by James Stafford (OilPrice.com) Rising geopolitical tensions and high oil prices are continuing to help renewable energy find favour amongst investors and politicians. Yet how much faith should we place in renewables to make up the shortfall in fossil fuels? Can science really solve our energy problems, and which sectors offers the best hope for our energy future?
To help us get to the bottom of this we spoke with energy specialist Dr. Tom Murphy, an associate professor of physics at the University of California. Tom runs the popular energy blog Do the Math which takes an astrophysicist’s-eye view of societal issues relating to energy production, climate change, and economic growth.
...Oilprice.com: What are your thoughts on Biofuels? Will they ever be able to compete with fossil fuels? If you were to pick one that you think has the best potential which would it be?
Tom Murphy: The scale of our fossil fuel use prohibits replacement by biofuels at a substantial level. They certainly can and do play a role, which I anticipate will increase with time - up to a point. The energy return on energy invested (EROEI) tends to be pretty poor (less than 10:1) even for the best examples like sugar cane. And it's a heck of a lot of year-in-year-out work to manage harvests - much depending on the increasingly erratic weather. Of the biofuels, I am most intrigued by algae: mainly because it can be grown and moved about as a liquid medium in sealed tubes. That said, I worry about gunking up the works with bio-sludge, the algae contracting disease, and the fact that we have not yet found/created a viable hydrocarbon-excreting critter.
...More concretely, I can say that most physicists I meet in departments around the country are not aware of peak oil and associated challenges. Hardly anyone I meet is working on the problem. No one (i.e., funding) has told us this is a real problem that deserves our full attention. And I sense that it would be political suicide to do so. So which technology do I think will save our bacon? Most ideas on the table provide electricity, which does not address our most critical need. As I said before, artificial photosynthesis hits the sweet spot, and batteries are tremendously important. But let's also prepare a plan B that may be less about techno-fixes and more about behaviors and attitudes.
...How about this solution: one billion people on Earth would obviate many of our problems. Any takers? Any acceptable path to this state? The original question does remind us that our problems are numerous. It is no surprise that the phenomenal surge in population and living standards/expectations in the last few hundred years - both a direct consequence of exploiting our fossil fuel inheritance - should be exposing fault lines every which way. Aquifers, soil, forests, fisheries, coral, ice pack, and species counts are in decline. The very simple answer staring us in the face, yet somehow unthinkable, is to consume far fewer resources and aim to reduce population. Hopefully we can do this in a more controlled way than nature may enforce if we ignore the myriad warnings. This "solution" will no doubt offend many, but just because we want to continue growth does not mean we can. We need to take control of our destiny, and that starts with us as individuals. Decide to reduce; mentally abandon the growth paradigm.
...A year or two of high prices is simply not long enough for a transformation, which takes decades to accomplish. I hope that we can tolerate smoothly and continuously escalating energy prices for conventional sources, but those high prices hurt large segments of the (conventional) economy and self-generate volatility. In principle, governments could "artificially" keep energy prices high enough to maintain the impetus for developing alternatives, pumping the revenue into a national alternative energy infrastructure. But governments are bound by voters who simply don't want sustained high energy prices. I don't know how to evade this dynamic in a functioning democracy, except via education about the challenges we face - including a sober confrontation of the fact that failure is a likely result of our not bucking up to the challenge.
Oilprice.com: How would you best describe the current situation with oil reserves? Do you believe we have reached Peak oil or are pretty close to it?
Tom Murphy: The simple observation that a peak in global discovery in the 1960's must be followed by a peak in production some decades later is unassailable. So we know the decline is coming, as most major oil-producing countries have experienced already. That part is easy, it's the when that is always hard. The fact that the current petroleum production plateau has hardly budged through factor-of-three price fluctuations is very suggestive that no one has spare capacity at the ready. If we can maintain high prices without re-experiencing a spike and crash like we did in 2008, we might see sub-prime production come online fast enough to maintain the plateau. But A) this might not happen, and B) it's not a resumption of production growth. So I would not at all be surprised if a decline makes itself clear by the end of this decade. I, would, on the other hand, be surprised to see a 5% increase of conventional petroleum production over recent (plateau) levels. But in the decline case, volatility, deliberate withholding, recession, unemployment, wars, etc. can stir in enough complexity to hide the physical truth from us for years. Will it be obvious to the world when we pass into the land of inexorable decline? READ MORE
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