For Cape Cod Wind Farm, New Hurdle Is Spiritual

BOSTON The tribes

Angry farmers rally outside Australian parliament

CANBERRA, Australia — Angry farmers wearing broad-brimmed hats and cracking kangaroo-hide whips rallied outside Parliament Monday as one of their colleagues continued a hunger strike to demand compensation for Australian climate change policy. The protest by 250 farmers and their supporters drew public attention to the plight of sheep farmer Peter Spencer, who they say […]

Britain has just eight days of gas supplies left, Tories claim

Figures obtained by the Tories suggested that if the icy weather conditions continue, storage supplies could begin to run out early next week. Greg Clark, the Shadow Energy Secretary, accused the Government of negligence over the issue, claiming they had ignored repeated warnings over potential shortages. For only the second time ever, the National Grid […]

China to

(Bloomberg) — China, the world Chinese manufacturing expanded by the most in five years in December, supporting estimates that growth has accelerated to more than 10 percent in the world

Cramped on Land, Big Oil Bets at Sea

Big Oil never wanted to be here, in 4,300 feet of water far out in the Gulf of Mexico, drilling through nearly five miles of rock. It is an expensive way to look for oil. Chevron Corp. is paying nearly $500,000 a day to the owner of the Clear Leader, one of the world’s newest […]

U.S. car ownership shifts into reverse

Americans’ infatuation with their cars has endured through booms and busts, but last year something rare happened in the United States: The number of automobiles actually fell. The size of the U.S. car fleet dropped by a hefty four million vehicles to 246 million, the only large decline since the U.S. Department of Transportation began […]

Russia resumes gas imports from Turkmenistan

On December 22 in Ashgabat, Russian President Dmitry Medvedev and his counterpart in Turkmenistan, Gurbanguly Berdymukhamedov, witnessed the signing of documents on bilateral gas trade and transportation. The documents mark the end of Russia’s punitive, nine-month halt of gas imports from Turkmenistan. The halt inflicted severe losses on Turkmenistan’s revenues. However, Russia’s monopsony is now […]

Tajiks feel pinch in funding dam

As the Tajik authorities prepare to issue shares in a giant hydroelectric scheme that could eliminate power shortages, concern is growing that people are being coerced into contributing funds for the dam. When it is finished, the dam will be the world’s highest, but right now the Rogun hydroelectric plant is in desperate need of […]

How Russia Is About to Dramatically Change the World

Over the next few days, Russia will change the world. It has completed a new oil pipeline and port complex that sets Russia up to become a more powerful oil exporter than Saudi Arabia. The ramifications for Europe and Asia are profound: The shape of the global economy—and the global balance of power—will be altered […]

Rare Earth Metals Will Spike Higher in 2010

Rare earth metals had a bumpy ride during 2009. After years in relative obscurity, the investment community suddenly discovered the potential returns from rare earths after the little-known metals were cast into the spotlight by reports that China might restrict exports and cause prices to move much higher. Several rare earth metal explorers watched their […]

The Clintonites were wrong

The grim truth is that the new economy promised by the New Democrats never materialized. Yes, we have the Internet and iPhones, but the gains in productivity that have resulted so far from I.T. have been pretty minor compared to the results of the introduction of the steam engine, electricity and the internal combustion engine. […]

Fears of oil depletion are 'exaggerated'

The oil market will remain under the influence of several external factors including investment, environment and a possible depletion of crude resources but such fears are exaggerated, according to a British Petroleum official. Peter Davies, Chief Economist at BP, admitted that the world’s oil potential is limited but dismissed what he described as theories about […]

Canada: Power pact lauded

A top economist says New Brunswick must act soon to swap its fossil fuel generated electricity for greener hydro-electric power. Jeff Rubin, chief economist and chief strategist at CIBC World Markets for two decades before stepping down last March, says the proposed deal to sell NB Power to Hydro-Qu “New Brunswick is singularly disadvantaged relative […]

Where the Action Is on Climate

Even as many members of Congress resist as too hard or too costly the steps necessary to address global warming, American cities and states According to a recent study by Environment America, an advocacy group, about half of the states have broad plans and specific regulations aimed at reducing carbon dioxide emissions. When fully realized, […]

Hamid Karzai demands US hand over gunmen who killed children

President Karzai The call heightens a war of words between the Afghan Government and its powerful military backers. It is the first time that Mr Karzai has tried to hold foreign forces directly accountable for killing civilians, although he has issued impassioned responses to civilian casualties that threaten to undermine Nato

