Energy is essential to the way we live. Whether it is in the form of oil, gasoline or electricity, the worlds' prosperity and welfare depends on having access to reliable and secure supplies of energy at affordable prices. Improving how we acquire, produce, and consume energy is central to becoming economically and environmentally responsible and sustainable.
Sunday, March 30, 2008
Embracing A Clean Green Dream
COPENHAGEN - An inner-city harbour with water so clean the fish are for eating and the beaches for swimming. Offshore wind farms in the waters beyond, piped to the power grid on two generations of Danish brainpower. Underfoot, a district heating network that squeezes every possible joule of warmth from some of the world’s most efficient electricity plants, keeping 97 per cent of Copenhagen toasty.0329 03 1
And here on the ground, a city where cyclists outnumber motorists during the downtown commute on close to 400 kilometres of dedicated lanes so safe that the vast majority don’t even bother wearing helmets, which aren’t mandatory anyway.
At first glance, Copenhagen is everything the brochure says: a hand-shaped city where each finger of suburb is separated by green space and in each fingerbone, a transit corridor of trains and buses, car and bike lanes to the central palm, where many of the globe’s deepest environmental thinkers can be found. More >>>
Thursday, March 27, 2008
IOC goes green on energy security
“As the demand for energy increases, one way to lessen the impact is to ensure that it is used more efficiently,” he told delegates attending the 93rd International Petroleum Week in London organised by the UK-based Energy Institute.
"The most confounding problem that humanity would face in the next decade will be to find a simultaneous solution to its energy needs while addressing the concerns of global climate change world over, economies need to progressively move towards attaining higher levels of economic growth with reduced levels of energy consumption," Behuria said in his address, delivered through video-conferencing. More >>>
Friday, March 21, 2008
The 'Peak Oil' Theory: Will Oil Reserves Run Dry?
20 Mar 2008 The answer to that question supports — or undermines — the theory that we are in the midst of an ever-tightening supply that will lock prices into a permanent, rising arc। That, in nutshell, is what's meant by the term "peak oil".
It’s an issue that matters, especially to major energy players who are in a race to disprove the theory and trying to bring on-stream more oil fields than are currently being depleted.
John Hofmeister, president of Royal Dutch Shell's US operations, shared his thoughts on the supply issue on CNBC’s Squawk Box on Thursday. He took aim at the peak oil theory as popularized by Matthew Simmons, the author of "Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy." (See the Hofmeister interview at left.)
“The peak oil theory has really swamped the world — God bless Matt Simmons,” Hofmeister told CNBC। Simmons is mistaken, said Hofmeister, because he is overly focused on a single country: Saudi Arabia, the world's largest exporter and OPEC swing producer. More >>>
Sunday, March 16, 2008
New Diesel Rule Cuts Emissions from Trains, Ships
U.S. Environmental Protection Agency Administrator Stephen Johnson signed the Locomotive and Marine Diesel Engines Rule that will slash diesel emissions, helping Americans to breathe cleaner air.
Attending the signing ceremony were EPA Regional Administrator Richard Greene, Port of Houston Authority Planning and Environment Director Charlie Jenkins, Association of American Railroads President Ed Hamberger, and Goeff Conrad, representing the Engine Manufacturers Association.
"This is another step in the continuing process to bring cleaner air to Texas and the nation," said Greene. "Each step brings new achievements and cleaner technologies to improve the health of our residents and our quality of life." More >>>
Thursday, March 13, 2008
New Solar Cell Can Effectively Generate Hydrogen From Water
Some Penn State researchers announced today that they’ve created a solar cell that can effectively split water to harvest the hydrogen. There’s quite a large amount of technical detail in the ‘how’, but the researchers expect an efficiency level of about 15%. The odd thing about this ‘discovery’ is that we’ve written about it before. In fact, a company by the name of Nanoptek recently released details on a “low-cost, durable titania electrode that can split water molecules into hydrogen and oxygen.” A space 50 feet by 50 feet on a sunny roof could provide enough surface area for a Nanoptek hydrogen generator to supply enough energy for a family of four. They’ve already got $4.7 million in the bank to continue research. More >>>
Tuesday, March 11, 2008
Climate change may spark conflict with Russia, EU told
The EU report warns of increasing international tensions as global warming opens up new areas for energy exploitation.
European governments have been told to plan for an era of conflict over energy resources, with global warming likely to trigger a dangerous contest between Russia and the west for the vast mineral riches of the Arctic.
A report from the EU's top two foreign policy officials to the 27 heads of government gathering in Brussels for a summit this week warns that "significant potential conflicts" are likely in the decades ahead as a result of "intensified competition over access to, and control over, energy resources". The seven-page report, obtained by the Guardian, has been written by Javier Solana, the EU's foreign policy supremo, and Benita Ferrero-Waldner, the commissioner for external relations. It predicts that global warming will precipitate security issues for Europe, ranging from energy wars to mass migration, failed states and political radicalisation. More>>>
Friday, March 7, 2008
When will Peak Oil Strike? The Renewable Energy Centre.co.uk comments on the Debate.
Mar 07, 2008 – The big question has it seems, finally been answered with new projections placing the point of peak oil occurring within the next 10 years. The Renewable Energy Centre.co.uk today commented on the debate and the possible consequences of an early end to the UK’s oil dependant existence. It has been cited that the global discovery of oil actually peaked in 1962 and has been in decline ever since. This has been backed by fact that oil companies have cut oil exploration spend over the last 10 years and production of oil has stagnated at 85m barrels per day. More >>>
Tuesday, March 4, 2008
Oil touches an all-time high
March 4, 2008
The gravity-defying price of oil shot through another barrier Monday by briefly touching $103.95 a barrel in New York trading, the highest cost ever for black gold even after adjusting for inflation.
Before Monday, the April 1980 price of $38 was the pinnacle, fueled by dramatic Mideast events including the failed rescue of American hostages in Iran. Adjusted for inflation, that $38 is now more than $103. This time, rather than a political crisis, the main culprit is decidedly less spectacular: a weak dollar.
For consumers and the nation's economy, triple-digit oil prices are being felt broadly, boosting costs from the gas pump to the grocery store and crimping sales of light trucks, tires and pleasure tours. More >>>