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 …
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 …
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 …
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 …
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 …
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 …
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, …
Last month the French magazine Science et Vie [Fr] dedicated a series of articles to the earthquake risks induced by dams, mines, oil drilling and geothermal power. You might think that these activities are without seismic risk. But to their findings, around 200 earthquakes have been triggered by human activities so far. This can be …
I came across interesting data last week : Americans consume more than two times more oil per capita than Europeans. As we will see, this can be explained by three factors. Bringing oil consumption per capita to European levels would enable the USA to be independent from foreign oil, save a lot of money, create …
To this article of the Oil Drum world oil production peaked in 2008. Even if there is no 100 percent certainty, such a fact could represent another sign of the end of the world as we see it. Indeed, after the increasing global pressure on water resources, massive pollution and climate change, peak oil is …
