Not Sylvia Night - November 11, 2009
Where "Global Warming" and "Peak Oil" meetThat place, of course, is the world´s financial market.
"Human Caused Climate Change" is a financial scam, so is the "Peak Oil" paradigm of catastrophic energy shortages in the near future.
Oil and natural gas are not scarce, but actually abundant energy resources. They are also most likely of non-biological origin, as Russian scientists and oil companies have shown for over 50 years.
While the myth of "Global Warming" is used to create new revenues for the financial elites, the myth of a limited supply of "fossil fuels" had been used for creating large profits in the past.
The western financial elites hope to secure those profits in the future by regulating the use of oil, gas and coal through internationally agreed upon CO2 reduction measures, carbon trade agreements and by monopolizing tomorrow´s nuclear energy market. This is one reason why Iran´s civilian nuclear energy program is being so severely opposed by all the governments of the western world that seek to dominate export markets for nuclear installations from India to Brazil. A primary reason also is Israel's demand that it retain technological superiority.
As we have seen in the last post, the theory of "Catastrophic Human Caused Global Warming" neither originated from a large group of scientists nor from environmental grass-roots organizations. Instead it was a long discarded 19th century hypothesis, which was taken out of the dustbin and then proposed by the 1979 British UN Ambassador, who "tickled" the ambition-streak of Margaret Thatcher, the British Prime Minister at the time.
We also saw, that the main argument for a human caused Climate Change, the so-called "Hockey-Stick", has been scientifically discredited for years.
Using mostly official IPCC charts and other research done by the UN "Global Warming" scientists themselves, Dr.David Evans of Science Speak points out that, while there is evidence for some warming of the planet in the last century, there is indeed
No Evidence
that carbon dioxide emissions are the main cause of the recent global warming
And with this conclusion Evans stands in agreement with over 650 leading scientists who, while attending the UN Climate Conference in Poland,
scoffed at doomsday reports of man-made global warming - labeling them variously a lie, a hoax and part of a new religion.
Those international scientists are then quoted in a US-Senate EPW Minority report.
But in spite of more and more counter arguments by the scientific community, especially from climatologists, the "Climate Change" bills, mandating carbon reduction for individuals and industries are rammed through practically all parliaments in the industrialized world.
We once again have to look at the money trail to explain the reasons for this paradox:
The New York Times, reported on November 12, 2008
Goldman Sachs Buys Into Carbon Offsets
Goldman Sachs has recently bought pieces of two carbon-offset companies, in the latest sign of investment banks’ interest in the area......
Carbon offsets are projects that reduce greenhouse gas emissions — thus potentially counterbalancing a rise in emissions elsewhere. Planting trees are the most obvious offset; but other examples include capturing methane (a potent greenhouse gas) from a coal mine, or undertaking a qualified energy-efficiency project. Offsets are used in the European carbon dioxide cap-and-trade system, but have been slow to catch on in this country, where carbon trading is largely voluntary.
And on February 26, 2008 Chris Morrison from the Green Beat branch of the investment website Venture Beat writes:
Will carbon-trading happen? Goldman hopes so, backs APX
APX, a Silicon Valley company that certifies carbon and emissions offset certificates, and which is well-placed to support carbon-trading markets when they emerge, has gotten backing from Goldman Sachs in a $14 million investment, VentureBeat has learned.
Carbon trading is a growing business that could someday come to resemble the world’s largest financial markets.
Today’s emissions markets are generally small and fragmented. In regional U.S. energy markets, utilities are already required to buy electricity from alternative energy sources like geothermal, solar or wind. To prove their use of alternative energy, they’re required to file a certificate tracking their acquisition of the energy units. So this is the beginning of a “transfer” regime that could grow into more.
Meantime, carbon offsetting markets, that corporations buy credits from, are currently voluntary, but in anticipation of future government regulation, they often require similar certifying schemes. However, the source of offsets can vary widely, from alternative energy generation to tree planting projects.
APX acts as part of the intermediary chain between buyer and seller, doing the work of tracking serial numbers on these certificates and the accounts they go into. It’s not glamorous, but having an efficient, scalable back-end will be one of the requirements for building a multi-billion dollar market, as emissions trading may well become.
As today’s small, scattered emissions trading markets grow, they may come to resemble the complex business and regulatory ecosystems of the futures and equities markets, which include various behind-the-scenes businesses similar to APX.
Another indicator that some very serious businesses are becoming involved is one of the new investors in the company’s latest funding: Goldman Sachs, a heavyweight in the New York financial markets.
