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  • Climate change already a reality in Africa

    NAIROBI (AFP) – From prolonged droughts to melting ice caps to heavy flooding and unpredictable weather patterns, climate change effects are already wrecking lives in Africa, the continent that pollutes the least.

    Around 23 million people currently face starvation across east Africa as successive failed rainy seasons have decimated crops, livestock [...]

    Posted: November 26, 2009, 8:15am EST
  • Going hungry in the land of plenty

    As Americans sit down for the traditional Thanksgiving meal, it's worth pausing to consider how some new food statistics reflect the state of our nation and our times.

    On one level, there's something to give thanks for. Menu items for that classic dinner — turkey, stuffing, cranberry sauce, pumpkin pie and [...]

    Posted: November 26, 2009, 7:07am EST
  • China announces plan to boost energy efficiency

    China announced plans Thursday to sharply boost its energy efficiency by slowing the growth of carbon emissions as part of its contribution to the fight against global warming.

    The State Council announcement ahead of next month's Copenhagen climate summit pledges that China will cut carbon dioxide emissions per unit of gross [...]

    Posted: November 26, 2009, 5:06am EST
  • The oil is running out: Mexican president

    Mexican President Felipe Calderon says Mexico's “is running out,” and calls the problem “very serious.”

    Production is falling at Mexico's old, shallow-water offshore fields and the country has yet to exploit is potential deep-water reserves. [...]

    Posted: November 26, 2009, 5:03am EST
  • Green Energy Rush Could Crash Bulgaria Power Grid

    A rush to cash in on incentives to develop renewable energy projects in Bulgaria could end up in so much new supply it could cause blackouts on the national grid, the operator told Reuters on Tuesday.

    Ivan Ayolov, chief executive of the state electricity system operator (ESO) said in an interview [...]

    Posted: November 26, 2009, 5:00am EST
  • Planet approaching point of no return, experts warn

    The Earth's temperature is continuing to rise, the Greenland and the Antarctic ice sheets are losing mass at an increasing rate and the global warming could reach as high as 7 degrees by the turn of the century if greenhouse gases grow unabated, a r review of climate science over [...]
    Posted: November 26, 2009, 4:58am EST
  • Moscow retreats from Ukraine bypass strategy

    Russian Energy Minister Sergei Shmatko declared on November 16 that the Nord Stream pipeline on the Baltic seabed would not be used for diverting gas volumes away from Ukraine's transit pipelines to Europe. In effect, this statement acknowledges that the Nord Stream pipeline, from Russia directly to Germany, is not [...]
    Posted: November 26, 2009, 4:53am EST
  • Turning Seaweed into the Fuel of the Future

    Seaweed holds promise as more than an ingredient in a purifying face mask or a maki roll.

    So say researchers at E.I. du Pont de Nemours & Co., which alongside Seattle-based Bio Architecture Lab (BAL) has secured $9 million from the Department of Energy to explore seaweed's potential as a feedstock [...]

    Posted: November 26, 2009, 4:50am EST
  • Kuwait, Iraq discuss border oilfields

    Iraq and Kuwait are engaged in "technical negotiations" to strike a deal over production from border oilfields that have been at the heart of previous conflicts, a Kuwaiti oil official has said.

    "Consultations are ongoing to select the best mechanism that fairly guarantees the rights of both sides and serves" [...]

    Posted: November 26, 2009, 12:45am EST
  • China's booming car sales, falling gas usage stump analysts

    Data 'disconnect' prompts suspicion, closer look at gasoline consumption

    HONG KONG (MarketWatch) -- A sharp rise in Chinese car sales and vehicle ownership hasn't been reflected in nationwide gasoline consumption this year, an anomaly that has some analysts scratching their heads in the search for answers.

    The disconnect has sparked a' [...]

    Posted: November 26, 2009, 12:15am EST
  • Obama official slams oil industry

    Interior Secretary Ken Salazar fired back at critics of the federal government's oil and gas leasing program on Tuesday, saying the oil industry was acting “like an arm of a political party.”

    In a conference call with reporters to announce oil and gas lease sales on federal land for 2010, Salazar [...]

    Posted: November 25, 2009, 11:48pm EST
  • China's backing on Iran followed dire predictions

    Two weeks before President Obama visited China, two senior White House officials traveled to Beijing on a "special mission" to try to persuade China to pressure Iran to give up its alleged nuclear weapons program.

    If Beijing did not help the United States on this issue, the consequences could be [...]

    Posted: November 25, 2009, 11:44pm EST
  • Peak Oil, the Decline of the North Sea and Britain's Energy Future

    A paper to accompany the presentation to the All Party Parliamentary Group on Peak Oil, Tuesday 24th November 2009

    We are so often told about the problems of climate change by the various political parties in Britain, but in fact the changing climate is just one of a number of factors [...]

