Of course we know better, but the idea is so tempting that we fell for it anyway. The peak in oil production, whether it happens tomorrow or in 20 years, will bring us back to earth, quite literally. There are persistent notions that all we need to do is find an energy source to replace oil and life will go on as usual. But if we had such a source, one as cheap and versatile and abundant as oil, we would be using it today. A list of problems with so-called alternatives makes painfully clear how far we will go to meet our energy hunger, and to what extent we are willing to saddle our children with the consequences.
Natural gas
A "sister product" of oil, natural gas is seen by many as a substitute for oil. But it will peak worldwide soon after oil does, and already has in North America. There are multi-billion-dollar plans to build tankers and terminals for importing LNG (frozen, liquefied gas), but it's by no means a long-term solution. And no one wants those floating bombs in their backyard (BANANAism: "Build Absolutely Nothing Anywhere Near Anything").
Nuclear power
Even many "greens" these days speak out in favour of building nuclear reactors, a "clean" energy source. Worldwide, there are plans for dozens more reactors. But there is no adequate way to deal with nuclear waste, which can remain radioactive for 100,000 years. The available uranium, plutonium and thorium is very
Coal
There is a lot of coal left in the world. But the levels of mercury and CO2 produced by burning coal make it about as amoral as nuclear power. If we were to substantially increase energy production from coal, the planet would warm up so much we wouldn't need indoor heating any more. The carefully introduced term "clean coal" will fool many, but there is nothing clean about strip mining and mountaintop removal. China plans to build approximately one coal-powered electricity plant every week for the next 15 years.
Tar sands and oil shale
There are several forms of "unconventional" oil. One hundred billion dollars has been invested in the Alberta tar sands alone. Labelled as the "most destructive process known to mankind," the industry is based on economic distortions: the producers pay for neither the insane amounts of fresh water they use, nor the mind-boggling environmental mayhem they cause. Even then, the output will remain marginal at four million barrels per day, even in 15 years when world oil demand will be 100 million. Oh, and the process uses more energy, as natural gas, than it produces in oil. Oil analyst Matt Simmons calls it "making gold into lead." Well, Matt, Canada has bet its economic future on that lead.
Hydrogen
Is not a form of energy. Period. Sounds nice only as long as there's enough energy left to produce hydrogen. You need electricity to produce hydrogen (by hydrolysis), and then use the hydrogen in a fuel cell that produces electricity to run a car or heat a house. But that process loses up to 75 per cent of the initial energy. Peak Oil guru Jay Hanson: "Obviously, alternative energy technologies that require energy subsidies are only viable as long as we don't need them!"
Ethanol and other biofuels
Many scientists claim biofuels cost more energy to produce (transport, farm machinery, fertilizers, processing) than they deliver. Still, an example: A proposed ethanol plant near Montreal intends to produce 120 million litres of ethanol per year. That's a lot, right? Well... Canada uses 127 billion litres of oil per year, over 1,000 times the production of the plant. And the energy value of ethanol is lower than that of oil, so you need even more. To supply the U.S. with enough ethanol to replace oil consumption, an area the size of Texas would need to be farmed, or 70 per cent of all currently available farmland in the U.S. Without generous subsidies, which make ethanol a fast-growing money maker for the farm industry, there would not be any significant production.
Wind and solar
The best options for last. Alas, both wind and solar power will forever remain marginal compared to today's oil industry.
But yes, do get a small windmill and solar panel on your rooftop. Get one now, while the rest of mankind is still asleep and dreaming of unlimited oil.
Your comment will be read by our approval team and, if it is approved, will be posted on the website within 24 hours. It could also be published, along with your name, in the printed version of Hour magazine and on any of our partner websites. In order to present the highest quality of comments, Hour reserves the right to refuse certain submissions. Any plagiarism will entail the entire removal of the member’s profile. Hour is not responsible for the opinions expressed by the members.