[Update: there are a lot of comments, some interesting, but it seems like a lot of commenters think that I am advocating becoming like the communities I described or holding them up as models. No-no-no! I simply pointed out that they are uniquely successful in terms of their longevity and outcomes, and described the commonalities […]
It is easy to forget that we are already living in the midst of peak oil. In the past, oil prices and oil production roughly increased with each other. Around 2005, the world seemed to hit a brick wall. Oil prices increased, but global production just ticked higher. There are still profitable ways to invest […]
A little explanation about the peak oil and its implication today. If you want to know more you can check the following links: WEO 2008: http://www.worldenergyoutlook.org/med… /weo2008.pdf Peak Oil Nwes: http://peakoil.com/ I have a new site, where I post, news about enviroment and energetic resources, check it out if you feel like it: http://therenewableworld.wordpress.com/
Alpbach News: Dr. Atkinson, you have been working under three US administrations: Clinton, George W. Bush and now Obama. What were the biggest changes in the technology and innovations sector during that time? Robert Atkinson: It was clearly the rise of ICT (Information and Communications Technology) back in the late 1990s. Internet was a tiny […]
Bioethicist Peter Singer compared women and children to cows overgrazing a field and said — at the global Women Deliver Conference last week, hailed as the most important meeting to focus on women and girls’ human rights in a decade — that women’s reproductive rights may one day have to be sacrificed for the environment. […]
Canada’s crude output will more than double to 6.7 million barrels a day by 2030, with almost all the growth coming from Alberta’s oil sands, an industry group representing the country’s petroleum producers said. Oil sands production will rise to 5.2 million barrels a day by 2030 from 1.8 million currently, the Canadian Association of […]
Oliat Mauramba is a farmer from the small, arid village of Topora in Masvingo province, Zimbabwe. He produces organic tomatoes, spinach, and sugar beans, using local knowledge and traditional skills. Oliat meets other farmers from different villages at least twice a week to exchange farming tips. The local market for organically grown products is steadily […]
China National Offshore Oil Corp., or CNOOC, is partnering with Iceland’s Eykon Energy in an application for a license to explore and produce oil and gas in Arctic waters offshore Iceland, the country’s hydrocarbon licensing manager told Dow Jones Newswires Wednesday. If the application is successful and a license is awarded, it would mark the […]
Some diluted bitumen products will sink in fresh and brackish marine waters in less than 26 hours following a tanker spill or accident at a marine terminal. That’s the conclusion of new report by Jeff Short, a highly respected U.S. environmental chemist who worked with for National Oceanographic and Atmospheric Administration (NOAA) for decades. Short […]
I’m currently involved in the coolest and most important new venture in the Transition universe, the Transition Free Press. The TFP is a newspaper like no other, wielding the power of the pen and the pixel for good, telling the stories that must be told and spreading important ideas, like the simple, beautiful idea that […]
Shell Chief Executive Peter Voser said Wednesday that he wanted to work on the sustainability agenda when he retires from the oil major next year. “I want to give something back which I learned over the last 30 years and work on the sustainability agenda long term, which body, which area, I have no clue […]
Over the past three weeks, there have been numerous headlines insinuating that a freefall in oil prices is underway. Last week I read that the various causes were a slowdown in China’s economy, OPEC’s decision not to cut production, and America’s growing oil production. Based on the headlines, one might suspect that we were right […]
The U.S. government announced Tuesday that it would be going forward with long-discussed plans to auction federal leases off the Atlantic Ocean coast for the development of offshore wind energy. The sales, to take place in late July, will be the first time that federal lands have been offered on a competitive basis for the […]
Doomstead Diner Orlov – Fostering Multigenerational Communities
The Obama administration will extend six-month sanctions exemptions to China, India and seven other countries for significantly reducing oil imports from Iran, officials said Tuesday, as the U.S. imposed new measures against companies believed to be acting as a front network to help the Iranian government evade international financial restrictions. The waivers will be […]
President Bashar al-Assad of Syria, in a broadcast this Thursday past, boasted of the Russian arms deliveries to the Syrian regime that would include deliveries of a highly advanced anti-aircraft weapons system. Whether accurate or not, the Russians are clearly stoking the fires of the Syrian debacle and now risking its spread beyond Syria’s borders. […]
More than 97,000 rail carloads of crude oil were delivered in the United States during the first quarter of the year. That’s 20 percent more than the fourth quarter of 2012 and 166 percent more than during the same period last year. Rail shipments of grain, metallic ores and minerals declined, however. Oil companies are […]
A big chunk of Iraq’s oil production is going to China, according to a story Monday in the New York Times. That may be a good thing for both U.S. companies and consumers. The Times reported on what has been an ongoing trend — companies from China and elsewhere winning Iraqi oil contracts. According to […]
Richard Heinberg, senior fellow with the Post Carbon Institute and the author of The Party’s Over, Peak Everything and, most recently, Blackout, discusses the phenomenon of peak oil and how it will affect life on this planet.
