Russia’s oil output (including gas condensate) declined 1.3%, year-on-year, in January-March 2009 to 120 million metric tons (880 million barrels), the country’s top statistics body said on Wednesday. At the same time, oil output in March increased 0.5%, year-on-year, and 11.2%, month on month, the State Statistics Service (Rosstat) said. Primary oil refining declined 1.1%, […]
The Organization of Petroleum Exporting Countries cut its forecast for oil demand this year for an eighth successive month as the economic slowdown in the worldBloomberg
Clearly, we cannot keep eating this way. When you hear the words “peak oil,” the long lines at gas pumps during the energy crisis in the 1970s may spring to mind. However, the continuous decrease in the world’s oil reserves more likely will result in longer bread lines than gas lines. Collectively, we Americans eat […]
When the economy started to squeeze the Wojtowicz family, they gave up vacation cruises, restaurant meals, new clothes and high-tech toys to become 21st-century homesteaders. Now Patrick Wojtowicz, 36, his wife Melissa, 37, and daughter Gabrielle, 15, raise pigs and chickens for food on 40 acres near Alma, Mich. They’re planning a garden and installing […]
Drastic, economy-changing cuts to greenhouse gas emissions will spare the planet only half the trauma expected over the next century as the Earth warms. And that Because a failure to significantly curb these planet-warming gases will truly transform our world in less than 100 years. A new study to be published by scientists at the […]
There is no better moment in history for the U.S. and China to work together on clean energy. President Obama’s fiscal stimulus package will first and foremost have an economic benefit for the US economy. But from my perspective working on clean energy issues in China, the stimulus package can have a dual hit, helping […]
Royal Dutch Shell PLC is delaying or dropping some alternative-energy projects in China as too costly, given current oil prices, executives said Tuesday. Lim Haw-Kuang, executive chairman of Shell Companies in China, said in Beijing that because of the economic downturn, it decided to postpone a joint venture with Shenhua Group, China’s top coal producer […]
Minor metal lithium is set to charge ahead to become the top material for batteries and vital for electric transport, but supplying any spike in demand could be fraught with difficulties. Bolivia, a poor but resource-rich country governed for the past three years by leftist Evo Morales, has about 50 percent of the world’s lithium […]
The renewable energy industry got more than it bargained for when the National Energy Regulator of SA (Nersa) announced higher than expected renewable energy feed-in tariffs, paving the way for significant investments in this budding sector. Given the high initial capital costs, potential investors in the renewable energy industry have been anxious about the feed-in […]
Let’s challenge the convenient notion that “over-consumers” in rich countries can blame “over-breeders” in distant lands. It’s the great taboo, I hear many environmentalists say. Population growth is the driving force behind our wrecking of the planet, but we are afraid to discuss it.It sounds like a no-brainer. More people must inevitably be bad for […]
Cutting greenhouse gases by 70 percent this century would spare the planet the most traumatic effects of climate change, including the massive loss of Arctic sea ice, a study said Tuesday. Warming in the Arctic would be almost halved, helping preserve fisheries, as well as sea birds and Arctic mammals like polar bears in some […]
A new study finds that it will take more than 75 years for the carbon emissions saved through the use of biofuels to compensate for the carbon lost when biofuel plantations are established on forestlands. If the original habitat was peatland, carbon balance would take more than 600 years. The study appears in Conservation Biology.The […]
Wasting energy is an “anti-social act” that should be viewed in the same way as drink-driving, a leading environmentalist said today. Dr Richard Dixon, director of WWF Scotland, said there is a “rump of people” who will not take action in their homes to help prevent climate change.But he said that a third of all […]
1. Production and Prices 2. IEA 1. Production and Prices The oil markets continue to move with the equity markets. When there is bad economic news, oil and stocks go down. When there is even a flicker of good news, both go up. Last week oil climbed above $53 a barrel, fell to $47 on […]
Sure … If you can imagine building 3,540 new East Coast offshore wind farms the size of the world’s largest project. Don’t expect wind power to replace coal as the nation’s main source of electric power, whatever Obama’s interior secretary said. Interior Secretary Salazar said that the amount of “developable” wind power off the East […]
