Top CEOs Release Energy

Business Roundtable, an association of 160 CEOs of leading U.S. companies, has released an energy plan calling for a more diversified and domestic-based energy supply mix, increased energy efficiency and greater investment in new energy technologies. The recommendations, available in the plan entitled environmentalleader

Greenhouse Gas Pledge by G-8 Will Boost Climate Talks, UN Says

A pledge by the Group of Eight leaders to tackle greenhouse gas emissions will energize international climate change talks in Bali later this year, the United Nations said. “This is a breakthrough,” Yvo de Boer, the UN’s top climate official, said in a statement yesterday. The agreement at the G-8 summit in Germany “will send […]

Azerbaijan Announces Oil Reserves

The resource-rich Caspian Sea nation of Azerbaijan has an estimated 1.35 billion metric tons (9.45 billion barrels) of proven oil reserves, a top official in the state oil company SOCAR said Thursday. He stressed that exploration was continuing in the former Soviet republic, and said there were several promising sites. forbes

How Oil Companies Saved the Electric Car

A study performed last May found that the average family with 2 commuters in Atlanta spends about $5,700 annually on fuel. Over a five year period, then, the fuel bill for that Atlanta couple will come to around $28,500; and that’s based on the unlikely assumption that gas prices stay at their 2006 average. Coupled […]

Can Bourbon Solve America

The Japanese are ahead of us again. In a new plan to make their country energy independent, the government has turned to sake, the Japanese rice wine. Now it longislandpress

BP in talks to enter biofuel business

British-based oil giant BP Plc. is currently in talks with a local company to jointly set up a biofuel business in Indonesia so as to benefit from the country’s ambitious alternative energy program. Evita H. Legowo, the first secretary of the National Biofuel Development Committee, said Wednesday that BP was looking to enter into a […]

Iran Seeks to Undermine U.S. Energy Plan for Europe

Iran plans to import more oil and gas from Central Asia as it seeks to undermine a U.S.-backed project to build pipelines from the Caspian Sea to Europe. Iran intends to build its own energy link from Kazakhstan and Turkmenistan to rival a U.S.-supported web of pipelines, Mahmood Khaghani, director of Caspian Sea affairs in […]

UN Report: Global Food Import Costs Rising; Biofuels Partly to Blame

Global food import bills are increasing, partly due to the soaring demand for biofuels, according to the United Nation greencarcongress

G8 leaders agree to climate deal

Leaders of the G8 nations have agreed to seek “substantial” cuts in emissions in an effort to tackle climate change. German Chancellor Angela Merkel said the G8 would negotiate within a UN framework to seek a replacement for the Kyoto Protocol by the end of 2009. BBC

Europe’s seas face ‘bleak future’

Europe’s seas are in a “serious state of decline” as a result of coastal development, overfishing and pollution from agriculture, warn scientists. The continent’s regional seas will deteriorate even further unless action is taken to curb the threats, they add. Economic growth and the expansion of the EU, the researchers suggested, had contributed to the […]

Shell Confident Nigerian Production Will Return by Year-end

Royal Dutch Shell has high hopes for Nigerian oil production following a seemingly democratic presidential election two months ago, said a company official. Malcom Brinded, Shell’s head of exploration and production, said the company expects to see some production return at the end of this year after the presidential elections in April this year passed […]

Green Urbanism

Green and urban. At first glance the two go together like balloons and thumbtacks. But combine green building concepts and urbanist ideals and you’ve got just that, “green urbanism,” a growing movement toward walkable communities that are not just nice to live in but good for the environment, too. We Americans tend to look for […]

Your World-Saving, Bill-Cutting Home Starts Here

27,022 kilowatt-hours. That’s how much energy the average U.S. home uses in a year. Scroll around above to see where it all goes, then click through for tips and projects (also listed below). This diagram, based on data from the Department of Energy, can help homeowners spot the best ways to boost efficiency. The numbers […]

10 things you should know about gas prices

If you believe the experts, the oil companies aren’t lying to you; it really is supply and demand. And no, it isn’t price gouging by any legal definition; it’s just the normal profit taking.

