Now why doesn’t this surprise me? The document from Houston University claims that governments wanting to use Carbon Capture and Storage (CCS) have overestimated its value and says it would take a reservoir the size of a small US state to hold the CO2 produced by one power station. Previous modelling has hugely underestimated the […]
Back in the sixties, a bold group of thought-leaders considered the path of growth that the world appeared to be heading on, and asked themselves the question, “can there be limits to growth?”. At the time, this was considered a preposterous idea, right in the golden age of the automobile and suburban sprawl with cookie cutter bungalows popping up all over North America.
There is a sizable community of energy pundits who, after reviewing oil production records, believe that world oil production peaked last year (2008) at 81.73 million barrels of oil per day. Many in this community follow the discussion at a site called The Oil Drum, where no topic is off limits – as long as it relates to energy future, which if you haven’t worked out yet, just about everything we do or touch exists because of cheap abundant energy. Unfortunately, this number and the impacts on society, culture, the economy and development are being ignored by the media and the general population.