Climate Envoy Stern Says China Must Be

China is at the forefront of major developing nations that must help reduce greenhouse-gas emissions in a new treaty to stem global warming, U.S. climate envoy Todd Stern said. The comments followed talks between officials from both nations in Beijing this week and remarks on May 26 by U.S. Energy Secretary Steven Chu that the […]

The man who could change the world

This week, the St James …Under Mr Obama, America is embracing a leadership role in addressing the world

Review of RAND study, Imported Oil and US National Security (May, 2009)

RAND Corporation has brought its considerable expertise to bear on the national security implications of US oil import dependence. The study, “Imported Oil and US National Security” (127 pgs), was conducted by a team of analysts within RAND …However, this study seems particularly lacking when it comes to policies to mitigate disruptions in oil supply. […]

Jeff Rubin on The Current

Part 2: Oil – Jeff Rubin Well all roads lead to oil when it’s cheap … vacations are more affordable, fruit and vegetables from around the world are on our grocery shelves and all those cheap, imported electronics stay nice and cheap. Of course the reverse is also true. When the price of oil is […]

Oil doubles in six months to $66

COLUMBUS, Ohio – Oil and gasoline prices continued a recession-defying march higher Friday, doubling in the past six months largely on optimism of a strengthening economy. The predictions for just how high oil can reach this year, just like 2008, continue to creep upward just five months removed from crude priced around $32 per barrel. […]

To plan for emergency, or not? Heinberg and Hopkins debate

…Let me start by saying that I am not proposing any specific change in the public Transition written materials or trainings, merely a private strategic discussion among those at a high level within the movement. My reasoning is simple: Transition has a very positive and optimistic face, which is extremely attractive and the main reason […]

Gas price surge may stall recovery

Gas prices jump 20% in 31 days, nearing $2.50 a gallon and putting more pressure on the already battered economy. NEW YORK (CNNMoney.com) — The rising price of gasoline is putting pressure on cash-strapped motorists and throwing barricades into the path of a speedy economic recovery. The national average price for a gallon of regular […]

Crunch looms for green technology as China tightens grip on rare-earth metals

Japan The weight and magnetic properties of rare-earth metals have made them important for wind turbines, essential to hybrid cars, and indispensable if the world ever hopes to covert to fully electric vehicles. One mining company president told The Times that governments that had promised a way out of economic turmoil with bold schemes to […]

Algae and Cost Viability

Robert Rapier recently drew attention to the demise of GreenFuel Technologies, the company founded on ideas from MIT and Harvard and supported by millions of dollars in venture capital funding. One of the creative ideas that the company has was to located their plant at existing power stations so that the carbon dioxide generated in […]

NGOs sketch path to sustainable consumption

…The EEB’s blueprint is about shifting from “peak everything [peak oil, peak water, peak food etc.]” and reaching Earth’s limits to the notion of contraction and simplification, Fedrigo explained. Meanwhile, the transition needs to be embraced “in an intelligent and planned way to avoid chaos,” she underlined. Arnold Tukker, one of the report’s authors, called […]

In Finland, Nuclear Renaissance Runs Into Trouble

OLKILUOTO, Finland But things have not gone as planned. After four years of construction and thousands of defects and deficiencies, the reactor

Obama to discuss oil prices with Saudis

US President Barack Obama said he would discuss oil costs when he meets with Saudi Arabia’s King Abdullah next week and plans to say that big price rises are not in Riyadh’s interests. “I don’t think it’s in Saudi Arabia’s interests to have a situation in which our economy is dependent — or disrupted constantly […]

Climate 'catastrophe' killing 300,000 each year

LONDON, England (CNN) — The first comprehensive report into the human cost of climate change warns the world is in the throes of a “silent crisis” that is killing 300,000 people each year. More than 300 million people are already seriously affected by the gradual warming of the earth and that number is set to […]

The 100 mile economy

Most of what we buy comes from a long way away. What will become of us if something interferes with our dependence on the world market for our basic needs (food and clothing, for instance)? Perhaps I’m weird, but I often stand in a grocery store, or low price department store, or clothing shop, and […]

Natural gas in the Arctic is mostly Russian

Nearly one-third of the natural gas yet to be discovered in the world is north of the Arctic Circle and most of it is in Russian territory, according to a new analysis led by researchers at the U.S. Geological Survey. “These findings suggest that in the future the … pre-eminence of Russian strategic control of […]

