MIT: Natural Gas to Replace Coal

Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation. That’s the conclusion reached by a comprehensive study of the future of natural gas conducted by an MIT study group comprised of 30 MIT faculty members, […]

“The Well from Hell” Update, still leaking and unmeasured

They’re going ahead with it, though, and the government is letting them, which makes no rational sense. A friend thinks that the Administration made a deal with BP that if they put up the $20 billion, the government wouldn’t force them to measure the flow from the well. I had at first dismissed that as […]

EU ministers impose more sanctions on Iran

European Union foreign ministers adopted extra sanctions on Iran, in particular targeting investment in the country’s oil and gas industries, as well as curtailing its refining and natural gas capabilities. “The message to the Iranian government could not be clearer: the longer it refuses to talk…about its nuclear program, the greater the pressure and isolation […]

Europe’s Iran sanctions may backfire

In light of Iran’s serious need for foreign capital in its energy sector, the crippling effect of Western sanctions on its oil and gas is bound to have ripple effects in accentuating Europe’s current energy insecurity, reflected in the 27-member EU’s wariness of undue dependence on Russia and its frantic search to diversify sources of […]

LA Times: Senate’s energy bill: What a disappointment

President Obama’s push for cleaner energy ran out of gas long ago. But that doesn’t excuse him or Senate Majority Leader Harry Reid for surrendering so easily, or so completely. Editorial July 28, 2010 After Senate Majority Leader Harry Reid (D-Nev.) unveiled an energy bill Tuesday that was so watered down from earlier versions that […]

Bloomberg: Pickens, Home Depot Beat Wind-Turbine Makers in Energy Measure

T. Boone Pickens, the billionaire energy hedge-fund manager, and Home Depot Inc., the largest U.S. home-improvement retailer, are winners in energy legislation that fails to help solar-panel and wind-turbine makers. The measure proposed yesterday by Senate Democrats would give Pickens victory in his lobbying campaign for more use of natural gas, providing $3.8 billion in […]

Japanese Tanker Damaged In Straits Of Hormuz; Outside Attack Considered

Some unpleasant possibilities to consider in the aftermath of what appears to have been an attack on a Japanese VLCC. And, of course, if this is another Cheonan in the making, why pick a Japanese false flag scenario? With two US aircraft carriers in the vicinity, one would imagine we should have a pretty good […]

Africa: Free Trade in Natural Resources Bad for Development

The report, released by the World Trade Organisation (WTO) on Jul 23, showed that fish, forestry, fuels and mining products represented 24 percent of world trade in 2008. Fuels account for three-quarters of this trade and have experienced a rapid growth since 2000. Intra-regional trade among African states remains at exceedingly low levels – an […]

Opinion: Steady-State Economy?

Our current social order is no longer sustainable. Our economic system is based on a tragically flawed set of premises, namely that we can extract all we want from the environment, pump all the waste we want into it, and make most of our wealth, as a nation, by speculating financially. An oversimplification? Yes. But […]

Ahmadinejad says expects U.S. to attack MidEast soon

Iran expects the United States to launch a military strike on “at least two countries” in the Middle East in the next three months, Iranian President Mahmoud Ahmadinejad told state-run Press TV. In an interview recorded on Monday, Ahmadinejad did not specify whether he thought Iran itself would be attacked nor did he say what […]

USA Today: Price holds key to ending nation’s addiction to oil

Two years ago this month, crude oil prices spiked to more than $145 a barrel, driving the price of regular gasoline to more than $4 a gallon and painfully reminding the nation once again how vulnerable it is to the whims of the international oil market. It’s reasonable to ask what policymakers have done in […]

Chavez warns of US oil cutoff in Colombia dispute

President Hugo Chavez threatened on Sunday to halt oil sales to the United States if Venezuela faces any military attack by its U.S.-allied neighbor Colombia. Chavez said in a speech to thousands of supporters that if there is an “armed aggression against Venezuela” from Colombia backed by the U.S., “we would suspend shipments of oil.” […]

Financial-reform bill limits the speculation in ag commodity markets that sparked food crisis

While we lament the final death rattle of climate legislation, it’s worth noting that something non-hideous emerged from the ignominious halls of Congress last week. Buried within the financial reform bill signed into law by President Obama, there’s a set of provisions that evidently limit excessive speculation in agricultural commodity markets. According to an analysis […]

UN’s Agenda of Population Control Accelerating

In the context of the UN’s World Population Day (last July 11), several developing nations were quick to pledge allegiance to the eugenic deity. In the east-Indian state of Bihar, officials put out the announcement that: “The Bihar government will soon formulate a new population control policy. The policy will be framed in collaboration with […]

