Hurricane Gustav/Hurricane Ike activity statistics final update

Offshore oil and gas operators in the Gulf of Mexico continue to restore shut-in oil and natural gas production resulting from Hurricane Gustav and Hurricane Ike. This report will be the final one issued concerning shut-in production from these two storms. From the operators’ reports, it is estimated that approximately 9.2 % of the oil […]

Getting your hands on some green…stimulus

At least $8 billion is designed to help homeowners add insulation, replace windows and get better appliances. Here’s how to get your share. NEW YORK (CNNMoney.com) — Anyone wanting to green up their home – and get the government to kick in for part of the bill – now may be time to do it […]

Ethanol plants no panacea for local economies, study finds

CHAMPAIGN, Ill. …

Program on Climate Economics

Left unchecked, global climate change will profoundly affect the global, national and regional economies. Even modest global warming will produce significant economic change. Both mitigation and preparation will cost money and involve economic risks. Yet, both offer the potential of new economic opportunities, job growth and security What if we don’t act to address climate […]

Tampa Bay area’s water supply is in ’severe’ shortage

As the traditionally dry spring approaches, regional water managers are asking the state to impose the toughest watering restrictions in history. The reservoir that helps supply water to the Tampa Bay area is about a month from being drained, a sign of how dire the problem has become, officials with Tampa Bay Water said Monday. […]

Parched China to slash water consumption by 60%

As rivers run dry and fields turn to dust, China has announced dramatic plans to cut water use by industry and agriculture. Water resources minister Chen Lei said it would cut the amount of water needed to produce each dollar of GDP by 60% by 2020. With the economy on course to grow by 60% […]

Honeybees under attack on all fronts

THE world’s honeybees appear to be dying off in horrifying numbers, and now consensus is starting to emerge on the reason why: it seems there is no one cause. Infections, lack of food, pesticides and breeding – none catastrophic on their own – are having a synergistic effect, pushing bee survival to a lethal tipping […]

Stimulus expected to add jobs to build new energy system

WASHINGTON It’s difficult to put precise numbers on how many new green jobs to expect. Government economists use a formula to figure out how a fiscal stimulus translates into jobs, but uncertainties remain. Some of the results will depend on decisions that the Department of Energy and the states make about how to spend the […]

Fallen oil prices a chink in Sarah Palin’s armor

ANCHORAGE, Alaska The rapid decline of oil prices has left the state in a looming budget crisis and a late-entrant in the national recession. And that could have political repercussions for the former Republican vice presidential hopeful, who has signaled an interest in a 2012 presidential run but must stay visible in the Lower 48 […]

Peak Oil and Health

This conference will address the linkages between peak oil, climate change, our built environment, and the public Howard Frumkin, MD, MPH, DrPH

Corn Ethanol: A Health Warning

Pollutants emitted as a result of corn biofuel production could have serious impacts.Switching from gasoline or corn-based biofuels to cellulosic ethanol–made from the stalks and stems of plants–could have more health and environmental benefits than previously recognized, according to a study of different types of transportation fuels.The environmental and health costs associated with cellulosic ethanol […]

Russia investigates 4 major oil firms over prices

MOSCOW (Reuters) – Russia’s anti-monopoly watchdog (FAS) said on Tuesday it had started investigations into four major oil firms — Rosneft, LUKOIL, Gazpromneft and TNK-BP over high prices. “Today we began four investigations,” FAS head Igor Artemyev told a briefing, noting that the companies did not cut retail sales during the fourth quarter of 2008 […]

Robert Hirsch: Peak Oil – What Do We Do Now?

The history of world peak oil production has been truly remarkable. Modern day concerns were rekindled in 1998 when Campbell and Laherrere published their peak oil thinking in Scientific American. Not surprisingly, they were largely ignored. Some in the establishment took the time to utter There were a number of significant milestones along the way […]

Kunstler: President’s Day

Obama will have to start announcing things like bank holidays, nationalizations, possibly even dollar devaluation A creepy feeling ushers in President’s Day this year as the suspicion grows that nobody in charge of anything knows what what to do next. The usual yin-yang consensus has solidified in congress along party lines, both equally idiotic. In […]

Waterworld Dreams Realized: Oil Rigs Become Luxury Hotels

Morris Architects, a worldwide architectural firm with offices in Los Angeles (Morris is behind the under-construction Anaheim GardenWalk Hotel) recently won the top prize in a hospitality design design contest for their award-winning “Oil Rig Resort, Spa, and Aquatic Adventure,” a design concept that transforms your standard Gulf Coast oil rig into an sustainable resort. […]

Security of Iraq oil expected to improve with Umm Qasr port revamp

The Iraqi Navy is paying the U.S. Army Corps of Engineers to revamp part of Umm Qasr port in southern Iraq, the first Iraq to U.S. Foreign Military Sales project and vital to securing oil exports. The Iraqi government in effect has contracted GRD for a $53 million rehabilitation of the Umm Qasr pier and […]

