Here’s a lengthy but excellent article from The Atlantic: “What If We Never Run Out of Oil?”
It certainly is an interesting concept – one that I find quite credible. For instance, we have recently discovered untapped reservoirs of methane hydrate (think of it was combustible ice) that collectively is the volume of the Mediterranean Sea.
We are in the midst of reviewing our plug-in electric vehicle forecasts, which means scouring data and news sources to get an understanding of how issues are playing out in the court of public opinion. It’s always the fun part of the job to learn what is “news” and what the public is talking about on forums and the
When Gerry Cunningham started building his Southern Arizona zero-energy home in the 1980s, he likely never dreamed that, after his death this year at the age of 88, his solar-powered house would become famous not for its earth-friendly footprint, but as a contender for one of the nation’s weirdest homes.
The contest is called Top 10 Weirdest
The International Energy Agency says that the world has already reached its peak oil production, a surprising conclusion that could have significant effects on future oil prices. In its annual report, the group suggests that production rates likely topped out at about 70 million barrels a day in 2006. Two years ago, the group projected that conventional oil production would likely
While Western governments from the U.S. to the UK debate the validity of “peak oil”, and obfuscate the probability under a cloak of secrecy, the working world wrings its hands, wondering what will happen when the day arrives and the energy needed to fuel industry – the lifeblood of national economies – is no longer available.
The successful development of the controversial oil sands in Canada has prompted oil companies to invest in similar operations elswhere, including Russia, Venezuela, the Congo, and Madagascar, according to a new report.
With the price of crude oil rising, companies — including BP and Shell — are increasingly looking to so-called “unconventional” oil deposits similar to the massive resources of bituminous sands found in Alberta, according to the report by the environmental group, Friends of the Earth.
Route 80 is an amazing American road. It stretches from New York City and the Atlantic ocean to San Francisco and the Pacific. I had the pleasure of traveling on this American road (our second longest) for 15 hours from New York to Iowa. Countless trucks. And two enduring images.
First: An eighteen wheeler carrying a wind turbine blade. The blade curves gently over the length of the truck. Its huge length means it’ll produce more energy than anyone thought possible with wind ten years ago. Energy with no greenhouse gases and no contribution to climate crisis.
Oil supply is not infinite. Sooner or later it will run out. The interesting speculation is when that will happen. In a recent publication of ACS Energy and Fuels, several Kuwaiti scientists have studied this matter with a multicycle Hubbert model. The original Hubbert model in 1956, accurately predicted that oil production would peak in the United States around 1970.
The model has since gained in popularity and has been used to forecast oil production worldwide. However, recent studies show that the model does not take into account more complex oil production cycles of some countries.
We’re in for some climate chaos. The Copenhagen Accord means at least two to four degrees of warming over the next fifty years — and who knows how much “global weirding.” As greenhouse gases trap more heat, or energy, close to the earth, and that energy is used by large weather systems, which move faster and are more intense than ever.
This means more Category 5 hurricanes. More likelihood of Florida snow. My biggest concern about all this change? Eating. If crop yields drop 80 percent as they’re expected to, if we don’t adapt to a changing climate, I might get hungry.
So how do we produce food in a changing climate? How do we produce food with shortages of oil and fuel around the corner? Well we might start, like Joel Salatin’s family-owned Polyface Farm in Virginia, by decreasing inputs to the farm.
With so much volatility in the price of oil over the last decade, who can blame the airline industry for “going big” these past couple months and placing bets on emerging renewable jet fuel companies?
The list of deals is long: AltAir signing an MOU with 14 airlines to supply camelina-based fuel, BioJet and Great Plains working together to develop their own green fuel derived from camelina, Kingfisher Airlines working with three companies on R&D for renewable jet fuel, and Qatar Airways leading a consortium to investigate potential biofuels, just to name a few.
With the United States of America’s ever-mounting trade and budget deficits, unemployment above 10 percent (and, dependent on counting, un- and under-employment above 20 percent), looming peak oil and other resource (water, for example) limitations, environmental challenges, and ever-mounting climate chaos , America faces a very serious situation.
In fact, to one degree or another, these same intertwined challenges (with the exception of trade/budget deficits for some countries) are those face by societies and nations throughout the globe in our networked, systems-of-systems global community.
These serious challenges are a networked system-of-systems that interact and reinforce each other. As we strive to stop digging the holes deeper and climb our way out, we can seek to deal with these challenges in a stove-piped manner or address them with W6 solutions that have wins across multiple arenas:
As the keynote speaker at the Singapore Energy Lecture, Dr. Daniel Yergin was toeing his usual line of optimism on the subject of oil and energy. As the Founder and Chairman of Cambridge Energy Research Associate (CERA), Dr. Yergin has a long career in the energy industry, though one some challenge as upholding the status quo of business and industry.
“The century ahead of us will be defined by energy innovation,” he said in his keynote address. “We need availability and security of energy, and a depth and diversification of energy sources.”
He spoke of the odd timing of the Copenhagen agenda of lowering carbon emissions (of which fossil fuel energy sources are a key contributor) by 2050, as well as projections that by 2030, there would be a substantial growth of energy needs worldwide. Some 80% of which these energy demands are to be met by hydrocarbon sources. Indeed, humanity faces some difficult decisions and conflict in the years ahead: development at what cost?
Last night I had the dubious distinction of being the guy sitting next to former director of the CIA, Ambassador, and Undersecretary of the Navy (a post he held before I was born), and current Senior Vice President of Booz Allen Hamilton and partner at Vantage Point Venture Partners, R. James Woolsey.
He has a fairly clear message that he is happy to share with anyone that will listen:
The United States is at grave risk to both “malignant” and “malevolent” disruptions to the grid and that threat can be addressed through distributed renewable generation which can simultaneously reduce the importance of oil to the ignominious fall from grace of salt.
I have had the pleasure of hearing him speak and spending some time with him before moderating last night’s event, and despite how highly I thought of him before, he did not disappoint. His is a decidedly aggressive approach to the US’ energy future, and like the well trained litigator he is, he presents his case very well. Electric vehicles and distributed renewables are the hallmarks of an utopian (utopic?) energy future, that would leave OPEC states reeling with the need to find, as he puts it, honest work, and reducing the disposable cash reserves some currently use to fund terrorist activities.