Heinberg : At Growth’s End

European economies are teetering on the brink of collapse as low rates of GDP growth are no longer able to justify continued investments in piles of debt. On the other side of the Atlantic, the United States is struggling to acknowledge its ever larger ranks of underemployed and unemployed while managing the world’s largest national […]

Radioactive Iodine Blankets Much of Europe … Everyone Points Fingers

Reuters notes that elevated levels of radioactive iodine have been detected in Germany, Sweden, Slovakia, Austria, the Czech Republic, and Hungary. The Stockholm News reports that Denmark and Poland are also experiencing heightened radiation. NHK notes that Russia has been hit as well. AP notes that the radioactive releases are ongoing: An official [from the International Atomic Energy Agency] familiar with […]

“If we don’t change direction soon, we’ll end up where we’re heading”

That is the prominent quote headlining the English language executive summary of the World Energy Outlook Report of the International Energy Agency released Wednesday. The following are selected passages from the projections made by the IEA. Bolding is as in the original, underlining and [text ] added. There are few signs that the urgently needed […]

US, China in Sudan great game

In 1898, amid the age of imperialist acquisition, Great Britain and France confronted each other at Fashoda in the Sudan. The two powers almost went to war but happily, diplomacy prevailed. Today, amid fierce global competition for commodities and regional influence, the US and China are facing each other in several parts of the world […]

Energy crisis looming for Asia-Pacific region

Asia-Pacific countries are facing critical energy challenges that threaten to undermine economic and national security in the region, according to leaders from China and Hawaii who spoke at an energy summit during the Asia-Pacific Economic Cooperation meeting. More than 200 executives from local and Chinese energy companies convened at the Hawaii State Capitol in what […]

Saudi Arabia to become world’s largest crude oil producer

Saudi Arabia will overtake Russia as the world’s largest crude oil producer by 2015, as output from new Russian fields fails to offset increasing decline of oil at mature deposits, the International Energy Agency (IEA) said recently. But while Russia’s output will plateau at 10.5 million barrels per day, Saudi Arabia’s will rise to match […]

Orbiting stations would harvest sun’s energy

The sun’s abundant energy, if harvested in space, could provide a costeffective way to meet global power needs in as little as 30 years with seed money from governments, according to a study by an international scientific group. Orbiting power plants capable of collecting solar energy and beaming it to Earth appear “technically feasible” within […]

Egyptian gas pipeline to Israel attacked again

An Egyptian pipeline supplying gas to Israel and Jordan has been hit with two explosions, making it the seventh assault on the energy route since February. A first blast occurred around 1:00 a.m. Thursday (2300 GMT Wednesday) 40 kilometers west of the town of al-Arish in the north of the Sinai peninsula, AFP quoted an […]

Peak Fish? Can the oceans continue to feed us?

Far out on the Pacific Ocean, the world’s industrial fishing fleets pursue one of the last huge wild hunts – for the tuna eaten by millions of people around the world. Yet tuna still aren’t fished sustainably, something that conservationists and big U.S. tuna companies are trying to fix. This illustrates one part of the […]

Catalyzer description at new Leonardo-ecat website

Rossi has a new website http://www.leonardo-ecat.com The site has the involvement of Hank Mills and Sterling of PESN (Pure Energy Systems Network). The site has descriptions of how the energy catalyzer is supposed to work, the 1 MW unit and an upcoming 5 KW version. Leonardo Corporation is offering one megawatt E-Cat plants for sale, […]

Has Obama kicked off another oil war – this time in Africa?

Highest prediction. Here’s what is likely behind Obama’s decision to send special forces to Uganda. On October 14, President Barack Obama announced he would be sending 100 Joint Special Operations Command (JSOC) forces to Uganda to “remove from the battlefield” (meaning capture or kill) the leader of the Lord’s Resistance Army (LRA), Joseph Kony. “I […]

What Will China’s Energy Demand Be In 20 Years?

By the time your kindergartener is off to college and maybe even graduating, China will consume enough oil equivalent energy as the United States and European Union…combined. In fact, according to the International Energy Agency’s World Energy Outlook, published Nov. 8, China will consume more energy than India, Brazil and the EU. Over the next […]

India needs nuclear energy, say experts

Nuclear power from 20 reactors accounts for less than 3% of the electricity that India generates: Of the installed capacity of 1.8 lakh MW, just 4,780 MW is nuclear energy, even though facilities to generate 6,700 MW more are under construction. Thermal power dominates India’s energy production, but environmental concerns and a rapid depletion of […]

China: Power shortages on the way

Supplies affected as plants cut back on stockpiles in winter due to high price of coal The coming winter months may see nationwide power shortages, as the soaring cost of coal hits stockpiles, industry sources said. China’s top five thermal power generators are expected to post losses of as much as 35 billion yuan ($5.5 […]

