Has the theory of peak oil peaked?

Sure looks that way from the available evidence. It’s comforting that, yet again, the doom and gloom crowd gets it wrong. Now, onto dealing with carbon emissions … grist

Chinese Scientists Make Future Energy Suggestions

After comprehensive studies, a panel of CAS Academic Divisions recently made advice on the long- and medium-term development strategy for energy sources that can supplement or substitute petroleum in China. azom

Sound waves turn natural gas into liquid

Worldwide, 100 billion cubic meters of natural gas is wasted every year. Now, the Denver-based company Swift LNG aims to turn that gas into a usable liquid fuel with a thermoacoustic natural gas liquefaction technology just licensed from Los Alamos National Laboratory. physorg

Reserves are depleted, except in Russia

BP suffered a one billion barrel decline in its oil and gas reserves last year, according to figures in its annual report, a loss only partially made up by its Russian arm, the joint venture TNK-BP which was the only oil province in which BP added substantial fuel to its tank. timesonline

Giving up oil

Like eternal sunshine or perpetual motion, a world beyond oil is something that sounds delightful but implausible. Society has become so addicted to the black stuff that the habit seems permanent. But if that turns out to be true then all the bold talk about tackling change means little. Technologies such as carbon capture and […]

Bank of America Announces $20 Billion Environmental Initiative

Bank of America Corporation announced today a $20 billion initiative to support the growth of environmentally sustainable business activity to address global climate change. Bank of America’s ten-year initiative encourages development of environmentally sustainable business practices through lending, investing, philanthropy and the creation of new products and services. yahoo

Solar Energy Conversion Offers A Solution To Help Mitigate Global Warming

Solar energy has the power to reduce greenhouse gases and provide increased energy efficiency, says a scientist at the U.S. Department of Energy’s Argonne National Laboratory, in a report published in the March issue of Physics Today. Last month, the Intergovernmental Panel on Climate Change (IPCC) of the United Nations released a report confirming global […]

Renewable Energy, Efficiency Pay Off In Long Term

A study released Tuesday on energy said renewable energy and energy efficiency can buy enough time to create power sources of the future, without falling back on polluting programs of the past. The result could be more money in your pocket. “It’s over. Coal is over, and we need to embrace a clean-energy future,” said […]

The Oil Drum EU: Saudi Arabia and that $1000 bet: Is Saudi Really in Decline?

In the last decade, monthly Saudi Arabian oil production has undergone cyclic decline on 4 occasions – 1998, 2001, 2003 and 2006. So how can anyone be sure that the present production decline signals a terminal slide in Saudi production?Much more after the jump to The Oil Drum EU.

North Sea under Fire from Peak Oil

The North Sea peaked more than eight years ago. And peak oil has disrupted the North Sea’s oil production to the point that the UK is scrambling to exploit its vast reserves. But will they abandon their aging fields for greener arctic oil pastures? In the early 1960s, Britain’s hope of becoming self-sufficient in oil […]

How to change the world in 10 easy steps

…So I offer 10 strategies for how to win the peak oil and climate change PR battle and change our society and the world. This is not something I can do by myself – so some of you had better get to work on this stuff. I will point out that I have ethical issues […]

Can the military go green?

…Can militaries the world over go green? Yes, in facilities and buildings. And No, not in platforms (war machines). Instead of wishful thinking we should face the bitter realities. It is oil that runs about 11,000 US military aircrafts and helicopters, 200 combat and support ships, nearly 200,000 tracked and wheeled vehicles and 187,000 fleet […]

Iran Still Enriching Uranium…and Looking for Higher Oil Prices

…Iran’s economy is set to collapse under the weight of its energy situation. Despite holding the third-largest global oil reserves, Iran’s rising consumer appetite is driving its energy exports down. Over the last three decades, Iran’s population doubled to almost sixty-nine million people. And due to a lack of refining capacity, they must import 40% […]

North Sea Oil’s Rapid Decline

Fast shrinking North Sea oil production has caught even the Treasurys forecasters wrong-footed says Brian Durrant of The Fleet Street Letter…but theyre part of the problem… Below are extracts of the minutes of a Treasury Select Committee meeting on 13 December 2006 where Michael Fallon MP (Conservative, Sevenoaks) asks the Chancellor about his the shortfall […]

CHALLENGES, THREATS, AND OPPORTUNITIES FOR SUSTAINABLE AGRICULTURE, Part I

World agriculture appears to be approaching a crossroads. Worldwide, it covers about 1.5 billion hectares with cropland, 91 percent of which is mostly monocultures of major annual crops. Massive increases in the production of five major commodities In addition to representing an extreme form of simplification of nature

Iraq Oil Law Details Untouched Fields, Blocks -Document

Iraq’s draft hydrocarbon law, the centerpiece in the development of the country’s shaky oil industry, details dozens of untouched oil fields loaded with proven reserves and scores of exploration blocks that may prove a magnet to international oil companies, according to a document seen by Dow Jones Newswires. Development of the long-delayed draft law has […]

GM targets 2010 production for electric car

GENEVA – General Motors Corp has set a target for production of an all-electric car in 2010, GM A running Volt prototype is expected by the end of 2007, he said, adding that GM would take the unusual step of opening much of its development process to the media.

