One study that does address the peak-oil scenario directly is a 2005 report conducted for the National Energy Technology Laboratory (NETL) entitled “Peaking of World Oil Production: Impacts, Mitigation, and Risk Management” (Hirsch, et al., 2005). This study acknowledged the risk of the peaking of world oil production and investigated strategies to mitigate the impacts. Because NETL is the government’s primary fossil energy research lab, it is not surprising that the report concludes that the way to solve our looming liquid fossil fuel problem is . . . with more fossil fuels. (more…)
Nuclear fission and fusion Research and Development continues to account for nearly half of the total spending by IEA countries, al ...
Transportation is another sector that has increased its relative share of primary energy use. This sector has serious concerns ...
Options for dealing with the threats of climate change include both adaptation to inevitable changes and mitigation, or lessening, ...
ITMA Foundation, a group of researchers formed by Javier Belzunce, José Manuel Artimez, Ana Moran and Ruben Coto, has developed the ...
Do we have the resources? Rudolf Diesel developed the diesel engine which ran on biodiesel vegetable oil in the late 1800s. At the ...
For years it was out of desperation that observers have advised and viewed of American energy policy and geopolitical risks regarding American obsession with oil. United States have become very sensitive to permanent events in the Gulf region. But the great surprise was the American public seems quite happy to give thousands of young soldiers in a desert war against other nation with huge cost inline. (more…)
Tanker transportation and oil transport functions as an important link to facilitate the flow of oil and products from their li ...
The entire concept of energy independence revolves around using the resources within a country. Simply put, it's "Stay within ...
In the post-World War II period, until the beginning of the 1970s, oil price fluctuations were very small. From 1949 to 1970, a ...
Natural gas is the fastest growing energy source worldwide, and its share of total energy consumption, according to the EIA, is ...
Here, the sensitivity of energy demand to climate is measured two ways. The first method uses elasticities that provide simple summ ...