The Decade Ahead

…Climate change will become more widely accepted as corporations realize that it can lead to consumption and profits when little else can. If we are unlucky, the green “movement” will become a boom. We will finally realize that peak oil has past, perhaps around 2006. Climate change will be very real. It will not be […]

Report Foresees No 'Armed Mad Dash for Resources' in the Arctic

ScienceDaily “Contrary to the general picture drawn by the media and some commentators over the last couple of years, the Arctic region does not suffer under a state of virtual anarchy. The era when states could claim rights to territory and resources by simply planting their flag is long gone,” says a law of the […]

$100 Billion Opportunity for Waste-To-Energy Companies in Developing World

Here’s an opportunity to wisely spend some of the $100 billion that Secretary of State Hillary Clinton promised at Copenhagen to cut the greenhouse gases of developing nations by aiding in the development of renewable energy infrastructure to by-pass fossil fuel dependence. Apparently one in four Chinese cities and seven out of 10 counties are […]

Total buying stake in U.S. natural gas assets

NEW YORK (AP) Total (TOT) said it will pay $800 million in cash for a 25% stake in Chesapeake’s Barnett Shale assets, which hold vast quantities of natural gas in northern Texas. The French company will pay an additional $1.45 billion to pay for 60% of Chesapeake’s share of drilling and completion expenses. AP

Fuel cells and carbon capture combine for clean coal breakthrough

Australian clean coal technology specialist Linc Energy and British fuel cell firm AFC Energy have signed a major new partnerhip, paving the way for a pioneering demonstration project that the two companies believe could revolutionise the coal industry. Under the deal, which was signed earlier this month, Linc has been granted exclusive rights to test […]

The view from the vangard of a natural gas revolution

What’s wrong with some of the technology currently being used to produce shale gas? T. Boone Pickens was saying that the U.S. is the Saudi Arabia, except with natural gas. I’m not sure that he’s right. The reserve recovery rates might be way, way lower than what the major companies had predicted they would be. […]

Food action plan gets money to study sustainability

North Thompson Sustainable Watershed Committee is getting a three-year contract with Interior Health to develop a food security action plan for the valley, according to committee member Ted Richardson. The action plan would be an extension of the work the committee is doing to develop an on-line atlas of the valley and should lead to […]

Scientists target East Coast rocks for CO2 storage

Scientists say buried volcanic rocks along the heavily populated coasts of New York, New Jersey and New England, as well as further south, might be ideal reservoirs to lock away carbon dioxide emitted by power plants and other industrial sources. A study this week in the Proceedings of the National Academy of Sciences outlines formations […]

Renewable energy faces difficulties

…”Here’s the world’s dirty little secret; oil is the perfect fuel in many ways,” said Dr. Robert Kaufmann, director of Boston University’s Center for Energy and Environmental Science. “Other than environmental externalities, it’s a great fuel. It won World War II.” Kaufmann makes clear he does not enjoy sounding like an oil advocate. But as […]

A Brave New, Profitable 2010

…Question #2: Will the severe supply restrictions in many of the world We still face the prospects of peak oil. Peak water. Peak gold. Peak seafood. Peak copper. Peak rare earth metals. And more. Not just because Mother Earth has limited supplies of these commodities. But also because the financial crisis has forced many natural […]

Oil starts year above $81 a barrel

NEW YORK “It looks like Antarctica out there,” analyst Stephen Schork said. “It’s snowing everywhere. This winter is like a gift from the bullish gods.” Benchmark crude for February delivery climbed $1.92 to $81.28 a barrel on the New York Mercantile Exchange. In London, Brent crude for February delivery rose $2.00 to $79.93 a barrel […]

Electric cars coming to Valley roads in 2010

Electric vehicles have been hyped before as the car of the future, but 2010 could be the year plug-in vehicles finally take off. Advances in battery technology, the introduction of three new electric models, a volatile oil market, eager consumers concerned about global warming and a huge federal investment in charging stations have converged, pointing […]

Environmental Refugees Unable to Return Home

DHAKA, BANGLADESH

2010: Grim Economic Predictions For What May Be the Tipping Point Year

The Federal Budget for 2010 anticipates a $1.5 trillion deficit. I believe the Obama administration will pull out all the stops to boost the economy before the 2010 elections. This means more spending. The 2010 deficit will be closer to $2 trillion. The bond market and foreign buyers will choke on this amount of debt. […]

Kunstler: The Futility Economy

It’s the first business day of the new year and oil is trading above $80 a barrel, which means the price has re-entered the danger zone where it can crush industrial economies. This is a central element of the predicament we find ourselves in. The US economy is essentially a Happy Motoring economy. During the […]

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