My picks today are designed to try and open everyone’s eyes to the fact that there is absolutely no need to believe that energy has to be expensive or rationed. Both are concepts which are readily embraced by the greenies, and fit their irrational and misanthropic worldview. If you haven’t figured it out yet, let me help…. going green is a suicide pact. First off….oil isn’t a fossil fuel. Those who have been reading Green Notes and Paradigms and Demographics know that I subscribe to the abyssal abiotic theory of petroleum, meaning that oil is a substance created in the Earth’s crust and continually works its way to the surface .... and doesn’t come from dinosaurs. There are untold amounts of oil everywhere. RK
The Coming Shale Oil Revolution - The Times, 21 March 2011
THE JOKE has been told by generations of Jews, most famously Golda Meir, the former prime minister of Israel: 'Why did Moses lead us to the one place in the Middle East without oil?' But an updated version may be required if Harold Vinegar and his colleagues get their way. Dr Vinegar, the former chief scientist of Royal Dutch Shell, is at the centre of an ambitious project to turn Israel into one of the world's leading oil producers. Israel Energy Initiatives, where Dr Vinegar is chief scientist, is working on projects to extract oil and natural gas from oil shale from a 238sq km area of the Shfela Basin, to the south and west of Jerusalem.
Matt Ridley: Does A Different Nuclear Power Lie Ahead? The Wall Street Journal, 19 March 2011
Might the Fukushima accident eventually create a chance for the nuclear industry to "reboot"? In recent years some have begun to argue that solid-fuel uranium reactors like the ones in Japan are an outdated technology that deserves to peter out and be replaced by an entirely different kind of nuclear energy that will be both safer and cheaper. The problem, as is often the case in capital-intensive industries, is inertia. Nearly all the expertise, research and sunk costs are in the old technology. Fukushima just might start to change that.
In the short run, the beneficiary of nuclear's now inevitable crisis is going to be fossil fuels. Renewable energy remains too expensive, too land-hungry, too unreliable and too small-scale to take up much slack, so cheap coal and newly abundant natural gas will do the job….. Nobody knows if thorium reactors can compete on price with coal and gas. India has been working on thorium for some years, but the technology is as different from today's nuclear power as gas is from coal, and very few nuclear engineers even hear about liquid fuel during their training, let alone get to work on it.
New technologies always struggle to compete with well-entrenched rivals whose costs are already sunk. The first railways couldn't rival canals on cost or reliability, let alone lobbying power. Now is the time to start to find out about thorium's potential.
My Take - So I have to ask. Why is the President of the United States telling the Brazilians how much we need their oil? Within the jurisdiction of the United States there is enough oil, natural gas and coal to fulfill our needs for 200 years, and new technologies are on the horizon. Of course that would mean defying the greenies, who hated nuclear, then loved it and then hated it again. They loved ethanol then hated it. They loved solar, then hated it. They loved wind energy, then hated it. Why is it that the greenies are always in love with technology that doesn't exist and then hate it as soon as it has the potential to become reality? What exactly is it they want? They want us all to commit suicide. So why are we listening to these people? RK