Scientists are, for the first time, objectively evaluating ways to help species adapt to rapid climate change and other environmental threats via strategies that were considered too radical for serious consideration as recently as five or 10 years ago. Among these radical strategies currently being considered is so-called “managed relocation.” Managed relocation, which is also […]
AMSTERDAM – Royal Dutch Shell PLC on Wednesday unveiled a major overhaul of its businesses and management that will affect thousands of jobs, part of a shake up ordered by the incoming chief executive. Peter Voser, who takes the CEO job on July 1, said the changes would “increase accountability in the company and improve […]
Taking control of our food supply, from the kitchen garden to the community Detroiter Holly White says what started her gardening was stark staring fear. After getting rattled by theories about “peak oil” “But then I tasted my first fresh tomato and the flavor blew me away.” Wary of big food and eager to explore […]
BP chalked up its eighteenth oil discovery in ultra-deep water Block 31, Angola. The discovery is in the southern portion of Block 31, some 355 kilometres north-west of Luanda and 4.3 kilometres north-east of the Dione discovery. The new discovery has been named Oberon. ProactiveInvestors
Considering rising global energy stakes, Iran’s oil and gas positioning, as well as how 30 plus years of US sanctions and frozen relations have garnered little for Washington, it is clear that the US needs Iran more than the other way around. In essence, for the US and its closest allies, Iran increasingly appears to […]
A team of British researchers reckon they have hit on a way of cutting airline fuel bills by up to a fifth by harnessing the same principle that applies when you blow across the top of a bottle to make a sound. Speaking to BusinessGreen.com, Dr Duncan Lockerby, from the University of Warwick, who is […]
A road trip to show the viability of hydrogen fuel cell cars took off from Chula Vista this morning. KPBS Environment Reporter Ed Joyce says the nine-day tour to Canada is intended to promote zero-emission vehicles. Twelve high-tech fuel cell cars and SUVs from seven manufacturers are on their way to Vancouver British Columbia. Todd […]
U.S. automaker Chrysler LLC said on Tuesday it submitted proposals totaling $448 million to the U.S. Department of Energy to research and develop electric vehicles and plug-in hybrid models. Chrysler and its “partners,” plus the Department of Energy, would pay $224 million each should the proposals be approved and would include an investment of up […]
Toyota Motor Corp.Bloomberg
THE big rally in the oil price in recent weeks is down to Chinese stockpiling, a leading energy industry analyst has claimed. Oil industry experts Bernstein Research say they have been spying on the world’s third-largest economy and have concluded China is actively hoarding supplies. After the spectacular crash in the crude price last year […]
Oil prices are again up and running. Are they heading up to the July 2008 level of US$147 per barrel, or even higher? Will higher oil prices again squash world economic growth? With interest rates at or near zero, the London Interbank Offered Rate (Libor) at its lowest rate since its inception, unlimited money supply, […]
BOSTON (Reuters) – General Electric Co aims to boost its investment in clean-tech research and development to $1.5 billion a year by 2010, the largest U.S. conglomerate said on Wednesday in its annual “Ecomagination” report. The maker of products ranging from electricity-producing wind turbines to energy-efficient compact-fluorescent lights, wants to grow green-business revenues to what […]
Russia plans next month to start construction of an oil link to the Baltic Sea, its oil pipeline monopoly said, launching a project that will allow Moscow to bypass Belarus in exporting 1 million barrels daily. Transneft first proposed expanding the Baltic Pipeline System to Ust-Luga, near the Russian port of Primorsk, after a dispute […]
BEIJING (Reuters) – China must raise gasoline and diesel prices within days or risk more political lobbying and speculative fuel hoarding that would further erode the credibility of a landmark pricing reform launched just months ago. The government faces a dilemma: raise fuel prices, rewarding speculators at the cost of hard-pressed farmers and industries; or […]
The warnings are not new, but theyFTBlog
ABU DHABI (Reuters) – France wants oil producers and consumers to agree to price regulation in an effort to safeguard buyers from market volatility and protect energy investments, French President Nicolas Sarkozy said on Tuesday. During an official visit to the capital of the United Arab Emirates, Sarkozy said France and the UAE might soon […]
