The UK will fail to meet its climate change targets if industry and politicians back controversial new plans to go ahead with widespread drilling for shale gas, according to a report published on Wednesday. About 2tr cubic feet of natural gas trapped in dense shale rocks is estimated to lie beneath Lancashire according to Cuadrilla […]
Oilsands production in Canada will likely triple by 2035, making it the overwhelming source of Canadian crude oil and opening doors to additional energy exports, says a new report from the National Energy Board. The NEB says massive growth in oilsands development, coupled with a moderate increase in Canadian energy demand, means the amount of […]
Google Inc has abandoned an ambitious project to make renewable energy cheaper than coal, the latest target of Chief Executive Larry Page’s moves to focus the Internet giant on fewer efforts. Google said on Tuesday that it was pulling the plug on seven projects, including Renewable Energy Cheaper than Coal as well as a Wikipedia-like […]
In a recent interview on Al Jazeera television Iran’s Oil Minister Rostam Qaesemi, commenting on Iran’s Oil exports, brazenly threatened, “In case we are urged to and feel it necessary, we will use it as a political tool.” This amidst his comments that currently Iran will seek a “fair price”, whatever that means, at the […]
Today’s Michael Ruppert Techno Remix
A new studyfrom the University of Minnesota projects that global food demand could double by 2050. That’s despite the fact the world’s population is forecast to grow by less than 30 percent. Jason Hill, a professor at the University of Minnesota’s Institute on the Environment, said as people in developing countries get wealthier and eat […]
Last week the International Energy Agency released its annual report (600 pages) on just where energy production and consumption in the world is going over the next 25 years. Four or five years back, producing the annual World Energy Outlook was a rather straightforward task. All the IEA had to do was to take the […]
Fukushima May Blow I’ve repeatedly noted that we may experience a “China syndrome” type of accident at Fukushima. For example, I pointed out in September: Mainichi Dailly News notes: As a radiation meteorology and nuclear safety expert at Kyoto University’s Research Reactor Institute, Hiroaki Koide [says]: The nuclear disaster is ongoing. *** At present, I […]
Secretary-General Ban Ki-moon today call for greater support of efforts to provide 600 million people in Africa with affordable and sustainable energy to enable the continent accelerate social and economic development. “Ensuring access to reliable, efficient and affordable energy is a key element in advancing industrial development, creating decent jobs and increasing productive capacity, especially […]
Chinese solar panel makers plan to shift some of their production to South Korea, Taiwan and the United States in hopes of defusing a trade case pending against them in Washington, according to industry executives. But at the same time, the Chinese industry is considering retaliating by filing a trade case of its own with […]
Three years ago, Kurdish militants in eastern Turkey claimed responsibility for a bomb attack on a pipeline that transports crude oil from offshore fields in the Caspian Sea to the markets of energy-hungry Europe. The pipeline, which opened in 2006, is an impressive piece of engineering. It extends almost 1,770km (1,100 miles) from Baku, Azerbaijan’s […]
Saudi Aramco chief Khalid Al-Falih Monday unveiled a fresh blueprint for meeting future energy challenges. Delivering a keynote address at the King Abdullah Petroleum Studies and Research Center’s Inaugural Energy Dialogue in Riyadh, he called for more sensible, market-driven energy policies and collaborative win-win research and development partnerships to achieve better economic and efficiency returns. […]
France called for new sanctions on an “unprecedented scale” against Iran on Monday in response to Tehran’s nuclear programme, proposing purchases of Iranian oil be halted and central bank assets frozen. “As Iran steps up its nuclear programme, refuses negotiation and condemns its people to isolation, France advocates new sanctions on an unprecedented scale to […]
One of the the best explanations of Peak Oil by the founder of The Association for the Study of Peak Oil and Gas.
