Archive for the ‘Peak Oil’ Category

Alternative Energy Suddenly Faces Headwinds

Wednesday, November 12th, 2008

- I’m not surprised.

- When we had tons of cheap energy, we couldn’t be bothered to even think about preparing with alternative energy for when we didn’t.  That’s a shame because we could have prepared then for the future with out much fuss or muss.

- And when energy got to be a bigger deal and folks stated talking about Peak Oil and the end of cheap energy,  all the obfuscators stood up and grabbed the mike and said, “Hey, there’s no problem, the greens are just hallucinating - don’t let those worry warts spoil your party - just keep buying our oil and gas.”  It would have been harder then to have prepared to switch to alternative energy, but, with effort, we could have done it.

-  Now, that the shit’s hit the fan with the economy, we’re hearing that, “We’re too preoccupied with fixing the economy to worry about alternative energy, the environment and a host of other problems you folks have been raving about for years - we’ve got an economy to fix here.    After that, we can come back and do something, perhaps, reasonable about these other problems.”

- Yeah right.   Personally, despite all the talk and all the good reasons for doing so, I don’t think there was EVER a time when humanity was going to stand up and do the right thing and begin a fundamental switch to alternative and sustainable energy sources.

- We’re not going to begin to consider it seriously until our hair’s on fire and it is far too late to switch without a huge transition gap between the energies we’re using now and the one’s we’ve yet to build.   And that transition gap is gonna be a son of a bitch.

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HOUSTON — For all the support that the presidential candidates are expressing for renewable energy, alternative energies like wind and solar are facing big new challenges because of the credit freeze and the plunge in oil and natural gas prices.

Shares of alternative energy companies have fallen even more sharply than the rest of the stock market in recent months. The struggles of financial institutions are raising fears that investment capital for big renewable energy projects is likely to get tighter.

Advocates are concerned that if the prices for oil and gas keep falling, the incentive for utilities and consumers to buy expensive renewable energy will shrink. That is what happened in the 1980s when a decade of advances for alternative energy collapsed amid falling prices for conventional fuels.

“Everyone is in shock about what the new world is going to be,” said V. John White, executive director of the Center for Energy Efficiency and Renewable Technology, a California advocacy group. “Surely, renewable energy projects and new technologies are at risk because of their capital intensity.”

Senator Barack Obama and Senator John McCain both promise ambitious programs to develop various kinds of alternative energy to combat global warming and achieve energy independence.

Mr. Obama talks of creating five million new jobs in renewable energy and nearly tripling the percentage of the nation’s electricity supplied by renewables by 2025. Mr. McCain has run television advertisements showing wind turbines and has pledged to make the United States the “leader in a new international green economy.”

But after years of rapid growth, the sudden headwinds facing renewables point to slowing momentum and greater dependence on government subsidies, mandates and research financing, at a time when Washington is overloaded with economic problems.

More… :arrow:

- This article is from the NY Times and they insist that folks have an ID and a PW in order to read their stuff. You can get these for free just by signing up. However, a friend of mine suggests the website bugmenot.com :arrow: as an alternative to having to do these annoying sign ups. Check it out. Thx Bruce S. for the tip.

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Bags packed for doomsday

Tuesday, September 30th, 2008

- I’ve been on for sometime about New Zealand, as any long term reader of this Blog knows.   Indeed, my wife and I have secured resident visas for NZ as a sort of insurance policy.  

- This means that we now have the permanent right to live there, if we want to for the rest of our lives.  And, we may well do so when we’re ready to retire. 

- If the world begins to crumble as a result of the numerous threats that I an others have detailed, then moving there will certainly look like a good move.

- We’re not the only folks to think so.   I came across a reference to the article, below, on a friend’s Blog and I found it interesting reading, indeed.

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Is the end really, finally nigh? And if it is, what are you going to do about it? John McCrone meets some South Islanders who are getting ready for the end of the world as we know it.

The ‘twin tsunamis’ of global warming and peak oil could spell TEOTWAWKI - the end of the world as we know it - and already, quietly, some people are getting prepared because they believe we are talking years rather than decades.

