* Power system under strain especially in winter 2014/15 * Government should speed up power market reform – report Britain could see widespread power blackouts during next year’s winter if a series of unforeseen events such as a cold snap or unplanned station outages occurs simultaneously, a report for an advisory body to the prime […]
“The Financialist” ( a creation of Credit Suisse, apparently) has an article on the competition for south east Asia’s offshore oil reserves – An Oil and Gas Boom for Southeast Asia?. Weirdly it’s published as one large image… Peak Energy
October 18th, believe it or not, is World Vasectomy Day. According to the holiday’s designated website, World Vasectomy Day (WVD) is the “largest male-oriented global family planning event ever. The goal is to have 1,000 vasectomies performed across 25 countries in 24 hours.*” This event, which includes live screenings of the 15-minute procedure and other such […]
In the architecture museum on the island of Skeppsholmen, in the heart of Stockholm, eleven of us have been brought together to spend two days thinking aloud around the theme of Commoning the City. The human rights researcher Saki Bailey provides a forensic analysis of the foundations of property law. The artist Fritz Haeg tells […]
Michael Ruppert, Colin Campbell and other experts explain what is coming!
Preparing for looming financial crisis in U.S.? Chase Bank has moved to limit cash withdrawals while banning business customers from sending international wire transfers from November 17 onwards, prompting speculation that the bank is preparing for a looming financial crisis in the United States. Numerous business customers with Chase BusinessSelect Checking and Chase BusinessClassic accounts […]
Oil, gas and coal are contaminating the world’s oceans from top to bottom, threatening the lives of more than 800 million people, a new study warns Tuesday. “It took a year to analyse and synthesise all of the studies on the impacts of climate change on ocean species,” Camilo Mora, an ecologist at University of […]
This article is an excerpt from Richard Heinberg’s new book SNAKE OIL: How Fracking’s False Promise of Plenty Imperils Our Future. Given the urgency and importance of the issues we are serializing the book here at Resilience.org. Read Part 4: Chapter 3 – A Treadmill to Hell BUY THE BOOK News item, dateline February 14, 2013: Ben […]
In 1614, Captain John Smith arrived off the coast of Maine searching for minerals, whales, and wealth. But the greatest bounty he discovered was actually fish. Smith and his crew stumbled upon vast schools of cod, a valuable commercial fish and a kitchen staple in Europe. Dried or salted, the nourishment from North America’s rich […]
Food is treated as a private good in today’s industrial food system, but it must be re-conceived as a common good in the transition toward a more sustainable food system that is fairer to food producers and consumers. If we were to treat food as a commons, it could be better produced and distributed by […]
John Michael Greer (“The Flight to the Ephemeral,” The Archdruid Report, Oct. 2) was kind enough to address an earlier post of mine on this blog a few weeks back (“When Ephemeralization is Hard to Tell From Catabolic Collapse,” P2P Foundation Blog, Sept. 19). Here are my responses, in no particular order of importance. […]
The topic of ‘extreme energy’ should be a relatively easy one to dispense with for any reasonably informed Transitioner. Extreme energy, as defined by the UK’s first Extreme Energy Gathering, who by virtue of their killer name should know, “is the process where energy extraction methods grow increasingly more intense over time, as easier to […]
Researchers from the University of Maryland and a leading university in Spain demonstrate in a new study which sectors could put the entire U.S. economy at risk when global oil production peaks (‘Peak Oil”). This multi-disciplinary team recommends immediate action by government, private and commercial sectors to reduce the vulnerability of these sectors. While critics […]
When Steve Jensen saw crude oil bubbling up from the ground on his North Dakota farm, he knew immediately he wasn’t having a Jed Clampett moment. Unlike the classic “Beverly Hillbillies” character who struck it rich with oil, Jensen figured the “black gold” was coming from the pipeline that runs under his 1,800-acre wheat farm, […]
Secession is not just for unreconstructed Confederates anymore. On both the right and the left, Americans increasingly see Washington as the problem and local autonomy as the solution. Despite all the talk, the federal government shutdown hasn’t greatly affected daily life for most Americans so far. Some have been hit hard, especially federal employees, those […]
