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News from June 2011

The founder of the Transition Towns movement answers criticism

The founder of the Transition Towns movement answers criticism thumbnail

listen now | download audio Around Australia many people have grown tired of waiting for governments to find solutions to the shock of climate change and peak oil, and have decided to look to their communities. Some of these communities call themselves Transition Towns. Show Transcript


More natural gas reserves found in India

More natural gas reserves found in India thumbnail

National Institute Oceanography (NIO) scientists have discovered huge quantities of natural gas trapped in the Indian Exclusive Economic Zone (IEEZ) but are unable to tap this due to lack of technology in the country. NIO scientists, involved in research to find natural gas in Indian basins, have estimated that 1,894 cubic meters of gas can […]


Vietnam welcomes international help as South China Sea dispute escalates

Vietnam welcomes international help as South China Sea dispute escalates thumbnail

Vietnam said on Saturday live-fire naval drills scheduled for Monday were “routine” and said it would welcome efforts by the international community, including the United States, to help resolve disputes in the South China Sea. Tensions in the region have risen in the past two weeks, with China and Vietnam trading accusations of violating sovereignty […]


Fracking is wrong road in pursuit of energy

Fracking is wrong road in pursuit of energy thumbnail

America is waking up to the slowly unfolding disaster of fracking, and not a second too soon. The controversial drilling practice, which has transformed gas drilling, is used to extract natural gas from rock formations by injecting huge amounts of water mixed with toxic and carcinogenic chemicals at such high pressures that it actually cracks […]


China battles power shortage for summer’s peak

China battles power shortage for summer’s peak thumbnail

China will face its most severe power shortage this summer. Some regions are already facing power blackouts even before the peak season for power consumption arrives. What has caused the power shortage? How can the electricity crunch be solved? These questions have aroused discussion to determine the best way to conquer the problem. China Daily […]


Can humans really adapt to climate change?

Can humans really adapt to climate change? thumbnail

When contemplating whether humans can successfully adapt to climate change, it is worth noting that at least twice in the last 1.2 million years our species was almost wiped out. Genetic research confirms that 1.2 million years ago the human population on Earth was around 18,500, perilously close to extinction. The reason for this low […]


Ron Paul: inflation will hit 50 percent

Ron Paul: inflation will hit 50 percent thumbnail

Texas congressman Ron Paul on Friday predicted that inflation will hit 50 percent in the next couple of years, thanks to the massive debt the country has accumulated. Paul, who spoke to admirers and Republican activists at a Manchester house party, said the inflation will act like default. Social Security checks will still be cut […]


Iran Thwarted Saudi Arabia’s Efforts at OPEC Meeting

Iran Thwarted Saudi Arabia’s Efforts at OPEC Meeting thumbnail

Iran thwarted efforts by Saudi Arabia to increase oil production at last week’s meeting of the Organization of Petroleum Exporting Countries, state-run Fars news agency reported, citing the acting oil minister. Many countries opposed Saudi Arabia’s proposals, Mohammad Aliabadi said, according to the report. The 12 members of OPEC failed on June 8 in Vienna […]


Cheap urban survival prepper go bag for the zombia apocalypse

Cheap urban survival prepper go bag for the zombia apocalypse thumbnail

Cheap urban survival prepper go bag for the zombia apocalypse during FEMA SHTF GTFO


The Oil under Los Angeles

The Oil under Los Angeles thumbnail

The development of oil in Texas produced, in its time, the four richest men in the world (H.L. Hunt, Sid Richardson, Roy Cullen and Clint Murchison) and the single richest acre of oil production at Kilgore but is not where the greatest number of productive fields of oil per acre, or perhaps the most expensive […]


Ford to Triple Hybrid Production, Introduce Plug-In

Ford to Triple Hybrid Production, Introduce Plug-In thumbnail

Ford is taking aim at two of its biggest competitors with a hybrid and plug-in hybrid based on the C-Max model it sells in Europe. The two cars roll into showrooms next year as part of the automaker’s aggressive plan to triple production of hybrid and electric vehicles by 2013. The second-largest U.S. automaker has […]


The Fukushima Accident—Three Months In

The Fukushima Accident—Three Months In thumbnail

Three months after Japan’s devastating earthquake and tsunami, the extent of the country’s nuclear crisis is becoming clearer. In a new Q&A, James Acton and Mark Hibbs detail the latest information available about the Fukushima Daiichi plant at the center of Japan’s nuclear emergency and analyze how the crisis will impact the use of nuclear […]


Solar’s getting cheaper, fast

Solar’s getting cheaper, fast thumbnail

There’s a joke in the solar industry about when “grid parity” — the time when solar becomes as cheap as fossil sources — will happen. Ron Kenedi, the former VP in Sharp Solar’s U.S. business liked to throw out random dates, telling me once “November 21, 2012” in jest. The truth is, it will happen […]


Sudan bombs oil-rich southern state

Sudan bombs oil-rich southern state thumbnail

The White House has urged Sudan to “immediately” end the escalation of “reprehensible” violence on southern army positions less than a month before the south becomes the world’s youngest country. “The United States condemns reported acts of violence in Southern Kordofan that target individuals based on their ethnicity and political affiliation,” White House spokesman Jay […]


What Peak? Greenhouse emissions keep increasing

What Peak? Greenhouse emissions keep increasing thumbnail

Recently released emission data from IEA. Reproduced from “Skeptical Science“. Back in the early 2000s, when I was starting to study peak oil, I used to think that oil depletion was our main problem. Climate change seemed to me a threat for the remote future and, probably, automatically solved by the depletion of fossil fuels. […]


Gasoline Gangsters Episode 24: Nikola Tesla & Peak Oil

Gasoline Gangsters Episode 24: Nikola Tesla & Peak Oil thumbnail

Nikola Tesla is responsible for the making Suburbia a reality. He was naive with regards to his interpretation of human nature. He believed that war would become a thing of past and that people act out in their own rational self interests. In the end the technologies he created didn’t fill the void in his […]


Saudi Arabia to Produce 10mbd in July?

