A group of climate scientists from the Potsdam Institute for Climate Impact Research (PIK) in Germany has used data from the last great Ice Age to conclude that a doubling of carbon dioxide concentration in the atmosphere would cause a global temperature increase of around 3 greencarcongress
To achieve the goal of cutting reliance on oil to around 80 percent by 2030, the panel set forth its plan to start mass production of two-seater electric vehicles capable of running about 80 kilometers (50 miles) per charge, and 30 percent more fuel-efficient hybrid vehicles, by 2010. The panel also hoped that after 2030 […]
Decoding the figures in the new IEA report is akin to decoding the Da Vinci Code. In my work I am not a pessimist, and I observe what oil companies do, not what they say. Peak oil is the point where further expansion of production becomes impossible. The world needs oil production flows, the consumer […]
Part of my work is advising the Government. I don
NEW YORK (Reuters) – U.S. gasoline demand in June grew by just over 0.6 percent year-on-year, less than half the rate previously implied by weekly data, the U.S. government’s monthly oil data showed on Monday. U.S. gasoline demand rose by 60,000 barrels per day to 9.44 million bpd in June, or up 0.64 percent from […]
LA PAZ, Bolivia – The president of Bolivia’s state oil company, Jorge Alvarado, resigned on Monday amid a probe into a contract with a Brazilian company, marking a setback in the drive to nationalize the country’s hydrocarbons industry. In his letter of resignation, read at a press conference in La Paz, Alvarado wrote that the […]
QUETTA, Pakistan (Reuters) – Suspected rebels blew up a gas pipeline and electricity pylons in the gas-rich Pakistani province of Baluchistan as supporters of a rebel leader killed at the weekend prepared to hold prayers for him. Nationalist rebels have waged a low-key insurgency for autonomy and a greater share of profits from Baluchistan’s resources […]
BAGHDAD, Iraq – A pipeline carrying oil byproducts exploded in a southern Iraqi city Tuesday, killing at least five people, police said. Several people had been siphoning fuel from the pipeline when the explosion occurred near Diwaniyah, a town 80 miles south of Baghdad, police Lt. Raid Jabir said. He said at least five people […]
TEHRAN (AFP) – Iran will miss its 2010 crude oil production target by 500,000 million barrels per day (bpd) owing to a lack of investment in ageing oil fields. Crude oil production could reach 4.5 million bpd by the end of the state’s fourth five-year development plan (2005-2010), well under the original production target of […]
NEW YORK (Reuters) – Federal investigators are examining whether BP (BP.L) manipulated crude oil and unleaded gasoline markets, according to a report in The Wall Street Journal on Tuesday that cited lawyers and traders close to the case. BP confirmed the investigations, but declined further comment. “We are aware of the investigations, but we are […]
Malaysia may explore the use of nuclear technology for power if the oil price shoots up to US$100 (RM370) a barrel. Science, Technology and Innovation Minister Datuk Seri Dr Jamaluddin Jarjis said the country need not venture into nuclear technology at present to generate power. “However, the world is changing. Who would have thought oil […]
by George Monbiot Nobel Prize laureate Paul Crutzen suggests we use either giant guns or balloons to inject sulphur into the stratosphere, 10km or more above the surface of the earth. Sulphur dioxide at that height turns into tiny particles – or aerosols – of sulphate. These reflect sunlight back into space, counteracting the warming […]
Brazilian biofuel company Tecbio has linked up with NASA and the Boeing Co. to develop a biokerosene aviation fuel, Tecbio President Expedito Parente told a seminar on Monday. The alternative vegetable-oil-based fuel to power airplanes was invented by Tecbio in 1980 and flight-tested in Brazil in 1984 before being abandoned. It attracted fresh interest after […]
A nationwide strike is expected to paralyze Bangladesh Wednesday as thousands protest the death of five activists who were shot and killed Saturday while protesting the nation’s first mega-coal mining project. Meanwhile, the district forestry department said 4 lakh (400,000) trees will have to be cut down to accommodate the project. Protestors claim 3,200 acres […]
SA will launch an investigation into the viability of the controversial activity of uranium enrichment, in a move that could draw criticism from western powers. Minerals and Energy Minister Buyelwa Sonjica said at the weekend that SA would undertake a cost-benefit analysis into the beneficiation of uranium.Sonjica did not comment on the Iranian issue but […]
SA should build an additional five sugar mills in order to stimulate ethanol production, a representative of Brazilian sugar and ethanol equipment group Dedini said on Friday. Government has identified biofuels as a key industry in its Accelerated and Shared Growth Initiative (Asgi-SA) because of its potential to create jobs and lessen the country’s dependence […]
China has bred a new kind of rapeseed with record high oil content in a move to develop its bio-diesel industry, the Ministry of Agriculture announced on Monday. The new rapeseed has an oil content of 54.72 percent, nearly two percentage points higher than the previously reported highest oil content, according to a test report […]
Iran has warned Japan of a possible move to seek joint development of its giant Azadegan oil field with Russia or China if it cannot reach an agreement with Japan by Sept. 15, a local news agency reported. Mehdi Bazaargan, managing director of Iranian developer Petroleum Engineering & Development Co., expressed concern over sluggishness on […]
The Oil Drum – Just when I thought I was out, they pull me back in. I am trying to spend more time writing on topics other than ethanol. But I get a lot of e-mails on that subject, and often have 3 or 4 mini-debates going on at a time via e-mail. I just […]
Transition Culture – Dennis Meadows is one of the key figures in the environmental movement over the last 50 years, and one of the authors of perhaps the single best known environmental book Transition Culture
Xinhua – Driven by a growing desire to lower dependence on foreign oil, the United States is set to help two of the world’s biggest energy companies extract oil from stone in the Rocky Mountains, The Wall Street Journal reported on Monday. The prize for success for energy giants Royal Dutch Shell PLC and Chevron […]
Venezuela’s energy minister said today that China will invest $5 billion on Venezuela’s oil infrastructure. That mirrors a worldwide trend as China taps more oil from foreign sources.
We have word that China’s gonna sink a lot of money into Venezuela’s oil production: $5 billion by 2012. This could help Venezuela break its reliance on the US as a place to sell oil. More now from Jeff Tyler.
When the head of the American Public Power Association spoke recently to electric utility operators in Minnesota, he had a straightforward message: Federal regulation of greenhouse gases is coming. Get ready for it. “The issue is no longer whether there is a human contribution to global warming but the extent of that contribution,” said Alan […]
While Turkey’s importance for the trans-Atlantic security structure in the Cold War era was linked to its geostrategic role for NATO, the US and the EU now see Ankara as a key ally in energy policy. Turkey occupies an ideal geographic location for energy supplies, as a gateway between the oil- and gas-rich former Soviet […]
An investigation into a Japanese manufacturer suspected of exporting sophisticated measuring devices to Libya nytimes
GM showed off a hydrogen fuel-cell concept vehicle called the Sequel at an auto show last year. The only problem was that the Sequel didn mobilemag
The economic consequences are also dire. If oil averages $60 a barrel this year, our nation will spend $320 billion on oil imports alone, a third of our entire trade deficit. That money swells the coffers of foreign governments that control more than three-quarters of the world fortwayne
U.S. oil prices would have to hit $100 a barrel to drive the world’s largest economy into recession, according to a semiannual survey of economists released on Monday. A panel of 195 forecasters surveyed by the National Association for Business Economics said that such prices could lead to a slowdown but predicted that oil would […]
Facing rising gas prices, Americans are buying more alternative fuel autos, including hybrids, diesel and ethanol- capable vehicles, according to automakers. Automakers are now selling 46 models of alternative fuel autos, including ethanol vehicles capable of running on 85 percent ethanol (or E85 vehicles), clean diesel autos and hybrid electric vehicles. A list of these […]
After three weeks on the road talking to New Zealanders Green Party Co-Leader Russel Norman has found that New Zealanders are several steps ahead of the Government when it comes to climate change and peak oil. scoop
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