Discussion:
peak oil within 15y -- vitol
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M***@kymhorsell.com
2019-03-20 10:29:03 UTC
Permalink
Vitol warns oil demand to peak within 15 years
Vitol, the world's biggest independent energy trader, has said it
expects oil demand to peak within 15 years, reports the Financial
Times, "joining a chorus of warnings that the industry needed to
prepare for a shift towards cleaner fuels". Chief executive Russell
Hardy said yesterday that while the world was not ready to move to
renewable energy without denting economic growth, there was a clear
inflection point ahead, the FT reports: "We anticipate that oil demand
will continue to grow for the next 15 years, even with a marked
increase in the sales of electric vehicles#But that demand growth will
begin to be impacted thereafter." Meanwhile, the Daily Telegraph
reports that UK's North Sea oil industry needs £200bn of investment to
survive for another generation after the steady decline in spending
fell to its lowest in 15 years.
-- David Sheppard and Neil Hume, Financial Times

--
Upcoming events:
08 Apr 2019 2019Q1 $bn disasters NOAA

[Things that make you go hmmm:]
Assaad Razzouk @AssaadRazzouk 19 Mar 2019 13:23Z
No, coal doesn't alleviate poverty and can't deliver electricity access to
the poor: Some 1.1 bn people around the world still lack access to
electricity after more than 100 years of coal-fired power
(Image: "Coal Pile" by Liu Bolin)
buff.ly/2VZNcv0 #climate #art pic.twitter.com/JCEWc5BFOI

Craig Pittman @craigtimes Mar 18
Proposed #Florida legislation would make it a felony for school boards to
buy textbooks that contain, among other things, a discussion of #climate
change. tampabay.com/blogs/gradeboo# via @JeffSolochek

Dana Nuccitelli @dana1981 12 Mar 2019 18:27Z
Wyoming's coal plants are so unprofitable Republicans turned to a `socialist
program' to save them thinkprogress.org/republicans-so# via @thinkprogress

Interactions of tropical cyclones with the Windward and Leeward Islands
Hurricanes affecting the Windward and Leeward Islands in the
southeastern Caribbean have intensified over the past 40 years,
research suggests. The researchers studied how tropical cyclones have
changed from 1979-2016 using the Atlantic Hurricane Database. The
research finds hurricanes have intensified "with respect to maximum
sustained wind speed and central pressure", the authors say.
-- International Journal of Climatology

Australia puts chance of El Niño in 2019 at 70%
Colin Packham, Reuters

Big oil's electric dream offers a double-edged sword
Andy Critchlow, The Daily Telegraph

<https://www.nytimes.com/2019/03/19/climate/colorado-river-water.html>
*Amid 19-Year Drought, States Sign Deal to Conserve Colorado River Water
John Schwartz, The New York Times

Arctic alpine plants in UK face climate extinction
Paul Simons, The Guardian

Car industry bodies slammed for 'disservice' to members over
anti-green lobbying
Michael Holder, BusinessGreen

Ship owners worry about clean fuel bill as ports ban 'scrubbers'
Jonathan Saul and Nina Chestney, Reuters

Climate change affecting productivity: study
Staff, The Hindu

'Embrace low carbon transition', CCC chief advises business
BusinessGreen

No end in sight for South African power cuts
Alexander Winning, Reuters

Comment: The Green New Deal: Finally climate policy informed by science
William J Ripple, Dominick A DellaSala and Franz Baumann, Climate Home News

Coral reefugees: Certain corals could 'outrun' climate change
Lucas Joel, Scientific American

Lords revolt avoided over RHI cuts after Government hint at assistance
to boiler owners
Nick Lester and Trevor Mason, Press Association via Belfast Telegraph

Comment: Here's why Australia needs to keep subsidising renewables
Richard Denniss, The Guardian

Australia: WA's rejection of carbon neutral guidelines leaves LNG
emissions booming
Adam Morton, The Guardian

Researchers unveil radical new method to create hydrogen fuel using
just seawater and electricity
James Pero, MailOnline

Oregon House approves 10-year fracking ban
Zack Budryk, The Hill

An energy company coalition and a powerful lobbying association ally
on carbon capture
Ben Geman, Axios

Why you'll never meet a white supremacist who cares about climate change
Rebecca Solnit, The Guardian

Major pipeline delays leave Canada's tar sands struggling
Nicholas Kusnets, InsideClimate News

Oil prices hit 2019 highs on OPEC cuts and US sanctions
Dmitry Zhdannikov, Reuters
AlleyCat
2019-03-21 02:13:45 UTC
Permalink
Post by M***@kymhorsell.com
Vitol warns oil demand to peak within 15 years
Yeah, these articles may be, like, 2 years old, dude(1), but they are
still relevant.

