Melting Arctic Bogs May Hasten Warming, Study Says
If temperatures in western Siberia continue to rise, its peatlands could thaw and dry out. They would then essentially become giant compost heaps and begin to release vast amounts of carbon dioxide.
If temperatures in western Siberia continue to rise, its peatlands could thaw and dry out. They would then essentially become giant compost heaps and begin to release vast amounts of carbon dioxide.
“There have been developments (that suggest) that during the second quarter of 2005, demand for oil will plunge,” OPEC President Purnomo Yusgiantoro said without elaborating.
Oil is the sinews of the modern life….
Unfortunately, this valuable substance which has been relatively recently introduced into man’s life is going to be exhausted.
China plans to double its energy consumption as its economy quadruples by 2020, officials said. Up to 1.4 billion tons of standard coal, an amount nearly equal to energy consumed by the nation last year, should be saved by 2020 when China meets its target of an all-around well-off society.
The current oil price boom is “significantly” different from the politically driven price spikes of the 1970s, Saudi Arabia’s energy minister said in London yesterday.
After a week of intense bargaining, Iran has again agreed to suspend its uranium enrichment program to avert United Nations sanctions, further undermining US-led international efforts to curb Tehran’s nuclear capabilities. And with the emergence of an ever-stronger partnership between China and Iran, Washington’s woes are far from over.
As part of Planet Under Pressure, a BBC News series looking at some of the biggest environmental problems facing humanity, Alex Kirby explores the challenge of feeding the world without destroying the planet
Between August and October, Iraq lost $7 billion dollars in potential revenues due to sabotage against the country’s oil infrastructure, according to Assem Jihad, spokesman of the Oil Ministry.
Environmentalists see some of their worst fears playing out as President Bush moves to cement a second-term agenda that includes getting more timber, oil and gas from public lands and relying on the market rather than regulation to curb pollution.
The inability of the Pennsylvania legislature to devise adequate funding for public transportation is but another sign of how far removed from reality Americans and their elected representatives are.
Some experts express even greater concern and caution that oil may run short much sooner than the IEA forecasts.
If oil production is about to peak, America’s transportation-dependent economy appears
headed for a crippling crisis in coming decades.