Earlier quoted context omitted.
There seems to be correlation. Causation is not yet proven. In health and sciences that would be enough to prohibit certain activities. But when industry for the benefit of jobs, GDP, etc has its way it means continue as normal regardless of the warnings. This is why we are nearing a climate crisis. I suppose it is a form of the tragedy of the commons.
The ready availability of hydrocarbons is a pretty significantly public good. Secondarily, the oil industry was one of the first ones regulated ( Sherman Act ) and when an industry is regulated, they get better and better at finding the edges to slip past over time. "In health and sciences this would be enough to.." is a massive problem, IMO. If the full measure of tobacco law is brought to bear on "energy companies"…
When oil is no longer in demand
171–175 of 175 posts
Re: When oil is no longer in demand
#172Earlier quoted context omitted.
Added population will be mostly in poor areas where power consumption is very low. Energy demand will likely be driven by US, China and India in the next decade(s), the process there is important and very positive. Have a look at Gansu Wind Farm in China. [1] They build so many wind turbines there that they had to restrict production until they've finished the corresponding amount of high-voltage cables connecting it…
India and China have 1/3 of the world population. The US is less than 5% so it doesn't matter, except we use 20% of the oil. China is already the largest car market and India is rising. China gets over 70% of its electricity from coal. That's great that China is developing solar and wind. Hopefully, it breaks into the double digits in 10 years. We have a long way to go, and we're on a clock.
The US is the 2nd largest Greenhouse gas emitter on the planet. It matters.
https://en.wikipedia.org/wiki/List_of_countries_by_carbon_di...
Re: When oil is no longer in demand
#173Earlier quoted context omitted.
The ready availability of hydrocarbons is a pretty significantly public good. Secondarily, the oil industry was one of the first ones regulated ( Sherman Act ) and when an industry is regulated, they get better and better at finding the edges to slip past over time. "In health and sciences this would be enough to.." is a massive problem, IMO. If the full measure of tobacco law is brought to bear on "energy companies"…
It appears to be clearly in the middle cigarette processing phase of actively denying any science, passing state laws prohibiting local control (see for example Dallas Texas). I expect it will take a while to get to the levels of the late cigarette industry (recognition that it has impact and controlling it to reduce danger).
As socially agreeable as the D.O.J v Phillip Morris decision may be in many circles, it's a terrible precedent. All - all - prohibitions are Bad.
I don't think there will ever be any "control"; if there's regulation of it, the effect will be to send people out of the business. You'll be left with the people who feel up to tangling with the government over it. Guys like Dick Cheney.
Re: When oil is no longer in demand
#174A web developer from Aberdeen here. The transition from wealthy to poor in Aberdeen has been instantaneous. Everyone I know in the city has been affected—my fiancee was made redundant, my Dad (after 25 years at BP) and my best mate’s dad (after 25 years at Shell) too. I studied CS at Robert Gordon University, which is cutting academic staff. I also worked at a design and dev shop, but that went bust in December last…
Re: When oil is no longer in demand
#175A web developer from Aberdeen here. The transition from wealthy to poor in Aberdeen has been instantaneous. Everyone I know in the city has been affected—my fiancee was made redundant, my Dad (after 25 years at BP) and my best mate’s dad (after 25 years at Shell) too. I studied CS at Robert Gordon University, which is cutting academic staff. I also worked at a design and dev shop, but that went bust in December last…
Out of the fire comes renewal...
We are working on a programme for digital founders, working on opening up the oil data so that data scientists and hackers can have a play at finding oil and creating lots of opportunities for folk of a similar mind to meet, mingle and work...its too late, but we are hopeful.
If anyone want to learn more, especaiily about hack for Oil email me at steve dot harrison at scotent dot co dot uk and I will share some secrets and ask some opinions...