Archive for the 'Energy' Category
Oil States Say No Talks on Replacing Dollar
October 6th, 2009“America and Britain must be very worried. You will know how worried by the thunder of denials this news will generate.” —Robert Fisk’s Chinese Banking Source That didn’t take long. Via: Reuters: Big oil producing nations denied a British newspaper report on Tuesday that Gulf Arab states were in secret talks with Russia, China, Japan […]
France Decides to Become a World Leader in Electric Vehicles
October 6th, 2009Here’s some very necessary context for this story: Nuclear power in France. Via: AFP: France launched the “battle of the electric car” Thursday as it unveiled plans to invest 1.5 billion euros on infrastructure for the two million electric and hybrid cars it wants on the road by 2020. “No player can take the risk […]
Fisk: Arab States, China, Russia and France Moving to Stop Using U.S. Dollar for Oil Trading
October 6th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. I have absolutely no doubt that the Chinese are aware of their ability to flip the kill switch on the U.S. economy. I also have no doubt that, while the blowback would be severe for them, it would be nothing compared […]
U.S. Justice Department Investigates Former Secretary of the Interior’s Ties to Shell
September 19th, 2009Via: New York Times: The Justice Department is investigating whether a former secretary of the interior, Gale A. Norton, violated the law by granting valuable leases to Royal Dutch Shell around the time she was considering going to work for the company after she left office, officials said Thursday. The officials said investigators had recently […]
60 Minutes: Cold Fusion Is Hot Again
September 16th, 2009Watch CBS Videos Online
Oilsands Emit More Greenhouse Gas Emissions Than Some European Countries
September 15th, 2009Just wait until they hook up a few nuclear power plants to that apocalypse. Welcome to Alberta: “The worst of all worlds.” Via: CBC: Alberta’s oilsands produce more greenhouse gas emissions than some European countries right now and will produce more than all of the world’s volcanoes in just 11 years if the pace of […]
Venezuela to Develop Nuclear Energy With Russian Help
September 14th, 2009Via: Bloomberg: Venezuela President Hugo Chavez said the South American country plans to develop a nuclear energy program with Russia and doesn’t want to build an atomic bomb. Chavez said that the country’s oil and gas reserves won’t last forever and the government will seek alternative energy sources. Russian Prime Minister Vladimir Putin agreed to […]
First Solar to Build 2-Gigawatt Power Plant in China
September 9th, 2009Via: Reuters: First Solar Inc said on Tuesday it plans to build the world’s largest solar plant in China in the first major foray by a U.S. company into the Asian nation’s fast growing alternative energy sector. Under a memorandum of understanding with the Chinese government, First Solar will build a 2-gigawatt power plant, enough […]
Japan to Build Space Based Solar Power System; Just Don’t Hold Your Breath Waiting for It
September 4th, 2009Via: Bloomberg: Mitsubishi Electric Corp. and IHI Corp. will join a 2 trillion yen ($21 billion) Japanese project intending to build a giant solar-power generator in space within three decades and beam electricity to earth. A research group representing 16 companies, including Mitsubishi Heavy Industries Ltd., will spend four years developing technology to send electricity […]
Natural Gas Dips to Lowest Since March 2002 on Inventory Gain
September 4th, 2009Via: Bloomberg: Natural gas futures fell in New York to the lowest level since March 2002 after a government report showed stockpiles expanded more than average to a record for this time of year. Supplies rose 65 billion cubic feet in the week ended Aug. 28 to 3.323 trillion cubic feet, the Energy Department said. […]
