Porn. Peak oil. Enjoy

The most popular viral on peak oil ever!

Student from Exeter Uni and peak oil

This is an interesting report from ther Ecologist about how fragile the IEA is about peak oil - exposed by a student doing his undergrad thesis!

Lloyds and Chatham House on peak oil

Lloyds, the insurance underwriters and Chatham House, the international think tank have collaborated to produce a new report called Sustainable Energy Security: strategic risks and opportunities for business. Note this is Lloyds of London - not FoE - perhaps should now be Transition Lloyds? - incredible

The summary lists 7 main points

1. Businesses which prepare for and take advantage of the new energy reality will prosper – failure to do so could be catastrophicNB this is Lloyds of London (to be renamed Transition Lloyds perhaps?) not FoE - incredible.

2. Market dynamics and environmental factors mean business can no longer rely on low cost traditional energy sources

3. China and growing Asian economies will play an increasingly important role in global energy security

4. We are heading towards a global oil supply crunch and price spike

5. Energy infrastructure will become increasingly vulnerable as a result of climate change and operations in harsher environments

6. Lack of global regulation on climate change is creating an environment of uncertainty for business, which is damaging investment plans

7. To manage increasing energy costs and carbon exposure businesses must reduce fossil fuel consumption

8. Business must address energy-related risks to supply chains and the increasing vulnerability of ‘just-in-time’ models

9. Investment in renewable energy and ‘intelligent’ infrastructure is booming. This revolution presents huge opportunities for new business partnerships

BP's oil supply and demand predictions......

Oil spill and credit crunch bad - oil crunch much worse - see what BP thinks about future oil supply - see what Jeremy Leggett thinks of that

A valuation of the UK's offshore energy resource

The offshore valuation: A valuation of the UK's offshore energy resource

This report is pretty promising....

In harnessing 29% of the practical offshore renewable resource by 2050:


• the electricity equivalent of 1 billion barrels of oil could be generated annually, matching North Sea oil and gas production and making Britain a net electricity exporter;

• carbon dioxide reductions of 1.1 billion tonnes would be achieved by the UK between 2010 and 2050 – a major contribution towards 2050 climate targets;

• 145,000 new UK jobs could be created by industry.

Post Copenhagen -its down to us

Richard Heinberg - the Peak Everything guru has written a great post Copenhagen blog - it is well worth a read - at end end of the day after after the demos and the politics it is down to us locally - politicians wont ever deliver - they cant!

The Political Ecology of Collapse

John Michael Greer is a great writer about the post industrial era. He has put a three part essay on his blog - The Political Ecology of Collapse - well worth reading

Failure is the only option (part 1)
Weishaupt’s Fallacy (part 2)
The Bomb at the Heart of the System (part 3)

He has also written a couple of great books
The Long Descent
and
Ecotechnic future