English references

It has the world's largest reserves, produces comparatively little, and has a type of oil that the US needs. […] Over the weekend, the United States bombed Venezuela, and captured its president Nicolás Maduro. There has been a lot of speculation about the legality, true motive and implications going forward. Oil has been a central part of the discussion. I wanted to get a quick overview of what the global picture looks like. So here are five(ish) simple charts that give some context on the history of oil in Venezuela, and why the United States — which is, by far, the world’s largest producer itself — would care so much.

There are four key ways of measuring energy. These metrics capture the transformations and losses that occur across the energy chain. The differences between the first stage (‘primary energy’) and the last (‘useful energy’) can be very large. This means it’s important to be clear about which metric is being referred to when people speak about data on “energy”. In this post I explain these four metrics.

Since the turn of the millennium, the world has been losing around 5 million hectares of forest every year. Nearly all of this occurs in the tropics; almost half of all deforestation takes place in Brazil and Indonesia. Three-quarters is driven by agriculture. Beef production is responsible for 41% of deforestation; palm oil and soybeans account for another 18%; and logging for paper and wood across the tropics, another 13%. These industries are also dominant in a few key countries.