March 22, 2013

AM Coffee: The energy issue

I like my coffee black. Today I have been diving through a number of articles covering the oil and energy business:

1. Depletion, the one word oil optimists refuse to utter
Even at the low end of decline rate estimates, the world must find and put into production the equivalent of what is currently coming out of the entire North Sea, one the world’s largest finds, and we must do so EVERY SINGLE YEAR before worldwide production can rise.

2. Death of a battery
A technical look at the life and death of a battery. Post peak sustainable? You tell me.

3. Cypriot bailout linked to gas potential
Cyprus is preparing for total financial collapse as the European Central Bank turns its back on the island after its parliament rejected a scheme to make Cypriot citizens pay a levy on savings deposits in return for a share in potential gas futures to fund a bailout.

4. Video: Nissan's future electric car plans