Greenpeace in rift with US branch over free flights competition prize

The American wing of Greenpeace has been accused by its colleagues in Britain of sabotaging global attempts to combat climate change, by giving away flying holidays to remote parts of the world. To the dismay of its British counterparts, Greenpeace USA is offering holidays to Pacific islands and remote parts of South America as prizes […]

Owners of gas-guzzling cars to be hit by five-fold tax increase

Motorists who drive fuel-hungry BMWs, people carriers and Range Rovers face a five-fold increase in road tax under radical plans to combat Britain’s spiralling greenhouse gas emissions. The proposals are being studied by transport and environment ministers after it emerged that car buyers are ignoring warnings about the dangers of climate change by increasingly choosing […]

New oil shock predicted by some

the world’s oil production, having grown exuberantly for more than a century, will peak and begin to decline.
The price of oil will increase. Major oil-consuming countries will experience crippling inflation. Princeton University geologist Kenneth S. Deffeyes predicts “a permanent state of oil shortage.”

OC Register

Slideshow on the Looming Oil Shortage

Audio slideshow by the Globe and Mail’s Patrick Brethour about peak oil.

Slideshow

Infrastructure Takes a Big Hit in April 2005 (India)

NEW DELHI, MAY 27: A massive 7.5 per cent fall in the growth rate of electricity production pulled down the overall infrastructure growth rate by close to 7 per cent during the month of April 2005 compared with April 2004. Data released by the ministry of commerce and industry on Thursday shows that five of […]

Nuclear Non-Proliferation Talks End in Failure

An international conference seeking to shore up the treaty that is the centrepiece of efforts to curb the spread of nuclear weapons ended in failure on Friday, sunk by arguments between Iran, Egypt and the US. The conference on the nuclear non-proliferation treaty, which meets every five years, was unable to make formal progress on […]

V.B. Price: A Slick Slope

Let’s say Kunstler is right – that there will be no orderly transition from a fossil fuel economy to a renewable energy economy and that most of us will get caught in the political and financial turmoil that such shortsightedness will cause. Kunstler forecasts that when what he calls the “cheap oil fiesta” is over, […]

2nd Reserves Restatement Hurt Royal Dutch/Shell-’04 Report

Royal Dutch/Shell Group (RD, SC) was hurt more in relative terms by its second restatement of proven reserves of oil and natural gas than by the first one, data released in its 2004 annual report to the U.S. Securities and Exchange Commission shows.NASDAQ

Germany ratifies EU constitution

Germany has completed ratification of the European Constitution with an overwhelming vote in the upper house of parliament, the Bundesrat. The vote follows approval by the lower house two weeks ago. It was timed to provide support for the troubled “Yes” campaign in Sunday’s French referendum. BBC

Britain ‘dodges’ UN climate funds

The UK has not contributed to two United Nations funds designed to help poor countries adapt to climate change, a think tank has revealed. The funds were set up four years ago and a number of other European nations have already donated millions. BBC

‘New Castro’ Threatens To Take His Feud With America Nuclear

PRESIDENT George W Bush is a Times Online

Indonesia Cuts June Oil Product Imports by 26% on Low Demand

Oil product imports by Indonesia, AsiaDaily Times (Pakistan

Saudis Look to Change of Direction from King Fahd’s Successor

The question of succession is not expected to cause disruption. The designated heir, Crown Prince Abdullah, has been running the kingdom’s day-to-day affairs since his half-brother’s stroke. But once he is king there may be a sharp change in the style and direction of Saudi policy. Since King Fahd’s stroke more than nine years ago, […]

The Project for a New European Century

By Mark Leonard | Friday, May 27, 2005 Amidst bouts of European gloom and doom, Mark Leonard, author of “Perpetual Power: Why Europe Will Run the 21st Century,” has a different vision. Counterintuitive though it may seem, he argues that a The Globalist

Experts: Petroleum May Be Nearing a Peak

For example, the median lifetime of an American automobile is 17 years. That means even if the government immediately mandated a drastic increase in fuel efficiency standards, the conservation benefits wouldn’t fully take effect for almost two decades.

And though conservation would certainly be necessary in a crisis, it wouldn’t be enough. Fully mitigating the sting of decreasing oil supplies would require developing alternate sources of energy

Oil Discovery Forecasts Doomed

Since the early Greeks speculated that the Trojan War was started by the gods to reduce overpopulation, many have feared resource scarcity. The obvious finite nature of non-renewable resources such as minerals combined with occasional shortages and an inability to be certain of future supplies has made this a recurring theme in political economy. The […]

King Fahd

Saudi Arabia’s King Fahd is “in good health” who was hospitalised Friday for examinations.

