Lester Brown: China growth unsustainable on all counts, must change

China’s growth model, based on the West’s economic model with its massive appetite for resources and increasing environmental degradation is unsustainable and will have to change, a leading environmentalist said.

May 31, 2006

US lawmakers pass bill allowing lawsuits against oil cartels

Dubbed “NOPEC”, a bill passed by the US Senate Judiciary Committee would allow legal action to be taken against cartels such as OPEC, said Senator Patrick Leahy, one of the bill’s co-sponsors.

April 16, 2005

Asia bent on having own oil market despite warnings

Several Asian countries are pushing ahead with their long held objective of establishing a regional oil market for cheaper supplies, despite warnings such an initiative could backfire.

March 30, 2005

Philippines: Four-day work week to save energy

Philippines President Gloria Arroyo ordered most Philippine government offices to go on to four-day working weeks in April and May to conserve energy amid surging crude oil prices, the presidential palace said today.

March 30, 2005

China able to cope with high oil prices ahead of stocks build-up

China, possessing the second-biggest currency reserves in the world, will have no difficulty in paying for strategic stocks of crude oil later this year despite the high cost of energy, analysts said.

March 28, 2005

China to set up energy task force as planner warns of dire power shortage

China said it intends to set up a special task force to handle energy issues as its top economic planner painted a dire picture of the nation’s desperate power shortages.

March 7, 2005

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