Helen, a petite 42-year-old Nelson housewife, is racing to build her own personal TEOTWAWKI lifeboat.

Earlier this year, she and her American husband cashed-up  to buy a 21ha farm in a remote, easily defensible, river valley backing onto the Arthur Range, north-west of Nelson.

The site ticks the right boxes. Way above sea level. Its own spring and stream. Enough winter sun. A good mix of growing areas. A sprinkling of neighbouring farms strung along the valley’s winding dirt-track road.

The digger was to arrive this week to carve out the platform for an adobe eco-house. A turbine in the stream will generate power. A composting toilet will deal with sewage.

Then there is the stuff that could really get her labelled as a crank (and why she would prefer to remain relatively anonymous, at least until she is completely set up). Back at her rented house in Nelson, Helen shows the growing collection of horse-drawn ploughs, wheat grinders, treadle sewing machines and other rusting relics of the pre-carbon era, she believes she will need the day the petrol pumps finally run dry.  here is the library of yellowing books from colonial times, telling how to make your own soap, spin candlewicks, care for clydesdale horses.

More… :arrow:

- research thanks to Brian C.

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Food prices ‘help tip 75 million into hunger’

Friday, September 19th, 2008

Rising food prices are partly to blame for adding 75 million more people to the ranks of the world’s hungry in 2007 and lifting the global figure to roughly 925 million, the UN’s food agency says.

Jacques Diouf, head of the UN Food and Agriculture Organisation (FAO), presented the figure to Italy’s parliament ahead of the release of an official report on Thursday.

The latest data further distances the international community from reaching UN Millennium Development Goals that include halving hunger and poverty by 2015.

Diouf estimated that 850 million people were hungry before the 2007-2008 spike in food prices, which sparked widespread protests and even riots in the most affected nations.

The FAO hosted a food crisis summit in Rome in June to discuss ways to combat high food prices, blamed on poor harvests, high oil costs, biofuels and rising demand for basic staple crops, especially from fast-growing Asian countries.

More… :arrow:

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Conflict fear over Arctic borders

Wednesday, September 17th, 2008

- Not the first time I’ve written on this and I doubt it will be the last.

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A senior US Coast Guard commander has warned of the risk of conflict in the Arctic, unless disputes over international borders are resolved.

Speaking to the BBC during an Arctic patrol flight, Rear Adm Gene Brooks, in charge of the Coast Guard’s vast Alaska region, appealed for a diplomatic deal.

“The potential is there with undetermined boundaries and great wealth for conflict, or competition.

“There’s always a risk of conflict,” Adm Brookes said.

He added that this was especially the case “where you do not have established, delineated, agreed-upon borders”.

Russia is staking the largest claim to the Arctic, after planting a flag at the North Pole last summer, but Denmark, Norway, Canada and the United States are all involved in border disputes as well.

The admiral’s warning comes as the Arctic sea-ice has, for a second year running, retreated far more dramatically than the long-term average. The latest satellite analysis shows this year’s melt closely following last year’s record thaw.

More… :arrow:

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Arctic Map shows dispute hotspots

Thursday, September 4th, 2008

British scientists say they have drawn up the first detailed map to show areas in the Arctic that could become embroiled in future border disputes.

A team from Durham University compiled the outline of potential hotspots by basing the design on historical and ongoing arguments over ownership.

Russian scientists caused outrage last year when they planted their national flag on the seabed at the North Pole.

The UK researchers hope the map will inform politicians and policy makers.

“Its primary purpose is to inform discussions and debates because, frankly, there has been a lot of rubbish about who can claim (sovereignty) over what,” explained Martin Pratt, director of the university’s International Boundaries Research Unit (IBRU).

“To be honest, most of the other maps that I have seen in the media have been very simple,” he added.

“We have attempted to show all known claims; agreed boundaries and one thing that has not appeared on any other maps, which is the number of areas that could be claimed by Canada, Denmark and the US.”

