Arab world gains 25% more billionaires

Thirty dollar billionaires from the Arab world, worth a combined Guardian

Defence report underlines terrorist threat to oil refineries

Oil refineries could become a key target in terrorist efforts to cripple economies around the globe, warns a Department of National Defence report obtained by the Ottawa Citizen. The newly released study comes as the Canadian Forces gearup to practise protecting such facilities and other energy infrastructure in an exercise to run April 16 to […]

In the Zone – Kunstler

The fiasco in real estate and mortgage lending seems finally to be breaking through the reality shield of the mainstream media. Last week, for example, NPR’s nightly Marketplace show actually ran a segment saying that the production homebuilders were choking on unsold houses and that (as if NPR had just discovered this) the mortgage industry […]

Is ‘King Coal’ making a comeback?

Coal is trickling out of a Yorkshire mine for the first time in 13 years. Hargreaves Services, the country’s biggest independent coal producer, has bought a pit and there are rumblings about re-opening five mines in south Wales. So is “King Coal” making a comeback? Not as a major producer but as a power generator, […]

Methane – The Other Greenhouse Gas

Methane is produced from underground and surface mines, and as a result of post-mining activities including coal processing, storage, and transportation. Underground mines are the single largest source of coal mine methane (CMM) emissions in most countries. Globally, CMM accounts for 8% of total methane emissions resulting from human activities.The production, processing, transmission, and distribution […]

Gazprom plans to become global energy leader

Russia’s energy giant Gazprom said Tuesday it plans to become the world’s largest energy company. Alexander Medvedev, general director of Gazprom Export, said the energy giant’s transition to the principle of equal prices from 2011 will facilitate this task.“It is not enough for us simply to meet 25% of global gas consumption. We want to […]

Risks of rising oil nationalism

It’s hard to shed a tear for Big Oil. The top five publicly traded companies racked up a record $119.5 billion profit last year – roughly the size of Ireland’s economy. Yet these corporations are steadily losing ground to a surging group of nationally run companies – a trend that could come back to hurt […]

Vietnam’s crude oil export down in Q1

Vietnam exported over 3.9 million tons of crude oil worth more than 1.7 billion U.S. dollars in the first quarter of this year, down 7.9 percent and 14.6 percent respectively year-on-year.Vietnam is going to reduce export of fossil fuel like crude oil and coal to foster its petroleum and petrochemical industries, and ensure sufficient supplies […]

China to adjust its refined oil pricing mechanism: Official

China is waiting for the right opportunity to adjust its refined oil pricing mechanism but disadvantaged groups will be subsidised, a senior official has said. Reform of the refined oil pricing mechanism is closely tied to international oil price fluctuations, said Chen Deming, vice chairman of the National Development and Reform Commission (NDRC), the country’s […]

Beijing explores sea beds, in search of oil

Increased costs and rising consumption added to dwindling reserves in the East China oil fields push big oil companies to step up offshore exploration, notably in Bohai Bay where rich reserves have been discovered. The South China Sea and African waters also ear marked for deep sea exploration.Zhang Weiping, deputy chief economist of the China […]

A Better Biofuel

A California biotech company is engineering microbes to produce cheap biofuels that could out-compete ethanol.Stroll the streets of San Francisco and you’re likely to overhear someone talking about biofuels. It’s the latest technology wave to hit the Bay Area, and scientists and investors are swarming toward any startup claiming a better way to make ethanol […]

There Is No Food Vs. Fuel Debate According To MSU Scientist

As more and more corn grain is diverted to make ethanol, there have been public concerns about food shortages. However, ethanol made from cellulosic materials instead of corn grain, renders the food vs. fuel debate moot, according to research by a Michigan State University ethanol expert. .medicalnewstoday

Sequestering Carbon, An Evil Solution?

Farming 6% of the continental U.S. acreage with biomass crops would provide all of America planetsave

Solar going mainstream — for the realz this time

Solar power is going mainstream! So they have said, anyway, for about 30 years now. This time, however, there are good reasons to believe the hype. As Adam keeps reminding us, solar is incredibly popular — huge majorities favor it, and favor gov’t incentives to support it. Prices have been falling for years, orders are […]

Oil prices, CO2 concerns to spur nuclear renaissance: CERA

High fossil fuel prices and a global push for cleaner energy have created an environment ripe for a nuclear renaissance, Cambridge Energy Research Associates said in a report published Monday. Despite obstacles such as high-level radioactive waste disposal, non-proliferation concerns, high investment costs and engineering shortages, CERA Senior Director Jone-Lin Wang and Associate Director Christopher […]

