Amid the gathering storm over Iran’s controversial nuclear ambitions, the race is on among Arab states to build nuclear power plants of their own, opening up immense trade opportunities for the industrialized world as well as the specter of proliferation. The United States, Britain, France and Russia are competing for contracts in the nuclear energy […]
Europe’s solar energy industry is facing a wave of bankruptcies because Asian companies offer their products much cheaper. Several German producers of solar cells, panels and modules, including large market-leading companies, have reported massive first-half losses.Q-Cells, one of the world’s largest makers of solar cells, said it would cut 500 jobs, nearly a fifth of […]
Google Inc is disappointed with the lack of breakthrough investment ideas in the green technology sector but the company is working to develop its own new mirror technology that could reduce the cost of building solar thermal plants by a quarter or more. “We’ve been looking at very unusual materials for the mirrors both for […]
MOSCOW (Reuters) Mr. Ch
(Bloomberg) — OPEC said it will keep oil production quotas unchanged, banking on a recovery in the world economy to maintain prices near today
… So what makes Libyan oil and gas so special – so valuable that the government might want to intervene in something as sensitive as the Lockerbie bomber’s punishment in order to preserve Britain’s chance of a part in the Libyan gold rush? And why is it only now, with the Megrahi affair in the […]
This is a story about the maddest energy scheme the world has seen since Ferdinand Marcos built a nuclear power station on a geological faultline. As I write, councillors in Newport, south Wales, are sitting down to decide whether or not to approve a new power station that burns vegetable oil. It’s one of several […]
As the global community focuses on righting the economic ship of state, it seems worthwhile to take another peek at the “peak oil” debate. The basis of considerable controversy, peak oil is the theoretical point at which global oil production will plateau, and then irreversibly decline. Geologists and veteran oil industry analysts have varying forecasts […]
The year 2008 was the best yet for renewables. Even though the global economic downturn affected renewables in many ways starting in late 2008, the year was still one to remember. As Table 1, on page 22, shows, in just one year, the capacity of utility-scale solar photovoltaic (PV) plants (larger than 200 kW) tripled […]
Leading vehicle manufacturers in fuel cell technology The signing automobile manufacturers strongly anticipate that from 2015 onwards, a
As the world It
Since sometime in 2006 we have had this theory of “The Coming Wave of Resource Nationalizations”. The latter has an “s” to impress upon you that we are talking about all natural resources in all countries. Not literally, but we believe it will be a worldwide sweeping event encompassing all classes of natural resources. It […]
(Bloomberg) — China National Petroleum Corp., parent of the world The accord underscores China
Climate policy All fossil fuels emit carbon dioxide when burned, but the real heart of the warming problem is coal. Emissions from coal are growing faster than from any other fossil fuel. Beyond greenhouse-gas pollution, coal is linked to a host of other environmental troubles such as local air pollution, which is why a powerful […]
Norwegian oil and gas output this winter may be reduced by the need to remove personnel from offshore platforms during severe weather because of problems with lifeboats, StatoilHydro ASA (STO) said Wednesday. “Throughout the winter, StatoilHydro will have to continue transferring personnel on some platforms in adverse weather conditions,” because of concerns that freefall lifeboats […]
The World Bank has agreed to suspend International Finance Corporation (IFC) funding of the oil palm sector pending the development of safeguards to ensure that lending doesn’t cause social or environmental harm, according to a letter by World Bank President Robert Zoellick to NGOs. A recent internal audit found that IFC funding of the Wilmar […]
A group of global-warming deniers funded and run by a big oil interests is taking credit for the resignation of President Obama’s green jobs advisor Van Jones. In a column on the Fox News website, Phil Kerpen of Americans for Prosperity, a group that claims that climate change is a hoax, called the downfall of […]
Contraception is almost five times cheaper as a means of preventing climate change than conventional green technologies, according to research by the London School of Economics. Every The report, Fewer Emitters, Lower Emissions, Less Cost, concludes that family planning should be seen as one of the primary methods of emissions reduction. The UN estimates that […]
(Bloomberg) — George Washington University is increasing holdings of commodities such as oil and natural gas out of concern that a return to inflation rates last seen in the 1970s may ravage the value of its $1 billion endowment. U.S. consumer prices may rise 8 percent annually within three to five years because of unprecedented […]
NOIDA, India — At a wedding ceremony in New Delhi, the power blinked off just as the groom was placing the ring on his bride’s finger. A factory in Nigeria was forced to relocate because the cost and scarcity of electricity made it impossible to turn a profit. Street protests over the chronic lack of […]
Brazil has no interest in joining the Organisation of Petroleum Exporting Countries (OPEC) because it does not aspire to become a crude oil exporter, President Luiz Inacio Lula da Silva said. Brazil, which has huge offshore oil reserves, was invited to join OPEC by Iran in August 2008 and had previously said it was considering […]
It will never rival the beauty or fame of the Taj Mahal, but the CII-Sohrabji Godrej Green Business Centre in Hyderabad may be more important to India
-U.K. Energy Minister Lord Hunt Tuesday said Tuesday there’s a definite sense of optimism in the U.K. oil and gas sector, even as reports of expected job layoffs surface. “Any loss of jobs is to be regretted,” Hunt said, when asked about rumors that Royal Dutch Shell PLC is set to accelerate its restructuring plans […]
Finally, the U.S. Fish and Wildlife Service is reviewing the status of the Pacific walrus to determine whether or not the marine mammal will receive Endangered Species Act protections. The Center for Biological Diversity stated that the Pacific walrus (Odobenus rosmarus divergens) is facing a double threat to its ice habitat: Global warming and increased […]
Because of concerns about climate change, a lot of current environmentalist advocacy — including movies like “An Inconvenient Truth” — concentrates on the dire results of burning fossil fuels. Joe Berlinger’s “Crude,” a thorough and impassioned new documentary, focuses its gaze on production rather than consumption. The film, which follows the fitful progress of a […]
Tens of billions of pounds will have to be raised through flight taxes to compensate developing countries for the damage air travel does to the environment, according to the Government’s advisory body on climate change. Ticket prices should rise steadily over time to deter air travel and ensure that carbon dioxide emissions from aviation fall […]
Why did authorities recently give the final go-ahead to a Thailand-invested lignite mine and power station to be built only five-to-seven kilometers from the festival village of Hongsa? Sayaboury province, which cuddles like a spoon into Thailand, is Laos’ center for domesticated elephants. It thus maintains the major gene pool needed for the survival of […]
After eight long years, now more than ever, the United States invasion and (partial) occupation of Afghanistan is on a roll, courtesy of US President Barack Obama’s “new strategy”. This – which Pentagon supremo Robert Gates insists is “working” – includes US and the North Atlantic Treaty Organization (NATO) staging mini-Guernicas, al la the bombing […]
(Bloomberg) — Yemeni MiG-29 fighter jets roar through the skies daily above the country At the same time, al-Qaeda is using bases in Yemen to launch terror strikes at Saudi Arabia and last month tried to assassinate the country
(CNN) — When the chips are down, the world may one day owe a debt of gratitude to a group of potato farmers high up in the mountains of Peru. Thanks to a new $116 million global fund established this summer, the Quechua Indians are being paid to maintain their diverse collection of rare potatoes […]
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