Climate – Sept 27

Earth’s temperature nears million-year high

ExxonMobil hits at ‘unfair’ attack by scientists

Australia: We’re drying up fast

Changed climate will cook elderly people

Peak Oil Passnotes: Why Is Oil at $60?

When a commodity or a stock moves fast we tend to get very excited. We hope to discover whether or not it has made some kind of quantum leap or is just part of a long term trend. So what the heck is happening to crude oil? Is this a slip? A correction? Or gigantic profit taking? Or none of the above?

Since we last wrote this column oil has continued its most excellent nosedive, actually breaching the $60 at $59.80 intraday this week. Just six weeks ago it was busting out at $78 and everyone – this commentator included – thought it was only a matter of time before $80 oil arrived.

Nuclear – Sept 26

Sellafield reprocessing plant failing

Early check for nuclear plant amid safety fears

Egypt to build nuke plants

Russia to start building nine nuclear power units in 2007

Russia, Iran agree on launch date of nuclear power plant