Expert: “Peak oil” will force changes

Optimist that he is, Greg Pahl actually sees an upside to the latest jump in fuel prices: the growing realization among Americans that the gas crisis isn’t going away. “And those who do think this is a temporary anomaly are dreaming,” the author and renewable energy expert said in a phone interview from his home […]

Renewable Energy Has New Appeal in Bid to Slow Global Warming

Technology exists to curb the potentially harmful greenhouse gas emissions linked to global warming. That is the major finding in the most recent report from the United Nations Intergovernmental Panel on Climate Change, released in early May. Some of those technologies, including renewable energy sources like solar and wind power, geothermal and bio-diesel, are generating […]

Coal Is World’s Fastest Growing Source of Energy

Coal is the world’s fastest-growing energy source as rising oil prices prompt users to switch fuels, the U.S. Energy Information Administration said. Coal’s share of total world energy may climb to 28 percent in 2030, from 26 percent in 2004, the agency, part of the U.S. Energy Department, said in a report published yesterday. Consumption […]

World growth spurs faster climate change

Global warming is occurring faster than predicted because rapid economic growth has resulted in higher than expected greenhouse gas emissions since 2000, said an Australian report on Tuesday. Emissions from burning fossil fuels have increased about 3 percent a year since 2000, up from 1 percent a year during the 1990s, said Australia’s peak scientific […]

Iran’s secret plan for summer offensive to force US out of Iraq

Iran is secretly forging ties with al-Qaida elements and Sunni Arab militias in Iraq in preparation for a summer showdown with coalition forces intended to tip a wavering US Congress into voting for full military withdrawal, US officials say. guardian

House biofuels plan proposes $2 bln for plants

The U.S. government would underwrite up to $2 billion in construction of biorefineries and bioproduct plants under a House Agriculture Committee plan being considered this week. The bioenergy package would authorize a total of $4.5 billion for biomass research and loan guarantees to biofacilities through fiscal 2012. An Agriculture subcommittee was scheduled to discuss the […]

Oil Demand Growth May Slow in 2015

U.S. energy officials on Monday predicted worldwide demand for oil and refined products will grow at a slower rate starting in 2015 and that over the next quarter century oil prices will climb as high as $95 a barrel. By 2030, the share of worldwide energy that comes from oil and refined products will decline […]

Sales of incandescent bulbs to be forbidden in the Netherlands

Dutch environment Minister Jacqueline Cramer today announced she intents to forbid sales of incandescent lightbulbs in the Netherlands during her term in office. This would mean a total ban on sales of incandescent lightbulbs by 2010. Dutch lighting producer Philips, which by the way is a large producer of LED and luminescent lighting, claims that […]

Alarming Acceleration In Carbon Dioxide Emissions Worldwide

Between 2000 and 2004, worldwide CO2 emissions increased at a rate that is over three times the rate during the 1990sThe research showed that the increases in energy and carbon intensity constitute a reversal of a long-term trend toward greater energy efficiency and reduced carbon intensities.

The Oil Drum: May 15th Senate Hearings on Oil and Gas: We May Have A Problem

On May 15th, the Senate Committee on Energy and Natural Resources conducted a hearing entitled Short-Term Energy Outlook Summer 2007: Oil and Gasoline. You can listen to the web cast here. I have done so, and this essay will be about my impressions of the hearing. I don’t know if the committee members are really […]

National average gas price tops record

The average price of self-serve regular gasoline hit a record high of $3.18, rising more than 11 cents over the past two weeks, according to a nationwide survey released Sunday. The latest figure topped the record of $3.07 set two weeks ago, which had been the highest price since the average cost of a gallon […]

In Iraq, key oil bill goes nowhere

The nation’s Sunni vice president spoke out Sunday against a proposed oil law, clouding the future of a key benchmark for continued U.S. support for the government. “We disagree with the production-sharing agreement,” Tariq al-Hashemi said in Jordan, where he was attending an international conference. “We want foreign oil companies, and we have to lure […]

PetroChina budgets RMB 34.3 bln for recent major oil discovery

PetroChina, the nation’s largest oil and gas producer, has budgeted RMB 34.3 billion to develop its recently announced major oil discovery in Hebei province in order to meet its 2012 production target. Speaking after the company’s annual general meeting, CFO Wang Guoliang said the spending would allow it to bring the Nanpu section of its […]

7 ways to invest in the oil boom

Since January, the price of oil has risen from $50 to $65 a barrel. Didn’t notice? For casual investors that’s understandable. After all, the last time this happened – back in the summer of 2005 – soaring energy costs were front-page news. Unhappy consumers were accusing gas stations of price gouging. Oil company CEOs were […]

