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Lack Of New Fossil Fuels Investment May Trigger A New Financial Crisis
Lack Of New Fossil Fuels Investment May Trigger A New Financial Crisis I am an oilfield veteran of 38+ years. Retired from Schlumberger since 2015. My background is drilling and completion fluids. I have authored a number of technical papers on completion topics. I have worked around the world- Brazil, Russia, Scotland, and the Far […]
Modernity is incompatible with planetary limits: Developing a PLAN for the future
Modernity is incompatible with planetary limits: Developing a PLAN for the future Abstract This age of modernity is characterized by consistent growth in energy use, economic activity, and resource consumption, and a generally increasing standard of living—albeit inequitably distributed. All currently living humans, and most academic disciplines, have developed in this age, which appears normal […]
The End Of Venezuela’s Oil Era
The End Of Venezuela’s Oil Era Venezuela, once Latin America’s largest oil producer and a founding member of OPEC, has seen its economically vital oil industry collapse triggering one of the worst economic and humanitarian crises of the century. The pain is far from over for Venezuela’s people and the country’s failing economy. Before 1920, […]
Too clever by half, but not nearly smart enough
Too clever by half, but not nearly smart enough
It’s Worse Than We Thought! How The Global Energy Crisis Will Have Long-Term Consequences
It’s Worse Than We Thought! How The Global Energy Crisis Will Have Long-Term Consequences
#215. The price of equilibrium
#215. The price of equilibrium FUTURITY, REALITY AND THE COMING FINANCIAL CORRECTION The simplest way to define the current economic and broader situation is that consensus expectations and realistically probable outcomes have become polar opposites. One of the most predictable consequences of this disparity is a sharp fall, both in asset pricing and in the viability of […]
We Are Already in Overshoot
We Are Already in Overshoot
The Divestment Movement’s Big Month
The Divestment Movement’s Big Month Investors, foundations, universities and governments pulled their assets from fossil fuel companies in record numbers in October. The decades-long push to get large investment funds to pull their money from destructive oil, gas and coal has made several major leaps forward in the past month. One of the biggest occurred […]
In Response To Soaring Gas Prices, Biden Orders FTC To “Immediately” Probe “Illegal Conduct” By Oil & Gas Companies
In Response To Soaring Gas Prices, Biden Orders FTC To “Immediately” Probe “Illegal Conduct” By Oil & Gas Companies Commenting on perhaps the most absurd moment of the Xi-Biden virtual summit, which as we learned last last night, was the US president begging China to release oil from its strategic petroleum reserve (ostensibly because due to opposition […]
EU Gas Prices Soar On NS2 Delays, Sudden Belarus Pipeline Closure
EU Gas Prices Soar On NS2 Delays, Sudden Belarus Pipeline Closure European natural gas prices continue to soar after Nord Stream 2 pipeline delays were seen earlier this week, and now a major crude pipeline from Russia into Europe has temporarily halted flows due to “unscheduled repairs.” The newest market generated information pushing up European natgas prices […]
COP26 – Caught in a Net: Agriculture, Climate Change, and the Decarbonisation Agenda
COP26 – Caught in a Net: Agriculture, Climate Change, and the Decarbonisation Agenda The 2021 United Nations Climate Change Conference, also known as COP26, is the 26th of its kind. After a Covid-related postponement, it was held this year in Glasgow, Scotland between October 31 and November 12. Dr Chris Maughan has been in Glasgow for […]
What is The Venus Project and Why Can It Never Be Attained?
What is The Venus Project and Why Can It Never Be Attained? Something which is difficult to get away from when it comes to the predicament of ecological overshoot and all of its offshoots such as climate change is the wide array of different plans for so-called “solutions” for these predicaments. Perhaps, ironically, the most […]
Another extraordinary delusion: Mining helium from the Moon
Another extraordinary delusion: Mining helium from the Moon Asia Times tells us that there is a “secret mining war” taking place in space over helium-3, a version of helium which is surprisingly abundant on the Moon. Helium-3 is an isotope of helium with two protons and one neutron. The far more prevalent arrangement is helium-4, two […]
Used Car Battery Problems Take Shine Off China’s ‘Green’ New Energy Vehicles
Workers assemble electric cars in a factory in Zouping, east China’s Shandong Province on Sept. 16, 2014. (AFP/AFP/Getty Images) Used Car Battery Problems Take Shine Off China’s ‘Green’ New Energy Vehicles In the last decade, China has rapidly expanded its “green” new energy vehicle (NEV) industry but recycling and disposing of hundreds of thousands of […]
California Gas Prices Reach New Record High
Gas prices nearing $5.00 a gallon are displayed at Chevron and Shell stations in San Francisco, Calif., on July 12, 2021. (Justin Sullivan/Getty Images) California Gas Prices Reach New Record High The average price of a regular gallon of gasoline in California reached a record high on Monday as sticker shock continues to anger drivers paying more […]
