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June 27, 2008
Biomaterials Increasingly Driving Investment Interest
Biotechnology offers some of the best opportunities to
create a more sustainable world, with applications as diverse as new
sources of energy, new materials for industrial and consumer uses and
high quality agricultural products with better production economics
California Unveils Major Plan to Slash Emissions
California on Thursday took a major step forward on its
global warming fight by unveiling an ambitious plan for clean cars,
renewable energy and stringent caps on big polluting industries.
China to Accelerate Shut-Downs of Small Thermal Power Units
Statistics show that China has so far closed down 23.51 million kWh of small
thermal power generating units since 2006, accounting for 47 per cent of the
total to be closed down in the "11th Five-Year Program" period. After these
shut-downs, China can save 29.6 million tons of coal and cut sulfure dioxide
discharge by 500,000 tons a year.
Climate Change Study Promotes Progressive Strategy To Reduce CO2
Emissions While Reducing Payroll Taxes
The U.S. can reduce CO2 emissions and create a
path to limit their atmospheric concentrations to levels considered safe
for the global climate, by introducing carbon-based taxes and offsetting
their costs for most households, according to a study ..
Credit Suisse takes on green economic plan for clients
Credit Suisse is adopting the Carbon Principles, a program that allows
financial institutions to address environmental and economic risk management
associated with construction of coal-fired power plants.
Critics--
Energy Goal Too Low
North Carolina took a radical step a year ago, requiring that as much as
12.5 percent of electricity in the state come from solar power, other
alternative sources and conservation programs.
Hailed as a victory for environmentalists, it was the first such requirement
in the Southeast. It seemed so daring that Progress Energy officials warned
that the energy conservation goal might be unrealistically high. Gov. Mike
Easley expressed doubt that it was achievable.
But a year seems like an eon ago.
DOE signs 3 operating contracts for power plants construction in
Catanduanes
MANILA--The mini-hydropower projects will contribute to
our goal of achieving energy independence by reducing the dependency on
imported fuel. More importantly, the projects will utilize a renewable
form of energy, therefore giving us benefits through the reduction of
carbon dioxide emissions," said Energy Secretary Angelo Reyes.
Drastic headway necessary to make 25pct energy in 2025
The United States must make dramatic progress in renewable energy
technology if it hopes to produce 25 percent of its electricity and motor
vehicle fuel from renewable sources by 2025 without significantly increasing
consumer costs, according to a new RAND Corp. study.
Eastern Ontario Is Canada's Green Energy Patch
"The province became a leader in North America by
implementing the Renewable Energy Standard Offer. Ontarians with power line
access can produce and sell clean power to the grid."
Energy Dept. plans to invest in clean coal power facilities
The U.S. Energy Department issued a formal announcement on June 24 that
it is looking to invest in multiple commercial-scale integrated gasification
combined cycle (IGCC) or other clean coal power plants with carbon capture
and storage technology.
Europe broadens definition of HW, treats 74 million tons
"Waste management, especially hazardous waste, has always been given its
share of importance in Europe," said Frost & Sullivan research associate
Karthikeyan Ravikumar.
Forget Cap and Trade, A Carbon Tax Is Better
Any legislation that could be passed by this Congress
this year and not vetoed by President Bush will have far less impact on
consumer behavior than market forces are already achieving. Republicans
in Congress have a decent point when they say the last thing consumers
need right now is even higher prices due to federal legislation (though
higher prices in the short and mid-term would likely lead to longer-term
cost savings for consumers as alternatives came online in a big way).
Gust of energy needed to procure wind power jobs
Action is necessary to advance the future of wind power and the jobs it
promises.
A lot of studies show the potential for the number of "green" jobs, but
a big effort is required to actually get those employment
opportunities...
Inbox 062608
Battery Bonanza: As I see it, Republican
presidential nominee John McCain's
proposal to create
a $300 million prize to stimulate development of a more
efficient battery to power electric cars and hybrids hits
the nail on the head.
Kenya calls for affordable electricity in Africa
The Kenyan government on Tuesday urged stakeholders in power generation and
distribution to come up with quick solutions to the challenge of ensuring
that many people in Africa have access to electricity at affordable prices.
