Sentences with phrase «peak oil now»

The more permaculture people I met, the more hopeful I became that we can find a way out of this mess if we start preparing for peak oil now.
The consensus seems to be pretty strong that we have reached global peak oil now or will very soon.

Not exact matches

Neither cut was a particular surprise: Buffett had previously said he erred in buying Conoco at a peak price for oil (though now, of course, the commodity's rising price is putting a different cast on the investment) and he had publicly protested Kraft's 2010 purchase of Cadbury, which he thought not in the interests of Kraft's shareholders.
Ten years ago, the market was fretting, everyone was worried about «peak oil,» and now the focus is on peak demand.
Instead of the world on a collision course of fighting over the last drop of oil, now it seems that we have turned the world upside down and now we are seeing predictions that oil demand will peak.
The agency that is known by traders as the agency that has way underestimated, is now proclaiming the United States as the new global energy powerhouse, a moniker by the peak oil freaks and the Obama Administration that was thought to be impossible.
The «peak oil» school, which has argued that we have passed the peak of oil discovery and are now in permanent decline, has been proved wrong.
Traditionally the industry has been a heavy user of fossil fuels, primarily oil, the price of which has fluctuated from under $ 15 a barrel 20 years ago to peaks of $ 90 to over $ 100 now, making fossil fuels such as bunker oil vastly more expensive.
Not according to the International Energy Agency, which now predicts «peak oil» as early as 2020.
Worse, after the supply crunch of 2008 that sent the price soaring to $ 147 per barrel and was widely mistaken for the global peak, the world is now swimming in oil once more, and the price languishes at around $ 50.
Now the former naysayers, from the International Energy Agency to most major oil companies, admit that conventional crude production has indeed peaked.
The story of how this brilliant but irascible Shell geologist accurately forecast in 1956 that US oil production would peak and go into terminal decline by 1970 is by now well worn.
And so one [of the] points I wanted to make is that is if we're already starting to run into limits that those are going to be seriously exacerbated by the problems that we're now encountering with the shifts in weather and with the advent of peak oil.
Conventional oil production did peak in 2006, and that makes up 90 % of the oil we use now.
Peak power is now 490bhp (up 37bhp) while peak torque also increases to 372 lb ft, an increase of 14 lb ft.. These improvements have come from a new design of piston crown, improved mechanical efficiency thanks to a reed valve in the crankcase to evacuate oil and blow - by gasses, reduced backpressure from a redesigned 4 - into - 1 exhaust manifold and a reprogrammed ECU that exploits advances in the anti-knock properties of the latest petrol formuPeak power is now 490bhp (up 37bhp) while peak torque also increases to 372 lb ft, an increase of 14 lb ft.. These improvements have come from a new design of piston crown, improved mechanical efficiency thanks to a reed valve in the crankcase to evacuate oil and blow - by gasses, reduced backpressure from a redesigned 4 - into - 1 exhaust manifold and a reprogrammed ECU that exploits advances in the anti-knock properties of the latest petrol formupeak torque also increases to 372 lb ft, an increase of 14 lb ft.. These improvements have come from a new design of piston crown, improved mechanical efficiency thanks to a reed valve in the crankcase to evacuate oil and blow - by gasses, reduced backpressure from a redesigned 4 - into - 1 exhaust manifold and a reprogrammed ECU that exploits advances in the anti-knock properties of the latest petrol formulas.
Some of those now selling oil stocks were among the people buying on July 3, 2008 — when the spot price of West Texas Intermediate peaked at $ 145.31.
We are beginning to experience the effects of global warming TIMES peak oil TIMES fishery collapse TIMES water scaricity TIMES arable land depletion TIMES despeciation — all right now.
At that point, between the need to cut CO2 emissions and the fact that we are peaking in fossil fuel energy production (peak oil theory is looking pretty solid right now!)
And now, over at the NRDC, Jeff Turrentine asks Could Peak Oil Demand Be Just a Dozen Years Away?
The ecological limits of the planet are now in clear view, as expressed by the combination of climate change, peak oil (the end of the era of cheap energy), and overall global resource depletion and extinctions.
With peak oil here (already, just now, soon, take your pick) I certainly expect to see ventures being started in a few years.
And regardless of what you may believe individually, peak oil is close on the horizon and if we don't grow up now we will be forced to grow up very quickly in the future, with much less time to handle these challenges intelligently.
Now that it's nearly the end of his term, we suddenly have «peak oil,» declining reserves and all the «scientific» and technical data that can be scraped off the barroom floor.
Peak oil used to be about running out of supply; now some think that we will run out of demand.
