Tag Archives: cash / price pressures

53 Million in ‘Emerging Markets’ Plunged into Poverty by Great Recession

A World Bank study has projected that the global financial crisis and resulting recession will plunge some 53 million people across "emerging markets" —like China and India— into absolute poverty, in 2009 alone. In China,…

UK Announces Plan for 40% Low-carbon Energy by 2020

The Labour party government of the United Kingdom has announced plans to establish an aggressive overhaul of national energy markets, shifting to 40% low-carbon energy sourcing, across all industries, by 2020. The energy secretary, Ed…

Chasing the Rainbow: Wall St. Gambled on Fictional Expansion-potential

The hardest thing to understand about the current, and deepening, economic crisis, is that it came about largely because some of the most experienced, well-staffed and prestigious financial institutions in the world gambled on untenable…

US Recession Takes Root as Job-loss, Housing, Banking, Energy Crises Converge to Slow Growth

CafeSentido.com :: The United States is firmly in the thrall of a banking meltdown, in which the normal structures, the means of measuring performance, and the meaning of debt-holdings, are all out of balance. More…

Food price crisis: more complex than first thought & putting food beyond the reach of the planet's poor

Food prices are skyrocketing. Initially, many put the blame on the rising demand of biofuels in the transport sector, but bio-ethanol is far from the only thing driving up food prices. New diets, soaring oil…

Renewable Energy Consumption & Electricity Preliminary 2007 Statistics

EIA Report: Renewable energy consumption declined 1 percent between 2006 and 2007 to 6,830 trillion Btu, according to preliminary 2007 data. In contrast, both total energy and non-renewable energy increased 2 percent. There was wide…

Pres. Bush Lifts Executive Ban on Offshore Oil Drilling, Challenges Environmentally-minded Congress

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…

Transparent Dyes Allow Windows to Act as Super-powerful Solar Panels

Special transparent dyes coating glass or plastic panes concentrate the Sun's rays, guiding them to solar-voltaic cells lining the edges, allowing a window to act as a solar panel with 10 times the electricity generation…

Wind Power Set to Become World's Leading Energy Source

In 1991, a national wind resource inventory taken by the U.S. Department of Energy startled the world when it reported that the three most wind-rich states —North Dakota, Kansas, and Texas— had enough harnessable wind…

Wind Energy Demand Booming

When Austin Energy, the publicly owned utility in Austin, Texas, launched its GreenChoice program in 2000, customers opting for green electricity paid a premium. During the fall of 2005, climbing natural gas prices pulled conventional…

Oil Shock: the Coming Economic Unraveling & How We Can Adjust

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…

Corn Ethanol is a Destructive Economic Force, Not the Basis of Our Energy Future

Corn-ethanol, long a fascination for US politicians and for the farm lobby that courts their support for ethanol subsidies, may play some role in remediating the economic fallout of soaring gasoline prices, though it seems…

Challenge on Food Front: Business-as-Usual Not a Viable Option

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…

Food Riots in Haiti, Protests in El Salvador, as Corn Prices Skyrocket

In a period of roughly 18 months, the price of corn across central American markets has doubled, making staple foodstuffs too expensive for many in the region. Today, what is described as an "angry mob"…