Posted on April 23, 2008 by Robert Kyriakides
Sometimes you can only see a picture clearly if you step back from it, so you can see the whole canvas. So it is with energy. Without any doubt we are heading for an energy crisis. The oil will probably peak – that is to say reach its maximum production in ten years time. Oil companies are discovering smaller and smaller fields – not by chance or by accident or a run of bad luck, but simply because there is less oil in the ground to be discovered.
The same scenario exists with coal, natural gas and uranium. These will probably all peak at around the same time (give or take a decade) as developing countries ape the habits customs and lifestyles of the developed countries. With this in the back of some politician’s minds (and in the forefront of others) many developed countries are looking for new sources of energy which are, in the current jargon, sustainable.
Biofuels – that is fuel made from growing crops – seemed like a good idea at the time. (more…)
Filed under: biofuels, carbon emissions, climate change, Coal, electricity, energy, global warming, gordon brown, natural gas, oil, solar, targets, transport, wind turbines | Tagged: Alan Garcia, Bolivia, carbon cycle, cars with large engines, Evo Morales, expensive food, maize, palm oil, peak coal, peak gas, peak oil, peak uranium, Peru, Philippines, rice prices, sugar, uranium | 4 Comments »
Posted on April 7, 2008 by Robert Kyriakides
The concept of “peak oil” is well known; there is a stage when we have less oil in our world’s reserves than we have used. It does not take much imagination to understand that this is not good. M King Hubbert was a geologist working for Shell in the 1950s.
He proposed that the rate of oil production is determined by the rate of new oil discoveries and if new oil discoveries rapidly decline there will be insufficient oil left to service the world’s energy requirement. He created a way of graphically representing this. It showed a bell shaped graph with production on the vertical axis and time on the horizontal axis. (more…)
Filed under: carbon emissions, carbon trading, climate change, Coal, electricity, energy, gas, global warming, microgeneration, natural gas, nuclear energy, oil, power, renewables | Tagged: china coal, coal reserves, Energy Watch group, hubbert curve, M King Hubbert, oil reserves, peak coal, peak gas, peak oil, peak uranium, the Energy Age, types of coal, US coal | 11 Comments »