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News from August 2008

Mother Earth naked — a modern masterpiece

Mother Earth naked — a modern masterpiece thumbnail

Have you ever wondered what our world would look like stripped bare of all plants, soils, water and man-made structures? Well wonder no longer; images of the Earth as never seen before have been unveiled in what is the world’s biggest geological mapping project ever. Earth and computer scientists from 79 nations are working together […]


Baker Institute report proposes strategies to ensure global energy security

Baker Institute report proposes strategies to ensure global energy security thumbnail

A new policy report released by Rice University’s Baker Institute for Public Policy suggests strategies to deal with the current turmoil in the global energy markets, including the role of petrodollars in the U.S. credit bubble. “Sharp changes in energy prices are having dramatic effects on the stability of the global economy,” the report states. […]


ORNL researchers analyze material with ‘colossal ionic conductivity’

ORNL researchers analyze material with ‘colossal ionic conductivity’ thumbnail

OAK RIDGE, Tenn. … Unlike previous fuel cell materials, which have to achieve high temperatures to conduct ions, the new material maintains ionic conductivity near room temperatures. High temperatures have been a major roadblock for developers of fuel cell technology. Oak Ridge National Library


Iran: SSF crackdown on Shahinshahr shopkeepers protesting to power outage

Iran: SSF crackdown on Shahinshahr shopkeepers protesting to power outage thumbnail

NCRI – The State Security Forces (SSF) “When SSF agents arrived, they opened fire into the crowd indiscriminately wounding some protesters,” a bystander said. “Close to 30 people were also arrested by the SSF,” she added. A shopkeeper’s wife, taking part in the gathering said, “They [police] did not pay any attention to the age […]


Gas price falls during prayer at the pump

Gas price falls during prayer at the pump thumbnail

Vigil takes place a day after news of record Exxon profits When the prayer vigil started at 4 p.m. Friday at the corner of Madison Boulevard and Shelton Road, a gallon of Texaco unleaded gas cost $3.92, as it had for a few days. But even before the praying stopped, the price dropped three cents. […]


The end of travel

The end of travel thumbnail

High oil prices are crippling airlines and travellers alike and we may only be at the start of a new, global class divide between the stranded and the mobile In Europe’s late medieval period, the labouring masses rarely travelled further than a few dozen miles from where they were born. For them, travel was dangerous, […]


Iran says OPEC to consider oil rationing

Iran says OPEC to consider oil rationing thumbnail

TEHRAN (Xinhua) — Iranian Oil Minister Gholam Hussein Nozari has revealed that the Organization of Petroleum Exporting Countries (OPEC) will seriously consider rationing its oil production, the semi-official FARS news agency reported. “I think OPEC will be serious about this issue” in case of continuous decline of crude oil prices and lack of oil output […]


Oil majors’ output growth hinges on strategy shift

Oil majors’ output growth hinges on strategy shift thumbnail

Western oil majors need to speed up a strategic shift into more complex oil and gas projects if they wish to return to consistent production growth after another quarter of disappointing output.The world’s largest fully public-traded oil company by market capitalization, Exxon Mobil, on Thursday reported an 8 percent fall in oil and gas production, […]


Obama shifts on offshore oil drilling

Obama shifts on offshore oil drilling thumbnail

In a sudden and major shift, Democrat Barack Obama said he would be willing to support limited additional offshore oil drilling if that would help promote alternative energy sources, a proposal he has repeatedly blasted rival John McCain for supporting. Obama, who has campaigned on a platform of change, previously ridiculed a push by Republicans […]


Harvard report on biofuels: Proceed with caution

Harvard report on biofuels: Proceed with caution thumbnail

The Kennedy School of Government at Harvard University released a report this week recognizing the value and potential of liquid biofuels, but also urging a cautious approach to further biofuel development. The report, titled Biofuels and Sustainable Development: An Executive Session on the Grand Challenges of a Sustainability Transition, was the result of a series […]


