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Archive for the ‘Energy Supply’ Category

Following hard on the heels of our event last Monday, today I read two recently published articles which prompted further thinking on how to/impact of reducing our oil demand: A brief economic explanation of Peak Oil by Chris Skrebowski Graph 3 Shows the development of oil prices and illustrates the $10/year trend (red line) The [...]

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The recent ASPO/SEAI event, which was headlined by a presentation from the IMF on Chapter 3 of their April 2011 WEO, has prompted some further thinking on the issue of Ireland’s strategy for risk management and resilience building. Probably the most important statement by Dr. Kumhof was If there is a non-negligible risk of future [...]

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Watching Barack Obama walk off Airforce One this morning in Dublin airport into a very blustery day, it inspired me to take a look at the Eirgrid website to see what kind of power our wind turbine fleet is generating.

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The latest International Monetary Fund (IMF) World Economic Outlook (WEO) published last month (April 2011) makes for very interesting reading, Chapter 3 specifically: “Oil Scarcity, Growth, and Global Imbalances”. Considering the findings of the report, it’s remarkable the relatively little press the report has received, and I can find none in the Irish media. All [...]

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Energy is the primary resource of ecological and economic growing systems (Robert U. Ayres & B. Warr 2005). Conventional economic theory does not recognise this simple obvious truth to its full extent; preferring to convolute and substitute. Well it appears this works no more… There is growing global concern that inefficient energy consumption in the [...]

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BP “did not have the tools” to contain a deep-water oil leak, as they now admit. Their failure with that risk must now raise profound questions about how they handle other risks, in particular the threat that global oil production will fall prematurely, ambushing an oil-addicted world economy. That risk, “peak oil” as it is known, worries growing numbers of people, not least in and around the oil industry. But BP’s approach to it, until now, has been to pour scorn on the worriers. The company is a cheerleader in the global oil industry’s effort to persuade society not to be concerned about peak oil.

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Fine Gael’s frontbench spokesperson for energy, Deputy Simon Coveney, had his private members motion to improve Ireland’s energy security voted down by government recently.

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