizing undesirable behavior (financially). The downside to a carbon tax is that it requires overcoming many political hurdles that don’t seem likely to be overcome anytime soon. What are the alternatives?

Deconstructing “ethical oil”

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EthicalOil.org is a defense of the Canadian oil sands industry. The argument it makes is that because human rights standards are much better in Canada than in many other oil exporting nations, Canada should be considered a more “moral” source of oil. In fact, the oil from the oil sands is touted as a “fair trade choice.” Once I’d read through the site, it was hard to imagine why the oil sands industry would even want it online. If these people were working for me with the express mission of defending the oil sands, I would fire them.

ODAC Newsletter – Dec 9

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OPEC head Abdullah El-Badri warned European leaders on Wednesday against imposing sanctions on Iranian oil, stating that the 865,000 barrels a day which goes mostly to Southern Europe would be difficult to replace. Global supply is already tight and oil prices remain stubbornly high despite the chronic Euro-crisis…

World Petroleum Congress in Doha, Qatar – ExxonMobil: ‘Technology to beat Peak Oil’ and Total pulls itself into line

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Before the World Petroleum Congress in Doha, Qatar the newspaper Gulf Times wrote in an article that, “A highlight is the keynote speech that will be delivered by Total’s President and CEO, Christophe de Margerie on the theme: “Peak oil – ahead of us or behind us?” on December 7”. The fact that Peak Oil is the theme for one of the seven main presentations at the congress shows that Peak Oil is now an important topic of discussion in the international and national oil industries. Earlier, Total had indicated that they believed Peak Oil could occur before 2030 so it was with some suspense that we awaited the message from Total and their managing director de Margarie.