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Page added on March 3, 2020
“Peak Oil? What Peak Oil?” – Redefining Energy podcast
“Peak Oil? What Peak Oil?”. In Episode 20 of the Redefining Energy podcast, we welcome Callum Macpherson – Head of Commodities at Investec – to discuss Oil, and more specifically how Oil can or cannot be displaced from its various uses: Automobile, Heavy Duty, Shipping, Aviation… Is the world really running out of Oil? Or is it only running out of “Cheap Oil”? But the real question shouldn’t be rather: are we facing “Peak Demand”? Oil is a humongous market, it has sailed though crises during its history and has always managed to reinvent itself. But is this time different? The reality is extremely complex as a lot of conflicting forces (such as carbon, price of alternatives, geopolitics, tax revenues, security of supply…) are here at play. We might end-up with surprising outcomes!
86 Comments on "“Peak Oil? What Peak Oil?” – Redefining Energy podcast"
Abraham van Helsing on Wed, 4th Mar 2020 2:56 am
Why financing the renewable energy transition in Europe is not a problem:
https://www.euractiv.com/section/energy-environment/news/historic-breakthrough-norways-giant-oil-fund-dives-into-renewables/
“‘Historic breakthrough’: Norway’s giant oil fund dives into renewables”
Norway has a giant state fund of one trillion euro (the largest in the world), zero interest rates, yearning for profitable investment opportunities. Enter the North Sea and its endless opportunities to build new energy infrastructure, from offshore wind parks to hydrogen projects.
Abraham van Helsing on Wed, 4th Mar 2020 2:58 am
From the same link:
“Our overall renewables infrastructure rate of return was around 11% last year. Clean energy is what will move us away from the dangerous and devastating pathway we are currently on.””
That’s healthy!
Davy on Wed, 4th Mar 2020 3:23 am
“Why financing the renewable energy transition in Europe is not a problem:”
Europe is going down the drain, cloggo. You think deglobalization is great except you then think all is normal. You can’t have it both ways, dummy. Italy’s economy is going down harder now with the virus. It will spread North too so your golden decade is not there.
Davy on Wed, 4th Mar 2020 3:24 am
“Our overall renewables infrastructure rate of return was around 11% last year.”
Bullshit! LMFAO. Yea in a techno optimistic world they can stitch together such assertions.
Abraham van Helsing on Wed, 4th Mar 2020 3:35 am
“Europe is going down the drain, cloggo.”
What does that even mean? Europe exists for thousands of years, why would that all of a sudden stop. Certainly now that we about to get rid of you, the worst disaster in European history.
And why is that 11% “BS”?
Let me guess…. just because you are green with envy that we in Europe are miles ahead of bush-rangers and their exceptionalism like you.
That’s OK. What you should do is concentrate on saving your sorry white ass and wait for continental European troops to arrive to bail you out.
Davy on Wed, 4th Mar 2020 3:45 am
“What Is An SDR And Will It Be The Next World Reserve Currency?”
