energy
Categories under energy
- peak oil (39)
Oz & NZ govts suppress official peak oil warnings
Written By: - Date published: 12:40 pm, January 26th, 2012 - 43 comments
Dennis Tegg has a good piece on the release of a secret Australian government report that warns peak oil is upon us: The Daily Telegraph has revealed how the Australian government has attempted to suppress its own report on peak oil. The response from the New Zealand government had been equally secretive and obfuscating.
Adapting to peak oil
Written By: - Date published: 8:45 am, January 20th, 2012 - 160 comments
As peak oil slowly grinds down our economy – meeting any hint of growth with sky-high petrol prices and making $2 a litre the ‘new normal’, we are actually, gradually,starting to react. Not at a governmental level, where action is most urgently needed, but in the decisions made by ordinary Kiwis every day.
Texas of the South Seas?
Written By: - Date published: 10:57 am, January 17th, 2012 - 132 comments
Every few years, since the 70s, they’ve promised the great New Zealand oil boom is coming. It ain’t going to happen. If there is lots of oil, it’s deepsea and expensive. And they haven’t found it in 40 years of looking. We have a worse production-consumption ratio now then the 80s. Even if we somehow become a massive oil exporter, it’s not the economic panacea you might think.
In praise of David Cunliffe
Written By: - Date published: 11:25 am, December 5th, 2011 - 131 comments
I enjoyed Jenny’s piece the other day on David Shearer’s leadership abilities. His skill at taking the ball and running with it, and doing what he thinks is right. I want to similarly praise David Cunliffe for his leadership in economic thinking. God knows we need someone who gets the problems and the solutions. Cunliffe brings that understanding in droves.
Buying back the assets
Written By: - Date published: 9:26 am, December 5th, 2011 - 216 comments
David Cunliffe has said that, if he is Labour leader, he will look to buy back any assets National sells once he is PM. Under the existing Takeovers Code, that wouldn’t be too hard. But why not go a step further and make it clear to any potential investor that our energy sector won’t be their cash cow? A bit of regulatory reform would sink the assets’ share value.
NoRightTurn: National on energy
Written By: - Date published: 9:14 am, November 15th, 2011 - 9 comments
NoRightTurn reviews the joke that is National’s energy policy: “National has released its energy policy. The short version? “Drill it, mine it, sell it”. Yes, seriously. A bright, shiny future, funded by magic money put in the ground by Leprechauns. Which we haven’t discovered yet. Its like basing your household budget on winning the lottery.”
The innovation that we need
Written By: - Date published: 1:50 pm, September 19th, 2011 - 49 comments
We’re going to need a lot of innovation to survive the coming decades. Today’s innovation is a simple modification that at least doubles the energy output of a wind turbine. Brilliant.
Nats clueless on privatisation consequences
Written By: - Date published: 11:01 am, September 7th, 2011 - 17 comments
If electricity assets were part privatised, future governments couldn’t make the kind of reforms that National made earlier this year because of the need to consider private investors’ rights. Pretty simple, eh? Tell that to Hekia Parata. Bill English has his head in the sand on the effect of falling markets and can’t guarantee Kiwi ownership.
Denis Tegg: Officials muzzled on peak oil
Written By: - Date published: 9:41 am, September 5th, 2011 - 45 comments
Denis Tegg on National’s head in the sand Energy Strategy. All the official international warnings have been dismissed and the government has forced official to remove any reference to peak oil. The minister flatly refused to answer questions about the impact of peak oil on her fossil-fuel centred plan at the strategy launch.
NRT: Some “strategy”
Written By: - Date published: 10:31 am, August 31st, 2011 - 39 comments
National’s Energy Strategy has been roundly criticised. The promises of more renewables and energy efficiency are more ‘aspirational’ fluff with no plan to actually get there. And, worse, the heart of the strategy works against sustainability and environmental responsibility – it’s all about drilling up and burning more oil. I/S at NoRightTurn explains.
