The Price of Oil in the Amazon

For almost three decades, Occidental Petroleum has pumped oil out of the ground from hundreds of wells in the Peruvian Amazon. The company sold the drilling rights in 1999 but eight years later, the indigenous Achuar people from the area are suing Occidental in the United States for harming their health and poisoning their water […]

Indonesia: Govt slammed for choosing coal

Greenpeace has berated the government for replacing petroleum with coal to meet the nation’s energy needs, highlighting that carbon emissions from coal-fired power plants are one of the main contributors to human-induced global climate change. “Coal produces 29 percent of carbon per energy unit higher than oil and 80 percent of carbon higher than gas,” […]

Hero or villain? A carbon critic relies on coal

With rising oil prices and the closure of several nuclear power plants, coal has become more important for the German energy supply. Coal is also, as Josefsson points out, a cheap source of energy, which means that it is highly profitable. But the German acquisitions also mean that Vattenfall has gone from being a negligible […]

UK oil production continues decline

The year-on-year decline in oil and gas production in the UK sector of the North Sea is continuing its decline, dropping by a further combined 10 per cent in March, according to the latest monthly report by the Royal Bank of Scotland. Oil production was down 5 per cent on the month at 1,403,005 barrels […]

Indian energy firms lay out big plans

India’s state and private firms have chalked out big-ticket investment plans – both in the upstream and downstream segments – to meet the country’s growing demand for energy. Its main competitor, China, has been aggressively scouting for energy sources worldwide, as well as beating Indian firms in their own back yard – Myanmar and now, […]

Corn for Biofuel Puts Food Reserves at Risk

The Netherlands-based magazine Oil World warned that the increase in the use of corn in the US to produce ethanol will cause a reduction in US and world food reserves. The world harvest of soya could drop by approximately 5 million tons to 228.5 million when US producers earmark more farmland for corn used for […]

Tequila, pork and orangutans: new victims of the biofuel boom

A looming shortage of tequila wouldn’t usually be an AlertNet crisis, but in this case it could be a sign of hungry times ahead. Mexican farmers are torching fields of blue agave, the cactus-like plant used to make the fiery spirit, and resowing the land with maize as soaring U.S. ethanol demand pushes up prices.The […]

Iran sees higher oil price, warns on supply

A senior Iranian oil official expects the price of crude to increase by five percent during the summer high gasoline demand season and by another five percent during the winter, the Isna news agency said yesterday. “It is forecast that regarding the increase in gasoline demand in the driving season, the price of crude oil […]

Technical Topics Related to UC’s Solar House Project

Below are details regarding technical innovations and applications by University of Cincinnati students in building a solar house as part of the prestigious Solar Decathlon. You can also listen to UC engineering student Jeremy Smith explain the technology (and see the house under construction) in a 1-minute, 30-second video clip. UC

Silicon Valley: Solar Capital Of The World?

The next dream for many high-tech leaders is to see Silicon Valley turn into a serious center for solar energy technology. But, it is easier said than done as attendees learned at a conference in the valley today. In a room at San Jose’s Cypress Semiconductor may be the next Steve Jobs, David Packard or […]

Green Energy Conference in Pasadena to Introduce Significant New Technologies

GreenTech 2007, (www.greentech2007.com) a day-long company showcase, will introduce the most exciting innovations in green and sustainable energy emerging from three academic powerhouses of scientific invention, CalTech, UCLA and USC. In addition to showcasing some of the hottest ideas in green energy, the day will include a panel of venture capitalists who will discuss the […]

Is Water The Next Oil?

Those who see water as a future core commodity outlookindia

Oil companies endorse Global Warming to support new drilling opportunities

Rising global temperatures will melt areas of the Arctic making them more accessible for oil and natural gas drilling, a report prepared by the United States and seven other nations had stipulated reported since 2004. It predicts that over the next 100 years, global warming could increase Arctic annual average temperatures 5 to 9 degrees […]

40% efficient solar cells to be used for solar electricity

Scientists from Spectrolab, Inc., a subsidiary of Boeing, have recently published their research on the fabrication of solar cells that surpass the 40% efficiency milestone physorg

GAO: US gives oil firms good deals

When it comes to taking oil and natural gas from government land and waters, the oil companies are getting a good deal, says a congressional report. The Government Accountability Office said Friday that the U.S. government gets less for letting private companies take oil and gas from its land and coastal waters than a half […]