Shell reserves show shift from oil to gas

Royal Dutch Shell pumped twice as much oil as it found last year, forcing the company to rely on traditionally lower-margin natural gas and oil sands to boost its reserves. Figures issued on Monday echoed a trend across the industry as resource holders increasingly shun the oil majors. reuters

Russian expert says Iran can make nuclear weapons

Russia’s leading nuclear scientist said on Monday that it was just a question of time before Iran developed a nuclear weapon and it should be stopped. The Islamic republic, facing a showdown with the United States over its nuclear ambitions, clearly has the know-how to make atomic weapons, said Yevgeny Velikhov, a leading physicist and […]

Alternative-Fuels Pioneer Receives Award for Sustainability

Your car could soon become a vegetarian thanks to a process for cost-effectively converting cellulosic biomass, such as grass, wood, wheat and rice straw, into ethanol that can be used for fuel. When it does, it will be due to inventors such as Lee Lynd, professor of engineering and adjunct professor of biology at Dartmouth […]

Funding for Alternative Energy Climbs

The amount of venture capital and private equity flowing to the worldwide alternative energy industry surged in the first quarter, according to a report released Monday by a London-based research group. New Energy Finance Ltd. reported venture capital and private equity firms poured some $2.23 billion into alternative energy projects worldwide in the first quarter. […]

US Senators Introduce Bill to Nationalize California Tailpipe Greenhouse Gas Sta

US Senators Dianne Feinstein (D-CA), Susan Collins and Olympia Snowe (both R-ME) have introduced a measure (S.1073) that would require automakers to reduce new vehicle greenhouse gas emissions 30% below 2002 levels by 2016. This would nationalize California greencarcongress

Supreme Court Decision Paves Way for Federal Regulation of Greenhouse Gas Emissi

The Supreme Court greencarcongress

Scientists weigh downside of palm oil

AMSTERDAM, Netherlands – Only a few years ago, oil from palm trees was viewed as an ideal biofuel: a cheap, renewable alternative to petroleum that would fight global warming. Energy companies began converting generators and production soared. Now, it’s increasingly seen as an example of how well-meaning efforts to limit climate-changing carbon emissions may backfire. […]

Court gives boost to environmentalists, rules against Duke Energy

The Supreme Court gave a boost Monday to a federal clean air initiative aimed at forcing utilities to install pollution control equipment on aging coal-fired power plants. In a unanimous decision, the justices ruled against Duke Energy Corp. in a lawsuit brought by the Clinton administration, part of a massive enforcement effort targeting more than […]

“Peak Oil” – Why Smart Folks Disagree – Part II

There continues to be considerable disagreement on both the timing and the magnitude of Peak Oil, though last week’s GAO report(pdf) should be helpful in shrinking that gap. Part I of this 3 part series summarized some of the recent discussion of why some are very concerned about Peak Oil and others are relatively unconcerned. […]

Court rules against Bush in global warming case

WASHINGTON (Reuters) – In a defeat for the Bush administration, a closely divided Supreme Court ruled on Monday that a U.S. government agency incorrectly determined it lacks the power to regulate greenhouse gas emissions that spur global warming.The nation’s highest court said the U.S. Environmental Protection Agency “has offered no reasoned explanation” for its refusal […]

DIW warns of rising oil prices over Iran-UK row

LONDON (IranMania) – The ongoing crisis between Iran and Britain over the arrest of 15 British sailors who violated Iranian territorial waters, may trigger a rise in crude oil prices, according to an energy expert at the German Institute for Economic Research (DIW), IRNA reported. “The oil price will develop towards the 70 dollar mark […]

Stay in the City and Don

Intentional Community Pioneer Albert Bates Talks About Surviving Peak Oil Albert Bates doesn

Jordan plans nuclear energy by 2015

“Ynet” news reported today that Jordan is planning to construct a nuclear reactor for peaceful purposes. Quoting a report in London today by “Al Hayat,” Ynet said that Jordan intended to operate its first reactor for the purpose of energy production in 2015, “to ensure a better future and achieve continuous development” for the kingdom, […]

European Energy: Role Reversal

Knowingly or not, Britain Hubbert

The ELP Plan: Economize, Localize and Produce

By: Jeffrey J. Brown In this article I will further expound on my reasoning behind the ELP plan, otherwise known as I have been advising for anyone who would listen to voluntarily cut back on their consumption, based on the premise that we were probably headed, in a post-Peak Oil environment, for a prolonged period […]

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