Finally, some efforts to rein in speculators

The genie is out of the bottle but apparently powerless to answer any wishes. The US Commodity Futures Trading Commission (CFTC) has finally issued its proposals for new rules that “would limit big traders’ speculative positions in energy futures”, a desire of many governments and market participants since speculation was blamed for the surges in […]

'Oil panic and the global crisis: Predictions and myths'

The future of Oil and our dependence upon it is one of the most important issues of the 21st century. As oil prices have surged, two rival camps have emerged to forecast the pending Oil crisis. One claims that depletion of oil and natural gas is imminent and will be followed by global chaos, while […]

Reinette Senum: An extraordinary Jane

In 2004, after I educated myself on the theory of peak oil, I had my first internal paradigm shift. This altered the perception I held of our world and my place in it. After absorbing the reality of peak oil, my initial instinct to take on a global issue, such as our world’s oil addiction, […]

Jeff Rubin At

Jeff Rubin, the former Chief Economist of CIBC World Markets, speaks at The Business of Climate Change conference. Mr. Rubin predicts $225 per barrel oil by 2012 and with it the end of globalization, a movement towards local sourcing and a need for massive scaling up of energy efficiency. (video) Environmental Leader

White House signals support for low carbon transit plans

The Obama Administration has announced plans to revamp its funding guidelines for local transportation projects in an attempt to help speed the flow of cash to infrastructure projects that aim to curb carbon emissions and congestion. Announcing the proposed changes last week, US Transportation Secretary Ray LaHood said that the parameters for transit project funding […]

2009 temperatures by Jim Hansen

The past year, 2009, tied as the second warmest year in the 130 years of global instrumental temperature records, in the surface temperature analysis of the NASA Goddard Institute for Space Studies (GISS). The Southern Hemisphere set a record as the warmest year for that half of the world. Global mean temperature, as shown in […]

Shell signs Iraq oil field deal

Oil giant Shell and Malaysia’s state-run Petronas oil company finalised a contract on Sunday to develop Iraq’s giant Majnoon oil field. In December Shell and Petronas beat a rival bid from France’s Total and China’s CNPC to develop the 12.6bn barrel field in southern Iraq. The field currently produces just 46,000 barrels per day. Shell […]

Pakistanis furious as power shortages grip nation

RAWALPINDI, Pakistan “Long power cuts and a lack of natural gas have made life miserable for us during the extremely cold season,” Khan tells AFP as he sets the flame of his ageing kerosene lamp to try and light up the pitch-black night. “We had power cuts of between 15 to 16 hours since electricity […]

Peabody Energy Threatens

The closing months of 2009 saw the beginning of an unfortunate legal dispute in which a trademark owner, the U.S. Chamber of Commerce, ran to court to punish political activists for using its marks in a political parody. Sadly, less than a week into 2010, another trademark owner, Peabody Energy, is also using legal threats […]

Pastors in Northwest Find Focus in

MILLWOOD, Wash.

Japan threatens action on China gas project: report

TOKYO (Reuters) – Japan warned China on Sunday that it would take action if Beijing starts gas production in a disputed field in the East China Sea, Japan’s Kyodo news agency reported. Although the two countries reached a broad agreement in 2008 on principles intended to solve the dispute by jointly developing gas fields, progress […]

Food Shortages Coming? Famed Investor Jim Rogers Thinks So

A severe food shortage is on its way, according to well-regarded investor Jim Rogers. Food inventories are the lowest in decades and “[m]any farmers cannot get loans to buy fertilizer now, even though we have big shortages developing,” Rogers said on CNBC. For investors, that could mean a buying opportunity in commodities, in particular coffee […]

'No Basis' for Excluding Climate Impacts From NEPA Reviews, CEQ Says

The White House Council on Environmental Quality has found “no basis” for excluding greenhouse gas emissions from National Environmental Policy Act reviews. Responding to inquiries from Republican lawmakers, CEQ Chairwoman Nancy Sutley said NEPA “cannot be used to regulate greenhouse gas emissions” and that the Obama administration remains committed to energy and climate legislation to […]

U.S. government says loans for nuclear plants complicated

WASHINGTON (Reuters) – U.S. Energy Secretary Steven Chu said on Friday that the process for approving federal loan guarantees for new nuclear power plants has become “complicated,” but the department still expects to issue its first loan deals very soon. “It was more complicated than I thought…these are multibillion dollar loans,” Chu told reporters at […]

