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What Do You Think About The Climate Change Email’s?

Personally, I think that energy consumption is on the decline long term, and already we have seen a break from the predictions of the IPCC’s v4 report from 2007.  My friend Spiralman comments in a recent email exchange…

To the right, Here is the IPCC AYR4 scenario diagram. The most optimistic scenario, B1, has CO2 emissions growing and not declining below 2005 levels until ~2060. Global oil consumption, just one proxy for emissions admittedly, is already down from almost 88mbd down to 84+mbd, and the crisis has been blunted so far with massive government interventions of stimulus and more debt issuance, which is not financially sustainable, and will lead to major bankruptcies and currency collapses, mass unemployment, and quite likely to world war and civil wars.  So we will see energy consumption continue to shrink through this decade.

Demand for oil in the OECD will not recover until 2013, says Opec
http://www.independent.co.uk/news/business/news/demand-for-oil-in-the-oecd-will-not-recover-until-2013-says-opec-1738086.html

Aside from the world wars and civil wars generating a huge amount of carbon emissions in the form of soot from explosions and fires, and aerosols from incinerations of cities, the future industrial emissions are very likely to be considerably lower than even today.  I expect that as the capitalist overproduction crisis progresses over the next several years, industrial activity will shrink by 25% to 50% from peak activity.

Meanwhile solar (and wind) power will continue to cheapen along its exponential learning curve, making it ever more desirable and capable of fulfilling any need for growth of energy generation capacity, especially that which will enable the belligerents in the wars to be energy independent of international disruptions to fuel supply chains.

The same will occur with natural gas, now that the shale gas makes natural gas a local resource for US, Europe, China and India. And since natural gas can not only replace coal, but also be cheaply converted into gasoline, diesel and kerosene, we will see oil and coal consumption replaced by the lower emission natural gas.

And of course, there will be the huge milestone of affordable LED’s combined with the bans on incandescent bulbs taking effect starting from 2012-2014 which will lead to the rapid replacement with LEDs and the equally huge shrinkage of electricity consumption from lighting (and the extra energy consumption for the air conditioning necessary to deal with the waste heat from inefficient fluorescents in office buildings).  So sometime over 2013-2020 there will be the evaporation of ~20% of demand for OECD electricity.

This pattern of Spike, Crash, Streamline, and Replace is the identical dynamic to which occurred from 1930-1945, 1860-1878 and from 1789-1812. Like clockwork the world experiences generational financial and genocidal crisis eras every 65-80 years. I have tracked this cycle back to the 1420’s for Western Europe, India, China and Japan, and I suspect that if I researched it further the pattern continues even deeper into time”

Is the climate change industry perfect, should we trust the general “scientific” consensus and base our assumptions and economic policy on them?

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Life Of Obama

Click on Image for Full Cartoon


By cartoonist & writer - Geoff Olson

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Cure For Honey Bee Colony Collapse?

http://www.sciencedaily.com/releases/2009/04/090414084627.htm


For the first time, scientists have isolated the parasite Nosema ceranae (Microsporidia) from professional apiaries suffering from honey bee colony depopulation syndrome. They then went on to treat the infection with complete success.

In a study published in the new journal from the Society for Applied Microbiology: Environmental Microbiology Reports, scientists from Spain analysed two apiaries and found evidence of honey bee colony depopulation syndrome (also known as colony collapse disorder in the USA). They found no evidence of any other cause of the disease (such as the Varroa destructor, IAPV or pesticides), other than infection with Nosema ceranae. The researchers then treated the infected surviving under-populated colonies with the antibiotic drug, flumagillin and demonstrated complete recovery of all infected colonies.