World Bank unit taps growing solar market

World Bank unit taps growing solar market thumbnail

A World Bank investment in a Russian polysilicon producer this week will help expand supplies of the key ingredient used to make solar cells and bring down costs of solar energy, an official said on Friday. The bank’s International Finance Corp this week announced it had brought a $50 million equity stake in Nitol and […]


Ukraine clash threatens oil to Europe

Ukraine clash threatens oil to Europe thumbnail

Corruption and politics in Ukraine threaten to choke off, at least in the near term, the expansion of oil exports from Azerbaijan and eventually Kazakhstan to Europe. This is the significance of Ukrainian Prime Minister Yuliya Tymoshenko’s efforts in July to halt what she called the “shadowy privatization” of the Odessa-Brody oil pipeline.The pipeline, from […]


Despite sceptics’ noise, scientific consensus is growing

Despite sceptics’ noise, scientific consensus is growing thumbnail

Unfortunately for the sceptics, and for everyone else, the evidence for human-induced climate change is stronger than ever. Scientists the Herald spoke to were candid in their assessment that there was little room for doubt that global warming is happening and that the only changes in the past few months have been political changes. “It […]


POLL: Non-OPEC oil outlook sluggish, may be near its peak

POLL: Non-OPEC oil outlook sluggish, may be near its peak thumbnail

United States – LONDON (Reuters) – Oil producing countries outside OPEC are still struggling to respond to booming energy demand from China and other emerging markets despite record high oil prices of more than $147 a barrel. Some analysts even believe non-OPEC supply of conventional oil may have peaked for now. A Reuters survey of […]


More Americans feel gas price pain

More Americans feel gas price pain thumbnail

CNN/Opinion Research poll finds high prices causing hardship for three quarters of Americans. NEW YORK (CNNMoney.com) — The high price of gas is taking a financial toll on an increasing number of American households, according to a poll released Friday. A CNN/Opinion Research poll found that 75% of respondents said the price at the pump […]


Are we heading for a human-powered future?

Are we heading for a human-powered future? thumbnail

LONDON, England (CNN) — Would you still watch your favorite television program if you had to cycle for an hour before you could view it? Couch potatoes will be horrified, but fresh advances in human-powered technology — where users power appliances through their own motion — could one day see a ‘workout-to-watch’ scenario become reality. […]


Petrobras to Start Oil Output at Tupi Field in 2009

Petrobras to Start Oil Output at Tupi Field in 2009 thumbnail

(Bloomberg) — Petroleo Brasileiro SA, Brazil’s state-controlled oil company, plans to start crude production at the offshore Tupi field in the first quarter of next year. The initial output will be between 20,000 and 30,000 barrels a day, Chief Executive Officer Jose Sergio Gabrielli said today in London. The company and partners will ramp up […]


Poll: Voters want candidate with energy answers

Poll: Voters want candidate with energy answers thumbnail

WASHINGTON Energy and gas prices top the list this year when voters are asked what’s extremely important to them in choosing a candidate. The most popular idea in the poll was tax incentives for conservation. Nearly seven in 10 people said they’d be more likely to vote for a candidate who supported that. Both McCain […]


Congress starts break with no gas price solution

Congress starts break with no gas price solution thumbnail

WASHINGTON (Reuters) – The U.S. Congress began a five-week vacation on Friday, leaving unresolved how to ease the surge in gasoline prices that is certain to be an issue until election day in November and beyond. Lawmakers will resume wrangling over how to bring down the cost at the pump and move the United States […]


Fuel prices hit chaotic West African travel

Fuel prices hit chaotic West African travel thumbnail

DAKAR (Reuters) – Chaotic transport is a part of life in West Africa, but getting to work has become even harder as rocketing fuel prices ignite protests by bus and taxi drivers, squeeze family budgets and encourage fuel smuggling. Global oil prices doubled in the past year and continued to rise strongly in 2008, hitting […]


