Archive for ‘UK’s energy today’

Irony of tying pensions to oil

Wednesday, June 19th, 2013

There are plenty of ways in modern life to encounter irony at its best including people socialising on websites while sitting at home on their own. The richest people on the planet are also the biggest consumers of antidepressants, but the biggest irony of all time concerns everyone’s future and well-being.
I shall explain.

Paying for pensions by investing in companies that won't protect a habitable planet to retire on.

Paying for pensions by investing in companies that won’t protect a habitable planet to retire on.

One of the biggest legacies of the previous century, was, of course, the oil-based economy we all depend upon today and oil is so intertwined with our modern lives that it is also deeply entwined within our futures too.

I am talking about what may be one of the biggest ironies to befall modern man (and women). Many people don’t realise that their pension funds are reliant on us all burning more oil and gas, which in turn increases the likelihood of climate disaster in the near future.

Depending on how old you are when you read this article, the pension pot you spend most of your life contributing to is actually contributing to the likelihood of agricultural failure, flooding and water shortages within our own lifetimes. (more…)

Dependence on energy costs

Tuesday, April 30th, 2013

As another energy bill falls onto your doormat and yet again you sigh with disappointment as you contemplate yet another rise in the cost of heating and powering your home, you undoubtedly think that this is not the future we were promised.

Your future energy bills are still unwritten.

Your future energy bills are still unwritten.

Many people attempt to cushion themselves by choosing to switch energy providers and thus give themselves a short-term reprieve through a ‘fixed term’ deal that will give them a guaranteed price over a year, possibly two at best.

When Marty McFly arrived in the year October 21, 2015, energy shortcomings were not part of the future vision, but back here in the real future, our timeline will see millions crippled by fuel poverty and energy costs. (more…)

Gas rationing is a call to action

Monday, March 25th, 2013

This week has seen a definite warning shot across the bow of HMS Great Britain.

A warning of impending gas problems.

A warning of impending gas problems.

With the unseasonable snow leaving our already vulnerable nation with little gas supplies, we should all use this proximity of potential rationing of gas supplies as a ‘call to action’ to reduce our dependence on this most vital of modern necessities.

The additional news this week of a tanker from Qatar relieving Britain’s gas supply drought will see most people breathing a sigh of relief. However, the energy-savvy among us will see this as an opportunity to protect our homes from future problems. (more…)

A layman’s guide to peak oil

Tuesday, March 12th, 2013

Looking back through human history, there has always been insights on the horizon before any major change or upheaval. The massive increase in population and industry since 1965 is arriving at a time when the amount of oil available and reduced over the same period. Another insight, almost certainly!

Oils peak production graph.

Oils peak production graph.

Imagine, If you had to travel from John ‘O’ Groats to Lands End on half a tank of fuel. You know that once the fuel gauge hits empty, then you will have to walk the rest of the way. With this in mind, would you, ease off the accelerator and conserve your fuel for maximum efficiency or hit the throttle harder and rush to your destination without care? (more…)

Why Richard Branson bought an island?

Monday, February 18th, 2013

Most of us assumed that Sir Richard Branson was just eccentric when he treated himself to his very own island. The showman of the corporate world was obviously using his wealth to buy himself the ultimate status symbol. A paradise island trumps a villa in Spain, right?

A more civilised ending to a PV-powered civilisation.

A more civilised ending to a PV-powered civilisation.

The truth, however, is Mr Branson bought himself Necker Island in 1978 as an oil shock sanctuary where he and his family can live out the rest of their days in their paradise retreat while the rest of the world comes to terms with an oil starved civilisation.

The self-made billionaire and Virgin boss attempted to warn the world back in 2010 when he said: “that we should all prepare for an ‘energy crunch’ within the next five years.”.

Speaking with other corporate executives who also support the warning including, chief executive of Scottish and Southern Energy group, and the chief executive of transport operator Stagecoach. (more…)

Energy security yet again in jeopardy

Monday, January 21st, 2013

There doesn’t seem to be a year go by when the wider world does not threaten Britain’s energy security.

Thousands of miles of vulnerability.

Thousands of miles of vulnerability.

This week alone, there arrived two problems which have exposed our countries’ vulnerability where energy is concerned, and as usual, when the weakness is exposed, household and commercial energy price rises follow quickly behind.

Freedom from high energy costs seems to be slipping from our countries grasp year on year, with the escalating problems of terrorism as seen in Algeria this week. Our dependence on sources from troubled geographical locations will only increase alongside our ability to keep energy costs down. (more…)