Coal prices show signs of weakening as global demand shows sign of slack

CHARLESTON, W.Va. Investment bank Goldman Sachs downgraded the entire U.S. steel industry Thursday, citing risks such as the strengthening dollar and concerns about demand from China. Shares in one of the biggest coal producers, Massey Energy Co. tumbled nearly eight per cent, or US$4.37, to $51.40 Thursday on news that 2008 prices and production are […]

Anti-peak oil and peak oil people agree: US natural gas production will increase

Natural Gas production is going up by a lot in the United States. This was noted at Peak Oil Debunked about a month ago. The peak oil people such as Mike Ruppert and Matt Simmons were saying in 2003 and since then that natural gas production was heading for a sharp decline. Now even some […]

Biofuels War: The New Scramble for Africa by Western Big Money Profiteers

Biofuels war has broken out in Africa. Newspaper headlines have not proclaimed it but the gist of it is already out. Big money profiteers from Europe and United States are rushing to Africa in a new scramble for the continent, transforming large swathes of arable land into massive biofuels plantations. Local but poor populations in […]

Chrysler showing off plug-in hybrids to dealers

NEW YORK – Chrysler LLC has been demonstrating plug-in hybrid prototypes to some dealers that are further developed than those previously shown by the automaker, the company’s president said. In comments Tuesday at the Motor Press Guild in Los Angeles, Chrysler Vice Chairman and President Jim Press said the vehicles are being developed by Chrysler’s […]

UK: Car registrations record weakest August since 1966

LONDON (Reuters) – New car registrations in Britain had their worst August in more than 40 years last month, industry numbers showed on Thursday, adding to what was already a gloomy week for Europe’s car producers. The monthly survey showed new registrations fell an annual 18.6 percent to record the weakest August since 1966, as […]

EPA tightens lawn mower, motor boat emission rules

WASHINGTON (Reuters) – Exhaust-spewing lawn mowers and speed boats will get a green make-over under tough new rules from the U.S. Environmental Protection Agency designed to reduce smog and save millions of gallons of gasoline. Gas-powered engines in lawn and garden equipment will be required to cut smog-forming emissions by 35 percent, while engines in […]

Demand seen thin in first U.S. greenhouse auction

NEW YORK (Reuters) – U.S. Northeast power companies likely will not race to buy permits to emit the main greenhouse gas in the country’s first carbon auction later this month because the region’s emissions of the gas have slipped over the last few years, experts said. The Regional Greenhouse Gas Initiative, a group of 10 […]

Greenpeace proposes giant North Sea windfarm grid

BRUSSELS (Reuters) – North Sea nations could link their offshore windfarms via a giant electricity grid on the sea bed and bring huge benefits for Europe, according to a Greenpeace report gaining interest from the European Commission. The environment group said on Wednesday the grid would build on existing infrastructure to link tens of thousands […]

Speculators and water an uneasy mix

CANBERRA (Reuters) – On the cracked grey clay of an ancient lake bed on the edge of Australia’s outback, Guy Kingwill is at the frontier of a global rush to commercialize water. Despite a long-running drought, Kingwill, who runs the vast Tandou farm, 142km southeast of the mining town of Broken Hill, has just sold […]

Naomi Klein: Obama got Gustav wrong

The Democrat gave his rival the chance to score points as the hurricane approached New Orleans …Gustav was one of those rare moments when political arguments are made by reality, not rhetoric. It was the time to simply point and say: “This is why we oppose more drilling.” It was also the time to recall […]

Drilling For Clean Energy

Jim Marshall and Roscoe Bartlett The controversial bans on drilling offshore and in the Arctic National Wildlife Refuge have preserved precious oil and natural gas reserves owned by the public. Thank environmentalists for this unintended gift. But for these bans, we would have wasted the reserves without a strategic plan. Leasing and drilling would have […]

How much will sea level rise?

In a more recent paper, our own Stefan Rahmstorf used a simple regression model to suggest that sea level rise (SLR) could reach 0.5 to 1.4 meters above 1990 levels by 2100, but this did not consider individual processes like dynamic ice sheet changes, being only based on how global sea level has been linked […]

Don’t Believe Industry Scam on Drilling Arctic Refuge

Don’t Believe Industry Scam on Drilling Arctic Refuge 2,000 Acres Sound Bite Ignores Reality Public debate is focused on how this nation will tackle its chronic over-reliance on fossil fuels that continues to result in high fuel prices and worries about energy independence. Unfortunately, patently false claims by the oil and gas industry continue to […]

Angola: blood oil and western hypocrisy

Western powers are selective in their censure of African regimes guilty of misrule, while ignoring those countries with oil, or who are allies in the US “war on terror”. For example, Robert Mugabe has been rightly pilloried by the west for running Zimbabwe into the ground. Yet Mugabe’s great ally, Angola’s Eduardo dos Santos, whose […]

