Economy
Instead of the scenario envisioned by many Peak Oilers, it’s likely that we will in the very near future hit a limit similar to the collapse scenarios that many early civilizations encountered when they hit resource limits. We don’t think about our situation as being similar, but we too are reaching decreasing resources per capita….
Read More about Gail Tverberg: How Peak Oil was misunderstood
Peakoilbarrel.com
ENERGY
Ron Patterson writes: It is obvious to me that OPEC is producing flat out. Only Iran has potential to increase production, but that will only replace decline in other OPEC nations. OPEC production will likely hold steady for the next four or five years before starting a steady decline. It will not prevent peak oil….
Read More about 2015: The year oil peaked?CLIMATE CRISIS
India’s 100 GW Solar Target Could Create 1 Million Jobs by 2022 The Energy Collective Delhi is abuzz as the first renewable energy-financing summit organized by the Indian government, RE-Invest 2015, wrapped up with commitments totaling a whopping 266 GW of renewable energy in the next 5 years. For context of the magnitude of these…
Read More about News updateENERGY
Timo Grossenbacher Labs This interactive visualization, based on very recent data by BP, allows the reader to quickly grasp the temporal and spatial differences in oil consumption and production. On one hand, during certain periods of history, some nations consumed almost as much oil as the rest of the world together. On the other hand, the data…
Read More about Interactive Chart: Global Oil Production & Consumption
