China set to buy Canadian
China’s Communist rulers have a blunt message for anyone who frets about the planned Chinese takeover of Canada’s biggest mining company: Get ready for more to come.
Breaking free from energy dependence
Short of radically altering America’s driving habits, the United States cannot achieve energy independence without spending billions of dollars on new initiatives. And no political consensus exists to spend those sums despite decades of promises to cut oil imports. But new plans are emerging that might sway lawmakers.
LNG boom needs terminal sites
In a rush to take advantage of high gas prices and low importing costs for liquefied natural gas, U.S. energy companies have been working to open LNG facilities on the nation’s East, West and Gulf coasts.
From Wood to Coal in an Effort to Stop Deforestation
The competition between energy and environmental needs in Niger has taken centre stage of late, with authorities seeking to promote the use of coal in a bid to halt deforestation in the North African country.
Aid agencies’ warning on climate
The greenhouse effect could wreck attempts to lift the world’s poorest people out of poverty and reverse human progress, campaigners say.
Oil-producing nations rank high in corruption
Most oil-producing nations are also rife with corruption, and oil companies should provide more information about their operations to help clean up the market, a global watchdog group said Wednesday in an annual report.
US: Ailing airline Delta reports wider loss
Delta Air Lines Inc. reported a much wider third-quarter loss despite a rise in revenue and warned that its financial situation has worsened to the point where it needs to significantly reduce its costs quickly to turn things around.
Brown Sees Short Path to Oil Independence
“With the price of oil above $50 a barrel, with political
instability in the Middle East on the rise, and with little
slack in the world oil economy, we need a new energy strategy,”
says Lester R. Brown, president of the Earth Policy Institute, a
Washington, DC-based research institute. “Fortunately, the
outline of a new strategy is emerging with two new technologies.”
Nuclear plant radiation may be 10 times previous estimates
Low-level radiation from nuclear plants may be up to ten times more hazardous than has been previously estimated, a panel of experts said today.
‘SA may be forced to turn to nuclear power’
In what appears to be a move to pave the way for the Pebble Bed Modular Reactor (PBMR), Maqubela said if South Africa continued to rely primarily on coal, the country would not be able to commit itself to reducing CO2 emissions.
Mortgage monster scares market
THERE is a volcano rumbling in the US, with many praying it does not erupt. Concerned observers of the accounting troubles at mortgage financier Fannie Mae include both the International Monetary Fund and the Federal Reserve Bank.
US: Wave of Nuclear Plant Relicensing
A new analysis of Department of Energy (DOE) figures shows that in the wake of the 2002 Senate vote to approve the Yucca Mountain dumpsite, the Nuclear Regulatory Commission quickly and quietly approved license extensions at nuclear reactors nationwide.