Key Facts About the Disappearing Aral Sea
The Aral Sea, once the world's fourth largest lake, has shrunk by 70 percent
in recent decades in what environmentalists describe as one of the worst
man-made ecological disasters.
Leaders Asked to Relax Grip On Energy Sector
African governments must loosen their grip on power utility companies to
forestall an acute shortage of energy that could slow down growth in budding
economies, experts warned.
Major Greenhouse Gas Cuts Achievable If We Deploy All Technologies
The U.S. electric power sector is committed to working
with Congress towards enactment of economy-wide climate legislation that
will produce substantial emissions cuts by 2050, EEI President Tom Kuhn
said recently. But emissions targets and timetables must be premised on
utilities' ability to bring a full suite of technology options to bear, or
consumers will face dramatically higher energy bills than would otherwise
be the case.
Major Increase In Ocean Acidity Due To CO2
According to a new report recently published by an
international team of in the online journal Science Express, the ocean
is becoming more acidic off the western coast of North America. The
study, conducted in the Summer of 2007, found evidence that corrosive
water, a direct result of the ocean's CO2 absorption, exists less than
20 miles off the coastline.
Myanmar Cyclone Toll Rises to 138,000 Dead, Missing
More than 138,000 are dead or missing from the
devastating cyclone that struck Myanmar last month, the government said
on Tuesday, according to an Asian diplomat.
New 'carbon revolution' urged to slow warming
The world needs a shift as radical as the Industrial Revolution to cut
greenhouse gas emissions by 2050 while safeguarding economic growth, the
McKinsey Global Institute said on Thursday.
Offshore Technology Opportunities are Limited by Narrow Minded
Approaches
What is absolutely needed is a completely new approach,
a broader approach, a more holistic approach to the ocean as a unique
ecosystem and a deeply challenging environment rather than just another
power plant opportunity.
Power
Prices High Despite Rain
Hydro-power lake levels are holding up at 55 per cent of average, with more
rain expected in the next few days, but wholesale power prices remain
stubbornly high.
Renewable Energy a 'Finance-driven' Industry
Although the renewable energy industry saw over US
$100 billion in global market activity, 14 percent of global venture capital
investment and accounted for roughly one-third of new U.S. electrical
generation capacity last year, the industry is still very far from
maturation. But America's financial leaders are helping change that.
Report of Solar-Geophysical Activity 062608
No flares occurred during
the past 24 hours and the solar disk continues to be spotless.
The geomagnetic field ranged from quiet to active levels during the
past 24 hours. Conditions were initially unsettled but increased to
predominantly active levels from 0000-1500Z. A particularly notable
substorm was observed between 0900-1200Z, which elevated some high latitude
sites to storm level activity.
Researchers develop window capable of generating electricity
South Korean researchers and Samsung SDI Co. said Tuesday that they have
developed a window that can be used to generate electric power.
Researchers Find Latrines Trounce Toilets In Global Sanitation Efforts
While Americans may consider flush-and-forget-it indoor plumbing to be the
pinnacle of sanitary science, the lowly latrine could be a far better
solution for many parts of the developing world, say researchers at
Michigan Technological University.
Rising Temperatures Force Many Plants Higher - Study
More than two-thirds of the plants studied along six West European mountain
ranges climbed an average of 29 metres in altitude in each decade since 1905
to better conditions on higher ground, the researchers reported in the
journal Science.
Sacred fire lights the Wabanaki Confederacy
Penobscot Indian Nation Chief Kirk Francis opened the
annual Wabanaki Confederacy conference with a call for self-reliance,
solidarity and a strategy among the tribes to deal with increasing threats
to sovereignty from states and courts.
Scientists predict more extreme weather as GHG builds
The United States and North America likely will see more weather extremes
including floods, droughts, intense hurricanes and unusually warm weather in
the years ahead, government scientists recently warned.
Storing the Sun-- Molten Salt Provides Highly Efficient Thermal Storage
Despite their widespread use, solar technologies suffer
the limitation of most renewable technologies: an unpredictable
operating profile due to weather variations. However, using the highly
efficient properties of molten salt for heat transfer, one technology
insulates electricity production from weather volatility and, more
importantly, it offers the capability to dispatch electricity as needed
without requiring the use of natural gas.
