Insight and inspiration in turbulent times.
Physicists and other hopefuls seek energy solutions on far off horizons. But what’s really needed are solutions that are available which will put folks back to work, move the economy and address energy resilience at the same time.
Oil prices surged again this week on news of tightening US crude stocks. Prices are remaining bullish despite concerns about the Eurozone, and Chinese manufacturing figures being at their lowest for two years, as the authorities there move to calm inflation…
Much has been made of the recent decision to tap the Strategic Petroleum Reserve (SPR). Some are for it, and others are against it. But there’s something missing in this discussion – something that affects our economy, the future of alternative energy, and the autonomy of local regions.
Dancing Rabbit Ecovillage in northeastern Missouri is one community pushing forward their own micro-scale energy research. Like most small villages, Dancing Rabbit isn’t filled with PhD qualified engineers. They’re ordinary people, some with interests in formal scientific research, some with a focus on organic farming or green building methods, so they decided to launch a renewable energy internship to encourage interested engineers and university-level engineering students into the community for a summer.
The fallout from the IEA’s recent decision to release 60 million barrels of oil reserves continued this week. OPEC members criticized the IEA for “breaching its own principles” and interfering with the market. Traders too seemed little impressed with the move as prices recovered last week’s losses, as Greece drew back from the brink. After all, 60 million barrels is less than a day’s global consumption.
If biomass can help power plant owners ease away from coal faster, that is certainly a good thing. The Dominion announcement is particularly relevant given the number of planned plant retirements in the coal industry – there are currently 190 generators around the U.S. set to be shut down, and there’s a dwindling appetite to replace them with more coal.
The oil market was plunged into turmoil as the IEA announced it will tap its strategic reserve for only the third time ever. The agency had hinted in the past months that it might be prepared to release stocks to offset the shortfall in production from the Libyan crisis, to calm prices and avoid a “hard landing” for the global economy.
Few places in the U.S. are as well suited to developing renewable energy as the contaminated sites known as “brownfields.” But as communities from Philadelphia to California are discovering, government support is critical to enable solar and wind entrepreneurs to make use of these abandoned lands.
Through the clouds of wishful thinking that too often make up what we are pleased to call a collective conversation on the subject of energy, a ray of common sense occasionally shines through. This week’s ray came by way of a study on the Earth’s thermodynamic balance, soon to be released in no less a scientific publication than the Proceedings of the Royal Society. The study found among other things that there’s a fairly modest upper limit to the amount of energy that wind farms can extract from the atmosphere without changing the climate.
“Because money talks and BS walks, if the hydrogen economy was an apprentice working for Donald Trump, it would’ve been fired in the first season.” This is just one of the pearls of wisdom from Transition Voice’s new “Snarky Guide to Peak Oil.” It’s got the facts you need to debunk energy myths and the attitude you need to defuse a heated discussion with a smile.
On June 6 and 7, I attended Opal Financial’s Clean and Green Investment Forum. I was invited to take part in a panel on “Green Energy in Emerging and Frontier Markets”. The forum brought together clean tech entrepreneurs and investors as well as a few academics and analysts and proved very stimulating. The overall vibe was one of optimism and opportunity — we’re talking entrepreneurs and investors here.
Dubbed French version of Dubbed French version of the PCI video ‘300 Years of FOSSIL FUELS in 300 Seconds’. L’histoire humaine des 300 dernières années dont le développement repose sur les énergies fossiles.
