Marcin Gerwin: For most heads of states, the prime minister of Poland included, the central point of economic policy is maintaining or increasing economic growth. The aim is to encourage people to consume every year more goods and services so that the Gross Domestic Product continues to grow. Do you think it’s a realistic approach? […]
* Southeast Asian power generation capacity to rise 50 pct this decade * More than half of new Southeast Asian capacity to be coal-fired * LNG-fired power twice as expensive as coal-fired power in Asia Southeast Asia’s power sector will tilt away from gas to use more coal by the end of this decade, chipping […]
Iraq is willing to boost its gas imports from Iran to 90 million cubic meters (mcm) per day, a senior Iranian gas official said. This comes as on July 21, Iranian and Iraqi oil ministers signed the first deal to transfer Iran’s natural gas to power plants in Baghdad and Diyala provinces. Iran expects to […]
When I was seven, I was given an Apple Macintosh in the hope that Mavis Beacon would teach me how to touch type. It was an unreasonable expectation, for I was actually more interested in escaping to the fantasy lands of computer games such as Dungeons and Dragons, and Lode Runner. Yet, these games had […]
The world is becoming more energy efficient, but growing economies and an increasing world population will drive more energy demand for decades, an industry expert said Saturday. This growth largely will come from emerging economies, where the average gross domestic product is expected to grow 2.8 percent annually for years, said David Khemakhem, an energy and […]
The Arab world is facing an escalating water crisis that demands quick answers in order to avoid major humanitarian consequences, a United Nations Development Program (UNDP) report warned this week. The report, entitled Water Governance in the Arab Region: Managing Scarcity and Securing the Future, revealed that out of a total of 22 countries, 15 […]
In October, Transition Movement founder Rob Hopkins made his first (and probably only) tour of the United States. Fortunately for us, the announcement that concentrations of carbon dioxide in our atmosphere had surpassed 400ppm for the first time in 4.5 million years made Rob rethink the no-fly pledge he had made seven years earlier after […]
The term “Peak oil” warns of the end of cheap and plentiful energy. An expanding world population of 6.5 billion suggests a limit for growth will eventually be reached (if it hasn’t been already) and no combination of current alternative energy sources will sustain the world’s accelerating thirst for power. As oil production inevitably declines […]
This is what I’ve been talking about here, over and over again. We are not paying attention to this, and yet it’s the most important concern we are facing in Hawaii today. The Big Island’s anti-GMO bill, Bill 113, is just moving chairs around on the deck of the Titanic. The issue is so much […]
This article is inspired by the Alexandrine pattern 134, Zen View. The pattern states: “The archetypal zen view occurs in a famous Japanese house, which gives this pattern its name.” Let’s start with listening to the wisdom of A Pattern Language (Please note that the illustrations of the original text are missing): A Buddhist monk […]
Predictive relationships appear to occur between large, rapid swings in oil price and recessions, stock market crashes and shifts in political polls, as I have previously discussed in articles published in 2010 and 2011. Given the economic disruptions that nearly always happen in the aftermath of oil shocks, it seems important to understand what is […]
Volumes of natural gas sit beneath U.S. soil, with several Asian countries ready to buy this energy resource. However, the clashing goals of commerce, energy and environmental interests must first be ironed out, experts said at a recent roundtable discussion in Washington. To help collaborate these various interests and also elevate Asian Americans to take […]
There is no question that we are at a turning point in world energy. But then we are often at a turning point. Just as everybody gets comfortable with what they expect to happen, a big change comes along that undercuts existing assumptions. Just consider: • Less than three years ago, a ‘‘nuclear renaissance’’ seemed […]
Source: InternationalBusinessGuide.org www.juancole.com
Natural gas is poised to play a far greater role in the world’s energy mix, threatening to supplant oil and coal in many areas of industrial activity as well as in transportation and in the home, according to a report recently published by General Electric Co. In fact, the report anticipates global gas consumption will […]
