Russian scientists have determined that a massive crater discovered in a remote part of Siberia was probably caused by thawing permafrost. The crater is in the Yamal Peninsula, which means “end of the world.” It caught hold of the media spotlight in mid-July when it was spotted by oil and …
U.S. Accused of Forcing EU to Accept Tar Sands Oil
U.S. Accused of Forcing EU to Accept Tar Sands Oil By Carey L. Biron WASHINGTON, Jul 2014 (IPS) – Newly publicised internal documents suggest that U.S. negotiators are working to permanently block a landmark regulatory proposal in the European Union aimed at addressing climate change, and instead to force …
Obama Opens Eastern Seaboard to Oil Exploration
Breaking from Newsmax.com The Obama administration is reopening the Eastern Seaboard to offshore oil and gas exploration, approving seismic surveys using sonic cannons that can pinpoint energy deposits deep beneath the ocean floor. The move, which stands to create thousands of jobs to support a new energy infrastructure, dismayed environmentalists …
Energy and Capital: These 3 Solar Stocks Fight for $5.1 Trillion Payday
These 3 Solar Stocks Fight for $5.1 Trillion Payday These 3 Solar Stocks Fight for $5.1 Trillion Payday By Jeff Siegel | Wednesday, July 2nd, 2014 When asked why he robbed banks, Slick Willie Sutton said, “Because that’s where the money is.” I’ve always loved that quote, not …
The California Shale Bubble Just Burst
The California Shale Bubble Just Burst The great hype surrounding the advent of a shale gas bonanza in California may turn out to be just that: hype. The U.S. Energy Information Administration (EIA) – the statistical arm of the Department of Energy – has downgraded its estimate of the total …
What a win-win on unburnable carbon looks like
The recent IPCC report is clear: We need a dramatic change in the design of the global economy to avoid climate catastrophe and we need it now. The International Energy Agency estimates that to stay within 2 degrees Celsius of atmospheric warming, the global economy will have to avert emitting the carbon …
Predictions FROM Jeremy Leggett, author ENERGY OF NATIONS
The Energy of Nations. Since the 5 months the book has been out , here isan update on how the dramas are playing out :I finished writing the book during the Easter break a year ago. As you know,I made predictions about three systemic risks being run by the energyincumbency: …
Why a Melting Arctic Could Sink the Global Economy
Why a Melting Arctic Could Sink the Global Economy SOURCE: AP/Brennan Linsley An Inuit hunter and fisherman steers his boat past a melting iceberg and along a fjord leading away from the edge of the Greenland Ice Sheet. By Cathleen Kelly | Center for American Progress, March 19, 2014 Download the …
Oilprice article for Ethical Markets: New EPA Rule Requires Chemical Disclosure for Offshore Fracking
New EPA Rule Requires Chemical Disclosure for Offshore Fracking The U.S. Environmental Protection Agency published a rule on January 9, 2014 requiring oil and gas companies using hydraulic fracturing off the coast of California to disclose the chemicals they discharge into the ocean. Oil and gas companies have been fracking offshore California …
FOCUS: Juan Cole | Global Outrage at Dirty Coal Threatens Investors’ Profits
Reader Supported News | 23 November 13 It’s Live on the HomePage Now: Reader Supported News FOCUS: Juan Cole | Global Outrage at Dirty Coal Threatens Investors’ Profits Juan Cole, Informed Comment Cole writes: “The divestment movement on US college campuses against Big Carbon (coal, oil and gas) signals more …