Peak oil notes – November 24
A midweekly roundup of peak oil news, including:
-Developments this week
A midweekly roundup of peak oil news, including:
-Developments this week
As global energy production peaks, our consumer-driven society is being forced to rethink its values and creatively adapt to a less energy intensive world. Richard Heinberg, senior fellow of the Post Carbon Institute and author of The End of Growth joins Luke to discuss the end of consumerism.
In the last few years the IEA’s annual report has come to recognize that the next 25 years are unlikely to be anything like the last 25 and the report has become much more nuanced. Gone are the extreme predictions that the world will be consuming 50 percent more oil 25 years from now. In their place are forecasts that global oil production will depend heavily on what alternative policy paths are taken by major governments and how much ($38 trillion is necessary) will be spent to find and exploit fossil fuel resources in the coming years.
In recent years, we have heard statements indicating that it is possible to decouple GDP growth from energy growth. I have been looking at the relationship between world GDP and world energy use and am becoming increasingly skeptical that such a decoupling is really possible.
After my talk in Norwich last week, I met a local authority emergency planner, who said that he had found the talk, and the Transition take on resilience, very illuminating. He pointed me in the direction of the latest “Strategic National Framework on Community Resilience”, the latest “national statement for how individual and community resilience can work”, published by the Cabinet Office in March of this year. It is a fascinating document, and is indeed the first official government document on community resilience that refers explicitly to the Transition movement, and as such deserves a post reflecting on it. It also offers a tantalising glimpse into what a government response to peak oil, climate change and economic contraction might look like if anyone had the imagination to create one.
Big Oil’s campaign for energy complacency is picking up steam. They say tar sands and fracking are bringing a new era of plenty. But whatever happened to peak oil?
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Middle East in transition
-Turmoil in Europe
-The IEA’s World Energy Outlook 2011
-Quote of the Week
-Briefs
The following is the text of an address by Richard Heinberg to the Moana Nui Conference in Honolulu, November 12, 2011. Honolulu was concurrently hosting the Asia Pacific Economic Cooperation (APEC) Conference; as a response to that secretive international trade meeting, the International Forum on Globalization and Pua Mohala Ka Po collaborated to organize Moana Nui.
US oil prices rose this week on news that the glut of crude stocks at Cushing Oklahoma, which has depressed the benchmark WTI contract for months, may soon be drained. Enbridge is to buy the Seaway pipeline which runs from the Houston area to Cushing, and plans to reverse its flow.
A midweekly roundup of peak oil news, including:
-Developments this week
Day 2 of the ASPO-USA Truth in Energy conference continued the wide ranging discussion about our current energy predicament, the reasons society isn’t talking about it, and potential ways to begin preparing for a world with increasingly scarce liquid fuels.
– Investment firm to encourage Arctic drilling
– Climate change: there is no plan B
– Battle to Save an Unsung Fish Critically Important to Ocean’s Ecosystem (menhaden)
– Obama Re-election Strategy Is Tied to a Retreat on Smog
– BBC drops Frozen Planet’s climate change episode to sell show better abroad