Cleantech stocks vs. Oil stocks – peak oil

Cleantech investing isn’t about finding the next big field or formation. It doesn’t rely on finding the next property with enough oil to satiate global demand for — let’s face it — a few months or, best case scenario, a year or two. In a world that consumes 60,000 barrels of oil per minute, large […]

Germany Agrees Plan To Lead Electric Car Market

German Chancellor Angela Merkel’s cabinet on Wednesday agreed a plan to get a million electric cars on Germany’s roads by 2020 and transform the country into the world’s top electric car market. The plan includes 500 million euros ($705.1 million) of funding for the construction of electric charging stations and programs to boost battery technology […]

China losing out in low-carbon economy bonanza

China might be the world’s biggest generator of carbon credits, but its sclerotic financial sector is still holding the market back, the head of the country’s pioneering CO2 exchange said. Carbon offsets are a brand-new commodity and China’s clean energy sector has generated more than half of the total credits now being sold under a […]

India foresees sharp rise in its nuclear power

India, whose nuclear pariah status ended last year, could obtain 50 percent of its power from atomic energy by 2050, the country’s nuclear chief said in an interview published Wednesday. India, which emerged from decades of nuclear isolation in 2008 when it signed a civilian technology supply agreement with the United States, now gets less […]

Kenya: Green Power Rules Come Rain Or Shine

When Kenya’s cellphone company Safaricom launched its solar- powered cellphone last week, it brought smiles to millions of consumers facing electricity rationing two days a week. Kenya is facing a severe electricity shortage partly tied to inadequate rainfall. Water levels in dams producing hydroelectric power are at record lows.East Africa’s biggest economy derives about 60% […]

Scientists Show How to Stack the Deck for Organic Solar Power

A new class of economically viable solar power cells — cheap, flexible and easy to make — has come a step closer to reality as a result of recent work* at the National Institute of Standards and Technology (NIST), where scientists have deepened their understanding of the complex organic films at the heart of the […]

Miasole; Layoffs Raise Questions About Technology

News of Miasole layoffs has raised questions about the company’s manufacturing technology and reminded investors about the difficulty of producing thin films. “Evidently, they’ve run into some technical difficulties that preclude production,” said Paul Maycock, president of solar-electric consulting and research firm Photovoltaic Energy Systems. “It’s very difficult to make thin film.”The layoffs are “a […]

John Michael Greer: Betting on the Rust Belt

…Yet it As far as I can tell, very few people on the west coast

Nigerian troops still in restive oil community: army

Nigeria’s military on Wednesday denied quitting the Gbaramatu community where troops provide security for oil firms and staff, contrary to a claim by an armed group in the restive, oil-rich Niger Delta. “The JTF (Joint Task Force) is still in Gbaramatu and will remain so until the situation is assessed to be normalising. Law-abiding citizens […]

Turbulence Ahead For Qantas

Since Qantas Airways cannot see through the clouds ahead, the flying kangaroo has turned on the emergency navigation system and readied a cost-cutting parachute to lighten its load for a safe landing. Because “high levels of volatility in the economic outlook, industry capacity, passenger demand, fuel prices and exchange rates continue,” Qantas Airways ( qubsf […]

California solar energy facilities to power up to 170,000 homes

Southern California Edison and First Solar have announced agreements that will result in two new large-scale solar energy projects in the southern part of the state. An announcement from the California utility says that the planned facilities will be among the largest of their kind, with a combined output of 550 megawatts of solar energy […]

Mexico's Pemex Plans 200 Oil Wells In Southern District

Petroleos Mexicanos is seeking contractors to drill 200 oil wells in the southern district as the state oil company struggles to stabilize plummeting oil production. Drilling is scheduled to start in early October and last for three years, according to documents on Compranet, the government procurement Web site. Pemex has ramped up investments despite the […]

Crude Oil Market Disconnect: A Problem Emerging

Last week crude oil prices bounced back above $70 a barrel before closing at $67.51, down $3.01 on Friday. As the chart of oil prices for the past six months shows, there has been a strong recovery this year, especially following the correction in July. Last week, oil prices closed above $70 on three of […]

Linde's sustainable development technology achieves green recognition

Linde’s commitment to sustainable technology was exemplified recently when the company won the ‘Green Solar Manufacturing’ Cell Award for its on-site fluorine (F2) generator technology. The company received the award at the 2009 International Solar Technology Awards. Linde’s revolutionary F2 cleaning process solution eliminates the use of nitrogen triflouride (NF3), a harmful greenhouse gas, from […]

Opec's greed will herald the end of the oil age

If producers keep prices high even when demand is slack, the world will be surprisingly quick to wean itself off fossil fuels Proclamations of economic recovery in the past week in Japan, France and Germany, and soon in Britain and America too, may signal the end of the Great Recession of 2007-09, albeit bumpily. As […]