Seeds of hope
Written By: - Date published: 9:35 am, August 21st, 2011 - 20 comments
This is the kind of innovation and intelligence that we are going to need in abundance to survive the medium to long term future…
Govt hits peak denial
Written By: - Date published: 9:05 pm, July 21st, 2011 - 89 comments
Should we be more angry or scared? Just read the first official government presentation on peak oil. The IEA says conventional oil peaked in 2006 but our government offers only crude denialism and, paradoxically, blithe assurances that they’re ready. This is the kind of crap we used to see before we had 2 oil shocks in the past 4 years.
A real plan to save the world does exist
Written By: - Date published: 10:17 am, July 12th, 2011 - 112 comments
A feasible plan to power 100 percent of the planet with complete renewables exists. This plan excludes Nuclear and Biofuels, which the Scientific American authors of this plan also considered to be ultimately unsustainable technologies as well. Instead this plan revolves around Wind, Water and Solar – WWS
Frack off
Written By: - Date published: 8:19 am, July 3rd, 2011 - 41 comments
Bravo France, the first country in the world to ban fracking. But for every step forward in this world, we seem to take two steps backwards…
Inflation credit and blame
Written By: - Date published: 12:50 pm, April 18th, 2011 - 11 comments
Back in October last year the Nats, in a sea of bad news on the economy, latched on to the low inflation rate as something that they could claim “credit” for. No doubt they will now be just as ready to accept blame for the worst inflation rate in 20 years. Almost half of this figure is driven by the Nats’ GST increase…
Stop deep sea oil
Written By: - Date published: 7:15 am, April 12th, 2011 - 138 comments
Protest action by Greenpeace has disrupted prospecting activities in the Raukumara Basin by Brazilian petrochemical giant Petrobras. John Key has come out swinging for Big Business, and wants to send in the navy to sort out the protesters. But Greenpeace has it right. We shouldn’t be drilling for oil…
Oil spike takes off
Written By: - Date published: 11:50 am, April 11th, 2011 - 36 comments
Get ready for another petrol increase this week. Last week, the Dubai crude benchmark, which most of New Zealand’s imports are priced of, shot up over 4% in NZD terms. Unless that rise reverses right away, petrol will have to rise past $2.25 a litre. We’re now pay $160m a week for oil imports – $2b a year more than a year ago.
Even the IMF is starting to get peak oil
Written By: - Date published: 7:58 am, April 10th, 2011 - 40 comments
Peak oil. We’ve long had warnings from scientists and greens. Right wing governments never listen to those. But recently we’ve also had warnings from organisations that you might think that any government would pay attention to. The IMF is the latest to sound the alarm.
A goal is not a strategy
Written By: - Date published: 11:36 pm, April 4th, 2011 - 26 comments
Last year, the New Zealand Institute lambasted the Nats’ ‘aspiration’ to catch Australia by 2025 with a report entitled ‘A goal is not a strategy‘. Did the Nats change? Of course not. Yesterday, their energy strategy was released. It offers some goals but is mute on how to get there. It’s not really a strategy at all, but it serves the Nats’ purpose nonetheless.
A dirty deal requires dirty lies
Written By: - Date published: 11:00 am, March 31st, 2011 - 10 comments
You know your opponent’s stand is dishonourable when they resort to spreading lies and promoting falsehoods about your position. The government’s Acting Energy and Resources Minister, Hekia Parata, has been caught out lying and spreading slurs that misrepresented her opponents’ position on deep sea oil drilling.
Fukushima radiation skyrockets
Written By: - Date published: 11:16 pm, March 27th, 2011 - 46 comments
Normally, we get 3.65 millisieverts of radiation a year. Increased cancer risk is associated with 100 millisieverts per year. Nuclear workers are only meant to get 100 millisieverts even in an emergency with protective clothing. Today, water in No 2 reactor was detected emitting 1 sievert per hour – and they’re not sure of the source.
