Obama

President Barack Obama’s energy plans and actions during the first 100 days of his administration reveal a strong emphasis on spending to promote renewable energy technologies that will generate jobs and an effort to shift the nation to a low-carbon economy. Obama has proposed $150 billion in federal spending for such projects in the coming […]

Timeline: Earth's Precarious Future

Humans will face widespread water shortages. Famine and disease will increase. Earth 2008 Arctic sea ice hits its second lowest summer ice extent on record (the lowest extent was in 2007). A massive chunk of ice breaks away from Greenland’s Petermann Glacier. Several breakups of ice shelves in Antarctica are observed. (NSIDC; Jason Box, Ohio […]

Jet fuel from oilseeds emits less greenhouse gas

BILLINGS, Mont. Camelina is considered well-suited to Montana and other arid Northern Plains states because it needs little water. Terrance Scott with the aircraft manufacturer Boeing says camelina is one of a handful of crops with the potential to provide sufficient “feedstock” to make large quantities of jet fuel. However, the industry has struggled to […]

U.S. oil refineries a tough sell in a recession

NEW YORK (Reuters) – U.S. oil companies may need to start pulling their unwanted refineries off the auction block if they want to avoid selling into the worst market for energy assets in more than six years. The gloomy market is bad news for companies seeking to shrink their exposure to weak fuel demand in […]

'Safe' climate means 'no to coal'

About three-quarters of the world’s fossil fuel reserves must be left unused if society is to avoid dangerous climate change, scientists warn. More than 100 nations support the goal of keeping temperature rise below 2C. But the scientists say that without major curbs on fossil fuel use, 2C will probably be reached by 2050. Writing […]

WHO 5 PEOPLE 0

WHO: Pandemic now at Level 5 3:28 PM Wed, Apr 29, 2009 The World Health Organization has just raised the flu pandemic level to 5 (out of 6). WHO director Dr. Margaret Chan said that this is a signal to all nations to activate their pandemic flu response plans. This is big. But let me […]

Time to face the energy reality

Imagine a world in which oil production is declining, and prices are rising with no end in sight. Sooner or later, that world will be a reality. Peak oil is the point at which 50 percent of the world’s oil – the easiest 50 percent to get to – has been extracted. From that point […]

Royal Dutch Shell's profits fall 58pc on oil price slide

Group increases debt to pay for dividend rise and capital expenditure Royal Dutch Shell’s profits more than halved in the first quarter as oil prices tumbled, forcing the energy group to increase its debt to support both the dividend and its investment programme. Despite the 58pc fall in profits to $3.3bn on a current cost […]

Oil Sands Cos Still Hesitate on Projects Despite Falling Costs

Costs in Canada’s pricey oil sands are starting to fall but nervous developers are still leery of giving the green light to stalled projects. Last week, Husky Energy Inc. (HSE.T) said estimated costs for its proposed Sunrise oil sands development — a joint venture with BP PLC (BP) — had nearly halved to C$2.5 billion, […]

Economic woes may speed Asian deforestation

Rising demand for palm oil could stymie a United Nations effort to protect forests in Malaysia. KUALA LUMPUR/JAKARTA (Reuters) — Growing economic pain may increasingly force consumers to turn to palm oil, one of the cheapest cooking oils, a move that could scupper nascent plans to slow deforestation in Southeast Asia. With rising output in […]

Interview: David Gard, Michigan Environmental Council Energy Program Director

…A lot of challenges we face: economically, I’m increasingly reading about peak oil, where we can no longer take for granted that we’re going to have plentiful resources that we’ve never questioned. Especially as other questions around the world, their quality of living explodes and people are replicating the American Way of doing things around […]

POLL – World oil demand to fall far more than thought

LONDON/NEW YORK (Reuters) – World oil demand is forecast to fall this year by much more than previously expected, as growth stalls in emerging powerhouses China and India and fuel consumption declines in the developed world. Estimates see oil growth re-emerging in 2010, but analysts remain divided about how severe this year’s demand contraction will […]

Argentina

Since 2005 Argentina has consumed 25% of its natural gas reserves, 15% of oil reserves and the Mar Argentino (South Atlantic) which has The Mar Argentino (South Atlantic) untouched possibilities are attributed not to the global crisis, but because to the lack of investment. The absence of

Oil Floods Rotterdam, Europe's Largest Port, as Demand Drops

(Bloomberg) — Rotterdam, Europe

…Yemen, the poorest Arab nation, is seeing annual tourist numbers dwindle to the thousands from 100,000 two decades ago because of worsening security. This is ending government hopes that its historical landmarks, including the 3,000-year-old Queen of Sheba temple and four United Nations World Heritage sites, can generate revenue and jobs to diversify the oil- […]

