Oil Limits and Climate Change

They say that every cloud has a silver lining. If future energy consumption (which is mostly fossil fuel) drops because of a financial collapse brought on by high oil prices and other limits, then, at least in theory, climate change should be less of a problem.  One of the important variables in climate change models is the amount of  carbon dioxide from the burning of fossil fuels that enters the atmosphere. In a recent post (Peak Oil Demand is Already a Huge Problem), I showed the following estimate of future energy consumption.

Figure 1. One view of future energy consumption for the world as a whole. History is based on BP's 2012 Statistical Review of World Energy.

Figure 1. One view of future energy consumption for the world as a whole. History is based on BP’s 2012 Statistical Review of World Energy.

I explained in that post that oil limits are different from what most people expect. Oil limits are price limits. Indirectly because of these price limits, fuel consumption of all sorts (not just oil) will decline in the near future. The problem will be greater job loss and an inability to afford products of many kinds, including those made with fossil fuels. Financial collapse, particularly of governments, and a long-term decline in population are also part of this scenario.

My estimate of CO2 generation by fossil fuels in the 21st century is only about one-quarter of the amount (range midpoint) assumed in the 2007 Intergovernmental Panel on Climate Change (IPCC) Report. When differences in estimates of an important variable are this far apart, one starts reaching the “Garbage in, garbage out” problem. This is a persistent problem for all modelers. Even if the climate model is perfect apart from its estimate of future CO2 fossil fuel use, and even if anthropogenic issues are implicated as a cause of recent climate changes, the model with its incorrect estimate of future fossil fuel energy consumption can still be unhelpful for determining needed future actions.

A comparison of energy consumption estimates is shown in Figure 2. My estimate of energy consumption (similar to that in Figure 1) is shown as the Collapse scenario.

Figure 2. Comparison of Energy Consumption Estimates. Climate high and Climate low are based on Figure 1 of this Oil Drum post by DeSousa and Mearns. "Peak oil" is based on  a 2013 estimate by  Energy Watch Group.  Collapse is my estimate, associated with Figure 1 of this post. In all of the estimates, there is an implicit assumption that the fuel mix stays relatively constant.

Figure 2. Comparison of Energy Consumption Estimates. Climate high and Climate low are based on Figure 1 of this Oil Drum post by DeSousa and Mearns. “Peak oil” is based on a 2013 estimate by Energy Watch Group. Collapse is my estimate, associated with Figure 1 of this post. In all of the estimates, there is an implicit assumption that the fuel mix stays relatively constant.

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Will plug-in automobiles be a success?

Will plug-in cars be a success?

If by success, we mean “sell lots of vehicles” the answer is probably “no” unless the price comes down a lot–say 50% from today’s prices, so that price is in line with what common people can afford. People don’t pay more for a car than the loan officer will approve for a loan, plus their available down payment. Today’s high price puts plug-ins out of the price range for most people unless there are huge government subsidies–subsidies that governments cannot afford. The cars have other drawbacks–like limited range and the possible need for expensive battery replacement long after the warranty has expired–further cutting back on the marketability of the cars.

The high cost of plug in vehicles is not just the batteries–it is the cost of the cars themselves. Unless these costs can be brought down, the use of batteries with lower capacity to recapture braking energy and to provide an acceleration boost, similar to the way today’s Prius does today, may be a better choice, and is likely to produce a car which is salable to a wider range of potential buyers.

Even with their drawbacks, I expect plug-in cars will find at least a small market, for a number of reasons that I will explain in this post. One of these reasons is that many people believe that plug-in automobiles will reduce CO2 emissions. In my view, this belief is false–but this belief, as well as a number of other hopes and fears, are likely to lead a steady interest in plug-in automobiles by those wealthy enough to afford them, as well as support by politicians who want to appear to be doing something useful. Continue reading