Saudi Arabia to Produce 10mbd in July? thumbnail

At the end of April, I noted this WSJ quote: Saudi Oil Minister Ali Al-Naimi said Sunday that oil production from the kingdom was 8.292 million barrels per day in March, down about 800,000 barrels a day from 9.125 million barrels per day in February. Most estimates, including the monthly report of OPEC—which relies on […]


Libya: Rebels aim to restart oil production

Libya: Rebels aim to restart oil production thumbnail

Forces opposed to the rule of Libya’s leader Moammar Gadhafi said they hope to restart oil production from the war-torn North African nation in an effort to increase revenues. Rebel Oil and Finance Minister Ali Tarhouni, without specifying a timeline, said the opposition National Transitional Council (NTC) hoped to “soon” resume oil production of as […]


Ox-scam slam

Ox-scam slam thumbnail

There has been no shortage of media coverage of various scenarios accusing governments and even capitalism itself as culprits in exacerbating the global shortages of food, rising costs and periodic famine. But a new report from Oxfam, the London-based social justice NGO, might be the harshest critique yet. Dame Barbara Stocking, Oxfam’s CEO, claimed last […]


Electric Company Of Saudi Arabia Warns Country May Run Out Of Oil By 2030

Electric Company Of Saudi Arabia Warns Country May Run Out Of Oil By 2030 thumbnail

Sometimes we wish the oil minister of former OPEC member Saudi Arabia (“we can supply any amount of oil”), Wikileaks (“Saudi Said To Have Overstated Crude Oil Reserves By 300 Billion Barrels or 40%“), and now Saudi Arabia’s very own electricity company would coordinate their story. In a little noticed comment by Abdel Salam al-Yamani, […]


Biofuel Support Boosts Food Costs

Biofuel Support Boosts Food Costs thumbnail

Governments should scrap policies to support biofuels, because they are forcing up global food prices, according to a report by 10 international agencies including the World Bank and World Trade Organization. The report adds to growing opposition to biofuels targets and subsidies such as those in Europe, Canada, India and the United States. “If oil […]


OPEC says oil supply gap looms later this year

OPEC says oil supply gap looms later this year thumbnail

OPEC followed this week’s failure to reach an output deal with a forecast world oil supplies would begin to fall short later this year, draining inventories just when demand is expected to hit a seasonal peak. In its monthly report published Friday, OPEC said world demand for its oil would average 30.7 million barrels per […]


Shell Chief Says World to Face 40 Percent Water-Supply Shortfall

Shell Chief Says World to Face 40 Percent Water-Supply Shortfall thumbnail

Royal Dutch Shell Plc (RDSA) Chief Executive Officer Peter Voser said global demand for fresh water may outstrip supply by 40 percent in 20 years. Shell, together with the International Energy Agency and World Business Council for Sustainable Development, is conducting research on water use in the energy industry, Voser said yesterday in London. The […]


Lester Brown: Turning Toward the Sun for Energy

Lester Brown: Turning Toward the Sun for Energy thumbnail

One key component of the Plan B climate stabilisation strategy is solar energy. Solar is even more ubiquitous than wind energy and can be harnessed with both solar photovoltaics (PV) and solar thermal collectors. Solar PV – both silicon-based and thin film – converts sunlight directly into electricity. The growth in solar cell production climbed […]


10 Tipping Points Which Could Potentially Plunge The World Into Economic Nightmare

10 Tipping Points Which Could Potentially Plunge The World Into Economic Nightmare thumbnail

The global economy has become so incredibly unstable at this point that it is not going to take much to plunge the world into a horrific economic nightmare.  The foundations of the world economic system are so decayed and so corrupted that even a stiff breeze could potentially topple the entire structure over.  Over the […]


TOTAL’s view on future oil production

TOTAL’s view on future oil production thumbnail

Since 2006, the international oil company TOTAL has consistently voiced warnings about the future inability of the oil industry to meet continued oil demand growth. In 2006, then CEO Thierry Desmarest stated that maximum oil production lies between 100 to 110 million b/d, reached potentially by 2020. Only a year later the new CEO Christophe […]


Is OPEC facing the beginning of its end?

Is OPEC facing the beginning of its end? thumbnail

The worst meeting OPEC ever had may prove to best meeting for the global economy. OPEC came apart at the seams and a new cold war within the cartel spells a new era of insignificance for the players where greed and corruption is normally encouraged. Some may believe this is just about oil but to […]


Natural Gas — the Coming Shale Gale

Natural Gas — the Coming Shale Gale thumbnail

“The oil and natural gas we rely on for 75 percent of our energy are running out,” warned the President in a televised speech on energy policy. And because we are running out, “we must prepare quickly” for a transition “to strict conservation and to the use of coal and permanent renewable energy sources, like […]


Evacuation zone, permanent, expanded as radiation expands

Evacuation zone, permanent, expanded as radiation expands thumbnail

Japan has doubled its estimate of the amount of radiation spewed out by the Fukushima nuclear plant in the week after the crisis began. It comes after confirmation that plutonium has been found outside the facility for the first time. Even before these revelations Japanese authorities were urging residents living just outside the Fukushima no-go […]


Roundtable on China’s Energy Future

Roundtable on China’s Energy Future thumbnail

I was recently asked to participate in an energy roundtable at Focus on China’s Energy Future and the Shale Gas Question. It is no secret that I feel that China’s moves stand to continue sending shock waves through the energy markets over the upcoming years. In fact, energy news from China warranted inclusion in My […]


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