Category Peak oil

General Motors CEO: oil has peaked

The world’s biggest car maker, General Motors, believes the global oil supply has peaked and a switch to electric cars is inevitable. Thus, it becomes crucial to create electricity from renewable, clean sources. Millions of autos powered by electricity from…

Peak oil. Oil production chart

Chart from an interview with Matt Simmons, who “has been an investment banker for 40 years. He is the founder and chairman of the world’s largest energy investment banking company, Simmons & Co. International. In 2005, he published ‘Twilight in…

Japan to mine “flammable ice” for energy

How crazy is this? Fifty-five million years ago the world’s climate was catastrophically changed when volcanoes melted natural gas frozen in the seabed. Now Japan plans to drill for the same icy crystals to end its reliance on imported energy.…

USSR collapse as a model?

Jim Kuntsler contrasts the collapse of the USSR vs. the collapse he sees coming here, and thinks maybe Russians were better prepared than we will be. The comparison with the American situation is chilling. For all its gross faults, the…