Cheney Says Russia Runs Risk Confrontation With NATO

Sept. 6 (Bloomberg) — Vice President Dick Cheney said Russia’s military action in Georgia and assertiveness elsewhere run the risk of confrontation with the North Atlantic Treaty Organization military alliance. “Our principles are being tested anew,” Cheney said in prepared remarks today at a global security conference in Cernobbio, Italy. “We must meet those tests […]

‘Freak hailstorm in tropical Kenya a foretaste of climate change’

Unusual weather conditions that led to a blanket of hail resembling snow falling on the Nyahururu area in central Kenya are the result of the plunder and pollution of the planet, says a Kenyan theologian and ecologist. “As a consequence of human-induced rapid climate change there will be extreme weather and ecological conditions,” Professor Jesse […]

Uganda: Hoima’s Oil Riches

When oil was discovered in Hoima district, the Government started planning for an ‘Oil City’. The district local government was directed to urgently identify land near the oil drilling sites for the city. This was two years ago “This area will soon become a beehive of activities. It is envisaged that within four years of […]

Namibia: Nation Switches On to Solar Power

The huge increases in electricity tariffs and soaring fuel prices experienced recently are causing many Namibians to rethink their energy needs and where to cut costs in order to save money as southern Africa is also experiencing a power crunch due to increased demand for electricity against dwindling supply capacity. Namibia has one of the […]

S.Korea consortium to sign deal for Russian uranium

A South Korean consortium will sign a memorandum of understanding with Russian state-run firms to secure uranium, the feedstock used for nuclear power generation, one of the partners in the group said on Friday.The deal with Russia’s state-owned mining companies ARMZ and Uranium Mining Company (UMC) would ensure steady supply of the feedstock, which saw […]

Palin: the real scandal

Seen from the air, Sarah Palin’s state is an environmental wonderland. From Anchorage to the Arctic National Wildlife Refuge, there is a vast landscape of snow-capped peaks, fjords, crystal glaciers, coastal lagoons, wide river deltas and tundra. The guardian of this wilderness – and Governor of Alaska – has, this week, become one of the […]

Shame on you, Generation Excess

Baby boomers practised scorched earth gluttony, and now the rest must pay the price We Australian baby boomers are among the most privileged human beings to have walked on planet earth. It’s not just that we are the second longest living people in the world, after Japan. Or that we are exceptionally healthy, because obesity […]

Is oil going back under $100 a barrel? Not if Opec can help it

Is it over? Was that the oil shock? Can we relax, sit back and expect our energy bills and prices at the pumps to tumble? It is true that the price of oil is down. In early July, the price peaked at $147 a barrel. Yesterday it hit $106. A fall of almost 30% in […]

Western Oil Woes

Western nations BP

Russian units raid Georgian airfields for use in Israeli strike against Iran

The raids were disclosed by UPI chief editor Arnaud de Borchgrave, who is also on the Washington Times staff, and picked up by the Iranian Fars news agency. The Russian raids of two Georgian airfields, which Tbilisi had allowed Israel to use for a potential strike against Iran DEBKAfile

Peak Oil and the Media

Why isn’t mainstream media explaining oil decline, and it’s impact on society? Vancouverpeakoil.org presents a panel of 5 journalists: Rex Weyler, Barbara Jaffe, Charlie Smith, Sara Robinson and Alex Smith. How to organize, use media, bypass the mainstream.Radio Ecoshock (audio)

UK: Breakdowns spark National Grid crisis in power supply

The crumbling state of Britain The company, which operates the electricity lines across Britain, requires a safety cushion of between 2,000 and 4,000 megawatts above peak demand. When it fell short yesterday, power suppliers were asked to bring all their available generating capacity online, including expensive oil-fired units. The move came as Gordon Brown vowed […]

Solar energy can meet all the world’s energy demands: expert

The world must speed up the deployment of solar power as it has the potential to meet all the world’s energy needs, the chairman of an industry gathering which wrapped up Friday in Spain said. “There is thus an enormous resource available from photovoltaics, which can be used everywhere, and can in principle cover all […]

Scary Hurricane Ike targets Gulf, Hanna nears U.S.

… Ike’s track was riddled with uncertainty. The hurricane center’s official forecast took it through the Florida Keys island chain as a ferociously destructive Category 4 hurricane into the Gulf of Mexico, where around 4,000 offshore platforms produce a quarter of U.S. crude oil and 15 percent of the energy-hungry country’s natural gas. Visitors were […]

Saudi Aramco begins Khursaniyah field production

Saudi Arabia’s state-owned Saudi Aramco, which earlier had to delay a planned start-up, has begun production from its Khursaniyah oil field, according to company officials. Production volumes could eventually ramp up to as much as 500,000 b/d. Saudi Arabia, reported to be investing some $90 billion of its oil revenue to further develop production capacity, […]

A Climate for Change: Tom Friedman

Tom Friedman says Americans can prosper by “outgreening” everyone else. Almost a decade ago, in The Lexus and the Olive Tree, he celebrated the arrival of “globalization.” Three years ago, in The World is Flat, he warned that borders, oceans and distance no longer protect us from the information revolution that is leveling the global […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy