China is massively investing in coal infrastructures to meet its insatiable demand for energy. Eighty per cent of the country’s electricity already comes from coal, and there are plans for 544 new coal-fired power stations. This makes China the future nightmare of all governments who take dangerous climate change serious. In an even worse development, […]
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The coming of peak oil is driven by geological factors, not political ones, but the cascade of consequences that will follow the peaking and decline of world petroleum production can Still, it
OVER the past two years I have made an uncomfortable discovery. Like most environmentalists, I have been as blind to the constraints affecting our energy supply as my opponents have been to climate change. I now realise that I have entertained a belief in magic. In 2003, the biologist Jeffrey Dukes calculated that the fossil […]
U.S. Energy Dept., company partner to seek cost-effective production A California company and a Department of Energy research lab have announced that they’re teaming up to make oil out of algae Sandia’s investment in related research goes back five years, says Grant Heffelfinger, a senior manager at the lab, providing time to build up expertise […]
Shell said today it will be the first oil company to begin producing oil and natural gas in water that’s 8,000 feet deep, trumping competitors in the Gulf of Mexico who have made discoveries or announced intentions to drill in the region but not started to develop them. The European oil giant, whose U.S. arm […]
U.K. – Tenders are to be invited from town halls to site nuclear waste bunkers in their areas in return for multimillion-pound investment in local services. David Miliband, the Environment Secretary, confirmed yesterday the long-expected decision to bury the waste from Britain Local authorities will be asked to volunteer to have dumps in their area, […]
The I.E.A. predicts that Chinese oil imports from the Middle East will rise to at least 70 percent by 2015, underpinning that the future of the Chinese economy is inextricably tied to the Middle East. China is a relatively new player in the Middle East and in the Persian Gulf in particular. Whereas Egypt was […]
SAN FRANCISCO, CA (PRWEB) October 27, 2006 — Just two or three years ago, if you had asked a science teacher about “peak oil,” chances are he or she would have drawn a blank. But if the recent gathering of 3,000 science educators in San Francisco is any indication, a massive shift in awareness has […]
LONDON (AFP) – Lack of action by the world over climate change could cost countries up to a fifth of their gross domestic product, a former World Bank chief economist told the British cabinet, The Independent reported. Nicholas Stern told Prime Minister Tony Blair and his cabinet colleagues on Thursday, in a preview of a […]
HOUSTON (MarketWatch) — Higher oil production was key to Exxon Mobil Corp.’s $10 billion profit announced Thursday, but to tap new reserves the world’s largest publicly-traded company is taking on ever greater risks, tackling harsh operating conditions in often politically unstable corners of the world. Last quarter, Exxon Mobil added the equivalent of 270,000 barrels […]
Palm oil futures in Malaysia, the world’s biggest supplier of the commodity, may gain next year because of rising demand for its use in processed food and fuels, according to Thomas Mielke, editor-in-chief of Oil World. ‘‘The market for palm oil will explode’’ should the pace of growth in biodiesel demand be maintained, Mielke said […]
The installed capacity of photovoltaic systems that turn sunlight into power will rise 50 percent to some 60 megawatts in Italy in 2006 and will grow fast due to new incentives, an energy analyst said on Thursday. “This year the new capacity will be 20 MW. It’s a four-fold increase from last year’s (new capacity […]
Ulf Bossel of the European Fuel Cell Forum, an organisation that supports technical and scientific advances on fuel cells, challenges what he calls ‘the hydrogen illusion’. “Hydrogen is clean only if it is made from renewable electricity,” says Bossel. But he adds that if a hydrogen-based economy becomes a reality, it will be characterised by […]
United Nations, Oct 26 (IANS) India seeks a fresh assessment of nuclear energy as a clean and safe source of energy to give developing countries the freedom to choose policies that best suit their energy needs, Indian delegate Rahul Gandhi said here. “Developing countries must have the policy space to address their energy needs in […]
Australia’s Government says, its plans to create the world’s largest solar power station by turning a wasteland into a glistening field of mirrors is a step toward making the sun-drenched country a world leader in clean energy. But critics say the Government, which is riding on the back of an economic boom driven by sales […]
