The draining of Africa

LET This has become so extreme that even the World Bank has recognized that there

Back from the Grave: A Look at U.S. Nuclear Power

Going back over the course of the last 28 years, taking a position against nuclear power has been quite easy. The partial core meltdown at Three Mile Island in the spring of 1979 was all the evidence that most people needed to be convinced that nuclear power was indeed more dangerous than advertised. And if […]

We need to act quickly on energy crisis

BRISTOL – Connecticut has to act quickly in the face of an impending global energy crisis, according to House Speaker James Amann. “This is a very serious situation,” said Amann. “This isn’t a Connecticut problem.” Amann – who said he used to dismiss warnings about global warming – said he now realizes it’s a real […]

U.S., British workers seized in Nigeria

PORT HARCOURT, Nigeria – Unidentified assailants seized two foreign oil workers Tuesday in the latest kidnapping to hit restive southern Nigeria, police said. The hostages included one American man, said Rivers State police spokeswoman Irejua Barasua. U.S. Embassy officials were not immediately available for comment. The other man was a Briton, said a colleague who […]

Nissan’s car navigation to offer fuel-saving tips

San Francisco (IDGNS) – Drivers of some Nissan cars in Japan from Monday will begin tracking the fuel efficiency of their vehicles on the Web thanks to a new system that ties in with the car’s existing navigation system. The new service is being offered through Nissan Motor Co.’s Carwings, which is a service-oriented component […]

Bush set to give ethanol industry its biggest boost yet

WASHINGTON: After three decades of surviving mostly on tax subsidies, the ethanol industry is poised on Tuesday to get its biggest endorsement yet as a potential homegrown alternative to gasoline. In his State of the Union address, President George W. Bush is expected to call for a huge increase in the amount of ethanol that […]

U.S. will need Mideast oil for years to come: Saudi

WASHINGTON (Reuters) – On the eve of U.S. President George W. Bush’s address to Congress which is expected to tout the need for more U.S. energy independence, Saudi Arabia’s U.S. ambassador on Monday said that the world’s biggest oil user will rely on Middle East crude oil “for many years to come.” Bush’s annual State […]

South Africa: Eskom Has Plan to Beef Up Electricity

Amid a growing furore over countrywide powercuts this week, Eskom said the government had approved a R97 billion plan to boost infrastructure as part of a range of long-term measures to avert future cuts. But consumers would have to pay more for electricity to sustain the infrastructure, which is set to come under even heavier […]

GM places bets on alternative fuel vehicles

By showing the Chevrolet Volt plug-in electric concept car this month at the North American International Auto Show, General Motors Corp. has staked its reputation — and a large chunk of change — on developing cars and trucks that can be propelled by something other than just gasoline.But development of the Volt’s so-called E-flex propulsion […]

Phillipine government projects P1.3-B savings with biofuels

The Phillipine government projects a savings of $26-million or about P1.3-billion worth of fuel imports with the initial implementation of the 2006 Biofuels Act. President Gloria Macapagal-Arroyo has signed into law in January 11, 1007 Republic Act 9637 or the Biofuels Act, which requires vehicle manufacturers and owners as well as oil companies to use […]

Japan’s demand for small cars hits profits

Japan’s carmakers, on a global expansion spree, are seeing margins increasingly squeezed in their home market as consumers turn to cheaper, more fuel-efficient minicars.The popularity of smaller cars is eroding profits in an already fiercely competitive market in which eight carmakers operate.Financial Times

Kunstler: Finding Hope in a Post-Oil Society

by James Howard KunstlerThe key to understanding the challenge we face is admitting that we have to comprehensively make other arrangements for all the normal activities of everyday life. I will return to this theme shortly, but first it is important to try to account for the extraordinary amount of delusional thinking that currently dogs […]

West left in the cold in Arctic oil boom

Moscow has closed the door further to Western participation in Russia’s Arctic energy wealth with a proposal to grant Rosneft and Gazprom, the state oil and gas companies, exclusive rights to develop offshore oil and gas. President Putin has approved the decision to grant Gazprom and Rosneft a monopoly through amendments to laws on subsoil […]

Saudi’s Naimi aims for moderate oil price-Japan govt

Saudi Arabia is aiming for moderate oil prices and assured Japan on Tuesday of supplies from the world’s top crude producer in case of emergencies, during a tour by its oil minister Ali al-Naimi of key Asian consumer nations. Saudi Arabia is pushing ahead with $80 billion investments in energy production to meet future oil […]

Calling an end to oil alarmism

Oil prices have ended their steep ascent — for now — and are headed downward. The near-universal alarm among politicians, pundits, and consumers over America’s dependency on foreign oil has yielded to a wary sense of relief. But both the prior alarm and the current relief are misguided. Few propositions are at once more widely […]

