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Summer Heat Could Wreak Havoc On Texas’ Grid
Summer Heat Could Wreak Havoc On Texas’ Grid Experts warn that Texans should be prepared for another massive grid failure. While Texas has made some progress in increasing surplus energy flow to the grid, high demand may overwhelm embattled ERCOT. Despite warnings, ERCOT remains confident that it can manage the increase in energy demand this […]
Social tipping points of the 2020s
Social tipping points of the 2020s Anyone who reads the news and walks the earth with open eyes sees that in this day and age “all that is solid melts into air, all that is holy is profaned.” But we are only at the beginning of epochal changes. Our ecosystem and socio-economic system are already flickering and it’s […]
Australian fuel import bill going sky-high
Australian fuel import bill going sky-high In March 2022 Australia’s petroleum product imports have reached almost AU$ 4 bn per month, an increase of 70% compared to December 2019. Fig 1: Petroleum product imports by volume (black lines) and value (brown line) Fig 2: Australian dollar to US$ exchange rate The Australian Dollar was also […]
One Billion People At Risk Of Power Blackouts As Global Grids Stretched
One Billion People At Risk Of Power Blackouts As Global Grids Stretched This summer, power grids worldwide won’t produce enough electricity to meet the soaring demand, threatening more than one billion people with rolling blackouts. Grids are stretched thin by fossil fuel shortages, drought and heatwaves, commodity disruptions and soaring prices due to the war […]
We Have A Scalability Issue
We Have A Scalability Issue When the sea refuses to scale up to accommodate your shipwreck. Image credit Timur M via Unsplash At the dawn of the industrial revolution less than 1 billion humans inhabited this earth. We’ve consumed only a small proportion of the easy to access ores of iron, copper and coal. With the […]
Citi: Soaring Energy Bills Raise Chances Of Windfall Taxes In Europe
Citi: Soaring Energy Bills Raise Chances Of Windfall Taxes In Europe Gas and electricity bills in Europe could jump to 4.5 percent of household disposable income in 2023. Rising utility bills raise pressure on politicians to implement windfall tax. Rising energy commodity prices weigh most on Eastern European countries. The higher the energy bills in […]
The End Of Growth Is Here
The End Of Growth Is Here Thank God and not a moment too soon Photo by author — old truck — Slab City February 2022 It was bad before. Before we decided to exponentially increase the thermodynamic whoopee Kurt Vonnegut Jr. warned us about, but now, not only have we decided to add a whole […]
Washington state gas stations run out of fuel, prep for $10 a gallon
Washington state gas stations run out of fuel, prep for $10 a gallon Gas stations in Washington state are resetting their price boards to accommodate double digits in preparation for fuel prices potentially reaching $10 a gallon, according to a report. The move comes as several gas stations in the Evergreen State ran out of […]
Running On Empty
Running On Empty Well, we definitely seem to have passed a threshold of sorts. For most of the sixteen years since I started blogging, one of the things I had to point out constantly to my readers was the slow pace of historical change. Whenever I posted an essay on the twilight of industrial society, […]
Crisis-Hit Sri Lanka Defaults On Debt As It Runs Out Of Fuel
Crisis-Hit Sri Lanka Defaults On Debt As It Runs Out Of Fuel There’s no money to buy petrol, the crisis-hit Sri Lankan government said Wednesday as it urged citizens to “not to wait in line” for fuel, and following violent protests in the streets, which started in early April in the capital of Colombo and quickly […]
Sri Lanka Out of Gasoline, ‘Difficult’ Months Ahead, Prime Minister Says
Sri Lanka’s new Prime Minister, Ranil Wickremesinghe (C), visits a Buddhist temple after his swearing in ceremony in Colombo on May 12, 2022. (Ishara S. Kodikara/AFP via Getty Images) Sri Lanka Out of Gasoline, ‘Difficult’ Months Ahead, Prime Minister Says Sri Lanka has run out of gasoline and the country’s finances are “extremely precarious,” its new prime […]
Putin: Oil Sanctions Will Be Europe’s “Economic Suicide” On Orders From “American Overlords”
Putin: Oil Sanctions Will Be Europe’s “Economic Suicide” On Orders From “American Overlords” Russian President Vladimir Putin announced that EU countries are committing “economic suicide” by refusing Russian energy resources amid a push to impose an oil embargo, but which has been thus far blocked by Russian energy-dependent Hungary and a handful of others. As quoted in […]
Advancing interconnected solutions to the food, energy and finance crises
Advancing interconnected solutions to the food, energy and finance crises The governing body of the United Nations Food and Agricultural Organization (FAO) met in Rome on April 8, 2022 in an Extraordinary Session to examine the “impact of the Ukraine-Russia conflict on global food security and related matters under its mandate” and advise on how it should proceed. Meanwhile, just two […]
