From the log: TOP TEN most recent signposts to the coming energy crisis
Shale shock as biggest US putative tight-oil play revised down by 96%.
21 May 2014
IEA: Opec oil supply could fall short of meeting global demand this year.
15 May 2014
Cost of new oil projects >$100, revenue per boe $72: Morgan Stanley.
11 May 2014
“Shale drillers feast on junk debt to stay on treadmill”: Bloomberg.
30 Apr 2014
Giant Kashagan oilfield could be out of production for two years.
7 Apr 2014
“Conventional peak oil is quite probably here”: ex BP geologist.
17 Feb 2014
Big oil companies struggle to justify soaring project costs.
28 Jan 2014
Former BP geologist Richard Miller: peak oil is essentially here.
23 Dec 2013
S Sudan loses 250k mbd and the talk is of global oil supply crisis.
23 Dec 2013
“The fall off in conventional oil production is real and scary.”
13 Dec 2013
- Shale shock as biggest US putative tight-oil play revised down by 96%.
TOP TEN Archive (2011 only)
TRIPLE CRUNCH LOG ArchiveView the full Triple Crunch Log archive going back to 2006 (mostly untagged before May 2011).
Monthly Archives (fully tagged from May 2011)
SolarcenturyThe company I founded in 1998 to design and supply solar energy solutions for the built environment. Solarcentury
Solar AidThe charity I founded in 2006, with a 5% contribution of Solarcentury profits, to help deliver solar lighting to Africa. Solar Aid
Carbon TrackerThe Carbon Tracker Initiative's mission is to align the capital markets with international climate policy targets. We are small but very active group of financial analysts and policy experts. Carbon Tracker
My latest presentations
Energy StatisticsSee statistics for Energy Production and Consumption
Italian government moves to stop nuclear newbuild
Burlusconi wins a confidence vote on measures that include a 1-2 year stop pending review.
My new bookDownload chapter one, read the reviews and find out how to order here.
Introducing my new book
The Energy of Nations: “thriller-like”, “fast-paced”, “wonderful anecdotes”.
24 Jul 2014
Germana Canzi: “It was with a bit of trepidation that I started to read Jeremy Leggett’s most recent book,The Energy of Nations: Risk Blindness and the Road to Renaissance (Routledge, 2013). Last time I read one of Leggett’s books – The Carbon Wars – it had such an impact on me… Read-more
Solar displacing oil for lighting, en route to the rest of fossil fuels.
19 Jul 2014
Robyn Williams on ABC Radio National: “Jeremy Leggett describes kerosene lamps as the vampires of developing communities in Africa. They suck financial resources to provide pitiful light, noxious fumes, lost houses and schools due to accidents, as well as damaging emissions.”
“110 million households in Africa don’t have… Read-more
Solar on UK commercial buildings: big vacant spaces, big opportunity.
18 Jul 2014
Jeremy Leggett in the Guardian: “As the cost of solar energy plunges, the solar industry is growing at whatsome describe as “lightning speed”. But that is a global picture. Nationally, the situation varies greatly, depending on the attitude of the incumbent government.”
“When it comes to domestic market… Read-more
The Economist on Shell, Exxon & carbon: “the elephant in the atmosphere”.
18 Jul 2014
Economist: “In September 2013 a group of institutional investors with $3 trillion of assets under management asked the 45 biggest quoted oil firms how climate change might affect their business and, in particular, whether any of their oil reserves might become “stranded assets”—unusable if laws to curb emissions of carbon… Read-more
Reports of the death of green jobs have been exaggerated.
16 Jul 2014
FT: ”Global investment in clean energy fell 12 per cent in 2013 according to Bloomberg. So are we watching the nails go in the coffin of an unaffordable technology? And has the green jobs bubble burst along with it?”“….Even while investors come to terms with yet more policy change,… Read-more
150 UK companies appeal to PM to stop undermining solar industry.
7 Jul 2014
SolarPowerPortal: “A letter to Prime Minister, David Cameron urging him to support Britain’s thriving solar industry has been signed by more than 150 businesses.”
“Signatories include Ikea, Good Energy, Loughborough University and Ecotrcity, with small companies directly involved in the solar PV industry representing the majority of
Shell is wrong to accuse Carbon Tracker of “trivialising the climate debate”.
3 Jul 2014Jeremy Leggett in Recharge: “A debate is growing in the capital markets about whether carbon-fuel assets are at risk of being stranded — rendered unuseable by trends and events, including policies to combat global warming. ExxonMobil and Shell are to be congratulated for recently injecting a much-needed degree of transparency into
Solar researchers discover route to non-toxic thin-film manufacturing.
26 Jun 2014
Independent: “….Researchers believe they have found a way of overcoming one of the most serious limitations of the next generation of solar panels, which are based on toxic cadmium chloride, by simply adding magnesium chloride, an abundant salt found in seawater.”
“A study has shown that the solar… Read-more
Carbon Tracker to Shell: investing in fossil fuels is “a bet on the future”.
19 Jun 2014
Blueandgreentomorrow.com: “The way energy investors react to the financial analysis that describes up to 80% of fossil fuel reserves as “unburnable” will determine whether or not the world successfully tackles climate change, according to a leading green entrepreneur.”
“Jeremy Leggett, founder and chairman of solar developerSolarcentury, told delegates… Read-more
- The Energy of Nations: “thriller-like”, “fast-paced”, “wonderful anecdotes”.
MY COMMENTARY ARCHIVE
TagsArctic Australia Banks Big 6 BP Canada Carbon bubble Carbon targets Carbon Tracker China Climate talks EDF Electricity market reform Electricity prices Energy efficiency EU Fracking France Fukushima Gas prices Germany IEA Impacts Investment IPCC Japan Macondo Oil price Opec Peak oil Polls Renewables Russia Saudi Arabia Sceptics Security Shale gas Shale oil Shell Solar PV Tar sands UK US Water Wind