Russia Opens Pipeline and Sets New Course

LONDON Mr. Putin inaugurated the first stage of the $12 billion East Siberia-Pacific Ocean pipeline, or ESPO, last month. The crude it carries, also referred to as ESPO, is already proving a hit with Asian customers. ESPO “will likely displace some similar quality Middle East crudes,” the International Energy Agency said in its monthly oil […]

Where Robot Cars (Robocars) Will Really Take Us

People have dreamed of cars that drive themselves for decades. Now, thanks to a contest sponsored by the U.S. military, they are much closer to becoming reality than many people realize. It now feels possible to make the bold prediction that if we, as a society truly will it, we can make them ubiquitous by […]

Higher Temperatures Can Worsen Climate Change

Higher temperatures on the earth’s surface at higher latitudes cause an increase in the emission of methane, a greenhouse gas that plays an important role in global warming. Therefore, higher temperatures are not just a consequence of climate change but can also worsen cause of it, conclude climate researchers in an article published in Science. […]

Solar Power Is Now an Option for Even the Most Cash-Strapped Suburbanites

Residential solar leases offer a no-money-down, low-monthly plan that makes solar electricity cheaper than the stuff we get by wire — and you don’t have to buy the panels. Say hello to the thing that could save our sun-splashed suburban lifestyle: affordable residential solar power that puts roof-top solar panels within reach of the most […]

PDVSA

(Bloomberg) — Petroleos de Venezuela SA

Chevron Kicks Out Activists From Its Marathon Expo

A group of marathon runners were kicked out and banned from the Chevron Marathon Expo for displaying material that was critical of the oil company, but one of the runners tells Hair Balls that the group is continuing as planned. “We are still going to, at least try to, run the race on Sunday. We […]

Miguel Barbosa Interviews Albert Bartlett:

Is the culprit of global warming population growth? Are you suggesting that unless we have major breakthroughs in technology population growth will undermine most current energy initiatives? Al Gore understands that population growth is the problem. But he doesn …You talk about how zero or negative population growth rates translate into higher standards of living. […]

Seeing The Effects Of Climate Change (PHOTOS)

Sometimes as we go about our daily lives, climate change can seem abstract, and not something we think we are experiencing on a daily basis. However, our planet is rapidly being altered and the physical signs of this shift can’t be ignored. These photos reveal how the world has already been impacted and what kind […]

Australian water crisis offers clues for California

When California water officials look into the future, many of them see Australia: a vast, arid continent that has been suffering through drought for more than a decade. Severe shortages have prompted Australia to implement strict water-saving measures throughout the country. It has required residents to use less water in their homes, caused government to […]

Review: 'Book of Eli' more parable than actioner

There’s a theory which states that in times of war and famine, it is the good people who die first. You’ve probably heard The Piano Man sing about it, but it basically follows that the sort of person able to survive times of great strife isn’t also generally the sort of person with strong moral […]

Natural gas under Gulf may be too much of a good thing

The prospect of yet another new frontier for U.S. natural gas development, this time in super-deep wells beneath the Gulf of Mexico’s shallow waters, is not all good news for Houston’s energy sector. A big uptick in output from the emerging region Such a scenario is unlikely to play out in the next year or […]

Geothermal Drilling Safeguards Imposed

The United States Energy Department, concerned about earthquake risk, will impose new safeguards on geothermal energy projects that drill deep into the Earth The project, by Seattle-based AltaRock Energy, would have fractured bedrock and extracted heat by digging more than two miles beneath the surface at a spot called the Geysers, about 100 miles north […]

A road map for greener transport

An Oxford University study says the best way to reduce emissions in the short term is a The report

Clean Coal Jobs? Author Mines History to Dispel Myths

Unions have been staunch backers of so-called Many major environmental groups and prominent environmentalists say there is no such thing as

Alberta to study pace of oil sands growth

New Energy Minister signals shift away from policies that favour development frenzy Alberta’s new Energy Minister says his government needs to examine ways to moderate the pace of oil sands development, signalling a shift away from policies that favour unconstrained oil patch growth. For years, the province has resisted calls to slow the frenzy of […]

Navy pact to aid in development of biofuels

The Department of the Navy is set to sign a deal with the Department of Agriculture that officials say will better enable both agencies to cooperate in developing alternative ways to power tomorrow Mabus, who will sign a

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