Oil

The ecocide trial

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The UK Supreme Court hears appeal cases of huge constitutional significance, the outcomes of which often ricochet through the political arena, challenging the status quo, and shifting societal perceptions. It is fitting then, that on 30th September 2011 this grand building in Parliament Square provided a stage for the hearing of Regina v Bannerman & Tench. In this mock trial, two CEO’s stood accused of aiding and abetting the crime of ‘ecocide’. Currently just a conceptual crime, ecocide has been submitted to the UN for consideration as the fifth crime against peace (alongside genocide, war crimes, crimes of aggression and crimes against humanity).

Zalmay Khalilzad’s not-so-excellent Afghan oil adventure

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The private investment firm of Zalmay Khalilzad, the former U.S. ambassador to Afghanistan and one of the most powerful diplomats in the George W. Bush Administration, is upset that a client has lost an oil deal in the country. Khalilzad’s son, Alexander Benard, is on the attack in Washington, in particular against the Pentagon, which he says acted against U.S. interests by not advising the Afghan government to favor Western companies in the deal.

Yes, refine oil sands crude right here

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As soon as former premier Peter Lougheed notified the country that he thought the controversial Keystone XL pipeline was a bad deal for Alberta, the experts got all flustered and expressed their usual shock and dismay. Yet Lougheed’s declaration was elegantly simple. “We should be refining the bitumen in Alberta and we should make it public policy in the province,” he told the CBC.

Three strikes and you are out? – commentary

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Daniel Yergin, whom the media have consistently designated as one of the world’s premier experts on energy matters–and who has a consistent track record of predicting higher oil production levels–has been very visible of late, especially with a in the Wall Street Journal, focused on why concerns about Peak Oil are misplaced. I thought that it would be useful to review how some of Mr. Yergin’s prior predictions regarding oil prices, production and exports in the 2004/2005 time frame have turned out, now that we have several years of post-2005 price, production and export data. Following is a brief summary.

The new recession

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We’re at the end of growth. Growth of the economy, of consumption, of wealth. That this would happen isn’t news to those who’ve followed the writings of Meadows, Heinberg, and many others. What’s different now is that it may have actually arrived. I’d like to briefly look at our current situation in this context and synthesize the various ideas we explored in previous posts.

“Drilling Down”: Tainter and Patzek tell the energy-complexity story

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Joseph Tainter and Tadeusz Patzek are authors of a soon-to-be-released book called”Drilling Down: The Gulf Oil Debacle and Our Energy Dilemma.” This book is not simply the story of the Gulf oil spill (although it does tell this story, quite well). Tainter and Patzek use the story of Gulf oil spill as the background for discussing the energy-complexity spiral, and its relationship to this accident.

Crisscrossing the Rubicon of peak oil

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Even as symptoms of peak oil begin to manifest themselves, the public remains ignorant that stringency in oil supplies lies at the heart of them (though peak oil is admittedly part of a complex web of problems related to our broader energy and resource use). Why is this so?

From the long view the level of oil production on a graph in this decade may well look like a peak. But from closer in, as we experience it day to day, month to month, and year to year, production may seem to be on a long, bumpy plateau.

Tough Oil: Five public health challenges of petroleum scarcity

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“There are no solutions, only responses,” says EHS professor Brian Schwartz, co-director of the Program on Global Sustainability and Health and a nationally recognized expert on the health consequences of peak oil. “You can deny climate change forever, but you can’t deny the rising price of oil. The limitations to ever-increasing production are a geologic reality.”

The coming era of petroleum scarcity is “probably the most underreported issue of our time,” says Schwartz, MD, MS. He and Bloomberg School colleagues have spent much of the past decade looking at how ever-more-costly petroleum will affect some of the key drivers of public health, and what strategies we should adopt now to minimize future health consequences.