An excellent long-range thinkpiece by Nick at Capitalistsatwork, looking at the energy landscape in the wake of the closure of the UK's last deep coal mine.
I comment:
Bang on. It's very worrying. England's population was only 7.1 million in the early 18th C; for GDP-expanding reasons, we seem to have a policy of suicidal population overshoot. If ever the wonderful world-wide goods trading system hiccups we're sunk into the most terrible chaos - WW2 ended just in time for us, as our soil was getting exhausted ("losing heart" was the phrase used, I understand) - and that was with a population considerably smaller than now, and much more growing land.
And I've been thinking recently that our quasi-democracy and civil rights are luxury by-products of the new energy sources and technological development and empire-building of the Industrial Revolution, else we might easily have gone the way of the French Terror. Funny how we suddenly stopped burning women at the stake in 1789.
We've had Illich's "energy slaves" for two or three centuries and that's going to change. US/Mexican billlonaire Hugo Salinas Price reckons we'll see the return of domestic service. And maybe the servants will lose the franchise.
Follow-up: Google "Olduvai Theory."
READER: PLEASE CLICK THE REACTION BELOW - THANKS!
All original material is copyright of its author. Fair use permitted. Contact via comment. Unless indicated otherwise, all internet links accessed at time of writing. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.
*** FUTURE POSTS WILL ALSO APPEAR AT 'NOW AND NEXT' : https://rolfnorfolk.substack.com
Keyboard worrier
Showing posts with label ENERGY CRISIS. Show all posts
Showing posts with label ENERGY CRISIS. Show all posts
Monday, December 21, 2015
Thursday, June 19, 2014
Fracking bubble to pop?
One of the cogent points made in Richard D Hall's talk in Alvechurch back in March, was that protest is useless - it goes unreported, or gets smacked down physically. If you want to oppose fracking, he said, the best way is to show that there just aren't the economically recoverable resources that have been claimed by the oil industry and the government (who each have their own motives for bigging it up).
And so it proves. Last month (htp: John Michael Greer) the field in Monterey, California - previously said to have 64% of the potential shale oil output in the lower 48 States - had its estimate cut by 96%. The prospective cornucopia of 13.7 billion barrels has dwindled to a spit of 600 million.
How do they get these estimates, anyway? It's not as though the industry has Superman's X-ray vision. Is it much more than holding a wet finger in the air to check which way the wind is blowing? And would that be the resource wind, or the political wind?
Now what?
READER: PLEASE CLICK THE REACTION BELOW - THANKS!
All original material is copyright of its author. Fair use permitted. Contact via comment. Unless indicated otherwise, all internet links accessed at time of writing. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.
Wednesday, September 02, 2009
Don't save the planet, save the country
A couple of days ago, the Daily Telegraph reported on threats to our energy supply. "There will be huge reliance in the short term on gas, with up to 50 per cent of electricity coming from gas fired power stations. "
Instead of challengeable pi-jaw about global cooling/warming/okay-let's-compromise-and-call-it-change, why don't we look to reducing our energy use for the sake of liberty? No more dirty deals with Putin, Gaddafi, the Saudis et al. And less chance of another industry-crippling 1974 energy price hike.
An initiative that I think will run long and grow big is "transition towns", started by a man called Rob Hopkins in Totnes, Devon. Out from among the patchouli-scented crystal-wavers and hare-worshippers will yet come ideas to help us adapt to Peak Oil.
Instead of challengeable pi-jaw about global cooling/warming/okay-let's-compromise-and-call-it-change, why don't we look to reducing our energy use for the sake of liberty? No more dirty deals with Putin, Gaddafi, the Saudis et al. And less chance of another industry-crippling 1974 energy price hike.
An initiative that I think will run long and grow big is "transition towns", started by a man called Rob Hopkins in Totnes, Devon. Out from among the patchouli-scented crystal-wavers and hare-worshippers will yet come ideas to help us adapt to Peak Oil.
Wednesday, August 19, 2009
The energy crisis
There's much talk of looming energy problems - it's a staple of Nick Drew's blogging and even The Economist has now turned its attention to it. Today I see Brian Gongol has netted a story about battery development and how it could support the energy infrastructure.
But how much could we still do in the way of more efficient use, and non-use, of energy? According to this DTI report based on 2001 stats, the home uses 31% of the nation's energy (see Chart 1.3 on page 9). Chart 1.6 shows that in 2000, space heating accounted for 40% of all non-transport energy consumption.
More woolly pullies?
But how much could we still do in the way of more efficient use, and non-use, of energy? According to this DTI report based on 2001 stats, the home uses 31% of the nation's energy (see Chart 1.3 on page 9). Chart 1.6 shows that in 2000, space heating accounted for 40% of all non-transport energy consumption.
More woolly pullies?
Monday, March 30, 2009
The "correction" will come soon
Michael Panzner reminds us that he predicted hyperinflation to follow after deflation, and quoting Edward Chancellor's recent article, thinks the phase change may be on its way. Chancellor answers the argument about global oversupply by reference to run-down inventories, widespread bankruptcies etc - there is now less productive capacity than there was, and what's left is not running smoothly.
A sleep-deprived Jim Kunstler experiences some of this disruption in a Colorado over-dependent on the vagaries of aviation, and rehearses his central theme that US living standards must (in his view) drop 20 to 50 per cent, whether through deflationary depression or savings-destroying inflation. He thinks the page will turn soon, too - maybe in June.
I said to my brother this weekend, that I think America can cope with being poorer, though the adjustment will be nasty; I didn't think it could survive being so rich. Look at what all that easy, phoney, fraudulent wealth did: that gallery of fat rogues in Wall Street and elsewhere, while the poor were exploited with credit cards and doomed home loans.
Kunstler's healing vision is bucolic, like Alexander Pope's:
Another age shall see the golden ear
Imbrown the slope, and nod on the parterre,
Deep harvests bury all his pride has planned,
And laughing Ceres reassume the land.
Wednesday, January 09, 2008
Oil splat
"Oil crunch" doesn't sound right, although it might be appropriate to shale oil: Jeffrey Brown outlines what looks like a compelling thesis on growing domestic energy consumption by major oil exporters. He thinks that the top five producers will be using all their own supplies by around 2030, and concludes that the USA must rapidly reshape its transportation system:
In simplest terms, we are concerned that the very lifeblood of the world industrial economy—net oil export capacity—is draining away in front of our very eyes, and we believe that it is imperative that major oil importing countries like the United States launch an emergency Electrification of Transportation program--electric light rail and streetcars--combined with a crash wind power program.
That is just the tip of the iceberg, surely: residential and office heating/lighting, mechanised farming, supermarket shopping, centralised medical facilities - so much will have to be reviewed and planned.
In simplest terms, we are concerned that the very lifeblood of the world industrial economy—net oil export capacity—is draining away in front of our very eyes, and we believe that it is imperative that major oil importing countries like the United States launch an emergency Electrification of Transportation program--electric light rail and streetcars--combined with a crash wind power program.
That is just the tip of the iceberg, surely: residential and office heating/lighting, mechanised farming, supermarket shopping, centralised medical facilities - so much will have to be reviewed and planned.
Subscribe to:
Posts (Atom)