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News from November 2008

Getting Warmer? Prehistoric Climate Can Help Forecast Future Changes

Getting Warmer? Prehistoric Climate Can Help Forecast Future Changes thumbnail

The first comprehensive reconstruction of an extreme warm period shows the sensitivity of the climate system to changes in carbon dioxide (CO2) levels as well as the strong influence of ocean temperatures, heat transport from equatorial regions, and greenhouse gases on Earth’s temperature. Scientists examined fossils from 3.3 to 3.0 million years ago, known as […]


Fairbanks natural gas facility plans on hold

Fairbanks natural gas facility plans on hold thumbnail

FAIRBANKS, Alaska Earlier this year, the company struck a deal with Exxon Mobil Corp. to buy gas from the oil giant’s North Slope supplies. It would build a gas liquefaction plant on the North Slope, then truck the gas several hundred miles to the Fairbanks area. Fort Mill Times


Melting Arctic, Afghanistan top general’s concerns

Melting Arctic, Afghanistan top general’s concerns thumbnail

OTTAWA – Global warming is melting Arctic ice faster than the military projected, posing greater challenges for Canadian Forces already facing a deteriorating security situation half a world away in Afghanistan, says Canada’s top soldier. “Global warming is happening very quickly. I think any projection we have has been underestimated. Flying over Ellesmere Island and […]


Is World in Obama

Is World in Obama thumbnail

Is the world poised to make the transition from shock to trance on climate policy …The question is, can societies commit to a sustained effort to move beyond fossil fuels (and to curtail the destruction of tropical forests) even as nature runs hot and cold


Atmospheric carbon dioxide levels reach new highs

Atmospheric carbon dioxide levels reach new highs thumbnail

…The latest numbers show that carbon dioxide reached 383.1 parts per million (ppm), an increase of 0.5 percent from 2006. Concentrations of nitrous oxide also reached record highs in 2007, up 0.25 per cent from the year before, while methane increased 0.34 per cent, exceeding the highest value so far, which was recorded in 2003. […]


Drill, Garner, Drill

Drill, Garner, Drill thumbnail

How former Iraq administrator Jay Garner is destabilizing the very country he was hired to fix. In the history of the Iraq War, one name is perhaps synonymous with the collapse of the Bush administration’s hopes for a post-Saddam world: Retired Lt. General Jay M. Garner. It was Garner who served as the first post-war […]


The Parable Of The G-20: Blind To The Elephant

The Parable Of The G-20: Blind To The Elephant thumbnail

The leaders of the G-20 Group of countries who met in Washington DC for an emergency meeting to revamp the global financial landscape can be compared to the well-known story of ‘blind men and an elephant’. Like the six blind men who concluded that the elephant is like a wall, snake, spear, tree, fan or […]


Food: Employers may have to become providers

Food: Employers may have to become providers thumbnail

Rising food prices are likely to present a growing political risk to companies as inflationary pressures fuel political instability in developing countries. There have been food riots in 35 countries this year and there are concerns that governments could fall as hungry and fuel-deprived people take their anger to the streets. In the past year, […]


Economic Slump May Limit Moves on Clean Energy

Economic Slump May Limit Moves on Clean Energy thumbnail

Just as the world seemed poised to combat global warming more aggressively, the economic slump and plunging prices of coal and oil are upending plans to wean businesses and consumers from fossil fuel. From Italy to China, the threat to jobs, profits and government tax revenues posed by the financial crisis has cast doubt on […]


Kunstler: Zombie Economics

Kunstler: Zombie Economics thumbnail

Why squander our remaining resources on a lifestyle that doesn’t have a future? …All the activities based on getting something for nothing are dead or dying now, in particular, buying houses and cars on credit, and so it should not be a surprise that the two major victims are the housing and car industries. Notice, […]


Financial crisis? That’s nothing

Financial crisis? That’s nothing thumbnail

The coming energy crisis is going to dwarf the financial crisis, says the head of Shell: if only he were wrong Why is anyone talking about anything apart from the looming power gap? The news that we’re about to return to the age of coal is no surprise to anyone who’s been following energy developments […]


Russia May Coordinate Oil Production Cut With OPEC

Russia May Coordinate Oil Production Cut With OPEC thumbnail

(Bloomberg) — Russia may coordinate oil production cuts with OPEC as the world The largest oil producer outside the Organization of Petroleum Exporting Countries, Russia made a formal proposal for closer cooperation in September. OPEC Secretary General Abdalla el-Badri met with Russian President Dmitry Medvedev in Moscow last month to discuss future coordination.


