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News from December 2006

Canadian Income Trusts at Risk

Canadian Income Trusts at Risk thumbnail

Canada’s energy trust sector has been left “in limbo”, with firms not sure if they are allowed to make acquisitions under the country’s plans to make trusts pay corporate tax, according to a income trust spokesman. The uncertainty for energy trusts also means that some firms have already become ripe acquisition targets, said George Kesteven, […]


Amory Lovins on Charlie Rose

Amory Lovins on Charlie Rose thumbnail

Amory Lovins, CEO of the Rocky Mountain Institute, discusses alternative fuels and the future of energy.

Google Video


Bodman: Africa Increasing in Strategic Energy Importance

Bodman: Africa Increasing in Strategic Energy Importance thumbnail

U.S Energy Secretary Samuel Bodman said Friday that Africa – one of the fastest growing petroleum regions in the world – was of growing strategic energy importance to the U.S., particularly as it tries to diversify its supply of oil and gas. …Any hopes the U.S. may have to loosen some of the control the […]


Cameroon: New Firm to Soothe Country’s Energy Crisis

Cameroon: New Firm to Soothe Country’s Energy Crisis thumbnail

The Cameroon government has established a new power firm to boost the West African country’s energy sector, according to a presidential decree. The public Electricity Development Corporation (EDC), would manage the old infrastructure, as well as promote public and private sector investment to reduce power failures by increasing energy supply. The firm would acquire funds […]


Energy efficiency challenges small businesses

Energy efficiency challenges small businesses thumbnail

HAMMOND, INDIANA – Small businesses like El Taco Real restaurant, in Hammond, would like to become more energy-efficient. But some key ingredients are missing. “There’s just not enough information out there right now,” said Raymundo Garcia, owner/operator of El Taco Real. “As a small business owner, you are working so hard day to day.”Also, a […]


Alaskans should take notice.

Alaskans should take notice. thumbnail

Scott Waterman of the Alaska Housing Finance Corporation earlier this week spoke to three southern Kenai Peninsula audiences about the importance of finding new ways to get the most out of our energy resources. The presentation was titled “Peak Oil and the Economics of Energy Efficiency,” but the lessons were about responsibility and stewardship. The […]


China sees tackling climate change as urgent-Stern

China sees tackling climate change as urgent-Stern thumbnail

China’s leaders recognise that tackling climate change is urgent and that reducing greenhouse gases does not mean slamming the brakes on growth, the author of an acclaimed report on global warming said on Friday. At a news conference to outline a study he presented to the British government in October, former World Bank chief economist […]


Analysis: Reid to change U.S. energy plan

Analysis: Reid to change U.S. energy plan thumbnail

When he takes control of the U.S. Senate in January, Harry Reid’s agenda will include moving the country toward energy independence — a U.S. security issue, he says — which he blames the Republican Congress and president for hindering. UPI


An Answer to the World’s Energy Problems?

An Answer to the World’s Energy Problems? thumbnail

The smallest creatures on the planet may help solve one of the world’s biggest problems, according to a new report from a distinguished panel of scientists. abcnews


How to win the winnable war? Oil

How to win the winnable war? Oil thumbnail

Did anybody really need a leaked memo from the National Security Agency to figure out that Iraqi prime minister Nouri al-Maliki is incapable of stopping the carnage in Iraq? Given that his political power depends on factions allied with Shiite militias behind much of the carnage, Maliki has never fit the white hat and brass […]


Peak Oil Passnotes: We Were on the Money

Peak Oil Passnotes: We Were on the Money thumbnail

The power of the U.S. market to propel the rest of the world resourceinvestor


OPEC Expansion Ups Clout But Also Brings Problems

OPEC Expansion Ups Clout But Also Brings Problems thumbnail

The already sizeable footprint of the Organization of Petroleum Exporting Countries in global oil markets is set to become even bigger as the group prepares to enlarge its club with new members and with oil production from non-OPEC countries set to plateau within the next decade. rigzone


Commodity Strategists: Oil Prices May Fall Next Year, Baer Says

Commodity Strategists: Oil Prices May Fall Next Year, Baer Says thumbnail

Crude oil prices may fall 7.5 percent next year because of an increase in supplies from Russia, Brazil and Angola, said Bank Julius Baer & Co., Switzerland’s largest independent money manager. bloomberg


Forecast: U.S. Renewable Energy to Hit 700 GW

Forecast: U.S. Renewable Energy to Hit 700 GW thumbnail

The U.S. renewable energy industry collectively tallied its future deliverable energy capacity at 550 to 700 gigawatts (GW) in Washington, DC yesterday. At such a GW-production rate, the U.S. could produce, at a minimum, 25% of the country’s electrical energy requirement with renewable energy by 2025. renewableenergyaccess


Genetically engineered blood protein can split water into oxygen and hydrogen

Genetically engineered blood protein can split water into oxygen and hydrogen thumbnail

Scientists have combined two molecules that occur naturally in blood to engineer a molecular complex that uses solar energy to split water into hydrogen and oxygen, says research published today in the Journal of the American Chemical Society. eurekalert