UK's Brown Launches 'Green Revolution' Energy Plan
Britain set out plans on Thursday for a tenfold increase
in renewable energy within 12 years in a scheme welcomed for its
ambition but criticised for lacking concrete policies to cut carbon emissions and reduce
dependency on fossil fuels.
US Halts Uranium Mining Near Grand Canyon
Uranium mining near the rim of the Grand Canyon in
Arizona was halted for three years by a 20-2 vote Wednesday in a US
House of Representatives committee..."This emergency action will help
prevent uranium mining from harming the Grand Canyon and polluting
drinking water for millions,"..
US Man Attacked, Eaten by Mountain Lion
A mountain lion attacked, killed and partially ate a New
Mexico man, authorities said on Tuesday.
US Not on Board for 2050 Emissions Cut Goal - Source
Japan has yet to persuade the United States to agree to
a global goal of cutting greenhouse gas emissions by 50 percent by 2050
at a G8 leaders' summit, a Japanese government source said on Thursday.
Utilities
Cut Off More Homes
As skyrocketing food and gasoline prices strain budgets, utilities are
disconnecting many more customers who fall behind on their bills, and even
moderate-income households are being turned off.
Wisconsin to cut mercury emissions, other pollutants
The rule targets mercury emissions from coal-burning electric utilities.
Mercury is released from smokestacks and falls into surface waters where it
enters the food chain and concentrates in fish and other wildlife.
June 24, 2008
1988 and 2008-- Climate Change Turning Points
Exactly 20 years have passed since Dr. James E. Hansen
of NASA first testified to Congress on June 23, 1988 that global
temperatures had risen beyond the range of natural variability. Waiting
another 20 years before taking decisive action is not an option.
A Take on the Recent Jeddah Energy Meeting
What did this meeting actually achieve? Apart from
bringing together major consumers and producers from around the world,
perhaps hoping to take home some good news, Saudi Arabia announced that
oil output would increase by 200,000bpd to 9.7mbpd and if the delegates
had expected something significant to suppress the oil this was not it
Abandoned farmlands are key to sustainable bioenergy
Biofuels can be a sustainable part of the world's energy
future, especially if bioenergy agriculture is developed on currently
abandoned or degraded agricultural lands, report scientists from the
Carnegie Institution and Stanford University. Using these lands for
energy crops, instead of converting existing croplands or clearing new
land, avoids competition with food production and preserves
carbon-storing forests needed to mitigate climate change.
Agency
must buy alternate power
With drought years stacking up and wet years becoming sparse, the federal
agency that markets hydropower from Army Corps of Engineers dams might have
to rethink its contracting procedures.
Australian Government's $1 Billion Plan To Help Secure Cities' Water
Supplies
The Australian Government will provide $1 billion over six years to help
secure water supplies for working families and businesses through
desalination, recycling and stormwater harvesting.
Big Businesses Seek Out Solar as Sector Heats Up
Big business is officially going solar.
This month, several of the world's biggest technology and manufacturing
companies -- including Intel Corp and International Business Machines Corp
-- made major moves into the burgeoning solar power business.
Bill to lift solar power halted by Republicans
The solar energy industry is poised to pump billions of dollars into the
Nevada economy and create thousands of jobs -- but advocates say the Senate
on Tuesday shot down a bill needed to give the sun power industry a
jump-start.
Britain seeks Middle East energy investment - UK's Brown
British Prime Minister Gordon Brown called on Sunday for cash-rich Gulf
nations to invest in renewable and nuclear energy production in Britain and
elsewhere.
Building on Nixon's 'new' Indian policy
A mystery of modern Indian policy is why
President Richard Nixon introduced self-determination policy. Until Nixon's
Indian policy, termination and assimilation ruled in Indian affairs. One
might argue that federal Indian policy has not lived up to his vision.
California Fights 400 Fires, Bakes in Heat Wave
Firefighters worked to contain some 400 wildfires
burning across Northern California on Sunday as the state baked under a
fourth day of an early summer heat wave that has strained the power grid
and left residents wilted.
Capturing carbon dioxide may raise bills
Capturing and storing carbon dioxide to lower greenhouse gases and protect
the planet is likely to raise household electricity bills and pose certain
risks, an environmental leader acknowledged Sunday.
