Sep 8, 2011 | Energy Depletion
When theorists approach the peak oil problem from the perspective of finding a substitute that will allow us to maintain our present energy infrastructure, their conclusion is one of despair. There may be many substitutes for oil as a concentrated form of storable energy, but none of them are nearly as good as oil itself. Those invested in the status quo would, quite understandably, like to maintain it, but it is becoming apparent even to the most highly invested that the status quo is doomed; that it can be maintained only temporarily, and at a rapidly accelerating environmental cost. The transition before us is not merely a transition in fuel types. It is also a transition in the whole energy infrastructure, both physical and psychological; a transition away from big power plants, distribution lines, and metered consumers; away from capital-intensive drilling, refining, distribution, and consumer fueling stations. More broadly, it is a transition away from centralization, concentration, and all the social institutions that go along with it.
Sep 6, 2011 | Ecopsychology, Feature Articles
Any serious oil spill in the ice of the Arctic, the “new frontier” for oil exploration, is likely to be an uncontrollable environmental disaster despoiling vast areas of the world’s most untouched ecosystem, one of the world’s leading polar scientists has told The Independent.
Aug 26, 2011 | Economic Meltdown
Just after the release of his newest book, The End of Growth: Adapting to Our New Economic Reality, I sat down with Richard Heinberg via Skype to get his take on what needs to happen to shift the conversation on peak oil and peak debt. The interview follows.
Aug 20, 2011 | Collapse of Industrial Civilization
About a decade ago I realized we were putting the finishing touches on our own extinction party, with the party probably over by 2030. During the intervening period I’ve seen nothing to sway this belief, and much evidence to reinforce it. Yet the protests, ridicule, and hate mail reach a fervent pitch when I speak or write about the potential for near-term extinction of Homo sapiens.
“We’re different.”
“We’re special.”
“We’re too intelligent.”
“We’ll find a way out. We always do.”
Aug 3, 2011 | Video
Jul 24, 2011 | Economic Meltdown
While “experts” assure us that the economy is slowly emerging from recession, a growing camp of well-informed dissenters thinks not. The scant evidence of recovery, insists this group, is not an anomaly but the sign of a profound sea change. The End of Growth, one book unequivocally calls it, next to a cover image of a burst balloon and a pin. The book’s author, Richard Heinberg, makes his case by far the most eloquently and comprehensively—and though it may be a decidedly unwelcome one for those now struggling, that doesn’t detract from its validity.
Jul 14, 2011 | Energy Depletion
With peak oil, what is likely to happen is that the default rate on existing debt will rise, so many people who own bonds (or other debt instruments) will discover that they are worth less than they thought, perhaps nothing. And banks and insurance companies and pension plans will discover that quite a few of their assets aren’t what they thought–they will never be repaid with interest.
Jul 13, 2011 | Energy Depletion
Peak oil tends to cause peak debt. Some will argue with me about this, because they believe it is possible to decouple economic growth from energy growth, and in particular oil growth. As far as I am concerned, though, this decoupling is simply an unproven hypothesis–the normal connection is that a flattening or decline in energy supply causes a slowdown or actual decline in economic growth, and this slowdown causes a shift from an increase in the amount of debt, to a decrease in the amount of debt, as it did for US non-governmental loans in 2009 and 2010
Jun 27, 2011 | Energy Depletion
Think of us today as embarking on a new Thirty Years’ War. It may not result in as much bloodshed as that of the 1600s, though bloodshed there will be, but it will prove no less momentous for the future of the planet. Over the coming decades, we will be embroiled at a global level in a succeed-or-perish contest among the major forms of energy, the corporations which supply them, and the countries that run on them. The question will be: Which will dominate the world’s energy supply in the second half of the twenty-first century? The winners will determine how — and how badly — we live, work, and play in those not-so-distant decades, and will profit enormously as a result. The losers will be cast aside and dismembered.
Jun 25, 2011 | Video
“Petroleum Man is dead. Infinite Growth Man is dead. Post Petroleum Human is alive,” announced Michael C. Ruppert on May 22, 2011. Members of this emerging “species” know they must live in balance with the Earth, while remembering the lessons of industrial civilization.
