Tag: carbon cult
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Peak Oil: RIP
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The idea that seized the imaginations of the bien pensant chattering classes in the Noughties – “Peak Oil” – is no longer relevant. So says the commodities team at Citigroup, and policy-makers would be wise to examine the trends they’ve identified.
“Peak Oil” is the point at which the production of conventional crude oil begins an irreversible decline. The effect of this, some say, is that scarcity-induced prices rises would require huge changes in modern industrial societies. For some, Peak … Read More
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Shale ignorance
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Is it time to decouple “Climate Change” from the Department of Energy and Climate Change? If it was the plain old “Department of Energy” again, it might spend more time researching new fuel sources.Is it time to decouple “Climate Change” from the Department of Energy and Climate Change? If it was the plain old “Department of Energy” again, it might spend more time researching new fuel sources. Two peers last week took aim at the department because its latest … Read More
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Why recycling is rubbish
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In a utopian report, the Institution of Civil Engineers (ICE) says the UK needs £20bn additional spending on recycling infrastructure over the next decade. The recommendation is made in a report today that proposes “unlocking value locked up in the UK’s current waste” – which sounds great – but the report fails to tell us whether the value unlocked will exceed £20bn. Alas, no attempt at all is made to quantity the costs and benefits of the recommendations – which … Read More
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Utopians, then and now
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A hundred years ago, the socialist utopians had a vision of what they called “a world without want”. The Zero Carbon Trust published its vision of Britain in 2030 earlier this month, and it’s one where people’s “wants” will substantially increase. Particularly anyone wanting, say, a lamb chop with rosemary and garlic, or a Shepherd’s Pie.
The Trust wants British livestock be reduced to 20 per cent of current levels, and since shipping in frozen meat is carbon intensive, … Read More
