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News from December 2011

Iran says oil would go over $250 if exports banned

Iran says oil would go over $250 if exports banned thumbnail

Iran warned the West on Sunday any move to block its oil exports would more than double crude prices with devastating consequences on a fragile global economy. “As soon as such an issue is raised seriously the oil price would soar to above $250 a barrel,” Foreign Ministry spokesman Ramin Mehmanparast said in a newspaper […]


Saudi Arabia Oil Loadings Decline 8.1%, Ship-Tracking Data Show

Saudi Arabia Oil Loadings Decline 8.1%, Ship-Tracking Data Show thumbnail

Oil tankers able to haul a combined 8.78 million barrels a day went to Saudi Arabia’s Ras Tanura, the world’s largest crude-export terminal, ship-tracking data compiled by Bloomberg show. Vessels with a total capacity of 8.38 million deadweight tons were at Ras Tanura from Nov. 20 to Nov. 26, 8.1 percent less than the previous […]


Peak Oil Reality Discovery & Production Won’t Meet Future Demand, featuring Sadad al Husseini

Peak Oil Reality Discovery & Production Won’t Meet Future Demand, featuring Sadad al Husseini thumbnail

2009 FEATURING SADAD AL HUSSEINI FORMER VICE PRESIDENT OF SAUDI ARAMCO!!!


South Korea’s drive for renewable energy

South Korea’s drive for renewable energy thumbnail

The inside of a wind turbine is an odd kind of place: somewhere between upside-down coal-mine and lighthouse. The noise of clanging steel echoes up the 60m (197ft) ladder, as heavy switches are tripped, dials monitored and the huge blades outside start their slow circling whoosh. Wind power is becoming increasingly important to South Korea […]


Carbon debt for some biofuels lasts centuries

Carbon debt for some biofuels lasts centuries thumbnail

biofuels release greenhouse gas emissions through land conversion like deforestation. But an innovative new study by the Center for International Forestry Research (CIFOR) published in Ecology and Society has computed how long it would take popular biofuel crops to payoff the “carbon debt” of land conversion. While there is no easy answer—it depends on the […]


Economics trumps environment in crisis

Economics trumps environment in crisis thumbnail

“Economics trumps the environment. The emission targets set by the Kyoto Protocol will expire next year, and negotiators are fighting to keep UN climate talks on track while efforts to save the Euro push the struggle to save the planet down the priority list. In the United States, seen as the biggest single obstacle to […]


Powering the Future: A Nobel-Prize Winner Takes a Look Deep into the Future

Powering the Future: A Nobel-Prize Winner Takes a Look Deep into the Future thumbnail

Have we hit peak oil? How long can we rely on cheap coal for power generation? Is hydro-fracking worth the environmental impact? To each of these pressing and controversial questions, Nobel-prize winner and Stanford physics professor Robert Laughlin would respond that, in the long run, what’s the difference? Powering the Future: How we will (eventually) […]


Green technology: Clean energy feels the pinch

Green technology: Clean energy feels the pinch thumbnail

In many parts of the world, the clean energy sector is facing both economic and policy uncertainty. However, the picture is not a uniform one. While cash-strapped US and European administrations place their clean-tech investments under scrutiny, China is pushing ahead, with strong government support for a range of renewable and clean energy technologies. In […]


Rare Earth Prices Pushing Adoption of Alternatives

Rare Earth Prices Pushing Adoption of Alternatives thumbnail

The sharp fall in rare earth prices is partly because large manufacturing companies in Europe, Japan and the United States, that use rare earth metals are turning to alternate materials and lowering the demand for rare earths. The trend has been most largely seen in the automobile industry. For example, Continental AG, a German Parts […]


Nuclear phase-out: Germany faces ‘Herculean’ task with move to renewables

Nuclear phase-out: Germany faces ‘Herculean’ task with move to renewables thumbnail

This spring, as the German government was preparing its landmark decision to phase out nuclear power by 2022 and replace it with renewable energy, the head of the country’s second-largest utility gave a speech in which he noted he knew of no industrialised country that was “even rudimentarily able to rely on renewable energy”. Jürgen […]


TEPCO Again Underplays Severity of Situation at Fukushima

TEPCO Again Underplays Severity of Situation at Fukushima thumbnail

The Tokyo Electric Power Co. (TEPCO) is once again trying to mislead the public on the severity of the situation at the crippled Fukushima nuclear plant in Japan. On November 30, TEPCO reported “fuel at the No. 1 reactor may have eroded part of the primary containment vessel’s thick concrete floor” and has “seeped deeper […]


Peak Oil and the Effects on Public Health

Peak Oil and the Effects on Public Health thumbnail

This is an educational video discussing the issue of peak oil and the effects on public health.


EU Wimps Out on Oil Sanctions to Halt Iran’s Nuclear Drive

EU Wimps Out on Oil Sanctions to Halt Iran’s Nuclear Drive thumbnail

Who would have thought a week in which protesters rampaged through the U.K. Embassy in Tehran would end with Europe going soft on the Iranian regime? Yet that’s exactly what happened. At a meeting Dec. 1 in Brussels, European Union foreign ministers signed off on measures against some 180 individuals and companies in reaction to […]


US, China Renewable Energy Trade Row Heats Up

US, China Renewable Energy Trade Row Heats Up thumbnail

In the latest salvo in the ongoing US-China spat over renewable energy trade policies, Beijing announced on Friday 25 November that it would be launching an investigation into Washington’s support of its renewable energy sector. Meanwhile, leaders from China’s biggest solar companies have publicly rejected a US trade complaint accusing China of dumping solar panels […]


South Sudan threatens to suspend oil production if north imposes charges unilaterally

South Sudan threatens to suspend oil production if north imposes charges unilaterally thumbnail

The South Sudan government on Wednesday reacted negatively to reports that Sudan plans to take 23% of the new country’s oil exports, saying it will consider suspending oil production if north Sudan continues to impose high transportation and refinery costs. Sabir Mohamed Hassan, Sudan’s co-chair of negotiations on economic issues, speaks at a news conference […]


Iran Oil Embargo Could Hurt Europe and Help China, Russia

Iran Oil Embargo Could Hurt Europe and Help China, Russia thumbnail

On Thursday, Europe’s foreign ministers are planning to meet in Brussels, where they will discuss whether to implement an Iranian oil import embargo as a way to pressure Iran to halt its nuclear program. France, in particular, has been advocating such a measure after an international report earlier this month revealed that Iran is moving […]


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