Tag Archives | peak oil

Why Higher Oil Prices are Leading to Reduced Clean Energy Investment

There’s been a lot of investment and deployment in renewable energy technologies for power generation and for displacing petroleum products, but as far as we’ve come over such a short time, and as much as triple-digit oil prices are helping to accelerate the transition, the disturbing fact is that higher-priced oil is leading to dramatically […]

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Saudi Arabia acknowledges peak oil. When will we?

If one of the world’s leading oil producers and exporters is officially acknowledging that alternative energy production is the way of the future and the key to human sustainability and survival of our tiny little planet, why is the idea even open for debate? The United States is currently the largest oil consumer in the […]

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Can renewable energy power the entire globe?

A new study says that the world could completely run on renewable, sustainable energy by 2030. It is no secret that the energy output from “alternative” sources like the sun, wind and water is astronomical. Living in a world “addicted” to energy, harnessing such power would be a world-changing event, and for the better. The […]

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Saudi Arabia’s Oil Overestimated by 40%, Wikileaks Reveals

Looks like peak oil might be even closer than we thought — the most recent Wikileaks cable released by the Guardian has revealed that US diplomats are convinced that Saudi Arabia has overestimated its vaunted oil reserves by a stunning 40%. Saudi Arabia is the world’s largest oil supplier, and is widely believed to be […]

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Does peak oil even matter?

It is easy to become befuddled by the current discourse on peak oil. Peak oil is defined generally as the point at which the flow rate of oil to society has reached a maximum. But this simple definition has issues too, such as what should be considered “oil.” Take, for example, the following sentences from […]

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Is ‘Peak Oil’ Behind Us?

Peak oil is not just here — it’s behind us already. That’s the conclusion of the International Energy Agency, the Paris-based organization that provides energy analysis to 28 industrialized nations. According to a projection in the agency’s latest annual report, released last week, production of conventional crude oil — the black liquid stuff that rigs […]

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