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News from April 2010

The Imminent Crash Of Oil Supply: Be Afraid

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Look at this graph and be afraid. It does not come from Earth First. It does not come from the Sierra Club. It was not drawn by Socialists or Nazis or Osama Bin Laden or anyone from Goldman-Sachs. If you are a Republican Tea-Partier, rest assured it does not come from a progressive Democrat. And […]

Oil: A tale of two cartels

Tony Hayward, group chief executive of British Petroleum, made heads turn at the World Economic Forum in Davos, forecasting a “supply challenge” for the energy industry, which would have to increase output to 100mbd — a new peak for oil from the current capacities of 83-84 mbd. He was strongly backed by Mr Peter Voser, […]

Peak oil: Why industry and government should sit up and listen

“The next five years will see us face another crunch – the oil crunch. This time, we do have the chance to prepare. The challenge is to use that time well. ….Our message to government and businesses is clear: act. Don’t let the oil crunch catch us out in the way that the credit crunch […]

Green Business Leaders 2015 Roadmap

Green Business Leaders 2015 Roadmap: Scott McGregor of Camco discusses progress in the UK to systematise sustainability/emissions management in business youtube

US military warns oil output may dip causing massive shortages by 2015

• Shortfall could reach 10m barrels a day, report says • Cost of crude oil is predicted to top $100 a barrel The US military has warned that surplus oil production capacity could disappear within two years and there could be serious shortages by 2015 with a significant economic and political impact. The energy crisis […]

The Dirty Secrets Of Coal

Mountaintop removal mining is a form of mining that involves blasting the summit of mountains to reach the underlying coal. This process is common in the central Appalachian region, eastern Kentucky, West Virginia, and southwestern Virginia, and it takes a huge toll on the local environments, as well as peoples’ health. It does extensive damage […]

Last chance for climate change legislation?

Senator John Kerry said the announcement of the bill, expected Monday, had been “postponed only temporarily.” Republican Senator Lindsey Graham said earlier on Saturday he would have to pull out of the bipartisan climate change effort because of concerns Democrats would push forward with a debate on immigration reform, rather than the climate change bill, […]

Five myths about green energy

Americans are being inundated with claims about renewable and alternative energy. Advocates for these technologies say that if we jettison fossil fuels, we’ll breathe easier, stop global warming and revolutionize our economy. Yes, “green” energy has great emotional and political appeal. But before we wrap all our hopes — and subsidies — in it, let’s […]

China may ease one-child rule

For years, China curbed its once-explosive population growth with a widely hated one-child limit that at its peak led to forced abortions, sterilizations and even infanticide. Now the long-sacrosanct policy may be on its way out, as some demographers warn that China is facing the opposite problem: not enough babies. MSNBC

US warms to strike on Iran

“With sufficient foreign assistance, Iran could probably develop and test an intercontinental ballistic missile [ICBM] capable of reaching the United States by 2015,” claimed a Pentagon report that was declassified on Monday. The almost simultaneous timing of two key recent revelations – this and Israeli accusations that Syria had transferred Scud missiles to Hezbollah in […]

China lines up 100,000 bbl/day using hard-earned U.S. Dollars

Venezuela will ship 100,000 bbl/day of crude oil to China for 10 years to pay off a $20 billion loan. The per barrel price was not specified but their average basket price is around $75/bbl. President Hugo Chavez announced the oil-for-credit agreement on Saturday night. Venezuela has been working for some time to foster relations […]

By 2040, we should have a stable population

Fred Pearce, the author of the new book “The Coming Population Crash and Our Planet’s Surprising Future,” talked to Jon Stewart last night about his surprisingly optimistic view of the Earth’s future. He explained that there has been a huge population decrease in the past generation: women today have half as many children as they […]

Debunking Peak Demand

The notion of ‘peak demand’ is often invoked to suggest that the US or global economy is somehow less in need of affordable oil today or that Americans are simply finding car ownership passé. But is this really the case? Are we weaning ourselves from dependence on oil? The statistics paint a more nuanced story. […]