Thinning glaciers ‘endangering South Asian water supply’

Thinning glaciers ‘endangering South Asian water supply’ thumbnail

New evidence that Himalayan glaciers are shrinking has added weight to concerns that there could be severe water shortages in the region by 2030. Researchers drilling an ice core in the 6,050 metre-high Naimona’nyi glacier near Tibet were expecting to find radioactivity left by atomic tests carried out 50 years ago. Instead they found little […]


China sets a green standard

China sets a green standard thumbnail

China’s efforts to green its financial sector have earned a thumbs-up from US environmentalists, who say regulators in the US could learn from Beijing’s recent success in stimulating investments that don’t despoil the planet. Friends of the Earth-US, highlighted in a recent report Chinese financial sector policies designed to limit pollution and climate change and […]


‘Brown clouds’ stir Asian conspiracy storm

‘Brown clouds’ stir Asian conspiracy storm thumbnail

A controversial United Nations report claiming “atmospheric brown clouds” generated by Asia are harming the world’s climate, agriculture and health has created a storm of controversy in India, which has slammed it as part of Western pressure on Asia’s efforts to counter global warming. The brown cloud was more pointedly called the “Asian brown cloud” […]


Going green saves money, spins profits in coal-addicted Poland

Going green saves money, spins profits in coal-addicted Poland thumbnail

Standing in the shadow of a massive windmill, Mayor Tomasz Koprowiak thinks part of the answer to Poland kicking its coal habit is blowing in the wind and growing in farmers’ fields. According to World Coal Institute figures for 2007, Poland and South Africa are the most coal-dependent countries in the world.An estimated 150 years […]


Pirate Attacks Fail to Revive Tanker Rates as Oil Demand Slows

Pirate Attacks Fail to Revive Tanker Rates as Oil Demand Slows thumbnail

Oil shipping costs may extend this year’s 76 percent rout as shrinking energy demand and a global recession eclipse disruptions caused by pirates off east Africa capturing their largest-ever freighter. Tanker rates next month are about 7 percent lower than yesterday’s level on the Persian Gulf to Japan route, according to derivative contracts called Forward […]


Dreaming of oil, Greenland votes on more autonomy

Dreaming of oil, Greenland votes on more autonomy thumbnail

Dreaming of oil wealth, Greenland voters are expected to decide in a nonbinding referendum Tuesday to extend the island’s self rule in what many see as a key step toward independence from Denmark. Potential reserves of oil and minerals have increased hopes of independence though the small, mostly Inuit, population still grapples with social problems […]


Despite Large Reserves Brazil Hasn’t Invested in Uranium Research Since 1985

Despite Large Reserves Brazil Hasn’t Invested in Uranium Research Since 1985 thumbnail

Adriano Maciel Tavares, the Nuclear Industries of Brazil’s (INB)superintendent of Mineral Production, stated that the present moment, in which the uranium market is hot, represents a good opportunity for the country to export its surplus reserves of the mineral. With estimated reserves of around 309,000 tons of uranium, “an abundant volume compared with the country’s […]


UK: More than 195,000 wind turbines to appear outside homes by 2020

UK: More than 195,000 wind turbines to appear outside homes by 2020 thumbnail

The Energy Saving Trust, the independent body in charge of improving energy efficiency in the UK, predicted that the introduction of the tariffs could persuade 8.6 million people – around a quarter of households – to invest in combined heat and power, wind turbines or other low carbon technologies. The EST study predicts 195,100 wind […]


