Peak Oil Is Happening

The media is full of peak oil refutations. Unfortunately for the pundits, while they’re heavy on rhetoric they tend to be short on data. In comparison, way back in 2009, Praveen Ghunta, used the BP Statistical Review of World Energy to make a list of countries past peak oil on his True Cost blog. He […]

California Could Suffer a Fukushima-Style Meltdown

Scientists warned that an earthquake could take out Fukushima. The Japanese ignored the warning. (The Fukushima reactors were damaged by the earthquake before the tsunami hit, because the design of the reactors was defective.) But that couldn’t happen in the U.S. … right? Well, the engineers who built the Fukushima reactors also built a nuclear […]

Iran a ‘time bomb’ for oil prices

Markets should look for “a significant additional political risk premium on the price of Brent” if nuclear arms talks between Iran and major world powers break down, Nomura has warned. If Iran walks away from the negotiation table over the proliferation of nuclear weapons technology in the country, markets could easily be spooked over the […]

It’s Population Explosion, Stupid; or Maybe, Consumption

Planet earth has evolved over 4,500,000,000 years, the last 100,000 years bearing the burden of a prolific parasite, Homo sapiens. Just like the aphis is a tiny predator on the huge rose bush in my garden, if I don’t spray it, it will quickly overpopulate and kill the rose. This is easily understandable by scientists, […]

Peak Oil Derp

Paul Krugman (remember him?) has been taking about what he called  inflation “derp,” meaning an opinion held in contravention of all evidence, and posts this handy chart: As I recall, runaway inflation has been a standard prediction of much of the Peak Oil blogosphere over the past several years as well. This was also combined […]

Is North Sea oil exploration nearing its expiry date?

Download podcast The oil field which helped kick-start the North Sea oil boom in the 1970s now looks set to be approaching the end of its useful life.  Anglo-Dutch energy company, Royal Dutch Shell, has announced that it will close two of its three remaining platforms this weekend, while the third will be decommissioned in […]

Tech Talk – more on volcanoes, peak oil and slow transitions

Many news agencies are following the slow inundation of the Hawaiian town of Pahoa, as lava from Kilauea inches into the small town at the rate of around 15 ft an hour. It is a slow death to parts of the community since the lava started moving in June and the flow has travelled over […]

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