Study: Permafrost thaw is

Reduced rate of gas release not cause to celebrate, scientists say WASHINGTON – A “slow-motion time bomb” of trapped greenhouse gases being released by the Arctic’s thawing tundra may not go off quite as fast as once feared, a new study found. Even so, it remains a problem that in the long run is still […]

World Bank to bolster sustainable energy role

BERGEN, Norway (Reuters) – The World Bank seeks to play a bigger role in sustainable energy projects around the globe including experimental carbon capture and storage (CCS) research, Vice President Katherine Sierra said on Thursday. Sierra, who is the head of sustainable development at the Washington-based lender funded by countries around the world, said developing […]

EU states seen backing duties on U.S. biodiesel

BRUSSELS (Reuters) – Most European Union member states indicated on Thursday they would support a European Commission plan to extend anti-dumping and anti-subsidy duties on imports of biodiesel from the United States, EU sources said. The European Union’s executive arm, which oversees trade policy for the 27-country bloc, submitted a proposal to impose “definitive,” or […]

Rising oil may test U.S. economy's green shoots

WASHINGTON (Reuters) – Swiftly rising oil prices threaten to sap the buying power of U.S. consumers who are essential to ending the longest recession since the Great Depression. Oil has been on a tear in the last five weeks, rising 48 percent since April 21 to hit a 2009 intraday peak above $65 per barrel […]

Oil soars on OPEC, U.S. inventory drop

NEW YORK (Reuters) – Oil surged past $65 a barrel on Thursday to a fresh six-month high after OPEC decided to keep output unchanged and government data showed a steep drop in U.S. crude inventories. U.S. crude oil for July delivery settled up $1.63 to $65.08 a barrel, the highest settlement since November 5, after […]

Car-driven society poses a risk to Americans' health

ATLANTA (Reuters) – When Seema Shrikhande goes to work, she drives. When she takes her son to school, they drive. And when she shopping, to the bank or to visit friends, she gets into her car, buckles up and hits the road. Driving is a way of life for Americans but researchers say the national […]

California fires up laser fusion machine

A tentative first step towards an era of clean, almost limitless energy will take place today with the opening of a giant facility designed to recreate the power of the stars in an oversized warehouse in California. The $3.5bn National Ignition Facility (NIF) sits in a 10-storey building covering three football fields and will harness […]

Energy reserves north of Arctic Circle mapped in detail for first time

Roughly one-third of the world’s gas reserves and 13 per cent of its oil reserves lie north of the Arctic Circle, estimate U.S. Geological Survey researchers who suggest most of the gas is in Russian territory. Russia could benefit from increasing its existing gas reserves, currently the biggest in the world. But the oil estimate […]

UAE to revise plans for gas expansion

The UAE is facing a severe gas supply shortage and an expected deterioration in the crisis could force it to revise plans to expand its LNG production, an Abu Dhabi gas official warned yesterday. Despite a steady rise in domestic gas output, the shortage has widened over the past few years because of a surge […]

The Peak Oil Crisis: The Electric Car: Part II

Unless we have an economic depression far worse than most currently believe is likely, the chances are good that within the next five years a combination of emissions restrictions and falling oil supplies is going to make gasoline too expensive for routine use in private automobiles. The manufacturers recognize this and are rushing to produce […]

Apache Prosecuted by West Australia for Varanus Blast

(Bloomberg) — Apache Corp., the second-largest independent U.S. oil producer by market value, will be prosecuted over a Western Australian gas pipeline blast that cut 30 percent of the state

Global warming must stay below 2C or world faces ruin, scientists declare

The world The ambitious global carbon budget is set out today in the St James

Energy supply crunch brewing

Forget low oil prices. The worry of the moment is a spike in oil prices and how long it will take before a supply crunch sends prices soaring. And if one subscribes to the views of former CIBC World Markets economist Jeff Rubin and University of California, San Diego economics professor James Hamilton, a spike […]

Russia signs uranium contracts with US companies

MOSCOW Tenex will supply fuel to the U.S. utilities from 2014 through 2020 under the contracts, which provide the option for renewal, Novikov told the AP. He said the deals will help each company supply electricity to 5 million households. Fuel previously supplied by Russia had been extracted from old nuclear weapons and diluted for […]

Ships Moving Fuel Oil East Double as Arbitrage Gives Incentive

(Bloomberg) — The number of supertankers transporting fuel oil to Asian markets from the Caribbean between March and May has doubled since a year ago as traders seize on a profitable arbitrage, shipbrokers said. Traders can take advantage of the price difference for fuel oil between the two markets, which is now greater than the […]

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