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Hi Chris & All, Jul 6, 2012
Money talks but that works both ways.=20
Back in the 70's (?) government incentives to promote oil =
exploration and development, in the form of tax breaks, were so rich =
that exploration and development were practically free of cost to the =
companies. I suspect that the tar sands industry has been even more =
heavily supported by tax dollars.=20
If my suspicions are correct then an analysis of direct and indirect =
taxpayer support of the petrochemical industry could generate pressure =
to reduce this. Most people don't care about the environment and will =
'solve' global warming by buying a more powerful airconditioner. But =
they might be prepared to push back if they saw taxpayer funds being =
converted to petrochemical industry profits.
Yt, Dave Webster, Kentville
=20
=20
----- Original Message -----=20
From: Christopher Majka=20
To: naturens@chebucto.ns.ca=20
Sent: Thursday, July 05, 2012 3:22 PM
Subject: [NatureNS] In the valley of the shadow of peak oil
Hi folks,
Since 1956 when Texas oilman and geochemist King Hubbert first =
proposed the concept, "peak oil" has been the talk of the oil industry, =
economists, planners, technologists, politicians, and environmentalists. =
King Hubbert understood the implications of his theory from a =
conservationist perspective, writing:
"We are in a crisis in the evolution of human society. It's unique to =
both human and geologic history. It has never happened before and it =
can't possibly happen again. You can only use oil once. You can only use =
metals once. Soon all the oil is going to be burned and all the metals =
mined and scattered."
Now, a new study indicates that peak oil is nowhere in sight. Leonardo =
Maugeri, a world expert on oil, gas, and energy, has rewritten the =
narrative of peak oil. Examining current oil "plays" and those on the =
cusp of being developed, Maugeri forecasts a continuing rise in oil =
production from the current 93 million barrels a day (mbd) in 2011 to =
110.6 mbd in 2020.=20
The principal factor driving this increase is the =
"de-conventionalization" of oil supply, notably the US shale/tight oils, =
the Canadian bitumen sands, Venezuela's heavy oils, and Brazil's =
pre-salt oils. New technology and high oil prices are driving this =
unconventional oil production and only action at the political level can =
ensure a transition to renewable energy and avoid climate change =
disaster. Interested in finding out more? See my recent article for =
Rabble.ca:
In the valley of the shadow of peak oil
=
http://rabble.ca/blogs/bloggers/christophermajka/2012/07/valley-shadow-pe=
ak-oil
Best wishes,
Chris
Christopher Majka - columnist, Rabble.ca
Halifax, Nova Scotia, Canada
Email: c.majka@ns.sympatico.ca
http://rabble.ca/blog/26142
"The significant problems of our time cannot be solved by the same =
level of thinking that created them." - Albert Einstein
No virus found in this message.
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<STYLE></STYLE>
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<BODY=20
style=3D"WORD-WRAP: break-word; -webkit-nbsp-mode: space; =
-webkit-line-break: after-white-space"=20
bgColor=3D#ffffff>
<DIV><FONT size=3D2>Hi Chris & All, =
=20
Jul 6,=20
2012</FONT></DIV>
<DIV><FONT size=3D2> Money talks but that works both =
ways.=20
</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2> Back in the 70's (?) government =
incentives=20
to promote oil exploration and development, in the form of tax breaks, =
were so=20
rich that exploration and development were practically free of cost to =
the=20
companies. I suspect that the tar sands industry has been even =
more heavily supported by tax dollars. </FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2> If my suspicions are correct then =
an=20
analysis of direct and indirect taxpayer support of the petrochemical =
industry=20
could generate pressure to reduce this. Most people don't care about the =
environment and will 'solve' global warming by buying a more powerful=20
airconditioner. But they might be prepared to push back if they saw =
taxpayer=20
funds being converted to petrochemical industry profits.</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>Yt, Dave Webster, Kentville</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2> </FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2> </FONT></DIV>
<BLOCKQUOTE=20
style=3D"BORDER-LEFT: #000000 2px solid; PADDING-LEFT: 5px; =
PADDING-RIGHT: 0px; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px"=20
dir=3Dltr>
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"FONT: 10pt arial; BACKGROUND: #e4e4e4; font-color: =
black"><B>From:</B>=20
<A title=3Dc.majka@ns.sympatico.ca=20
href=3D"mailto:c.majka@ns.sympatico.ca">Christopher Majka</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dnaturens@chebucto.ns.ca=20
href=3D"mailto:naturens@chebucto.ns.ca">naturens@chebucto.ns.ca</A> =
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, July 05, 2012 =
3:22=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [NatureNS] In the =
valley of the=20
shadow of peak oil</DIV>
<DIV><BR></DIV>
<DIV>Hi folks,</DIV>
<DIV><BR></DIV>
<DIV>Since 1956 when Texas oilman and geochemist King Hubbert first =
proposed=20
the concept, "peak oil" has been the talk of the oil industry,=20
economists, planners, technologists, politicians, and=20