The business world is finally waking up If you hear a lot of noise about climate policies and climate action over the next few months in the lead up to the Paris climate conference, it is because there is a lot at stake. According to Citigroup analysts: $US100 trillion of potential stranded assets in the
Oil is an inherently cyclical business. The point is remarkably simple but it is amazing how often it gets forgotten by forecasters and investors. In the century and a half since the modern oil industry was founded with the drilling of Edwin Drake’s well in 1859, real prices have doubled in the space of three
A new book of aerial photographs, Beautiful Destruction, captures the awesome scale and devastating impact of Alberta’s oil sands with stunning colours, contrasts and patterns. The book also includes 15 essays by prominent individuals from environment and industry, sharing their insights, ideas and opinions. Photographs by Louis Helbig Read more: The Guardian
A fairly good primer from the History Channel in 2007 on Peak Oil.
My first repost – I suspect of many – on the subject of Peak Oil Over the past couple of months the story keeping many people on the edge of their seats has been the ongoing dilemma of Greece’s detested debt burden, its Great Depression-worthy 25% contraction of its economy, and its voluntary or even
Why do oil prices go down? Because they went up. Why do oil prices go up? Because they went down. That’s what they do. To avoid oil-price volatility, you must kick the oil habit. You can do this by switching to efficiency and renewables. You’ll get cheaper energy services at steady prices; free price insurance;
A good find by our friends at EV Obsession, apparently a trade magazine from the oil industry, Alberta Oil, has put a Tesla Model S electric car on its cover (“Hell on wheels”) and published an article with this title and sub-title: “Is Tesla’s Model-S the Beginning of the End for Oil? Why battery technology
It’s time to call Peak Oil
I’ve been thinking a lot about Peak Oil recently, and am increasingly convinced that we are seeing its effects already starting to play out in world news, in low oil prices, flat economies, etc. It is widely accepted that Peak Oil occurred for conventional oil in 2005/6 and that led via very high oil prices
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