    Posted: November 25, 2009, 11:11pm EST
  • Kurt Cobb: The trouble with apocalypse

    The trouble with apocalypse is that most people have already seen it at the movie theater, watched it on television, read it in a book, or heard all about it from the pulpit. So inundated with the language of crisis are we that we have become immune to it. From [...]
    Posted: November 25, 2009, 10:08pm EST
  • Peak oil review - Nov 23

    1. Production and prices

    2. Will China continue to grow?

    3. Copenhagen

    4. Uranium

    Quote of the Week

    The Briefs [...]

    Posted: November 25, 2009, 8:59pm EST
  • CO2 levels keep rising as key climate talks loom

    Scientist: ‘Coin-flip odds for serious outcomes for our planet’

    MAUNA LOA OBSERVATORY, Hawaii - The readings at this 2-mile-high station show a troubling upward curve as the world counts down to crucial climate talks: Global warming gases are building in the atmosphere at record levels from emissions that match scientists' worst-case' [...]

    Posted: November 25, 2009, 8:55pm EST
  • Optimism for greentech sector points to more IPOs

    SAN FRANCISCO (Reuters) - Purse strings are loosening, new bets are being placed, and cautious optimism has caught on in the green technology sector.

    With oil prices up sharply and the U.S. economy steady, the emerging green technology industry is seen moving back to a growth path from a sheer survival [...]

    Posted: November 25, 2009, 8:52pm EST
  • Oil pricing agencies battle over benchmarks

    LONDON (Reuters) - How much does a barrel of oil cost? With billions of dollars at stake, sometimes the answer depends who is doing the asking.

    The most visible answer is the figure flashing up on futures screens across the financial globe. [...]

    Posted: November 25, 2009, 8:48pm EST
  • Oil price-play set to boost crude storage at sea

    NEW YORK/LONDON (Reuters) - Offshore crude storage, which has declined sharply from record levels in April, may rise again in the U.S. Gulf as front-month U.S. oil futures trade at a steep discount to barrels for later delivery.

    The volume of crude oil stored in tankers globally has dipped to between [...]

    Posted: November 25, 2009, 8:47pm EST
  • Detailing Accelerating Indicators of Climate Change In Last Three Years

    A team of 26 climate scientists from Australia, Austria, Canada, France, Germany, Switzerland, the United Kingdom, and the United States have published the “Copenhagen Diagnosis”, an interim synthesis report on developments in climate change science from mid-2006 to the present day. The report points out that many key harbingers of [...]

    Posted: November 25, 2009, 8:19pm EST
  • New Techniques Oil Companies are Using in Drilling for Oil

    As the politics and philosophical arguments about “Peak Oil” continue to rage, science continues to move steadily onward, progressively creating new and better ways to both find and extract oil that we never could have previously discovered, as well as get a lot more bang for our buck by more [...]

    Posted: November 25, 2009, 8:18pm EST
  • Obama's planned attendance at Copenhagen turns up heat on Harper

    President Barack Obama will pledge to reduce America's greenhouse gas emissions "in the range of 17 per cent below 2005 levels" by 2020 when he attends next month's climate change summit in Copenhagen, the White House said Wednesday. [...]

    Posted: November 25, 2009, 8:14pm EST
  • Solar Industry Starting to Heat Up the Market

    After years of over promising and under delivering, the solar industry is finally starting to show some interesting developments that have the potential to make solar power as cheap as fossil fuel on a cost-per-watt basis within five years.

    Getting us to that state, called grid parity, would require solar companies [...]

    Posted: November 25, 2009, 8:13pm EST
  • Naomi Klein on Climate Debt

    Why Rich Countries Should Pay Reparations To Poor Countries For The Climate Crisis.

    With the Copenhagen climate summit two weeks away, best-selling journalist Naomi Klein examines the grass-roots movement behind the climate debate proposal that argues all the costs associated with adapting to a more hostile ecology—everything from building stronger sea [...]

    Posted: November 25, 2009, 5:27pm EST
  • Pretending the climate email leak isn't a crisis won't make it go away

    I have seldom felt so alone. Confronted with crisis, most of the environmentalists I know have gone into denial. The emails hacked from the Climatic Research Unit (CRU) at the University of East Anglia, they say, are a storm in a tea cup, no big deal, exaggerated out of all [...]

    Posted: November 25, 2009, 5:18pm EST
  • Alaska to auction petroleum rights in disputed Arctic waters

    The Alaskan government has announced plans to auction oil and gas exploration rights in a disputed section of the Beaufort Sea along the Yukon-Alaska border — a move that has also prompted Canada to lodge a protest with Washington, Canwest News Service has learned.

