At the Los Angeles Auto Show this week, Ford Motor Company is unveiling an all new fuel-cell powered Explorer with a range of 350 miles. greencarcongress
Over a third of the world’s electricity, including that required by industry, can realistically be supplied by wind energy by the middle of the century, according to a new report released by the Global Wind Energy Council (GWEC) and Greenpeace. multi-housingnews
…the company that made [An Inconvenient Truth] decided to offer 50,000 free DVDs to the National Science Teachers Association (NSTA) for educators to use in their classrooms. It seemed like a no-brainer. The teachers [association] had a different idea: Thanks but no thanks, they said. Accepting the DVDs, they wrote, would place “unnecessary risk upon […]
Speaking before the Electric Drive Transportation Association today, TechVision21 CEO Kelly Carnes outlined the billions of dollars in federal alternative energy grants, loan guarantees, and other financial assistance flowing to companies, agricultural producers, universities, state and local governments, and non-profits now and in the years ahead. These funds are aimed at developing, commercializing and deploying […]
In the realm of alternative energy, there is an inconspicuous European nation that could stand to teach the U.S. a few lessons foxnews
Soon-to-be Senate Majority Leader Harry Reid plans to put energy independence at the top of next year’s agenda, but his party is pushing the same solutions that have failed for decades to make a dent in oil imports. investors
The US housing downturn will provoke a Jean-Philippe Cotis, chief economist said:
One of the biggest threats the USA faces today is a serious shortage of energy. Vulnerabilities in our system have been made glaringly obvious several times; since the 1970’s the USA has had social and economic upheaval due to the actions of foreign oil producers, and two hurricanes in 2005 showed just how fragile our […]
Before the recent U.S. congressional election, there were widespread, unsubstantiated assertions that the Bush administration somehow had manipulated gasoline prices so they
But will the best or the worst of Dixie win out? Science-fiction writers like to imagine how, after a limited nuclear war, disease pandemic or other catastrophe, North America would break up into half a dozen or so smaller nations. There would be French-speaking Quebec, Yankee New England, an eco-state in the Pacific Northwest, a […]
Just over a year ago I wrote about the New Energy Mercantilism, the set of geopolitical phenomena emerging as nations realize that, in the future, there will not be enough energy to go around to sustain projected demand. A market-economy solves this problem by increasing the price of energy until demand inelasticity is overcome and […]
In an influential article, Litzenberger and Rabinowitz (1995) noted that 80-90% of the time the oil forward curve is in backwardation, ie future prices are often observed to be below the spot prices. They provide an explanation of backwardation using the analogy that ownership of oil reserves can be seen as holding a call option. […]
With Europe increasingly concerned about its dependence on Russia for its natural gas, NATO plans to discuss the issue at its summit in Riga, Latvia, starting Tuesday. A look at some of the cards held by Moscow: – The Russian energy monopoly OAO Gazprom runs the only transit route for gas to Europe from Turkmenistan, […]
Urban planner and founding member of San Francisco’s Bay Localize network Brian Holland writes: This is the Executive Summary of an ground-breaking new policy paper released by a coalition of Bay Area organizations promoting localization as a response to energy, climate, and social justice challenges. The full Report provides a comprehensive look at how localization […]
WASHINGTON: As the world
The first draft of China’s first energy law, which will shape the country’s future energy policies, will be outlined before the end of the year, according to the National Development and Reform Commission (NDRC). Energy experts have called for the law, which needs two years to be passed by the legislature, to define clearly the […]
Texas oilman T. Boone Pickens told Little Rock business leaders Monday that the world has reached peak oil production and the United States, in particular, needs to find alternative sources of fuel. Pickens said the United States uses 20 percent of the oil in the world, but has less than 5 percent of the oil […]
This post is a slightly annotated summary of a poster presentation (Army Energy Strategy for the End of Cheap Oil) at the 25th Army Science Conference, Orlando, Florida, November 27-30, 2006, by three scholars of the US Military Academy at West Point. The authors are Colonel Kip P. Nygren, head of Department of Civil & […]
The Association for the Study of Peak Oil and Gas (ASPO) is to hold its sixth International Conference in UCC in Cork in September 2007. The conference will be sponsored by NTR. ASPO is a global not-for-profit organisation which aims to raise awareness about the timing of the peak of the world’s production of oil […]
by James Kunstler Last week, I had one of those clarifying moments when the enormity of the American fiasco stirred my livers and lights again. I was riding in a car at sundown between St. Cloud and Minneapolis on I-94 through a fifty-mile-plus corridor of bargain shopping infrastructure on each side of the highway. The […]
Recent consolidation of gold prices and sliding crude-oil prices will be short-lived. Politically motivated dollar depreciation, rising US inflation, and mining-industry consolidation are expected to push gold above US$800 per ounce in 2007. And despite gathering US economic weakness, intensifying global geopolitical instability, declining natural oil production and greater output discipline among major petroleum producers […]
Russia’s economic boom and the burgeoning power of its energy sector will become increasingly hard to sustain unless it takes dramatic steps, an OECD report forecasts. It could mean bad news for the energy-hungry EU. Expanding state ownership is a “step back” for the Russian economy, the OECD said in a report Monday that raised […]
The Chinese demining mission in Lebanon is a small sign of Beijing’s rapidly expanding engagement in the Middle East, where its voracious quest for secure energy supplies in the 21st century has sharpened its interest in regional stability. China is striving to build economic and political ties in a region which the International Energy Agency […]
Palm oil prices are expected to rise further by early next year as stockpiles decline due to robust global demand ignited by the rapidly expanding biofuel industry, a leading analyst said on Friday.“We are moving into a market balance where demand is growing faster than supply, thanks to biodiesel,” he told Reuters in an interview […]
Alberta’s blue-eyed sheikhs offered a plaintive prayer in the early 1990s as sliding oil prices plunged the energy-rich Canadian province into recession. “Dear God,” ran their plea, featured on a popular bumper sticker. “Let there be another oil boom and I promise not to piss it away this time.” Their wish has been granted in […]
Energy security is a challenge that governments in Africa and the world have to confront as it is indispensable to improving peoples’ lives, South African Minerals and Energy Minister Buyelwa Sonjica said on Monday. “Whilst energy demand is increasing, the contribution of some primary energy sources to climate change presents us with challenges,” Sonjica told […]
Leaders of the Commonwealth of Independent States (CIS) are discussing the future of a post-Soviet grouping torn by disputes and stung by energy ultimatums from Russia. Western-leaning Georgia, Ukraine and Moldova are unsure they have a future in an organisation dominated by Moscow. They are more interested in membership of NATO, which was holding its […]
Venezuela has an oil economy. It is the world’s fifth-largest oil exporter and its oil reserves are among the top ten in the world. Oil typically generates 80 percent of the country’s total export revenue, contributes about half of the central government’s income, and is responsible for about one-third of the country’s gross domestic product […]
The rise in humanity’s emissions of carbon dioxide has accelerated sharply, according to a new analysis. The Global Carbon Project says that emissions were rising by less than 1% annually up to the year 2000, but are now rising at 2.5% per year. It says the acceleration comes mainly from a rise in charcoal consumption […]
BAGHDAD, Iraq – A mortar attack ignited a huge fire Monday night at an oil facility in northern Iraq, shutting the flow of crude oil to a major refinery, and a U.S. Air Force jet with one pilot aboard crashed in Anbar province, a hotbed of the Sunni-Arab insurgency, officials said. Al-Jazeera reported that the […]
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