Fossil fuel

Peak Oil…not even close

Oh dear as the Green Taliban keep hysterically screaming about peak oil the reality as expected is somewhat different.

Worldwide oil reserves are now estimated at 1.64 trillion Barrels and gas reserves are 7 Quadrillion cf.

How big a number is a quadrillion. Well it is 1,000 trillion.

But ten years ago known oil reserves were 1.265 trillion barrels and 6 quadrillion cf.

While we are very pleased that big oil are in NZ looking for new discoveries, given the increasing quantities of known commercial supplies I wonder about the merit in some searches.  Don’t get me wrong we love mining and drilling, but it is not as if world supplies are running out any time soon.  Read more »

Rodney Hide on Jeanette Fitzsimons

Rodney Hide gives Jeanette Fitzsimons a lashing in the Herald.

We need to drag green hypocrites out from behind their shield of sanctimony.

I have known Jeanette Fitzsimons for more than 30 years. Back then, she was worrying we were running out of oil and gas. She’s now popped up as co-skipper of the protest vessel Vega trying to make it difficult for Anadarko to find more.

Her worry used to be that we were running out. Now her worry is that we are finding too much.

It’s a total back-flip but her solution remains the same – we must give up the good life and de-industrialise.

The flip-flops from the green taliban would get them life long jobs in the Cirque du Soleil. Global warming and pending ice age turned into Global Warming and roasting to death which now has turned into Climate Change. Peak Oil was supposed to have happened years ago and yet we keep on finding more and more.

At a seminar all those years ago, Jeanette explained that she was awoken to a world of worry by The Limits to Growth. The book had rocked me too. With Rachel Carson’s Since Silent Spring and Paul Ehrlich’s Population Bomb, it made me a hard-core Greenie and set me off studying environmental science to save the world.

But by the time I got to attend Jeanette’s seminar, I knew the studies were deeply flawed. Wider study, plus the failure of their predictions, had revealed that.

I’d also had the benefit of working on North Sea oil rigs and seeing first-hand the incredible ingenuity and engineering that had opened up new and exciting oil fields never thought possible.    Read more »

Wasting a billion dollars a day. Every day

Subsidies are evil…more evil when deployed to support a fraud.

Cancel all subsidies, even those to other industries and deploy the cash on better things.

The world invested almost a billion dollars a day in limiting global warming last year, but the total figure – $359 billion – was slightly down on last year, and barely half the $700 billion per year that the World Economic Forum has said is needed to tackle climate change.

These are the findings spelled out in the latest Climate Policy Initiative (CPI) report. For the first time, it estimated global North-South cash flows at between $39 and $62 billion.  Read more »

Traditional energy sources go from doom and gloom to boom

The time of the climate change shills is coming to an end, but not before literally billions has been poured into their pockets. Stephen F. Hayward looks and the whole Climate Change debacle and the decline of the deception.

 [T]he climate change story has been overtaken by facts on the ground. Most significant: The pause in global warming​​—​​now going on 15 years​​—​​has become so obvious that many of the leading climate scientists are grudgingly admitting that global warming has stopped. James Hansen, who recently stepped down as NASA’s chief climate scientist to become a full-time private sector alarmist, is among those admitting that the recent temperature record has flatlined.

After two decades of steady and substantial global temperature increase from 1980 to 1998, the pause in warming is causing a crisis for the climate crusade. It wasn’t supposed to happen like this. The recent temperature record is falling distinctly to the very low end of the range predicted by the climate models and may soon fall out of it, which means the models are wrong, or, at the very least, something is going on that supposedly “settled” science hasn’t been able to settle. Equally problematic for the theory, one place where the warmth might be hiding​​—​​the oceans​​—​​is not cooperating with the story line. Recent data show that ocean warming has noticeably slowed, too.

These inconvenient data are causing the climate science community to reconsider the issue of climate sensitivity​​—​​that is, how much warming greenhouse gases actually cause​​—​​as I predicted would happen in these pages three years ago: “Eventually the climate modeling community is going to have to reconsider the central question: Have the models the IPCC [Intergovernmental Panel on Climate Change] uses for its predictions of catastrophic warming overestimated the climate’s sensitivity to greenhouse gases?”  Read more »

“Renewables” are fraud, viable only through massive subsidies

The Green Taliban likes to talk about “renewables” like they are some sort of holy grail. Unfortunately they aren’t:

Although renewables remain the power source of choice for greens, they require such massive subsidies that their role in meeting soaring electricity demand will remain incidental. Spain is only one country that has decided that it can no longer afford the subsidies that renewables require, and only Obama’s antipathy to fossil fuels, his war on climate change, and the political clout of some of his donors keep subsidies flowing to uneconomic solar and wind companies.

Renewables are as fraudulent as their insistence that humans are warming the planet.

Let’s get fracking…now

If it wasn’t for the green taliban and the boy MP, Gareth Hughes, dramatically misleading people we would be able to get on with fracking a whole lot faster.

We should stop listening to the green taliban and start listening to people like Ronald Bailey argues that the “environmental and economic benefits of fracking greatly outweigh the costs“:

Environmental activists, who once hailed natural gas as the bridge fuel to the renewable energy future, have turned with a vengeance against it. Originally, activists who worried about man-made global warming produced by burning fossil fuels that emit carbon dioxide favored fracking because burning natural gas produces about half the carbon dioxide emitted by coal. However, local and national environmental groups have turned decisively against shale gas based on both not-in-my-backyard concerns and the fear that cheap natural gas undermines the economic case for solar and wind power.

The green taliban are covered by the shield of sanctimony which protects them from hypocrisy.  Read more »