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#1 Worst Idea Ever For Fighting Climate Change: Blocking the Sun

http://www.breitbart.com/article.php?id=D97ECHLG1&show_article=1

This idea would directly hurt the ability to utilize solar power, grow food, etc. Very reminiscent of Londoners killing their cats to protect themselves from Bubonic Plague in 1666. Smart enough to realize it was caused by animals, but too stupid [uninformed] to realize that killing their cats, enabled the rats to multiply ” — Spiralman

This reminds me of the first part of Who Shot Mr. Burns,  where Mr Burns developed a sun-blocking machine which prevented sunlight from reaching Springfield. With the town immersed in darkness, Mr. Burns’ Power Plant made even more money. - http://thesimpsons.com/recaps/season6/#episode25

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Could Renewables Supply 40 Percent of Global Power by 2050?

By SpiralMan

http://greeninc.blogs.nytimes.com/2009/03/11/could-renewables-supply-40-percent-of-global-power-by-2050/


The fact that this question is even being asked shows both how powerful the propaganda against solar and wind has been, but also how the reality of its unstoppable march toward cost lowering is breaking down the resistance.

And no force, neither Big Oil nor any government has been more of a problem for the advancement of solar and wind then alleged environmental campaigners who consistently understate the potential of solar.

The fact that every last one of the IPCC reports on Climate Change consistently broadcast CO2 emission scenarios that assume that there is minimal contribution from renewable energy is a testament to this campaign.

Every one of the alarmist articles about impending ecological catastrophe has accepted these IPCC assumptions of Little Solar

I have seen the same thing with Greenpeace’s annual collaborative report with the European Photoelectric Industrial Association where every year for almost 10 years they have failed to make an accurate prediction about how much solar would be installed in the years to come.  For a while, no matter if they increased the predicted rate of installation, reality beat their estimates by an ever larger margin.

I call this overall dynamic whereby alleged environmentalists talk of the need for solar and wind and urgent change, yet they almost always add in the claim that “renewables will likely only make a small contribution,” Damning Solar With Faint Praise.

I could easily insinuate ulterior motives, but I won’t waste my breath right now.

Instead I will just flatly state the following:

  1. Solar’s price drops at least Three-fold every decade, and has been doing so since 1970, ie. For 40 years!
  2. This year solar power reached parity with grid-delivered retail electricity to residential and commercial users if produced on large-scales, ie not just on your family’s roof, where it costs twice as much.
  3. By or before 2020, Solar will be as cheap as or cheaper than Coal, Oil, Nuclear, or natural Gas (King CONG), even at point of production utility grade wholesale electricity
  4. Solar’s worldwide growth rate of installation last year was 92%; it has consistently exceeded a 45% annual growth rate for a decade
  5. At that growth rate, and with the continuing plummeting of the price of solar panels, Solar power will produce < 400% of today’s Global Power by 2050


First Solar Has Produced 1,000 MW of Solar Panels
http://www.redherring.com/Home/25943

……
The company began commercial production in early 2002. It took six years to produce the first 500 MW and eight months to produce the second.
[How many weeks to produce the third?]
……

[1,000 MW = 1 Gigawatt = baseload electricity for 1,000,000 households or full load for 200,000 heavy usage North American households.
This company a few weeks ago announced that it hit production costs of ~ <$1/Watt of panel, ie. 10c/kWh.]

Even Thin Solar Can’t Weather Silicon Glut
http://seekingalpha.com/article/128375-even-thin-solar-can-t-weather-silicon-glut-barron-s

[First Solar is one of the many Thin Film solar companies that have arisen (eg Nanosolar) or retooled (eg Sharp Electronics) in response to a shortage of Silicon wafers.
For decades, solar panels were made from excess crystalline silicon from the computer chip industry.
Starting in 2001 or so, the demand for solar had grown large enough that the leftovers from the computer industry weren’t sufficient, so prices escalated for crystalline silicon.

Silicon is the second most abundant element of the crust of the Earth (exceeded only by Oxygen).  
1/4 of the Earth’s crust is Silicon.  
When you are looking at sand dunes, you are looking at Silicon.  So there is absolutely no shortage of Silicon.
But until just recently, there was a shortage of the processed Silicon necessary to make panels.

No longer!


