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Matt Simmons video

by: Heather on 07/17/2008
Posted in: Peak Oil

Matt Simmons is an Energy Investment banker who has been speaking out for years about curbing our fossil fuel addiction. The video below appeared on CNBC last week - interesting to see this point of view getting some play in the mainstream media. Check it out and let us know what you think in the comments section below.

Thinking about how to …

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Heinberg on NAFTA and Canadian Oil and Gas Production

by: Heather on 02/13/2008
Posted in: Peak Oil

Richard Heinberg, author of Peak Everything, The Oil Depletion Protocol, The Party's Over and Powerdown, has written a fascinating (and from a Canadian perspective somewhat frightening) analysis of Canada's fossil fuel export obligations to the US under NAFTA. It's yet another example of how Canadian politicians sold Canadian interests down the river under the terms of this "agreement" and over the protests of thousands of Canadian people.

This entry is reprinted with permission from Richard's blog.

Proportionality

There is a strange clause in the North American Free Trade Agreement (NAFTA) that applies to only one country--Canada. The clause states that Canada must continue to supply the same proportion of its oil and gas resources to the US in future years as it does now. That's rather a good deal for the US: it formalizes Canada's status as a resource satellite of its imperial hub to the south.

From a Canadian perspective there are some problems with the arrangement, though. First is the fact that Canada's production of natural gas and conventional oil is declining. Second is that Canada uses lots of oil and gas domestically: 70 percent of Canadians heat their homes with gas, and Canadians drive cars more and further than just about anyone else. The problem is likely to come first with natural gas; as production declines, there will come a point when there isn't enough to fill domestic needs and continue to export (roughly 60 percent of Canada's gas now goes to the US).

That point is not decades in the future, it is fairly imminent.

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Further Thoughts on the Biodiesel Paradox

by: Heather on 01/09/2008
Posted in: Peak Oil

Yesterday I pointed you towards Sharon Astyk's blog discussing Stuart Staniford's article on the potential impact of a rapidly growing biofuel industry on world food production.

This whole biofuels issue is more proof that we can't just look for an alternative way to fuel our resource-intensive lifestyle - our only hope is to break the pattern …

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Biofuels vs Food

by: Heather on 01/08/2008
Posted in: Peak Oil

On Sharon Astyk's blog today she features an in-depth analysis of an article called Fermenting the Food Supply by Stuart Staniford. Stuart argues that "biofuel growth is by far the greatest near-term challenge arising from the plateauing of global oil supply", and goes on to prove his point with an impressive array of statistics, graphs and data …

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The New World War 2

by: Heather on 11/23/2007
Posted in: Peak Oil

A recent report by Germany's Energy Watch Group states that world oil production peaked in 2006 and will fall by half as early as 2030. Oil prices are hovering near $100 a barrel, and the situation in the US is exacerbated by a weak dollar and a faltering economy. Peak Oil isn't just coming faster than we think - it's upon us. But like Nero …

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