Secret £1bn deal to insure Saudi arms contract
The government has secretly agreed to pay the arms firm BAE Systems £1bn in the event that the Saudi regime, one of the company’s main military customers, collapses.
David Leigh
EU agree on setting up single energy market with Turkey, Balkan neighbours
The European Union agreed Tuesday on an energy co-operation agreement with the Balkan countries, Turkey and Moldova, aiming to secure energy supplies across the continent.
Climate forecast soars into the red
By 2050 heatwaves like that of 2003, which killed 15,000 in Europe and pushed British temperatures above 38C (100F) for the first time, will seem “unusually cool”, the Hadley Centre for Climate Change says.
Warming trend threat to pipeline, forum told
Climate change triggering landslides / Arctic gas project at risk, expert warns.
The three crises: oil prices, climate change and international debt,
High oil prices are causing misery in some of the poorest countries of the world and threaten to collapse the global economy. Yet, oddly,
solving this crisis provides an excellent opportunity to establish a framework to cure the climate crisis as well.
What’s New on the ODAC Website
Latest bulletin from the Oil Depletion Analysis Centre.
Dying for Consumption
To the owner of the 7,770-pound Ford Excursion who implores us to “Support Our Troops” I say this: At this moment, American troops are risking their lives to protect your inalienable right to live your life in an impenetrable fog of selfishness and stupidity.
Exxon president predicts non-OPEC peak in 10 years
Long-term changes are under way in global energy market that will affect all Americans and the US energy industry of the future, said Rex W. Tillerson, president of ExxonMobil Corp.
Iran expects WTO success after nuclear deal
Iran will be looking for concrete EU support and a slight softening of United States policy when the World Trade Organisation (WTO) meets Monday to consider the Islamic republic’s membership application.
Before the Wells Run Dry: Ireland’s Transition to Renewable Energy
Whenever it occurs, the decline in oil and gas output will be a turning point in human history … renewables do indeed have the capacity to provide the people of Europe with all the energy they need to live comfortable lives without using coal or nuclear energy at all.
Australia: Labels could save $600m of water
Australia is to become the first country to introduce a national water efficiency rating system on toilets, shower-heads, washing machines, dishwashers and taps.
The End of Fossil Fuels: Part 1. How Long the Twilight?
This country and the world are in for profound change as the petroleum boom winds down. I find
that even specialists in the fields that will be most affected have not seriously considered what that
transition will be like or how they will handle it. This study is an effort to describe the transition and to
explore what lies beyond it.