The higher prices of crystalline silicon stimulated a lot of investment in new fabrication facilities, which are just coming on line this year.  Already there is a glut of Silicon.

The glut is far worse than most anyone expected, driving silicon prices from $450/kilo one year ago to about $100.

First Solar
panels convert 11% of the sun’s energy to electricity, vs. 20% for comparable non-thin panels [ie Silicon]. But the firm admits that its competitive advantage evaporates the closer silicon feedstock drops toward $50/kilo.

So, we can now see that there is a serious dogfight between these two different technologies, and will drive the retail price of solar panels much lower, closer and closer to the price of production, which we now know via First Solar’s announcement, and by inference that they are facing serious competition via the lowering of the price of silicon, is $1/W.

In the end, Silicon will win.

It is everywhere.

It’s made from sand.

Sand is in deserts.

Deserts are baked in intense, predictable, cloudless sunshine.

Deserts are perfect locations for solar-powered, Silicon fabrication plants to make solar panels which will be located in these same deserts.

Making panels takes very little labor, but it does require some energy.  Solar panels capture 20-30 times as much energy as it takes to make them right now, but energy capture efficiencies are growing while energy to produce them is dropping all the time.  (Thinner silicon wafers and concentrated solar using mirrors and lenses focused on smaller wafer squares, means even less silicon is used.)

Since the solar energy which powers these factories will effectively tend towards a cost of $0, solar panels will ultimately cost only a little bit more than the sand that they are made of.

Cost per 1W of solar panels
1970    $100.00
1980      $28.50
1990        $8.50
2000        $3.00
2010        $1.00  (equivalent to CONG retail electricity)

2020        $0.30  (cheaper than CONG wholesale electricity; these version 2.0 technologies are already visible)
2030        $0.10
2040        $0.03
2050        $0.01

Looking at that price cheapening trajectory, it is quite obvious that solar power replaces every other energy source on the planet, and enables every single human on the planet by 2050 (10B – 12B) to be affordably energized to the same level as today’s Americans.

400% of Today’s Global Power will come from Solar by 2050

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Has Russia got it’s groove back?

Rising oil prices, soaring shares - and socialites out in force. Adrian Blomfield in Moscow studies the signs of recovery


http://www.telegraph.co.uk/news/5024779/Has-Russia-got-its-groove-back.html


Analysis by Spiralman


Russia still has a lot further to fall, but it may end up somewhat better off than its European neighbors who have loads of net debt.  (Russian companies have lots of debt, but the Russian government surplus is even bigger and slightly more than cancels it out; so the Russian government will probably take back the companies that were privatized during the Yeltsin era.

However……
1)  if world economic activity slows as much as I anticipate – somewhere between –25% and –50% compared to peak activity – then oil and gas consumption will fall significantly as well.
2)  since almost every G20 country is aggressively pursuing anti-hydrocarbon policies, it seems very likely that oil/gas consumption per unit of GDP will fall by at last 30% (as it did during the late 70’s-early 80’s oil spike/crash), meaning that any recovery will use disproportionately less oil per % of growth.
3) since solar best practice technology is already as cheap as King CONG, and will be on average as as cheap KONG by 2012, and
4) since batteries for large scale energy storage will be online by then
5) since high voltage direct current (HVDC) electric grids are being rolled out
6) since hybrid vehicles are dramatically improving and reducing their prices
7) since even non-hybrid cars, like Tata’s $2,000 Nano, are radically more energy efficient

Any global economic recovery will be starting from a much reduced global oil consumption base similar to the 1970’s (ie ~50% lower than the peak of oil consumption in Summer 2008) and primarily be based on a new energy infrastructure…….

Countries dependent upon their energy exports for their economies are likely to be in a world of pain.

Basically, all these “energy independence” moves (cloaked in Green terms regarding the environment to get leftie buy-in) amounts to an Economic World War waged by energy importing countries against energy exporting countries.

