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In the vast interior of rural México, awareness of an approaching energy and economic tsunami is below even Alert Azul, the first stage of a hurricane watch. For those who read the newspapers or follow television there is no shortage of news about the usual political scuffling between Presidente Felipe Calderón Hinojosa and opposition party leader José Ramiro López Obrador concerning Cantarell oil field's breathtaking 14% annual decline rate. People just don't seem to register it as anything other than the usual politics that goes on in México City, a world away from their lives planting corn, grinding steel, or serving tourists with poolside Margaritas.

This is a guest post from Max Arturo Alcala Sainz. Currently, the list of academic institutions offering relevant and up-to-date information and courses geared to confront the imminent energy slope is awfully short. If you have ever tried to enroll in your local university for some hands-on Peak Oil learning experience, you may have found yourself disappointed in knowing that no such course is offered. Even in certain high-level economics courses that scrape at energy depletion and natural resources, you will probably be able to teach your professor a thing or two (if you are a keen reader of TOD). :)

Virtually every individual, family, business and institution in the United States is grappling with the destructive consequences of our national failure to devise a responsible energy policy. The price of oil has risen 85 percent in the past two years. Because of our extreme dependence on fossil fuel, that price increase is causing a shock to our economic system that is apparent in higher gas and food prices, rising costs for manufactured goods, damaged corporate profits and painfully stretched household budgets.

Those of you who do not believe Peak Oil Theory should first make sure you fully understand it. According to this theory, after a reservoir has been depleted by half of its total volume, the output begins to plateau or remain constant for some unknown period. At some later time (which is unpredictable) the output begins a permanent decline of variable duration (which is also unpredictable) until the remaining quantity of oil is no longer economically feasible to extract with current technology. Therefore, Peak Oil Theory does not state that the earth is running out of oil per say. It states that the earth is running out of inexpensive oil, otherwise known as conventional oil - the high-grade oil that comes out by drilling on land and requires minimal refinement costs.

There is no end in sight to the recent strong gains in oil prices, endangering world economic growth and food equilibrium. This prediction is supported by our own modeling, which indicates that prices are more likely to go up than down in the near future. Could this mess have been avoided, why did it come about and what can be done?

ELIZABETH, Colo. - Suddenly, the economics of American suburban life are under assault as skyrocketing energy prices inflate the costs of reaching, heating and cooling homes on the distant edges of metropolitan areas.

Perspectives and initiatives for local self-reliant living in the face of energy, climate, and economic uncertainty. In response to awakened Peak Oil awareness, Yuba Gals began producing the weekly 28-minute Peak Moment Conversations.In January 2006. They are hosted and produced by Janaia; directed and edited by Robyn.

"The future of a US climate law is hanging in the balance in Congress as lawmakers gear up for crucial midterm elections amid a persistent economic slump, experts say. Further reducing the impetus, UN climate talks in Copenhagen ended last month with a non-binding agreement to limit warming to 3.6 degrees Fahrenheit (two Celsius) that did not set binding targets to reduce the emissions of gases scientists say are heating up the world's atmosphere to dangerous levels. Among the thorniest problems facing a possible US law is striking an agreement on creating a "cap-and-trade" market for greenhouse gases that would force heavy polluters to buy credits from companies that pollute less, creating financial incentives to fight global warming."

The state of New Hampshire's Climate Change Policy Task Force this week released the New Hampshire Climate Action Plan and announced the creation of a public/private partnership that will oversee and guide the plan's implementation. "Here in New Hampshire, we already recognize that climate change poses serious risks to the health of our citizens, to our quality of life and to our economic future." -- New Hampshire Governor John Lynch The plan sets a long-term goal of achieving an 80 percent reduction in greenhouse gas emissions below 1990 levels by the year 2050. Renewable energy measures in the plan include setting a goal of ensuring that 25 percent of the state's energy comes from renewable sources by 2025, upgrading the state's grid and encouraging the use of waste-to-energy projects.

I spent last week immersed in the views of professionals working to advance energy efficiency resource intelligence. I shall spare you more details-I realize there's a limit to the wonkery even Grist's audience can tolerate-but I do want highlight what strikes me as a key takeaway. A few facts to set the stage: * Resource intelligence is profitable. Study after study (after study) shows that homes and businesses have available a range of investments, technologies, and practices that cut energy use and pay handsome returns. (See, for the latest, this three-year study of efficiency in buildings.) * Resource intelligence isn't happening on its own. This is something speaker after speaker at the conference returned to, with attitudes ranging from frustration to simple bemusement. Despite the aforementioned studies, people aren't taking advantage of the opportunities at anything close to the available scale. The low-hanging fruit stubbornly remains unplucked. * Resource intelligence is central to the climate/energy challenge. The International Energy Agency describes a scenario for achieving 450 ppm (the widely shared though likely inadequate target for atmospheric concentrations of CO2). Of the emission reductions they project, energy efficiency is responsible for 54%. More than half our efforts to tackle climate change will happen through more intelligent use of energy.

Electric grids are getting smarter in an IBM lab in Texas as the promise of billions of US economic stimulus dollars fuels a drive to make power delivery more efficient and greener. A chunk of stimulus cash aimed at promoting a "smart grid" designed to foster renewable energy generation and let people and utilities better manage electricity use has IBM in alliances with a growing host of startups. "Smart grid was starting to get hotter, but post-stimulus it is dead center at IBM and in the venture community we deal with," said Drew Clark, director of strategy at IBM's venture capital group.

