dea Cellular, which will launch its Initial Public Offering (IPO) on Feb. 12, Ericsson and the GSM Association’s (GSMA) Development Fund have teamed up to develop biofuels as a source of power for wireless networks in rural India. In a pilot project in Pune, the three organizations will begin using biofuels to power mobile base […]
The United States and Brazil, the two largest biofuel producers in the world, are meeting this week to discuss a new energy partnership that they hope will encourage ethanol use throughout Latin America and that U.S. officials hope will diminish the regional influence of oil-rich Venezuela. U.S. officials said they expect to sign accords within […]
Money may not grow on trees but they could help power cars, thanks to a path-breaking effort to develop biofuel from forests. By 2010, China plans to plant an area the size of England, or 13 million hectares, with trees from which biofuel can be extracted as a source of clean energy, according to the […]
During the 1970s, the Ford administration strongly supported the Shah of Iran’s plan to develop nuclear energy, according to The Washington Post. President Ford even endorsed a multibillion-dollar deal that would have provided Tehran with substantial quantities of plutonium and enriched uranium, either of which could be used to build nuclear bombs. “The introduction of […]
Major British retailer Tesco has announced that it will soon label all produce that has been airfreighted to Britain with a sticker. Environmentally conscious customers would this way be warned of the energy costs of getting this product to market.Unlike food miles, which only measure transport costs, done properly this may actually help sell New […]
President Vladimir Putin recently signed the so-called “tunnel law,” which is opening new vistas for Russia’s civilian nuclear power industry.The law is designed to rationalize the legal and institutional conditions for the operation of the energy-and-industry sector, and make it more competitive internationally and more attractive for investment. It separates the Russian nuclear power sector […]
In the months after 9/11 there was much discussion about the American government’s failure to “connect the dots.” Hints and clues that Al Qaida was about to launch airborne suicide attacks inside the US abounded but nobody put the bits and pieces together into a convincing warning. Such it may be with peak oil. There […]
According to Simon Dyer, researcher for the University of Alberta’s Pembina Institute and co-author of the report, Death by a Thousand Cuts, Alberta is facing a serious environmental crisis due to oil sands development in the northern part of the province. Many wide-ranging environmental concerns associated with the oil sands are discussed in the report, […]
– Mexican state-run oil monopoly Pemex confirmed a gloomier forecast on Wednesday for fast-declining oil output at its aging Cantarell field, but said from now on it could keep total crude production steady. Chief Executive Jesus Reyes Heroles said the company’s official production estimate for Cantarell was for an average of 1.526 million barrels per […]
On this third installment of the Contrarian Arguments series we’ll address the “Markets Will Solve It” claims. A regular economist will tell you a fable like this: If a shortage of potatoes occurs either by lack of supply or by growth on demand the market price will rise. This new higher price will signal to […]
Jake Caldwell, the Director of Policy for Energy Opportunity at the Center for American Progress released a new report, “Fueling a New Farm Economy: Creating Incentives for Biofuels in Agriculture and Trade Policy.” It outlines how biofuels can reduce global warming and global poverty while boosting our energy security and global free trade. An executive […]
WASHINGTON The promises of more federal dollars clashed with fiscal reality as a deficit-minded Bush sent his first budget to a Democratic-controlled Congress. The president’s spending proposals are certain to provoke fights as energy policy moves back to prominence on Capitol Hill amid heightened concerns about global warming and U.S. dependence on foreign oil. Bill […]
WASHINGTON (Reuters) – While the housing downturn has depressed once-thriving real estate markets around the nation, far-flung suburbs of major cities have suffered the most abrupt market correction. Home construction in these distant exurbs has slowed and prices and sales have fallen more than those of close-in suburban neighbors since a five-year housing boom ended […]
The People’s Liberation Army (PLA) has ordered China’s armed forces to cut costs and save energy in response to the government’s call for a resource efficient and environment-friendly society. “The armed forces should be leading the drive to build a resource efficient society,” Liao Xilong, director of the PLA General Logistics Department, said at a […]
LONDON (Reuters) – Dire warnings from top scientists that mankind is to blame for global warming set off alarm bells everywhere — but many of the world’s churches have already “gone green” in the race to save the planet. For Christians, Jews and Muslims, the message is the same — mankind has “stewardship” of the […]
