Spain wind power expansion faces technical hurdles

Spain’s ambitious plans to expand wind power as part of its renewable energy drive will bring environmental and economic benefits but faces technical problems, an industry expert said on Thursday. Spain’s wind parks currently have an installed capacity of some 15,000 megawatts and the government wants to see 20,000 MW in place by 2010 and […]

South Africa: Solar Heaters Should Be Seen As Long-Term Investments

Minerals and Energy Minister Buyelwa Sonjica has again urged consumers to use solar water heaters, saying this was not only a response to the current energy crisis, but as a sustainable long term investment for South Africa. “The use of solar energy, which is a renewable energy source, will assist us in reducing the load […]

Wild Fires Likely To Spread Due To Global Warming

Wild fires are likely to be bigger, more frequent and burn for longer as the world gets hotter, in turn speeding up global warming to create a dangerous vicious circle, scientists say. The process is being studied as part of work to develop a detailed map of global fire patterns which will be used with […]

Bet on oil as the newest bubble

Every bubble needs a story. The Internet story was that the whole economy would shift to the Web. The housing story was that people don’t trade Cape Cods and ranchers like penny stocks and that Wall Street knew how to lend to high-risk borrowers. The energy story is that the planet is running out of […]

Weak dollar not sole reason for high oil prices

The balance of international crude oil supply and demand remains tight. According to OPEC’s latest monthly report, demands from the Organization for Economic Cooperation and Development (OECD) countries will slightly decline, while demands from non-OECD nations, including some in Asia, the Middle East and Latin America, will stay strong, leading to a growth of global […]

High crude oil prices bite into refiners’ profit margins

Many drivers are frustrated about how much the cost of gasoline has gone up, but experts say the price that refiners pay for crude oil – now trading around a record US$115 a barrel – has risen even faster. While Canadians were on average paying $1.21 per litre on Thursday, compared to about $1.08 at […]

The Peak Oil Crisis: The Silly Season Is Upon Us

During the past week, the surge in oil prices continued with crude, gasoline and diesel prices all hitting new highs. U.S. gasoline consumption may be down by a few tenths of a percent (which seems logical) or then again, it may be up a bit in recent weeks depending on which numbers you are reading. […]

Peter Mandelson warning over food protectionism

Europe’s trade chief gave warning of “a spiral of protectionism” in the grain trade as the price of rice soared to a new record and grain-producing countries stopped exports to prevent further outbreaks of food rioting. Leading grain exporters in the developing world are shutting off supplies in an attempt to curb domestic food price […]

How the rich starved the world

World cereal stocks are at an all-time low, food-aid programmes have run out of money and millions face starvation. Yet wealthy countries persist with plans to use grain for petrol.The most important structural change is the increasing interlinking of world energy and food markets. Once, food was just for people. Now rising demand for transport […]

UK: The REAL cost of inflation

The true, devastating scale of rising prices is revealed today – by the new Daily Mail Cost of Living Index. It shows that families are having to find more than According to the Consumer Price Index, inflation is running at only 2.5 per cent. Yet the Mail’s index finds that food costs alone are rising […]

UK: Waves of destruction

Rising seas are changing Britain’s coast dramatically. Norfolk is the first low-lying area to face a stark and cruel new choice – plough millions into doomed defences, or abandon whole villages to the invading waters.More than 15 million people live close to Britain’s coastline. This small corner of Norfolk is the first to confront what […]

How not to prepare for peak oil

Now that the price of a barrel of oil has topped $115, the words “peak oil” can be found just about anywhere — including in the headline of an April 16 Financial Times editorial. But “Preparing for the age of peak oil” offers little in the way of advice for how civilization might face up […]

Take a load off: Toronto Hydro gives away free clotheslines

Toronto Hydro is giving 75,000 homeowners a The 40-foot long indoor/outdoor retractable clothesline

Ireland: Energy crisis fuels gas reserves debate

A new EU directive on security of supply dictates that Ireland develop a strategic stockpile in case of global disruption. So, how prepared are we? The annual row between Russia and the Ukraine only serves to remind us that as the country at the end of the European gas grid, we are in an extremely […]

The Automotive Energy Revolution

Every automobile on the roads of the world reflects a long and complex chain of industrial production and energy usage. Yet we live in a world where many of the highest quality resources and energy supplies have already been exploited. And lower quality resources are more expensive to extract and exploit, if they are even […]

