UK: Cut fuel tax by 9p a litre, Brown is urged

Gordon Brown could afford to cut fuel tax by 9p a litre, City analysts believe. Motoring groups say ministers should scrap a 2p-a-litre tax rise planned for October – and reduce the current duty by a further 2p. Accountants Grant Thornton say that Mr Brown could even afford to take 9p a litre off petrol […]

UK: Petrol prices reach

The average motorist could soon be paying more than Edmund King, the president of the AA, described the record high as “the latest milestone along a miserable road of increasing fuel prices this year”. Soaring costs of crude oil, caused by increased demand from developing countries such as China and India, have pushed up petrol […]

A Price Drop for Solar Panels

Solar electricity is about to get much cheaper, industry analysts predict, because a shortage of the silicon used in solar panels is almost over. That could lead to a sharp drop in prices over the next couple of years, making solar electricity comparable to power from the grid.High demand generated by government subsidies worldwide and […]

Non-OPEC oil producers unable to boost output

Oil producers outside the OPEC cartel are unable to pump enough oil to reduce crude prices, hampered by robust domestic demand, weak investment and exhausted oil fields, analysts say. In the short term, “no non-OPEC member is in a position to produce more,” said Francis Perrin of the publication Petrole et Gaz arabes.“They are selling […]

Is Desert Solar Power the Solution to Europe’s Energy Crisis?

A tiny fraction of the sun’s energy that shines upon the deserts of North Africa and the Middle East could meet all of Europe’s electricity demands. The technology to harness the energy already exists. So why is hardly anyone investing in it? The oil of the 21st century is not buried deep within the earth. […]

Arctic sea ice forecast: another record low in 2008

Arctic sea ice, sometimes billed as Earth’s air conditioner for its moderating effects on world climate, will probably shrink to a record low level this year, scientists predicted on Wednesday. In releasing the forecast, climate researcher Sheldon Drobot of the University of Colorado at Boulder called the changes in Arctic sea ice “one of the […]

Lake With 20% of Earth’s Fresh Water Is Warming Faster Than Air

The world’s largest lake is warming faster than the atmosphere, challenging the idea that large bodies of water can withstand global warming, according to U.S. and Russian scientists. Siberia’s Lake Baikal, which holds 20 percent of the world’s fresh water, has warmed by 1.21 degrees Celsius (2.16 degrees Fahrenheit) since 1946, said Marianne Moore, assistant […]

A 10-year timeout for global warming, study says

Global warming is taking a break that could last for another 10 years or so. That’s the latest word from a team of climate researchers in Germany. Global average temperatures should remain above normal, the team suggests. But additional warming – already on hold over the first seven years of this decade – is likely […]

UK: Shell lambasted as it seeks exit from offshore wind farm

Royal Dutch Shell yesterday provoked a storm of anger among its partners in the world’s largest offshore wind proposal when it revealed plans to sell its stake. The world’s second-biggest oil company said that it planned to sell its 33 per cent stake in the London Array project, which plans for as many as 341 […]

Iraq: U.S. has no claim to oil boom

As Congress gears up to debate the Bush administration’s latest request for an additional $108 billion in war funding for Iraq and Afghanistan, Iraqis are fuming at suggestions being floated by lawmakers that Baghdad should start paying a share of the war’s costs by providing cheap fuel to the U.S. military. “America has hardly even […]

Bangladesh urged to tap coal before gas runs out

Experts from home and abroad asked Bangladesh on Wednesday to mine its huge coal reserves before its fast depleting natural gas reserves run out. They however urged the country to tap the resource carefully to avoid human tragedies associated with coal mining.The heavily populated Asian country faces a serious energy crisis, with lack of gas […]

Burma: Junta’s horribly misguided energy experiment

Biofuels have long been hailed as a solution in the fight against global warming and increasing scarcity of petroleum. But recently it is becoming increasingly clear that unless sufficient precautions are taken, biofuels can snatch food from the mouths of the poor and can be a human rights disaster. Nowhere is this truer now than […]

Planning Over a Cliff

Even four years ago, the evidence of peak oil was not as obscure as you may think. There were many books and energy experts warning the world that the current situation and consumption was not sustainable and very nearing a crisis situation. The mainstream media and the status quo supporters did everything possible to ignore […]

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