China on Pace to Become Global Leader
China likely will achieve-and even may exceed- its target to obtain 15% of
its energy from renewables by 2020, according to a report released by the
Worldwatch Institute, Washington, D.C.
Clean-Coal Power Supporters Blame ComEd for Defeat ; Technically,
Measure Still Hangs By Thread in Legislature
A $2.5 billion clean-coal power plant proposed near Taylorville is on
indefinite hold after a last-minute legislative defeat.
Cutting Carbon
in Cities
America's growth spurt will require more energy. But
economic development and environmental progress do not need to be in
conflict with one another. Indeed, the country is not helpless when it
comes to fighting the effects of climate change, according to a report
by the Brookings Institution.
Doubts Over Green
Power
South Wales Evening Post--Householders who sign up to green fuel tariffs may not be getting their
electricity from renewable energy sources, consumer group Energywatch has
said.
It has urged suppliers to come clean on just how green their tariffs are.
DTE to help cars run on electricity-- Utility joins group that fosters
research
The organization's goal is to foster research and development that leads to
vehicles powered by alternative fuels and electricity, and to remove the
idea that green vehicles are a luxury niche for a few, said Alexander
Karsner, U.S. assistant secretary of energy efficiency and renewable energy.
Electricity Generation Blowing in New Direction
Wind energy holds big promise for Indiana, with the potential to electrify
up to 10 million homes at any given time, virtually pollution-free.
EU Carbon Trade Offers Cautionary Tale to U.S.
As the United States moves toward action on global warming, practical
experience with carbon markets in the European Union raises a critical
question: Will such systems ever work?
Extreme Floods, Storms Seen Increasing in North America
Floods, droughts and severe storms are likely to ravage
North America more frequently as emissions of planet-warming gases rise,
according to a US government study.
Generating green power to sell to LIPA
Businesses and other nonresidential power consumers will be able to sell
electricity to utility companies around the state that they generate by
solar, wind or other renewable-energy-powered equipment under legislation
passed this week by the State Legislature.
Government says ethanol not affecting fuel, food prices
Ethanol refiners feel vindicated by the federal government´s response to
questions regarding biofuel´s impact on U.S. food and fuel prices.
Grow your own
All parts of this chain are currently the subjects of avid research and
development. Some biofuels were already competitive with oil products even
at 2006 oil prices (see table 5). The R&D effort will bring more of them
into line, as will any long-term rise in the price of crude oil.
High oil prices are 'destroying' demand-- OPEC's Khelil
OPEC is "concerned" over oil high prices as they are eating into demand
for its crude, current OPEC President Chakib Khelil said Tuesday.
How Much US Crop Acreage Lost to Floods?
Tracking the amount of US corn and soybeans lost to the
worst flooding in 15 years for the US Midwest, one of the world's key
food production areas, will be a daunting task, crop specialists said on
Friday.
Key
barrier seen to 'green' power
The dearth of power lines in remote areas where the wind blows hardest and
the sun shines brightest stands as a major barrier to the nation's use of
renewable energy, a Senate committee was told on Tuesday.
Major Cities Can Take Climate Change Lead - Study
The world's major cities are also among the planet's
worst polluters but they have the solutions to most of their problems at
their fingertips, a leading environmental consultancy said on Monday.
McCain looks to 'break the back of' US oil dependency
US Senator John McCain, Republican-Arizona, called Monday for changes to
the country's biofuels and fuel economy policy that he said would help
"break
the back of our oil dependency."
Mexico Facing Water Shortage With Conservation Technology
The country has
had water trouble for as long as anyone can remember. Now Mexico is drying
up, and has been cut off from much of the water that used to flow from the
U.S.
Netherlands to Invest Huge in Renewable Energy
The Dutch government said it will invest 7.5 billion euros in energy supply
between now and 2011 with priority given to renewable energy, energy saving
and CO2 reduction in order to reduce the country's dependency on oil and
gas, Dutch newspapers reported on Thursday.
Nuclear Cost
Estimates
The rising cost of materials and labor has the potential to put an end to
the nuclear renaissance before it ever gets started. Company estimates that
have been released show costs for an individual unit could be as high as $12
billion, and one consultant expects those estimates could rise if material
prices continue to escalate.