    Foreign Affairs officials acknowledged Tuesday that the [...]

    Posted: November 25, 2009, 5:15pm EST
  • FACTBOX - Attacks in the Gulf of Guinea

    (Reuters) - Pirates attacked an oil tanker off the coast of Benin on Tuesday, killing a Ukrainian officer and stealing the contents of the ship's safe, the head of the West African country's navy said.

    Africa's Gulf of Guinea nations have been struggling with mounting threats from piracy and kidnappings [...]

    Posted: November 25, 2009, 5:14pm EST
  • The Case Against An Energy Comeback

    Demand needs more than recovery to surge.

    The accelerating rise in commodities prices may leave energy behind. Even if the economy recovers next year as expected, energy consumption in the industrialized world fell so far, so fast, that it will struggle just to meet 2007 levels.

    Barclays Capital estimates that oil demand [...]

    Posted: November 25, 2009, 4:11pm EST
  • The oil-economy connection

    Saudi ArabiaÂ’s oil production company is Saudi Aramco. Its former Vice President of oil exploration and production, Sadad al Husseini, recently made the following comment on oil prices at the 30th Oil & Money Conference, held in London on October 20-21: Â… as you go up to say $90 a [...]
    Posted: November 25, 2009, 2:05pm EST
  • Jeff Rubin: Why the U.S., China are about to get divorced

    The U.S.–China economic accord was the apex of globalization. It was a virtuous and seemingly self-reinforcing circle of trade and capital flows between communism’s last stand and capitalism’s fallen angel. The rapacious American consumer dined on China’s cheap labor while the savings of Chinese workers, recycled into the Treasuries market, [...]
    Posted: November 25, 2009, 1:03pm EST
  • Energy Push Spurs Shift in U.S. Science

    OAK RIDGE, Tenn. -- The Obama administration's push to solve the nation's energy problems, a massive federal program that rivals the Manhattan Project, is spurring a once-in-a-generation shift in U.S. science.

    The government's multibillion-dollar push into energy research is reinvigorating 17 giant U.S.-funded research facilities, from the Oak Ridge National Laboratory [...]

    Posted: November 25, 2009, 12:31pm EST
  • T. Boone Pickens: End the Mideast Oil Addiction

    It's high time we had a plan to replace imported oil with domestic natural gas.

    My father once said that a fool with a plan can beat a genius with no plan. Well, when it comes to energy--especially oil--China is certainly giving the U.S. a drubbing.

    The U.S. is the largest economy [...]

    Posted: November 25, 2009, 11:25am EST
  • Peak Gold, Easier to Model than Peak Oil? - Part I

    This is a guest post by Jean Laherrère on gold. Although of little relevance to our economies in the present day, this precious metal has been used as money for many thousands of years, and still retains its importance and value. In a two part article, Jean analyses how gold [...]

    Posted: November 25, 2009, 10:58am EST
  • Scientists announce proof of mega-droughts

    FRESNO, Calif. - While Californians worry about the three-year drought dragging on another season, researchers say climate change soon could create much longer dry spells - lasting decades or even centuries.

    Scientists from the University of California, Davis, this month announced the first proof of such mega-droughts after studying mineral formations [...]

    Posted: November 25, 2009, 10:07am EST
  • Peak Oil : IEA's predictions seeming more and more infeasible with time

    On November 9, the Uppsala University in Sweden published a report titled "The Peak of the Oil Age - The Uppsala World Energy Outlook". The report performs an analysis of the oil production forecast done by the International Energy Agency in 2008. One day before the release of the IEA [...]
    Posted: November 25, 2009, 6:30am EST
  • Kunstler: Courting Convulsion

    ...What's going on in the US economy is a slow-motion convulsion from which we will emerge as a very different nation with a different economy. The wild irresponsibility of the media in pretending otherwise is only going to make the convulsion worse, more painful, more socially and politically destructive. The [...]
    Posted: November 25, 2009, 2:43am EST
  • Peak Oil Reality: Industry Experts Offer Growing Drumbeat of Supply Warnings

    DENVER, Nov 24, 2009 /PRNewswire-USNewswire via COMTEX/ ----Newly-released videotaped remarks reinforce statements by senior petroleum industry officials about looming world oil supply constraints

    Groups and individuals speaking out about forthcoming world oil supply challenges are frequently stereotyped as a fringe element with little knowledge about the oil industry. But their warnings [...]

    Posted: November 25, 2009, 1:56am EST
  • Why UgandaÂ’s oil is like prostitutes and gamblers

    I was quite tickled that Mr Tony Buckingham, the shrewd ex-mercenary and chief of Heritage Oil, is set to make £80million (Shs240 billion) from selling its lucrative oil fields in Uganda.