Weathering the Storm

Weathering the Storm thumbnail

The specter of global stagflation looms, but in Brazil, things couldn’t be better. How a sleeping giant became the world’s hottest market. The specter of rising food and fuel prices now threatens to destroy an era of unprecedented global prosperity, with two notable exceptions: Brazil and Canada. Both countries produce and export enough food and […]


Lawmakers to Big Oil: invest in alternative energy

Lawmakers to Big Oil: invest in alternative energy thumbnail

WASHINGTON (Reuters) – Congressional Democrats on Thursday urged big oil companies to invest more of their record profits into boosting U.S. oil production and developing renewable energy instead of buying back their own stock. Exxon Mobil (XOM.N: Quote, Profile, Research, Stock Buzz), which reported on Thursday the biggest quarterly corporate profit in history at $11.7 […]


Commentary: Electric cars — It’s the economy, stupid!

Commentary: Electric cars — It’s the economy, stupid! thumbnail

LONDON (Reuters.com) — Much as I would like to say that I bought my electric car over two years ago to single-handedly save the planet, the reality is much less noble. I like to drive. I like to have my own personal space, to listen to the radio and to think. Perhaps it was growing […]


Climate chill came exactly 12,679 years ago: study

Climate chill came exactly 12,679 years ago: study thumbnail

OSLO (Reuters) – A drastic cooling of the climate in western Europe happened exactly 12,679 years ago, apparently after a shift to icy winds over the Atlantic, scientists said on Friday, giving a hint of how abruptly the climate can change. The study, of pollens, minerals and other matter deposited in annual layers at the […]


U.S. shift to smaller cars raises safety questions

U.S. shift to smaller cars raises safety questions thumbnail

WASHINGTON (Reuters) – An accelerating U.S. consumer shift from sport utility vehicles and pickups to more fuel-efficient cars should reduce rollover, but safety experts worry a lighter fleet poses serious risks despite air bags, anti-collision systems and other advances. “Shifting to smaller vehicles will make the problem worse,” said Adrian Lund, president of the Insurance […]


Mechanics see ethanol damaging small engines

Mechanics see ethanol damaging small engines thumbnail

Fuel blend, already implicated in high food prices, linked to rise in repairs Rick Kitchings has been a small-engine mechanic for about 30 years, and he The owner had fueled the trimmer with an gasoline-ethanol blend, which is becoming increasingly common thanks to a federal mandate to convert to biofuels. MSNBC


Bipartisan group unveils energy compromise bill

Bipartisan group unveils energy compromise bill thumbnail

WASHINGTON (Reuters) – A bipartisan group of U.S. lawmakers unveiled legislation on Friday aimed at forging a compromise between Democrats and Republicans deadlocked in the Senate over energy issues. The legislation focuses on moving Americans to alternative energy, conservation, and increasing domestic oil production. Opening up more areas for oil production has been a major […]


Keeping oil prices high with wasteful subsidies

Keeping oil prices high with wasteful subsidies thumbnail

It is not too surprising that oil prices in the United States have retreated from the lofty highs of more than $140 a barrel reached in July. Energy consumption is falling across the industrial world. Americans, the world’s most avid gas guzzlers, finally responded to higher prices. They drove about 10 billion miles less in […]


Is the world running out of black gold?

Is the world running out of black gold? thumbnail

The debate is not new. It is raging ever since this civilization got addicted to the black gold. It continues to this date, and the reason is simple. Being a finite source, ultimately it has to end. The question is when and not if. Many times in the past too, there have been talks that […]


Former chief scientist, Sir David King, attacks new coal power station plans

Former chief scientist, Sir David King, attacks new coal power station plans thumbnail

The former Government chief scientist has launched a stinging attack on plans for Britain’s first new coal-fired power station in 20 years – as thousands of climate change activists gather for a week of protests at the site. Professor Sir David King, who stood down at the end of last year, warned that a return […]


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