Peak oil review – Jan 25
A weekly roundup of peak oil news, including:
-Prices and Production
-Venezuela
-China continues to grow
-Quote of the week
-Briefs
A weekly roundup of peak oil news, including:
-Prices and Production
-Venezuela
-China continues to grow
-Quote of the week
-Briefs
Oil prices dropped this week on rising US inventories, a strengthening dollar, and news of a further crackdown on credit in China. Speaking from the World Future Energy Summit in Abu Dhabi this week, Richard Jones, Deputy Executive Director of the IEA predicted that there would be little price volatility in 2010 as existing supplies and stock build ups would balance demand.
-Do soot emissions mean that wood heating causes global warming?
-Bavarian prince hits resistance over plans for giant solar park
-Companies team up with Abu Dhabi over green jet fuel
-Hybrid Cars Won’t Save Much Oil
During the Second World War, almost every motorised vehicle in continental Europe was converted to use firewood. Wood gas cars (also known as producer gas cars) are a not-so-elegant but surprisingly efficient and ecological alternative to their petrol (gasoline) cousins, whilst their range is comparable to that of electric cars.
A weekdly roundup of peak oil news, including:
-Prices and production
-Record Asian demand
-The Alberta oil sands
-Quote of the week
-Briefs
Oil prices began the year with a rally, reaching nearly $84 a barrel as temperatures across much of the northern hemisphere required the heating to be turned up a notch.
-Earth-Friendly Elements, Mined Destructively
-Loans to Boost Nuclear Industry Seen Coming Soon
-Wood Heating and Energy Literacy
Because forecasts of abundant fossil fuel supplies far into the future have been embedded in public policy and business planning worldwide, we have made our entire global society dependent on getting these forecasts right. If they turn out to be too optimistic, then we could all be in for serious trouble. Since long-term energy forecasts–and really any long-term forecasts–are difficult if not impossible to get right, perhaps we should consider making society forecast-proof insofar as that is possible.
When visitors ask what our main crop is on our little farm, they look a bit startled when I reply “wood.” They look even more startled when I say the reason wood is important to us is that it brings tranquility to our lives.
It was the pivotal international conference of the new century. Tens of thousands showed up, including heads of state, officials at all levels of government, representatives of environmental organizations, and ordinary citizens from nearly 200 countries. Scientists had warned that, without a strong agreement to reduce carbon emissions, the consequences for civilization and the world’s ecosystems would be cataclysmic.
One does not have to know anything with certainty in order to decide on policy. In fact, policy is always based on incomplete information about the past and guesses about the future. What policymaking requires, especially in critical areas such as future energy supply, is humility and therefore caution.
-OPEC leaves oil production unchanged
-EIA Energy Outlook 2010 Reference Case Projects Moderate Growth in US Energy Consumption, Greater Use of Renewables, and Reduced Oil and Natural Gas Imports
-Iraq will double exports to China to satisfy thirst for oil