    Buckingham has done a deal to flog his companyÂ’s oil fields in western Uganda to Eni of Italy for a [...]

    Posted: November 25, 2009, 1:50am EST
  • Iran gains $5 billion by shifting from US dollar

    The head of Iran's Central Bank says the country has gained 5 billion dollars by excluding the US dollar from its currency basket and replacing it with the euro.

    "Iran has considerably reduced the total of US dollars in its currency basket," said Mahmoud Bahmani in Tehran at the 3rd Seminar [...]

    Posted: November 24, 2009, 7:43pm EST
  • Paul Ehrlich on Late Night Live

    Paul Ehrlich's book, The Population Bomb (1968), caused great controversy with its predictions of mass starvation in the 70s and 80s due to over-population. Forty years later, with the world's population almost doubled in that time, Ehrlich's main message is increasingly relevant - that the earth has a finite carrying [...]
    Posted: November 24, 2009, 6:34pm EST
  • Biochar Company Charged With Fraudulent "Ponzi" Scheme Scheme

    Environmental campaigners warn that a lawsuit over fraud against a company claiming to be the worldÂ’s largest manufacturer and distributor of biochar presents a stark warning of the dangers of the scramble for funding for unproven climate change techno-fixes. [...]

    Posted: November 24, 2009, 5:11pm EST
  • Climate change quickens, seas feared up 2 meters

    OSLO (Reuters) - Global warming is happening faster than expected and at worst could raise sea levels by up to 2 meters (6-1/2 ft) by 2100, a group of scientists said on Tuesday in a warning to next month's U.N. climate summit in Copenhagen.

    In what they called a "Copenhagen Diagnosis," [...]

    Posted: November 24, 2009, 4:33pm EST
  • Climate change fears spark ‘new nuclear ageÂ’

    Even some green groups now see power source as ‘part of the answer’

    LONDON - Nuclear power — long considered environmentally hazardous — is emerging as perhaps the world's most unlikely weapon against climate change, with the backing of even some green activists who once campaigned against it.

    It has been [...]

    Posted: November 24, 2009, 3:48pm EST
  • Peak globalization

    Wishful thinking or apocalyptic doom forecasting? Fred Curtis, an economist at Drew University, has put together a mashup of peak oil, global warming, and patterns in global trade liberalization and arrived at the principle of "Peak Globalization." A double whammy of higher energy costs and extreme climate events will disrupt [...]
    Posted: November 24, 2009, 3:31pm EST
  • We the Six Billion: The Ammonia Economy (part 2)

    Last week I wrote about a talk by Matt Simmons at which he proposed a solution to a predicted world shortage of water and petroleum: offshore wind generators to produce fresh water and ammonia from wind, air and sea water. I promised this week to explain why we could not [...]
    Posted: November 24, 2009, 2:49pm EST
  • Kuwait Could Switch To Argus Pricing For Oil From WTI - Sources

    DUBAI (Zawya Dow Jones)--Kuwait could switch the pricing of its crude sold to U.S. customers to the Argus Sour Crude Index, or ASCI, from Platt's West Texas Intermediate, or WTI, following in the footsteps of Saudi Arabia, Kuwaiti oil officials said.

    "Kuwait could look at it definitely because we don't think'" [...]

    Posted: November 24, 2009, 1:32pm EST
  • Oil tanker attacked by pirates off W. Africa

    COTONOU — Pirates attacked an oil tanker off the coast of west Africa, killing a Ukrainian seaman, the commander of Benin's naval forces told AFP Tuesday.

    "The death that we have is the chief mechanic, who is responsible for the engines. He is Ukrainian. The captain, a Lithuanian, is not hurt," [...]

    Posted: November 24, 2009, 12:48pm EST
  • A Vision Faces an Environmental Test

    MICHES, Dominican Republic — From a development perspective, this town has a few problems.

    It is 60 miles from the nearest airport, a three-hour drive on roads so bad the trip can be nauseating. Electricity is erratic, drinking water is contaminated, the beach in town is littered with trash and nearby [...]

    Posted: November 24, 2009, 12:46pm EST
  • Denver duo bilked seniors in green scheme: SEC

    The Securities and Exchange Commission today charged two companies – including a Colorado-based financial planning firm – with conning senior citizens out of their retirement money with outlandish claims about investing in a shady bio-tech startup.

    According to the SEC complaint, advisory firm Speed of Wealth convinced more than 300 investors, [...]

    Posted: November 24, 2009, 12:44pm EST
  • Bottleneck by William Catton - A Review

    First I should confess to a strong bias toward the content of this book. As readers of my blog, Question Everything, will realize, I have been moving inexorably toward the same conclusion as the author, so you will perhaps forgive me if you think I may be suffering from a [...]

