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News from November 2008

Greer: Looking for Roong Thisdara

Greer: Looking for Roong Thisdara thumbnail

What we are trying to invent here Yet there


Ukraine, Seeking Russian Deal, Vows to Ensure Europe Gas Supply

Ukraine, Seeking Russian Deal, Vows to Ensure Europe Gas Supply thumbnail

(Bloomberg) — Ukrainian President Viktor Yushchenko urged the government to resolve a dispute with Russia on an agreement for natural-gas supplies, vowing that his country will maintain uninterrupted shipments to Europe. Ukraine guarantees the stable transit of gas to Europe regardless of how its relationship with Russian exporter OAO Gazprom develops, Bohdan Sokolovskyi, an aide […]


Energy Fears as Kyrgyz Winter Approaches

Energy Fears as Kyrgyz Winter Approaches thumbnail

Kyrgyzstan faces uncertain times as winter approaches and electricity generation is so low that the government has been unable to honour a pledge to end power cuts. Since August, the country has suffered rotating power cuts as part of an austerity programme to save water for a time , but the energy ministry promised these […]


Whatever happened to the hydrogen economy?

Whatever happened to the hydrogen economy? thumbnail

WHATEVER happened to the hydrogen economy? At the turn of the century it was the next big thing, promising a future of infinite clean energy and deliverance from climate change. Generate enough hydrogen, so the claim went, and we could use it to transform the entire energy infrastructure – it could supply power for cars, […]


OPINION: A Green Deal for Transportation

OPINION: A Green Deal for Transportation thumbnail

In early 1942, the administration of Franklin D. Roosevelt directed the entire U.S. auto industry to make a sudden and wholesale switch from producing cars to churning out tanks, armored cars, tank engines, and aircraft propellers. Close to 4 million vehicles had rolled off assembly lines the previous year, but emergency wartime priorities brought the […]


Water Footprint

Water Footprint thumbnail

People use lots of water for drinking, cooking and washing, but even more for producing things such as food, paper, cotton clothes, etc. The water footprint is an indicator of water use that looks at both direct and indirect water use of a consumer or producer. The water footprint of an individual, community or business […]


Speed matters for ice-shelf breaking

Speed matters for ice-shelf breaking thumbnail

It won’t help the Titanic, but a newly derived, simple law may help scientists improve their climate models and glaciologists predict where icebergs will calve off from their parent ice sheets, according to a team of Penn State researchers. “To predict the future of the ice sheet and to understand the past, we have to […]


Global warming a major threat to Nigerians

Global warming a major threat to Nigerians thumbnail

Lagos – Millions of Nigerians may have to flee rising sea levels in the next half century, as ocean surges swamp some of Africa’s most expensive real estate and its poorest slums, scientists say. Nigeria, stretching from the Sahara to the Gulf of Guinea, could come under triple attack from climate change as the desert […]


Chesapeake Energy may sell $1.8B stock to get cash

Chesapeake Energy may sell $1.8B stock to get cash thumbnail

Chesapeake Energy Corp., the nation’s largest producer of natural gas, seeks to raise up to $1.8 billion through common stock sales in an effort to fund its drilling and exploration activities and mitigate the impact of lower natural gas prices on cash flow. …The move would dilute holdings of shareholders, who already suffered through a […]


Biologists find new environmental threat in North American lakes

Biologists find new environmental threat in North American lakes thumbnail

Kingston, ON Calling the phenomenon “aquatic osteoporosis,” Queen’s PhD candidate Adam Jeziorski, lead author of the study, notes that calcium is an essential nutrient for many lake-dwelling organisms. “Once calcium declines below a certain threshold, some keystone species can no longer reproduce,” he says. “These species and other organisms that feed on them are endangered.” […]


Companies keep drilling for natural gas in East

Companies keep drilling for natural gas in East thumbnail

NEW YORK (Associated Press) – Illuminated drilling rigs glow for miles from atop flattened hills when night falls in this rolling farm and coal country in southwestern Pennsylvania. Tanker trucks back up traffic on two-lane roads, and Texans wearing heavy coats and muddy boots fill Shelley’s Pike Diner at lunch as land owners hope royalty […]


Two degree rise could spark Greenland ice sheet meltdown: WWF

Two degree rise could spark Greenland ice sheet meltdown: WWF thumbnail

GENEVA (AFP) “As a result, global sea levels would rise by several metres, threatening tens of millions of people worldwide.” The melting of Arctic sea ice could affect ecosystems, while a meltdown of the Greenland Ice Sheet could lead to a sea level rise of up to seven metres, with a devastating impact for the […]


UK: Fuel poverty to cost lives this winter

UK: Fuel poverty to cost lives this winter thumbnail

Tens of thousands of pensioners could die over the coming months because they cannot afford to heat their homes Tens of thousands of pensioners could die this winter because they cannot afford to heat their home, charities for the elderly said today. The warning came as official figures show that the number of “excess winter […]


Kunstler: Zombie Economics, Part II

Kunstler: Zombie Economics, Part II thumbnail

As the fiesta of In any case, we


UK energy shortfall to be filled by gas-fired stations as nuclear built

UK energy shortfall to be filled by gas-fired stations as nuclear built thumbnail

Lack of capacity in the nuclear construction industry means that Britain will have to rely on imported natural gas to meet an emerging shortfall in power generation over the next decade, according to a senior executive of EDF, the French utility that has agreed to acquire British Energy, the nuclear power generator. Bernard Dupraz, senior […]


Crude mathematics

Crude mathematics thumbnail

A plunging oil price means cheaper petrol now If oil prices remain well below a certain critical level for any significant period of time, large amounts of investment in expected oil production capacity will simply be written off, and the consequence could then be a recovery-stopping supply-side crunch within little more than two years. That […]


