How far away is Peak Oil and what is it?

Lately there has been renewed interest in Peak Oil and while we are talking about Emissions Trading and allowing larger trucks on New Zealand Roads, the fact is that oil is running out.

What is peak oil? Wikipedia has an extended description, but in simple terms it is when the amount of oil being extracted is at the highest rate and from then on, the amount of oil becomes terminal. In other words, the amount of oil being extracted from the earth will be less than is being consumed, while demand, along with population, increases.

The Space Collaborative paints a scary picture of what the near future could look like without oil. Of course oil doesn’t just drive our cars, our ships, our planes, but it also helps to generate electricity.

Now of course for New Zealand it’s not a big deal because we have geothermal power and arrangements with countries like Japan to access oil, when it starts running out. Major gas guzzlers like the USA will gladly give us a share of their emergency stocks because we’re nice people.  We shouldn’t forget that we have more vehicles in New Zealand than we have licensed drivers.  Of course the price will sky rocket and you will need to be very wealthy to be able to run your car. Just as well we have natural gas.

It was interesting to read that Australia voted in November, not to put together a plan for peak oil, so we probably won’t find any help there.  New Zealand has been working on plans for a number of years, because in 2003 we were dependant on oil for 48% of our energy production. This means that brown outs as predicted in the diagram above, within the next 20 years could become a reality. Yet besides emissions trading, the Kyoto Protocol, which as I have blogged about before will require that instead of spending money to protect our own infrastructure will have us sending money to other countries who have lots of trees.

I don’t think we’re talking about science fiction here, where it will be a problem for future generations, long after we have turned to dust. I think this will be a problem that anyone reading this blog will face. So what are you going to do when you can’t get petrol or diesel for your car and there isn’t enough oil to generate electricity or even make candles?

It bears thinking about doesn’t it?

Low Carbon Future

I’ve just finished reading an excellent story by Chris Barton in the NZ Herald, which is a good primer for the Copenhagen conference that John Key is going to? The cricket on TV is on in the background and apparently Key is in Wellington watching New Zealand vs Pakistan, so he doesn’t seem to be in a hurry to get to the airport.

He quotes Phil Scadden, a geo-scientist from Dunedin, as saying that by 2025 we could cover all our energy needs using wind, hydro, geothermal and other relatively green sources if we were prepared to spend a great deal of money.

I find it hard to believe that NZ will spend the money, especially if we are insistent on Kyoto and other deals which would require us to pay other countries who have less carbon emissions than us. For my money I think that we should invest the same amount of money on cleaning up our own act.

I ask myself if we can afford to be prissy about seeing lots of wind turbines on hilltops. Personally I think they look really good. I was in the Netherlands earlier this year and the site of hundreds of wind turbines was quite inspiring. I don’t have a problem with having them far enough away so they don’t cause noise polution. We have plenty of great spots in the country that are almost always windy, such as Ohakea, which I believe from memory means place where four winds meet. It certainly never disappointed when I used to go down to the Ohakea Air Base to race land yachts, a very green speed sport:)

Something that annoys me when we talk about clean and green in this country is the lack of emission controls for diesel vehicles. If I was given a dollar for each diesel soot sprewing truck, with black soot backs delivering frozen meat, I would be able to retire today.

I’d also like to know why NZ is following other countries, with Feed-in Tarriffs, which I have previously blogged about. The concept was raised a long time ago by the Green Party, where there would be subsidies and incentives for people to put solar panels on their rooves and allowed them to sell surplus power into the grid.

Anyway, this whole situation disturbs me. Instead of fixing our problem at home, we want to pay other countries who are more fortunate than us, in having more trees etc. NZ has the ability to be self sustainable if we put our brilliant scientists and inventers on the job. We could be isolated from a lot of the problems of climate change in other parts of the world. Once we have it licked, then we can give them access to our know how. That might make a great new export for us.

For now, I’ve been for a 9 1/2 km bush walk/jog, finished my blog and am going to go and by an electric lawn mower. It is plastic, doesn’t need oil or petrol, won’t rust and will therefore last much longer.