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August 13, 2008 :: l.johr :: No Comment Yet
Geothermal energy is increasingly being touted by scientists and researchers as one of the most efficient and environmentally friendly sources of power available. Currently, geothermal sources supply enough energy, 2,800 megawatts, to run 2.8 million American homes.
July 30, 2008 :: J.E. Robertson :: 3 Comments
With gasoline prices at record highs, and the strain on a weak American economy already at an extreme, Pres. Bush is pushing Congress to hold an “up-or-down vote” on renewed exploration of the Outer Continental Shelf (OCS) before its August recess. Opponents protest that none of any oil found there would be available for production for 10 to 15 years, and the OCS plan is an attempt to deliver oil firms an otherwise unjustifiable gift, taking advantage of the pressurized situation of exorbitant prices.
July 18, 2008 :: J.E. Robertson :: 4 Comments
The former vice president of the United States, Al Gore, yesterday announced an ambitious goal, which he says the nation can meet, of transitioning its entire domestic energy production to clean resources by 2018. The speech marks a major moment in the process of transition to the green technology boom, which will be the next step in the ongoing economic development of the United States and the world. Gore, however, warned that failing to meet the challenge to date means “the United States of America as we know it is at risk”.
July 17, 2008 :: J.E. Robertson :: No Comment Yet
Former US vice-president Al Gore is calling on the nation to marshal its resources and divorce itself from the combustible fuels economy. Gore says the US can produce all its energy requirements from renewable resources within 10 years, if action is taken. The bold initiative is designed to drive debate on the topic and move discussions about how to deal with high fuel prices toward the new opportunity they provide for funding renewable infrastructure development.
July 15, 2008 :: J.E. Robertson :: No Comment Yet
US pres. George W. Bush has lifted the executive ban on offshore oil drilling on the Outer Continental Shelf (OCS), and has challenged the US Congress to act to open the OCS to new oil exploration, saying the US needs to increase domestic production to reduce its dependence on imported oil. The ban was put in place by his father, George H.W. Bush, the 41st US president, for environmental concerns and in part because the oil companies have leases for huge expanses of underwater terrain they have not explored or exploited.
July 14, 2008 :: J.E. Robertson :: No Comment Yet
The chairman of the US Environmental Protection Agency (EPA), Stephen Johnson, says the Clean Air Act is “ill-suited” to fighting the greenhouse effect, and that Congress should pass laws mandating the regulation of carbon emissions, with global warming in mind. The move may lead to a more comprehensive regulatory regime, but as the Guardian newspaper notes: “Last year’s Massachusetts v. EPA Supreme Court ruling had found that greenhouse gases can be regulated under the U.S. Clean Air Act. The decision pressured the EPA to reconsider its refusal to regulate carbon dioxide emissions from new cars and trucks.”
July 9, 2008 :: staff :: No Comment Yet
Petroleum is the most pervasive base resource other than water in the global economy of the 21st century, and as demand is exploding, production is nearing its geological peak, and untenable price increases are hitting a strained economy hard. Oil prices could be in a stagflation lock, unable to readjust to consumers’ means, unable to compete as emerging energy sources repeatedly slash development and commercial prices. Whatever factors are at play, crude oil prices have jumped over 900% since 1998, and it looks like production cannot meet global demand.
July 7, 2008 :: J.E. Robertson :: No Comment Yet
The green technology transition is gaining momentum. Japanese auto manufacturer Toyota has announced it will add solar panels to some of its fleet of hybrid vehicles. The “high-end” third-generation Prius models will sport Kyocera-produced solar panels on the roof, aimed at assisting with powering the air-conditioning and other peripheral operations, freeing up battery energy to give the hybrid engines more non-combustion mileage.
July 7, 2008 :: admin :: No Comment Yet
As the United States emerges from its national independence celebration, traditionally a holiday when citizens across the nation take to the roads to visit family, friends or vacation sites, regular unleaded gasoline has hit a record high price of $4.11 per gallon. With some economists having forecast an unusually slow driving holiday, and anecdotal reports […]
June 24, 2008 :: staff :: No Comment Yet
The New Scientist magazine this week heralds a ‘plan B for biofuel’, making the case that starch-based ethanol fuels, like corn ethanol in the US, may drive up food prices, but a new generation of biofuels will sidestep the problem and help ethanol live up to its promise. “The corn required to fill an SUV tank with bioethanol just once could feed someone in Africa for a year” reports the UK-based magazine, but most biomass is not the starch currently being used to create bioethanol.