https://tinyurl.com/v27xqq2 voimagold
“There’s no way IMF’s Special Drawing Right, a poorly designed synthetic reserve asset, will replace the U.S. dollar as the world reserve currency…Some analysts proclaim the next world reserve currency is standing ready to replace the dollar. This would be the Special Drawing Right (SDR), issued by the International Monetary Fund (IMF). According to my analysis, though, the SDR isn’t capable of being the world reserve currency. It will never be much more than a unit of account…In other words, a country wishing to sell SDRs for usable currency will notify the SDR Department to match the seller with a buyer. Trades are settled through the SDR Department. It’s not prohibited for countries to exchange SDRs for currency, but, again, there’s no market. The SDR is used almost exclusively in transactions with the IMF; for operations between IMF members and the General Resources Account…Maybe the SDR can succeed if its essence is changed once again, the world would fully financially integrate, and all countries would be subordinate to one world central bank that could control all of its members’ monetary policy. But that’s not going to happen. First, it makes no sense. Second, the current trend is financial disintegration. Look at Brexit and the trade war between China and the U.S. Are we really to believe that the world will submit under a new global central bank that will issue the “SDR 11.3.4”? And all nations will surrender their monetary sovereignty? I don’t think so…One, the SDR is about symbolism. China’s goals are to internationalize the renminbi as a trade currency, and have it globally accepted as a reserve currency. In the end, to leverage the Chinese economy, equal to the extent economies of international currency issuers such as the U.S. and the eurozone have advantaged. Adoption into the SDR gave the renminbi a seal of approval as world reserve currency. This is one reason why China is cheering about the SDR. Two, the Chinese want to diminish the role of the U.S. dollar in every way possible. Hence, China currently publishes its international reserves denominated in U.S. dollars and SDRs. For the Chinese, the more attention is diverted from U.S. units of account, the better…Conclusion From all the deficiencies concerning the SDR—it’s not a currency, there is no market, no liquidity, it’s essence can be changed, etc.—I think the SDR will continue to play a marginal role in international economics. At most its use as a unit of account will be expanded. In the near future I expect gold’s role in the IMS to increase. When economic growth declines, countries will (likely) devalue their currencies, and when “economic nationalism” increases, reserve asset managers will prefer to hold the only universally accepted financial assets that doesn’t have counterparty risk and can’t be printed: gold.”
Davy on Wed, 4th Mar 2020 3:49 am
“What does that even mean? Europe exists for thousands of years, why would that all of a sudden stop. Certainly now that we about to get rid of you, the worst disaster in European history.” “Let me guess…. just because you are green with envy that we in Europe are miles ahead of bush-rangers and their exceptionalism like you.”
cloggo, EuropeUp does not work in today’s world, EruopeDown does. You are not miles ahead, dummy, you are stalling with renewables, the US is increasing. There is a trend there, cloggo. You may be slightly ahead but not much, Get a grip you are not some special place light-years ahead.
Davy on Wed, 4th Mar 2020 3:54 am
The typical modern extremist liberal in action:
“Bernie-Supporting Denver Councilwoman Encourages Coronavirus Patients To Attend MAGA Rallies”
https://tinyurl.com/wswug6e zero hedge
“A Denver councilwoman has come under fire for praising a now-deleted tweet from a user who said they would attend “every MAGA rally I can” if they are infected with the new coronavirus. Candi CdeBaca (D) tweeted “#solidarity Yaaaas!!” in support of the message: And surprise, she’s a supporter of Bernie Sanders – whose staffers were caught on hidden camera espousing the virtues of throwing rich people in literal gulags while they redistribute their wealth”
Abraham van Helsing on Wed, 4th Mar 2020 3:56 am
“cloggo, EuropeUp does not work in today’s world, EruopeDown does.”
Exactly the same attitude that other goddamm Anglo-Zionist, joe esquire. Professing without substantiation that “Europe doesn’t work”.
Translation: a united Europe is seen as a threat to the US empire. And it is!
Thank God idiots like you both are being phased out from history. Just drown in the third world so we in Europe can watch amused from the sidelines how the darkies are going to take you to the cleaners with their equality claims, slavery stories, racism-howling and what not.
You both utterly deserve what is coming to you.
https://documents1940.wordpress.com/2017/10/26/the-new-america/
Again folks, thanks for Trump and Brexit. Exactly what we Europeans needed to get the chance to escape from Anglo-Zionism.
