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Category Archives: Energy
So, What Should We Do?
So, What Should We Do? Pictures of wildfire damage at Glacier National Park in Montana 2016 What type of activities will help in reducing the effects of ecological overshoot? I’m often asked this question when I point out that solar panels, wind turbines, nuclear energy, hydroelectric dams, EVs, and all other technological devices will not […]
The U.S. Shale Revolution Has Surrendered to Reality
The U.S. Shale Revolution Has Surrendered to Reality Fracking companies aren’t drilling as investment continues to dry up. Image: Fossil fuel oil well. Credit: CL Baker. CC BY 2.0 “Drill, baby, drill is gone forever.” That was the recent assessment of Saudi Prince Abdulaziz bin Salman of the American oil industry’s future potential. As Saudi Arabia’s energy minister, […]
When climate breakdown goes nuclear
When climate breakdown goes nuclear Wikipedia Nuclear is on the front-line of climate change – and not in a good way. Climate models have run hot in the last year. As knowledge of climate sensitivity and polar ice melt-rate evolves, it’s become clear that sea-level rise is significantly faster than previously thought – which means more frequent and destructive storm, […]
MIT Predicted in 1972 That Society Will Collapse This Century. New Research Shows We’re on Schedule.
MIT Predicted in 1972 That Society Will Collapse This Century. New Research Shows We’re on Schedule. A 1972 MIT study predicted that rapid economic growth would lead to societal collapse in the mid 21st century. A new paper shows we’re unfortunately right on schedule. IMAGE: GETTY A remarkable new study by a director at one of […]
Biomass: The EU’s Great ‘Clean Energy’ Fraud
Biomass: The EU’s Great ‘Clean Energy’ Fraud “The professionalization of the biomass industry is a problem that needs attention.”–Bas Eickhout, Dutch politician and member of the European Parliament. When it comes to the global shift to low-carbon energy sources, Europe has traditionally been viewed as the world leader while the United States has frequently been […]
World’s Recoverable Oil Resources Shrinks By 9%
World’s Recoverable Oil Resources Shrinks By 9% Every year and following the publication of the BP Statistical Review, Rystad Energy releases its own assessment to provide an independent, solid and clear comparison of how the world’s energy landscape changed last year. Our 2021 review deals a major blow for the size of the world’s remaining […]
Yellen Urges Development Banks To Stop Fossil Fuel Funding
Yellen Urges Development Banks To Stop Fossil Fuel Funding U.S. Treasury Secretary Janet Yellen is prepared to gather together the heads of development banks to persuade them to stop fossil fuel project funding, according to Bloomberg. The Treasury Secretary intends to “articulate our expectations that the MDBs align their portfolios with the Paris Agreement and net-zero […]
Myth #22: Nate Hagens discredits claim “We Can Always Get More Resources If We Have More Money”
Myth #22: Nate Hagens discredits claim “We Can Always Get More Resources If We Have More Money” “We can create money, but we cannot create energy, only extract what exists — FASTER.” “We can create money, but we cannot create energy, only extract what exists — FASTER. And importantly, when money is created the interest is […]
The show is over.
The show is over. Climate strike in Lausanne Tomorrow 150 weeks will have passed since we started to school strike for the climate. During this time more and more people around the world have woken up to the climate- and ecological crisis, putting more and more pressure on you — the people in power. Eventually […]
Oil Spreads Trading at Historically Unrealizable Levels
Oil Spreads Trading at Historically Unrealizable Levels Outright oil prices have continued to rally this year as economies recover from impaired pandemic levels, however calendar spreads have been unable to realize their bullish intent. In fact, calendar spread structures have continued to disappoint into expiration. In some respects this is less about a failure of […]
Still More Green Hypocrisy In the EU, This Time Hydrogen
Still More Green Hypocrisy In the EU, This Time Hydrogen Let’s discuss the meaning of “Green” EU style. Hooray More Green Energy! The EU is cheering a new hydrogen project at a refinery in Germany. The plant will be built by Shell and ITM power and will be able to produce about 1,300 tonnes of […]
California Grid Strained As Power Shortfalls Loom
California Grid Strained As Power Shortfalls Loom Amid another heat wave across the Western half of the US, California issued a stage-2 power-grid emergency alert Friday and urged customers to conserve power as temperatures surpassed 100 degrees, according to The Sacramento Bee. The state’s grid operator, California Independent System Operator (ISO), issued the alert on Friday, […]
A looming oil price super cycle will likely be the last
A looming oil price super cycle will likely be the last After a pandemic and a price war sent petroleum prices tumbling in 2020, they are again on the rise. A new oil price super cycle — an extended period during which prices exceed their long-term trend — seems to be in the making. That’s being […]
What is Ecological Overshoot?
What is Ecological Overshoot? What is ecological overshoot and why is it important? Is it a more important predicament than climate change? What about energy and resource decline – more important than it? The answer to the latter two questions is YES and ecological overshoot is important because it is the predicament which is causing all the other predicaments […]
Today’s Contemplation: Collapse Cometh XXV
Today’s Contemplation: Collapse Cometh XXV Tulum, Mexico (1986) Photo by author This contemplation was prompted by an article regarding an ‘independent’ think tank’s report that presented the argument that government funding of the oil and gas industry needed to be shifted towards ‘green/clean’ alternatives. I’ve included a few hyperlinks to sites that expand upon the concepts/issues discussed. […]