Germany abandons nuclear power
Written By: - Date published: 7:22 am, March 25th, 2011 - 31 comments
The world will gradually be forced to abandon fossil fuels. Fukushima (and Chernobyl, and Three Mile Island) show us that we can’t trust nuclear power. It has to be green, renewable energy sources. Can’t be done? Germany thinks it can.
$1.80 petrol = recession
Written By: - Date published: 8:42 am, March 14th, 2011 - 53 comments
The other day I was arguing $100 a barrel oil equals a global recession. I wanted be more precise: is there a certain price of petrol, above which the economy goes into recession? There is, and we’re way above it. The political upshot: the best way to promote growth is decreasing our oil dependence.
Meltdown
Written By: - Date published: 12:13 am, March 13th, 2011 - 186 comments
The Sendai Earthquake cut the power supply to the pumps at Fukushima Daiichi nuclear plant. With no cooling water being pumped through the reactors, the nuclear fuel rods heated themselves until reactor 1 melted. But it should have been OK. The containment building should have kept the radiation from escaping. Then an explosion blew the containment building apart.
$100 oil spells recession
Written By: - Date published: 1:10 pm, March 11th, 2011 - 19 comments
As we wait to see what Saudi Arabia’s ‘Day of Rage’ will bring and if it will send oil prices into the stratosphere, some economists, including our Reserve Bank Governor, are trying to pretend we’re not in the midst of an oil shock and there is no threat to the economy. They’re dead wrong.
Day of rage
Written By: - Date published: 9:04 am, March 7th, 2011 - 24 comments
You know things are bad when the AA is saying that high petrol prices are here to stay and there needs to be more investment in public transport. Global supply and demand is so tight that tiny disruptions are causing massive spikes. What if Saudi Arabia erupts?
Seismic events in Christchurch, food & fuel
Written By: - Date published: 10:37 am, February 28th, 2011 - 20 comments
Concurrently Christchurch’s second big quake, the effects of two other shocks are beginning to ripple through our country. Food prices are putting basics out of reach and this week will see another big petrol price hike. All three of these shocks will require us to pool our resources and redirect them to rebuilding resiliently.
The Domino recessions
Written By: - Date published: 11:21 am, February 25th, 2011 - 67 comments
I read a book a while back that was set in the near future after what it called the ‘Domino recessions’ – successive oil shocks had created a series of economic and political crises, each one before the world had recovered from the previous recession. As the second oil shock in three years hits, that scenario looks to be coming to true.
Welcome to the new normal
Written By: - Date published: 11:43 pm, February 14th, 2011 - 53 comments
Look at the international media these days and what do we see? Oil prices rising due to peak oil. Extreme weather events due to climate change. Rising food prices due to peak oil increasing production costs, climate change destroying crops and resource depletion. And, in the most exposed countries, governments falling in revolution.
The big factor for election 2011 – petrol prices
Written By: - Date published: 5:50 pm, January 3rd, 2011 - 67 comments
I’ve been traveling around for Christmas/New Year’s. It hadn’t hit me until I drove about 1000kms around NZ just how much more expensive petrol has become. The extra cost is a shock when you fill up and it hurts the economy. I got wondering what the political impact is. The numbers suggest it matters a lot.
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- Newsroom daily quiz, Friday 15 November
Loading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A,DIV,A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp');Got a good quiz question? Send Newsroom your questions. .wp-block-newspack-blocks-homepage-articles article .entry-title { font-size: 1.2em; } .wp-block-newspack-blocks-homepage-articles .entry-meta { display: flex; flex-wrap: wrap; align-items: center; margin-top: 0.5em; } .wp-block-newspack-blocks-homepage-articles article .entry-meta { font-size: 0.8em; } .wp-block-newspack-blocks-homepage-articles article .avatar { height: 25px; width: ...1 week ago
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- Newsroom daily quiz, Thursday 14 November
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