    Posted: November 24, 2009, 12:43pm EST
  • Home Green Home: Reality Check

    It’s easy to get caught up in the excitement surrounding renewable energy technology. After all, what homeowner wouldn’t want to reduce — or even eliminate — his or her electric bill with a backyard wind turbine, or a rooftop solar array?

    As readers might imagine, however, becoming a small-scale power producer [...]

    Posted: November 24, 2009, 12:31pm EST
  • Peak Oil and Agriculture

    During the month of October, CBC Radio’s political affairs show, The House ran a four-part mini-series on peak oil, called “Going Local.”

    This series was based on the analysis of Canadian economist and author Jeff Rubin, whose recent book examined the implications of peak oil (Why Your World Is About to [...]

    Posted: November 24, 2009, 11:18am EST
  • World oil demand growth to outpace supply in 2010: poll

    LONDON/NEW YORK (Reuters) – Growing world oil use will likely outpace the rate of new supplies in 2010, eroding the huge stockpiles of crude which have mounted around the world since the start of the global economic crisis.

    According to a Reuters poll of ten top oil-tracking analysts and organizations, oil [...]

    Posted: November 24, 2009, 10:34am EST
  • Mankind using Earth's resources at alarming rate

    WASHINGTON — Humanity would need five Earths to produce the resources needed if everyone lived as profligately as Americans, according to a report issued Tuesday.

    As it is, humanity each year uses resources equivalent to nearly one-and-a-half Earths to meet its needs, said the report by Global Footprint Network, an international [...]

    Posted: November 24, 2009, 9:26am EST
  • Fitch lowers Mexico's credit rating on oil decline

    Fitch Ratings downgraded Mexico's credit rating Monday, saying dependence on a flagging oil sector has weakened the country's ability to weather financial problems. Mexico's rating remained at investment grade, but the downgrade will bring a rise in the government's borrowing costs.

    Fitch said decreased oil production has already accentuated economic problems [...]

    Posted: November 24, 2009, 7:46am EST
  • Icebergs Surprise New Zealand

    At least a hundred icebergs have trekked from Antarctica toward New Zealand, arriving at islands off New Zealand in recent weeks after being set adrift perhaps 9 years ago.

    "The larger icebergs seen from Macquarie Island are tabular in shape, which indicates they have calved relatively recently, probably from one" [...]

    Posted: November 24, 2009, 7:44am EST
  • Greenhouse gases reach record levels-UN agency

    GENEVA Reuters - Concentrations of greenhouse gases, the major cause of global warming, are at their highest levels ever recorded and are still climbing, the U.N. World Meteorological Organisation (WMO) said on Monday.

    The head of the agency, Michel Jarraud, said the trend could be pushing the world towards the most [...]

    Posted: November 24, 2009, 7:44am EST
  • Waste not, want not: Companies find uses for leftover animal parts

    A growing number of companies are turning their attention to creating renewable products — such as adhesives and plastics — from the animal parts that can't be sold on supermarket shelves.

    For years, those parts have ended up in cosmetics, soap, pet food and animal feed. Now, meat companies are putting' [...]

    Posted: November 24, 2009, 7:43am EST
  • More gas to be shifted from China industry to homes -paper

    BEIJING (Reuters) - Natural gas supplies for China's industrial users will have to be further cut in coming months to divert supply for residential demand, the in-house newspaper of top gas supplier CNPC reported on Tuesday.

    Gas for household needs and for heating can be guaranteed in the winter and spring [...]

    Posted: November 24, 2009, 7:42am EST
  • US will announce target for cutting carbon emissions

    The US will announce a target for reducing greenhouse gas emissions before next month's UN climate summit, according to a White House official.

    The target is expected to be in line with figures contained in legislation before the Senate - a reduction of about 17-20% from 2005 levels by 2020. [...]

    Posted: November 24, 2009, 7:41am EST
  • Oil scene: Uncertainty haunts the energy world

    UNCERTAINTY has taken over the energy world. And it is detrimental to every one, be it consumer or producer. The consequences could be horrific. A number of factors are in play. The volatility of oil market pricing is a major issue. After all most producers have a single product economy. [...]
    Posted: November 23, 2009, 10:03pm EST
  • Blowing the Whistle on Cheap Oil

    Is the Peak Oil clock ticking closer to midnight than generally believed? The credibility and integrity of the International Energy Agency (IEA) took a hit this month after two whistle-blowers from the IEA claimed the agency has been deliberately underplaying a looming oil shortage under pressure from the US government. [...]
    Posted: November 23, 2009, 8:54pm EST
  • Is There Such a Thing as Agro-Imperialism?

