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Why Can’t Japan Kick Coal And Nuclear?
Why Can’t Japan Kick Coal And Nuclear? Earlier this year we reported on a startling anomaly in the global energy market that even the experts couldn’t have predicted. Just one nation, alone against the greening tides, was turning back to coal–Japan. Now, half a year later, a newly released report shows that Japanese financial institutions […]
What If There Isn’t Enough Energy Going Forward?
Nuttapong/Shutterstock What If There Isn’t Enough Energy Going Forward? We’ll be forced to live with less. Maybe a LOT less. Currently the media is breathlessly cheering the record amounts of US oil production. Stories like this one get top billing on major news websites: Texas Gulf Coast exports more oil than it imports for the […]
Why The Coming Oil Crunch Will Shock The World
Anton Balazh/Shutterstock Why The Coming Oil Crunch Will Shock The World And why we need a new energy strategy — fast. My years working in corporate strategy taught me that every strategic framework, no matter how complex (some I worked on were hundreds of pages long), boils down to just two things: Where do you […]
The Beast From The East, coal, gas and the UK
The Beast From The East, coal, gas and the UK In late February 2018 high pressure over the North Atlantic and low pressure over the Mediterranean combined to generate a strong easterly airflow that brought Siberian temperatures to Western Europe, increasing heating demand to the point where there was a shortage of natural gas. The […]
In-depth: BP’s global data for 2017 shows record highs for coal and renewables
Yosu Gas ship on Huangpu river before the skyline of Pudong, Shanghai, China. Credit: Stephane ROUSSEL / Alamy Stock Photo. In-depth: BP’s global data for 2017 shows record highs for coal and renewables Renewable energy grew by the largest amount ever last year, while coal-fired electricity also reached a record high, according to new global […]
Dr. Charles Hall: The Laws Of Nature Trump Economics
Dr. Charles Hall: The Laws Of Nature Trump Economics It’s all about Energy Retun On Energy Invested (EROEI) Dr. Charles Hall may not be a name you instantly recognize, but it should be. Now a Professor Emeritus of the College of Environmental Science and Forestry, Dr. Hall is a rigorous researcher of energy, oil, biophysical […]
Macron’s pledge to wipe out coal is just as meaningless as Trump’s plan to revive it
Macron’s pledge to wipe out coal is just as meaningless as Trump’s plan to revive it In a speech at the 2018 World Economic Forum held in Davos, Switzerland, French President Emmanuel Macron said he wanted to “make France a model in the fight against climate change” and promised to shut all coal-fired power plants by […]
New NASA Study Solves Climate Mystery, Confirms Methane Spike Tied to Oil and Gas
New NASA Study Solves Climate Mystery, Confirms Methane Spike Tied to Oil and Gas Over the past few years, natural gas has become the primary fuel that America uses to generate electricity, displacing the long-time king of fossil fuels, coal. In 2019, more than a third of America’s electrical supply will come from natural gas, […]
Gail Tverberg: The Coming Energy Depression
Gail Tverberg: The Coming Energy Depression The math is straightforward, but cruel As most PeakProsperity.com readers know, we fully agree with the statement: Energy is THE master resource. Without it, nothing can get done. Energy analyst and professional actuary Gail Tverberg returns to the podcast this week to revisit the global energy outlook. And fair warning, Gail warns […]
Here is what’s holding back China’s plans for world domination
Here is what’s holding back China’s plans for world domination Australia may be the worlds largest exporter of coal, sending out 388 million tons in 2015, but China’s production of coal the same year was 3,747 million tons — nearly ten times as much, and nearly half of global coal production. But the Chinese coal […]
Everyone cutting coal use except for most of the world and most of the banks
Everyone cutting coal use except for most of the world and most of the banks The situation with our most hated energy asset Australia’s big four banks are fighting over themselves to turn down the chance to profit from coal loans and tell the world. Months ago, Westpac went on a low-coal diet, declaring like […]
“Super Critical” Coal Shortage Sends India Scrambling For NatGas
“Super Critical” Coal Shortage Sends India Scrambling For NatGas Big disappointment in the global natural gas industry this week, with majors Total and Eni coming up largely dry in a much-anticipated well offshore Cyprus. But elsewhere things are turning extremely bullish for natgas. With one of the world’s fastest-emerging energy consumers scrambling to get all […]
China: Is peak coal part of its problem?
China: Is peak coal part of its problem? The world’s coal resources are clearly huge. How could China, or the world in total, reach peak coal in a timeframe that makes a difference? If we look at China’s coal production and consumption in BP’s 2016 Statistical Review of World Energy (SRWE), this is what we see: Figure 1. China’s […]
Can the world go all-electric?
Can the world go all-electric? Recently, word leaked out that Norway may ban the sale of diesel- and gasoline-powered vehicles by 2025. The move toward electric vehicles is part of a dream shared by those concerned about climate change and about fossil fuel depletion (especially oil depletion), namely, to turn the world into one big all-electric […]
As Drought Grips South Africa, A Conflict Over Water and Coal
As Drought Grips South Africa, A Conflict Over Water and Coal Facing one of the worst droughts in memory, South Africa’s leaders have doubled down on their support of the water-intensive coal industry. But clean energy advocates say the smartest move would be to back the country’s burgeoning wind and solar power sectors. Until a ferocious […]
