Insight and inspiration in turbulent times.
Short of radically altering America’s driving habits, the United States cannot achieve energy independence without spending billions of dollars on new initiatives. And no political consensus exists to spend those sums despite decades of promises to cut oil imports. But new plans are emerging that might sway lawmakers.
With oil reaching a record-high $54 a barrel and natural gas doubling in price in the last two years, renewable energy is looking a lot better – not just on environmental merits but on price.
China, plagued by a persistent energy shortage, is drafting a law requiring power companies to buy electricity generated by green energy sources, the China Daily said on Thursday.
Energy tycoon Boone Pickens says “we’ve seen $40 oil for the last time” and expects “$10 natural gas” probably within “four months”
The competition between energy and environmental needs in Niger has taken centre stage of late, with authorities seeking to promote the use of coal in a bid to halt deforestation in the North African country.
“With the price of oil above $50 a barrel, with political
instability in the Middle East on the rise, and with little
slack in the world oil economy, we need a new energy strategy,”
says Lester R. Brown, president of the Earth Policy Institute, a
Washington, DC-based research institute. “Fortunately, the
outline of a new strategy is emerging with two new technologies.”
The following article is NOT another energy conservation rehash. It is new and contains a substantial portion of energy conservation that has yet to be accounted for in the total energy conservation picture. These 4 new products represent a 50%+ savings in residential hot water. That is a lot of energy. This information needs to get out there.
Thanks
Michael Lucking
Peter Davies, the vice chairman and chief economist of BP said: “Wind and solar energies are only in the minds of scientists at the moment. They are not in the market now, but they may be in 50 years.”
THE Government will fail to hit its target of generating 10% of the country’s energy from renewable sources by 2010, senior industry figures have told Financial Mail on Sunday.
A treasure chest of downloadable presentations on Peak Oil topics, including OPEC, energy and equity, alternative energy, and hydrogen.
Eight-page report on the Association for the Study of Peak Oil and Gas (ASPO)conference this May in Germany…Our conclusion from the meeting? Peak Oil is real, and it’s getting closer.
The UK is to encourage the production of biomass, crops grown specially for use as environmentally-friendly fuels.