The largest financial corporation in the world buys into both the "carbon-offset" as well as into the "carbon-trading" market, which is expected to become a multi-billion dollar business.
The reduction of the use of hydro-carbon energy will make large profits to be funneled once again into the financial markets, which then will substitute for the profits the oil companies, in cohorts with the oil producing countries, used to make. While energy demand is fairly inelastic, a generalized increase in end user cost will enrich the well placed.
Why, if "human caused climate change" is a scam, is this substitution necessary?
Because slowly but certainly the knowledge emerges, that these large oil-profits of the past had also been based on a scam - the scam of "resource depletion" caused by over-exploitation of resources due to "exponential global population growth".
The myth of" increasing and catastrophic resource shortages" was initially promoted by the Rockefeller associated "Club of Rome".
Nowadays this scam is most often called the "Peak Oil" problem.
The "Peak Oil" propagandists tell us that oil, as well as natural gas-production, has either already peaked or will in the very near future. After reaching the peak of production a fast decline would make "cheap energy" increasingly scarce. As a consequence, the global economy, dependent on "cheap energy", would contract and eventually crash. This would then cause wide-spread devastation for most of us. And for billions of people all over the globe it would cause constant food-shortages and even starvation.
The catastrophic consequences to global food-production by shortages of oil and gas as energy resources is the first false paradigm promoted by the "Peak Oil" myth.
The second one is, that the world´s economic production is vitally dependent on energy being "cheap".
The reality is, that it isn´t the world´s real, physical economy but the global financial markets which are dependent on energy-resources being "cheap". For today´s actual consumers of energy, for private, industrial or public consumers, oil and gas aren´t actually that "cheap".
It is the large difference between production costs and consumer prices of oil and gas, which for a long time have kept the snake-oil sellers of the big financial corporations afloat. This high price/cost difference in oil production in the past was forced unto global consumers by the monopoly power the large oil-corporations had on the business and the coercive power their main shareholders had on governments all over the world.
The same "monopoly" game is now being started with nuclear energy production, as Dutch researcher Rudo de Ruijter points out in
US-Iran: Raid on nuclear fuel market
In the background of the political joust about Iran, a few countries are reshaping the world. They are taking possession of the global nuclear fuel market. New IAEA regulations should keep newcomers away.
The US, UK, France, Germany, Russia, China and Japan will become the world’s nuclear filling stations. Under the auspices of the IAEA these suppliers will dictate the rules, the prices and the currencies they want to get paid in.
Iran has become the pretext and test case for their plans.
However, like the "man-made Global Warming" myth, the "Peak-Oil" myth is now being contradicted by the facts, which even part of the mainstream media can no longer ignore:
On January 18, 2008 the British Times reports:
World not running out of oil, say experts
A landmark study of more than 800 oilfields by Cambridge Energy Research Associates (Cera) has concluded that rates of decline are only 4.5 per cent a year, almost half the rate previously believed, leading the consultancy to conclude that oil output will continue to rise over the next decade.
Peter Jackson, the report's author, said: “We will be able to grow supply to well over 100million barrels per day by 2017.” Current world oil output is in the region of 85million barrels a day.
But not only do western experts now concede, that there is far more oil in the ground, than they have previously admitted to, but there are also a growing number of western geologists who finally are starting to challenge the 18th century theory of "fossil" fuel, something the Russians have done over half a century ago.
William Engdahl writes about this in his "Confessions of an “ex” Peak Oil Believer"
Engdahl explains that for the Soviets it actually was "Necessity" which became "the mother of invention"
In the 1950’s the Soviet Union faced ‘Iron Curtain’ isolation from the West. The Cold War was in high gear. Russia had little oil to fuel its economy. Finding sufficient oil indigenously was a national security priority of the highest order.
Scientists at the Institute of the Physics of the Earth of the Russian Academy of Sciences and the Institute of Geological Sciences of the Ukraine Academy of Sciences began a fundamental inquiry in the late 1940’s: where does oil come from?
In 1956, Prof. Vladimir Porfir’yev announced their conclusions: ‘Crude oil and natural petroleum gas have no intrinsic connection with biological matter originating near the surface of the earth. They are primordial materials which have been erupted from great depths.’ The Soviet geologists had turned Western orthodox geology on its head. They called their theory of oil origin the ‘a-biotic’ theory—non-biological—to distinguish from the Western biological theory of origins.
