TOKYO (Reuters) – Honda Motor Co said on Monday its new Insight model became the first hybrid to be crowned Japan’s best-selling car last month. The Insight went on sale in Japan in early February as Honda’s first real attempt to challenge Toyota Motor Corp’s dominance in the gasoline-electric hybrid segment. A ranking of Japan’s […]
Environmental groups have accused BP of dropping its pledge to be green and replacing it with a commitment to be “responsible”. The oil giant was widely recognised as the first oil company to both acknowledge and tackle climate change. Also, its in-house carbon trading scheme – built with a little help from an unlikely ally, […]
The Environmental Kuznets Curve (henceforth EKC) was developed from a paper written by Simon Kuznets in 1955 titled Economic Growth and Income Inequality. His theory explained that the relationship between economic growth and income inequality forms an inverted U-shape graph with income inequality on the y-axis and economic growth (e.g. GDP/capita) on the x-axis. EKCs […]
● Much energy infrastructure lies in areas that are predicted to become increasingly physically unstable owing to changes in the environment. ● Already there have been environment-related disruptions to hydroelectric installations, offshore oil and gas production, pipelines, electrical transmission and nuclear power generation. ● As a result of scheduled decommissioning, revised environmental standards, stimulus spending […]
LONDON (Reuters) – The OPEC members most dependent on costly oil face a long struggle as some demand has gone for good and a target of around $75 a barrel is a distant dream, the executive director of the Centre for Global Energy Studies said. Fadhil Chalabi, who was previously a senior official in the […]
Forget peak oil — a series of new estimates of the world’s coal supply suggests reserves may be vastly overestimated, and if the planet isn’t running on a majority of alternative energies within the next few decades, we could be facing an unprecedented global energy crisis. On the flip side, a dwindling supply of coal […]
…Prime Minister Manning is either the eternal optimist or has completely misread the global economy. This is not a traditional boom-bust cycle, his economic “blip”. On its recovery the global economy, with respect to petroleum demand, will change. The world recognises that it is at, or, near to peak oil and gas production for economic, […]
(Bloomberg) — Honda Motor Co., General Motors Corp. and Toyota Motor Corp. say they
TIANJIN, China While the United States is still debating whether to build a more efficient kind of coal-fired power plant that uses extremely hot steam, China has begun building such plants at a rate of one a month. Construction has stalled in the United States on a new generation of low-pollution power plants that turn […]
The public debate about our energy crisis will be a waste of time – unless we start using numbers we all understand. To survive, we need to know how much energy we use, decide how much energy we would like to use in the future and learn how much energy each future source could supply. […]
What did Chevron do when it learned that
VENUSTIANO CARRANZA, Mexico With global business plummeting along with oil prices since last summer, Pemex
The physicist’s new book tries to make us face the facts on the energy that we use to keep our daily lives running smoothly We have an addiction to fossil fuels, and it Second, burning fossil fuels is having a measurable, and very probably dangerous, effect on the climate. Third, even if we don
Economic theory and economic indicators do not explain how the economy is disrupting and destroying the earth These increasingly visible trends indicate that if the operation of the subsystem, the economy, is not compatible with the behavior of the larger system
The observed increase in global surface temperatures is unequivocal and a clear manifestation of global warming. That conclusion comes in particular from 150 years of data collected by the 188 members of the World Meteorological Organisation through observing networks of tens of thousands of stations on land, at sea, in the air and from constellations […]
The challenges of exploration and development of arctic hydrocarbons is the newest frontier that energy companies are entering. A representative for Herve Madeo, a vice president at Total, spoke Wednesday at the Offshore Technology Conference (OTC) in Houston. Total (25%), StatoilHydro (24%), and Gazprom (51%) are jointly developing the Shtokman. Madeo was in Russia attending […]
In the debate over mandatory policy to reduce the United States First, the analysis indicates that, at a carbon dioxide price of $15 per ton, the competitiveness concern does not extend to the economy as a whole, but rather centers on a fairly narrow segment of U.S. industry — energy-intensive industries whose goods are traded […]
A first-of-its kind, long-term study of hurricane impact on U.S. trees shows that hurricane damage can diminish a forest When trees are destroyed en masse by hurricanes, not only will there be fewer trees in the forest to absorb greenhouse gases, but forests could eventually become emitters of carbon dioxide, warming the climate. …
(Bloomberg) — Irish police charged seven men after a protest late yesterday against a Royal Dutch Shell Plc gas pipeline in western Ireland. The men were charged with public order offences, criminal damage and possession of offensive weapons, police said today. Dublin-based broadcaster RTE reported that around 150 people took part in the demonstration at […]
I saw a parade of oil industry representatives plead for a transparent and fact-based public dialogue about our energy options for the future at the American Petroleum Institute (API) 2009 Offshore Technology Conference (OTC) las week. We should step away from the all-or-nothing debate on fossil fuels vs. renewables, they said, stop demonizing any of […]
… “Without moisture this wheat is going to continue to die,” he said. Add in the high costs of planting last fall — the spike in oil prices drove up the price of petroleum-based fertilizers, fuel and chemicals — and the chances of making a profit this year look bleak. “Four or five years ago, […]
CHINA, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure supplies and help stabilise prices, the nation’s top economic planner says. The province would complete the construction of four to six coal stockpile bases within the next three to five years, the […]
…In short, IFRs could produce lots of greenhouse-friendly energy and while they
The two main provincial political parties, the B.C. Liberals and the B.C. NDP, don’t like talking about peak oil. They both seem to think it’s good public policy to build a new multibillion-dollar bridge across the Fraser River. Today, I’ve been reading Jeff Rubin’s startling new book, Why Your World Is About to Get a […]
BEIJING – China and Kuwait signed agreements on oil and gas and the environment Sunday, as Beijing pushes to deepen ties to resource-rich countries to feed its energy-hungry economy. Chinese President Hu Jintao and the emir of Kuwait, Sheik Sabah Al Ahmad Al Sabah, held brief talks Sunday and then presided over the signing of […]
The U.N. nuclear watchdog is investigating the discovery of traces of highly enriched uranium at a nuclear research site in Egypt, according to a restricted International Atomic Energy Agency report obtained by Reuters. It did not specify whether the particles were weapons-grade — enriched to a level high enough for use as fuel for an […]
It’s a classic case of calm before the storm. The AfPak chapter of Obama’s brand new OCO (“Overseas Contingency Operations”), formerly GWOT (“global war on terror”) does not imply only a surge in the Pashtun Federally Administered Tribal Areas (FATA). A surge in Balochistan as well may be virtually inevitable. Balochistan is totally under the […]
The planet owes Nicholas Stern a big thank you. His Stern Review on climate change, written for Gordon Brown in 2006, had nothing new to say about the science of global warming, but he rewrote the story in the language of economics. Setting aside crashing ice sheets, spreading deserts and super-hurricanes, he warned instead of […]
The current insolvent status of state-run oil holding Petr As set forth in the agreements, payments for sale of hydrocarbons should be deposited in US dollars in the bank accounts held overseas by the mixed companies to pay their foreign debts, debt service and contractors’ fees. “Pdvsa owes mixed companies, should pay them for the […]
One recent evening at the presidential palace in Mal Nasheed appeared when a pair of French doors opened and a gust of conversation blew into the room. It was a humid night in March. Several dozen cabinet members, Supreme Court justices, parliamentarians, presidential advisers and other dignitaries trailed the young president, who wore navy slacks […]
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