Obama calls for more regulation of energy speculators
Senator Barack Obama, the Democratic presumptive presidential nominee,
has called for tighter regulation of energy markets and speculators as a way
to rein in commodities prices.
Portland to Invest in Energy Efficiency ; With Annual Costs at $8.3
Million and Rising Fast, the City Will Retrofit Buildings to Save on
Heat and Power
Old furnaces will be replaced. Heating and lighting controls will be
installed. Windows and doors will be weather-stripped.
Power plant is ground zero in battle of energy vs. environment
By any standard, it is the biggest environmental controversy in Virginia
today -- a $1.8 billion power plant, proposed by the state's largest
electric company, in the heart of coal country here in mountainous southwest
Virginia.
Power prices put business on back foot
Many of Australia's largest companies are delaying
projects due to rises in energy costs of between 25% and 100%.
Power to People of Iraq ; Saddam's Generators Claimed after 18 Years
A power plant built on Tyneside for Saddam Hussein is finally going to Iraq
- after sitting in a Tyneside warehouse for 18 years.
Two turbine generators were part of a pounds 70m order from Tyneside
engineers Northern Engineering Industries from the Iraqi government back in
1990.
Quote of the
Day 062408
"In my opinion there is no need to keep any more ceilings
for production, because it's very clear that, if there was no ceiling, the
market will adapt much faster to the [price] impact and we could expect
prices to go down."
The European
Commission plans to ask OPEC producers Tuesday to abolish their crude
production targets as part of measures to help reduce record oil prices, EU
Energy Commissioner Andris Piebalgs said, although senior OPEC officials
said there was little they could do to bring prices down
Race, affiliation and sovereignty '08
Race has been and will
continue to be an issue in this year's national elections. But now it
seems that tribal affiliation can be added to the list of candidate
policy positions.
Renewables Dream Could Lie in Tatters
The Plymouth (UK)--Hopes of the Westcountry becoming a global leader in green energy could be
dashed by complex red- tape and an ancient National Grid network, MPs warn
today.
Russia Must Act Now on Environment - Medvedev
Parts of Russia will be uninhabitable within the next
three decades if the country does not take better care of the
environment, Russian news agencies quoted President Dmitry Medvedev as saying on Saturday.
Sandia Researchers Say Worldwide Water Shortage On Horizon
A crisis is looming over water shortages worldwide. By
2025 more than half the nations in the world will face freshwater stress
or shortages and by 2050 as much as 75 percent of the world's population
could face freshwater scarcity.
Silicon stable following Globe's conversion to FeSi production
Silicon prices remained stable in the US this week, even as some
consumers braced themselves for a squeeze on material following news that
the
country's largest silicon producer, Globe Metallurgical, will convert
silicon
production from a furnace at its Beverly , Ohio plant to ferrosilion output.
Some See Human Link in Severity of US Floods
Natural disasters like floods are normally blamed on
nature, but some experts believe humans are at least partly responsible
for this month's massive flooding in Iowa and elsewhere in the US farm
belt.
Tennessee Valley Authority ignored duct leaks, audit finds
The Tennessee Valley Authority failed to alert regulators to significant
duct leaks in its coal plants over the past five years to keep the power
plants running, according to TVA's inspector general.
Turbine Giants Going Seriously With the Wind
The gigantic structures tower 300 feet tall, weigh 1,000 tonnes and have
blades that span an area the size of the London Eye. These five-megawatt
wind turbines are among the largest in the world and are precisely the type
of supersized structures designed to be built offshore.
UK government set to launch GBP100 billion renewables strategy
The UK government will launch this week a GBP100 billion ($200 billion)
renewables strategy, Prime Minister Gordon Brown confirmed Sunday. Brown
said
the GBP100 billion investment is required for Britain to reach its EU target
of sourcing 15% of its energy from renewables by 2020.
UK's Brown to Open Energy Markets to Overseas Investors
Prime Minister Gordon Brown pledged on Sunday to open
Britain's energy markets to foreign investors in a "new deal" designed
to promote clean energy and end a conflict of interest between oil
producers and consumers.
US House bill excludes amendment on US imports of Russian uranium
A legislative provision that would have linked US import limits on
Russian low-enriched uranium to additional downblending of Russian
high-enriched uranium was not included in a funding bill passed by the House
of Representatives late Thursday.
