As Asia food prices bite, analysts warn of worse to come

Rising food prices have hit Asia’s poor so hard that many have taken to the streets in protest, but experts see few signs of respite from the growing problem. An array of factors, from rising food demand and high oil prices to global warming, could make high costs for essentials such as rice, wheat and […]

Biofuels Deemed a Greenhouse Threat

Almost all biofuels used today cause more greenhouse gas emissions than conventional fuels if the full emissions costs of producing these “green” fuels are taken into account, two studies being published Thursday have concluded. The benefits of biofuels have come under increasing attack in recent months, as scientists took a closer look at the global […]

Scottish dolphins ‘at risk from oil drilling’

The future of Britain’s most famous dolphins is at risk from oil and gas exploration, conservationists say. The bottlenose dolphins of the Moray Firth in Scotland are the best known and most studied dolphins in the UK. They entertain onlookers with their energetic playing and feeding, and are regularly seen near the shore. In 2005 […]

S-Af: Coal mining plans put fresh water at risk

Plans to mine for coal in the catchment areas of major rivers present a serious threat to South Africa’s fresh water resources. Acid pollution caused by coal mining has already destroyed the Wilge River that flows through the Ezemvelo Reserve near Bronkhorstpruit, Mpumalanga, and has caused mass deaths of fish and crocodiles at the Olifants […]

Thunder Horse adds to BP woes

BP has warned staff against creating electronic documents on unpublicised problems with a key component of the much-delayed Thunder Horse, the world He said that when creating draft reports or presentations on the issue of the tree coupler

Oil industry facing headwinds in 2008

NEW YORK, Feb 10 (Reuters) – Will 2008 be the year that the oil industry’s vastly profitable ride slows? After years of record oil prices and profits, the oil industry is facing the headwinds of a weak U.S. economy, dwindling access to supplies and slowing production. These will be among the top issues discussed by […]

Chavez Threatens to Halt Oil Sales to US

CARACAS, Venezuela (AP) — President Hugo Chavez on Sunday threatened to cut off oil sales to the United States if Exxon Mobil Corp. wins court judgments to seize billions of dollars in Venezuelan assets. “If you end up freezing (Venezuelan assets) and it harms us, we’re going to harm you,” Chavez said. “Do you know […]

Gulf union’s delay spurs unilateral revaluation

Dubai: Gulf Arab oil producers are more likely to revalue their dollar-pegged currencies unilaterally and the longer plans to introduce a single currency are delayed, US investment bank Morgan Stanley & Co. said. Saudi Arabia, the United Arab Emirates and four other members of the Gulf Cooperation Council (GCC) are likely to miss a 2010 […]

Illinois faces shortage of farmers

The number of farmers markets in the state has more than doubled in the last decade to 220 from 97 in 1999. And demand continues to rise dramatically as some consumers willingly pay a premium for the health and environmental benefits of local and organic meats and produce. But Illinois and surrounding states are facing […]

The ecological economy

Can growth and sustainable ecology go hand In hand? Or does one cancel out the other? A financial slump could present stark choices Picture a drunk so far gone that he’s bent on drinking himself sober. It’s much like the behaviour of governments and central banks in Canada and the U.S. in the face of […]

Australia warned on emissions scheme

AUSTRALIA could follow Europe’s lead and suffer a delay of investment in its energy sector unless details of the proposed emissions trading scheme are released quickly. Energy experts say Australia could end up with costly energy solutions because investors are unclear about the cost of carbon and the least-cost alternatives. It comes as Europe faces […]

The O’Reilly Factor: What’s all our oil doing under their soil?!

O’REILLY: In the “impact” segment tonight, the anti-American leader of Venezuela, Hugo Chavez, is using that country’s oil in a very clever way. Venezuela, as you may know, owns Citgo. And that company is donating oil to the poor. Former Congressman Joseph Kennedy is right in the middle of that. UNIDENTIFIED MALE: There’s another war […]

Britain says North Sea incident ”contained”

LONDON (Reuters) – Britain evacuated of oil workers from a North Sea accommodation platform on Sunday after reports of a bomb threat but officials said the incident was quickly contained and there was no need to send in a bomb squad. About 14 helicopters and a Nimrod reconnaissance aircraft were sent to the Safe Scandinavia […]

Court KOs administration’s emissions policy

Federal appeals court rules policy on exempting power plants is unlawful WASHINGTON – A federal appeals court struck down a Bush administration policy exempting power plants from certain environmental regulations. The court said the policy was unlawful. The U.S. Court of Appeals for the District of Columbia Circuit negated a rule known as cap-and-trade. That […]

Car-Free, Solar City in Gulf Could Set a New Standard for Green Design

In an ever more crowded world facing environmental limits, the push is on to create entire communities with reduced needs for energy, water, land and other resources. The latest effort comes not in some green hub like Portland, Ore., but in the Persian Gulf, fueled as much by oil wealth Groundbreaking is scheduled for Saturday […]

