Wednesday, October 24, 2007

News Brief

A new model for predicting peak oil has been generated and the person who did so say that anytime between now and 2018 we shall hit peak oil.

Oil Production Could Peak Next Year
The new model, developed by Fredrik Robelius, a physicist and petroleum engineer at the University of Uppsala in Sweden, uses a “bottom-up” approach based on field-by-field analyses of the 333 giant oil fields in use today. These together account for more than 60 percent of today’s oil production. He pooled the contributions from all the smaller fields together, treating them as an additional giant field.

Nuclear power could really help us get our alternative energy groove on.

Report: Nuclear Power Has Bright Future
Nuclear power's share of worldwide electricity production rose from less than 1 percent in 1960 to 16 percent in 1986, and that percentage has held essentially constant in the 21 years since 1986, the agency reported in a statement today. Nuclear electricity generation has grown steadily at the same pace as overall global electricity generation.

Fianlly, some good news on the ozone layer.

NASA: Ozone Hole Shrinks Back to Average Size
The Antarctic ozone hole is back to an average size, shrinking about 16 percent from last year's record high, NASA said Friday. But it's still the size of North America.

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