Archive for February, 2010

Two big US companies decide to boycott suppliers sourcing fuel from Canada’s oil sands.

February 10, 2010 Change for Good, Oil

Whole Foods Market, an organic grocery chain, and Bed, Bath and Beyond a household goods company, are responding to ForestEthics, a non-governmental organisation campaigning to lead the US corporate sector away from oil sands fuel because of its higher carbon content.

The lessons for the oil crunch from the credit crunch ought to be stark.

February 10, 2010 Commentaries, Oil

“Society ignores the oil crunch at its peril: Warnings of a crash in oil production are no longer limited to a prescient few individuals – major British companies and oil CEOs are now sounding the alert.” I set out in the Guardian the implications of the oil crunch warning from the UK Industry Taskforce on Peak Oil and Energy Security report.

Second ITPOES report warns of descending global oil production by 2015.

February 10, 2010 Commentaries, Oil

The UK Industry Taskforce on Peak Oil and Energy Security publishes “The Oil Crunch – A wake-up call for the UK economy” at a press launch in the Royal Society. See also You-Tube films of comments by ITPOES executives including Richard Branson, and the response by the head of international energy security at DECC, Chris Barton.

Richard Branson and other UK business leaders warn of oil crunch within five years.

February 8, 2010 Oil, Top Ten Signposts to Energy Crisis

“The next five years will see us face another crunch – the oil crunch. This time, we do have the chance to prepare. The challenge is to use that time well. ….Our message to government and businesses is clear: act. Don’t let the oil crunch catch us out in the way that the credit crunch did.”

Kuwaiti scientists forecast world conventional crude oil production will peak in 2014.

February 4, 2010 Oil, Top Ten Signposts to Energy Crisis

The Kuwait University / Kuwait Petroleum Company study, published in the journal Energy & Fuels, describes the development of a new version of the original “single cycle” Hubbert model that accounts for individual production trends (i.e. a “multi-cycle” model) to provide a global oil production forecast. The researchers analyse production trends of the 47 oil-producing countries supplying most of the world’s conventional crude oil.

“We’ve got the power”: a month in the life of the nuclear industry.

February 1, 2010 Commentaries, Nuclear

A good fiction writer couldn’t invent the problems they have, as I describe in this Sublime column.