Living in the dark has its own illumination

Let’s see now, where were we …. Ah, yes, the subject a year ago was wind energy, particularly Lincoln County’s giant wind turbines and the reluctance of some living within the shadows of these prairie colossuses (or is it colossi?) to embrace the new technology. New, that is, to us. It’s been accepted in Europe […]

Climate scientist they could not silence

Jim Hansen has long been a thorn in the side of the White House. Now he has a stark warning for Britain The trap was sprung in February 2006. The White House ordered that Dr Jim Hansen was to be denied the oxygen of publicity forthwith. He was to be banned from appearing in newspapers […]

Oil rig off UK evacuated after alert

LONDON – Hundreds of workers were being evacuated from an oil rig in the North Sea following an apparent bomb scare Sunday. A fleet of 14 military and coast guard helicopters was evacuating 539 workers from the Safe Scandinavia rig, 170 miles off the coast of Aberdeen, eastern Scotland, following a security alert, the Ministry […]

If More Co2 is Bad … Then What?

… I no longer care much about the science. To me, the central question, and the one that few are willing to discuss in depth, is: Then what? That is, if political leaders agree with Gore and others who believe too much carbon dioxide is bad, then what are we going to do? Fossil fuels […]

Oil crisis ahead? ‘Peakniks’ build for future

If the day comes that oil grows so scarce that Austinites can’t afford fruit hauled in from California and brownouts roll across Texas, Lester Germanio will live high, wide and cool in his West Lake Hills villa. Germanio and other Austinites who have banded together to trade information and survival tips are preparing themselves for […]

A New Consciousness About Global Warming

Early-rising students received a cold shower of dire reality at the keynote speech of Focus the Nation, the student-organized day of educational and collaborative talks on global warming on Thursday, Jan. 31 in Weinstein Auditorium. Michael Klare, Five College professor of peace & world security studies gave his speech titled “Global Warming: the Human Dimension”. […]

Exxon legal tactics can corner Chavez

Exxon Mobil Corp’s no-holds-barred legal fight against Venezuela may force President Hugo Chavez to settle the dispute over assets that the South American leader seized from the giant US oil company last year. Exxon won temporary court orders in Britain, the Netherlands and the Caribbean freezing assets worth up to $12 billion and another order […]

Iran has 90 billion barrels oil reserves in Persian Gulf

The managing director of the National Iranian Continental Shelf Oil Company said on Saturday that Iran’s oil reserve in Persian Gulf is estimated at 90 billion barrels. “With new oil discovery in the region, the reserve may amount to 100 billion barrels,” said Mahmoud Zirakchian Zadeh. He told the press that Iranian oil reserves in […]

Arctic Oil & Gas: 25% of World’s Reserves Beneath Arctic Seabed

Arctic Oil & Gas Corp. has provided shareholders with new data and commentary on the Arctic Commons. Arctic Oil and Gas Corp. and its partners made an international Arctic Commons hydrocarbons claim on May 9th 2006 with the United Nations and the five Arctic countries. This claim is for the exclusive exploitation, development, marketing and […]

Chavez vows Venezuela revolution despite Exxon

CARACAS, Feb 9 (Reuters) – President Hugo Chavez vowed on Saturday to keep to his self-styled socialist revolution despite Exxon Mobil winning court orders freezing up to $12 billion of Venezuela’s assets in a nationalization dispute. The American company has retaliated for Chavez’s seizure last year of an Exxon project, winning the first big court […]

Roscoe Bartlett: Peak oil address to House of Representatives

Mr. Speaker, our government has paid for four studies looking at the world energy situation, particularly at oil. Two of those studies were reported in 2005, and two of them were reported in 2007. The two in 2005 were the SAIC report known as the “Hirsch Report,” and then later in the year there was […]

French Petroleum Institute Forecasts ‘Easing’ of Oil Prices for 2008

The French Petroleum Institute (IFP) has predicted an “easing” of crude oil prices in 2008, or a significant oil decrease in case of economic recession world, after the barrel reached 100 U.S. dollars in early January, according to reports. Addressing a press conference Thursday, IFP president Olivier Appert said oil production is expected to increase […]

G7 calls for an end to oil subsidies in India, China

TOKYO: Group of Seven nations called for an end to the oil subsidies used in China, India and Indonesia to shield domestic consumers from high energy prices. “It should be avoided to artificially lower domestic energy prices through fiscal measures,” G7 finance ministers and central bankers said today in Tokyo. “It works against market- based […]

Oil firms watchful

Oil majors under pressure from a wave of resource nationalization worldwide are likely to remain on the sidelines of Exxon Mobil Corp’s legal fight with Venezuela before launching into a similar battle. The biggest US company won court orders to freeze up to $12 billion of the OPEC nation’s oil assets around the globe as […]

The Ultimate Dilemma for Oil-dominated Economies

I am a big fan of Paul Roberts, whose book The End of Oil: On the Edge of a Perilous New World (from which I copied this passage) is one of the best tomes available about the current energy situation. The book was published in 2004, though. Although Roberts accurately spotted the major trends and […]

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