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Mobility is NOT a business: Why the pandemic-induced collapse of mass transit should concern us all
Mobility is NOT a business: Why the pandemic-induced collapse of mass transit should concern us all People have always needed to get from here to there whether by foot, by horse, by ship, by train, by car, by bus or by plane. Civilization DEPENDS on the mobility of humans and the produce they cultivate and […]
China Endures Worsening Electricity Shortages In Name Of Punishing Australia
China Endures Worsening Electricity Shortages In Name Of Punishing Australia Coal is among the latest in a growing list of major Australian exports hit by severe restrictions in China, also including commodities like cotton, timber wine, lobster, and barley. While Chinese citizens might be able to forgo luxuries for a while like Aussie wine as well […]
Why Site C Construction Should Stop Today
Why Site C Construction Should Stop Today The BC government has failed in its oversight role, say a former BC Hydro CEO and a veteran dam engineer. Construction on the Site C powerhouse continues despite known geotechnical risks. Photo: BC Hydro. Site C is the most expensive publicly funded infrastructure project in British Columbia’s history and […]
Musk: Electric Cars Will Require a Lot More Electric Power Than We Currently Have
Musk: Electric Cars Will Require a Lot More Electric Power Than We Currently Have AP Feed Tesla CEO Elon Musk says we’ll need more electricity to power cars like his. A lot more. Tesla Chief Executive Elon Musk said on Tuesday that electricity consumption will double if the world’s car fleets are electrified, increasing the need […]
The Oil Refinery Crisis Will Worsen This Winter
The Oil Refinery Crisis Will Worsen This Winter It was only to be expected that many of the world’s refiners would be pinched between low demand for finished products and rising inventories as the pandemic lockdowns continue to stifle activity. But the warm December that is expected this year is also threatening finished products demand. And […]
One Little Problem with the “All-Electric” Auto Fleet: What Do We Do with all the “Waste” Gasoline?
One Little Problem with the “All-Electric” Auto Fleet: What Do We Do with all the “Waste” Gasoline? Regardless of what happens with vaccines and Covid-19, debt and energy–inextricably bound as debt funds consumption– will destabilize the global economy in a self-reinforcing feedback. Back in the early days of the oil industry (1880s and 1890s), the […]
The Dark Side of Solar Power
THE DARK SIDE OF SOLAR POWER Everybody loves solar power, right? It’s nice, clean, renewable energy that’s available pretty much everywhere the sun shines. If only the panels weren’t so expensive. Even better, solar is now the cheapest form of electricity for companies to build, according to the International Energy Agency. But solar isn’t all apples […]
Why The World Might Not Have Enough Oil To Meet Demand Trough 2050
Why The World Might Not Have Enough Oil To Meet Demand Trough 2050 The world is on track to run out of sufficient oil supplies to meet its needs through 2050, despite lower future demand due to the Covid-19 pandemic and the accelerating energy transition – unless exploration speeds up significantly and capital expenditure of […]
Finding A Way Around The World’s Largest Oil Chokepoint
Finding A Way Around The World’s Largest Oil Chokepoint Oil is sometimes referred to as ‘black gold’. The discovery and export of fossil fuels have led to tremendous wealth creation for certain countries. In this sense, no region in the world is more blessed than the Middle East. Especially the countries surrounding the Persian Gulf […]
Why The World Can’t Quit Fossil Fuels
Why The World Can’t Quit Fossil Fuels Have the recent pronouncements of the death of oil and reigning renewables been more rhetoric than reality? Yes and no. It’s true that peak oil is now closer than ever, and globally we’re seeing a more earnest effort to decarbonize than ever before, in large part thanks to […]
The curse of ‘white oil’: electric vehicles’ dirty secret
Brine pools and processing areas of the Rockwood lithium plant on the Atacama salt flat, Chile. Photograph: Iván Alvarado/Reuters The curse of ‘white oil’: electric vehicles’ dirty secret The race is on to find a steady source of lithium, a key component in rechargeable electric car batteries. But while the EU focuses on emissions, the […]
U.S. crude output to decline more than previously forecast in 2020 -EIA
U.S. crude output to decline more than previously forecast in 2020 -EIA NEW YORK (Reuters) -U.S. crude oil production is expected to fall by 910,000 barrels per day (bpd) in 2020 to 11.34 million bpd, the U.S. Energy Information Administration (EIA) said on Tuesday, a steeper decline than its previous forecast for a drop of […]
Wikileaks Cables: Saudi Arabia Oil Reserves Overstated
Wikileaks Cables: Saudi Arabia Oil Reserves Overstated UNYOM The United States fears that Saudi Arabia, the world’s largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show. The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government […]
Investing For The Greenwash Bubble
Investing For The Greenwash Bubble Update: Ironically, this post has been censored by Facebook and other social media co’s, despite it containing no factual errors. Greenwashing, in case you don’t know, is the “disinformation disseminated by an organization so as to present an environmentally responsible public image”. You know, this sort of thing: This is taken […]