Is it Trouble Yet?

What would a 21st-century depression look like? We have all seen those stark black and white photos and grainy newsreel clips of the 20th century depression 80 years ago. But it’s unlikely a worldwide finanical collapse today would repeat that script heartbreak by heartbreak. The answer is I don’t know. And neither does anyone else. […]

Al-Qaeda Claims Deadly Attack on Russians in Algeria

Al-Qaeda’s branch in North Africa claimed responsibility for a attack on Russian gas workers in Algeria, in an internet message, saying it was to avenge Russia’s actions in Chechnya. “Mujahedeen (Islamic warriors) using a high intensity bomb targeted the convoy of Russian infidels working for the Russian company Stroytransgaz,” according to the statement signed by […]

Wisdom of the land

BUENA VISTA, CO …

Qatar: Expert calls for tapping solar energy

Qatar, which gets abundant sunshine, should tap solar energy and reduce the use of fossil fuels, noted environmentalist and a world leader in sustainable ecology Dr David Suzuki has suggested. Dr Suzuki, also an award-winning genetic scientist, broadcaster, and chair of the David Suzuki Foundation, was the keynote speaker at Tasmeem Doha 2007, the fourth […]

Russia ready to expand ties with Chile, build nuclear plants

BUENOS AIRES, March 6 (RIA Novosti) – Russia and Chile intend to expand bilateral trade and economic relations, including scientific and technical cooperation, a Russian deputy foreign minister said Tuesday. “Trade between our countries is worth $185 million, which obviously does not reflect Russia’s or Chile’s burgeoning economies,” Sergei Kislyak told a news conference at […]

The New Great Game: Opportunities for Trans-Atlantic Cooperation in the Caspian

Natural resources in the Caspian region are vital to the European Union’s future energy policy. Though the United States has been focusing on the region since the 1990s, European decision-makers have largely neglected its strategic importance. In July 2006, the Baku-Tbilisi-Ceyhan (BTC) Pipeline, which runs from the Caspian port of Baku, through Azerbaijan and Georgia […]

Food sector vulnerable to emergencies, says study

Being lean and mean in the food and drink manufacturing sector might pay off in terms of profits, but the practice has left the supply chain vulnerable to a crisis, according to a UK government report. The government-commissioned report concludes that the drive for efficiency and the just-in-time philosophy used by the industry has progressively […]

The Oil Drum: A Simple Oil Production Estimate for 2007

Following a summary of EIA data for 2006, I thought I would make a more detailed country-by-country estimate of the potential for 2007.Much more after the jump to The Oil Drum.

New success in engineering plant oils, replacing petrochemicals

…Potentially, the technique allows for a finetuned ‘economy’ of engineered oils, in which the metabolism of the seeds of oil bearing plants and the biosynthesis of the enzymes they rely on, is managed in such a way that it yields the ideal type of oil suited for the production of a particular product, be it […]

IEA chief economist: EU, US should import biofuels from the South

President Bush visits Brazil this week and is expected to hear President Lula lobbying him to end American ethanol tariffs. Brazil’s push is now receiving the support from an unlikely quarter – the authoritative International Energy Agency (IEA), the independent energy adviser to 26 of the most industrialized nations. The IEA understands its case: it […]

Why the Free Market Fails Consumers in Sustainable Energy Innovation

Let Free markets love non-renewable energy sources because they are readily controlled. In countries where mineral rights are privately owned (only the US and Canada), these resources can be controlled via property rights. In the rest of the world, they can be controlled equally easily through exclusive contracts with governments. But renewable energy presents a […]

Asian pollution affects Pacific storms

Pollution from Asia is helping generate stronger storms over the North Pacific, according to new research. Changes in the North Pacific storm track could have an impact on weather across the Northern Hemisphere. Satellite measurements have shown an increase in tiny particles generated from coal burning in China and India in recent decades, researchers report […]

Spanish cars to use different type of juice

The orange groves of Valencia could soon be powering Spanish cars as a new technology is developed to turn the fruit’s thick, shiny peel into biofuel. In a region with 190,000 hectares covered with oranges and lemons – many of which are left to rot on the trees – citric-powered cars could reduce pollution while […]

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