Oil exploration cuts may trigger fuel price surge when economies revive

The combination of the plunge in oil prices since July and the global credit crunch has dealt a one-two punch to energy investments, setting the stage for tight fuel supplies and a renewed surge in prices when energy demand recovers, industry specialists warn. The investment slowdown “will most definitely” affect supplies because of the time […]

Chavez Looks Beyond 2013 as He Faces Serious Challenges

When voters abolished term limits for President Hugo Chavez over the weekend, they handed him a long-sought victory, one that could easily embolden him to step up his socialist-inspired visions for his country. And yet, major obstacles to that revolutionary dream lie ahead, in the form of sagging prices for the country’s oil and a […]

Energy firms get go-ahead for UK wind farms

Britain on Monday approved bids by energy firms to boost the number of offshore wind farms, potentially helping the UK to move closer to hitting tough renewable energy targets. The Crown Estate, an independent body which owns all the seabed within 12 nautical miles of the UK coast, said it was awarding exclusivity agreements to […]

South Asia’s largest rivers threatened, warns UN

Water resources in three of South Asia’s largest river basins are highly vulnerable, with millions of people at risk of increasing water scarcity, a new report has found. The report — jointly released by the UN Environment Programme and the Asian Institute of Technology — studied the Ganges-Brahmaputra-Meghna (GBM), Indus and Helmand river basins, all […]

Ocean Less Effective At Absorbing Carbon Dioxide Emissons

In the Southern Indian Ocean, climate change is leading to stronger winds, which mix waters, bringing CO2 up from the ocean depths to the surface. This is the conclusion of researchers who have studied the latest field measurements carried out by CNRS’s INSU, IPEV and IPSL. As a result, the Southern Ocean can no longer […]

Can geo-engineering rebuild the planet?

As we grapple with the problems of global warming, the standard prescription – cutting greenhouse gas emissions – is proving problematic. “I cannot see that we will be able to keep carbon levels low enough to prevent catastrophe,” says Professor Brian Launder, of the University of Manchester. “Over the past five years, emissions have gone […]

Russian oil output down 0.8%, gas down 10.5% in Jan. year-on-year

MOSCOW (RIA Novosti) – Russia’s crude production in January declined 0.8% year-on-year to 41 million metric tons (300.5 million barrels), while natural gas output fell 10.5% to 55.2 billon cubic meters, the Federal Statistics Service said on Monday. Primary crude processing decreased 2.8% against January 2008 to 19.3 million tons and declined 0.3% against December […]

Ethanol maker Cascade Grain files Chapter 11

A company that opened a $200 million ethanol plant in Clatskanie last year has filed for Chapter 11 bankruptcy protection. The petition for reorganization was filed Jan. 28 in Portland by Cascade Grain LLC of Vancouver. According to the filing, the company has 50 to 90 creditors and owes a total of $3.6 million to […]

Iranians Feel Pinch of Falling Oil Prices

Many fear living conditions will deteriorate further if parliament approves president’s plan to cut energy subsidies. Last October, Iran’s central bank head Mahmoud Bahmani warned of hardships ahead as falling oil prices resulted in a 54 billion US dollar reduction in the country’s foreign exchange earnings. Back then, oil cost just less than 70 dollars […]

Canada

(Bloomberg) — Petroleum extracted from tar sands in Canada may provide the first foreign-policy test for President Barack Obama The oil is separated from sand and clay with intense heat in a process that releases more greenhouse gases than pumping conventional crude. The total

Indonesia: Activists denounce plan to allow palm oil firms in peatlands

Environmental activists have mounted a challenge against the government’s plan to allow palm oil companies to set up plantations in the country’s remaining peatlands. Greenpeace Southeast Asia says the plan runs counter to President Susilo Bambang Yudhoyono’s promise to halve emissions from the forestry sector by 2009. The President made the pledge during the climate […]

The ‘holy grail’ of biofuels now in sight

With one foot planted in a pile of corn cobs, Mark Stowers explains how agricultural waste, transformed into ethanol, will turbocharge the US economy, boost its energy security, and help save the planet, too. This holy grail of biofuels, called cellulosic ethanol, has been “five years from commercialization” for so long that even Dr. Stowers […]

China: King coal losing his power in electricity industry

China is likely to continue cutting investment in coal-fired power plants as the lackluster economy may result in a power glut this year, but it will increase its efforts to build more nuclear reactors and wind farms to improve its energy mix, according to Zhang Guobao, head of the National Energy Administration (NEA). Speaking at […]

China aims to up oil output 1.2 pct in ‘09 – paper

China aims to produce 192 million tonnes of crude oil and 86 billion cubic metres of natural gas in 2009, up 1.2 percent and 13 percent, respectively from last year, an industry newspaper said on Monday. The China Petroleum Daily, run by state oil heavyweight CNPC, the parent of PetroChina, said that in addition to […]

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