More… :arrow:

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Arctic has 90bn barrels of crude

Monday, August 4th, 2008

- I suppose this is a case of good news / bad news.

- The good news is there is oil to be pumped and used and the world sorely needs more oil.

- The bad news is that we can now get at this oil because of global warming.

- The bad news is that it isn’t clear who ‘owns’ this oil as I wrote about here in September of 2007 and this may lead to political and military confrontations.

- The bad news is that finding more oil means that we can continue to dodge the energy bullet and continue to burn oil and put more CO2 into the atmosphere.

- Perspective is always good. Here’s some:

- As of 2005, we were using 30 billion barrels of oil per year. At that rate, these new arctic supplies will last three years.

- Is this discovery significant? Yes, as of 2005, only about 4 billion barrels of new oil per year were being discovered.

- This information is from here: :arrow:

- - - - - - - - - - - - - - - - -

The Arctic holds as much as 90bn barrels of undiscovered oil and has as much undiscovered gas as all the reserves known to exist in Russia, US government scientists have said in the first governmental assessment of the region’s resources.

The report is likely to add impetus to the race among polar nations, such as Russia, the US, Denmark, Norway and Canada, for control of the region.

The US Geological Survey believes the Arctic holds 13 per cent of the world’s undiscovered oil, while 1,669,000bn cubic feet of natural gas is equivalent to 30 per cent of the world’s undiscovered gas reserves.

“The extensive Arctic continental shelves may constitute the geographically largest unexplored prospective area for petroleum remaining on earth,” the USGS said.

Last August Russia planted its flag on the seabed 4km under the North Pole raising fears of a rush to grab the Arctic’s mineral resources, particularly its oil and gas deposits. Denmark in May called a summit of the five Arctic powers in Ilulissat, Greenland, to try to restrain competition and reiterate the countries’ joint commitment to the United Nation’s Law of the Sea Convention that governs territorial waters.

Commercial interest in exploiting the Arctic has also increased, with Royal Dutch Shell, the Anglo-Dutch energy group, pushing to help Russia develop gas from the Yamal region, and Total winning the right to do so at Russia’s giant Shtokman gas field.

In the US, companies are pushing ever further into the Arctic regions of Alaska, while Denmark has attracted a number of large companies interested in exploring for oil and gas off the coast of Greenland.

More… :arrow:

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Rising Oil Prices Swell Profits at Exxon and Shell

Thursday, July 31st, 2008

HOUSTON — Exxon Mobil, the world’s largest publicly traded oil company, reported on Thursday its best quarterly profit in history, but investors sold off shares in morning trading after expecting even higher earnings because of soaring oil and natural gas prices.

Record earnings for the world’s largest publicly traded oil company have become almost as predictable as the surge of gasoline prices at the pump in recent years, and for the second quarter income rose 14 percent, to $11.68 billion.

It was the highest quarterly profit ever for any American company, as Exxon made nearly $90,000 a minute.

Such profits have made Exxon Mobil a target of politicians in recent years, propelling calls for windfall profits taxes to finance research and development for renewable fuels to replace oil.

The principal reason for the company’s banquet of riches is rising fuel prices. Crude oil prices in the second quarter averaged more than $124 a barrel, 91 percent higher than the same quarter in 2007, according to Oppenheimer & Company. Natural gas prices averaged $10.80 per thousand cubic feet, up 43 percent from the quarter a year ago.

But while high energy prices brought Exxon $10 billion in earnings from selling oil in the quarter, up about $4.1 billion or nearly 70 percent, not everything in its earnings report heartened investors. The company reported that its oil production decreased 8 percent from the second quarter of 2007, largely because of an expropriation of Exxon assets by the Venezuelan government and labor strife in Nigeria.

The company spent $7 billion, or nearly 40 percent more than the same quarter last year, to find and produce oil from new fields.

More… :arrow:

- This article is from the NY Times and they insist that folks have an ID and a PW in order to read their stuff. You can get these for free just by signing up. However, a friend of mine suggests the website bugmenot.com :arrow: as an alternative to having to do these annoying sign ups. Check it out. Thx Bruce S. for the tip.