Less than a week after the Interior Department published the findings of a report claiming that 25% of the nation's electricity could be supplied by offshore wind farms, the Department also reached an agreement with the Federal Energy Regulatory Commission (FERC) over how the two agencies would handle the permitting and licensing of all types of renewable energy development on the Outer Continental Shelf (OCS) of the United States. On Thursday, Secretary of the Interior Ken Salazar and Federal Energy Regulatory Commission Chairman Jon Wellinghoff signed a memorandum of understanding (pdf) that establishes a streamlined process by which Interior's Minerals Management Service and the FERC will lease, license and regulate all renewable energy development activities on the OCS. According to Interior Secretary Salazar, the agreement will spur the development of clean, renewable energy, which he called, "the growth industry of the 21st Century," adding that, "Our nation's economic future demands we lead that competition."

The New York Times has a column from Tom Friedman on holiday in Costa Rica, where he reports the minister of the environment is in charge of energy as well, and that renewable energy is the dominant form as a result - (No) Drill, Baby, Drill. More than any nation I've ever visited, Costa Rica is insisting that economic growth and environmentalism work together. It has created a holistic strategy to think about growth, one that demands that everything gets counted. So if a chemical factory sells tons of fertilizer but pollutes a river - or a farm sells bananas but destroys a carbon-absorbing and species-preserving forest - this is not honest growth. You have to pay for using nature. It is called "payment for environmental services" - nobody gets to treat climate, water, coral, fish and forests as free anymore.

The first-ever report exclusively focused on the global human impact of climate change indicates that more than 300 million people are seriously affected by climate change at a total economic cost of $125 billion per year. Earlier today, former UN Secretary-General, Kofi Annan, President of the Global Humanitarian Forum, announced the results of a report on the human impact of climate change. The study, Human Impact Report: Climate Change - The Anatomy of a Silent Crisis, emphasizes the present impacts of a changing climate, pulling the debate away from a focus on "future generations."

President Obama today announced over $467 million from the American Reinvestment and Recovery Act to expand and accelerate the development, deployment, and use of geothermal and solar energy throughout the United States. The funding announced today represents a substantial down payment that will help the solar and geothermal industries overcome technical barriers, demonstrate new technologies, and provide support for clean energy jobs for years to come. Today's announcement supports the Obama Administration's strategy to increase American economic competiveness, while supporting jobs and moving toward a clean energy economy. "We have a choice. We can remain the world's leading importer of oil, or we can become the world's leading exporter of clean energy," said President Obama. "We can hand over the jobs of the future to our competitors, or we can confront what they have already recognized as the great opportunity of our time: the nation that leads the world in creating new sources of clean energy will be the nation that leads the 21st century global economy. That's the nation I want America to be."

The House Energy and Commerce Committee is expected to pass legislation this week that would overhaul U.S. energy and global warming policy, assuming Democrats can stay united in the face of hundreds of GOP amendments. Unveiled Friday, H.R. 2454 (pdf) includes items long sought by environmentalists, including a cap-and-trade program to curb greenhouse gas emissions and a nationwide renewable electricity standard. The 932-page bill, also comes with the support of President Obama, who applauded the "historic agreement" after weeks of intense negotiations among Democrats representing vastly different regions and economic sectors.

Energy Secretary Steven Chu says he will provide $2.4 billion from the economic recovery package to speed up development of technology to reduce greenhouse gas emissions from power plants and factories that burn coal. Chu told a meeting of the National Coal Council on Friday that it's essential that ways are found to capture carbon dioxide from coal-burning power plants and industrial sources. Carbon dioxide from burning fossil fuels is the leading greenhouse gas blamed for global warming.

In his keynote speech to the GridWeek 2009 Conference this morning, U.S. Energy Secretary Steven Chu detailed his vision for implementing the smart grid and modernizing America's electrical system: a stronger, smarter, more efficient electricity infrastructure that will encourage growth in renewable energy sources, empower consumers to reduce their energy use, and lay the foundation for sustained, long-term economic expansion. Secretary Chu's presentation can be found here. During his remarks, Secretary Chu also announced more than $144 million in funding from the American Recovery and Reinvestment Act for the electric power sector, including $44 million in awards to state public utility commissions and $100 million in available funding for smart grid workforce training programs. "America cannot build a 21st Century energy economy with a mid-20th Century electricity system. This is why the Obama Administration is investing in projects that will lay the foundation for a modernized, resilient electrical grid," said Secretary Chu. "By working with industry leaders and the private sector, we can drive the evolution to a clean, smart, national electricity system that will create jobs, reduce energy use, expand renewable energy production, and cut carbon pollution."

As with most presidential campaign promises, Barack Obama's pledge of government openness isn't lasting long. A top gauleiter at the U.S. Environmental Protection Agency appears to be indulging in the same type of cover-ups that Democrats on the 2008 campaign trail so ardently accused the Bush Administration of conducting. Al McGartland, director of the EPA's National Center for Environmental Economics, has chastised the authors of an EPA study that knocked gaping holes of logic in the agency's decision to label life-sustaining carbon dioxide as a pollutant.

competitiveness WASHINGTON - Building on the action by the U.S. House of Representatives in passing historic legislation that will pave the way for the transition to a clean energy economy, President Barack Obama and U.S. Energy Secretary Steven Chu today announced aggressive actions to promote energy efficiency and save American consumers billions of dollars per year. Today's announcement underscores how the clean energy revolution not only makes environmental sense, but it also makes economic sense - creating jobs and saving money. "One of the fastest, easiest, and cheapest ways to make our economy stronger and cleaner is to make our economy more energy efficient," said President Obama. "That's why we made energy efficiency investments a focal point of the Recovery Act. And that's why today's announcements are so important. By bringing more energy efficient technologies to American homes and businesses, we won't just significantly reduce our energy demand; we'll put more money back in the pockets of hardworking Americans."