From the log: TOP TEN most recent signposts to the coming energy crisis
IEA: US shale boom masks threat to world oil supply.
12 Nov 2014
Fuels rush in as energy blackout threat prompts action from National Grid.
7 Sep 2014
“Saudi Aramco to invest $400bn to keep oil production steady.”
26 Aug 2014
“UK oil output threatened by platforms running out of juice.”
22 Aug 2014
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
- IEA: US shale boom masks threat to world oil supply.
TOP TEN Archive (2011 only)
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UK PM: “We can make Britain a global showcase for green innovation.”
David Cameron, launching the Green Deal: “Make no mistake we are in a global race and the countries that succeed in that race, the economies in Europe that will prosper, are those that are the greenest and the most energy efficient.” “….it is the countries that prioritise green energy that will secure the biggest share of jobs and growth in a global low carbon sector set to be worth $4tr by 2015. So to those who say we just can’t afford to prioritise green energy right now, my view is we can’t afford not to. ….Already today Britain is one of the best places for green energy, green investment, and crucially for green jobs anywhere in the world. …our reformed feed-in tariff is helping drive the growth of a vibrant and entrepreneurial decentralised energy sector, providing communities and business with a range of innovative clean technologies. ….Together we can make Britain a global showcase for green innovation and energy efficiency.”
JL: I think the key word in the last sentence is “can.”
World’s top environmentalists call foundations and philanthropists to action
Introducing my latest bookDownload chapter one, read the reviews and find out how to order here.
“Fracking’s mythology is single biggest threat to the solar revolution.”
5 Nov 2014
Jeremy Leggett in Recharge magazine: “There are days of late when the solar revolution seems to be an inevitability, and an imminent one.
When one reads that by 2020 an “energy trio” purchase of solar roof plus electric vehicle plus domestic battery will be able to pay for itself… Read-more
IPCC 1990 – 2014: a quarter century of The Carbon War.
31 Oct 2014
Jeremy Leggett on the Greenpeace Energy Desk: “When the Intergovernmental Panel on Climate Change completed its First Assessment Report in 1990, almost a quarter of a century ago, I worked for Greenpeace as a climate campaigner.”
“For the previous decade I had been a university scientist, on the
“Welcome to the energy transition”: Times special report.
15 Oct 2014
The Times: “It is tempting to be selective and take sustainability success stories, such as the positive climate stance of President Obama, Rockefeller Foundation divestment, and record-breaking solar power generation in China and Germany, as evidence of a global tipping-point moment for the clean and green agenda.”
UK renewables companies consider Hinkley EC legal challenge.
12 Oct 2014
Guardian: “Independent energy supplier Ecotricity is among companies and organisations considering a legal challenge against the European commission decision to give the approval for the Hinkley Point C nuclear plant.”
“Austria has already promised to fight the decision in the courts but Dale Vince, the founder of Ecotricity,… Read-more
Environmentalists’ appeal to foundations on climate: the full case.
2 Oct 2014Jeremy Leggett in Recharge magazine: “Imagine two armies lining up for a make-or-break battle in a civil war. Envisage a group of financiers, worth hundreds of billions, most of whom want a certain side to win.”
“They mostly watch from the sidelines. Yet if their favoured side loses,
“Political will is only barrier to 100% renewables.”
22 Sep 2014
TheEcologist: “A report published ahead of tomorrow’s UN Climate Summit shows that we can meet all our energy needs from renewables, writes Paul Brown – poor nations and prosperous, tiny islands and great cities, in any part of the globe. And some are doing it already.”
“The benefits… Read-more
Leading philanthropic foundations can play vital role in UN climate talks.
15 Sep 2014
On RTCC: “In the largest and most international declaration ever published by environmentalists, 160 winners of environmental prizes from 46 countries, have today called on the world’s foundations to use their financial power to fight global warming.”
“In an appeal published in the International New York Times they call on… Read-more
“Shell’s Jekyll and Hyde approach to climate change.”
8 Sep 2014
Business Week: “In April, Royal Dutch Shell (RDS.A) headlined a group of 70 companies that called on world governments to cap greenhouse gas emissions at a level that will contain global warming.”
“The “Trillion Tonne Communique,” named for the amount of heat-trapping gases that scientists believe can be added to the… Read-more
“Fossil fuels are no match for the climate elephant.”
1 Sep 2014Jeremy Leggett in Recharge magazine: “Evidence of imminent total-system change in energy markets has become clearer in recent months. Let me take five themes in turn: climate change, carbon bubble, shale “surprise”, oil shock and solar revolution.”
“Global average temperatures for May and June were the hottest on
- “Fracking’s mythology is single biggest threat to the solar revolution.”
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