India, China and Energy Security

The key energy-related issues for these two countries are increasing energy
dependency on imported oil, growing environmental concerns due to the dependency
on coal, transportation and supply problems, and regional geopolitics.

EU matches Japanese fusion offer

THE European Union would be prepared to match a Japanese offer to pay a greater share of the construction costs of the world’s first prototype nuclear fusion reactor in order to host the project, an EU source said late on Tuesday.

US: Good news now, bad news later

We need both cheap money and cheap energy, in particular oil and its derivatives. The problem is that we can print our own money in any quantity the Fed deems sufficient to keep the economy humming along. But we can only provide 40 percent of the oil we must have from domestic sources.

Iraq: “In A World of Shit”

“We went into Iraq with ideological lenses. If you start with a rosy scenario and work backward, you’re in a world of shit. And that’s where we are,” said Naval War College professor, Ahmed S. Hashim.