Davy on Wed, 4th Mar 2020 4:03 am
“Japanese Official Says Olympics Can Be Postponed As Virus Fears Surge”
https://tinyurl.com/wwjyvvc zero hedge
“A week after Japan started canceling sport and cultural events amid the broadening of the Covid-19 outbreak, Seiko Hashitomo, Japan’s Olympic minister, raised the very real prospect of postponing The Olympic Games… Pound said there’s a three-month window to decide the fate of the Games: “You could certainly go to two months out if you had to,” he said, which would mean the decision would come around late May. “A lot of things have to start happening. You’ve got to start ramping up your security, your food, the Olympic Village, the hotels, the media folks will be in there building their studios.” He noted that if the virus outbreak continued to deteriorate, then “you’re probably looking at a cancellation.” “This is the new war, and you have to face it. In and around that time, I’d say folks are going to have to ask: ‘Is this under sufficient control that we can be confident about going to Tokyo, or not?'” he said. He added: “You just don’t postpone something on the size and scale of the Olympics. There are so many moving parts, so many countries and different seasons, and competitive seasons, and television seasons. You can’t just say, we’ll do it in October.” Pound said, moving the Games to another city is highly unlikely. “To move the place is difficult because there are few places in the world that could think of gearing up facilities in that short time to put something on,” he said. Since 1896, the Olympics have only been canceled during wartime. And in 1976, 1980 and 1984 faced boycotts. The longer the outbreak continues, the more uncertainty it would create for Olympic organizers. All eyes on May.”
Davy on Wed, 4th Mar 2020 4:04 am
“Thank God idiots like you both are being phased out from history. Just drown in the third world so we in Europe can watch amused from the sidelines how the darkies are going to take you to the cleaners with their equality claims, slavery stories, racism-howling and what not.”
Getting emotional does not change things, cloggo! LMFAO
Davy on Wed, 4th Mar 2020 4:21 am
Virus Map:
https://tinyurl.com/udj9dnj
anon on Wed, 4th Mar 2020 4:34 am
“Our overall renewables infrastructure rate of return was around 11% last year”
you know, if someone failed to book a profit in a market flooded with subsidies, tax breaks, and corporate welfare, thats what woul dbe surprising. making an 11% return because of political perversions is not an indicator of successful busines, but an indication of rampant corruption.
Energy Databook on Wed, 4th Mar 2020 4:40 am
Peak oil data by country:
— Past Peak —
https://energydatabook.com/oil-peaks-past-peak/
— At or Below Peak —
https://energydatabook.com/oil-peaks-at-or-below-peak/
There’s also peak data for coal, natural gas and fossil fuels as a whole.
DavyScum Revulsion on Wed, 4th Mar 2020 6:24 am
You are really pathetic DavyScum:
Hate crimes in the form of mass murder against Americans-Jews and Blacks and Democratic Elected Officials-by Trumptards like yourself have skyrocketed over the past four years of Trump so what how do you respond? You cite a “like” by an obscure councilman as your evidence of extremism by Democrats. That makes you simply disgusting. Not to mention a pathological liar and hypocrite of the very worst sort.
Abraham van Helsing on Wed, 4th Mar 2020 8:06 am
Living in a city will cost you three years of your life:
https://www.spiegel.de/wissenschaft/luftverschmutzung-in-staedten-ist-gefaehrlicher-als-rauchen-und-aids-a-bbe352a6-7d16-40dd-bf2a-0c544f8675cf
Global average. In Europe with strict standards it is probably less.
One more reason to pursue the energy transition.
Abraham van Helsing on Wed, 4th Mar 2020 8:15 am
McKinsey: Germany could be the new #1 in e-vehicles as of 2021 and overtake China:
https://www.spiegel.de/auto/autoindustrie-wird-deutschland-2021-zum-elektroauto-marktfuehrer-a-2b6d3c2d-3ab1-464d-bc63-94f213acc6b1
Reason: increased European demand, where both US and Chinese demand are collapsing.
2019:
EU: +44%
US: -12%
China: -33%
Reason: European subsidies and CO2 pricing.
Davy on Wed, 4th Mar 2020 8:20 am
“Reason: increased European demand, where both US and Chinese demand are collapsing.”
Auto demand is collapsing everywhere clogo. Give me those huge +44% increase in vehicle numbers. ROFLO. My God between you and the Lunatic juanPee this place is hilarious.
Sissyfuss on Wed, 4th Mar 2020 8:25 am
A brilliant move by the corporatists of the Dem party to get Bootinjizz and Klownachar to drop out and endorse Slowing Joe just before Super Tuesday. The DNC is back in charge and ready to repeat the disaster of ’16. We are on the verge of becoming a one party system, like our Chinese bedfellows.