It does not take a super genius to recognize that this Hydrocarbon Import Boycott, ahem Energy Independence, Fighting Climate Change, is likely to result in very real wars in response.

When oil was very cheap in the 1990’s, the US saw Al Qaeda’s major upsurge in terrorism

  • 1993 WTC Part 1; 1998 Bombings of US embassies in East African; 2000 USS Cole; 2001 WTC Part 2 


When oil became expensive, the terror attacks subsided.

Not really a surprise.  When folks have enough money to go around, people are less pissed off.

Reality seems to contradict of the fantasies of both the neocons and liberals like Thomas Friedman who think that strangling MidEast oil production through ‘energy independence’ will result in less conflict and modernization/reform.

If anything the high oil prices since 911 enabled the meteroic rise of Dubai and major expansion of secondary and college education of women in Saudi Arabia and the rest of the GCC.  In fact, Saudi Arabia’s budget swelled dramatically as a result of their educational reforms, and now they will face challenges will lower oil prices.

Moscow’s rhetoric has become much more bellicose since US-client Georgia provoked them, Bush II announced the missile shield on their border, and then oil prices started to fall.

The Middle Eastern countries are very well positioned, possibly the best positioned in the world with their enormous cloudless deserts and proximity to Europe, Africa and Asia, to transition to being the Saudi Arabia of a Eurasian Solar Economy.

Russia is not.

Decades of humiliation and suffering after the collapse of the USSR and the failure of Bush I, Clinton I, Bush II, and Obama to facilitate renovation investment of the Russian economy, the continuing attempts at geopolitical encirclement through expanding NATO to the Russian borders, the missile shield, and now the Energy Boycott, could easily drive them to launch desperate, rapid surprise attacks to regain their regional sphere of influence, and reactivate support throughout the Global South.

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Climate Change Discussion on FB

For those of you not connected to every where maybememe.com content appears, I want to highlight a discussion on FB, between a commentator and myself regarding my post - “Why Global Warming Doesn’t Matter Anymore

The first comment to follow was a result of the headline being picked up in my FB status via MaybeMeme.com linking to twitter, and then my FB status.

FB Commentator:

Is that a joke or just delusion?

The following ensued late last night/early morning…

Bryan Berndt comments:

I could have it wrong… and since you seem to think I do, could you please inform me as to how, so that I may upgrade ideas & improve?

Or maybe you haven’t read any of it yet and made the ad hominem attack unconsciously? Habitual responses occur far to often and people fail to adapt to changing circumstances (ie falling demand for energy, peak credit, export demand drops, etc being left out of climate change models completly!

We usually call people like that “conservative” - as they do not want “established” beliefs to be challenged.

Robert Anton Wilson noted long ago that… “it takes only as little as 20 years for a liberal to become a conservative without changing a single idea”

Balls in your court sport.


Commentator on Facebook:

Well then…

Let’s begin with the term “global warming.” The issue at hand is climate change—and I don’t make that point merely to split hairs. The effects of pumping CO2, among other toxins, into our atmosphere and environment won’t merely result in the mere warming that your term would suggest. As such, if I were you, and trying dismiss a given scientific phenomenon I would seek to tackle the issue at hand, and not merely attempt to refute a political buzzword.

What your cursory examination has done is cherry pick a handful of news articles on recent developments and claimed that, from this moment, from this particular vantage point, you have the ability to dismiss essentially two decades, if not more, worth of scientific and social data. You have literally taken individual monthly figures, all more or less a result of the recent credit crunch, and claimed that this statistical anomaly essentially is indicative of a trend. Preposterous to say the least.

Furthermore, you make a series of entirely unsupported claims—the supposed “collapsing energy consumption.” I’ve yet to hear a single major of any sort conclude that our future will one of less energy consumption. But, hey, by all means, I may have missed something.

