Paying the Peak Oil Power Bill

The real issue is not whether “our oil is under their sand,” but the fact supplies of oil and gas worldwide are nearly at the point where they will no longer be able to easily meet demand. The shorthand term for this reality is “peak oil,” or “peak fossil fuels.” At a press briefing last […]

Fuse farm, energy policy to help rural areas, nation

Congressional consideration this summer of energy legislation and a new farm bill at first blush appears to be isolated undertakings. But they should not be. If Congress approaches these two bills strategically, it can save taxpayers money, dramatically expand renewable energy and reduce greenhouse-gas emissions. An economically vibrant future for American agriculture will require a […]

Oil market’s rally is a classic case of fear

…Then there’s the theory of peak oil — the notion that any finite resources will have a beginning, middle and end of production, according to PeakOil.com. “The theory of peak oil is no longer just theory,” said Kevin Kerr, editor of Global Resources Trader, a newsletter of MarketWatch, the publisher of this report. “As the […]

Intact Harvester

These days it seems you can’t turn on the TV or read a newspaper without being confronted with yet another news item about the problem of climate change. Again and again we hear about how COThe diagram above shows a machine that would replace the combine harvester and after swathing or spraying with roundup to […]

The Geopolitics Of Global Warming: Russia, The North Pole And Peak Oil

The Coming Arctic Oil Rush Is Only One Way Global Climate Change Is Changing Global Power So Russia planted a titanium flag in the sea floor at the North Pole. Its citizens celebrated, spurred on by propaganda on state-owned media. Canada scoffed at its Arctic neighbor But the spectacle is only part of this story. […]

Peak Oil Passnotes: To Sir With love

The U.K. has a problem: Its local oil and gas have peaked. There is no argument, it is not heresy in the local industry and you can say it without being dragged out of your office and exposed as a communist. U.K. North Sea production peaked some years back at about 3 million barrels per […]

The Renewables Revolution Will Not Be Televised

Gil Scott-Heron’s 1970 classic poem about race relations could just as easily be about the renewable energy revolution that is now well underway. To be sure, there have been some recent moments when the media turned its focus on energy. Like when President Bush proclaimed that we are “addicted to oil.” Or like this week, […]

The Oil Drum: Updates on the Energy Bills and a New Version of the RPS

Two updates: 1. The House Rules Committee has taken testimony on all of the amendments and is prepared, but hasn’t yet scheduled a meeting to vote on the Rule for consideration of the energy bills. It is still possible for the House to take up the energy bills later today. 2. About the Udall RPS, […]

Positive energy

The terrifying prospect of a post-oil future: no more ready meals, traffic jams or lonely nights in front of television. …Anyway, I was asked to give a presentation on the likely impacts of climate change for the work and operating methods of the community. I began by describing the various ways in which we as […]

Carolyn Baker: Escape From Suburbia, a documentary review

The 2004 documentary, “End Of Suburbia”, produced and edited by Barry Silverthorn and written and directed by Greg Greene, was a stunning and chilling cinematic landmark which placed the issue of Peak Oil and its consequences squarely on the world stage and connected the dots between the unsustainable suburban lifestyle and perilous issues of the […]

The trouble with nuclear waste

It’s not easy building a home for spent radioactive material. The proposed site at Yucca Mountain has been underway for over 30 years. (Fortune) — The drive to the proposed Yucca Mountain nuclear waste repository from the Energy Department’s office in Las Vegas takes about two hours. It’s a freaky ride, past fast-growing Pahrump, Nevada, […]

White House threatens to veto House energy bill

WASHINGTON (Reuters) – The White House on Friday threatened to veto a massive energy bill slated for debate in the U.S. House of Representatives that sets aside about $16 billion in clean-energy incentives, mostly by repealing tax credits extended to oil companies. The legislation — a top priority for House Speaker Nancy Pelosi — is […]

Market solution for climate change: APEC

APEC finance ministers have agreed to pursue climate change and energy security through a global framework under the eye of the United Nations. Federal Treasurer Peter Costello says the meeting made a major breakthrough by bringing together the concepts of the environment, energy and the economy.It was the last ministerial meeting before the September APEC […]

Ceramic tubes could cut greenhouse gas emissions from power stations

Engineers urge governments to make their new technology attractive via carbon credit economy Greenhouse gas emissions from power stations could be cut to almost zero by controlling the combustion process with tiny tubes made from an advanced ceramic material, claim engineers. The material, known as LSCF, has the remarkable property of being able to filter […]

Electricity Generation Fires Up in Hydrogen Tests

An experimental gas turbine simulator equipped with an ultralow-emissions combustion technology called LSI has been tested successfully using pure hydrogen as a fuel DOE