There is a remarkable myth propagated by the green lobby, that renewable energy will create jobs. The myth has almost more believers than any other religion. Why is this a myth? It is because the number of jobs created by any new venture is not related to the spend on construction — that is short-term […]
You have to hand it to the Duke of Edinburgh. At 90, he is still as incisive as ever. Once again, the Royal family has articulated what ordinary people, without the ear of the media, have long felt. His son might have called the wind farms that are besmirching our mountains and waving their giant […]
The global oil market looks balanced, Saudi oil minister Ali al-Naimi indicated on Sunday, while the secretary general of the Organization of the Petroleum Exporting Countries said some producers need to cut back as Libyan output rebounds. Speaking at the same conference in the Saudi capital with less than a month to go before OPEC […]
A key outcome of President Barack Obama’s Asia tour is an apparent tactical withdrawal by China on drilling rights in the South China Sea. This does not mean that Vietnam, the Philippines and others in the sea can proceed with abandon, but — at least for now — Chinese naval ships may be less likely […]
News reports suggesting Kuwait’s oil capacity reaching a sustainable 3 million barrels per day (bpd) is timely for a country engulfed in political turmoil. The reference is to the storming of the national assembly by tens of angry Kuwaitis demanding the removal of the country’s premier. The allegation is the government payment of bribes for […]
Zeez European politicians unt economists all zound like rocket scientists wiss all zeir charming euro-chatter. But zey must be quite dumb to machen zuch an unglaublich scheiße sturm of zee système financier. Che cazzo è? Surely all the pretending nears its dire conclusion. Everybody is broke and everybody is in hock […]
It’s well known that Earth’s most severe mass extinction occurred about 250 million years ago. What’s not well known is the specific time when the extinctions occurred. A team of researchers from North America and China have published a paper in Science which explicitly provides the date and rate of extinction. “This is the first […]
Amid simmering tensions surrounding Iran’s nuclear programme, a key pro-Israel U.S. senator has tabled legislation that would effectively ban international financial companies that do business with the Central Bank of Iran (CBI) from participating in the U.S. economy. Dubbed the “nuclear option” by its critics, the measure, which was introduced Thursday in the form of […]
The simple answer is no – and the complicated answer is also no. Consumers in almost any motorized car loving country, now including China and India whose car industries have until recently shown straight-line upward growth (with China already vastly outdistancing the USA by car output) have a common complaint at the fuel filling station. […]
Economist Richard Douthwaite discusses the impact of peak oil on the world economy. Our current economic model requires sustained growth based on cheap fossil fuels; oil depletion, rising oil prices and climate change will cause a global economic crisis.
ndia is estimated to have over 2,000 natural lakes and more than 65,000 manmade lakes that hold the potential to be platforms to set up floating solar power producing plants. Indian entrepreneurs are slowly moving into this sphere, using expertise from abroad, with central and several state governments giving subsidies to set up plants to […]
Met with a major stumbling block, Ottawa’s ambition to be a global energy powerhouse is taking a virtual detour — away from the Americas and interestingly via the fast growing Asian markets. Faced with a potentially fatal delay on a multibillion-dollar oil pipeline carrying crude to the US, it was time for Canada to start […]
Chevron Corporation (NYSE: CVX) today confirms that cementing operations are taking place as part of its well plugging activities on an appraisal well located in the vicinity of the Frade field offshore Brazil. Chevron also confirms that there has never been any oil flow from the wellhead and current monitoring indicates oil from nearby seep […]
A frighteningly simple assessment of the worlds financial problems.
Dr Simon Roberts (ARUP, Associate Director of Foresight, Innovation and Incubator Group) Dr Roberts’ will speak about his use of the innovative 4see modelling framework, which combines socio, economic and energy aspects of a country in order to formulate physically consistent scenarios 20 years or more into the future. He will present his latest research […]
Russia is facing a heightened risk of being drawn into conflicts at its borders that have the potential of turning nuclear, the nation’s top military officer said Thursday. Gen. Nikolai Makarov, chief of the General Staff of the Russian armed forces, cautioned over NATO’s expansion eastward and warned that the risks for Russia to be […]
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