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UAE Plans $150 Billion Spending Spree To Boost Oil Output To 5MM Barrels By 2027
UAE Plans $150 Billion Spending Spree To Boost Oil Output To 5MM Barrels By 2027 With oil tumbling ahead of the grueling 2023 recession, the last thing OPEC+ and (bullish) oil traders wanted to see is even more supply coming on line, and yet that’s precisely what the a core gulf hub is proposing. According […]
The Laws of Thermodynamics Will Not Bend for Landfills
The Laws of Thermodynamics Will Not Bend for Landfills Illustration by Rey Velasquez Sagcal An expert on waste management responds to Palmer Holton’s “Universal Waste.” You handle waste every day. Tissues. Bottles and cans. Kitchen scraps, maybe yard trimmings. And plastics. So many plastics. The wet, the dry, the smelly, and the disgusting. But the stuff […]
Canadian Banks Slammed For Continued Fossil Fuel Investments
Canadian Banks Slammed For Continued Fossil Fuel Investments Canadian banks are receiving backlash from investors for their continued investments in fossil fuels. All Canadian banks were revealed to have increased their exposure to fossil fuels between 2020 and 2021, by between 25 percent—TD and BMO—and 132 percent for CIBC. The report is the latest example […]
Conditioned To Believe
Conditioned To Believe In a High-Tech Future We Trust Photo by John Fowler on Unsplash Many of us believe firmly in a Star Trek world to come, where technology and science would eventually have an answer to every problem we face today: from cancer to infinite growth on a finite planet. (Not that these are two different things […]
‘A gentle calm’: France’s streets once again echo to sound of working horses
‘A gentle calm’: France’s streets once again echo to sound of working horses Dispar, a Breton draft horse, pulls refuse collectors in Hennebont, Brittany. Photograph: Thomas Louapre/The Guardian Towns say they are not driven by nostalgia as they opt for horsepowered bin collections and school runs The clip-clop of hooves marked the start of the morning […]
Spotlight: The Diesel Fuel Crunch
SPOTLIGHT: THE DIESEL FUEL CRUNCH PRICE OF DIESEL FUEL SETS RECORD While gasoline prices have risen 14 percent so far this year, diesel’s price has shot up by 50 percent to a record $5.35 a gallon, according to the American Automobile Association. As of 17 November, the U.S. average price of diesel was $1.61 more […]
US Nuclear Reactors Among The Oldest In The World
US Nuclear Reactors Among The Oldest In The World The United States’ 92 nuclear reactors currently in operation have a mean age of 41.6 years, the third oldest in the world. As Statista’s Katharina Buchholz reports, the only nuclear fleets that are older are those of Switzerland (46.3 years) and Belgium (42.3 years). Also older are […]
The Diesel Crunch Is Finally Causing Demand Destruction
The Diesel Crunch Is Finally Causing Demand Destruction Diesel inventories slumped to their lowest level for the time of the year since 1951. signs have emerged that weaker demand in the past weeks may have slowly started to rebuild diesel inventories. Refiners are processing more crude oil to capture the still high refining margins. High […]
The Illusion of Control
The Illusion of Control Dale Hollow Reservoir, Tennessee How often do you think of schizophrenia? Are you aware that most of Western society suffers from collective schizophrenia? I’ve mentioned wetiko in this space often, because of the implications it has with modern civilization. For those unfamiliar with wetiko, please see this article. Most people completely ignore the unsustainability of […]
Entire Season Of Snow Could Dump On Texas Panhandle; Pipeline Operators Warned About ‘Freak Storm’
Entire Season Of Snow Could Dump On Texas Panhandle; Pipeline Operators Warned About ‘Freak Storm’ One of the snowiest spots in the country during the Thanksgiving holiday is a very unlikely place: the Texas panhandle. Weather Underground provides two forecasts: the EURO Model beating the GFS Model regarding how much snow accumulation is expected across […]
Huge Swathes Of Ukraine Without Power & Water After New Russian Strikes
Huge Swathes Of Ukraine Without Power & Water After New Russian Strikes Ukraine’s energy operator Energoatom has announced Wednesday emergency power shutdowns in effect across all regions of the country amid a new large wave of Russian airstrikes. Sirens have been sounding throughout the day across the country. President Volodymyr Zelensky in follow-up estimated that 10 million Ukrainians now […]
The Renewable Energy Transition Is Failing
The Renewable Energy Transition Is Failing Not sustainable: Vast quantities of minerals and metals are required for the renewable energy transition. (Photo credit: AleSpa/Wikimedia Commons) Renewable energy isn’t replacing fossil fuel energy—it’s adding to it. Despite all the renewable energy investments and installations, actual global greenhouse gas emissions keep increasing. That’s largely due to economic […]
“The Oil Machine” and the Changing Climate.
“The Oil Machine” and the Changing Climate. Released smartly in time for the COP27 climate change conference, the film “The Oil Machine”, presents a stark picture of the imperative to cut our use of fossil fuels, in particular crude oil, but moreover of our utter dependency on the “black gold” for practically all aspects of modern civilization. While […]
