Energy supplies and climate policy
In this post, I consider the limited impacts of climate policy on fossil-fuel production and discuss estimates of fossil-fuel production in the long run.
In this post, I consider the limited impacts of climate policy on fossil-fuel production and discuss estimates of fossil-fuel production in the long run.
– IMF working paper – “The Future of Oil: Geology versus Technology”
– World Oil: Aleklett’s new analysis of peak oil is refreshingly comprehensive
– Now Playing at a Computer Near You: The ASPO-USA Webinar Series
– T. Boone Pickens: Biggest Deterrent To U.S. Energy Plan Is Koch Industries
– Cheap Oil Built ‘The American Way’ but All the Cheap Oil is Gone
Faced with increasing political obstacles to oil and natural gas exploration in many countries around the world, the oil industry is focusing again on the United States. The industry is using the deceitful promise of energy independence to cajole Americans and their policymakers into relaxing environmental regulations and opening protected public lands and restricted offshore areas to drilling.
-Fracked: Why Chesapeake Energy’s Aubrey McClendon is in Hot Water
-What Chesapeake’s Woes Mean for Natural Gas: A Q&A With Arthur Berman
-Special Report: Chesapeake CEO took $1.1 billion in shrouded personal loans
-Special Report: Inside Chesapeake, CEO ran $200 million hedge fund
The shale gas ‘revolution’ suffered another blow this week as the US Securities and Exchange Commission announced an investigation into dealings between industry leader Chesapeake Energy and its chief executive Aubrey McClendon. It emerged recently that McClendon had been taking a private stake in each well the company drills and, unbeknownst to shareholders, borrowed over $1 billion against them…
A mid-weekly roundup of peak oil news, including:
-Developments this week
I’ve been giving lectures on Peak Oil for over a decade now, and always look forward to the question period after the main show. It’s an opportunity to interact with the audience and take questions…Here are the top 11, along with brief sample replies and some resources for further reading.
A new study has raised fresh concerns about the safety of gas drilling in the Marcellus Shale, concluding that fracking chemicals injected into the ground could migrate toward drinking water supplies far more quickly than experts have previously predicted.
-Fracking ‘Health Challenges’ to Be Examined by U.S. Advisers
-Restrict shale gas fracking to 600m from water supplies, says study
-Reporting of fracking and drilling violations weak
-Lancashire schoolgirl wins chance to address MEPs with anti-fracking video
-Chesapeake plugs blown Wyoming well
-Drillers May Frack First, Disclose Later Under Draft Plan
In a week in which the Leveson inquiry shone a light on the overlap between big business and politics, news that Shell made £2m an hour in Q1 demonstrated only too well why creating the political will to move away from oil appears to be such an uphill battle.
A midweekly roundup of peak oil news, including:
-Developments this week
If you’re one of those humans who actually eats food, like I am, then a non-negligible part of your energy allocation goes into food production. As an approximate rule-of-thumb, each kilocalorie ingested by Americans consumes 10 kilocalories of fossil fuel energy to plant, fertilize, harvest, transport, and prepare….But much like household energy, we control what we stick in our mouths, and can make energy-conscious choices that result in substantial reductions of energy consumption. I now call myself a flexitarian, a term acknowledging that my body is a flex-fuel vehicle, but also that I need not be rigid about my food choices in order to still make a substantial impact on the energy front.