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Has the World Gone Mad?

February 25, 2022

Understanding the crisis in Ukraine from a peak resource perspective

No, this war is not (just) about getting Ukraine’s resources. Other political ambitions aside, this one is more about the rest of Europe loosing its energy carriers, together with its political power — and stability.

It is no wonder that we use the same word — power — to describe both the use of political force and the rate of energy transfer. It’s almost an axiom, that the more energy (and other mineral resources) a nation has, the more political power it possesses over its neighbors. It is also important note, that power is relative: you don’t need to have all the energy of the galaxy at your fingertips — it’s enough to have a little more than the next country in the row.

In an abundant and growing world (i.e. between 1950 and 1970) this was of little concern. Each and every country had enough —i.e.: enough to generate as much energy and turn up as much minerals and food they need, with headroom to grow — so no one was really bothered to run down their neighbors. Of course this was rarely the case and thus the post WWII years can now be safely considered the biggest anomaly in human history. In ages of discontinuity however, like the one we live through these years, the role of energy is hard to underrate.

Yet, our political leaders and economic pundits would still like to believe that we are in the 80’s and 90’s, the roaring decades of globalization with an ever increasing number of cargo ships criss-crossing the planet’s oceans… Where every international issue and local shortage could be resolved by trade deals or embargoes. What we are witnessing at the moment however, is a dissolution of this idea — together with the myth of infinite replaceability and the effectiveness of sanctions.

…click on the above link to read the rest of the article…

Frank Kaminski reviews two peak oil documentaries from 2008

August 24, 2018

Frank Kaminski reviews two peak oil documentaries from 2008

BLIND SPOT: Peak Oil and the Coming Global Crisis

A Documentary Directed, Written, Photographed, and Edited by Adolfo Doring–1 hour, 26 minutes

and FUEL

A Documentary Directed and Narrated by Josh Tickell–1 hour, 52 minutes

These two documentaries on the world oil crisis came out in 2008, a time of growing concern over humankind’s energy future. In the decade since then, public interest in the issue has waned, but the relevance of these films hasn’t–they remain valuable, engaging portraits of the quandary we face at the end of the oil age. Blind Spot provides the proverbial 30,000-foot view of our situation, whereas Fuel gives a personal, on-the-ground account of one man’s activist crusade. Both films are far from perfect. One fails to adequately address how we should respond to our crisis, while the other is unrealistically optimistic about the responses it suggests. Still, both are important films, and they’re all the more compelling when viewed together, given their disparate but complementary perspectives.

A Documentary

Blind Spot is uncompromising about the realities we face as we leave the era of cheap, abundant oil behind. A formidable cast of geoscientists, physicists, environmental analysts, inventors and other experts details the essence of our plight. Our modern world, which requires ever-increasing quantities of easily obtainable oil, faces a future of ever-dwindling supply. Because oil is finite and the rate of new oil discoveries has been dropping since the early 1960s, logic and mathematics dictate that its production will eventually reach an all-time high, followed by permanent decline. The numbers indicate that the point of peak production, a phenomenon called “peak oil,” is imminent. And, sadly, alternative energy sources, for all the hype they’ve generated, are powerless to save us. They are nowhere near as energy-dense as oil, and we’ve already waited too long to invest meaningfully in them.

…click on the above link to read the rest of the article…

Peak Uranium by Ugo Bardi from Extracted: How the Quest for Mineral Wealth Is Plundering the Planet

January 12, 2017

Peak Uranium by Ugo Bardi from Extracted: How the Quest for Mineral Wealth Is Plundering the Planet

Figure 1. cumulative uranium consumption by IPCC model 2015-2100 versus measured and inferred Uranium resources

[ Figure 1 shows that the next IPCC report counts very much on nuclear power to keep warming below 2.5 C.  The black line represents how many million tonnes of reasonably and inferred resources under $260 per kg remain (2016 IAEA redbook). Clearly most of the IPCC models are unrealistic.  The IPCC greatly exaggerates the amount of oil and coal reserves as well. Source: David Hughes (private communication)

This is an extract of Ugo Bardi’s must read “Extracted” about the limits of production of uranium.

Many well-meaning citizens favor nuclear power because it doesn’t emit greenhouse gases.  The problem is that the Achilles heel of civilization is our dependency on trucks of all kinds, which run on diesel fuel because diesel engines transformed our civilization with their ability to do heavy work better than steam, gasoline, or any other kind of engine.  Trucks are required to keep the supply chains going that every person and business on earth require, from food to the materials and construction of the roads they run on, as well as mining, agriculture, construction trucks, logging etc.  

Nuclear power plants are not a solution, since trucks can’t run on electricity, so anything that generates electricity is not a solution, nor is it likely that the electric grid can ever be 100% renewable (read “When trucks stop running”, this can’t be explained in a sound-bite).  And we certainly aren’t going to be able to replace a billion trucks and equipment with diesel engines by the time the energy crunch hits with something else, there is nothing else.

Alice Friedemann   www.energyskeptic.com  author of “When Trucks Stop Running: Energy and the Future of Transportation”, 2015, Springer and “Crunch! Whole Grain Artisan Chips and Crackers”. Podcasts: Practical Prepping, KunstlerCast 253, KunstlerCast278, Peak Prosperity , XX2 report ]

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Low Oil Prices – Why Worry?

September 30, 2015

Low Oil Prices – Why Worry?

Most people believe that low oil prices are good for the United States, since the discretionary income of consumers will rise. There is the added benefit that Peak Oil must be far off in the distance, since “Peak Oilers” talked about high oil prices. Thus, low oil prices are viewed as an all around benefit.

In fact, nothing could be further from the truth. The Peak Oil story we have been told is wrong. The collapse in oil production comes from oil prices that are too low, not too high. If oil prices or prices of other commodities are too low, production will slow and eventually stop. Growth in the world economy will slow, lowering inflation rates as well as economic growth rates. We encountered this kind of the problem in the 1930s. We seem to be headed in the same direction today. Figure 1, used by Janet Yellen in her September 24 speech, shows a slowing inflation rate for Personal Consumption Expenditures (PCE), thanks to lower energy prices, lower relative import prices, and general “slack” in the economy.

Figure 1. Why has PCE Inflation fallen below 2%? from Janet Yellen speech, September 24, 2015.

What Janet Yellen is seeing in Figure 1, even though she does not recognize it, is evidence of a slowing world economy. The economy can no longer support energy prices as high as they have been, and they have gradually retreated. Currency relativities have also readjusted, leading to lower prices of imported goods for the United States. Both lower energy prices and lower prices of imported goods contribute to lower inflation rates.

…click on the above link to read the rest of the article…

 

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