VANCOUVER, British Columbia (Reuters) – Triple-digit oil prices are once again around the corner and will sound the death knell for globalization, an audacious but sometimes prescient Canadian economist predicts in a new book. Jeff Rubin, who until two months ago was the chief economist and strategist at investment bank CIBC World Markets, argues that […]
Russian gas export monopoly Gazprom is keen to participate in a pipeline to carry Iranian gas to Pakistan, the Kommersant daily reported on Wednesday, citing company and government officials. “We are ready to join the project as soon as we receive an offer,” Russia’s deputy energy minister Anatoly Yankovsky told the daily. The paper quoted […]
Indonesian biofuel producers want authorities to allocate higher subsidies next year, in line with a surge in crude oil prices, the chairman of the industry association said on Wednesday. Indonesia’s palm-based biodiesel firms, which have mostly stopped operations, have said they are awaiting for a new price formula and government subsidies in order to survive […]
President Hugo Chavez, a socialist, blames capitalism for the world’s economic problems, but in this case he’s partly at fault for Venezuela’s troubles. The global drop in oil prices, which is expected to halve the dollars that Venezuela earns from its oil exports this year from 2008, is beyond his control. However, Chavez spent so […]
Cubans are in for an especially hot summer under an energy saving plan that could shut off air conditioners at work and require Saturday-morning blackouts at home, according to an unpublished government directive obtained by The Associated Press. The plan, signed by new Economics Minister Marino Murillo and circulating Tuesday among government offices and state […]
Officials from Pakistan on Sunday finally signed a gas pipeline accord with Iran, without India’s participation, after 14 years of on-off negotiations over what was initially framed as the Iran-Pakistan-India (IPI) gas pipeline project. Under the gas sale purchase agreement signed between the Iranian National Oil Company and Interstate Gas System of Pakistan, Iran will […]
Solar power stations that concentrate sunlight could generate up to one-quarter of the world’s electricity needs by 2050, according to a study by environmental and solar industry groups. The technology, best suited to the desert regions of the world, could also create hundreds of thousands of new jobs and save millions of tonnes of CO2 […]
America’s richest people meet to discuss ways of tackling a ‘disastrous’ environmental, social and industrial threat SOME of America Described as the Good Club by one insider it included David Rockefeller Jr, the patriarch of America
Crude futures recover earlier losses ahead of the next OPEC meeting, as a triple-digit rally on Wall Street supports takes charge. NEW YORK (CNNMoney.com) — Oil prices rebounded Tuesday to their highest level this year as a triple-digit rally on Wall Street pulled crude off its earlier lows. Violence in oil-rich Nigeria cut off supply […]
(Bloomberg) — Supplies of liquefied natural gas from proposed plants in Australia, Papua New Guinea and Indonesia may exceed demand in the Asian region by at least 57 percent, data from Wood Mackenzie Consultants Ltd. show. The combined capacity of some LNG projects in Papua New Guinea, Australia and Indonesia is more than 44 million […]
Business leaders met in Denmark to try to unite behind a common call for long-term climate policies, ahead of a U.N. conference in December meant to forge a new climate treaty to replace the Kyoto Protocol. “For those who are directly or implicitly lobbying against climate action I have a clear message: your ideas are […]
JENNINGS, La. The erstwhile enemies, it turns out, are gradually learning to get along, as refiners increasingly see a need to get involved in ethanol production. Ethanol, made chiefly from corn, now represents about 9 percent of the country
Prospects for renewable energy have never looked better, even in the face of recession. But the new technologies are growing so fast they are beginning to threaten the old. Some defenders of conventional energy have started to argue against renewables, citing fears about growth. In 2008, for the first time, both the EU and the […]
Despite humanity surviving and thriving for thousands of years using commodity currencies the fiat currency proponents have effectively marshaled the press and academia to equate those in favor of a commodity currency with those counting down to Armageddon. When looking back through the corridors of history one lesson is clear from humanity …Shortly before Memorial […]
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