BRUSSELS, Jan 20 (Reuters) – Employment in the wind power industry will more than double in the European Union to around 330,000 in 2020, according to a report issued on Tuesday. The European Wind Energy Association (EWEA) also called for greater investment in the renewable energy sector as governments seek to stimulate economic recovery. “Wind […]
(Nanowerk News) A team of scientists at the U.S. Department of Energy A major hurdle to the commercial use of direct ethanol fuel cells is the molecule
Just because the issue of food prices has not been in the headlines recently it has not gone away. Although prices have fallen from the highs recorded during the unprecedented spike at the beginning of 2008, they have not fallen back to where they had been before the crisis began. And many of the factors […]
NEW ORLEANS Press says the company’s full-size Dodge Durango SUV is in the shortest supply among all the vehicles sold by Chrysler. Yet the automaker decided last year when gas prices were high to phase out the product out of fear buyers would shun it. The turnabout “shows the fickleness of the market,” says Press, […]
Doubts are surfacing over the future of BP’s A string of oil-sands projects, which depend on prices of as much as $70 a barrel to remain economic, have been scrapped or delayed in recent months as crude oil prices have plummeted, from highs of more than $147 last July to lows of less than $40 […]
President Obama plans to instruct key federal agencies today to reexamine two policies that could force automakers to produce more fuel-efficient cars that yield fewer greenhouse gas emissions, according to sources who have been briefed on the announcement. The move, which the White House has privately trumpeted to supporters as “the first environment and energy […]
RIYADH, Saudi Arabia (AP) “Our sector is no stranger to cycles,” Scaroni said. “But the turbulence we are currently experiencing
…I remember last year when George Bush, our brilliant, intellectual and astoundingly popular 43rd president stated, But let
The market’s obsession with plummeting oil demand has been so pervasive in the past six months it even fostered a new theory — peak demand. Much like the peak oil movement gained momentum when oil prices were rising, now that they have collapsed some are convinced oil demand hit its highest point last year in […]
At first glance, it reminds you of an old motorcycle and side-car. But this pooch-powered scooter is being hailed as the the latest in dog walking technology. Owners simply strap their dogs into a harness, which is attached at the side to a scooter. The human rider can put on the brakes and retains directional […]
Climate change is already affecting the lives of the world’s most vulnerable people, but a world renowned environmentalist has stepped onto the podium and offers a bold vision for a sustainable future for the world’s food producers and consumers . In Soil Not Oil, Indian scientist, agricultural activist and bestselling author, Dr Vandana Shiva, connects […]
Obama Scientists have long concluded that corn-ethanol does not work. Over a decade of studies have revealed the greenhouse emissions released by corn ethanol are similar to those of gasoline, with the most generous approximations estimating only a 30 percent decrease in greenhouse gases. The growth and production of the corn requires transportation, fertilizer, herbicide, […]
…When I first wrote about the Pickens Plan, as it is now known, he was putting his money where his mouth was, declaring that he was going to build a giant 2,700-turbine wind farm in West Texas costing upward of $10 billion. Nope, not anymore. The nation In fact, the whole Pickens Plan seems to […]
Human civilization will heat up the planet; the glaciers will melt and the seas will rise. It’s a familiar refrain by now, with a familiar solution: stop pumping out the greenhouse gases that trap the sun’s heat. But even if we bring the greenhouse effect under control, says a Tufts astrophysicist, the earth will warm […]
LUANDA (Reuters) – OPEC could meet before March if Brent crude oil prices fall to below $40 per barrel, the group’s president was cited by Angolan weekly newspaper O Pais as saying. Although Jose Botelho de Vasconcelos said he only expected the next gathering of the 12-member Organisation of the Petroleum Exporting Countries to take […]