MSN

Coal Futures: Will this energy standby truly last for centuries-or just decades

With the price of gasoline so volatile of late, it is not hard to accept the argument that the world may be entering the period of “peak oil,” a time in which the extraction of oil from the ground becomes limited by geological constraints on the amount globally available. Resource analysts differ in their assessments. […]

Climate change wreaks havoc on Asian water resources

WASHINGTON (AFP) – Asia is expected to face a serious shortage of fresh water due to climate change, with more than one billion people forecast to be hit by the crisis, a US State Department report warned Wednesday. “Reduced freshwater availability in Asia could affect more than one billion people by the mid-century,” said the […]

The Oil Drum: Corn-Based Ethanol: Is This a Solution?

Many people have high hopes for ethanol made from corn–that it will prevent future gasoline shortages, prevent global warming, be a wonderful investment, and improve the income of farmers, among other things. Other observers raise a whole host of concerns including scalability, impact on the environment, and impact on food prices. Why is there such […]

Chris Skrebowski on spare global petroleum capacity

Chris Skrebowski, editor of the UK Petroleum Review, talks with GPM’s Julian Darley about the latest spare capacity estimates for the Middle East and the world. Podcast or streaming audio. Global Public Media

Saudi prince Bandar received arms cash

A Saudi prince who negotiated a The payments were made with the full knowledge of the Ministry of Defence. The investigation found that up to

The Death of Conventional Oil

Remember the good old days when oil was $50 a barrel? I know that was only a few months ago–but just wait a few years from now when you’re wishing the price for a barrel of sweet crude was below $100. The reality is that peak oil is a lot closer than you think. Twelve […]

Profiting From Climate Change: Ignore Gore the Bore, Build A

…Who Right now, the floatels are designed to accommodate workers at offshore oil and gas facilities. Considering the declining production at the world

Russia’s nuclear power company finds business is good – in Iran and elsewhere

MOSCOW: The Russian nuclear power company, Atomstroyexport, has been roundly criticized for helping Iran build its nuclear program. But that project, along with the company’s mouthful of a name, is not hurting its business prospects. A former branch of the Soviet atomic energy ministry, Atomstroyexport has been the Kremlin’s main instrument to meet rising global […]

First UK biodiesel train launched

The UK’s first train to run on biodiesel is going into service as part of an attempt to make rail travel more environmentally friendly. The Virgin Voyager has been modified to run on eco-friendly fuel and the company is aiming to convert more in the future. The train uses a blended fuel which is 20% […]

Quebec to collect nation’s 1st carbon tax

Energy companies will pass cost to consumers, say analysts Quebec will implement Canada’s first carbon tax in October, collecting just under one cent a litre from petroleum companies in the province, which will raise about $200 million a year to pay for energy-saving initiatives such as improvements to public transit. The tax will amount to […]

Columbus is Dead #3: The Imminent Threat

…There are some very real problems for the Neocons which are associated with the peak-oil crisis. Not being able to sustain the present infrastructure without resorting to martial law, is the main one. They know what The Neocons know that with the end of the age of cheap oil there comes an end to this […]

Post-Petroleum Gardening

I came across a great book that’s had me thinking a lot about why we garden. In my case, I don’t garden because I have to. I do it because it’s rather magical — and much cheaper than therapy. But considering the impending peak oil phenomenon, gardening simply for the sake of gardening really is […]

High oil price and supply fears help turn coal to fuel

Fears over energy security and high oil prices have rekindled global interest in technology, once vital to the siege economies of Nazi Germany and apartheid South Africa, that converts coal to transport fuel. Although potentially more polluting than other alternatives, coal-to-liquids has the advantage of relying on widely-available raw material. The rising cost of much […]

Oil Pares Gains; U.S. Supplies of Gasoline Expected to Rise

Crude oil pared gains on speculation the U.S. would have enough gasoline to meet demand as the summer driving season got under way. Today’s petroleum inventory report from the Energy Department will probably show U.S. gasoline supplies rose by 1.6 million barrels in the week through June 1, according to a Bloomberg News survey of […]

Al-Qaeda spark for an Iran-US fire

The Bush administration is apparently prepared to use an al-Qaeda attack on the United States as a reason to attack Iran. This plays directly into al-Qaeda’s hands.AsiaTimes

Food prices skyrocket

Food prices were up 3.9 percent in April over a year ago. The overall inflation rate in the same period: 2.6 percent. Over the past five years, food prices have risen 12.2 percent nationwide. Among the fastest-rising items: bread, beef, eggs, apples, lettuce, oranges, salad dressing and soft drinks. Chicago hasn’t been hit as hard […]

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