According to a state news agency, the custodian of the two holy mosques is in good health and, thank God, the medical examinations which he is undergoing are proceeding normally.

Geo.tv

Saudi Arabia’s King Fahd Hospitalized

RIYADH, Saudi Arabia (AP) – King Fahd, whose efforts to strengthen ties between Saudi Arabia – the world’s largest oil exporter – and the United States provoked the wrath of Islamic militants, was hospitalized Friday, apparently suffering from pneumonia. Fahd’s half brother, Crown Prince Abdullah, has been Saudi Arabia’s de facto ruler since Fahd suffered […]

Russian Oil to China; Massive increase ahead in 2005

Moscow, Russia, May. 27 (UPI) — Russian Railways plans to haul 690,000 tons of crude oil to China in June, 430,000 of which is production from Moscow’s state-owned Rosneft. Besides the Rosneft production, Yukos will account for another 230,000 and Sibneft an additional 30,000 tons of crude oil, Novosti reported Friday. In the first five […]

Oil prices approach $52 a barrel

Crude oil futures rose to near $52 a barrel Friday ahead of the U.S. Memorial Day holiday weekend, the start of the American summer driving season. AP via TheState.com

Massive fuel shortage in Zimbabwe

Zimbabwe’s social and economic sectors are on the brink of collapse as crippling fuel shortages have resurfaced while a combination of power blackouts and water shortages have gripped cities around the country threatening to grind industry and commerce to a halt. Apart from that, Zimbabwe has run out of food with reports that the country […]

Aviation is fastest-growing source of C02 emissions

To fly or not to fly? Many of us facing a long journey, or even a short one, would not even consider the question. Cheaper flights to ever-more destinations prove irresistible to the travelling public, while business travel is seen as inevitable in a global market place. But increased demand for flights threatens the future […]

Price Dollars in Oil, Not Oil in Dollars

A very strong case has been made by William Engdahl (the author of A Century of War – Anglo-American Politics and the New World Order) that the three principal goals of US foreign policy in the last 100 years have been energy security, energy security and energy security. But it is becoming clear that the […]

G8 will not set targets to cut global warming

The G8 summit is to discuss the role of nuclear power in reducing climate change – but it is not preparing to set new targets or a timetable to reduce global warming, according to a leaked document. A draft outlining the “commitments” industrialised nations will make on climate change shows no new timetable for cutting […]

Recovery Boosts US Jet Fuel Demand

US jet fuel consumption is taking off as airlines bring their older, less-efficient planes back into service to meet rebounding travel demand — and the trend could continue into the summer season, according to government and industry statistics. Kerosene-type jet fuel demand is up more than 4.1 percent at 1.64 million barrels per day in […]

US told to face up to climate change

Margaret Beckett today urges the Bush administration to accept that the “incontrovertible” weight of scientific evidence on the dangers of global warming is stimulating an urgent worldwide dialogue that the US must seriously engage with – or risk being left out. But she also admits that Britain itself has much to do to meet the […]

Revealed: The real cost of air travel

It might be cheap, but it’s going to cost the earth. The cut-price airline ticket is fuelling a boom that will make countering global warming impossible. The tens of thousands of Britons jetting off on cheap flights this weekend have been given graphic reminders by leading green groups that the huge surge in mass air […]

Fuel cell research stuck in the mud

British Columbia investors have a new disease called FCF, or fuel cell fatigue. The mantra that “commercialization is around the corner” is now a negative for investors who supported the Canadian fuel cell industry based in the province. Investors are pinching their noses and holding their breath, while the federal government has raised — slightly […]

Stuck On Oil

Michael Ruppert is a leading proponent of the theory that the Bush administration was complicit in the 9/11 attacks on the World Trade Center, part of a scheme to control the world’s dwindling oil supply. He publishes a newsletter called “From the Wilderness” from his base in L.A., and he explores the connections between oil […]

King Fahd of Saudi Arabia reported dead

Reliable sources in the Saudi capital Riyadh said Friday King Fahd is dead.

King Fahd of Saudi Arabia has been dead since late Wednesday, according to several well-placed sources in the capital Riyadh who spoke to the Saudi Institute, a Washington think tank, on condition of anonymity.

Wolrd Peace Herald

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