If they were right, oil supply on earth would be limited only by the amount of hydrocarbon constituents present deep in the earth at the time of the earth’s formation. Availability of oil would depend only on technology to drill ultra-deep wells and explore into the earth’s inner regions. They also realized old fields could be revived to continue producing, so called self-replentishing fields. They argued that oil is formed deep in the earth, formed in conditions of very high temperature and very high pressure, like that required for diamonds to form. ‘Oil is a primordial material of deep origin which is transported at high pressure via ‘cold’ eruptive processes into the crust of the earth,’ Porfir’yev stated. His team dismissed the idea that oil is was biological residue of plant and animal fossil remains as a hoax designed to perpetuate the myth of limited supply.
The Soviets then started to tailor their oil-explorations accordingly:
Following their a-biotic or non-fossil theory of the deep origins of petroleum, the Russian and Ukrainian petroleum geophysicists and chemists began with a detailed analysis of the tectonic history and geological structure of the crystalline basement of the Dnieper-Donets Basin. After a tectonic and deep structural analysis of the area, they made geophysical and geochemical investigations.
A total of sixty one wells were drilled, of which thirty seven were commercially productive, an extremely impressive exploration success rate of almost sixty percent. The size of the field discovered compared with the North Slope of Alaska. By contrast, US wildcat drilling was considered successful with a ten percent success rate. Nine of ten wells are typically “dry holes.”...
While the American oil multinationals were busy controlling the easily accessible large fields of Saudi Arabia, Kuwait, Iran and other areas of cheap, abundant oil during the 1960’s, the Russians were busy testing their alternative theory. They began drilling in a supposedly barren region of Siberia. There they developed eleven major oil fields and one Giant field based on their deep ‘a-biotic’ geological estimates. They drilled into crystalline basement rock and hit black gold of a scale comparable to the Alaska North Slope.
They then went to Vietnam in the 1980s and offered to finance drilling costs to show their new geological theory worked. The Russian company Petrosov drilled in Vietnam’s White Tiger oilfield offshore into basalt rock some 17,000 feet down and extracted 6,000 barrels a day of oil to feed the energy-starved Vietnam economy. In the USSR, a-biotic-trained Russian geologists perfected their knowledge and the USSR emerged as the world’s largest oil producer by the mid-1980’s.
With the fall of the Iron Curtain the Russian oil-theory became far more available to scientists and lay people in the western world. Enthusiastically embracing free-market doctrines in the 1990s the Russian oil experts initially offered to share their expertise with the western world. But they were rebuffed in their overtures.
Obviously a theory which contradicts the scarcity myth would cut into the profits of the western oil-corporations.
The Russian oil-companies at home, however, kept on working the same way they had done for nearly half a century. Well after the dissolution of the USSR, in the early 1990’s, they went on using the a-biotic petroleum theory
to drill for oil and gas in a region believed for more than forty-five years, to be geologically barren—the Dnieper-Donets Basin in the region between Russia and Ukraine.
And while the well-paid scientists of the western oil-companies rejected the theory, others did not. Raymond J. Learsy quotes the western proponents of the abiotic oil-theory in the Huffington Post:
The modern Russian-Ukrainian theory of deep, abiotic petroleum origins recognizes that petroleum is a primordial material of deep origin which has been erupted into the crust of the Earth. In short, and bluntly, petroleum is not a "fossil fuel" and has no intrinsic connection with dead dinosaurs (or any other biological detritus) "in the sediments" (or anywhere else)...
The modern Russian-Ukrainian theory of petroleum is based upon rigorous scientific reasoning, consistent with the laws of physics and chemistry, as well as upon extensive geological observation, and rests squarely in the mainstream of modern physics and chemistry, from which it draws its provenance.
Much of the modern Russian theory of deep, abiotic petroleum genesis developed from the sciences of chemistry and thermodynamics, and accordingly the modern theory has steadfastly held as a central tenet that the generation of hydrocarbons must conform to the general laws of chemical thermodynamics, - as must likewise all matter.
In such respect, modern Russian-Ukrainian petroleum science contrasts strongly to what are too often passed off as "theories" in the field of geology in Britain and the U.S.A.
The wall western multinational oil-companies had put up against scientifically based research to save their scarcity paradigm is obviously crumbling as was to be expected at least since the fall of the Iron Wall. More and more western scientific research supporting the long established and well tested Russian theories is now being published, as in the right-wing WorldNetDaily, which cites geologist and researcher Giora Proskurowski who, in a study published in Science Magazine
presented new evidence supporting the abiotic theory for the origin of oil...