European heat waves double in length since 1880

The most accurate measures of European daily temperatures ever indicate that the length of heat waves on the continent has doubled and the frequency of extremely hot days has nearly tripled in the past century. The new data shows that many previous assessments of daily summer temperature change underestimated heat wave events in western Europe […]

No fuel for export in 2008

Analysts estimate that if any domestic oil refinery faced operational problems cutting production by 10 percent, Pdvsa would be forced to import gasoline components or finished fuels While Venezuela plans to build three oil refineries from scratch, the works have not started. It is therefore noteworthy wondering how long local refining facilities will meet the […]

Buoys flex artificial muscles for renewable energy

Artificial muscles are being used to turn the ocean’s waves into electrical power in a novel pilot project off the coast of Florida, US. The “muscles” produce electricity as they bob up and down attached to buoys. Although they only generate enough power to light a small light bulb currently, the scientists involved see it […]

IMF Advises Iraq To Increase Investment In Oil Sector

The International Monetary Fund says Iraq needs to increase its investment in the oil sector, where growth in output is lagging. Takatoshi Kato, IMF deputy managing director, said Iraqi authorities have taken “important measures” to keep their economic program on track despite the difficult security environment. “However, the expansion of oil production is lagging and […]

Oil hovers around $77 on Opec output restraint

Oil hovered around $77 a barrel on Friday, close to this week’s all-time high, as continued output restraint by Opec raised concern over tighter fuel supplies this winter. US oil rose 12 cents to $76.98 by 1300 GMT after rising 33 cents on Thursday. Prices hit a record $78.77 on Wednesday, but fell sharply on […]

South Africa: Growing Fuel

FEW would argue with Science and Technology Minister Mosibudi Mangena’s insistence that we tread carefully when developing a national biofuels policy. At the same time, it would be folly to delay the legislation on which such an industry would be built for longer than necessary.The trouble is, biofuels are by definition agricultural products; the feedstock, […]

Ghana: Hydro-Power Crisis Getting Worse

Ghana is undergoing its worst power crisis since 1998. People here currently have an average of only 12 hours of electricity a day, and, with insufficient rain to keep its hydropower stations functioning, the situation is likely to deteriorate, affecting individual livelihoods and the economy as a whole. The water level of Lake Volta, the […]

Solar IPOs shine

Recent offerings, most out of China, have surged along with the sector in general. Is a correction coming? NEW YORK (CNNMoney.com) — Talk about a sun spot. The solar power sector has been rolling in dough lately as concern over global warming and dwindling oil supplies has fueled massive investor interest in renewable energy companies. […]

Oil price ‘threatens US economy’

Sustained oil prices close to $80 a barrel could hit US economic growth, Energy Secretary Sam Bodman has said. The US economy has never faced such high prices for “an extended period,” Mr Bodman warned. There is concern about whether oil supplies can meet global demand and Mr Bodman urged oil producing nations to increase […]

Water taps run dry in Baghdad

BAGHDAD – Much of the Iraqi capital was without running water Thursday and had been for at least 24 hours, compounding the urban misery in a war zone and the blistering heat at the height of the Baghdad summer. Residents and city officials said large sections in the west of the capital had been virtually […]

Venezuela boosts oil subsidies to Cuba

Venezuela has increased oil subsidies to Cuba from approximately $3 billion in 2006 to possibly more than $4 billion this year, according to a University of Miami report to be released today. Venezuela is shipping 94,103 barrels of oil a day to Cuba, the Miami Herald cited experts at the University of Miami’s Institute for […]

Why We ‘Waste’ Energy: The Second Law of Thermodynamics Explains

There are many instances that we can see that in our attempts to transform energy into as much as possible usable work, we are always left with this “rest” amount of heat that we can not use anymore to generate even more workThe Oil Drum

New gas pipeline to link Azerbaijan and Italy, via Turkey

Since the 1991 collapse of the USSR, resource-poor but strategically vital Turkey has sought to position itself as a major transit hub for burgeoning Caspian energy exports. For 15 years Ankara looked on helplessly as Russia, invoking its rights under the 1936 Montreaux Convention, turned the Turkish Straits into a tanker superhighway. Turkey derived no […]

Gazprom’s challenge to Belarus: internal reactions

On August 2, Belarusian president Alyaksandr Lukashenka declared that his country would dip into its reserves to pay its existing debt to Gazprom of $456 million (Itar-Tass, August 2). His decision brought a temporary halt to the current crisis raised by Belarus’s failure to meet its July 23 payment and Gazprom’s response that it would […]

Petrol: global scenario until 2030

Many experts claim the world’s most essential commodity is likely to suffer an accentuated rise in price followed by strong geopolitical instability. Have we reached the peak of Hubbert’s curve, where oil production is destined to undergo an inexorable decline? As oil production failed to grow since 2000, experts classified 2005 as the year of […]

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