…Any lasting solutions will have to be extremely simple, and – because of the cost implicit in reducing the use and emissions of fossil fuels – will also have to benefit those countries that impose them in other ways. Fortunately, there is such a solution, one that is grippingly unoriginal, requires no special knowledge of […]
The American Council for an Energy-Efficient Economy’s 10th annual “Greenest Cars” list includes only vehicles from Asian manufacturers. “When you look at the specs that matter, it’s fair to say the imports have Detroit’s number,” said ACEEE analyst James Kliesch.CNN
With record profits, some investors believe dividend boosts are in order. But experts say managers at the majors are making the prudent choice in holding back. NEW YORK (CNNMoney.com) — Like a big fat pig roasting on the spit, Big Oil’s record profits have got investors salivating to carve up the cash pile. Faced with […]
In Bangor, thieves brazenly removed catalytic converters in a busy hospital parking lot in broad daylight. Police also have fielded reports in recent weeks in Alabama, California, Louisiana, New York, North Carolina, Ohio and Tennessee. Catalytic converters contain small amounts of valuable metals – platinum, rhodium and palladium – and the value of those precious […]
We have often implicitly criticized the ‘neocolonial’ attitudes of NGOs, governments and environmental agencies from the West when it comes to the issue of deforestation and development in the South. Their idea that the world’s rainforests and the environment is a ‘universal’ good and must be protected is of course entirely legitimate. But where they […]
The current price of corn is $3.23 a bushel, more than half again what it was a year ago, and beginning to bring to mind the record $5.545 a bushel set in July 1996. There are many reasons for this price spurt. The ethanol boom has created a sharp new demand for corn. The Department […]
When it comes to fighting climate change, bioenergy has one major advantage over carbon ‘neutral’ renewables such as solar, wind, geothermal or tidal energy: it can be used as the foundation stone of a radical carbon negative energy system. Scientists call such a system ‘Bio-Energy with Carbon Storage’ (BECS) and it consists of the following […]
BP PLC’s (BP) Thunder Horse oil and gas project is due to start up by the end of 2008, the company’s designate chief executive Tony Hayward said Tuesday. BP had previously said the project wouldn’t start before mid-2008. The start of production at the company’s Thunder Horse field in the Gulf of Mexico was postponed […]
Australia must reduce its reliance on oil and consider imposing vehicle congestion charges in major cities, a key report on the country’s future oil supply suggests. The analysis by the Senate’s bipartisan Rural and Regional Affairs and Transport committee also calls for increased funding for ethanol research to help develop the biofuels industry. The document, […]
President, Enugu Chamber of Commerce and Industry, Mines and Agriculture (ECCIMA), Sir Rob Anwatu, has said persistent energy crisis in the South-east is making life miserable for companies, particularly manufacturing firms. Briefing newsmen on the planned 18th Enugu International Trade Fair, Anwatu said although manufacturing firms have always had the problem of power and are […]
Global oil demand growth is seen rising 2% annually through 2011, the International Energy Agency said Tuesday, in a forecast that is more optimistic about the rate of future energy consumption compared with previous five-year periods, because of rapid growth in Asia. World oil consumption growth is expected to rise on average by 1.8 million […]
BEIJING, Jan. 29 (Xinhua) — China’s first strategic oil reserve base began operation on Monday as oil started filling up its tanks, according to a National Development and Reform Commission (NDRC) official. “Compared with the United States and Japan, China is late in building its first strategic oil reserve and the size of the reserve […]
BEIJING (MarketWatch) — China’s government has granted approval to China Petroleum & Chemical Corp. (SNP), or Sinopec, and China National Chemicals Import & Export Corp., or Sinochem, to expand their crude oil terminals in eastern Zhejiang province near the country’s strategic oil reserves, the country’s top planning agency said Monday. The expansion will allow the […]
As energy demands devour crops once meant for sustenance, the economics of agriculture are being rewritten Greg Boerboom raises 37,000 pigs a year on his farm in Marshall, Minn. Those hogs eat a lot of corn Corn is caught in a tug-of-war between ethanol plants and food, one of the first signs of a coming […]
…An energy crisis looms over Iran’s future. They currently consume half of their oil production. As the consumption rate increases, their available income will seriously diminish. In 2004, oil exports accounted for 65% of the government’s revenue. Any disruption within their oil sector would cripple their economy. And their oil industry is continually degrading. The […]
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