|CARBON COUNTER - Issues - Finite Fossil Fuel
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"This order [i.e. capitalism] is now bound to the technical and economic conditions of machine production which today determine the lives of all the individuals who are born into this mechanism... Perhaps it will so determine them until the last ton of fossilised coal is burnt."
Max Weber, 1905
Finite Fossil Fuels
We are running out of fossil fuels.
There is much talk about "reserves", and there is a strong market argument that the higher the price for oil, the more it is worth excavating shale and the like. But this ignores the increased difficulty in getting any oil in terms of energy/security, not too mention those who can't afford the higher prices..
How long will the oil last?
'Peak' Oil refers to the maximum rate of the production of oil in any area under consideration, recognising that it is a finite natural resource, subject to depletion.
UK: Britain released the latest national energy statistics through the end of 2006. Total production was 196.1 million tons of oil equivalent, 9.0 per cent lower than in 2005. Within this, production of petroleum fell by 9.3 percent, production of natural gas fell by 9.1 percent and production of coal fell by 8.3 percent." Peak Oil Review. The UK is set to become a net importer of crude oil and refined products in 2007. it may be that the UK has to face up to hiw much oil it uses before anybody else, as there are only about 250 barrels per person compatred with say Norway with 4000. More
Coal "Clean Coal"
add to "plans" Adopt the Protocol
For Links Oil Age poster