    Dr. Robert Zeigler, an eminent American botanist, flew to Saudi Arabia in March for a series of high-level discussions about the future of the kingdomÂ’s food supply. Saudi leaders were frightened: heavily dependent on imports, they had seen the price of rice and wheat, their dietary staples, fluctuate violently on [...]
    Posted: November 23, 2009, 7:57pm EST
  • Predicting the fate of underground carbon

    WASHINGTON, D.C. -- A team of researchers at the Massachusetts Institute of Technology has developed a new modeling methodology for determining the capacity and assessing the risks of leakage of potential underground carbon-dioxide reservoirs.

    One strategy for mitigating greenhouse gases is to inject compressed carbon dioxide into natural aquifers made of [...]

    Posted: November 23, 2009, 7:14pm EST
  • African conflicts spurred by warming

    Africa is poised to experience a surge in civil wars, causing nearly 400,000 additional battle deaths by 2030 – all as a direct result of rising temperatures. This bold prediction is one of the most alarming results yet to emerge from attempts to discover how climate change will affect patterns [...]

    Posted: November 23, 2009, 7:13pm EST
  • Intensive land-management leaves Europe without carbon sinks

    Of all global carbon dioxide emissions, less than half accumulate in the atmosphere where it contributes to global warming. The remainder is hidden away in oceans and terrestrial ecosystems such as forests, grasslands and peat-lands. Stimulating this "free service" of aquatic and terrestrial ecosystems is considered one of the main, [...]

    Posted: November 23, 2009, 7:11pm EST
  • Is global warming unstoppable?

    SALT LAKE CITY – In a provocative new study, a University of Utah scientist argues that rising carbon dioxide emissions – the major cause of global warming – cannot be stabilized unless the world's economy collapses or society builds the equivalent of one new nuclear power plant each day.

    "It looks" [...]

    Posted: November 23, 2009, 7:09pm EST
  • So long peak oil, here comes peak uranium

    We all got used to hearing about peak oil, especially after a whistleblower recently alleged that the International Energy Agency has downplayed a looming oil shortage to appease the U.S. and prevent panic buying. What we haven't heard much about is the looming uranium shortage. Last week, Michael Dittmar, from' [...]
    Posted: November 23, 2009, 6:50pm EST
  • In Germany, the high price of going green

    GELSENKIRCHEN, GERMANY -- In this nation that embraced one of the world's most aggressive campaigns against global warming, the Pokropp family can almost hear the cha-ching when switching off their lights.

    A kilowatt of electricity costs three times as much here as it does in the United States, supercharged with high [...]

    Posted: November 23, 2009, 6:08pm EST
  • Moving Beyond DenialÂ…Two Steps Forward and One Step Back

    In the last few months, the vigorous debate over the future of world oil supplies has hit the mainstream radar screen. The optimists closed ranks—they have to because their numbers are shrinking—and launched a barrage of misleading reports and opinion pieces, suggesting that supplies will grow from today’s 85 million [...]
    Posted: November 23, 2009, 4:59pm EST
  • Why infrastructure is the bedrock of society

    Natural disasters can destroy entire civilizations and climate change will only amplify their effects

    ...But the risks of that infrastructure breaking down and the scale of the consequences are growing, due to random and non-random sources such as climate change, potential over-dependence on high-technology infrastructure, and increasing urbanisation - in both [...]

    Posted: November 23, 2009, 3:55pm EST
  • Stuart Staniford: US Economic Recovery in the Era of Inelastic Oil

    Ok, suppose you'd never heard of peak oil.

    Or you didn't believe in it.

    What could you conclude from the recent history of price and global oil supply? [...]

    Posted: November 23, 2009, 1:33pm EST
  • Climate Tipping Points of No Return

    Climate change wonÂ’t be a smooth transition to a warmer world, warns the Tipping Points Report by Allianz and WWF. Twelve regions around the world will be especially affected by abrupt changes, among them the North Pole, the Amazon rainforest, and California.

    We tend to think of climate change like the [...]

    Posted: November 23, 2009, 12:56pm EST
  • Bio-fuel growth raises concerns about forests

    PARK FALLS, Wis. — Forests are a treasure trove of limbs and bark that can be made into alternative fuels and some worry the increasing trend of using that logging debris will make those materials too scarce, harming the woodlands.

    For centuries, forests have provided lumber to build cities, pulp for [...]

    Posted: November 23, 2009, 12:52pm EST
  • New Voices on Climate Change

    Joe Witte, a meteorologist for News Channel 8 in Virginia and Maryland, hopes that people watching his television forecasts will think about more than just the weather.

    Two years ago, Mr. Witte started to include phenomena linked with climate change in his reports, like how warmer conditions affect life in Chesapeake [...]

