There is a lot of conversation around various sources of pollution but many of them have no context so you really can’t get a mental grip on how serious the problem really is. Below is a chart we built with data collected by the University of Calgary. We hope it Read more…
The environmental lobby has mislead many well intentioned companies and intelligent individuals with the “keep it in the ground movement”. That logic only applies to “western societies” and has sadly resulted in serious efforts to block even the cleanest Oil & Gas projects for the last decade. The most recent tactic is to block the infrastructure required to make Oil & Gas functional; in particular pipelines are being opposed at every turn.
These next two points should clearly demonstrate that “keep it in the ground” is both naive and environmentally damaging.
The fact is that the most scientificly trustworthy energy industry research body in the world, the International Energy Association (IEA), agrees with dozens of other government and industry analysts that Oil & Gas demand will continue to EXPAND through the year 2040. 2040-2050 is the magic decade when China and India will have moved most of their citizens into the middle class.
Before you start thinking, ‘but wait, that will change if we ‘go electric”, note that the IEA is expecting massive amounts of electrification in the next 20+ years and has already wrapped those expectations into their projections. If we don’t have substantial electrification (solar, wind, electric cars,…) 2040 will not be the
Keep in mind the word EXPAND. This means that at about 2040, the world will not have stopped using oil and gas; this means that consumption will have peaked. After 2040, there will take between 100 to 200 years to cycle out of petroleum based products.
Do you want to understand Global Warming without the political hype? Dr. David Maenz has written and important book for 2018 explaining the science of global warming, it’s impacts and viable solutions. The Price of Carbon is an easy read. You don’t have to be a climate scientist to understand his clear explanations and simple charts.
The book includes a brief history of the earth, where we are today, future climate scenarios and how to fix the problems. It also covers the Paris accord without the political furor.