Bush climate plan branded a Trojan horse

GERMANY was seething yesterday about George Bush’s surprise proposals on climate change that have stolen Angela Merkel’s thunder and complicated the G8 summit. The German Chancellor herself gave his announcement a terse welcome, but there was no mistaking the irritation in Berlin, and indeed, in much of Europe. Only Britain’s Tony Blair managed to summon […]

Abuse and incompetence in fight against global warming

The Clean Development Mechanism (CDM), which is supposed to offset greenhouse gases emitted in the developed world by selling carbon credits from elsewhere, has been contaminated by gross incompetence, rule-breaking and possible fraud by companies in the developing world, according to UN paperwork, an unpublished expert report and alarming feedback from projects on the ground. […]

Cost of Blair’s tour: 700 tons of greenhouse gases

Tony Blair has been accused of failing to take adequate action to counter the environmental damage caused by his round-the-globe farewell tour. An estimated 700 tons of greenhouse gases will have been released by the Prime Minister’s flights to during his last month in power. Campaigners have claimed that his trips to America, Africa, the […]

Higher energy use fails to raise greenhouse gas level

Despite increases in economic activity and energy consumption, emissions for the UK’s population stayed at 733.5 million tonnes in 2005, the same as in 2004, the Office for National Statistics confirmed. Such emissions are 9.3 per cent lower compared with the Kyoto base year of 1990, although little changed since 1999. independent

US imports 90 per cent of its ‘rare earth’ metals from China

The US now imports over 90 per cent of its so-called “rare earth” metals from China, according to the US Geological Survey. If China decided to cut off the supply, that would create a big risk of conflict. Governments seem, at last, to be taking the issue seriously, and next month an OECD working group […]

We’re Not Addicted to Oil!

…We are not addicted to gasoline. Oil is the fuel of the freedom and the engine of democracy. Oil is the basis on which our economy is going to grow. We know it’s going to continue to grow. We want it to grow. We want the economy to keep growing. We want it to be […]

Another Inconvenient Truth

LetWhen painting a rosy outlook for the world

Next Stop: Dow 25,224

…Everything says the market should tank. But it’s not tanking. The market sees something on the horizon that has it in a good mood. What is it? A booming China? Booming globalization? A new tech revolution spawned by iPods, online video and Web 2.0? Or is it the fact that Bush is a lame-duck prez? […]

Paying More Than Ever For Gas? Not If Buying Power Is Considered

Ask a free marketeer what government should do about rising gasoline prices and the usual reply is “nothing,” because “high prices provide incentives to conserve and for companies to deliver new supplies.” But as gas prices near all-time highs, consumers are hardly flinching. Sure, they’ll shake their fists at the oil companies if asked. But […]

Ethanol Industry Fights To Keep Fuel Prices In Check

Omaha, Neb. (June 1, 2007) As gasoline prices continue to rise, the ethanol industry is doing all it can by increasing the amount of ethanol-enriched fuel in the marketplace by billions of gallons.

BP scraps its carbon capture venture

BP has scrapped plans to build a carbon capture centre in Scotland after the Government’s energy review yesterday delayed a decision on subsidies. Ministers said they planned to launch a competition for a funding award in November – described by the oil giant as “an extension too far” for its ambitious plans to succeed. It […]

Shanghai may face power cuts this summer

Shanghai, China’s largest city, may be plunged into darkness as the city’s overburdened power-distribution network lags behind its rapid economic growth, state press reported Friday. The power supply to 1,000 families and businesses in Pudong New Area, a financial district, had to be cut off briefly on Wednesday after a major transformer collapsed on an […]

Edwards contends with Big Oil

Democratic presidential hopeful John Edwards took on the oil companies Thursday while campaigning in Menlo Park, with the help of a San Jose teenager who says his friends can barely afford to fill up their SUVs and a Hummer. Edwards called for the U.S. Justice Department to conduct an “aggressive and thorough investigation” of oil […]

Pelosi says Bush ”in denial” on warming

WASHINGTON (Reuters) – House Speaker Nancy Pelosi called President George W. Bush’s new global warming plan a “profound disappointment” on Friday and said she wants Congress to pass legislation this year to curb greenhouse gas emissions. Just returned from a European tour focused on climate change, Pelosi said Bush’s strategy, announced on Thursday, “rehashed stale […]

Russia delays decision on TNK-BP gas field licence removal

MOSCOW (AFP) – Russian regulators on Friday delayed a hotly anticipated decision on whether to withdraw British-Russian oil major TNK-BP’s right to develop a vast Siberian gas field, the company said. “The decision is delayed, nothing has been decided on Kovykta today,” TNK-BP spokeswoman Marina Dracheva said, referring to the gas field that regulators have […]

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