Highlights of the Australian government’s revised plan to cut carbon emissions by 5 percent by 2020 from 2000 levels: CARBON SCHEME ARCHITECTURE * Reduce carbon emissions by 159 million tonnes in 2020, to be achieved with a carbon tax from mid-2012 to mid-2015, followed by a carbon-trading system. * Carbon tax to be at A$23 […]
I recently read something on your forum about green and free energy inventors being murdered and/or disappearing including, Aries M. DeGeus, Dimitri Petronov, Eugene Mallove, Stan Meyers, etc. But you guys ommitted the most obvious case of all… Howard “Rory” Johnson of Elgin, Illinois. Before you laugh yourself silly, do a little reading here and […]
Chris Martenson explains the predicament the UK and world economy is in from the perspective of economics, energy and the environment. He discusses concepts such as the nature of money, debt, exponential growth, natural limits, peak oil and energy yields.
Those of us who are what we call Peak Oil Aware have come to accept the idea that there are natural limits that will inevitably curtail economic growth and development. A long time argument among Peak Oilers is: when will this happen or has it happened already? Then it all comes down to your definition […]
CITY driving in Australia and other developed countries peaked in 2004 and has been declining since. A paper by Curtin University academics Peter Newman and Jeff Kenworthy, Peak Car Use: Understanding the Demise of Automobile Dependence, cites soaring oil prices, traffic congestion, a preference for inner-city living, public transport growth, an ageing population, and more […]
We are now well into a global crisis that may mark the end of this cycle of human civilization. In this note I present a summary of what’s going on as far as I can tell, as well as a scenario for how things might develop over the next 75 years or so. The issue […]
Japan’s Prime Minister has announced that it will take up to 20 years to clean up after the Fukushima nuclear disaster. It’s the first time the government has attempted to indicate how long the operation may take. Emergency measures are already underway to shut down the reactors to prevent further radiation leaks. The Fukushima plant […]
Today for the first time, Iran’s IRNA news agency reported that the country had fired two missiles with a range of 1,900 km, coupled with TV coverage, into the mouth of the Indian Ocean. As PressTV reports, “Commander of the Aerospace Division of Iran’s Islamic Revolution Guards Corps (IRGC) Brigadier General Ali Hajizadeh said that […]
First, it was “finding oil on Wall Street.” Now, it’s “finding oil in the Federal bureaucracy.” The Energy Information Agency has discontinued their International Petroleum Monthly and substituted a New! Improved! data set. Suddenly, world oil production (around 73 million barrels per day) increased to 85 million barrels per day; an increase of 13 million […]
Not only are supplies of oil and natural gas under imminent threat of failing to meet demand for them, but so is a whole range of precious metals, along with indium, gallium and germanium and other vital elements such as phosphorus and helium. A report [1] from the Science and Technology Committee, advised by the […]
During much of the nearly 20 years I lived in rural Cornwall I had no car (though I cheated and took taxis). I had no central heating, no freezer, and I used a composting toilet. Now, I am afraid, I am once more a city slicker. However, it was an experiment in the right direction. […]
Between 2003 and 2007, China burned so much coal that it increased global consumption of the stuff 25 percent. That put so much sulfur into the air that it more or less literally (temporarily) blotted out the sun, masking some of the global warming that otherwise would have occurred during the first decade of the […]
Sometimes, they ask me “are you a teacher?” My usual answer is, “Well, let’s say that sometimes I enter a room where there are young people sitting. I say things, they look at me and, sometimes, they write down something on their notepads. Whether that qualifies as ‘teaching’ is open to discussion.” Over the years, […]
LISTEN: MP3 Nicole Foss joins Jim Puplava on Financial Sense Newshour in the first of a two-part interview to talk about peak oil, the next financial crash, and the challenges she sees coming our way. Nicole is co-editor of The Automatic Earth, where she writes under the name Stoneleigh. She and her writing partner have […]
Some 1.3 million people have been driven off the UK’s roads this year as a result of rising motoring costs, according to new research. The staggering figure, released by Sainsbury’s Car Insurance, suggests one in 30 drivers have given up their cars over the past 12 months. The report found the average car owner is […]