Gulf’s woes bode ill for the oil and gas we need

Gulf’s woes bode ill for the oil and gas we need thumbnail

Alistair Darling’s Pre-Budget Report on Monday contained at least one item that raised not a flicker of attention at Westminster but which will have been keenly noticed far away in the Gulf: he has decided that Islamic bonds will not form part of the Government’s borrowing programme in the near future. The scrapping of Britain’s […]


OPEC to Consider Another Round of Cuts

OPEC to Consider Another Round of Cuts thumbnail

Meeting Saturday, Cartel Will Again Try to Stem Oil-Price Fall Having failed twice in two months to calm plunging oil markets, OPEC ministers are set to weigh another round of steep production cuts as the world’s economic travails continue to drive crude prices to levels not seen in years. The Organization of Petroleum Exporting Countries […]


The Energy Optimist’s Lexicon

The Energy Optimist’s Lexicon thumbnail

The world’s energy optimists often employ a particular lexicon to make their case for abundance far into the future. Whether the lexicon is used cynically or out of ignorance, the result is the same: false impressions. It is understandable that when people want to argue their case effectively, they use the terms most favorable to […]


Russia

Russia thumbnail

Not long ago the balance of global power was shifting toward Russia. The economic crisis has put a stop to that. Any international economic crisis afflicts different countries in different ways, but an unfortunate few experience every painful dimension of it. In the current crisis, Russia is confronting virtually all the negatives at once–sharply declining […]


Report of the Select Committee on the Impact of Peak Oil on South Australia

Report of the Select Committee on the Impact of Peak Oil on South Australia thumbnail

During the time this committee was in operation, the price of petrol in Adelaide increased to more than $1.70 per litre, and is now trending downwards with predictions of it reaching $1.00 per litre by the end of the year. While there is general relief in the community at this lowered price, it is a […]


Nafeez Ahmed: Food Crisis & Peak Oil (Audio)

Nafeez Ahmed: Food Crisis & Peak Oil (Audio) thumbnail

In this wide ranging talk about the global food crisis and peak oil Nafeez Ahmed sketches out a path to the post-industrial society. Are we running out of oil and food? Why are prices fluctuating? Are we leaving behind a catastrophic legacy for our children? Learn about how global food and energy crises will affect […]


Plans for the world’s biggest wind farm

Plans for the world’s biggest wind farm thumbnail

It is not the usual green suspect. But it hopes to build a 5-gigawatt, deep-water wind farm – the largest in the world, equal to the output from five nuclear plants. “It” is the Ocean Energy Institute, a tiny research organization founded by Matthew Simmons. An energy investment banker who specializes in oil and gas, […]


Michael Klare: The Fall of Triumphalism

Michael Klare: The Fall of Triumphalism thumbnail

In a remarkable evocation of the strategic environment of 2025, the National Intelligence Council (NIC), a government intelligence service, portrays a world in which the United States wields considerably less power than it does today but faces far greater challenges. The assessment, contained in Global Trends 2025: A Transformed World (dni.gov/nic/NIC_home.html), was released November 20 […]


America

America thumbnail

…5. We will see oil hit $200 as Peak oil becomes obvious to all during 2009-2012. Don6. International conflicts over natural resources will hit the headlines during 2009-12. As governments across the globe seek to address the wants needs of their growing populations, there will be aggressive competition for the world


Hope For Hawaii’s Energy Future

Hope For Hawaii’s Energy Future thumbnail

Hawai This is, of course, a crucial point, as, with our world (and Hawai


Medvedev, Chavez Sign Oil Agreements Before War Games

Medvedev, Chavez Sign Oil Agreements Before War Games thumbnail

Russian President Dmitry Medvedev and Venezuelan President Hugo Chavez agreed to form joint ventures to pump crude oil and to increase military and nuclear cooperation yesterday in the first visit by a Russian president to the South American country. Medvedev and Chavez today will tour the Russian atomic- powered navy cruiser Peter the Great, which […]


As Oil Prices Fall, Tensions Among OPEC Members Seem to Deepen

As Oil Prices Fall, Tensions Among OPEC Members Seem to Deepen thumbnail

For the first time in a decade, oil producers are facing a real test of their unity. As the OPEC cartel meets in Cairo on Saturday, exporters are being pummeled by a triple whammy of lower prices, falling demand and declining revenue. The group, whose members account for more than 40 percent of global oil […]


Solar panel sales to contract in 2009, says forecast

Solar panel sales to contract in 2009, says forecast thumbnail

The economic crisis will impact significantly solar panel sales, starting with weakened average selling prices and order delays or cancellations, according to market research group The Information Network (New Tripoli, PA.) The solar panel market is set to contract in 2009 because of the slowdown in economic growth and the credit crunch, stated Dr. Castellano, […]


”Green” palm oil sales expected to pick up

”Green” palm oil sales expected to pick up thumbnail

Palm oil producers in Indonesia, Malaysia and Papua New Guinea may sell 1 million tonnes of “sustainable” palm oil next year, up ten-fold on 2008 although still only a tiny fraction of global sales, officials said. Under fire from green groups and some Western consumers, the palm oil industry established the Round Table on Sustainable […]


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@PaulGambles2 @CNBCJou @JMJancovici To be clear, not asking for predictions, but a hedge vs #peakoil. Fair bet policy makers are behind & will be overwhelmed. #antifragile

@PaulGambles2 @CNBCJou Cruel irony is, #peakoil may kick in after it's too late to prevent #climatechange. double whammy/hysteresis. @JMJancovici

It's going to come crashing down when #PeakOil, starts hitting the fan. Life as we're living it is unsustainable, fool's paradise! twitter.com/KieranSuckling…