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ESOI, Energy Stored On Invested

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  • Recession Ahead: An Overview of Our Predicament 9 december, 2019
    Many people have the impression that recessions come from financial missteps, such as the US subprime loan fiasco. If energy is involved at all, the problem comes from high oil prices as supply becomes inadequate to meet demand. The real … Continue reading →
  • Drone Strike on Saudi Arabia Knocks out 5% of Global Oil Supplies 17 september, 2019
    On Saturday 14 September the Abqaiq oil processing facilities in Saudi Arabia were hit by an air borne attack assumed to be a drone. Abqaiq lies to the NE of Ghawar, the world's largest oil field and producer by far. Abqaiq is the largest single oil processing facility in the world. It processes all the […]
  • Carbon capture could require 25% of all global energy 8 december, 2019
    Preface.  This is clearly a pipedream. Surely the authors know this, since they say that the energy needed to run direct air capture machines in 2100 is up to 300 exajoules each year. That’s more than half of global energy … Continue reading →

Finansiell bubbla bland olje- och kolföretag

Olje- och kolföretag lägger årligen ner ca $674 miljarder på att hitta och utveckla fler oljekällor och kolfyndigheter. Detta bland annat för att dessa reserver ligger till grund för värderingen av bolagen. Men 60 till 80 % av dessa reserver som bolagen har kommer aldrig att förbrännas om vi vill hålla oss under 2°C målet. […]

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