(1)


"Peak Oil" Debunked, Again

https://www.wsj.com/articles/peak-oil-debunked-again-1417739810

=====

What Ever Happened to "Peak Oil"?

https://www.forbes.com/sites/michaellynch/2018/06/29/what-ever-happened-
to-peak-oil/#71221860731a

=====

It's Been A Tough Week For Peak Oil Theorists

https://www.forbes.com/sites/davidblackmon/2017/09/27/its-been-a-tough-
week-for-peak-oil-theorists/#1f3350f65e05

=====

MIT Technology Review

Peak Oil Debunked

https://www.technologyreview.com/s/425509/peak-oil-debunked/
--
Australia Weather Bureau Caught Tampering With Climate Numbers

https://dailycaller.com/2017/07/31/australia-weather-bureau-caught-
tampering-with-climate-numbers/

https://canadafreepress.com/article/australia-weather-bureau-caught-
tampering-with-climate-numbers

https://climatism.blog/2017/08/03/australia-weather-bureau-caught-
tampering-with-climate-numbers/

https://www.visajourney.com/forums/topic/643053-australia-weather-bureau-
caught-tampering-with-climate-numbers/
Bret Cahill
2019-03-21 06:15:35 UTC
Permalink
Post by M***@kymhorsell.com
Vitol warns oil demand to peak within 15 years
The tar gooper's propaganda horizon is also about 15 years.

Being outed as being disreputable isn't an issue for that time frame.
Post by M***@kymhorsell.com
Vitol, the world's biggest independent energy trader, has said it
expects oil demand to peak within 15 years, reports the Financial
Times, "joining a chorus of warnings that the industry needed to
prepare for a shift towards cleaner fuels". Chief executive Russell
Hardy said yesterday that while the world was not ready to move to
renewable energy without denting economic growth, there was a clear
inflection point ahead, the FT reports: "We anticipate that oil demand
will continue to grow for the next 15 years, even with a marked
increase in the sales of electric vehicles#But that demand growth will
begin to be impacted thereafter." Meanwhile, the Daily Telegraph
reports that UK's North Sea oil industry needs £200bn of investment to
survive for another generation after the steady decline in spending
fell to its lowest in 15 years.
-- David Sheppard and Neil Hume, Financial Times
--
08 Apr 2019 2019Q1 $bn disasters NOAA
[Things that make you go hmmm:]
No, coal doesn't alleviate poverty and can't deliver electricity access to
the poor: Some 1.1 bn people around the world still lack access to
electricity after more than 100 years of coal-fired power
(Image: "Coal Pile" by Liu Bolin)
buff.ly/2VZNcv0 #climate #art pic.twitter.com/JCEWc5BFOI
Proposed #Florida legislation would make it a felony for school boards to
buy textbooks that contain, among other things, a discussion of #climate
Wyoming's coal plants are so unprofitable Republicans turned to a `socialist
Interactions of tropical cyclones with the Windward and Leeward Islands
Hurricanes affecting the Windward and Leeward Islands in the
southeastern Caribbean have intensified over the past 40 years,
research suggests. The researchers studied how tropical cyclones have
changed from 1979-2016 using the Atlantic Hurricane Database. The
research finds hurricanes have intensified "with respect to maximum
sustained wind speed and central pressure", the authors say.
-- International Journal of Climatology
Australia puts chance of El Niño in 2019 at 70%
Colin Packham, Reuters
Big oil's electric dream offers a double-edged sword
Andy Critchlow, The Daily Telegraph
<https://www.nytimes.com/2019/03/19/climate/colorado-river-water.html>
*Amid 19-Year Drought, States Sign Deal to Conserve Colorado River Water
John Schwartz, The New York Times
Arctic alpine plants in UK face climate extinction
Paul Simons, The Guardian
Car industry bodies slammed for 'disservice' to members over
anti-green lobbying
Michael Holder, BusinessGreen
Ship owners worry about clean fuel bill as ports ban 'scrubbers'
Jonathan Saul and Nina Chestney, Reuters
Climate change affecting productivity: study
Staff, The Hindu
'Embrace low carbon transition', CCC chief advises business
BusinessGreen
No end in sight for South African power cuts
Alexander Winning, Reuters
Comment: The Green New Deal: Finally climate policy informed by science
William J Ripple, Dominick A DellaSala and Franz Baumann, Climate Home News
Coral reefugees: Certain corals could 'outrun' climate change
Lucas Joel, Scientific American
Lords revolt avoided over RHI cuts after Government hint at assistance
to boiler owners
Nick Lester and Trevor Mason, Press Association via Belfast Telegraph
Comment: Here's why Australia needs to keep subsidising renewables
Richard Denniss, The Guardian
Australia: WA's rejection of carbon neutral guidelines leaves LNG
emissions booming
Adam Morton, The Guardian
Researchers unveil radical new method to create hydrogen fuel using
just seawater and electricity
James Pero, MailOnline
Oregon House approves 10-year fracking ban
Zack Budryk, The Hill
An energy company coalition and a powerful lobbying association ally
on carbon capture
Ben Geman, Axios
Why you'll never meet a white supremacist who cares about climate change
Rebecca Solnit, The Guardian
Major pipeline delays leave Canada's tar sands struggling
Nicholas Kusnets, InsideClimate News
Oil prices hit 2019 highs on OPEC cuts and US sanctions
Dmitry Zhdannikov, Reuters
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