While some magazines print sensationalist articles, some other prefer to carry out real research with real facts and figures. New Scientist indeed published an interesting article on what they call extreme – or unconventional – oil. Understanding that peak oil is either near or already arrived we can either burn as much unconventional oil as […]
Extreme oil anyone ? Read More »
We have already seen that some believe that peak oil may have already occurred last year. Now some IEA officials stated unofficially that oil production forecasts are completely unrealistic. As The Guardian noted : “The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the IEA
More on why peak oil already occurred Read More »
For my latest post for CleanTechies I propose a reflection further to an interesting op ed Thomas L. Friedman wrote on the New York Times on why America should tax more gasoline. As I noted earlier US drivers pay less than ten euro cents per liter of tax when their German, British, Italian, Turkish or
Could America tax gas more and fund cleantech? Read More »
After the quite encouraging news of Wednesday I would like to present you a study showing that the United States’ government still gives much more money to polluting fossil fuels industries rather than lower carbon solutions. This occurs as I noted last year than to the UNEP cutting the subsidies given to big oil and
We still are funding fossil fuels industries Read More »
It is a well known fact, US gasoline tax is ridiculously low compared to many countries in the European Union and other nations. The table on the left brings data from the OECD on this. US drivers pay less than 10 euro cents per liter of tax when their German, British, Italian, French or Turkish
Could the US tax more gasoline ? Read More »
This is the question asked last week in a most interesting article on The Oil Drum. One of their contributors, Praveen Ghanta, compiled the oil production data provided by the BP statistical review country by country. The conclusion is that out of 54 oil producing countries, only 14 of them haven’t peaked already. The author
Is Peak Oil real ? Read More »
According to a recent report published by a US environmental organization, fossil fuels are due to cost the United States up to $23 trillion between 2010 and 2030. To TreeHugger, these energy sources cost one trillion in 2008 alone. 85 percent of US energy comes from coal, oil and natural gas. This leaves only 15
USA: The high cost of fossil fuels Read More »
Recently I read two articles on a book about Peak Oil that seems most interesting. Why Your World Is About To Get A Whole Lot Smaller by Jeff Rubin explores the consequences of the end of cheap oil and how it will affect us. The author – a former chief economist for CIBC World Markets
The world is about to get a whole lot smaller Read More »
Yesterday were announced by President Obama the new mileage requirements for US vehicles. This is important as they hadn’t changed for decades. The average mileage will reach 35.5 MPG by 2016 compared to roughly 25 nowadays. This seems to be a lot but it isn’t when one knows that European cars will be required to
Mixed feelings about the new US mileage Read More »
Thanks to the Oil Drum, I read about an interesting fact. Andris Piebalgs, the European Energy Commissioner published this month an interesting post on his blog stating that oil production may have already peaked. This is no big surprise as we have already seen that to the Oil Drum, global production peaked in 2008. Additionally,
European energy official: oil may have peaked Read More »
