Insight and inspiration in turbulent times.
– Japanese Scramble to Avert Meltdowns as Nuclear Crisis Deepens After Quake
– Meltdowns Grow More Likely at the Fukushima Reactors
– US lawmakers say go slow on nuclear energy
– Japan nuclear fears as systems fail at second reactor
– Nuclear plant issues in Japan are the least of their worries
– Background
– More links at TOD
We need to evaluate the potential for a nuclear future in light of the disaster in Japan. This was not unpredictable, and should have been accounted for in any realistic assessment of nuclear potential. It cannot realistically be described as a black swan event.
Human behaviour can easily turn what should be a one in one hundred thousand reactor-year event in to something all too likely within a human lifespan. Nuclear power may allow us to cushion the coming decline in fossil fuel availability, but only at a potentially very high price. (Excerpts)
It’s been nearly six months since BP Plc.’s runaway oil well in the Gulf of Mexico, which caused the largest unintentional offshore spill on record, was finally deemed “effectively dead.” And those six months have brought almost as many books on the disaster. Cavnar’s book has a particular ring of authenticity, and I suspect that’s because he’s the only one of the above authors to have spent a career in the oil and gas drilling business.
– Hillary Clinton: US Losing Information War to Alternative Media (video)
– How WikiLeaks is democratizing journalism, redistributing power and increasing transparency
– In the Age of WikiLeaks, the End of Secrecy?
– The Internet’s Unholy Marriage to Capitalism
– Could a blueprint for a happier and more successful society come a little-known French philosopher?
– Reflections on the Early Global Springtime of Peoples
– 1 million workers. 90 million iPhones. 17 suicides. Who’s to Blame?
– In New Food Culture, a Young Generation of Farmers Emerges
– Peak Phosphorus: Is there enough for biofuels at scale?
– The Future is Organic (but it’s more than organic) – report from plant scientist
– (GMO) Alfalfa and Our Future
Continued violence in the Middle East kept oil prices high this week. Libyan exports are down at least 1 million barrels a day and fears are escalating that the stand-off there could turn in to a protracted civil war. The unrest spread to Oman this week where security forces clashed with demonstrators. Meanwhile news of the arrest of a Shi’ite cleric demanding democratic reforms in Saudi Arabia sent the Saudi Tadawul stock exchange down 11%.
Only two years ago Chesapeake Energy Corp. president Aubrey McClendon was telling us about the limitless future of natural gas in North America. It is a good thing that McClendon, who still runs Chesapeake, isn’t taking his own advice these days.
Increasing the energy efficiency allows us to pay a higher price per unit energy. This enables higher ultimate production of fossil fuels with their associated CO2 emission to the atmosphere.
This past week was supposedly the week of the game changer in the world of oil. Leaked U.S. diplomatic cables from Saudi Arabia called into question the ability of the globe’s largest oil exporter to raise production to satisfy a world increasingly thirsty for petroleum. In the United States a technique called hydraulic fracturing–which has seemingly unlocked vast natural gas resources–will now be applied to oil trapped in shale deposits. Are these two developments really the so-called game changers they are claimed to be?
Ohio, the home of John D. Rockefeller’s Standard Oil, and site of the world’s largest oil-producing provinces in the late 19th century, is again at the center of the action in domestic fossil fuel production as a controversial drilling technique, known as fracking, is draining Ohio’s remaining oil and gas reserves. With global oil production peaking and the number of new large oil finds dwindling, is increased domestic production in Ohio and other states through fracking a vital contribution to our energy security, or a fate to be fought?
As the rare earth drama continues to unfold, we can expect to see a lot of anticipation on the part of the parties involved. One thing that we should expect is that the price of technological goods will be impacted, at least until the time alternatives can be put in place.
