Articles by: Luciano Celi

The real Energy Return of Crude Oil: smaller than you would have imagined

The real Energy Return of Crude Oil: smaller than you would have imagined

A simple but important study by Luciano Celi shows what is the real energy return that oil companies manage to attain. Much smaller than you would have believed, in several cases it is today well below 10. Which means that renewable energies already produce a larger EROI than oil and gas. No more excuses for not switching to renewables as fast[Read More…]

by 09/03/2019 Comments are Disabled Resource Crisis, Alternative Energy