News from April 2007

2007 U.S.-EU Summit Economic Progress Report

At the 2006 U.S.-EU Summit in Vienna, we committed to redouble our efforts to promote economic growth and innovation and reduce the barriers to transatlantic trade and investment by implementing all aspects of the 2005 Initiative to Enhance Transatlantic Economic Integration and Growth (2005 Economic Initiative). We endorsed the new Action Strategy for the Enforcement [...]

Many methods, one basic idea shape new oil-shale technology

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Iran oil, gas production on the rise

Iran’s oil production is expected to exceed 5.316 Mln barrels per day by the end of the country’s 5th Development Plan (early 2015). “The volume of global gas consumption is expected to exceed coal in 2012 and the volume of global oil consumption is to be raised from the current 80 Mln barrels per day [...]

Oil Companies Created ‘Shortage’ That Is Driving Record Pump Prices

Even as crude oil prices fell slightly today, gasoline prices continued a rocket trajectory upward due to “supply shortages” resulting from a combination of ineptness and greed on the part of oil companies, said the Foundation for Taxpayer and Consumer Rights. Analysts blamed new refinery outages in Texas and Oklahoma, while a spokesman for the [...]

The rich world’s policy on greenhouse gas now seems clear: millions will die

Rich nations seeking to cut climate change have this in common: they lie. You won’t find this statement in the draft of the new report by the Intergovernmental Panel on Climate Change, which was leaked to the Guardian last week. But as soon as you understand the numbers, the words form before your eyes. The [...]

Rich Oilfield Discovered in Northern Kuwait

Kuwaiti Minister of Oil Sheikh Ali Al-Jarrah Al-Sabah announced Monday that a rich oil field was discovered in northern Kuwait, the official KUNA news agency reported. In a statement, Sheikh Ali Al-Jarrah said that initial examination of the site proved it contained a huge amount of light oil and affiliate gas, but he did not [...]

Seeing the trees for the forest

After completing a two-year pilot phase, scientists at the Woods Hole Research Center are expanding the scope of the “National Biomass and Carbon Dataset” for the year 2000 (NBCD2000), the first ever inventory of its kind, by moving into the production phase. Through a combination of NASA satellite datasets, topographic survey data, land use/land cover [...]

UK’s Wave Hub Proceeds with $43 M Investment

The first large-scale wave farm, set to be built 10 miles off the coast of Cornwall in South West England, is now one step closer to becoming a reality with approval of GBP 21.5 million [US$42.9 million] in funding. The investment means Wave Hub could be operational as early as summer 2008, subject to final [...]

Question to the Readership

Brookline, Massachusetts is in the early stages of considering a raise in the automobile excise tax (car property tax) on all vehicles under 8,500 pounds which do not exceed a specific fuel economy (mpg) standard. The details are not finalized. The question to the readership is: what other municipalities in the US (or elsewhere) charge [...]

World’s First Hydrogen Bus Fleet One Step Closer

The Province is a step closer to deploying the world fuelcellsworks greencarcongress