DuPont, GM, J&J Reach Joint Renewable-Energy Goal a Year Early

“A group of U.S. businesses, including DuPont Co., General Motors Corp. and Johnson & Johnson said it’s reached a 2010 goal of buying enough renewable energy to equal the power produced by a large coal-fired plant. The 15 companies have collectively purchased or generated 1,000 megawatts of energy from sources such as wind, solar, biomass […]

Japan opens major uranium deposit in Central Asia

Japan opened a major uranium mine in Kazakhstan on Friday, gaining access to alternative energy supplies from resource-rich Central Asia. Khorasan-1, tucked away in the arid steppes of southern Kazakhstan, is being developed by a group of Japanese firms including Toshiba Corp, as well as Kazakh state uranium company Kazatomprom and a unit of Canada’s […]

Saudi Investing to Boost Oil Production, Finance Minister Says

(Bloomberg) — Saudi Arabia, the Arab world Saudi Arabia has said that it will spend $400 billion, mostly on infrastructure projects, over the next five years to stimulate the economy and create jobs. The fiscal stimulus plan next year will consume 3.5 percent of gross domestic product. Saudi Arabia, the world

Ramirez threatens oil service companies

Venezuela’s Oil Minister Rafael Ramirez has threatened to take over oil service companies that fail to agree on new rates for their services, in one of several comments made to oil workers. “To those contractors who stopped work during the 2002 oil strike, we’ve told them it’s time to settle accounts and rates, change our […]

More suburbanites, hobbyists raise chickens

UNION, Mo. (AP) — A sport utility vehicle loaded with 1,200 baby chicks in cardboard boxes pulls up to the Clearview Feed and Seed store, where customers come to pick up their peeping, cheeping poultry orders on a recent spring day. Poultry dealers, chicken feed businesses and self-proclaimed “chicken enthusiasts” nationwide report city slickers and […]

Study: Kan. could be exporter of renewable energy

Kansas has the potential to become a major exporter of renewable energy, producing many new jobs and new tax revenue, a national study found. Lt. Gov. Mark Parkinson and members of the American Council on Renewable Energy presented the report on Monday during a webcast. The study was by the Joint Coordinated System, a group […]

Obama's First 100 Days of Coal: A Few Honest Words, Please

This much is clear: The Obama administration has ushered in a new era of democratic participation in the great energy debate, opening the door to discussions on coal and its dirty legacy for the first time in nearly a decade, and allowing the winds of change to air out Washington’s coal dank corridors. No question […]

China Has World's Fastest Growing Wind Power Capacity

China This is indeed an important milestone for China

Video – Clean coal infrastructure in U.S. estimated to cost 1 trillion:experts

The cost of carbon capture and sequestration infrastructure in the United States that would include each of the coal-fired electricity plants in the country could cost over a trillion of dollars, industry experts told CBS news program “60 Minutes” in a segment that aired on Sunday. “So, we’re talking about hundreds of billions, to a […]

Deepwater Oil Production Growth May Stagnate on Low Prices

April 28 (Bloomberg) — Crude oil output growth from deepwater areas may stagnate because current oil prices make it unprofitable to tap new deposits and large discoveries dwindle, a consultant said. Production from deepwater blocks grew 67 percent a year between 2005 and 2008 following discoveries off Angola and Nigeria. That beat a growth of […]

Oil falls near $49 as swine flu fallout eyed

VIENNA (AP) Benchmark crude for June delivery was down $1 to $49.14 a barrel by afternoon in Europe, in electronic trading on the New York Mercantile Exchange. The contract Monday fell $1.41 to settle at $50.14. Swine flu has killed up to 149 people in Mexico and cases have been reported in the U.S. and […]

Huge ice sheets melting faster, expert warns

Antarctica, Greenland called ‘awakening giants’ in terms of sea level rise OSLO – The ice sheets of Greenland and Antarctica have awakened and are melting faster than expected, a leading expert told peers ahead of a conference of ministers from nations with Arctic territory. Dorthe Dahl-Jensen, an expert with the Center for Ice and Climate […]

Some Economic Implications of Peak Oil

World oil production probably peaked in 2008. Liquid fuel production, including oil, is indicated by the OPEC data to have reached a peak in July 2008 at about 86 million barrels per day, with its price peaking at about the same time. ASPO International agrees, as indicated on the chart page of their recent newsletters. […]

Mexico's Woes: Quakes, Flu and Oil Production Collapse

Reluctantly IOn Tuesday of last week, quarterly production data was released by PEMEX. In the last several years, I cannot actually recall a single forecast by PEMEX that was not undercut later by worse than predicted production data. Last week was no different. But what

Nuclear solution comes with a huge price tag

COLUMBUS, Ohio A wave of new reactors now in the works is intended to solve at least part of the nation’s energy problems as it attempts to shift away from fossil fuels. But cost is likely to plague every upcoming nuclear project. This month in Missouri the first of the next generation reactors was put […]

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