Peak oil to hammer the UK economy.

[brasicritique]

Provided the rest of the world doesn't saddle up and come crash our lovely sticky oil party. Which they will

or china

 

[brasicritique]

Petrolium geology of the falkland basin


An begging for investors booklet on the falklands

Talisman, Desire and Rockhopper are the companies most active in exploring that area. Some people are getting very excited about 20 billion barrels (North Sea was 60 billion with Norway getting about half of it) and loads of gas. If any of those firms get a really good flowing well, the chaces are one of the super majors will come in and buy them out. This is how they have been just about keeping there reserve number up, by buyouts.

Thanks for this tho i also think the uk will use the falklands as a base from which to expand operations in a local polar region...

 

[spacemonkey]

Let's get those geothermal plants built.

Won't even come close to fixing our problems.

 

[Quartz]

Nuclear is the way to go for base load. I'd like to see it augmented by solar & wind energy for peak loads.

 

[sus]

Won't even come close to fixing our problems.

this is true. also, what about the massive amount of oil based fertilizers/pesticides/herbicides needed for modern agriculture, everywhere pretty much where there's industrial scale agriculture, where's the alternative?? coal based fertilizer?

 

[elbows]

this is true. also, what about the massive amount of oil based fertilizers/pesticides/herbicides needed for modern agriculture, everywhere pretty much where there's industrial scale agriculture, where's the alternative?? coal based fertilizer?

I suspect GM crops are supposed to be part of the solution.

 

[sus]

I suspect GM crops are supposed to be part of the solution.

I expect that's a big part of the plan, even tho' for sure even GM won't grow without nutrition from somewhere . i'd like to know what's in the pipeline to replace oil based agriculture when it starts getting non viable...if anything..

 

[elbows]

Yeah I dunno what will solve the nutritional aspect, especially as there are some concerns about peak phosphorus, and of course water.

Not to mention that GM crops are probably also supposed to help fill non-agricultural gaps created by peak oil: eg medicine, other chemicals, biofuels etc.

 

[Falcon]

We are in for a very long hard couple of decades...

There are around 4 or 5 billion people (the difference between the pre-hydrocarbon and current population of the planet)--including ourselves--who depend on the quadrupled food yields that arise from hydrocarbon based fertilizers, pesticides, irrigation and mechanised cultivation methods.

The global financial system (read: your pension) has entered terminal cardiac arrest with the strain of mortgaging the consumption of the last 30 years with future supplies of cheap hydrocarbon which, it turns out, don't exist.

Every single thing we identify with modern life is hardwired to and predicated upon abundant and continuously available supplies of hydrocarbon, and most of the things we need (food, transport, manufacturing, pharmaceuticals) cannot be performed or produced with any other form of energy.

I'm intrigued. What--exactly--do you imagine is going to happen in a couple of decades to rescue us? Are we not, in fact, in for a very long, hard rest-of-our-lives (and which, if the experience of many post peak-oil Soviets is anything to go by, might not be all that long anyway)?