Our “Neo-Feudalistic, Gulag Casino Economy”

39.4 million Americans are receiving food stamps. One of the biggest spins you have heard on the media since 2008 is that this is nowhere near as bad as the Depression, after all, where are the bread lines? Well of course there are no bread lines, this is 2010. Food stamps are the modern equivalent. […]

3 oil giants to support climate legislation

U.S. senators unveiling energy and climate change legislation Monday are expected to be joined by three major oil companies — a significant show of support from an industry whose endorsement could be key to winning Republican backing for the proposal. Leaders of Shell Oil Co., BP and ConocoPhillips are expected to support the measure, following […]

Khalid Al-Falih, President and CEO, Saudi Aramco

video from Daniel Yergin and CERA The Opening Keynote address at CERAWeek 2010 was given by Khalid Al-Falih, President and Chief Executive Officer of Saudi Aramco, who was welcomed to the conference by IHS CERA Chairman Daniel Yergin. Mr. Al-Falih described the challenges facing the world’s energy industries in the context of three imperatives, which […]

Principal Feedback Mechanisms Driving Collapse

Recently, a 55 page paper called Tipping Point: Near-Term Implications of a Peak in Global Oil Production (PDF warning) was published as the joint effort of two organizations: Feasta and The Risk/Resilience Network, with lead author David Korowicz. 6.1 Introduction We currently live within an integrated complex globalised economy. We have framed the process in […]

Peak oil predictions

As former Shell CEO Jeroen van der Veer has said several times, the era of “easy oil” is over. This means that the bulk of the oil that is left to exploit is to be found in the tar sands and in ultra-deep water and other marginal resources, such as the Arctic. All of these […]

Peak Oil Era: Why the Cost and Risk of Oil Exploration Will Keep Rising

The days of easy-to-access oil are gone. Now, companies like BP are faced with oil and gas exploration projects that require operating in politically unstable regions or working in technologically complex areas like the deep waters of the Gulf or offshore Brazil. Protectionist measures from countries like Russia have forced companies to look at friendlier, […]

Peak Oil Deniers Remain Oblivious

Regardless of how you feel about opening up ANWR, do you honestly believe it’s the solution to the peak oil crisis? Here are the facts…. Peak oil is a global event. It’s happening on a globe where approximately 85,000,000 (85 million) barrels of oil are consumed each day. Annually, that works out to over 31,000,000,000 (31 […]

The Impending Population Crash

In his new book,The Coming Population Crash And Our Planet’s Surprising Future, Pearce argues the Earth’s population will soon hit its peak and then be on the decline. Fred joined us on the line to talk about how those numbers will shift migration patterns, power, relationships and global opportunities in the future. MP3 New Hampshire […]

Earth Day 2010: How Far We’ve Come, How Far We’ve Yet to Go

March 2010 was the hottest on record worldwide, 1.4 degrees hotter than March 1970. The NOAA’s National Climate Data Center reports that temperatures for the last 40 years have been hotter than at any time in the last 130 years, the extent of their data. The “Climategate” scientists were proven to have performed no data […]

Obama Oil Drilling Plan Draws Critics

“Drilling our coasts will do nothing to lower gas prices or create energy independence,” Michael Brune, executive director of the Sierra Club, said in a statement. It will only jeopardize beaches, marine life, and coastal tourist economies, all so the oil industry can make a short-term profit.” On the other hand, Senate Republican Leader Mitch […]

Oil rig reported explosion 3 hours before fire

A deepwater oil platform that burned for more than a day after a massive explosion sank into the Gulf of Mexico on Thursday, creating the potential for a major spill as it underscored the slim chances that the 11 workers still missing survived. Transocean’s semisubmersible, Deepwater Horizon, has sunk in approximately 5,000 feet of water […]

Kuwaiti oil reserves higher than announced

Deputy premier for economic affairs Sheikh Ahmad Fahad al-Sabah says “Reserves in Burgan oilfield are much higher than what is being circulated” India

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