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News from February 2010

Phishing Scam Cripples European Emissions Trading

Phishing Scam Cripples European Emissions Trading thumbnail

Sneaky cyber-thieves have made millions by fraudulently obtaining European greenhouse gas emissions allowances and reselling them. The scam has hampered trading of the credits, which are seen as an important tool in curbing climate change, in several European countries. Most Internet users are familiar with the e-mail scam known in the jargon as “phishing.” A […]


Offshore Wind taking off – some background on installation issues

Offshore Wind taking off – some background on installation issues thumbnail

Recent statistics have been published showing that Europe has now installed over 2,000MW of offshore wind capacity, with more than a quarter installed in the past year, and lots more to come in the next few years. I discussed these numbers in more detail here, but wanted to give you here some insights on what […]


Jeff Rubin: Why can't we build coal plants, too?

Jeff Rubin: Why can't we build coal plants, too? thumbnail

Don Nor could it, really, when over half the participants, including the most egregious carbon emitter of them all


Industries sue to void California's low-carbon fuel regulations

Industries sue to void California's low-carbon fuel regulations thumbnail

The suit by the oil and trucking industries alleges that the rules discriminate against corn ethanol and Canadian crude oil. A state official calls the suit ’shameful.’ Trade associations for the oil, chemical and trucking industries filed suit in federal court in Fresno on Tuesday to void California’s http:// first-in-the-nation low-carbon fuel initiative. The regulations, […]


In a Renewable Energy World, Is There an Alternative to Growth?

In a Renewable Energy World, Is There an Alternative to Growth? thumbnail

One of many conservative talking points against climate change of late has been that that environmental campaigners are tree-hugging, humanity-hating Luddites. So they really couldn’t have asked for a better present than the latest liberal think-tank report on climate change: “Growth isn’t possible,” cries the New Economics Foundation, in a 145-page jeremiad that compares humanity […]


"Green" Roofs Could Cool Urban Heat Islands

"Green" Roofs Could Cool Urban Heat Islands thumbnail

Green roofs can cool near-surface air temperatures by an average of 16.4 degrees Celsius per unit area—slightly behind street trees in terms of heat island mitigating potential, according to a 2006 report from the New York City Regional Heat Island Initiative. And the obvious advantage to green rooftops is that they don’t take up valuable […]


China's CNNC plans to acquire Mongolian uranium resources for $53 million

China's CNNC plans to acquire Mongolian uranium resources for $53 million thumbnail

Continuing its acquisition spree for the world’s natural resources to fuel the development of the its fast-growing economy, another state-owned Chinese company, CNNC Overseas Uranium Holding Ltd (CNNC Overseas), an indirect wholly-owned subsidiary of China National Nuclear Corporation (CNNC) is set to acquire Canada’s Khan Resources Inc (Khan), a Mongolia-focused uranium mine developer, for approximately […]


UK 'could face power shortages'

UK 'could face power shortages' thumbnail

The UK could face power shortages in the years ahead, according to the energy regulator, Ofgem. The regulator also warns that a significant number of consumers may not be able to afford the higher energy prices they will have to face. Ofgem says there is “reasonable doubt” about whether the UK’s energy market will be […]


Bangladesh To Get $100 Mln Loan For Clean Energy

Bangladesh To Get $100 Mln Loan For Clean Energy thumbnail

Bangladesh will receive $100 million loan from the World Bank to expand its clean energy activities, a senior government official said on Tuesday. More than three quarters of the loan will be spent on the government’s solar energy programme and the rest will be used to buy compact fluorescent lamp bulbs known as CFL bulbs.The […]


EU Agrees To Split Billions For Green Power, Coal

EU Agrees To Split Billions For Green Power, Coal thumbnail

European nations agreed on Tuesday how they would carve up billions of euros of European U-nion funding to help develop advanced renewable power or carbon-trapping technology. The issue has divided the EU’s 27 members for more than a year, and Tuesday’s vote was seen as the last chance to secure a deal that will help […]


UK To Struggle To Meet Green Energy Targets

UK To Struggle To Meet Green Energy Targets thumbnail

Britain could struggle to hit its target of getting 15 percent of its energy from renewable resources within the next decade, according to a UK government report submitted to the European Union. Interim targets for the next six years will cause even greater problems, causing Britain to fall behind its EU neighbors.The European Union’s executive […]


UK Tidal Power Projects To Share $35 Mln Grant

UK Tidal Power Projects To Share $35 Mln Grant thumbnail

Six promising marine energy technologies will share 22 million pounds ($35.04 million) of UK government funding to speed up deployment of full scale prototypes, the Carbon Trust said on Tuesday. The independent company set up by the government to accelerate the move to a low carbon economy hopes the funding will help make marine energy […]


Lies have become an integral part of Ghana's fledgling oil industry

Lies have become an integral part of Ghana's fledgling oil industry thumbnail

As we get ever closer to drilling the first barrel for sale, the expectations of all Ghanaians are being pumped up to unsustainable levels, and the rumour mill has taken a life of its own – spinning out more ridiculous lies each passing day. The fact that a single barrel has not been drilled, yet […]


Kenya: Jatropha Farmers Walk on Slippery Ground

Kenya: Jatropha Farmers Walk on Slippery Ground thumbnail

As the international oil price rallied towards $150 a barrel in 2008, the developed world turned its attention to idle land in Africa, with numerous European NGOs introducing oil plants like jatropha to farmers saying it could be the continent’s next big thing – a likely principal export and an alternative fuel that could improve […]


