Oil Peak - passivehouseplus.co.uk

Innovations in low energy building were spurred in the 20th century by oil crises, but the political impetus for meaningful change receded once the crises ended, explains Dr Marc Ó Riain, bringing an attendant failure to set meaningful building regulations.

Economic analysts are starting to warn of the threat rising oil prices pose to Ireland’s recovery prospects. Richard Douthwaite argues that energy efficiency and renewables investments must be central to government plans, and explains how more than 100% of the cost of energy investments may come back to the exchequer.

Ireland — along with much of the western world — relies on the International Energy Agency‘s oil production forecasts. But are they reliable, asks Lenny Antonelli?

Duncan Stewart demands an energy revolution

As the organisation entrusted by OECD countries to predict future global energy supplies, the International Energy Agency’s projections have significant impact on energy policy around the world. IEA officials recently told The Guardian that the organisation’s figures on oil supply had been inflated and that oil peak is happening. Richard Douthwaite assesses the fall out

World record oil prices are being shattered so regularly that breaking news stories on the matter seem cliché, with other fossil energy sources heading in the same direction. Richard Douthwaite describes the first significant signs that Irish banks may be starting to take the issue on board regarding property lending.

Oil supply increases but prices remain high

The unprecedented development seen in Ireland in the Celtic Tiger years was fueled by the availability of cheap, abundant fossil energy. As the boom ends, the state is attempting to boost the economy with investment in larger than ever infrastructural projects which will not benefit many of the tax payers who are funding them, and crucially don’t recognize the extent to which peak oil production will affect their viability, as Richard Douthwaite reveals.

In terms of 1972 money, oil prices averaged about six dollars a barrel between 1987 and 2000. Last October they reached $40. They are now around $50 a barrel which means that they are beginning to climb back into the territory which caused the global economy to crash in 1979/80.

Richard Douthwaite reveals that oil and gas peak are barely mentioned in the Government's recent energy Green Paper.