Technology, technology, and more technology—this is what has driven the American oil and gas boom starting in the Bakken and now being played out in the Gulf of Mexico revival, and new advances are coming online constantly. It’s enough to rival the Saudis, if the Kingdom allows it to happen. Along with this boom come […]
They’re calling it a “supply shock” in the world’s energy markets. A recent report by the International Energy Agency says oil production in North America will grow so much in the next five years that it will turn the United States into a net oil exporter, transforming the global oil market in the process. For […]
* Argus Media and ICIS also request exemption * IOSCO publishes their letters * PRAs say commodities differ from rates market Leading commodity price reporting agencies have called on global regulators to exempt them from new rules aimed at preventing financial benchmark manipulations, arguing that it would reduce liquidity and transparency in markets such as […]
What happens to oil drillers when there’s too much supply and not enough demand? Answer: “culture shock.” In a new note, a Morgan Stanley led by Ole Slorer says exploration and production spending is poised to decelerate from past-decade highs of around 16% annually to just 5%. Basically, it’s getting harder to get more cash […]
This is no time to be complacent. Massive economic problems are erupting all over the globe, but most people seem to believe that everything is going to be just fine. In fact, a whole bunch of recent polls and surveys show that the American people are starting to feel much better about how the U.S. […]
A self-described political activist pleaded guilty in federal court today to attempting to blow up a natural gas pipeline with a homemade bomb last June in Plano. Anson Chi, 34, of Plano pleaded guilty to possessing an explosive device composed of methyl nitrate and other parts that was not registered with the National Firearms Registration […]
It’s ironic considering all the attention on the struggles of the EU Emissions Trading System, but today over 40 national and 20 sub-national government jurisdictions have either implemented or are considering carbon pricing mechanisms. Global emissions trading schemes map via World Bank This wide-ranging assessment comes from no less an authority than the World Bank, […]
To my friends who live outside of Turkey: I am writing to let you know what is going on in Istanbul for the last five days. I personally have to write this because at the time of my writing most of the media sources are shut down by the government and the word of mouth […]
One of my two talks at The Age of Limits 2013 was on Communities that Abide. It was a review of best practices, based on the experience of historical communities that are stable or growing, comprise multiple generations, manage to hold on to their young people, and have a distinctive way of life that is […]
OIL AT $750 PER BARREL Since late 2012, on several occasions, the deputy chief of financial modeling at the IMF (International Monetary Fund), Michael Kumhof, has said in interview that: “Ignoring the peak oil issue would be highly unscientific, even irresponsible”. While the IMF remains officially neutral on the subject, Kumhof and his colleagues claim […]
From the site of the Club of Rome. Launch of the new Report to the Club of Rome by Ugo Bardi in Berlin on June 6th The Club of Rome, in partnership with WWF Germany, the Worldwatch Institute and the German Association of the Club of Rome invites to the launch of PLUNDERING THE […]
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