Everybody Needs to Do More Than What Is Reasonable
We cannot just sit and wait for the consequences of Peak Oil to come upon us. We need to prepare strategies and action plans. This will be very difficult to do in a structured way once we are in the midst of a huge recession. We all need to do more than anyone could reasonably [...]
An Alternative Reason Behind the Financial Unrest
May the current financial unrest in part be due to the realization that oil is going to be short and that the only way to make up for this shortage will be to develop and implement renewable fuels on a large scale? Even if this is not yet the official explanation of the development in [...]
The Most Important Financial Issue to Worry About
The global economy faces a number of issues that people in the financial markets worry about right now. One is the US debt ceiling and the development of the financial situation in this country. Another issue, or a number of them, are the financial situations in EU countries like Greece and Ireland. Few people even [...]
Systems Platform Projects
To transform energy systems on a large scale we need national and international systems platforms that make it easy for users of electric and biofuel vehicles to use them anywhere they want to go. We are definitely not there yet. I’m currently working on putting together project teams that aim at establishing such platforms in [...]
Peak Oil Consequences are Generally Underestimated
Most of the experts who discuss Peak Oil are technology or sustainability experts. They tend to view Peak Oil as a gradual decline in our ability to transport, which will lead to a gradual decline in economic circumstances. Investors, however, look five to ten years ahead in their estimates and react to their forecasts NOW. [...]
Too Bad We Cannot All Agree
There seems to be a consensus among sustainability experts, politicians, economists, and the general public that the measures that are taken in order to reduce carbon dioxide emissions by 20 per cent by 2020 are sufficient also to meet the needs created by Peak Oil. Even Peak Oil alarmists, who foresee dire consequences as the [...]
Analyzing the Trajectory
A number of people, not only at the International Energy Agency and ASPO, analyze the awe-inspiring trajectory of global oil production. Declining production volumes could be compared to a comet that is going to strike the aspect of global civilization that is most vulnerable – the global economy. Below is a recent example that indicates [...]
Large Scale Systems Needed
Global Energy Transformation will require large scale systems that make it easy for the customer to adopt electric vehicles or biofuel cars, and that make it possible for transportation companies to travel across continents without problems. The development of these large scale systems will demand large investments, and the participation from companies that we don’t [...]
Path Dependence
The QWERTY keyboard was originally designed to slow typing down so that the keys on typewriters would not constantly jam. With computers we no longer have that problem, but we keep the same keyboard. Economists call this phenomenon “path dependence.” The term is used when past investments, such as training of a lot of people, [...]
Global Energy Denial
In the past few years the insight has arisen among an increasing number of energy experts that we are facing a problem with energy supply that had not previously been anticipated. This regards the issue of Peak Oil and the fact that we are not going to easily and inexpensively have access to large volumes [...]
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