Sign In or Create an Account.

By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy

Sparks

Venezuela Essentially Approves a Petrowar

The country votes to annex their oil-rich neighbor, Guyana.

Nicolas Maduro.
Heatmap Illustration/Getty Images

Under pressure from the U.S. to hold a free and fair election, Venezuela’s President Nicolás Maduro upped the ante. On Sunday, the nation went to the polls — to vote to invade its neighbor and the world’s newest petrostate, Guyana.

Approval was seemingly swift and suspiciously overwhelming. According to the Venezuelan National Electoral Council, the ballot’s five-question referendum — which culminated in asking if Caracas should incorporate Guyana’s Essequibo region “into the map of Venezuelan territory” — passed by a margin of 95%.

Calling the vote a free or fair election might be a bit of a stretch; local opponents seized on the fact that the National Electoral Council touted “10.5 million votes cast,” rather than the overall number of voters, meaning that — given the five ballot questions — potentially as few as 2 million people actually turned out to vote in the nation of 28.2 million. Reuters also reported that lines were scarce at voting centers.

Still, snatching the Essequibo region, which makes up about two-thirds of Guyana and is roughly the size of Florida, is popular among Venezuelans due to a controversial 1899 decision by an international tribunal that gave the territory to what was then the British colony of Guiana. Venezuelans have long considered themselves to have been swindled by Western powers in the deal, with decades of revanchist schooling and local propaganda making the Essequibo issue an easy and appealing way for Maduro to shore up domestic support.

It remains unclear, though, how far Venezuela might go in the enforcement of its claim on the land, CNN notes. International Court of Justice President Joan E. Donoghue has nevertheless warned that Caracas appears to be “taking steps with a view toward acquiring control over and administering the territory in dispute.” Comparisons to Russia’s invasion of Ukraine and Argentina’s 1982 invasion of the Falkland Islands are already popping up, with commentators wondering what President Biden will do if the crisis escalates to actual fighting — and on America’s hemispheric doorstep, no less.

Many experts on the region also say the referendum, and any ensuing land grab, are distractions meant to bolster nationalist sentiment and Maduro’s popularity during a time of domestic turmoil and outside pressure for a leadership change. But it’s hardly a coincidence that the land in dispute is oil-rich — and newly considered to be so. Guyana was a poor, remote, and tiny neighbor to Venezuela before the discovery of oil offshore (and in Essequibo) in 2015. Now the country is thought to be sitting on 11 billion recoverable barrels and international oil companies are jostling for a go at the reserves, even as Guyana faces the irony of being especially susceptible to climate change.

The easy comparison between the two oil states makes the situation even more bruising for Caracas: Guyana is now “set to surpass the oil production of Venezuela,” CNN writes, while the latter country’s production has dropped from a height of 3 million barrels per day in 1999 to a mere 700,000 barrels per day this year, due to ongoing mismanagement and U.S. sanctions. No wonder the oil reserves just across the border look so tempting.

Perhaps, then, this will be the way the world’s next oil war starts: Not with a bang but with a vote.

You’re out of free articles.

Subscribe to access Heatmap’s expert analysis of climate change, clean energy, and sustainability. Save $57 on an annual subscription, just $156 $99/year.
To continue reading
Create a free account or sign in to unlock more free articles.
or
Please enter an email address
By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy
Sparks

Koloma Strikes New Hydrogen Exploration Deal in the Philippines

The deal, shared exclusively with Heatmap, is the startup’s third in the oil-importing country.

A Koloma worker.
Heatmap Illustration/Koloma, Getty Images

Hydrogen fuel comes in myriad forms. There’s green hydrogen, which is extracted from water molecules using zero-carbon electricity. There’s blue hydrogen, derived from methane and scrubbed clean by carbon capture. And then there’s white hydrogen. Otherwise known as natural or geologic hydrogen, this type of hydrogen comes directly from naturally occurring deposits in the earth, can accumulate in considerable quantities and concentrations, and is highly energy-efficient to extract compared to manufacturing pathways such as electrolyzers and steam methane reforming.

It’s a seductive promise, but finding deposits with enough hydrogen to make the economics of exploration work is difficult. That’s where Koloma comes in. The startup uses a bespoke subsurface data set, which its founders developed over 20-plus years, to flag the areas most likely to hold sufficient hydrogen, after which they can extract it for power and derivative fuels.

Keep reading...Show less
Yellow
Sparks

Data Centers Will Use Enough Electricity to Power Every U.S. Household by 2035

The latest forecast from BloombergNEF raises its estimate for AI electricity demand by 83%.

A data center and power lines.
Heatmap Illustration/Getty Images

Energy analysts at BloombergNEF predicted last year that U.S. data center electricity demand would reach 106 gigawatts within the next decade. In its latest outlook, released Tuesday, the group increased its forecast by 83%, to 194 gigawatts — enough to light up 150 million homes, or roughly every single household in the country today.

Even that may be a conservative estimate. If data center developers were to max out the total number of the high-powered chips used to train and operate AI models forecast to be delivered by 2035, electricity demand would reach 229 gigawatts.

Keep reading...Show less
Green
Sparks

Microsoft Sustainability Chief Hounded by Protestors at Seattle Climate Week

“Microsoft, you can’t hide, we can see your dirty side!”

Melanie Nakagawa.
Heatmap Illustration/Getty Images, Katie Brigham

Protestors interrupted one of the final sessions of PNW Climate Week — a conference that brings together climate leaders across Washington, Oregon, and British Columbia — objecting to Microsoft’s rising carbon emissions from data centers and partnerships with oil and gas companies. The company’s Chief Sustainability Officer Melanie Nakagawa was having a one on one conversation with GeekWire climate reporter Lisa Stiffler at Seattle’s City Hall when protestors carrying signs reading “Microsoft’s AI pollutes” and other slogans began shouting from the audience.

I was there, having just moderated the prior panel on how to finance Washington’s clean energy ambitions. Early on there were some rumblings in the crowd from up front. “Climate leaders don’t build gas pipelines in Moses Lake,” was the first objection I heard clearly. It came shortly after Nakagawa kicked off the conversation by highlighting Microsoft’s partnership with sustainable aviation fuel startup Twelve, which recently opened its first commercial-scale SAF plant in Moses Lake, Washington. The tech giant has supported the project through a strategic investment from its Climate Innovation Fund, as well as an offtake agreement for the fuel that will help offset its emissions from employee travel.

Keep reading...Show less