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Peak oil and the low-carbon energy transition: A net-energy perspective
Peak oil and the low-carbon energy transition: A net-energy perspective
Highlights
- Global gross and net-energy of oil liquids production is determined from 1950 to 2050.
- Energy required for production is estimated to be 15.5% of the actual gross energy.
- Oil liquids become a limit to a rapid and global low-carbon energy transition.
- The peak supply vs. peak demand dispute needs to be re-examined.
- Focus should be put instead on net-energy transition and wise energy consumption.
Abstract
Since the Pennsylvania oil rush of 1859, petroleum has quickly become the dominant fuel of industrial society. The “Peak Oil” debate focused on whether or not there was an impending production crunch of cheap oil, and whilst there have been no shortages across the globe, a shift from conventional to unconventional oil liquids has occurred. One aspect of this shift was not fully explored in previous discussions–although of some importance in a low-carbon energy transition context: the extent to which the net-energy supply of oil products is affected by the use of lower quality energy sources. To fill this gap, this paper incorporates standard EROI (energy-return-on-investment) estimates and dynamic decline functions in the GlobalShift all-liquids bottom-up model on a global scale. We determine the energy necessary for the production of oil liquids (including direct and indirect energy costs) to represent today 15.5% of the energy production of oil liquids, and growing at an exponential rate: by 2050, a proportion equivalent to half of the gross energy output will be engulfed in its own production. Our findings thus question the feasibility of a global and fast low-carbon energy transition. We therefore suggest an urgent return of the peak oil debate, but including net-energy issues and avoiding a narrow focus on ‘peak supply’ vs ‘peak demand’.
Graphical abstract
Introduction
Today, oil is a critical supply chain component for 90% of all industrially manufactured products [1]; as such, it is the backbone of industrial civilization …
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Our hunter-gatherer future: Climate change, agriculture and uncivilization
Our hunter-gatherer future: Climate change, agriculture and uncivilization
Highlights
•The stable climate of the Holocene made agriculture and civilization possible. The unstable Pleistocene climate made it impossible before then.
•Human societies after agriculture were characterized by overshoot and collapse. Climate change frequently drove these collapses.
•Business-as-usual estimates indicate that the climate will warm by 3°C-4 °C by 2100 and by as much as 8°–10 °C after that.
•Future climate change will return planet Earth to the unstable climatic conditions of the Pleistocene and agriculture will be impossible.
•Human society will once again be characterized by hunting and gathering.
Abstract
For most of human history, about 300,000 years, we lived as hunter gatherers in sustainable, egalitarian communities of a few dozen people. Human life on Earth, and our place within the planet’s biophysical systems, changed dramatically with the Holocene, a geological epoch that began about 12,000 years ago. An unprecedented combination of climate stability and warm temperatures made possible a greater dependence on wild grains in several parts of the world. Over the next several thousand years, this dependence led to agriculture and large-scale state societies. These societies show a common pattern of expansion and collapse. Industrial civilization began a few hundred years ago when fossil fuel propelled the human economy to a new level of size and complexity. This change brought many benefits, but it also gave us the existential crisis of global climate change. Climate models indicate that the Earth could warm by 3°C-4 °C by the year 2100 and eventually by as much as 8 °C or more. This would return the planet to the unstable climate conditions of the Pleistocene when agriculture was impossible. Policies could be enacted to make the transition away from industrial civilization less devastating and improve the prospects of our hunter-gatherer descendants. These include aggressive policies to reduce the long-run extremes of climate change, aggressive population reduction policies, rewilding, and protecting the world’s remaining indigenous cultures.