Duncan Idaho on Wed, 4th Mar 2020 9:07 am
We are on the verge of becoming a one party system, like our Chinese bedfellows.
Dims and Repugs?
Pepsi and Pepsi Lite
Both “capitalist”
One party State
world grater supremacist muzzies bag day on Wed, 4th Mar 2020 9:47 am
supertrads
if the love u makeis equal to the loe u take then why is muzzie hisbut tahair in illinois
not thrown off building?
muzzie said conquer rome america
muzzie said karamchen said conquer russia, france, america, rome, china, kashmire
world grater supremacist muzzies assn for grater love on Wed, 4th Mar 2020 9:51 am
supertards
pls change ur underwear after 5 days, my goal is 4 and 100 pairs so i don’t have to do laundry often
DerHundistLos on Wed, 4th Mar 2020 10:00 am
Sorry, Sissyfuss, the people voted and your guy lost Super Tuesday. In case you were not aware, the DNC does not cast a ballot in primaries, but why do you care if “Bootinjizz and Klownachar” dropped out of the race since you hated them anyway?
You come off sounding like a sore loser, which is surprising. I’m a team player. If Bernie is the nominee he will have my enthusiastic support.
Duncan, since according to your analysis the “Dims and Repugs” are the same, why comment at all on politics?
joe on Wed, 4th Mar 2020 10:01 am
Will Epsteins best friend Hillary Clinton run again? The superpacs are getting ready to decide when this shit show goes to a second round. It’s such a slam dunk. Either a corrupt white alzheimers rich man runs against trump, or Hillary. Aoc wont be able to say no. Ha ha ha ha. LOCK HER UP, LOCK HER UP!!!!!!
Dnc is classic. The west is moved from its decline phase to its speedy collapse.
DerHundistLos on Wed, 4th Mar 2020 10:14 am
Siss-
Now I understand why you hate Klobuchar and Mayor Pete…… because they threw their support behind VP Biden, not Bernie.
Sad.
DerHundistLos on Wed, 4th Mar 2020 10:15 am
joe the Davy the sock puppet….. shut up already.
DerHundistLos on Wed, 4th Mar 2020 10:22 am
95 Environmental Rules Being Rolled Back Under Trump
“President Trump has made eliminating federal environmental regulations a priority. His administration, with help from Republicans in Congress, has targeted environmental rules it sees as burdensome to the fossil fuel industry and other big businesses.”
“Our list represents two types of policy changes: rules that were officially reversed and rollbacks still in progress.”
“Based on research from Harvard Law School, Columbia Law School and other sources, counts more than 90 environmental rules and regulations rolled back under Mr. Trump.”
58 ROLLBACKS COMPLETED
37 ROLLBACKS IN PROCESS
95 TOTAL ROLLBACKS
https://www.nytimes.com/interactive/2019/climate/trump-environment-rollbacks.html?action=click&module=moreIn&pgtype=Article®ion=Footer
joe on Wed, 4th Mar 2020 10:22 am
Bloomberg’s out. Clinton/Biden 2020????
Epsteins revenge!!!!
joe on Wed, 4th Mar 2020 10:25 am
The Democratic race is rigged progressives, dont you get it. Your movement is being managed by the elites. You guys are such useful idiots, classic commie trap
world grater muzzies supremacist for love of muzzies on Wed, 4th Mar 2020 10:35 am
why whitey supertard richard heinberg loves muzzies so much
everyone a muzz lover
darkie supertard david manning said we are all pimps and players and muzzie lovers on Wed, 4th Mar 2020 10:41 am
Kashmir wing of al-Qaeda vows to “free the land of Kashmir from the Hindu polytheists, and will implement sharia”
Mar 4, 2020 11:00 am By Robert Spencer 1 Comment
We’re constantly told that jihad terrorism has nothing whatsoever to do with Islam, and that only racist, bigoted and greasy “Islamophobes” think otherwise. Why is it, however, that the jihad terrorists themselves never seem to get the message?
