Tag Archives: drilling

“Peak” Oil:  Self-Limiting or Open-Ended?

The Age of Oil started around 1800, when drilling techniques started to become available to extract oil from the ground. Figure 1 shows the oil price changes normalized to a constant US$ (2014) from the American Civil War until 2015. … Continue reading

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Big Oil’s in Trouble: What’s Next?

The political fight over mitigation of climate change now spans more than two generations. The fossil fuel industry has long seen mitigation as a direct threat to its business model. It has, whether directly or indirectly, used institutions such as … Continue reading

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Permafrost in Danger

My October 16, 2018 blog started with an ostrich burying its head in the sand; I talked about state legislations that did not allow for serious consideration of climate change, sea level rise, or assured water supply when granting construction … Continue reading

Posted in Anthropocene, Anthropogenic, Climate Change, Extreme Weather, IPCC, politics, Sustainability | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Risk

We are not very good at estimating risk. This is especially true of large, infrequent risk. Recently a judge fined BP for being “grossly negligent” in the blowout on the deep water horizon oil rig disaster that killed 11 workers … Continue reading

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