You then use the Great Depression and the Oil Crisis as evidence of the fact that crises result in a reduction of consumption—somehow failing to mention that the global capitalist economy recovered from both and began to pump more CO2 and create more waste than ever before! That’s hardly the rock solid point you make it out to be, my friend. In fact, it’s ridiculously one sided. Now, unless you have some really convincing evidence that the current credit crisis is the end of capitalism as we know it, and that in a few years time consumption and waste production won’t return to previous levels, if not worse, I’m really not sure why anyone would even take this point remotely seriously.

Lastly, your entire thesis seems to operate under the assumption that the financial crisis, resulting in massive layoffs, will likewise spell the end of rampant consumption. What you fail to address is, as I mentioned above, the likely rebound of the economy and, moreover, the general belief in the population that their previous’ lifestyles were something to be desired. That is to say, even if the crisis results in a drop in carbon production, the political climate will be such that people will want to return to the previous scenario—because, hey, who cares about tomorrow, I need a job today!

Your citing of the opinion poll is quite indicative of this problem, actually. It is, unfortunately, also indicative of the fact that you seem to believe that opinion polls = objective reality. Need I really cite the polls relating to Americans’ perceptions of 9/11 and Iraq to make my case here?

If you’re going to call “BS” on essentially the entirety of the scientific establishment, you’re going to need to do a bit better than a round up of yesterday’s GoogleNews hits…sport.

Bryan Berndt Comments:

I agree, climate change = a more apt description. As a general term, it could describe hot or cold and anything in-between and still make the news. The term “climate change” indicates more accurately the limits of humanities understanding of such complex systems.

For instance - Over 300m yrs ago, when carbon levels were supposed to be their highest, the super-continent known as Pangea shows evidence of glaciers along it’s equatorial line, not exactly what the original model indicated.
http://dsc.discovery.com/news/2008/07/28/pangea-climate-geology.html


I am glad you brought up the warming label, as I said, it no longer has relevance.

Further, I am not attempting to throw the baby out with the bathwater, merely to evolve ideas.

Yes, the economy will probably “recover”, though we haven’t hit bottom yet. When things do begin to recover, the average price of solar power will be cost competitive/cheaper than coal. The lowest price of solar is already beating coal in cost.

See: http://www.maybememe.com/post/43591629/solar-now-cheaper-than-coal

Your post @ 12:59am where you state that the effects of peak credit on energy consumption not being a trend = flat out wrong. You don’t mean to say that the economy will “recover” anytime soon do you?

I didn’t add the opinion poll, SpiralMan added it as a quick anecdote, or point of interest. Of course, most people believing something doesn’t automatically make it true. For instance, just because most scientists agree on something, doesn’t mean their models have no flaws or gaps. For instance the flaw of leaving out the trend in the economy, and solar power.

Finally, I use google reader, and aggregate over 100 different feeds from many diverse sources and scientific publications, not to be confused with google news :)

Others can read the post and discover the info on solar you neglected to tack onto your — the “recovery” will be to old norms argument.

FB Commentator Rejoins:


Yes, they are complex systems but I’m not exactly sure what that fact has to do with our discussion. I take it we both agree that man-made climate change is real, and it poses a significant risk to our continued existence on this Earth? New data is going to emerge, some old predictions may in time come to be revised—that is taking place as we speak. However, your original post wasn’t really about that—you claim not to be throwing out the baby with the bathwater, but I’m pretty sure proclaiming that “global warming doesn’t matter anymore” is precisely that. Go back to bed folks, problem solved!

As for the claim that solar energy will come to replace coal power—perhaps, one can certainly hope. But according to the figures I’ve seen, solar power accounts for about 1% of the current energy supply of the US. And renewable energy, as a whole, contributes less than 10% by most counts. But even if renewable energy comes, at a later date, to replace our current energy sources we still have the problem of 1) the damage that will have been done until then, which may very well be permanent and 2) the toxins being released into the atmosphere through the production process. That is to say, even if solar power is providing the energy for our factories, that isn’t much of a victory if we’re still pumping mercury into the soil and the water, and God knows what else into the air. The idea that CO2 is the only issue at hand is simply a fallacy.

