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James Stafford

James Stafford

James Stafford is the Editor of Oilprice.com

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Leave a comment
  • Mark Goldes on July 20 2012 said:
    Three Ticking Time Bombs all impact our energy landscape.

    The first is little recognized potential for a strong solar storm to cause blackouts lasting for months.

    Nuclear plants without grid power for two weeks are meltdown candidates.

    New technology, invented by Advanced Fusion Systems in CT, can protect the approximately 20,000 huge transformers and thereby prevent a nuclear nightmare.
    (Note: I have no financial interest in AFS).

    Installing these devices worldwide, as fast as possible, can help to reboot the economy.

    Adding 50 million more solar roofs to accelerate distributed generation would also help. That will need some minor new rerouting technology and on-site energy storage.

    The second Time Bomb is the fuel pools at Fukushima.
    Pool #4 is 100 feet in the air in a bulging building that is expected to collapse in a 7.0 earthquake. There is a 98% probability of such a quake within 3 years. The radioactivity that would be released if the pools collapse can have a huge impact on all of the Northern hemisphere. It might be similar to a nuclear exchange during the cold war.

    Finally, we come to the Third Time Bomb, climate change.

    If we do what is wise to prevent the first Time Bomb from causing a cataclysm, rapid replacement of fossil fuels will become extremely urgent.

    See the Aesop Institute website for more about all.
  • JP on July 20 2012 said:
    Totally agree, but I think the Fukushima time bomb is much closer to reality than an EMP.
    For what it's worth. Stocking p on batteries, fuel and potassium iodide is fundamental at this point.
  • Mark Goldes on July 21 2012 said:
    That may prove correct.

    However, we are approaching the peak period for solar storm activity in this 11 year cycle.

    Both Time Bombs are very dangerous.
  • Vinny on July 21 2012 said:
    Funtastic, now can we learn what went wrong with the cold fusion dealeo? That's the giant in the room.

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