GreenFuel makes biofuels from Arizona power plant emissions

GreenFuel makes biofuels from Arizona power plant emissions thumbnail

GreenFuel Technologies Corp. reports it has successfully recycled the carbon dioxide (CO2) from the stack gases of a power plant of its partner, Arizona Public Service Co., into transportation grade biofuels. By using Cambridge-based GreenFuel’s Emissions-to-Biofuels algae bioreactor system connected to APS’ 1,040 megawatt Redhawk power plant in Arlington, Ariz., GreenFuel was able to create […]


Energy industry: Give us something solid

Energy industry: Give us something solid thumbnail

Utility execs see carbon restrictions as inevitable, want regulations ’soon rather than later;’ seek stability in oil markets; questions linger over nuclear power. NEW YORK (CNNMoney.com) — Uncertainty over nuclear power, impending carbon regulation and the desire for predictability in the global oil market are some of the leading issues in the energy industry today, […]


The Oil Drum: A Credible Threat?: Saudi Arabia Threatens Iran with Economic War

The Oil Drum:  A Credible Threat?: Saudi Arabia Threatens Iran with Economic War thumbnail

Stuart Staniford returns and says: “So I was awoken from my peak-oil slumber by this fairly extraordinary oped in the Washington Post. It consists of a series of threats by Nawaf Obaid, a “an adviser to the Saudi government”, who is expressing opinions that are “his own and do not reflect official Saudi policy”, but […]


Are We Heading for Peak Gas?

Are We Heading for Peak Gas? thumbnail

My colleague Byron King, who joined me in attendance at the ASPO – USA conference, wrote about Dave Hughes As Mr. Hughes stated at the beginning of his presentation, he reminds us that he is


Solstice 2100

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by John Michael Greer My second attempt to use the tools of narrative fiction to explore the deindustrial future, this story is set half a century after “Christmas Eve 2050.” Once again the subject is an American family’s experience in a world after peak oil. Between the two narratives, several more cycles of catabolic collapse, […]


The Other Future

The Other Future thumbnail

…It isn’t energy per se that is the problem, but the problem of recycling petrodollars and the marginal profits of energy. Namely, if the last barrel of oil that keeps everyone happy is at $64/barrel …This is where global warming and peak oil come in. Changing the energy basis of the global economy allows this […]


Tipping point: energy

Tipping point: energy thumbnail

What we can do about passing the energy tipping point The energy tipping point has been reached, just as a system such as the climate has been found to have a critical threshold that some scientists believe has probably been reached. Obviously, climate disaster is much more ominous than the enormous consequences of passing the […]


Surprise: Not-so-glamorous conservation works best

Surprise: Not-so-glamorous conservation works best thumbnail

Efficient appliances and flourescent bulbs are easy upgrades that make a big difference, experts say. When high school science teacher Ray Janke bought a home in Chicopee, Mass., he decided to see how much he could save on his electric bill. He exchanged incandescent bulbs for compact fluorescents, put switches and surge protectors on his […]


Spring likely to see spike in gas prices

Spring likely to see spike in gas prices thumbnail

WEST PALM BEACH “You are looking at a significant increase” in the cost of gas, said Kloza, who is known in the industry as Pump Daddy. “You are looking at prices going up 50 to 60 cents at the top.” Kloza, 52, has been analyzing oil prices for 30 years and is one of the […]


Kuwait Taps Banks to Reassess Oil Output Plan

Kuwait Taps Banks to Reassess Oil Output Plan thumbnail

Kuwait has hired banks Morgan Stanley and Lazard to help the Gulf state reassess how it should go about developing several oil fields that are key to boosting its long-term oil supplies, Kuwait’s oil minister told Dow Jones Newswires Thursday. The banks have been enlisted to assess the costs – originally put at around $8.5 […]


The Devil and the details

The Devil and the details thumbnail

On the nearby Pecho Coast, American nuclear energy effectively died but if the neo-cons eye a renaissance, it must begin at Diablo Canyon Twelve years before the accident at Three Mile Island, world-renowned nature photographer Ansel Adams penned a chilling statement. “Diablo Canyon was prophetically named,” Adams wrote in the Feb. 1967 edition of the […]


The planet is taking a hit from unsustainable industrial agriculture

The planet is taking a hit from unsustainable industrial agriculture thumbnail

Have you ever considered how much energy it takes to get food from the farm to your table? Or how many miles the food has traveled to reach you? These are two of the questions raised by Dale Allen Pfeiffer in Eating Fossil Fuels, a ringing indictment of industrial agriculture. One reason Pfeiffer condemns industrial […]


Ethanol demand boosting corn prices

Ethanol demand boosting corn prices thumbnail

The ethanol industry’s growing appetite for corn has pushed prices for the grain to their highest levels in a decade amid a surge that agricultural experts say could lead farmers next spring to plant their largest corn crop in 60 years. Farmers who plant more corn in 2007, however, will be betting that the nation’s […]


Britain could face winter gas shortages

Britain could face winter gas shortages thumbnail

Britain could face a repeat of last winter’s gas shortages and soaring energy prices if a prolonged period of colder-than-average weather sets in this winter, independent analysts Global Insight said on Thursday. The launch of new pipelines to import gas from Norway and the Netherlands may not be enough to offset declines in output from […]


Biofuel increasing China’s corn imports

Biofuel increasing China’s corn imports thumbnail

China may become a net corn importer in a few years partly as a result of robust demand from ethanol production. While it’s still unclear when the shift will happen, some analysts already see signs of farmers reacting to the growing demand by shifting to corn and away from other crops like soybeans. “Corn stocks […]


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