ODAC Newsletter – Feb 5
In a busy week for energy policy, UK energy watchdog Ofgem finally acknowledged what has been obvious for years: that liberalized markets cannot deliver energy security in the era of carbon reduction and resource depletion.
In a busy week for energy policy, UK energy watchdog Ofgem finally acknowledged what has been obvious for years: that liberalized markets cannot deliver energy security in the era of carbon reduction and resource depletion.
One way of looking at our current set of predicaments is that we’ve been on a binge, consuming energy considerably faster than it can be captured and stored by Earth’s ecosystems. While fossil fuels once appeared limitless (and still do to deniers of peak oil), and though we’re literally bathed in energy (in the form of sunlight), the disappearance of the fossil-fuel storehouse accumulated over millions of years isn’t something that can be replaced with anything nearly as convenient as fossil fuels.
-How long before the lights go out?
-Peak Oil Theory: implications for Australia’s strategic outlook and the ADF
-The Iraqi Oil Conundrum
-A New Clean Economy — With Old Sources of Energy
-Business as Usual: Hooked on Foreign Oil
-Stop the Green Tech Coup, Military Industry on the Offensive
Peter Tertzakian has a double education in geophysics and economics and is “Chief Energy Economist” at a Canadian energy investment company. His book “A Thousand Barrels a Second: The Coming Oil Breakpoint and Challenges facing an energy dependent world” was published in 2007, but was, based on the contents of the book, presumably written up around 2005.
-Shell stakes green future on sugar biofuel in $2bn Brazil venture
-Obama Set to Outline Biofuels Strategy
-Biofuel requirements for cars may help destroy the rainforest, watchdog says
-Biofuels: the Biggest Supply Response to the 2000s Oil Shock
-Energy bills will be unaffordable without system overhaul, says regulator
-Is the world awash in oil?
-Demand for oil will peak by 2030 – BP chief
-Windfarm boost for north-east industry
-China Leading Global Race to Make Clean Energy
-Government to reward renewable energy homes with higher feed-in tariffs
-IMF plans $100bn injection into economy to fund energy efficiency
-Wind Power Grows 39% for the Year
-Powering a Green Planet: Sustainable Energy, Made Interactive
Firewood as a residential heating fuel is rarely mentioned in energy policy discussions. When discussed at all, the conversation usually centers around how to restrict wood burning because of the pollution created by users of bad equipment and bad fuel. But considering its many advantages, a better strategy would be to promote the ways its smoke emissions can be reduced.
Jeff Rubin, former chief economist at Canadian investment bank CIBC World Markets, is not your typical economist. He gets peak oil…And now, in his bestselling book Why Your World Is About to Get a Whole Lot Smaller, he argues that oil prices, temporarily dampened by the deepest post-war recession on record, will soon be vaulted to new highs as the economy begins to recover, which in turn will thrust the world into yet another recession right on the heels of this one.
A weekly roundup of peak oil news, including:
-Prices and Production
-Is the US Economy Recovering?
-Venezuela’s Auction
-Quote of the Week
-Briefs
-Depletion of Key Resources: Facts at Your Fingertips
-Cities, peak oil, and sustainability
-Reconsidering Cities
-Peter Newman: The Crash, Peak Oil and Resilient Cities
-Where do we go from here?
-Investors add spice to rising food prices
-God, Keynes, and Clean Energy
-Peak Autos: America’s Love Affair with the Automobile May Be Coming to an End
-Pavan Sukhdev: you can have progress without GDP-led growth
-What Can We Learn from Gift Economies?