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Letter to a young idealist

Sunday, July 20th, 2008

R.,

A few more thoughts along the same lines I talked about previously.

All of humanity’s history has been a series of incremental advances along multiple paths; business, social organization, military, agriculture, technological, etc. In all of this, the thought has primarily been to advance, empower and grow.

Now, for the first time in humanity’s history, we have filled the planet and have begun to hit various unyielding limits; water, food, oil, pollution, as well as limits having to do with how much impact we can have on the biosphere without causing huge shifts in the demographics of various species and even causing their extinctions.

It is clear, if humanity wants to continue to live indefinitely on this planet, that we are going to have to shift from a growth and advance strategy in all we do to one predicated on establishing a steady-state and sustainable balance with the biosphere around us.

We cannot use renewable resources faster than they can regenerate. We cannot occupy more of the planet’s surface than is consistent with allowing the rest of the planet’s biology to exist and flourish. These both imply that our population has to come down to some sustainable number and be held there. We have to come up with ways to govern ourselves that are consistent with establishing and maintaining these essential balances. Nation against nation, system against system is not compatible with long term survival. The ultimate goal and purpose of government in an enlightened world should be to secure all of our futures (we and all the rest of the planet’s biology) and maintain the balance.

We could, if we cut our population to sustainable levels and learned to live within a sustainable footprint on this planet, exist here for tens of thousands of years and maintain a decent quality of life for all those who are alive at any specific point in time. We do not have to give up comfort or technology - we just have to dial our impact on the planet back to sustainable levels and stay with in those levels.

Anything that the Gates Foundation or any other forward looking organization works on that does not include long term goals like these is likely in the big picture to just be a shuffling of our problems from one place to the other rather than a real indefinite-term planet-wide solution to how our species is going to solve the problem of learning to live here without fouling our nest for ourselves and all the other species that depend on this planet’s biosphere.

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Upsetting the oil drum

Saturday, June 21st, 2008

The big push from the hard right is that the solution to our gasoline problem is unlimited drilling in the United States. This is roughly like saying the solution to losing your 100,000 dollar a year job is to fish harder for coins under your couch.

The global consumption of oil is roughly 86.8 million barrels per day. The meme the right is pushing, as always, is ANWR and unrestricted coastal drilling. The best estimates of unrestricted drilling in the US put about 25 billion barrels of oil, which sounds like a great deal, until you realize that this is less than a year of global oil demand. The reality is that the United States is the most drilled in area of the world, having had the petroleum economy more, longer, and harder, than any other place in the world. If there were easy oil to be had, we would have it.

The cost of that effort is not making things that we can sell for oil that is much easier to get at. The cry of ANWR for ever is the Republican Party telling everyone that they have no faith in the American worker, the American entrepreneur, or the free market system. It is them telling everyone that Americans cannot make things the rest of the world wants to buy. Import substitution does not in general work, because it is almost always more expensive than trading, and focusing on what can be done better inside the national unit, rather than trying to do less worse at what it does worst.

Let me repeat that. ANWR forever is a giant middle finger at everyone who works in America at any job that exports.

More… :arrow:

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The organisation of denial: Conservative think tanks and environmental scepticism

Saturday, June 21st, 2008

This worrisome research article has appeared in a peer reviewed journal. It’s not telling us anything that we didn’t already know, but it does catalogue the situation and help us steer clear of the hyperbole.

Environmental scepticism denies the seriousness of environmental problems, and self-professed ’sceptics’ claim to be unbiased analysts combating ‘junk science’. This study quantitatively analyses 141 English-language environmentally sceptical books published between 1972 and 2005. We find that over 92 per cent of these books, most published in the US since 1992, are linked to conservative think tanks (CTTs). Further, we analyse CTTs involved with environmental issues and find that 90 per cent of them espouse environmental scepticism. We conclude that scepticism is a tactic of an elite-driven counter-movement designed to combat environmentalism, and that the successful use of this tactic has contributed to the weakening of US commitment to environmental protection.

More… :arrow:

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