Welcome to Transition Network’s Austerity Basics series. Ever wondered what austerity actually means? Where the idea comes from? Whether it actually works? Over 9 days in late November 2013, we posted a series of answers to the most commonly-wondered-about aspects of austerity, with the help of James Meadway, Senior Economist at new economics foundation. Now […]
Whether the light at the end of the economic tunnel represents sunshine or an on-coming train depends on whom you ask. I am of the opinion that it is a train a comin’. Economic matters cannot get better until we hit bottom and rebuild from the ashes. That need not be except government policies drive […]
A compressed natural gas station in Eugene is unique in Oregon John Anderson has seen the future, and its initials are CNG. “Compressed natural gas is the transportation energy of the future, for both large and small vehicles,” said Anderson, who is president of the family-owned Eugene Truck Haven, which operates the Truck N’ Travel […]
You can’t overstate the baleful effects for Americans of living in the tortured landscapes and townscapes we created for ourselves in the past century. This fiasco of cartoon suburbia, overgrown metroplexes, trashed small cities and abandoned small towns, and the gruesome connective tissue of roadways, commercial smarm, and free parking is the toxic medium of […]
After being essentially nationalized as a result of the Fukushima explosion, and following years of denial finally admitting that TEPCO has lost control of the clean up effort of the Fukushima nuclear power plant corpse, one would think Tokyo Electric Power Company may have second thoughts about installing additional capacity around ground zero. One would […]
Various geopolitical uncertainties have pushed oil prices higher recently (mainly political unrest in the MENA region) and may continue to do so for some time to come. In the next 18 months, however, the overall trend in prices is declining. Non-OPEC supplies continue to grow strongly, while economic growth in the US and Europe seems […]
For those always scouring the streets for the lowest possible price on gasoline, this holiday presents special reason to be thankful, federal energy analysts say. The U.S. Energy Information Administration is reporting that average gas prices for the Thanksgiving holiday are at their lowest level in three years. “Despite this week’s increase in regular-grade gasoline […]
I confess to wanting to get your attention because I have something to say about sustainability. Mostly I want to talk about the word “sustainable” which falls under the same banner as “green” and “eco” and “natural” these days, even though I may agree with many of the specific practices people are labeling as “sustainable.” […]
Resource pressure is a constant. While the US continues to engage in a delusional energy “debate” about whether we will continue to burn coal and whether natural gas is a panacea, China is struggling to acquire and deploy of energy resources to support its economic growth targets. China has an environment versus growth problem. […]
The year 2013 has been a great year for global agriculture. Record world production of rice and healthy production of wheat and corn produced strong harvests across the world. These gains were achieved despite continuing predictions that world agricultural output is headed for a decline. The US Department of Agriculture (USDA) reports that world rice […]
One of the key deficiencies of ‘unconventional’ fuels is their low energy return on investment relative to conventional fuels. Many analysts have ignored this factor because investment decisions are made on the basis of the financial, not energy, return on investment. But a growing literature suggests that the two are intimately related…. ROI cannot escape […]
Antifragile” is a word you can’t find in the dictionary. Nassim Nicholas Taleb, author and student of probability and risk, coined the word because, after looking at languages across the world, he could not find a word which describes the ability to improve with stress rather than merely resist it as the word “resilient” implies. […]
Features Richard Heinberg, Matthew Simmons, Roscoe Bartlett & David Goodstein Oil is the primary fuel of the global economy. 98% of cars and trucks,…
China is likely to see natural gas shortages every winter until the end of the decade as domestic production fails to keep up with demand, a factor likely to drive global liquefied natural gas prices higher, energy consultancy Wood Mackenzie said in a report released on Friday. Increased gas demand from China for heating has […]
A fashionable, if annoying, business term is “peak.” Name the commodity or resource, slap “peak” in front of it, and all of a sudden you have a crisis that can generate a few thousand disaster headlines. In recent years, we have been treated to peak oil, coal, gold, water, wheat – even peak soil. The […]
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