Opinions may be divided on this, but to all intents and purposes, OPEC’s targets are dead and gone. The oil producer club issued a short communique after the acrimonious June 8 meeting. The communique did not say OPEC had agreed a rollover of the 24.845 million b/d target in place since January 2009. It said […]
J. Howard Marshall II had heard it before in his decades as an industry scholar, regulator, and executive: We are going to run out of oil! Marshall recounted one story concerning the eminent petroleum geologist Everette DeGolyer (1886–1956) in his autobiography, Done in Oil (Texas A&M University Press, 1994): I had one such argument with […]
Peak Oil & Oil Research: http://TurnKeyOil.com “All the easy oil and gas in the world has pretty much been found. Now comes the harder work in finding and producing oil from more challenging environments and work areas.” – William J. Cummings, Exxon-Mobil company spokesman, December 2005 “It is pretty clear that there is not much […]
The era of inexpensive and easily accessible fossil fuels may be drawing to a close, and some Israelis are preparing for it in earnest. The neo-liberal global economic system is on its deathbed, and Israel may soon have to provide for all of its own food and fuel needs, instead of trading for them with […]
An earthquake struck Japan early Friday morning local time (2:30 pm EDT, Jul 7) off Honshu island in northeast Japan. This is the same area that was devastated by a large earthquake in March that knocked out power to the Fukushima nuclear plant. The US Geological Survey reports that the earthquake had a magnitude of […]
I was reading through the Executive Summary of the World Economic Forum’s Global Risks 2011 this afternoon (as you do) and the chart on page 3 (see above) caught my eye (click on it to enlarge it). In it, the authors set out all the risks they see in the world on a matrix which […]
I’ve never been to Las Vegas, and my experience of gambling casinos is limited to a short visit to a modestly sized casino in Windsor, Ontario. The experience was, however, quite memorable. I went in prepared to lose $100 just to have the experience of gambling in a casino. Surprisingly, I ended up some $121 […]
Germany is reportedly selling two hundred battle tanks to Saudi Arabia. Talk of a deal has caused outrage among Germany’s opposition politicians, who claim the government would be breaking its own export rules. Peace activist Jens Wagner says he fears the heavy weapons could be used to crush anti-regime protests in the region.
A few weeks ago, President Obama and his cohorts around the world released 60 million barrels of oil in a shock move to stick it to the speculators — well, those speculators who weren’t politically connected. As I write this, the price of West Texas crude is $96.61. Obama’s market manipulation did nothing aside from force […]
If you do not want to feel really depressed, you might not want to read this article. The U.S. economy is coming apart at the seams, and there are a whole lot of indications that things are about to get even worse. After a time of relative stability, the pace of job cuts is starting […]
With the world population expected to reach seven billion by the end of October – with more than 100 million of them Filipinos – an official of the United Nations said yesterday the focus of discussions should not be about numbers but on the quality of life of these people. Ugochi Daniels, country representative of […]
Over the last few years, thanks largely to Hollywood’s “pirates of the Caribbean” franchise, maritime buccaneers have acquired a highly romantic image. The reality of modern piracy is far removed from the images peddled by Tinseltown. In the most recent nautical attack, Somali pirates on 6 July attacked the 900-foot Brillante Virtuoso, which was carrying […]
“The good news is that more and more people sense at some level that there’s a great misdirection of life’s energy. We know we’re slighting the things that truly make life worthwhile. One survey found that 81 percent of Americans think the country is too focused on shopping and spending; 88 percent say American society […]
After decades of waiting, commercial airlines have been given the go-ahead to use fuel made from algae, wood chips and other plants with obscure names. Test flights in recent years by United Continental Holdings Inc. (UAL), Japan Airlines Co. and Virgin Atlantic Airways Ltd. have shown that planes can fly on everything from coconut oil […]
What is going on in NC appears to be indicative of what is going on almost everywhere — so this is an exceptional case study. This is what I have been able to uncover on my own, by talking to officials in the Elizabeth City community, communicating with about two dozen key state agency people, […]
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