Real Oil Crisis – The Peak Oil Debate

Video from ABC Catalyst

Exxon oil deal with Kurds shakes Iraq

Exxon Mobil’s oil and gas exploration agreement with Iraq’s semi-autonomous Kurds, who’re at odds with Baghdad over the country’s energy wealth, marks a significant, and tantalizing, departure by U.S. oilmen amid the current military withdrawal. The breakaway move into Kurdistan, the first by any of the oil majors operating in Iraq under 20-year production contract […]

Population, growth raise capacity issues

The recent much-ballyhooed birth of the 7 billionth member of the living human race provides an occasion to reflect on the world population’s rapid growth and the prospects for the survival of a habitable environment as we press on toward 8 billion. For example, there is this question to consider: How many human beings can […]

The Solar Power Plant that Works at Night

The world’s first solar power station that can work all through the night has been officially opened near Seville in southern Spain. More than 2,600 mirrors at the Gemasolar installation concentrate the sun’s rays to create superheated liquid salt during the day, and that retains enough energy to generate power throughout 15 hours of darkness. […]

Imagining the Post-Industrial Economy

Here is the single biggest question to consider about the economic, energy and environmental unwinding we are facing – what will the economy look as we go? I get more questions about this than about anything else – what should people do for work, what should they do with savings, how should they begin to […]

Looking at Peak Oil’s other angle

Peak oil is a big topic in energy circles, which usually refers to the theory that at a point in time (usually couched as being in the not-too-distant future) the world’s supply of oil, in terms of our ability to produce it, will reach its upper limit. After that, we start running out of oil, […]

Sobering Outlook from the IEA

The IEA is not some wild-eyed “peak oil/global warming” fringe group. They are about as mainstream and staid a group as you are going to find. The bullet points below come from the fact sheet associated with the report (see here). I comment on the implications, particularly the investment implications after each bullet point. Major […]

Documentary : Blind Spot

Blind Spot is a documentary film that illustrates the current oil and energy crisis that our world is facing. Whatever measures of ignorance, greed, wishful thinking, we have put ourselves at a crossroad, which offers two paths with dire consequences. If we continue to burn fossil fuels we will choke the life out of the […]

Germany Faces Sticker Shock Over Renewable Energy to Replace Nuclear

On 30 May, in the aftermath of Japan’s Fukushima nuclear disaster, German Chancellor Angela Merkel announced that Germany would close all of its 18 nuclear power plants between 2015 and 2022, which produce about 28 percent of the country’s electricity. Eight have now been taken offline, and with the winter coming on Berlin is scrambling […]

A Power Company President Ties His Future to Green Energy

David Crane, the CEO of one of the nation’s largest electric companies, has become a leading proponent of renewable energy. In an interview with Yale Environment 360, he explains how, in the face of government paralysis, the private sector can help lead the shift away from fossil fuels. David Crane, president and CEO of NRG […]

Iraq Objects to Exxon Deal With Kurds

Exxon Mobil Corp. could lose its current contract to develop the West Qurna oil field in Iraq if it proceeds with an agreement to explore for oil in the Kurdistan region of the country, an Iraqi official said. The spat highlights the political challenges for foreign companies operating in Iraq and threatens to further inflame […]

Rex W. Tillerson Recognized by UN Foundation as Recipient of 2011 Global Leadership Award

Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation (NYSE:XOM), has been named the 2011 recipient of the Global Leadership Award by the United Nations Foundation. The award, presented at a ceremony in New York on Tuesday, recognizes ExxonMobil’s efforts to meet the United Nations’ goal of substantially reducing deaths from malaria […]

Is this a revolution?

This week: 1. No cops allowed in Occupy Vancouver 2. W.T.F.W.J.D. 3. Ninjas at Occupy Oakland 4. Bahrain battles SUVs 5. Justice, Syria style 6. #Jan25 7. Is this a revolution?

Greek Lender Of Last Resort – Iran?

A fascinating article by Reuters this morning really brings to bear the reality that Greece faces as lenders and trade creditors refuse to help (and why should they realistically) with energy needs. The harsh reality that Iran (yes that nuclearized Iran) is the main provider of Greek oil needs surely puts into perspective what seemingly unlikely events […]

Libya Speeds Oil Output but Sees Hurdles Ahead

TRIPOLI—Libya’s oil production is coming back online faster than expected but hurdles remain for the country’s economic recovery from the shocks of the war and an ongoing state of political limbo, interim Oil Minister Ali Tarhouni said. Mr. Tarhouni said he is optimistic about the rebounding Libyan energy sector as the country begins to move […]

What’s new on the fusion front?

The standard joke about nuclear fusion is that it’s the energy technology of the future, and always will be. Well, fusion is still an energy option for the future rather than the present, but small steps forward are being reported on several fronts. That even includes the long-ridiculed campaign for “cold fusion.” Efforts by the Italian-based Leonardo Corp. to […]

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