darkie pastor supertard james david manning said we are all pimps and players and muzzie lovers on Wed, 4th Mar 2020 10:44 am
bcause muzies are going “inner struggle” tat why
no reacton to whitey supertard philip haney deth.
betet watch out those two FGMs in congress
tey may go inner struggle and take out whitey supetrad trump
everybody loves supremacist muzzies assn on Wed, 4th Mar 2020 12:34 pm
muzzies roasted other muzzies in afghanistan
whitey supertard roasted muzzies
muzzies are mandated to not make peace with infidels because supremacist muzzies consider infidels catle, lowest of the low.
this is why muzzie akbar sayeed said whitey supertard john brady is dot cat and monkeys.
sticks and stones
but whitey supertard john brady committed suicide
officer sean collier was killed by muzzie. MIT scrubbed all information about muzzie
everybody loves muzzies
Davy on Wed, 4th Mar 2020 12:45 pm
“DerHundistLos on Wed, 4th Mar 2020 10:15 am”
You are barking up the wrong tree, stupid. I am upfront and direct for my dislike of the extremist blind lying liberals like you, der hund. You are a disgrace to the constitution. The reason liberalism is so fucked up is people like you.
Davy on Wed, 4th Mar 2020 1:05 pm
It’s time for me to finally come clean…..enough of the lies and hypocrisy.
The sad reality of what is happening is I have weaponized the bad behavior of taking people identities and using multiple fake handles. This then gets used against me and the result is a forum any normal person with a rational and intelligent mind will avoid. I don’t care because for me this is about a turf war and I have nothing better to do with my meaningless widdle life.
I like to think this is my own private forum to say and do as I please. It isn’t.
I want this place to submit to my will. They won’t.
If I don’t get what I want then nobody does cus i think i’m special. I’m not.
I don’t care to contribute either I just want to have this place to myself and play my mind games and copy and paste off topic spam and pretend i’m neutering everyone else. Insane huh?
Obviously, this is driving people off but who cares. I don’t cus i’m a liar and a hypocrite. And a selfish dumbass.
Davy on Wed, 4th Mar 2020 1:10 pm
Re: Davy on Wed, 4th Mar 2020 1:05 pm
Is this what accounts for my screen name, DavyScum?
world grater supremacist muzzies love assn on Wed, 4th Mar 2020 1:18 pm
Davy on Wed, 4th Mar 2020 1:05 pm
above not supertard obv.
supertards please change ur underwear afer 5 days
my goal is 4
world grater supremacist muzzies love council of the umma on Wed, 4th Mar 2020 1:27 pm
supertard der
why u bother supertard
please be respectful of supertard
world grater supremacist muzzies love council of the ummah on Wed, 4th Mar 2020 3:56 pm
muzzie passed secret info to muzzies
military love muzies 2000x
sooner or later muzzies FGMs gona go “inner struggle”
Anonymouse on Wed, 4th Mar 2020 4:41 pm
Good for you exceptionalturd. Confession as they say, is good for the soul. Not that you anything resembling one of those, but, the part about confessing being good still applies. You’ve been stinking up the place for years, actually like a goats ass, and generally being a world-class A-hole.
While your confession is the most, or possibly the only honest thing you have ever said here, we still feel that voluntary submitting to the care of a mental health professional, or maybe an entire team of them, is your only real option going forward.
dumbass.
joe on Wed, 4th Mar 2020 5:00 pm
The Republican race is rigged conservatives, dont you get it. Your movement is being managed by the elites. You guys are such useful idiots, classic commie trap
The obsessive compulsive stalker on Wed, 4th Mar 2020 5:50 pm
Good for you exceptionalturd. Confession as they say, is good for the soul. Not that you anything resembling one of those, but, the part about confessing being good still applies. You’ve been stinking up the place for years, actually like a goats ass, and generally being a world-class A-hole.