While organic theorists have posited that the material required to produce hydrocarbons in sedimentary rock came from dinosaurs and ancient forests, more recent argument have suggested living organisms as small as plankton may have been the origin.
The abiotic theory argues, in contrast, that hydrocarbons are naturally produced on a continual basis throughout the solar system, including within the mantle of the earth. The advocates believe the oil seeps up through bedrock cracks to deposit in sedimentary rock. Traditional petro-geologists, they say, have confused the rock as the originator rather than the depository of the hydrocarbons....
Lost City is a hypothermal field some 2,100 feet below sea level that sits along the Mid-Atlantic Ridge at the center of the Atlantic Ocean, noted for strange 90 to 200 foot white towers on the sea bottom.
In 2003 and again in 2005, Proskurowski and his team descended in a scientific submarine to collect liquid bubbling up from Lost City sea vents.
Proskurowski found hydrocarbons containing carbon-13 isotopes that appeared to be formed from the mantle of the Earth, rather than from biological material settled on the ocean floor.
Carbon 13 is the carbon isotope scientists associate with abiotic origin, compared to Carbon 12 that scientists typically associate with biological origin.
Proskurowski argued that the hydrocarbons found in the natural hydrothermal fluids coming out of the Lost City sea vents is attributable to abiotic production by Fischer-Tropsch, or FTT, reactions.
The Fischer-Tropsch equations were first developed by Nazi scientists who created methodologies for producing synthetic oil from coal.
"Our findings illustrate that the abiotic synthesis of hydrocarbons in nature may occur in the presence of ultramafic rocks, water and moderate amounts of heat," Proskurowski wrote.
The study also confirmed a major argument of Cornell University physicist Thomas Gold, who argued in his book "The Deep Hot Biosphere: The Myth of Fossil Fuels" that micro-organisms found in oil might have come from the mantle of the earth where, absent photosynthesis, the micro-organisms feed on hydrocarbons arising from the earth's mantle in the dark depths of the ocean floors.
Another piece of evidence for the abiotic origin of oil, are several experimental studies done recently:
Alexander Goncharov, a geophysicist at the Carnegie Institution ()
and his colleagues in Russia and Sweden have experimentally shown for the first time that ethane and heavier hydrocarbons can be produced under the pressure and temperature conditions of the upper mantle, the slightly viscous layer of the earth directly below the crust. Their research was published () in Nature Geoscience.
"Our results provide a link which was previously missing or was doubtful because of a lack of in situ measurements ... for the upper mantle conditions," Goncharov said. "Thus, our work suggests there is a possibility for the [abiogenic] oil formation in the deep earth and that there is a potential to find more oil fields than expected if one assumes that oil could be formed only biogenically."
The researchers used a diamond anvil cell and a laser heat source to subject methane -- a primary component of natural gas -- to conditions that mimic the earth at 40 to 95 miles deep...................
Under those conditions, the methane reacted and formed petrochemical feedstock ethane and propane and butane, which are used as fuels, as well as molecular hydrogen and graphite. When the ethane was subjected to the same conditions, it formed methane, suggesting heavier hydrocarbons could exist deep under the earth's surface.
Barry Katz, a geochemist at Chevron Corp., agreed.
"I don't disagree with the idea," Katz said. "I disagree with the idea of commercial quantities. There's no question that it's coming out of the system. However, it's not coming out in commercial quantities."
Katz is acting like a true corporate hack. Russian, Ukrainian and Vietnamese oil producers have proved that there is indeed oil to be found at great depth and in commercial quantities.
According to an interview with oil-expert Dr. Kenney
Russian and Ukrainian scientists found
that a continuous reaction occurs naturally at a depth of approximately 100 km at a pressure of approximately 50,000 atmospheres (5 GPa) and a temperature of approximately 1500°C, and will continue more or less until the ‘death’ of planet earth in millions of years’ time. The high pressure causes oil to continuously seep up along fissures in the earth’s crust into subterranean caverns, which we call oil fields.
As the "Global Warming" myth is designed to put a large economic burden on the world population and hinder developing countries from rising up from poverty, so would the acceptance of the "Peak Oil" myth become the justification for endless wars in the Middle East, South America or the Caucasus, where we in the West are told we need to protect the "scarce resources" from the grab of the Chinese.
The predictions of ‘cataclysmic hurricanes’ that would be stronger due to global warming are also not coming true. A 
Posts
