A new analysis concludes that easily
extracted oil peaked in 2005, suggesting that dirtier fossil fuels will be burned and energy prices will rise
Not exact matches
And unlike with the
oil industry, no «fracking» method has been invented yet to
extract gold from hard - to - reach areas, though Barrick — the world's largest producer by output — has been experimenting with sensors at its Cortez project in Nevada.What Pierre is talking about, of course, is the idea of «
peak gold.»
Amid warnings of a possible «
peak oil,» advanced technologies offer ways to
extract every last possible drop
We will attempt to transcend
peak oil and gas by using increasingly risky technologies to
extract the last drops, turning ever larger swaths of our globe into sacrifice zones.
For example, given how often we are told that
peak oil has arrived (sooner or later those that say that will have to be right), is it genuinely feasible that we can triple
oil extracts?
The authors note that even if the large EIA reserve estimates are valid,
peak CO2 could be kept close to 400 ppm if the most difficult to
extract oil and gas is left in the ground via a rising price on carbon emissions that discourages remote exploration and environmental regulations that place some areas off - limits.
But having made my point, I probably shouldn't hijack this interesting post about methane hydrates any further — I guess we should try to work out how to
extract and burn them to avert the
peak oil crisis risk of release: --RRB-
Then The
Oil Drum
extracts salient points from the papers inside the special
Peak Oil issue of Australian Planner.