June 23, 2008 :: J.E. Robertson :: 2 Comments
In a speech today in California, Sen. John McCain (R-AZ) pledged to create a fund to grant $300 million to anyone who can invent a significantly more powerful car battery, which would make hybrid and electric automobiles more viable as a replacement for petroleum-fueled cars, and promised to give $5,000 tax credit automakers for every zero-emissions vehicle sold. He also demanded that automakers help make every new car “flex-fuel” vehicles, and speed the move away from petroleum powered automobiles.
June 23, 2008 :: staff :: No Comment Yet
A fast-unfolding food shortage is engulfing the entire world, driving food prices to record highs. Over the past half-century grain prices have spiked from time to time because of weather-related events, such as the 1972 Soviet crop failure that led to a doubling of world wheat, rice, and corn prices. The situation today is entirely different, however. The current doubling of grain prices is trend-driven, the cumulative effect of some trends that are accelerating growth in demand and other trends that are slowing the growth in supply.
May 26, 2008 :: J.E. Robertson :: One Comment
According to the Financial Times, the United States is, however gingerly, beginning to break its dangerous reliance on foreign-sourced petroleum-based fuels. Foreign oil has been a major driving force in US economic and political trends for the better part of a century, and many in the US, both in politics and in private life, are increasing their calls for the country to move away from the resource that’s sown so much instability and propped up undemocratic regimes.
March 4, 2008 :: staff :: No Comment Yet
At its current growth rate, global installed wind power capacity will top 100,000 megawatts in March 2008. In 2007, wind power capacity increased by a record-breaking 20,000 megawatts, bringing the world total to 94,100 megawatts—enough to satisfy the residential electricity needs of 150 million people. Driven by concerns regarding climate change and energy security, one in every three countries now generates a portion of its electricity from wind, with 13 countries each exceeding 1,000 megawatts of installed wind electricity-generating capacity.
February 16, 2008 :: J.E. Robertson :: No Comment Yet
The coming green, renewable resource economyThe private investment fund Ceres, a group of institutional investors, has promised to devote $10 billion to investment in clean energy sources. The news comes as 3 of the world’s major oil companies call for coordinated policy on how to face climate change, constrain emissions, and a couple of months after 150 global corporations asked for a major boost in subsidized research into transitioning to clean energy technologies.
December 3, 2007 :: admin :: No Comment Yet
TheHotSpring.com :: Between the years 2008 and 2020, we are likely to see a still unimaginably sweeping shift away from fossil fuels and high-contamination modes of powering our economy. The transition will have a political component, but will be driven mostly by cost concerns, resource scarcity, and public demand for cleaner air and responsible […]
September 23, 2007 :: l.johr :: No Comment Yet
The race to tap large quantities of underground, geothermal energy is heating up. In a recent bid to solve their country’s demand for clean energy, the Swiss are digging deep, and the Earth is responding. A scientist at MIT, in the US, says 40% of US geothermal sources could power the entire country’s energy needs in excess of 56,000 times.
March 19, 2007 :: staff :: No Comment Yet
Investment in fuel ethanol distilleries has soared since the late-2005 oil price hikes, but data collection in this fast-changing sector has fallen behind. Because of inadequate data collection on the number of new plants under construction, the quantity of grain that will be needed for fuel ethanol distilleries has been vastly understated. Farmers, feeders, food processors, ethanol investors, and grain-importing countries are basing decisions on incomplete data.
November 22, 2005 :: J.E. Robertson :: 2 Comments
The global economy in its present form is not only full of and forced to deal with problematic distortions; it has come to depend a great deal on the “bubble” effect of certain miscalculations and manipulations. Assumptions built into weak threads in the economic web mean that markets are not able to set prices or distribute wealth at sustainable levels.
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