Electricity Crisis Hobbles an India Eager to Ascend

suburb south of New Delhi is where the fruits of IndiaHeraldTribune

Nigerian oil unions threaten to strike

Nigerian oil unions threatened Sunday to launch a strike next week to protest against the planned sale of two government-owned oil refineries to private investors. Representatives of the PENGASSAN and NUPENG oil workers unions told a joint press conference in Lagos that the strike against the proposed sale of the installations in the oil city […]

15 firms to bid for refinery

Kuwait National Petroleum Co (KNPC) said yesterday it expected at least 15 companies to bid for the construction of its planned new 615,000 barrels per day Al-Zour refinery. The new refinery would be the biggest in the Middle East, exceeding the capacity of Saudi Arabia’s 550,000-barrels-per-day Ras Tanura complex. Kuwait cancelled a first tender competition […]

Gulf Arabs fear new militant generation in Iraq

Gulf Arab countries have agreed to step up security cooperation to confront a new generation of militants spawned in the “fertile ground” of Iraq. “The basis of a security agreement has been arranged and it can be renewed if circumstances require,” Saudi Interior Minister Prince Nayef bin Abdul-Aziz said in comments carried on the official […]

Arctic takes brunt in dirty fight over oil

THE world’s largest untapped oil reserves – in the Canadian Arctic – have become the new front line in the battle between environmentalists and the energy industry. Shell, a self-styled “green” energy company, is to invest billions of dollars in exploiting the Athabasca tar sands. Environmentalists say the tar sands are the world’s dirtiest oil […]

Improving energy efficiency will require overcoming market distortions

In a new study, McKinsey&Company, one the world’s most respected management consulting firms, reports that the world should be able to cut energy demand growth by half over the next 15 years without compromising economic growth. However it says that market forces along will not drive the transition mongabay

Brown prepares to go nuclear on energy

Gordon Brown is to risk a backlash from environment campaigners and the Labour Left by endorsing a blueprint for a new generation of nuclear power stations. The programme, coupled with a big expansion in renewable energy, will be spelt out in the Government’s White Paper on energy to be published on Wednesday. telegraph

Big Oil Outslicked

Yet there’s no end to the sticky fingers of the state when it comes to motor fuels taxes — which are layered like a wedding cake. First comes the Feds. They hit you up for 18.4 cents on every gallon of fuel you buy. But that’s just for openers. Next in line is your state […]

Indonesia: Mandatory biofuel use necessary, says association

Biofuel producers are urging the government to make the use of biofuel compulsory in order for the eco-friendly fuel business to become more economically viable. A member of the Indonesian Biofuel Producers Association Paulus Tjakrawan told The Jakarta Post over the weekend that such a regulation, in which industry players and vehicle owners were required […]

Peak coal: sooner than you think

By Richard HeinbergFuture scenarios for global coal consumption are cast into doubt by two recent European studies on world coal supplies. The first, Coal: Resources and Future Production (PDF 630KB), published on April 5 by the Energy Watch Group, which reports to the German Parliament, found that global coal production could peak in as few […]

China and USA in New Cold War over Africa

To paraphrase the famous quip during the 1992 US Presidential debates, when an unknown William Jefferson Clinton told then-President George Herbert Walker Bush, globalresearch

Climate change puts nuclear energy into hot water

Long regarded with suspicion because of radioactivity, nuclear power suddenly has a revived image, thanks to the idea that many more plants could be built without worsening global warming. Unlike power plants fired by coal and natural gas, nuclear fission produces no carbon dioxide, the main greenhouse gas. But there is a less well-known side […]

Bee’s Global Losses at 80% due to Global Warming – Impact of Peak: Oil, GDP, CO2

Recently, beekeepers have reported losses of up to 80% of their hives from various locations around the globe. Over the past month, there have been several different hypotheses proposed for the sudden disappearance of bees recently coined “Colony Collapse Disorder” (CCD): marketoracle

Thailand mulls nuclear power to address its energy shortage

Fearing a looming electricity shortage, Thailand has for the first time included nuclear power as an option in its long-term energy planning, despite worries about environmental problems.The government’s planners believe that by the end of the next decade building nuclear plants will be the most affordable way of meeting the country’s growing energy needs. “We […]

China and America need not be energy rivals

Energy is markedly different from the other controversial matters that will be at the top of the US-Chinese Strategic Economic Dialogue, edition two, meeting this week in Washington. Trade and currencies are the now familiar issues at the centre of the economic tensions in the bilateral relationship. Energy, however, is about competition and the risks […]

China’s Energy Demand

IMPROVING ENERGY INTENSITY IS PROVING A DAUNTING TASK IN THE WORLD’S MOST POPULOUS NATIONChina, like India, is a nation of staggering population – well over 1.0 billion people – that is careening into the modern industrial age. In this report by Gordon Feller, it is clear that China recognizes the need to “leapfrog” the technologies […]

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