As for the question of “recovery”—yes, I do think it’s far more likely that we will return to previous production outputs, as we have seen happen every previous times, than it is likely that this current crisis will be both the death knell of capitalism and of climate change and environmental damage as we know it.

Likewise, the word you are struggling with in regards to the Oil Crisis and the Great Depression is not “trend”, which would imply long-term, consistent correlation. What we are dealing with is two periods, moments really, both which were followed by massive rise in both industrial output and waste production.

What I understand you suggestion to be is that if we sit back, capitalism, presumably by virtue of its own internal contradictions, will through its own collapse solve the problem of climate change and environmental destruction that it has largely sown. Unfortunately, for you, me, and a slew of other would be radicals throughout history—many a good soul has died waiting for the impending and “natural” death of capitalism.

The reality is change is made through social action and mobilization—I see none of that in anything you are prescribing. In fact, all I’m seeing is that through a combination of orthodox Marxist doom-saying about the future of capitalism and liberal-capitalist entrepreneurial grit, we’re going see all our problems solved. You, in the same breath, essentially imply the end of capitalism, and then point to data that suggests that even if, say, coal may, at some later date, be phased out, new forms of energy will replaced said coal. You don’t think maybe that the boom you’re envisioning in solar energy may in some way tie into the recovery of the global capitalist economy?

The commentator also posted these two charts to look at.


http://www.energymasters.com/wp-content/blog_images/energy_pie_chart.gif

http://1.bp.blogspot.com/_qyVxlnMXAT8/R_bd1pReMRI/AAAAAAAAAmc/HwW1dQ6iSlQ/s1600-h/pecss_diagram.jpg

Bryan Berndt Comments:

Where did I state the end of “capitalism”?


Yes, the boom in solar/renewable, oled lighting, vertical growing etc will tie into the recovery of state-capitalist economies, and from there provide everyone with the same/more electricity than you currently use to research your graphs and charts. If others too can begin to advance their knowledge and aquire the technology and resources that you and I have, then yes maybe they might be able to stay up until 2am debating and enhance their ability to express themselves individually and collectively.

Those graphs by the way frame things linearally. Solar/ renewables = exponential in growth.

http://maybememe.newsvine.com/_news/2008/09/29/1929165-eat-the-light-the-fourth-age-of-solar-commences-


I’m not throwing the baby out with the bathwater, because climate change appears to be happening, and have happened in the past, however we can not be guaranteed the source.

I guess the title could have more aptly read:

“We need not worry about investing in time & effort in trying to reduce “green house gasses” because pangea has glacial evidence on the equatorial line and carbon levels were at there highest since today - Maybe c02 caused by humans isn’t a contributing factor to climate change and if it is who cares because c02 levels trend for major reduction. Solar power will be here when it’s over so we really only need worry about the possibility of something else silently creeping upon our climate from behind the scenes and spotlight.”


I was lazy, I admit - I spent only 1 min on a headline when I could have spent 5 or 10, or maybe just titled it “climate model plot holes” or “deflating cO2”.

You want global warming to be real, because it confirms your absolute bias against capitalism. I can see the benefits and detriments of many different economic models when I view them in the context from which they arose: parecon(anarcho-communism), state-capitalism, libertarian style anarcho-capitalism, Marxism etc.

Because I acknowledge the good and the bad in each value set/economy, I am more free of bias against acknowledging flaws in the climate model and doom saying about pollution from solar panels(the alternative being global energy wars and conflicts, malnourishment/starvation, essentially all of the things climate change enthusiasts are afraid of, will happen anyway if it were not for solar power, recent advancements in energy storage, super efficient oled lights, etc.

The credible and proven strategies to the major global problems are being shadowed by climate change fear and hysteria. Fear can slow down action, and cripple the mind from solutions to our problems.

Electrifying the Global South with solar, wind, wave, geothermal, and shit gas is the single most important thing that environmentalists should be focusing on

Adding a wind power plant in North America or EU to retire even their relatively clean coal plant contributes a lot less to global social or environmental improvement compared to ending the burning of Southern forests and cow dung.