‘Europe can only achieve its bioenergy and biofuel targets with a step-change in research intensity investment and effective technology transfer,’ said Christian Patermann, Director of Biotechnology, Agriculture and Food Research at the European Commission’s Research Directorate-General.Europe has already taken some steps to move over to biofuels. Its biodiesel production has grown from 55,000 tonnes in […]
Argentina, once a major oil exporter to Brazil, has virtually stopped supplying its neighbor with crude as its oil production dwindles while domestic consumption is rising, Brazil’s Valor newspaper said Thursday. While Argentina in 2002 still provided 16.6% of Brazil’s oil-import needs, in 2005 it supplied only 1.2%, and almost none in the first nine […]
Russian prosecutors promised on Thursday to crack down on oil companies that break environmental rules following a minister’s call for a criminal investigation into the Royal Dutch Shell-led Sakhalin-2 project.Prosecutors said the breaches they had discovered at energy projects included missing project documents, incorrect paperwork for land allocation, soil contamination and over-production.Reuters
Currently, most energy production generates carbon dioxide, a potent greenhouse gas that contributes to global warming and local pollution. At the same time that carbon dioxide concentrations are rising in the atmosphere, fueling higher temperatures, burgeoning population growth of humans and livestock is producing ever-increasing amounts of organic pollution and waste. Now researchers at the […]
The conservative government in Poland plans to invest well over €1 billion in the energy sector in an attempt to modernize its infrastructure, and perhaps more crucially, reduce its dependence on Russia, its main supplier of oil and gas. Over 70 percent of Polish energy needs consist of imports, of which 95 percent comes from […]
Japan, dependent on imports for 99 percent of its oil and gas, may turn to Iraq and Indonesia after it lost control of Iran’s biggest untapped field. Prime Minister Shinzo Abe’s government promised this week to invest in Iraq’s shattered energy industry in the hope that Japan will be able to tap the world’s third-largest […]
Countries that have ratified the UN’s Kyoto Protocol launched a new incentive on Thursday to help tackle greenhouse gas emissions by former Soviet bloc economies. The final decisions completing the Joint Implementation (JI) initiative were made in Bonn by a supervisory committee under the UN Framework Convention on Climate Change (UNFCCC), Kyoto’s parent treaty. terradaily
Parker Hannifin Corporation has joined the Get Nitrogen Institute, a non-profit organization formed in 2005 to promote the use of nitrogen rather than air in filling tires. (Costco, the first retailer to offer nitrogen in its tire centers throughout North America, is a sponsor of the Institute.) The use of nitrogen in tires offers two […]
Shell has been forced to shut in about 140,000 b/d of Bonny Light oil production in Nigeria following attacks on Wednesday on three of its flowstations in the Niger Delta, a company official said Thursday. “We have shut in about 140,000 b/d after some youths from the Akuku-Toru Local Government Area of Rivers State attacked […]
The slow agony of American defeat in Vietnam was intertwined with almost all the economic ills of the 1970s, the decade when capitalism veered off the rails and stock markets slumped. So, with noises of US withdrawal from Iraq growing louder by the day, it has to be asked whether investors are pricing in the […]
Shell Offshore announced plans to develop the Great White, Tobago and Silvertip Fields via a Perdido Regional Development host, located in Alaminos Canyon, offshore Gulf of Mexico, approximately 200 miles south of Freeport, TX. Moored in about 8,000 feet of water, the regional DVA (direct vertical access) spar will be the deepest spar production facility […]
Almost all your electricity comes from a local power plant, usually of a coal, natural gas or nuclear variety, but in the future most of this electricity could come from high-efficiency solar cells. Spectrolabs, a Boeing subsidiary, is currently producing cells that are almost 40% efficient and promise even higher efficiencies in the future. Company […]
Deserts in the Middle East and North Africa could generate vast quantities of electricity to sell to Europe, according to two German research reports. The most recent of the two studies, published on 3 May, estimates that Europe’s carbon dioxide emissions could be cut by 70 per cent by 2050 if it combined imports of […]
BOSTON (Reuters) – World production of crude oil may have already peaked, setting the stage for declining output that could lag demand, a top advocate of the “peak oil” theory said on Thursday. Matthew Simmons, chairman of Simmons & Co. International, a Houston-based investment banking firm specializing in the energy sector, said U.S. government data […]
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