US Midwest floods may raises coal, electricity prices-- Barclays
Flooding in the Midwest has halted coal deliveries to utilities, possibly
leading to an increase in off-peak power prices in the Midwest Independent
System Operator, the PJM Interconnection, and Southeast US markets, Barclays
Capital said Friday.
US senator offers bill to expand CFTC oversight, boost margins
US Senator Byron Dorgan on Tuesday introduced legislation he hopes will
lower soaring oil prices by expanding the Commodity Futures Trading
Commission's oversight of all petroleum markets and increasing margin
requirements for speculators.
US Supreme Court to Decide Navy Sonar Appeal
The US Supreme Court said on Monday that it would hear a
Bush administration appeal of a ruling that restricted the Navy's use of
sonar off the southern California coast because the training exercises
could harm endangered whales and other marine mammals.
US-based energy company acquires 50 per cent of Henan power plant
United States-based energy company AEI has bought a 50 per cent stake in a
power plant in Henan province, a rare deal in the mainland's
profit-challenged power sector.
Water Industry Leaders Launch Water Policy Institute To Address Current
Challenges
A consortium of water leaders has announced the
formation of The Water Policy Institute. Chaired by former EPA
Administrator and New Jersey Governor Christine Todd Whitman, the
Institute will address water-related issues and provide information to
the public through its website.
Water Reuse
in Florida, USA
The US wastewater minimization market is highly affected
by a few key drivers: pollution prevention, water recycling, and water
reuse. These drivers have been brought about by water shortages,
increasing population, and more stringent environmental regulations --
all of which increase the cost of clean water and lead to the reduction,
and the need for more efficient use, of water supplies.
What water well owners need to know about drugs in water
Recent news reports about the presence of drugs in America's water supply
have created some public concern over the safety of water, but there are
basic steps that the owners of private household water wells should always
take to reduce risk to their drinking water, said David M. Newlin,
watershed project director of the Little Colorado River Plateau RC&D.
Worst Over for Missisippi Flooding, Losses Tallied
The swollen Mississippi River's crest rolled downstream
on Saturday, sparing St. Louis from major flooding but leaving billions
of dollars in damage to crops, houses and infrastructure further north.
WRT Helps Re-activate Dormant Wells In Lawrenceville, GA
Compounding the drought issue, many of Northern Georgia’s previously
operating wells had been taken out of service due to high levels of
radionuclide
contamination, which can be caused by high levels of naturally occurring
uranium or radium, and other radioactive materials in the ground geology.
June 20, 2008
A Silver Bullet For High Gas Prices
A new report from the Institute for Local
Self-Reliance (ILSR) proposes what the group said could be a silver bullet
to kill the United States' oil addiction. "Driving Our Way to Energy
Independence" envisions a near term, dual-fueled transportation system, 75
percent powered by electricity and 25 percent by biofuels.
An Open Letter to the EPA on Whether We Should Give Up on Renewable
Fuels
The purpose of the Renewable Fuels Standard is to
reduce our dependence on fossil fuels, reverse the effects of greenhouse gas
emissions, and eventually end the toxic releases from petroleum, coal, and
other fossil fuels. The idea is to replace these fuels with clean
alternatives like ethanol, which, unlike fossil fuels, are based on captured
solar energy that is constantly renewed.
As Americans drive less, highway revenue is drying up
Americans are driving less, the US Department of Transportation said
Wednesday, continuing a six-month trend. Overall vehicle miles on all
public roads fell 1.8% year-over-year in April, and year-to-date mileage
is down 2.1% compared with 2007.
Australia Food Bowl Areas 'Beyond Repair in Months'
Parts of Australia's key Murray-Darling river food bowl
may be beyond recovery unless a prolonged dry spell and political
wrangling over water use ends by October, a leaked scientific report
warned on Wednesday.
Bingaman-- energy law not meant to block US from purchasing Canadian oil
sands
In a boost for the oil industry, the Senate's top energy lawmaker said in
the week ended June 13 that he supports House-passed legislation that would
make it easier for the federal government to buy high-emissions fuels made
from Canadian tar sands.