And even if the choice is between retiring a dirty coal plant in NorAm or EU vs adding electricity to China or India via any means, the best choice is to add gigawatts to the South, and conserve power in the North.

If you are truly concerned about the people of the Global South being impacted from global warming far in the future, then you might care even more about the current misery from the lack of electricity right now.


And let’s be very clear:

Electricity = clean water
Electricity = refrigerated medicine
Electricity = food security through refrigerated warehouses and food processing
Electricity = Irrigation = better crop yields = higher incomes and less malnutrition
Electricity = sanitation = dignity & less infectious disease
Electricity = industrial jobs = income = dignity
Electricity = ending deforestation = stopping soil erosion and flooding
Electricity = lighting = night time studying = Education
Electricity = internet access and telephones = communication = community = knowledge = safety and security


There is nothing more important socially or environmentally than adding electrical capacity to the Global South.

And Renewable Power is Independent Power.
independent of geopolitical/military calculation, independent of the necessity to earn USDs, Pounds, Euros, or Yen, through growing luxury cash crops for the rich instead of food for the poor.


Capitalism will not do this alone, we will need social action to make it happen. We need a global minimum wage to increase global demand, globalization of the banking systems, and end to nationalist protection measures such as farm subsidies for rich countries against poor countries, etc etc.

I can’t spell everything out in one post, nor do I have all of the answers, though I am accumulating more of them all the time!

Technology has had 14b yrs+ of non yielding exponential efficiency gains, and we are just starting to pick up speed. If coal appears dominant, your missing the hidden variable - accelerating returns.
http://www.kurzweilai.net/articles/art0134.html?printable=1

http://www.maybememe.com/post/85802744/liquid-battery-breakthrough-for-large-scale-storage-of

Conclusion & Data Addendumn by SpiralMan

It is hard for people to shift philosophical/world view gears on a 6 month basis.
And since so many people took the Peak Credit dynamics as Truth for almost 30 years, they are having a very difficult time processing the implications of its sharp reversal.  They are in effect having trouble accepting that it was Peak Credit that was aberrant, and that the Depression will be a Reversion to the Mean Dynamic that overshoots/overcompensates for the prior period of asset inflation, and that the major lasting impact of Peak Credit and Peak Oil Demand was that it provided a final goose to renewable energy investment which put its price points over the top, beating out CONG, so that the next wave of economic expansion will be base on solar and wind.

I know I have shocked many people with this forecast; of course, I started making the CONG demand collapse forecast back in 2004 as a corollary of my overall financial collapse forecast, so I’ve had time to think about it longer, and I was ridiculed sharply for a long time.
Now that the data finally is backing up my forecast, I am intellectually vindicated and somewhat impatient that others aren’t connecting the dots, but I shouldn’t complain, since that’s my job.

I should also have provided data demonstrating that when the recovery from 70’s/80’s spike/crash came, it came with a dramatically reduce rate of energy consumption growth, both in absolute annual % demand growth and in % relative to GDP. Ie Energy units per GDP, or said differently, both the growth rate of energy consumption and ‘Energy Intensity of the world economy,’ were dramatically reduced.


It’s a nice time series to ponder on energy intensity on international scales, energy types & industrial sectors.


Interesting to see that developing countries are more energy intensive than rich countries and that households and transport have been improving, if at all, less rapidly than industry and agriculture.








Figure: Index of final energy intensity and energy intensity by sector, EU-25

Note:
Final energy intensities between sectors, and also the total final energy intensity, are not comparable, because the normalising variables are not the same. The indicator serves to highlight the evolution in energy intensity within each sector. The denominators for the total, household, transport, industry (excl. construction) and services (incl. agriculture) sector energy intensities are, respectively; GDP, population, GDP, Gross Value added in industry (excl. construction), and Gross Value Added in Services (incl. agriculture).



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