Solar Power Goes to Washington

But last week, two House members nonetheless introduced H.R. 6, the “American Energy Independence” bill. Among other things, the bill seeks to extend the 30% business credit for solar-cell (and fuel-cell) systems purchased for residential and business applications, and to create an accelerated depreciation period for all solar equipment. msnbc

Oil Sands Projects Steam Ahead in Alberta, Despite Harper

The Bush administration last week urged Canada’s natural resources agency to increase oilsands production in the Alberta province five-fold to 5 million barrels per day, but a spokesman for Prime Minister Stephen Harper said “not at the expense of the environment.” Meanwhile, while Harper turns his back on Alberta, oil companies are steaming ahead with […]

The Geopolitical Consequences of Peak Oil

Klare pointed out that there are two aspects of peak oil: the famous “Hubbert’s Peak” of the oil production bell curve in which less and less oil is produced as oil fields and oil provinces go into depletion; and the fact that all the easy, safe oil is pumped first and the harder to reach, […]

Report has ’smoking gun’ on climate

Human-caused global warming is here, visible in the air, water and melting ice, and is destined to get much worse in the future, an authoritative global scientific report will warn next week. The first phase of the Intergovernmental Panel on Climate Change is being released in Paris next week. This segment, written by more than […]

Total to invest six billion dollars in Indonesia oil and gas

French oil giant Total plans to invest another six billion dollars in Indonesia’s oil and gas sector over the next five years, chairman Thierry Desmarest has said. turkishpress

How Iraq and climate change threw the right into disarray

Ronald Reagan is dead and Margaret Thatcher is in her dotage. The ideological world that those two leaders created is now slipping away with them. From 1979 to 2004, the right won the battle of ideas in the western world. Conservatives triumphed because they got the two big issues of the era right: they were […]

Foreclosing America’s Energy Security (Agenda Part VIII)

What must we do to guarantee that our nation’s energy needs will continue to be met? Simply this: We have to become independent of foreign sources and the consequent political misadventures and fiscal extortion such dependence engenders — no more ill-conceived Mideast entanglements and no more shakedowns by OPEC and its cronies. We must become […]

President Bush, Please Declare a War on Oil!

To win the war on terror, we must first stop funding terrorists with our oil money. Let’s instead use our money to fund a war on oil. There is a lot of conventional wisdom that says we will have to stay dependent on oil. I ask all the experts and gurus to look at the […]

Brazil To Gain 123 New Biofuel Plants By 2010

Brazilian companies and other investors are likely to invest an estimated 17.4 billion Brazilian reals ($8.1 billion) in the country cattlenetwork

Crown to assess NZ biofuel potential

A deal announced today between two Crown Research Institutes and a US company is said to open up the possibility of New Zealand’s entire vehicle fleet ultimately running on biofuels grown and manufactured in this country. stuff

Russia seeks Indian oil capital

Russia is interested in attracting Indian capital into the Sakhalin-3 oil project off its far eastern coast, the Russian defense minister was quoted as saying Monday by news agencies. The east Siberian field of Vankor is another project in which Russia may seek Indian involvement, said Sergei Ivanov, who is also a deputy prime minister. […]

Russian audit chamber says ’significant’ violations at Total oil project

France’s Total SA had committed “significant” environmental violations at an Arctic oil and gas development, Russia’s financial watchdog said Monday, according to news reports. Foreign-controlled energy projects have come under increasing pressure from the Kremlin in recent months as it pursues a drive to secure majority state control in major oil and gas fields. Sergei […]

Nippon and SK enter historic oil partnership

SK Corp., South Korea’s largest oil refiner, said yesterday that it had forged a strategic partnership with Nippon Oil Corp., Japan’s No. 1 oil refiner, in the first alliance between top oil firms from different nations. SK and Nippon, in the simultaneous announcement of the partnership, said the strategic tie means cooperation in five key […]

German nuclear phase-out threatens emissions target

Germany’s plan to phase out nuclear energy will make it miss its CO2 emission targets, raise electricity prices, cause more blackouts and “dramatically” increase Berlin’s dependence on imported Russian gas, an independent study has warned. The 60-page paper by Deutsche Bank is a serious indictment of chancellor Angela Merkel’s decision, despite personal misgivings, to stick […]

Glaciers may vanish from Alps by 2050

VIENNA, Austria – Glaciers will all but disappear from the Alps by 2050, scientists warned Monday, basing their bleak outlook on mounting evidence of slow but steady melting of the continental ice sheets. In western Austria’s Alpine province of Tyrol, glaciers have been shrinking by about 3 percent a year, meaning their mass decreases annually […]

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