Energy

  • The Rio+20 theme is green economy for sustainable development.

    Asia Goes Green with Sustainable Investments

    The concept of “green growth” has been connected to the “green economy for sustainable development and poverty reduction,” which is the first theme of the Rio+20 United Nations Conference on Sustainable Development (UNCSD). In addition, making cities and human settlements inclusive, safe, resilient, and sustainable is becoming one of the 17 sustainable development goals proposed by the Open Working Group on Sustainable Development Goals targeted to replace the United Nations Millennium Development Goals which will expire in 2015.

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  • Good and bad news about recession-led reduced energy consumption

    Good News/Bad News from a Recession-Backed Energy Consumption Reduction

    Readers of the Financial Times would have recently encountered a story that encompasses the paper’s version of bad/good news when it comes to the oil business. According to the author Daniel Yergin, the bad news is that several major oil exporters are suffering from insurrection and civil war, which threatens global supplies. But, there is also good news:

    The sum of these risks is trumped by the old-fashioned forces of supply and demand. While there may be a surplus of geopolitical risk in the world, there is an even greater surplus of oil.

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  • Ten Reasons Intermittent Renewables Are A Problem

    Ten Reasons Why Intermittent Renewables Are A Problem

    While many people would like us to believe that wind and solar PV will solve all of our problems, the more a person looks at the question, the clearer it becomes that wind and solar PV added to the electric grid are part of the problem, not part of the solution.

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  • Fracking Fantasies: Has The Shale Bubble Already Burst?

    Fracking Fantasies: Has The Shale Bubble Already Burst?

    Just like the famous Gold Rushes of the 19th century, US shale gas development is turning out to be a limited and regional market opportunity. Across the Atlantic, the high financial and human costs to fracking also mean that Europe should forget any fantasies about repeating the US shale boom.

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  • Is Russia Building The Next Floating Chernobyl?

    Is Russia Building The Next Floating Chernobyl?

    Two years after the Fukushima Daiichi nuclear disaster, Russia is planning the construction of a new line of floating nuclear power plants that could power remote and arid areas of the country, but could also have dire consequences for the maritime environment should any mishaps occur.

    So much for the lessons of Fukushima. Never mind oil spills, the Russian Federation is preparing an energy initiative that, if it has problems, will inject nuclear material into the maritime environment.

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  • Rising Powers, Shrinking Planet: What’s Next in the Energy Debate?

    Rising Powers, Shrinking Planet: What’s Next in the Energy Debate?

    Most, if not all, wars have been trade wars connected with some sort of material interest. As geopolitical risks multiply and conventional energy reserves decline, could the accelerated development of renewable energy prove to be the only way to avoid an inevitable spiral of war and disaster? 

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  • Why Peak Oil Pundits Got It Wrong

    Why Peak Oil Pundits Got It Wrong

    Many investors believe that global oil production would start to decline from 2014-15, a prediction based on the so-called peak oil theory that the world demand for oil would soon outstrip supply and send oil prices through the roof. For several years in the middle of the last decade, as oil prices climbed past $100 a barrel and analysts were betting it would cross $200, peak oil pundits were sure they had it right.

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  • Why Renewables Can’t Fix Our Energy Woes: Gail Tverberg

    Why Renewables Can’t Fix Our Energy Problem: Gail Tverberg

    Despite its merits, the cost of renewable energy, in its current state, means that it is unlikely to become a viable primary energy source anytime in the near future. At best, renewable energy will serve only as a “fossil fuel extender”; though even then, renewables could eventually reach a limit.

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  • Junior Oil Companies: Making It Big In Canada? – Aroway Energy Interview

    Junior Oil Companies: Making It Big In Canada? – Aroway Energy Interview

    Junior oil companies may not have the reach, nor the resources, of major oil firms, yet some still manage to turn up massive profits – thanks to the economic principle that the management of small oil & gas properties are run more efficiently and profitably by small companies. In Canada, the junior oil & gas sector is thriving, particularly as more companies turn away from risky overseas venture and plant their feet firmly in homeland soil.

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