While your confession is the most, or possibly the only honest thing you have ever said here, we still feel that voluntary submitting to the care of a mental health professional, or maybe an entire team of them, is your only real option going forward.
dumbass.
makati1 on Wed, 4th Mar 2020 5:50 pm
Food for thought: “China’s Coronavirus: A Shocking Update. Did The Virus Originate in the US?”
“The Western media quickly took the stage and laid out the official narrative for the outbreak of the new coronavirus which appeared to have begun in China, claiming it to have originated with animals at a wet market in Wuhan.
In fact the origin was for a long time unknown but it appears likely now, according to Chinese and Japanese reports, that the virus originated elsewhere, from multiple locations, but began to spread widely only after being introduced to the market.
More to the point, it appears that the virus did not originate in China and, according to reports in Japanese and other media, may have originated in the US.”
https://www.globalresearch.ca/china-coronavirus-shocking-update/5705196
That would be an interesting twist to the Empire’s death. A boomerang virus. LOL
JuanP on Wed, 4th Mar 2020 5:51 pm
I obsessive to Anon. I guess that is why we are such good friends. I am a lunatic too. Check out my world grater supremacist muzzies love assn stuff.
Anonymouse on Wed, 4th Mar 2020 5:52 pm
Juan, I am not right either but that is some stupid shit.
makati1 on Wed, 4th Mar 2020 5:54 pm
Food for thought: “China’s Coronavirus: A Shocking Update. Did The Virus Originate in the the Chiinese level 4 biolab?”
“The Western media quickly took the stage and laid out the official narrative for the outbreak of the new coronavirus which appeared to have begun in China, claiming it to have originated at a level 4 biolab in Wuhan which is probably the case.
https://www.globalresearch.ca/china-coronavirus-shocking-update-biolab4/5705196
That would be an interesting twist to my death if the virus gets me. LOL
makati1 on Wed, 4th Mar 2020 6:02 pm
food for thought
“A seafood market at the heart of the coronavirus outbreak has been demolished two months after it was closed down, according to journalist Jennfer Zeng. According to a scientific study published in The Lancet, 66% of patients admitted to Wuhan hospitals (27 out of 41) as of January 2nd had been exposed to the Huanan seafood market. And as Botao Xiao of the South China University of Technology notes, the market was just 918 feet from a Wuhan level-4 biolab conducting experiments on bat coronavirus. Of course, China denies that the4 virus originated at the seafood market – publishing via CCP mouthpiece The Global Times a report titled: “New Chinese study indicates novel coronavirus did not originate in Huanan seafood market.” According to the brand new study by Chinese researchers published on Feb 21, the novel coronavirus may have begun human-to-human transmission in late November from a place other than the Huanan seafood market in Wuhan. Of course, we already knew that, but what is critical is that until now, Beijing was adamant in sticking to the official narrative that it was the Huanan seafood market in Wuhan where the disease emerged, despite not providing any information on what animal was the vector, or who was patient zero. The study suggests that patient zero – who has not yet been identified, and whose identity holds the key to unraveling the mystery of the coronavirus source – transmitted the virus to workers or sellers at the Huanan seafood market. The crowded market facilitated the further transmission of the virus to buyers, which caused a wider spread in early December 2019. According to the researchers, the new coronavirus experienced two sudden population expansions, including one on January 6, 2020, which was related to the Chinese New Year’s Day holiday. So, COVID-19, which is 96% identical to bat coronavirus, didn’t escape from a level-4 biolab that was experimenting on bat coronavirus, located 918 feet from the first cluster of cases – according to China. And now, the seafood market at the heart of the outbreak which has killed over 3,000 globally and continues to rapidly spread, is no more.”
world grater supremacist muzzies love council of the ummah on Wed, 4th Mar 2020 6:04 pm
makato1, please change your diaper
world grater supremacist muzzies love council of the ummah on Wed, 4th Mar 2020 6:13 pm
above not me obv.
supertards please change ur underwear after 5 days
my goal is 4 with 100 pairs so i don’t have to do laundry often.
world grater supremacist muzzies love council of the ummah on Wed, 4th Mar 2020 6:15 pm
juanPee, wash the cum out of your mouth please