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Tag Archives: fossil fuels
Finite Feeding Frenzy
Finite Feeding Frenzy Image by ariesjay castillo from Pixabay You may be aware that our food industry is heavily dependent on fossil fuels, to the point that it takes about 10 kcal of energy input to deliver 1 kcal of consumed food. The enormous energy multiplier is due to extensively mechanized plowing, harvesting, processing, and delivery […]
Why Economic Models Neglect Energy, and Why That’s a Problem
Why Economic Models Neglect Energy, and Why That’s a Problem As the Fed raises interest rates to fight inflation, the economic models they use include energy as a small part of the overall picture. Is that model flawed? Jed Dorsheimer, head of Group Head of Energy & Sustainability at William Blair and former advisor on […]
BP weighs ending its 70-year-old Statistical Review of World Energy
BP weighs ending its 70-year-old Statistical Review of World Energy An illuminated BP logo is seen at a petrol station in Gateshead, Britain, September 23, 2021. REUTERS/Lee Smith/File Photo LONDON, Nov 28 (Reuters) – BP (BP.L) is considering ending the publication of its Statistical Review of World Energy, over 70 years after it first published the benchmark […]
Science Snippets: Peak Fossil Fuels
Science Snippets: Peak Fossil Fuels Latest peer-reviewed journal article appears in the prestigious Elsevier series of journals: McPherson, Guy R., Beril Sirmack, and Ricardo Vinuesa. March 2022. Environmental thresholds for mass-extinction events. Results in Engineering (2022), doi: https://doi.org/10.1016/j.rineng.2022.100342. Full text: When the head of the conservative International Energy Agency admits we are in the midst of the […]
Peter Zeihan: You’re Being Instructed Not to Notice This!!!
Peter Zeihan: You’re Being Instructed Not to Notice This!!! https://youtu.be/6pLAaWUUM6c
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 […]
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 […]
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 […]
#243. The Great Inflexion
#243. The Great Inflexion A SYSTEM UNRAVELS INTRODUCTION As everyone surely knows by now, the global economy has entered a recession which is likely to be both severe and protracted. For the most part, governments and central bankers are concentrating on the task of trying to tame inflation. Their critics tend to argue for more expansionary […]
Electricity vs Oil
Electricity vs Oil The epic battle that never was Photo by Maksym Kaharlytskyi on Unsplash In light of the diesel crisis unfolding around the globe I thought it would be worthwhile to touch upon the topic of electrification. Will EV-s be our saving grace? Can we save the climate and our modern way of life by switching to […]
Most plastic isn’t recycled, burns in fires at recycling centers
Most plastic isn’t recycled, burns in fires at recycling centers Preface. Plastics are just one of 500,000 products made out of oil and gas, but very important to just about every aspect of society, from making vehicles lighter so go further using less energy, to clothes, food storage, bags, toothbrushes, buckets, garbage bins, toys, carpets, […]
384 billion serfs
384 billion serfs Why it’s so hard to scale down fossil fuels In an 8-hour workshift, a healthy 35-year-old man can generate about 75 watts of mechanical power per hour, enough to keep a bright old-fashioned light bulb going. In a year, he can generate about 140 kilowatt-hours. How does that compare to the energy embodied […]
How Inflation Will Impact The 2020s & 2030s
How Inflation Will Impact The 2020s & 2030s Economic Macro Trends Of The Coming Decades And How They Shape My Investment Strategy. Image by Alain Bonnardeaux Recently, people have been asking me a lot about what the next 10–20 years will look like. How inflation will impact the economy and what this means for them personally. This […]
#242. The dynamics of global re-pricing
#242. The dynamics of global re-pricing IN SEARCH OF EXPLANATIONS SUMMARY There is a growing acknowledgement that the World economy has entered a new era. We know that the cost of capital is trending upwards, with adverse consequences for asset prices. But there’s been remarkably little inclination to examine the underlying processes that are causing this […]