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How much oil remains for the world to produce? Comparing assessment methods, and separating fact from fiction
How much oil remains for the world to produce? Comparing assessment methods, and separating fact from fiction
Abstract
This paper assesses how much oil remains to be produced, and whether this poses a significant constraint to global development. We describe the different categories of oil and related liquid fuels, and show that public-domain by-country and global proved (1P) oil reserves data, such as from the EIA or BP Statistical Review, are very misleading and should not be used. Better data are oil consultancy proved-plus-probable (2P) reserves. These data are generally backdated, i.e. with later changes in a field’s estimated volume being attributed to the date of field discovery. Even some of these data, we suggest, need reduction by some 300 Gb for probable overstatement of Middle East OPEC reserves, and likewise by 100 Gb for overstatement of FSU reserves. The statistic that best assesses ‘how much oil is left to produce’ is a region’s estimated ultimately recoverable resource (URR) for each of its various categories of oil, from which production to-date needs to be subtracted. We use Hubbert linearization to estimate the global URR for four aggregate classes of oil, and show that these range from 2500 Gb for conventional oil to 5000 Gb for ‘all-liquids’. Subtracting oil produced to-date gives estimates of global reserves of conventional oil at about half the EIA estimate. We then use our estimated URR values, combined with the observation that oil production in a region usually reaches one or more maxima when roughly half its URR has been produced, to forecast the expected dates of global resource-limited production maxima of these classes of oil. These dates range from 2019 (i.e., already past) for conventional oil to around 2040 for ‘all-liquids’. These oil production maxima are likely to have significant economic, political and sustainability consequences…
How much oil remains for the world to produce? Comparing assessment methods, and separating fact from fiction
How much oil remains for the world to produce? Comparing assessment methods, and separating fact from fiction
Abstract
This paper assesses how much oil remains to be produced, and whether this poses a significant constraint to global development. We describe the different categories of oil and related liquid fuels, and show that public-domain by-country and global proved (1P) oil reserves data, such as from the EIA or BP Statistical Review, are very misleading and should not be used. Better data are oil consultancy proved-plus-probable (2P) reserves. These data are generally backdated, i.e. with later changes in a field’s estimated volume being attributed to the date of field discovery. Even some of these data, we suggest, need reduction by some 300 Gb for probable overstatement of Middle East OPEC reserves, and likewise by 100 Gb for overstatement of FSU reserves. The statistic that best assesses ‘how much oil is left to produce’ is a region’s estimated ultimately recoverable resource (URR) for each of its various categories of oil, from which production to-date needs to be subtracted. We use Hubbert linearization to estimate the global URR for four aggregate classes of oil, and show that these range from 2500 Gb for conventional oil to 5000 Gb for ‘all-liquids’. Subtracting oil produced to-date gives estimates of global reserves of conventional oil at about half the EIA estimate. We then use our estimated URR values, combined with the observation that oil production in a region usually reaches one or more maxima when roughly half its URR has been produced, to forecast the expected dates of global resource-limited production maxima of these classes of oil. These dates range from 2019 (i.e., already past) for conventional oil to around 2040 for ‘all-liquids’. These oil production maxima are likely to have significant economic, political and sustainability consequences…
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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 and indefinite to us. But modernity has been enabled by the rapid and accelerating expenditure of our one-time inheritance of fossil fuels, and by drawing down the resources and ecosystems of our finite Earth—none of which can be sustained as we transition from a resource-rich frontier to a human-dominated planet. Climate change is often singled out as modernity’s existential crisis, but it is only one of a series of interlocking challenges constituting an unprecedented predicament that must be understood and mitigated in order to live within planetary limits. While energetic and technological challenges attract significant attention, arguably the greatest challenges are conceptual or even cultural. In particular, as we review in this Perspective, today’s political economy has been designed to value short-term financial wealth over the real treasure of Earth’s functioning ecosystems, to discount the future at the expense of the present, and to demand infinite exponential growth…which is simply impossible on a finite planet. Given all this, humanity should view its present overshoot-prone trajectory with tremendous suspicion, humility, and concern. We call for the establishment of a transdisciplinary network of scholars from across the entire academic landscape to develop a global understanding of planetary limits and how humanity can adapt to the associated realities. We present a set of foundational principles to serve as a starting point to anchor this network and drive a new area of focused inquiry to develop a shared vision of viable future paths.
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