Biofuels could produce twice the carbon emissions of the fossil fuels they replace, environmentalists have claimed. Friends of the Earth have said rules introduced a year ago requiring a percentage of UK transport fuels to be “green” could have created an extra 1.3 million tonnes of CO2. Supporters of biofuels said that in the first […]
LONDON (AFP) “In the longer term, the world will need more oil production capacity, if a repeat of the recent damaging high-price period is to be avoided,” CGES said in its latest report. “Although the falling demand for oil is creating additional spare production capacity, as OPEC cuts its output, which is down by around […]
Hope seen with 70 percent emissions cut, catastrophe under ‘as is’ scenario WASHINGTON – So what would the world’s temperatures, and the planet, look like in 2100 if greenhouse gas emissions continued as is? And if they were cut by 70 percent? Researchers at a well-known climate center asked those questions and used a computer […]
OSLO (Reuters) – Some European birds will have to fly further as global warming shifts their breeding grounds northwards in the biggest challenge to the tiny migrants since the Ice Age, scientists said on Wednesday. Some types of warbler would have to add 400 kms (250 miles) to twice-yearly trips up to 6,000 kms to […]
WASHINGTON (Reuters) – Demand for gasoline in this summer’s driving season in the United States is expected to rise an anemic 1 percent, which will help to keep the lid on fuel costs, the Energy Information Administration said Tuesday. U.S. gasoline prices are expected to average $2.23 a gallon this summer, up from $2.05 this […]
The recent visit of US President Obama to Turkey was far more significant than the President’s speech would suggest. For Washington Turkey today has become a geopolitical “pivot state” which is in the position to tilt the Eurasian power equation towards Washington or significantly away from it depending on how Turkey develops its ties with […]
ENERGY EXECUTIVE ON THE END OF OIL The world could run out of oil in 20 years. This grim scenario is not the prediction of environmentalists, but of Michel Mallet, the general manager of French energy giant Total’s German operations. In an interview, Mallet calls for radical reduction of gas consumption and a tax on […]
Environmental pressure groups have sprouted up across the country in an effort to undermine Canada’s oil sands industry. They portray themselves as righteous defenders of the good, protecting Canadians from the forces of greed and exploitation. But a closer look at these groups reveals a sobering truth: the movement is as much an “industry” as […]
WASHINGTON – Retail sales fell unexpectedly in March, delivering a setback to hopes that the economy’s steep slide could be bottoming out. President Barack Obama and Federal Reserve Chairman Ben Bernanke said in separate speeches Tuesday that while other recent economic signs have been hopeful, problems persist and a true recovery will take more time. […]
America Climate changes since 1981 have already cost corn growers worldwide about $1.2 billion per year. A recent study by Lawrence Berkeley National Laboratory and the Carnegie Institution found that combined changes in temperature and precipitation since 1981 resulted in lower yields in corn and other crops, leading to wasted productivity and lost revenue. Unfortunately, […]
BEIJING (AFP) Governments will be required to strictly follow a compulsory green procurement list, which was published in 2007 and includes nine types of items such as air conditioners and computers, it said. Previously agencies could shop around for other goods if they could justify buying them on cost and energy-saving grounds, the report added. […]
(Bloomberg) — As OPEC nations make their biggest oil production cuts on record, Brazil, Russia and the U.S. are pumping more, threatening to send crude back below $50 a barrel as demand slows. U.S. imports from the Organization of Petroleum Exporting Countries fell 818,000 barrels a day, or 14 percent, to 5.02 million in January […]
Almost nine out of 10 climate scientists do not believe political efforts to restrict global warming to 2C will succeed, a Guardian poll reveals today. An average rise of 4-5C by the end of this century is more likely, they say, given soaring carbon emissions and political constraints. Such a change would disrupt food and […]
Royal Dutch Shell Plc, EuropeBloomberg
Mazda has back-flipped on its previous announcement that it would not offer alternative fuel engines as part of its goal to greatly improve the fuel economy of its vehicles by 2015. Signalling a shift in direction, Mazda CEO Takashi Yamanouchi recently spoke of the companyTheMotorReport
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