Peak renewables

Real energy pipelines are a better bet than green pipe dreams

Washington Times

The “peak oil” scare has long been used as an excuse for alternative-energy providers to demand government subsidies. We are told that oil production will reach a zenith and the wells will run dry any day now, so failure to provide billions in handouts to the providers of other fuels would be irresponsible. Forget peak oil – the world may be on the verge of peak renewables.

The much-hyped intermittent energy sources such as solar and wind have proved so expensive to maintain that other developed nations are trimming subsidies. The push-back appeared in United Nations climate-change talks that began last week in Bonn, jeopardizing the green dream of an annual $100 billion slush fund for global alternative-energy projects.  Read entire article here

3 thoughts on “Peak renewables

  1. Peak oil is not about “wells running dry”, though that is happening to spent fields (such as in Texas). Peak oil is not geological peak, but four other factors.

    1) Flow rate from all fields peaks, and drops as new fields cannot keep up with decline from aged fields (with the North Sea, Cantarell in terminal decline). This is the case we are at now, since 2005. The recession has dropped demand, which has not exceeded supply, but we are on the edge of that crest, hence the price of oil. Increased demand will push us up against the flow rate ceiling, causing prices to increase, precipitating a recession, and demand drops, price drops, and so on.

    2) ERoEI. This is the amount of energy it takes to extract the oil vs how much energy you get out of it. In the 1960’s the ratio was 100:1. Today, world wide, it’s about 25:1. The tar sands is 6:1 for the surface mining, much less for insitu. Society needs a minimum of 4:1. Once it takes more energy to extract the oil than we get out of it then we have run out of oil.

    3) Economics. This happens when a country is so broke and indebted that its companies nor the public can afford to buy energy.

    4) Geopolitical. That’s when one country buys up all the oil fields it can leaving nothing left for anyone else (China is doing that now). It’s also when producing countries need more of their own oil, hence export less.

    There is lots of oil in the ground, the issues are any one or a combination of the above working against us.

  2. LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    Another exact science with one end , to do one thing , justify charging you more money.
    Peak oil………..

  3. “The push-back appeared in United Nations climate-change talks that began last week in Bonn, jeopardizing the green dream of an annual $100 billion slush fund for global alternative-energy projects.”

    Wow I’m so glad of that. $100 billion given free to tin-pot dictators will sure buy a lot of guns…I mean wind turbines…yea thats right, it will buy wind turbines, none of it will be used to buy guns… tin-pot dictators want to save the planet…who said anything about guns?

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