Russian July refinery runs rise 1.8 pct from June

Russian oil refining runs rose by 1.8 percent on a daily basis in July compared to June and by 1.2 percent compared to the same month of last year, according to official data. Energy Ministry data showed Russian refineries processed 4.89 million barrels per day in July, up from 4.80 million barrels reached in June.Reuters

SNAP ANALYSIS – U.S. oil imports drop as more crude stored at sea

NEW YORK (Reuters) – A steep premium for long-dated crude oil futures has temporarily prompted traders to park more barrels off the U.S. Gulf Coast, spurring a dramatic drop in U.S. imports last week. U.S. crude imports fell by more than 1.4 million barrels per day in the week through Aug. 14 to 8.11 million […]

Why oil won't return to triple-digits

NEW YORK (CNNMoney.com) — Oil prices have surged nearly 50% from the start of the year, but don’t expect a return to triple digits anytime soon as worries about the pace of an economic recovery will continue to drive near-term volatility. “The market is manic right now,” said Phil Flynn, analyst at PFG Best. “This […]

Smart Grids May Help U.S. Boost Power Capacity by 13%

(Bloomberg) — The U.S. may be able to increase power capacity by about 13 percent without adding plants by adopting

Electricity from insects

Defence Advanced Research Projects Agency (DARPA) is conducting a Hybrid Insect MEMS (HI-MEMS) program which is aimed at developing technology that provides more control over insect locomotion. This is done by developing tightly coupled machine-insect interfaces by placing micro-mechanical systems inside the insects during the early stages of metamorphosis. HI-MEMS derived technologies will enable many […]

Germany wants a million electric cars by 2020

The German government unveiled plans Wednesday to get one million electric cars zipping around the country by 2020, offering sweeteners to jump-start national giants like BMW and Volkswagen into action. “It is the federal government’s aim that by 2020, there will be a million electric cars on Germany’s streets,” said Berlin’s “national electro-mobility plan” which […]

Australia, China ink $41 billion natural gas deal

A 50 billion Australian dollar ($41 billion) deal for China to buy Australian natural gas shows current diplomatic tensions between the two countries will not trump their commercial interests, officials said Wednesday. “China needs us, we need China,” Trade Minister Simon Crean told Australian Broadcasting Corp. after company executives signed the largest-ever trade deal between […]

Canada, ultradeep water assure US Gulf oil supply

Growing volumes of crude oil from Canada and the Gulf of Mexico should assure U.S. Gulf Coast refiners adequate supplies for years to come despite fast-declining imports from Mexico and Venezuela. Imports from the two major Latin American suppliers have dwindled by 24 percent in the past four years, but the huge refining region they […]

Angola's excess oil implies OPEC to hold steady

Increased oil output to a year-high from OPEC’s president Angola, flouting agreed limits, has helped stack the odds against any formal change when the producer group meets in September. Without a sharp slide in crude prices the Organization of the Petroleum Exporting Countries is likely to leave its output targets unchanged when it meets on […]

Nippon well placed in Nassiriya oil bid-Iraq official

Japan’s Nippon Oil Corp and partners have a good chance of winning a contract to develop the Nassiriya oilfield but negotiations are continuing over the financial terms of the project, Iraqi officials said Wednesday. Japanese state banks backing the consortium in its bid for the super giant oilfield will meet Iraqi Oil Ministry and Finance […]

Recession Robs Spain's Youth of Jobs and Hope

…Take Eva Reina L “We’ve hardly even started our careers, and we’re already disillusioned,” says Noa Beade, 24. Like others her age, Beade gets upset whenever she gives some serious thought to her career prospects. A year ago, Beade received a journalism degree from San Pablo CEU, a respected private university. She has also completed […]

Mexico's Fiscal Crisis Demands Action

But it is unclear whether the government will agree to necessary tax increases and budget cuts. Mexico’s public finances have been heavily oil dependent since the late 1970s. Deep recession has caused non-oil revenues to plunge as oil production falls steeply. Urgent measures are required to address a fiscal crisis that erupted practically overnight. It […]

Oil Industry Backs Protests of Emissions Bill

HOUSTON

South America: U.S. Military Bases in Colombia and the Dispute over Resources

The imminent agreement between the United States and Colombia over the use of seven military bases by the Southern Command (SOUTHCOM) forms part of the major dispute over commonly held resources throughout the South American region. First, a few recent updates:

Win a Horse-Powered Car. Horse Not Included

The inventor of a horse-powered vehicle has given up on his creation and is offering it up sans horse to a lucky winner along with its patent and a $100,000 cash prize. All you have to do is remind him exactly why he built it in the first place because he isn It

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