Welcome to the Age of Crappy Oil
Moderator: Peak Moderation
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raspberry-blower
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Welcome to the Age of Crappy Oil
Nafeez Ahmed: Welcome to the Age of Crappy Oil
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woodburner
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At the rate we're going, all oil is crappy from an environment point of view
http://www.ecobuddhism.org/science/c_e/400khad/
http://www.ecobuddhism.org/science/c_e/400khad/
To become an extremist, hang around with people you agree with. Cass Sunstein
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kenneal - lagger
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Nafeez refers to Professor Charles Hall and his concept of EROI and an EROI of 4.8 for tar sands oil and 5 for shale. In his book, Energy And The Wealth Of Nation, Hall says that energy sources require an EROI of at least 5 to be a net contributor to a nations economy to make up for the servicing requirements for the energy source. It's no wonder that the world's economy is in the doldrums now with up to a third of its energy supply coming in at an EROI near, at or below 5.
And our politicians are happy for us to rely on energy from such sources. Just shows their ignorance.
And our politicians are happy for us to rely on energy from such sources. Just shows their ignorance.
Action is the antidote to despair - Joan Baez