23 Billion Ton Ultra Large Coal Deposit Found in China

23 Billion Ton Ultra Large Coal Deposit Found in China thumbnail

After efforts by geological exploration teams for over a year, an ultra large coal field with a forecasted 23 billion tons of total reserve was found in the famous Turfan Basin in China. Reporters learnt from the Department of Land and Resources of the Xinjiang Uygur Autonomous Region that, the newly-discovered coal field is located […]


Ocean growing more acidic faster than once thought

Ocean growing more acidic faster than once thought thumbnail

University of Chicago scientists have documented that the ocean is growing more acidic faster than previously thought. In addition, they have found that the increasing acidity correlates with increasing levels of atmospheric carbon dioxide, according to a paper published online by the Proceedings of the National Academy of Sciences on Nov. 24. The new study […]


Thorium may surpass uranium – ex-Uranium One CEO Froneman

Thorium may surpass uranium – ex-Uranium One CEO Froneman thumbnail

Thorium may in time surpass uranium as a nuclear fuel, says former Uranium One CEO Neal Froneman. While remaining bullish on uranium, the current Gold One CEO says that thorium has a fuel cycle of its own. “You will hear a lot more about thorium from an energy point of view in the not-too-distant future,” […]


World on cusp of clean tech revolution: Merrill Lynch

World on cusp of clean tech revolution: Merrill Lynch thumbnail

Clean technology will rival the Industrial Revolution and every major technological development since then to become the “Sixth Revolution,” as the world grapples with the threats of peak oil, global warming and the need for energy security, says financial analysis firm Merrill Lynch. While such revolutions occur only about every 50 years, and can deliver […]


Little gain from oil sands carbon capture: report

Little gain from oil sands carbon capture: report thumbnail

Canada’s government saw only limited opportunities to cut greenhouse gas emissions from the oil sands using carbon capture and storage technology, according to briefing notes obtained by a Canadian media. Skip related content The notes, prepared by a carbon capture task force, were used by Canadian federal and provincial politicians and were obtained by the […]


A Bridge Too Far

A Bridge Too Far thumbnail

The energy sector will be back, all too soon Despite recent evidence to the contrary, the global economy is not headed back to the Stone Age. It is also doubtful that China is preparing a new Cultural Revolution to ship hundreds of millions of city dwellers back to work the land, and to get over […]


Oil hunt reaches new depths

Oil hunt reaches new depths thumbnail

CHINA National Offshore Oil Corp is planning to invest 200 billion yuan (US$29 billion) with its foreign partners in deep-water exploration in the South China Sea, in what analysts said could more than double its net production. The investment, to be spent between 2009 and 2020, will come from China National and its listed units […]


Kazakhstan cuts oil price forecast as crisis bites

Kazakhstan cuts oil price forecast as crisis bites thumbnail

ASTANA (Reuters) – Kazakhstan slashed its 2009 oil price forecast by a third to $40 on Monday, bracing itself for more economic pain as the global financial crisis continued to take its toll on Central Asia’s biggest oil producer. Kazakhstan has announced a $21 billion rescue package — equivalent to roughly 20 percent of the […]


Greener cars the price for automaker aid

Greener cars the price for automaker aid thumbnail

As giant auto makers beg governments to bail them out of the economic crisis that has brought them to their knees, some authorities have named a price — make greener cars to drive. The EU has committed to cutting greenhouse gas emissions by a fifth by 2020 as part of efforts to curb the warming […]


Oil Piracy, OPEC, Saudi Arabia, You and Me

Oil Piracy, OPEC, Saudi Arabia, You and Me thumbnail

With the highjacking of the Saudi oil tanker SIRRIUS STAR and its 2 million barrels of oil the foreign minister of Saudi Arabia Prince Saud al-Faisal was moved to comment “Piracy like terrorism is a disease which is against everybody and everybody must address it together.” Spoken in the best Saudi parlance to which the […]


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