China’s Oil & Gas Giant Sinopec Says Peak Oil Demand Already Happened In China
Half of the world’s economy has already reached peak gasoline and diesel demand while electric vehicle deliveries in every segment are shooting through the roof.
peak oil
The Battle Over “Peak Oil” — IEA Vs OPEC
When the IEA said recently that the world needs to slash the use of fossil fuels, the folks at OPEC went ballistic.
IEA & Oilprice.com See Peak Oil Happening This Decade
Back in 2019 — before the Covid pandemic hit — the International Energy Agency (IEA) said it had peered into the future and could see no sign of “peak oil” happening any time soon. There was simply no end to the demand for oil and other fossil fuels in sight. … [continued]
A Glimpse Into The Post-Oil Era: How The Uneven Impacts Of 2025-2030 Peak Oil Demand…
As Sheikh Zaki Yamani, a former Saudi oil minister, once said, “The stone age came to an end not for a lack of stones, and the oil age will end, but not for a lack of oil.” But some oil will still be being pumped at the end, and it won’t be heavy, sour, far from water crude.
Peak Oil Is Coming
The latest note from Carbon Tracker warns that Peak Oil demand is coming sooner than most people think and could lead to stranded assets and massive losses. It may not appear so at the moment, as energy in all forms is in massive demand, coming out of the economic doldrums … [continued]
Peak Oil & Coal Demand Means Peak Shipping Demand Too
The world is unlikely to see a return to pre-COVID-19 levels of shipping, projecting a minor peak in roughly 2030, and then a decline before it flattens out again.
Fossil Fuels Are So, So Screwed
A quick glance at the current political situation in the United States would seem to give the fossil fuels sector a possibility of a clear path to the future, as there is a chance that the current regime will stay in power. But that may be a delusion, with or without a political change.
OPEC Struggles To Manage “Permanent Demand Destruction”
OPEC is beginning to see the writing on the wall. Demand for oil is declining and may never recover. That’s good news for the Earth.
The End Of Fossil Fuels: Is It Here Yet?
Are we close to the end of fossil fuels? Has peak oil arrived and what are the impact and opportunities for cleantech? It’s been a topic of heated conversation for decades.
The Largely Ignored Problem Of Global Peak Oil Will Seriously Hit In A Few Years
The era of oil is coming to an end, with global oil production set to halve in the next five to six years. To avoid a global economic slump, the transition to 100% renewables worldwide needs to be accelerated. It is feasible and cheaper than the current system, research shows.