Russia's 'fracked' future

Russia's 'fracked' future thumbnail

MOSCOW (UPI) — For most of the past decade, Russian leaders and their top officials and businessmen have believed that their huge reserves of oil and gas would guarantee them prosperity and global influence for decades to come. But suddenly some cracks are emerging in that confidence. As often happens, technology is changing the conventional […]


Obama 2011 budget request: Energy Department

Obama 2011 budget request: Energy Department thumbnail

The Energy Department would get the ability to guarantee an additional $36 billion in loans for the construction of new nuclear plants under President Obama’s budget request, twice as much as the previous loan guarantee program. The loan guarantees would sharply reduce the financing cost of capital-intensive nuclear plants, and proponents hope it would help […]


Are We Yeast in a Wine Vat? Reflections on Sustainability

Are We Yeast in a Wine Vat? Reflections on Sustainability thumbnail

From Bill O Deflating our national myth, professor of ecology C.S. Holling tells us,


Senators Warned of Terrorist Attack on U.S. by July

Senators Warned of Terrorist Attack on U.S. by July thumbnail

WASHINGTON …Mr. Blair began his annual threat testimony before Congress by saying that the threat of a crippling attack on telecommunications and other computer networks was growing as an increasingly sophisticated group of enemies had


Demand for oil will peak by 2030

Demand for oil will peak by 2030 thumbnail

GLOBAL demand for oil will peak within the next two decades, the chief executive of Europe’s largest oil company has said. Tony Hayward of BP said the plateau would be reached between 2020 and 2030 as falling demand from developed countries balanced growing demand from developing nations. BP said it was the first time Mr […]


The Iraqi Oil Conundrum: Energy and Power in the Middle East

The Iraqi Oil Conundrum: Energy and Power in the Middle East thumbnail

How the mighty have fallen. Just a few years ago, an overconfident Bush administration expected to oust Iraqi dictator Saddam Hussein, pacify the country, install a compliant client government, privatize the economy, and establish Iraq as the political and military headquarters for a dominating U.S. presence in the Middle East. These successes were, in turn, […]


Open Letter to President Obama

Open Letter to President Obama thumbnail

Dear President Obama, Your State of the Union speech last week laudably referenced clean tech and renewable energy several times. We ask that you follow your words with action, by leading the transition to a post-carbon economy and a healthier world. You also spoke of our need to face hard truths. Hard truth: Our continued, […]


Iran says ready to send enriched uranium abroad

Iran says ready to send enriched uranium abroad thumbnail

President Mahmoud Ahmadinejad said on Tuesday Iran was ready to send its enriched uranium abroad in exchange for nuclear fuel under a plan the West hopes will stop the material being used for atomic bombs. The U.N. nuclear agency has brokered a proposed deal under which Iran, which denies seeking nuclear weapons, would send its […]


Go green, earn green: U.K. pays people for wind, solar power

Go green, earn green: U.K. pays people for wind, solar power thumbnail

The United Kingdom is setting out to lead the world in home energy-efficiency, and on Monday, it unveiled a key incentive: paying homeowners who produce low-carbon power such as solar or wind. Beginning in April, consumers will be paid for the electricity they generate, even if they use it themselves. The amount will depend on […]


Shell stakes green future on sugar biofuel in $2bn Brazil venture

Shell stakes green future on sugar biofuel in $2bn Brazil venture thumbnail

The oil major has signed an agreement to form a new company with Cosan, a Brazilian industrial group. Cosan will provide $5bn of its assets, including all its production facilities and an ethanol-trading unit, while Shell will contribute $2bn in cash, 2,740 service stations, and stakes in two green technology businesses. The 50-50 joint venture […]


Total to Halt Refining Operations at Flanders Plant

Total to Halt Refining Operations at Flanders Plant thumbnail

(Bloomberg) — Total SA, Europe Total, which last year said it may sell refining assets in Europe, will announce a final decision on the Flanders site near Dunkirk before the end of June, the company said in an earlier statement. It stopped short of confirming a permanent shutdown after the government, which faces regional elections […]


Japan leads the race for a hydrogen fuel-cell car

Japan leads the race for a hydrogen fuel-cell car thumbnail

Japanese carmakers, such as Toyota, are developing an affordable hydrogen car using fuel cells. Meanwhile, the government and energy companies are funding hydrogen refueling stations needed for the cars’ widespread use. It may still sound like science fiction to some. But Japan is taking a lead in making zero-emissions hydrogen-fueled cars a reality. It’s part […]


Peak oil looms

Peak oil looms thumbnail

As 2009 ended, a report issued by the International Energy Agency (IEA) received scant media attention, but it has huge implications for future U.S. economic growth and national security. Faith Birol, chief economist for the IEA, announced that unless there are major new oil discoveries, something his agency does not expect, the output of conventional […]


Of Dr. Seuss and Coal Gasification

Of Dr. Seuss and Coal Gasification thumbnail

The company that protects the copyrights on the works of Theodore Geisel, better known as the children


In winter's chill, cold batteries mean trouble for plug-in cars

In winter's chill, cold batteries mean trouble for plug-in cars thumbnail

Nobody worried about cold-weather performance of electric vehicle battery packs when it was warm outside, but now that Old Man Winter has descended, the problem is beginning to surface. When cars have a range of no more than 100 miles, the loss of 20 to 30 percent of that is a very big issue indeed. […]


20 reasons Global Debt Time Bomb explodes soon

20 reasons Global Debt Time Bomb explodes soon thumbnail

Which trigger will ignite the Great Depression II, wipe out your retirement? ARROYO GRANDE, Calif. (MarketWatch) — Retire? You can fuggetaboutit if the new Global Debt Time Bomb is detonated by any one of 20 made-in-America trigger mechanisms. Yes, 20. And yes, any one can destroy your retirement because all 20 are inexorably linked, a […]


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