Iran, Russia to establish joint oil bank

Tehran and Moscow have agreed to establish a joint bank to help fund bilateral projects and expand cooperation in natural gas deliveries and oil products. According to Deputy Oil Minister Javad Oji, the joint bank will finance oil and gas projects and work out a mechanism for using the currencies of both countries for payments, […]

Uk Energy Security and Peak Oil

Simon Snowden, University of Liverpool Management School, Oil Depletion Impact Group Summary: Simon explains the nature of the peak oil phenomena?; When a global oil may peak; Why it matters?; Growing demand and the relationship with GDP and growth; What it means for the UK, Impacts on business of volatile oil prices, on individuals and […]

Climate Change Used as Excuse For Population Control

The major target for the Club of Rome was a population that was improving quality of life, health and the pursuit of happiness. It argued this was achieved by unsustainable exploitation of resources and destruction of nature. As they explain; “If the present growth trends in world population, industrialization, pollution, food production, and resource depletion […]

Planning for Europe’s Energy Future

This document is an attempt to address the Energy Consultation launched by the European Commission in the first half of 2010. This consultation is part of a process that shall take the Commission to a new Energy Policy Programme a few years from now. After 6 years with energy prices much above the ground flat […]

Interior Rewrites History, Erases BP From List of Finalists for Safety Award

By MIKE SORAGHAN of Greenwire Published: July 7, 2010 There are probably a lot of things Interior Department officials would like to change about the how they looked at BP Exploration and Production’s drilling operations. They’ve found one thing that they can change — their website. They’ve found one thing that they can change — […]

Fannie and Freddie to clean-energy program: Drop dead

Grist has been covering Fannie Mae and Freddie Mac’s attack on Property Assessed Clean Energy (PACE), a promising tool that helps homeowners finance green improvements to their properties. Here’s the latest: On Tuesday, Fannie Mae and Freddie Mac ended their radio silence nine weeks after sending cryptic letters warning lenders against permitting the use of […]

China convicts U.S. geologist of stealing state secrets

A geologist accused of stealing state secrets after he brokered the sale of an oil database has been sentenced to eight years in jail, the U.S. embassy said on Monday, over two-and-one-half years after he was detained. Geologist Xue Feng, a 44-year-old U.S. citizen born in China, was detained late in 2007 after negotiating the […]

New Zealand Begins Emissions Trading Scheme

“At present we appear to be bogged down in emission reduction schemes and targets. This thinking is short-term as the high emissions industries in the long run are doomed.  We have the low-carbon technology – which include many forms of renewable energy such as solar electric, solar thermal, wind, wave, tidal, geothermal and bio-energy.  All […]

Peak oil and public transportation

So when the ever-diminishing supply of unlimited, inexpensive, and always-at-the-ready oil is a factor with which we are all contending every day, preferring “the convenience of personal automobile transportation to the inflexibility of mass transit” won’t be worth the paper that comment is printed on. Peak Oil doesn’t much care about our “preferences,” or whether […]

Takahash: Solution for Peak Oil and Global Warming

1. Immediately enact a 5 cents/pound carbon dioxide credit. Okay, this is the same as a tax, but read my article on this subject. This credit will only increase gasoline by a buck a gallon and double the price of coal electricity. Congress needs to pass this measure, which President Obama should sign, and he […]

US Offshore Drilling Ban Compounding the damage?

As analyst Robert Rapier points out, the large companies doing the drilling “will not be the big losers from this decision. That honor is reserved for many of the individuals and businesses along the Gulf Coast that have added jobs and made investments to serve this growing market.” Oil is a product of the sea. […]

Robert Hirsch on Peak Oil

Hisch is a consultant for the US Dept of Energy. Author of the famous “Hirsch Report”

U.S. Military Surrounds Iran

Earlier in the week, the Pentagon confirmed that an unusually large fleet of U.S. warships had indeed passed through Egypt’s Suez Canal en route to the Persian Gulf. At least one Israeli warship reportedly joined the American armada. There are also Israeli nuclear armed submarines. Three German-built Israeli submarines equipped with nuclear cruise missiles are […]

Portland Roundtable on Peak Oil

A Comparison of Soviet example and US prospects;A fascist future for the bankrupt former empire?

On the Crisis of Governance in Baghdad

Peaceful citizens were killed not by bullets fired by terrorists or the occupation forces but by government bullets and this comes at a time when the country has not been able to extricate itself from a political labyrinth to learn who will be the country’s next Prime Minister. Iraq’s parliament has been unable to take […]

US Navy Discusses Climate Change

As the oceans get warmer, they expand and take up more space, causing the sea level to rise. In addition, the land-based ice that already is melting — including mountain glaciers, the Greenland ice field, and even the western Antarctic ice sheet — will add volume to the ocean. He acknowledged considerable uncertainty over the […]

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