    Posted: November 23, 2009, 12:51pm EST
  • World Oil Production Forecast - Update November 2009

    World oil production peaked in July 2008 at 74.74 million barrels/day (mbd) and now has fallen to about 72 mbd. It is expected that oil production will decline at about 2.2 mbd per year as shown below in the chart. The forecasts from the IEA WEO 2008 and 2009 are [...]

    Posted: November 23, 2009, 12:50pm EST
  • Food riots will mark the end of oil

    The end of the oil age won't be a pretty thing, but a new report by Deutsche Bank suggests it could be even uglier than we feared...

    There's been a lot of stale argument recently about oil – is it running out? Are we approaching/at/passed Peak Oil (the point when global' [...]

    Posted: November 23, 2009, 10:40am EST
  • World's largest ice sheet melting faster than expected

    East Antarctic sheet shedding 57bn tonnes of ice a year and contributing to sea level rises, according to Nasa aerial survey

    The world's largest ice sheet has started to melt along its coastal fringes, raising fears that global sea levels will rise faster than scientists expected.

    The East Antarctic ice sheet, which [...]

    Posted: November 23, 2009, 9:07am EST
  • The Oil Age: How Long Will It Last?

    From time to time, pessimistic analyses are published which forecast that the world will reach “peak oil” levels, which means that the remaining oil reserves will not be able to meet future increases in the demand for energy. The proponents of this theory cite the following developments to support their [...]
    Posted: November 23, 2009, 7:44am EST
  • China vs. U.S.: economic power vs. military might; which will prevail?

    The U.S. and China, with their huge economies, are totally dependent upon a steady, guaranteed supply of petroleum into the future. While supplies of oil have been very plentiful for many decades, that situation is beginning to rapidly change. Our very painful experience with $147 per barrel of oil in [...]
    Posted: November 22, 2009, 11:40pm EST
  • Seismic rumbles in the forests

    The sheer size and number of Marcellus Shale drill sites and their truck traffic are altering Pa. land use.

    RENOVO, Pa. - For decades, natural-gas drilling has been part of the landscape in Sproul State Forest, a vast timberland in northern Pennsylvania pocked with hundreds of shallow wells and crossed by [...]

    Posted: November 22, 2009, 11:18pm EST
  • Zombie Nuke Plants

    Oyster Creek Generating Station, in suburban Lacey Township, New Jersey, opened the same month Richard Nixon took office vowing to bring "an honorable peace" to Vietnam. This nuke plant, the oldest in the country, was slated to close in 2009 when its original forty-year license was ending. It had seen [...]
    Posted: November 22, 2009, 9:23pm EST
  • BP CEO: Gas Demand Peaked in '07

    NEW YORK -- Gasoline demand in the U.S., which has been hit hard by the recession, will never return to 2007's peak, BP PLC Chief Executive Tony Hayward said in a report by The Wall Street Journal.

    Contributing to his prediction of lessened demand is greater use of biofuels and increased [...]

    Posted: November 22, 2009, 8:23pm EST
  • Historic Peak Oil Motion Defeated In Australian Senate

    Peak oil is the point in time at which maximum oil production occurs and after which production declines. Peak oil has already happened for nearly all oil producers including the US and Venezuela (in 1970), Indonesia (1991) and Russia (2007), with peak oil rapidly approaching in Kuwait (2013), Saudi Arabia [...]
    Posted: November 22, 2009, 7:46pm EST
  • Electric carmaker Tesla preparing IPO: sources

    SAN FRANCISCO (Reuters) - U.S. electric sports car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and battery-powered vehicles.

    An IPO filing from the six-year-old start-up, best known for its $109,000 all-electric Roadster, is expected any day, said [...]

    Posted: November 22, 2009, 6:38pm EST
  • Investors must ask about shale gas cost

    An internal energy industry squabble over the true potential for shale gas, discussed in this column earlier this month, has now filtered through to the attention of some of the institutional investors in energy companies. This tremor of scepticism has not yet affected the ability of the large gas exploration [...]
    Posted: November 22, 2009, 5:31pm EST
  • The dawn of the Third Industrial Revolution

    "The most hated man in science" said that it may be too late to save civilization.

    Civilization is on the cusp of the Third Industrial Revolution and "our Second Industrial Revolution is on life support," according to Jeremy Rifkin, president and founder of the Foundation on Economic Trends said.

    We are in [...]

    Posted: November 22, 2009, 2:27pm EST
  • Rising sea levels threaten Caribbean region

    ...According to a recently updated World Bank study on climate change in Latin America, Alfonso and his neighbors have reason to be concerned. Not only are the effects of global warming more evident in Latin American coastal cities, the report says, but the phenomenon could worsen in coming decades because [...]
    Posted: November 22, 2009, 12:08pm EST
  • Making holes and cracks around oil and gas wells

    Today I want to talk a little more about perforating the wall of a well, and a bit more about hydrofracing. They are not necessarily used together, but both are ways of getting cracks out from the immediate wall of the wellbore so that the valuable fluid on the other [...]