Biofuel needed to prevent greater oil price rises, say producers
Crude oil prices could move even higher if biofuel subsidies were to be
scrapped, biofuel proponents told Platts this week in response to recent
criticism that biofuels is responsible for around one-third of recent food
price increases.
Bush call on oil shale development stirs political pot in West
Colorado Governor Bill Ritter Wednesday hit back against President George
Bush, who on Wednesday proposed that federal controls on oil shale
development
be removed.
Car parts maker fined for toxic waste violations in 5 states
Dana Corp., an Ohio-based auto parts manufacturer, has agreed to pay more
than $125 million in environmental claims brought by the federal government
for cleanup costs and civil penalties associated with six Superfund toxic
waste sites in five states.
Changing climate will lead to more extreme weather-- Report
The U.S. Climate Change Science Program and the
Subcommittee on Global Change Research today released a scientific
assessment that provides the first comprehensive analysis of observed
and projected changes in weather and climate extremes in North America
and U.S. territories.
China's booming PV market-- Filled with smoke and fire
With ten highly prominent initial public offerings
(IPOs) racked up already, China's solar energy industry is poised to make a
major impact on worldwide polysilicon capacity and solar cell production.
However, determining who will succeed...
China's Wind Power Industry-- Blowing Past Expectations
At the end of 2007, China's installed base of wind power totaled just over 6
gigawatts (GW), making China the fifth largest producer of wind power, after
Germany, the U.S., Spain and India.
DOE Seeks to Invest up to $90 Million in Advanced Geothermal Energy
Technology and Research
The U.S. Department of Energy (DOE) today issued a Funding Opportunity
Announcement (FOA) for up to $90 million over four years to advance the
research, development and demonstration of next-generation geothermal energy
technology which will harness the earth $B!G...
Energy leaders plan shift from high-carbon to low-carbon
The world’s energy sector is in the throes of a transformation from
high-carbon to low-carbon, but the scale of the challenges remains daunting,
according to clean energy insiders who attended the first New Energy Finance
Summit earlier this year.
FACTBOX - Five Questions About US Offshore Oil Drilling
What are the politics of the issue?
What kind of oil supplies are we talking about?
Flood Damage to Midwest Soil May Block Replanting
Midwest US farmers with flooded fields may find that
soils have been damaged too much to plant this year even if the waters
recede quickly, agronomists said Wednesday.
Four Days at the Wheel of a Hydrogen Car
... I was ready to take a
look at my car. There are just 100 hydrogen-powered Chevy Equinox cars
in the country, and for four days, one of them would be mine.
Germany Approves New Climate Package
The German government approved a climate package on
Wednesday which is designed to help it reach a target of reducing carbon
dioxide emissions by 40 percent by 2020 compared to 1990 levels.
Green bill close to becoming law
A law that will likely make it financially sensible for businesses in New
York state to power themselves with "green" technology hopped over an
important hurdle Wednesday, according to state Sen. George Maziarz.
Historic energy efficiency program gets underway
The New York State Public Service Commission (Commission) today commenced
its historic Energy Efficiency Portfolio Standard (EEPS), a far-reaching,
ground-breaking energy efficiency initiative that seeks to reverse the
pattern of ever-increasing energy use in New York by reducing electric usage
15 percent of projected levels by 2015; one of the most aggressive
efficiency programs in the nation.
House Panel Approves Full Funding for Yucca
A House panel beginning the process of writing an energy spending bill for
next year voted Tuesday to fully fund the Energy Department's request for
the Yucca Mountain Project.
Inbox 061908
There's some new environmental buzzwords, and they aren't
"green" or "sustainability." The new phrase is much more
grounded. What everyone seems to be talking about these
days is "sound science."
Lessons Learned by Offshore Oil Industry Boost Offshore Wind Energy
There is a significant energy resource in the form
of wind offshore of much of the United States. For example, a recent study
done at Stanford by Dvorak, Jacobson and Archer suggests that there is an
exploitable wind resource of up to 200 terawatt hours (TWh) off the coast of
California. Unfortunately, 90% of it is in waters more than 50 meters deep,
so a lot of this energy is not regarded as economically viable with the
current monopile tower technology.
Mayes to push utilities for more renewable energy
Arizona Corporation Commissioner Kris Mayes said Monday she wants the
state's electric utilities to push harder to develop renewable energy
sources such as solar, wind, geothermal and biomass.