All great empires – from the Greek, to the Roman, the Spanish and the British – have at their heart a dominant means of exchange which is very much part of their political and social hegemony. Once upon a time, it was Roman coinage which was the world’s pre-eminent currency. In more recent times it […]
A farming harvesting his fields in North Dakota has come across a massive oil spill, undetected long enough to become the size of seven football fields. Local media reports cite farmer Steve Jensen as saying the crude appeared to becoming from a rupture in an underground pipeline operated by Tesoro Corp. The farmer noted […]
The fact that they have now begun to produce oil from Kashagan and that we know the project costs are $48 billion gives me reason to look at a report that Goldman Sachs presented in March 2012, ”360 projects to change the world”. They have studied how much oil and gas the various projects are […]
While the broader public’s attention continues to be distracted by the circus that America’s legislative and executive branches have become (an expected development at a time when the monetary branch reigns supreme), the real, non-scripted and truly devastating catastrophe continue to unfold in Japan, and specifically in Fukushima, where both TEPCO and the government have […]
As one of the most mature and profitable industries in the country, it seems impossible that the oil and gas industry pays less in taxes than the standard federal corporate income tax rate of 35%. In fact, according to data from the U.S. Energy Information Administration, the top major oil and gas corporations paid, on […]
This is part two of a three-part series revisiting HT Odum’s classic Ambio paper on the 3Es, which was written 40 years ago for a special issue of the Royal Swedish Academy of Science’s Energy in Society issue (Ambio, 1973). The article was republished in Mother Earth News, and the reprint is still available online […]
Oil production in North Dakota, home to the prolific Bakken formation, could hit 1 million barrels per day (bpd) as early as at the end of this year, the head of the state’s Mineral Resources Department said on Tuesday. Data issued by the department on Tuesday showed production rose 35,000 bpd in August to more […]
The U.S. is expected to overtake Saudi Arabia as the world biggest total supplier of oil this year when natural gas liquids and biofuels are added to crude, PIRA Energy Group said. The U.S. is projected to produce an average of 12.1 million barrels a day of liquids in 2013, 300,000 barrels a day higher […]
In light of construction delays of the first fusion reactor being designed to generate self-sustaining reactions, a committee has decided to postpone some basic physics research and other studies considered non-essential to the project’s target, Nature.com reports. The International Thermonuclear Experimental Reactor (ITER) is being built in southern France to test the so-called tokamak method […]
We live in a time where rapid change is pretty much the only certainty, but one thing that continues to rather stubbornly maintain the status quo is our energy mix. As shown below, fossil fuels still completely dominate global energy consumption and, since the nuclear boom ended a little more than two decades ago, those dirty […]
Repeated predictions of the world’s oil shortage in coming years simply failed to account for our ability to tap into deeper, more complex seams of energy, buried under the ocean floor or the Arctic tundra. It may become more expensive to get at those new pockets of oil, but it’s hard to see how we’ll […]
For years, energy analysts had been anticipating an imminent decline in global oil supplies. Suddenly, they’re singing a new song: Fossil fuels growing scarce? Don’t even think about it! The news couldn’t be better: fossil fuels will become ever more abundant. And all that talk about climate change? Don’t worry about it, they chant. Go […]
It’s become almost cliche these days to point out how many governments are broke beyond belief. In Japan, where the country’s debt level already exceeds 200% of GDP, the government has to finance 46% of its budget by issuing more debt. In the United States, the governments add a trillion dollars each year to the […]
Things that can’t go on, the prophet Herb Stein once observed, go on until they can’t. Criticality eventually bushwhacks credulity. The aggregation of rackets that American life has become is rolling over like a great groaning wounded leviathan and the rest of the world is starting to freak out at the spectacle. Instead of a […]
OPEC heavyweight Saudi Arabia is preparing to be among the first countries outside North America to use shale gas for power generation and thereby save more of its crude oil for lucrative exports. Inspired by a shale gas boom in the United States, which has transformed the country from the world’s largest gas importer to […]
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