From Truthout.org: This superbly researched 2015 paper explains why China’s unfolding environmental crisis is so horrific, so much worse than “normal” capitalism almost everywhere else, and why the government is incapable of suppressing pollution even from its own industries. It should serve as a warning for India, whose official policies increasingly mimic the ‘China model’.
From The Wall Street Journal: While most big oil companies foresee a day when the world will need less crude, timing peak oil demand has proven controversial. Most Big European producers predict that a peak could emerge as soon as 2025 or 2030, and are overhauling long-term investment plans to diversify away from crude oil.
From Deccan Herald: There’s a great deal of disagreement between those who predict the end of oil era and those who believe in the need to look for more oil reserves. Since India’s ready to invest a huge amount in transforming its economy, there’s an urgent need to find out which scenario will pan out.
Keith Schneider writes: It is almost impossible for a single place to embody the full array of emerging factors around climate, carbon, water, finance, culture and cleaner technology that have utterly changed how India and the world view the value and risks of coal. But if such a place exists, it’s Vilambur in Tamil Nadu.
The Wire reports: If India builds all its proposed coal-based power plants, then it might not fulfill its promise made under the Paris climate agreement, says a new study conducted by CoalSwarm. The country is currently the fourth-largest emitter of greenhouse gases in the world, and its largely-coal-based energy sector contributes two-thirds of those emissions.
From Chinadialogue.net: China’s massive Asian infrastructure network of proposed new roads, railways, ports and airports, linking 65 countries to itself must grapple with the same problem as the ancient Silk Road it’s been named after. Sand. Deserts present as big a problem along the “Silk Road Economic Belt” as when camel caravans ambled across Central.
Down to Earth reports: With his executive order, which lifts the ban on coal production and lifts restrictions on production of oil, natural gas, ‘clean coal’ and shale energy, U.S. President Donald Trump has literally started the process of dismantling the Paris Climate Agreement— the landmark international pact adopted in 2015 to fight climate change.
Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, they miss the point that the world is finite. We don’t have infinite resources, or unlimited ability to handle excess pollution. So we’re setting up a “solution” that is at best temporary. Here’s why globalization is, in fact, a very major problem.
Paul McDivitt writes: Making wind and solar seem like they’re doing better than they really are could come back to bite proponents —and the climate. If people think we are about to replace fossil fuels with renewables, they will be less likely to demand new policies and take actions to lower their own carbon footprints.
Every five years, the Central Electricity Authority prepares a National Electricity Plan. Last December, the CEA released draft of third NEP for 2017-2022 seeking comments from various stakeholders. Some of its conclusions, like ‘close to zero energy demand deficit’, may sound like music to power starved India but also raises serious questions about its authenticity.
Nafeez Ahmed writes: A new research study by HSBC on global oil supply shows that the bulk of the world’s oil production has peaked and is now in decline. Welcome to a new age of permanent economic recession driven by our ongoing dependence on dirty, expensive, difficult oil — unless we choose a fundamentally different path.
The final stages of capitalism, Marx predicted, would be marked by global capital being unable to expand and generate profits at former levels. Capitalists would begin to consume the government along with the physical and social structures that sustained them. These assaults would destroy the host. This final stage of capitalism is what Trump represents.
Gail Tverberg writes: Underlying problems are sufficiently severe that we seem to be headed for a crisis far worse than 2008. Our fundamental problem is that neither high nor low energy prices are now able to keep the world economy operating as we’d like it to. Increased debt can’t seem to fix the problem either.
Suzanne Goldenberg reports: The climate crisis of the 21st century has been caused largely by just 90 companies, which between them produced nearly two-thirds of the greenhouse gas emissions generated since the dawning of the industrial age, new research suggests. They range from investor-owned firms –household names such as Exxon and BP– to state-owned firms.
To try to solve the energy problem, we use approaches that involve increasing complexity, including new technology and globalization. As we add more and more complexity, these approaches tend to work less and less well. In fact, become problems themselves, tending to redistribute wealth toward the top, increasing “overhead” for the economy as a whole.
Phys.org reports: The climate friendly electricity generated by solar panels in the past 40 years has all but cancelled out the polluting energy used to produce them, a study said Tuesday. Indeed, by some calculations, the so-called “break-even point” between dirty energy input and clean output may already have arrived, researchers in the Netherlands reported.
Greenpeace reports: India remains committed to one of the most aggressive programmes to build new coal plants (some 600 of them) that the planet has ever seen. Yet, 94% of the coal power capacity currently under construction will be lying idle. What’s more, solar power’s now cheaper than coal power, by the government’s own admission.
Instead of the scenario envisioned by many Peak Oilers, it’s likely that we will in the very near future hit a limit similar to the collapse scenarios that many early civilizations encountered when they hit resource limits. We don’t think about our situation as being similar, but we too are reaching decreasing resources per capita.
The revised version of a talk given by Soujanya Mantravadi at the Future of Energy for Hyderabad workshop held at La Makaan, Hyderabad on 24. 07. 2016, organized by Ecologise Hyderabad. It explores the implications of the end of the fossil fuel era and ways in which residents of Hyderabad can start preparing for it.
Chris Mooney reports: A large team of researchers have reviewed individual country climate pledges made at the Paris talks to conclude that they fall short, forecasting that the full carbon “budget” that we’ve left to emit if we want to stay below 2 degrees Celsius of warming could be emitted by as early as 2030.