Interview with Financial Sense July 8, 2011

July 8, 2011 at 11:21 am
Contributed by: Chris

I appeared on the Financial Sense with Jim Puplava program today, in a segment they titled  “2012 Energy Crisis Now Looking Likely.” We discussed the futility of releasing oil from the Strategic Petroleum Reserve, and why our government officials and business leaders are failing to come to grips with the loss of spare oil production capacity and consequent oil price spikes that should develop in 2012, followed by the long-term decline in global oil production. (I did not actually predict oil over $150 a barrel, as they indicated on their site, but I do think we’ll hit a maximum pain tolerance point that will kill demand in the OECD, and that price point will likely be lower than the $147 peak we saw in 2008.) My long-term thesis for this century is that fossil fuel supply will decline to almost nothing over the next 90 years, resulting in what I’m calling The Great Contraction–a century of economic shrinkage, and a long process of relocalization (the reversal of globalization). But our leaders are utterly failing to plan for it. I concluded that “there is no intelligent life here.” But on the bright side, solar installations are setting new records in California.

You can download the show (32 mins) here: RealPlayer | WinAmp | Windows Media | MP3

See also: Seven Paths to our Energy Future

Have Renewables Surpassed Nuclear in the US?

July 7, 2011 at 7:13 pm
Contributed by: Chris

Have Renewables Surpassed Nuclear in the US?

Winning by a Wet Nose

By Chris Nelder, GetRealList
July 7, 2010

The latest EIA Monthly Energy Review caused a bit of a stir this week, as a few observers noticed thatUS renewable energy had exceeded nuclear power. Cleantech bloggers were quick to seize on the 2.44 quads (quadrillion BTU) of renewable supply in Q1 2011 vs. the 2.13 quads from nuclear generation as a sign that nuclear power had entered its twilight years.

My own analysis suggests a different conclusion.

(more…)


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