Peak Oil & Peak Everything Lecture at CornellWJMartin
Watch the Presentation Here: http://www.youtube.com/watch?v=0HeEHKJxSA8
Will Martin gave this lecture on April 19th, 2012 to the students of Professor Bill Schulze's Sustainable Business class in Cornell University's school of Applied Economics and Management.
The lecture covers peak oil, the economics behind peak oil, the current state of our energy markets, the substitution to unconventional oil that is taking place and the future of "peak everything".
For more, visit http://www.peakoilproof.com/
"Peak Oil - Myth or Reality?" by Jean Laherrère - ASPO FranceNicolas Meilhan
The term Peak Oil was created in 2000 after Jean Laherrère and Colin Campbell wrote an article in 1998 in Scientific American which title was "the End of Cheap Oil".
This paper was ignored until 2005 when oil price reached 50$/b anf fully accepted in 2008 when 140 $/b was reached. With the burst of shale oil, many papers have been published on the "Peak Oil Myth" and the fact that the USA would become energy independent thanks to the shale oil & gas revolution.
However the oil production peaked in many countries and the end of cheap oil is more than ever a reality that will strongly impact our economies. New oil projects with higher extraction costs require $100/b+ oil price to be profitable while oil demand (and GDP) contracts when oil price surpasses $120/b !
This document discusses the concept of "peak oil" which refers to the point at which global oil production reaches its maximum level and then begins a sustained decline. It notes that most oil producing countries have already passed their peak of production. When worldwide production peaks, it will cause spikes in energy prices and potentially devastating economic and social impacts. Alternatives can help but unless lifestyles change, new technologies will not be able to replace dwindling oil supplies. The lagging capacity of the oil industry to address depletion also poses challenges.
Peak Oil & Peak Everything Lecture at CornellWJMartin
Watch the Presentation Here: http://www.youtube.com/watch?v=0HeEHKJxSA8
Will Martin gave this lecture on April 19th, 2012 to the students of Professor Bill Schulze's Sustainable Business class in Cornell University's school of Applied Economics and Management.
The lecture covers peak oil, the economics behind peak oil, the current state of our energy markets, the substitution to unconventional oil that is taking place and the future of "peak everything".
For more, visit http://www.peakoilproof.com/
"Peak Oil - Myth or Reality?" by Jean Laherrère - ASPO FranceNicolas Meilhan
The term Peak Oil was created in 2000 after Jean Laherrère and Colin Campbell wrote an article in 1998 in Scientific American which title was "the End of Cheap Oil".
This paper was ignored until 2005 when oil price reached 50$/b anf fully accepted in 2008 when 140 $/b was reached. With the burst of shale oil, many papers have been published on the "Peak Oil Myth" and the fact that the USA would become energy independent thanks to the shale oil & gas revolution.
However the oil production peaked in many countries and the end of cheap oil is more than ever a reality that will strongly impact our economies. New oil projects with higher extraction costs require $100/b+ oil price to be profitable while oil demand (and GDP) contracts when oil price surpasses $120/b !
This document discusses the concept of "peak oil" which refers to the point at which global oil production reaches its maximum level and then begins a sustained decline. It notes that most oil producing countries have already passed their peak of production. When worldwide production peaks, it will cause spikes in energy prices and potentially devastating economic and social impacts. Alternatives can help but unless lifestyles change, new technologies will not be able to replace dwindling oil supplies. The lagging capacity of the oil industry to address depletion also poses challenges.
Phileas Fogg y su mayordomo Passepartout emprendieron un viaje alrededor del mundo en 80 días, viajando de Londres a París, Turín, Brindisi, Suez, Bombay, Calcuta, Hong Kong, Shangai, Yokohama, San Francisco, Omaha, Chicago, Nueva York, Cobh, Dublín, Liverpool para regresar finalmente a Londres en exactamente 80 días y ganar su apuesta.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms for those who already suffer from conditions like anxiety and depression.
Phileas Fogg y su mayordomo Passepartout emprendieron un viaje alrededor del mundo en 80 días, viajando de Londres a París, Turín, Brindisi, Suez, Bombay, Calcuta, Hong Kong, Shangai, Yokohama, San Francisco, Omaha, Chicago, Nueva York, Cobh, Dublín, Liverpool para regresar finalmente a Londres en exactamente 80 días y ganar su apuesta.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms for those who already suffer from conditions like anxiety and depression.