    Posted: November 22, 2009, 11:40am EST
  • US Oil Demand Provoking New Wars In Latin America

    Perhaps this week you heard news reports about Venezuela bombing a couple of bridges that connected it with Colombia, and have been wondering what all the tension is about.

    If so you should run to read this report in UK's The Independent about America's role (surprise!) in fomenting tension. (via Forexlive) [...]

    Posted: November 22, 2009, 10:23am EST
  • It's just not worth it

    The News Journal Editorial Board has long opposed drilling within 100 miles of Gulf Coast beaches — even 150 miles, as proposed during congressional negotiations in 2006. Certainly not in state waters, within 10 miles of the coastline.

    We see no reason to change that opinion. [...]

    Posted: November 22, 2009, 10:22am EST
  • FACTBOX - How countries have coped with the oil "curse"

    Mexico's oil industry has funded a significant portion of government spending since the discovery of massive offshore reserves in the 1970s. Oil export revenues pay for nearly 40 percent of government spending and are for the most part spent as they come into federal coffers. The country's deep economic recession [...]

    Posted: November 22, 2009, 10:20am EST
  • Radiation leak at Three Mile Island

    THREE MILE ISLAND - November 22, 2009 (WPVI) -- We are learning more this morning about a reported radiation leak at Three Mile Island.

    The Nuclear Regulatory Commission says later today it is sending two radiation specialists to the plant near Harrisburg. [...]

    Posted: November 22, 2009, 9:06am EST
  • The SEC Surrenders to the Oil Industry

    What are the consequences of allowing multi-billion-dollar systemically important multinational corporations to report their assets using proprietary mark-to-model tools involving discredited Monte Carlo simulations? I think we all know the answer to that one. But unbelievably, after such shenanigans contributed enormously to the greatest financial meltdown in living memory, the [...]
    Posted: November 21, 2009, 10:02pm EST
  • Outages dim Chavez popularity

    Power failures, unpaid civil servants and falling oil revenue play havoc with support for the Venezuela leader.

    Reporting from El Consejo, Venezuela - Power outages are hitting Henrique Vollmer's rum distillery several times a week, interrupting production, damaging equipment and jeopardizing the jobs of his 375 workers.

    President Hugo Chavez blames the [...]

    Posted: November 21, 2009, 9:40pm EST
  • 'Carbon tax' is sensible, and perhaps inevitable, advocate says

    Dieter Helm of Oxford says climate change policy should focus not on carbon production, but carbon consumption. A tax on carbon-heavy activities places the emphasis where it belongs, he says.

    Reporting from Oxford, England - With the global climate change summit in Copenhagen just a few weeks away, gloom has settled [...]

    Posted: November 21, 2009, 8:42pm EST
  • Oil's expanding frontiers

    ...For many years, most oil was used for lighting and lubrication, and the amounts extracted were modest. Then in 1901, a new well named for an East Texas hillock, Spindletop, began gushing more per day than all other U.S. wells combined.

    Since then, America has exhausted its hydrocarbon supplies. Repeatedly. [...]

    Posted: November 21, 2009, 7:38pm EST
  • Chickens come home to roost in backyards around the USA

    PORTLAND, Maine — For months, Daniel Strauss has looked out the window of his home on busy Stevens Avenue and noticed as many as six chickens pecking at the soil of his backyard.

    The hens' owner, Jennifer Rudin, wasn't sure at first whether her city neighbor would appreciate the chickens' free-ranging,' [...]

    Posted: November 21, 2009, 6:04pm EST
  • Mexico eyes risk contracts to offset Cantarell downturn

    LOS ANGELES -- Mexico’s state-owned Petroleos Mexicanos and the Secretaria de Energia (Sener) are preparing risk contracts that will be offered to oil companies—international and domestic—in order accelerate the search for oil and gas, according to local media.

    MexicoÂ’s daily El Universal reports that the contracts are the result of concern [...]

    Posted: November 21, 2009, 3:40pm EST
  • Study sees transit saving Californians' energy, cutting greenhouse gas

    A new study says Californians could save billions each year and cut greenhouse gas emissions by developing neighborhoods within easy access of public transportation.

    The study – "Windfall for All: How Connected, Convenient Neighborhoods Can Protect Our Climate and Safeguard California's Economy" – was conducted by Oakland-based TransForm, formerly the Transportation [...]

    Posted: November 21, 2009, 12:12pm EST

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