Thinking about oil

slaves 2

Today’s energy supply is equivalent – in energy terms – to 22 billion slaves working around the clock. We’re living with this enormous stock of slaves working for us – in the form of oil – but by the end of this century, there aren’t any more of them.

That’s a huge change we’re facing, it effects just absolutely every aspect of the modern world. [1] Continue reading

Clean energy vs. oil

ALTERNATIVE ENERGY

 When oil prices fall, low-carbon sources of energy such as wind and solar power may seem less attractive to investors, creating doubts about the pace of the world’s transition to clean energy.

Some renewable energy projects which aren’t completely bedded down are certainly … delayed but at the same time, (the low oil price takes) off the market very expensive oil projects. Tar sands and exploration in the Arctic have become less attractive due to the oil price crash. [1] Continue reading