GCC crude exports set to double in 2030

Crude exports by the UAE and other Middle East oil heavyweights are expected to double in 2030, while their gas sales will jump by more than six times, according to a prominent Western oil analyst. From around 18 million barrels per day in 2005, the region

Brazil: An economic superpower, and now oil too

Oil could transform Brazil’s economy. But not necessarily for the better THE legend is that Brazil never lives up to its vast potential. When Stefan Zweig, an exiled Austrian writer, said in 1941 of his new home that it was the Brazil’s previous growth spurt was derailed by debt and high oil prices, a debacle […]

A controversial fighter in the climate-change debate

NASA’s James Hansen frequently clashes with global warming ‘deniers,’ as well as the Bush administration. Among those who’ve started to worry and maybe do something in their lives about global climate change, James Hansen is not exactly a household name. Not like, say, Al Gore. But as one of the leading scientific experts and public […]

The Next U.S. President Will Be the Chauncey Gardiner of Energy

U.S. politicians focus primarily on renewables, ignoring the continuing importance fossil fuels have to the global economy. It is certain that the United States is in for a shock in energy prices and especially in energy supplies The candidates have mentioned energy occasionally, and my own anthology of their preciously rare pronouncements contains only the […]

Libya supports gas OPEC idea, Gaddafi says

TRIPOLI “I think gas producing countries have begun to respond to this idea, this call, and consultations will start between us to realize it,” he said in a speech at a dinner hosted in honour of Putin, who is on a visit to the north African country. Turning to oil, Gaddafi added that oil producing […]

The Demise of Oil – Energy Security Concerns, Global Antagonism and Dilemmas

The oil era seems to be coming to an end several decades from now, whilst the world markets are experiencing an upward trend in the energy price index. Moreover, the consumption of fossil fuel is accelerating due to the growth of the Asian economies and in Eurasia, the Russian corporations are eager to control most […]

Kazakhstan to Start Taxing Crude Exports in 30 Days

(Bloomberg) — Kazakhstan, holder of 3.3 percent of the world’s oil, will begin taxing crude exports in 30 days to ensure domestic supplies and raise cash amid a tightening on global credit markets. The government will introduce a duty of $109.91 a metric ton, or about $15 a barrel, on crude exports, according to an […]

Many of China’s ‘resource’ towns are dying

YUMEN, China: Dying towns may seem rare in a booming China, but the expanses of rubble and abandoned homes that ring this formerly wealthy oil center identify Yumen as one of them. And although Yumen is home to just a few thousand people in a country of more than 1.3 billion, Beijing’s stability-obsessed government is […]

World Won’t Be Able to Produce More Oil, Pickens Says

Boone Pickens, a billionaire energy investor, said world oil supply won’t exceed 85 million barrels a day because of high depletion rates of existing wells. Pickens, 79, the founder and chairman of Dallas-based BP Capital LLC, said today in a speech at Georgetown University, that the price of crude oil will only continue to climb […]

Can we Stay in the Suburbs?

There is little doubt that during that last 60 years we here in America have transformed our manmade landscape in a way that is fundamentally different from any form of human habitation ever known. While many have flocked to this new way of organizing the spaces in which we live, critics have noticed the shortcomings […]

Crude awakening

Population growth, developing economies and a surge in vehicle ownership means the demand for oil will continue to grow. Can supply cope? One of the most critical questions facing the global energy market today is whether key oil producing nations can increase production to meet the current, and future growth in world demand, otherwise known […]

Nigeria

Nigeria risks losing a third of its oil output by 2015 unless it finds ways to boost investment in joint ventures with foreign energy companies, an internal report by President Umaru Yar Traders are already worried about Russia

Peak Oil Means Much Higher Prices

It Invited by the UCSB Energy Club and the Bren School for Environmental Science and Management, Brown held the rapt attention of a crowd of over 100 people at UCSB

An unconventional play in the Bakken

Last week the U.S. Geological Survey (USGS) released its long-awaited reassessment of the undiscovered recoverable oil potential in the Bakken Formation of North Dakota and Montana. The USGS estimated “mean undiscovered volumes of 3.65 billion barrels of oil,” which sounds like a lot. Senator Byron Dorgan (D-ND), who commissioned the study, was delighted with the […]

The

It is increasingly difficult to dismiss the sense that economic and social systems we’ve come to regard as “normal,” locally and globally, are strained to the limit and breaking down. Crude oil nudging $112 a barrel send motor fuel prices to record highs. People in Haiti rioting and booting their prime minister in protest and […]

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