…Am I some kind of dystopian? I believe in peak carbon, and I’m becoming a believer in peak debt. I’m very sympathetic to peak fish, and I’m agnostic on peak dirt: I haven’t really looked into it. I generally avoid the peak-oil crowd, not because they make no sense at all but rather because they’re […]
The party’s over for Big Oil. That may not be immediately evident as the world’s largest publicly traded oil majors reveal their annual 2008 profits in the coming days. Crude’s wild ascent into triple digits for most of last year paves the way for yet another string of record annual earnings. But oil’s swift fall […]
Western powers believe that Iran is running short of the raw material required to manufacture nuclear weapons, triggering an international race to prevent it from importing more, The Times has learnt. Diplomatic sources believe that Iran’s stockpile of yellow cake uranium, produced from uranium ore, is close to running out and could be exhausted within […]
GLOBAL CATASTROPHES AND TRENDS: The Next Fifty Years. Vaclav Smil. xii + 307 pp. The MIT Press, 2008. $29.95. Prolific writer Vaclav Smil characterizes his latest book, Global Catastrophes and Trends, as The past 50 years have been exceptionally stable and unusually benign in global terms, Smil says, but this will change. The risks of […]
The Club of Rome What do you make of what’s happening in the world’s economy today? We face three critical issues: climate and environment, poverty and development, and finance and economy. These issues are intimately linked. We cannot try long-term solutions to one while disregarding the others. We cannot just look at the next quarter […]
HOUSTON — US drilling activity continued to plummet, down by 53 rotary rigs this week with 1,515 still working, said Baker Hughes Inc. That’s the lowest activity level since the week ended Feb. 3, 2006, when the US rig count was 1,513 and climbing. Last year at this time, there were 1,747 rotary rigs drilling. […]
RIO DE JANEIRO -(Dow Jones)- Plummeting oil prices and the worst financial crisis in 30 years failed to crimp plans at Brazilian state-run energy giant Petroleo Brasileiro (PBR), with the company boosting investments over the next five years by more than 50%. Petrobras said late Friday that it will invest $174.4 billion in 2009-2013, including […]
The curtain comes down this week on the 2009 Detroit International Auto Show — and with it likely on the American auto industry as we know it. This might turn out to be a watershed year when some of the industry’s big players permanently shift gears from serving ordinary car buyers to serving the grand […]
TRIPOLI (AFP) – Libyan leader Moamer Kadhafi said Tripoli could nationalise foreign oil firms operating in the country unless prices rise to 100 dollars a barrel, the state news agency JANA reported on Saturday. “There have been calls for the nationalisation of the oil and gas industry,” he said at a dinner on Friday night […]
TGR: Will there be new lows for TGR: Do you mean out of oil? Or at a point where demand exceeds production? DG: We would be out! Gone, done! There would be no more. Isn
The editors of this issue do not believe this crisis is simply one of
finite resources (
Twenty-nine years ago, President Jimmy Carter adopted the radical and dangerous policy of using military force to ensure U.S. access to Middle Eastern oil. “Let our position be absolutely he clear,” he said in his State of the Union address on January 23, 1980. “An attempt by any outside force to gain control of the […]
LONDON (Reuters) – Oil majors including Royal Dutch Shell Plc (RDSa.L) and BP (BP.L) are expected to announce the end of a four-year run of record-breaking earnings over the coming weeks, after crude prices collapsed from over $100/bbl during the fourth quarter. Analysts believe the big international oil companies will be forced to curb generous […]
MMS sees massive steel platforms as most likely technology for offshore Arctic The most recent wave of oil exploration in Alaska …The researchers recognized that the principal factors affecting the design of Arctic offshore facilities include ice loads; the requirement for a platform or island structure to store sufficient consumable supplies for operation in an […]
In the most significant response yet to the recent drop in oil prices, ConocoPhillips is budgeting a 20 percent reduction in capital spending in Alaska for this coming year. The reductions are not expected to impact major programs or exploration drilling, though, and ConocoPhillips has not yet determined whether a staffing cut will extend to […]
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