The cost of fossil fuels is likely to increase between now and 2010 due to aforementioned peaking of gas and oil
[A] paper by a former University of California Energy and Resources Group faculty member and a student now on the faculty at Stanford [«Risks of the oil transition,» A. E. Farrell and A. R. Brandt] lays this out in a figure where each axis alone is cause for major worry, and together, the carbon intensity / barrel combined with the fact that if unconventional oil is now part of the resource, we have a not near «peak oil, but are, in fact, only about 1 / 50th of the way through this resource.
The «Green Revolution» has produced a higher population level in many places that will now be extremely vulnerable to oil shortages and price inflation / instability as peak oil effects kick in.
It has been particularly unfortunate for the U.S. that at the very time discussions of peak oil have turned serious, with the peak of oil production now in sight (or maybe already behind us), we elected two oil men to run our nation.
If carbon taxes / caps and peak oil are inevitable, as it now seems, then railroad expansion is written in stone as well.
Now comes this fascinating paper in Environmental Science & Technology: «Peak Oil Demand: The Role of Fuel Efficiency and Alternative Fuels in a Global Oil Production Decline.»
It's also worth noting that many big banks as well as the IEA now admit that peak conventional crude oil in now, and current spot prices for oil are above $ 100 like before the crash.
After the CEO of Total (the French oil major) last week, two more CEOs of an oil major came out this Thursday to give stark warnings that mean that peak oil is happening right now.
Publication date: 2007-12-01 First Published in Energy Policy Authors: R. Bentley et al Abstract: Combining geological knowledge with proved plus probable («2P») oil discovery data indicates that over 60 countries are now past their resource - limited peak of conventional oil production.
Yet «peak oil» is now emerging in demand before supply.
However, the price of oil has now decreased, tumbling 47 percent from its peak of $ 114.29 per barrel in June 2014.
U.S. oil demand is now seen as having peaked in 2005, and if additional climate - friendly policies are put in place it is expected to decline further.
Or to put it another way, global warming will be a big issue 50 years from now, but peak oil is already an issue, and we saw the first economic effects in the summer of 2008.
Some who were advocating «power - down» and «population control» for peak oil just over a decade ago are regulars on ATTP's blog now, expressing their superior logical abilities over the lesser intellects here.
First, the growing threat of global warming requires deep reductions in national and global oil consumption starting now, peak or no peak.
We need to start working now to mitigate the interrelated effects of peak oil, climate change, and the economic crisis, before it is too late.
Charles Maxwell, a former energy exec who is now an analyst at Weeden & Co., says «peak oil» will drive oil prices to $ 300 a barrel over the next decade.
Indeed, the effects of AGW that are very likely «locked in» now from the GHGs we have already emitted, will almost certainly be worse than even a very badly managed peak oil transition would cause.
that's slightly OT, but I argue that if the peak oil happens now, then the real world will be out of the set of all SRES model (or out of their convex envelope, if you prefer).
As oil is a global commodity, maybe it only makes sense to look at the numbers collectively and see that the majority of oil producers are now in that «past peak» category.
Now we know what to do when Peak Oil hits: Take apart our cars and entertain each other.
And what we found was this: we're peaking in oil now.
Along the way, Rebecca also meets Ben and Charlotte Hollins - the brother and sister team who now run the innovative Fordhall Farm in Shropshire - and talks about their nature - based no - till pasture system; she talks with peak oil experts Richard Heinberg and Colin Campbell; visits Martin Crawford of the Agroforestry Research Trust and explores the small holding of Chris and Lynn Dixon - who have pioneered their low input, biodiverse permaculture - based land management techniques in the hills of Wales for years.
Globally, we're peaking in oil right about now.
Now Peak Moment TV, which normally concerns itself with subjects like backyard permaculture or community - wide peak oil planning, brings us an interesting interview with market analyst Marc Cuniberti, who discusses how to keep your money safe in troubled tiPeak Moment TV, which normally concerns itself with subjects like backyard permaculture or community - wide peak oil planning, brings us an interesting interview with market analyst Marc Cuniberti, who discusses how to keep your money safe in troubled tipeak oil planning, brings us an interesting interview with market analyst Marc Cuniberti, who discusses how to keep your money safe in troubled times.
I'm sure there will be those who scoff at public money (in California, of al places) being spent on expensive solar, but with the twin pressures of climate change and peak oil breathing down our necks, I suspect those regions that invest now in energy capacity for the future will find themselves profoundly grateful in the coming years.
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