3E Intelligence

Archives for Peak oil

I was moderating a debate on road transport in Brussels this week and mentioned in my conclusions that future transport policies should take into consideration potential higher oil prices because of the oil demand/supply crunch to be expected in the future (see also the recent IEA report on which I wrote a blog post earlier… » read more

Posted by Willy De Backer

From the Oil Drum: “On Tuesday 26th June 2007, Tony Blair’s last full day as Prime Minister, the All Party Parliamentary Group on Peak Oil and Gas (APPGOPO) held its inaugural Annual General Meeting, ensuring that the issue of declining global oil supplies will feature much more prominently in Parliament in the Gordon Brown era.… » read more

Posted by Willy De Backer

Shell’s CEO Jeroen van de Veer has a remarkable editorial in The Times today, pointing to three “hard truths” about the future of energy. First of all, “global demand for energy is growing, but the reality of how fast hasn’t really sunk in”. Secondly, “the growth rate of supplies of “easy oil”, conventional oil and… » read more

Posted by Willy De Backer

The 4th ministerial-level meeting of the EU-OPEC energy dialogue took place on 21 June in Vienna. The European Commission issued a press release on the outcome of the meeting. The EU delegation tried to ease OPEC’s fears of the bloc’s biofuels policy. In March 2007, the EU Council set the member states a 10% minimum… » read more

Posted by Willy De Backer

I promised to come back to the Transatlantic session held in the EU’s Green Week. This session, organised by Brussels think-tank Friends of Europe, had two parts: one on a possible Transatlantic joint agenda to tackle climate change and one on the policies of biofuels. I only attended the first part which was all in… » read more

Posted by Willy De Backer

OPEC has warned the West that efforts to kick off from oil addiction by promoting biofuels would lead to oil prices “going through the roof”. Opec Secretary General Abdalla El Badri also threatened that the oil producing countries might cut their investments in new oil production as a result of these alternative fuels policies. I… » read more

Posted by Willy De Backer

Could NATO send rapid-reaction armed forces into developing countries to protect Western oil and gas interests? This has to be some idiot claim made by some radical leftist conspiracy-believers, no? Well, not really. In reality it was NATO’s own Jamie Shea, who made the announcement during a conference in London last week (see Foreign Policy:… » read more

Posted by Willy De Backer

As scientists are witnessing signs of accelerating climate change (see BBC News “Arctic melt faster than forecast“), it becomes more and more questionable whether our political and economic elites will be structurally able to deal with this challenge. Even if some of them are now able to think in terms of the “inconvenient truth”, there… » read more

Posted by Willy De Backer