McCain Says Wants 45 New Nuclear Reactors by 2030
Republican John McCain promised Wednesday to put the
United States on course to build 45 new nuclear reactors by 2030 if
elected president as part of a plan to move the country toward energy
independence.
Mississippi River Levees Break, More at Risk
The swollen Mississippi River ran over the top of at
least nine more levees on Wednesday as floodwaters swallowed up more US
farmland, feeding inflation fears as corn prices soared to record highs.
NASA Aircraft Examine Impact Of Forest Fires On Arctic Climate
As the summer fire season heats up, NASA aircraft are
set to follow the trail of smoke plumes from some of Earth's
northernmost forest fires, examining their contribution to arctic
pollution and implications for climate change.
New Study Finds That Solar Could Provide 10% of U.S. Electricity
Generation by 2025
A new study makes the case that solar power is emerging as a cost-effective
hedge against fossil fuels and is likely to reach cost parity with
retail-electricity rates in most regions of the U.S. in less than a decade.
North Prairie cuts off construction due to rising costs
North Prairie Productions LLC has halted construction of a
45-million-gallon-per-year biodiesel facility near Evansville, Wis., because
of increasing raw material costs.
Nuclear Prospects
Unclear
This snapshot of important nuclear data and trends reveals that:
- Four countries (China, France, Russia, and South Korea) were
building seven new nuclear reactors in 2007 that will account for
5,190 megawatts of new capacity—100 megawatts less than was
completed in 2006.
- The commercial nuclear industry has retired 124 reactors since
1964.
- Asia showed the most growth, with China and India accounting for
more than a quarter of the nuclear capacity currently being built
worldwide.
- Construction delays and cost overruns continue to plague the
nuclear industry, raising questions about the economic viability of
future projects.
Nuclear
Waste Deal Opposed
Despite the Energy Department's action this month to seek a license to build
the Yucca Mountain nuclear waste repository, a Review-Journal poll has found
that a majority of Nevada voters feel the same way they did four years ago:
Continue to fight the project instead of making a deal in exchange for
accepting it.
Ocean temperatures and sea level increases 50 percent higher than
previously estimated
New research suggests that ocean temperature and
associated sea level increases between 1961 and 2003 were 50 percent
larger than estimated in the 2007 Intergovernmental Panel on Climate
Change report.
Paulson Remarks on the US Economy
The following is a speech by Secretary Henry M. Paulson, Jr., before Women
in Housing and Finance in Washington, DC.
Rate hikes jolt state-- Electricity costs could kill some companies
Massachusetts businesses are getting zapped by skyrocketing electricity
prices -- and thousands more will be hit by a 40 percent rate spike in less
than two weeks.
Report of Solar-Geophysical Activity 061908
The geomagnetic field was mostly quiet. Solar wind velocity observed
at ACE showed a steady decline during the past 24 hours, with day end speeds
around 450 km/s.
Residents below mine tunnel warned of water danger
(dated: but important) Lake County, Colo., officials are warning residents living below an old
mine drainage tunnel there is an imminent potential for catastrophic
failure, which could send a billion gallons of toxic acid and metal-laden
water flowing toward their homes.
Retreating Antarctic Sea Ice Threatens Southern Whales
As well as retreating, the vital front between cold sea ice and warmer sea
water which causes an upwelling of nutrients supporting the krill on which
the whales feed will also contract, reducing the amount of food available.
Salina, Kan., at center of wind farm debate
Kansas is mad about wind. And Salina could be.
"Salina is very well-located to become a place for folks that
manufacture components for wind farms," Lt. Gov. Mark Parkinson, late
Wednesday morning...
Scientific Sleuths Find Seas Warming, Rising Faster
Scientific detective work has uncovered a decades-old
glitch in ocean temperature measurements and revealed that the world's
seas are warming and rising faster than previously reported.
Storm Over Wind Farm Gaining Strength
Sydney, like much of Australia, gets most of its electricity from coal, and
also from the vast Snowy Mountains hydro scheme. Its power supply is more
reliable than New Zealand's, although Australia will also be faced with
challenges in the next decade.
The Future of U.S. Ethanol Production-- Where Do We Go from Here?
If there was one clear message that came out of
the 24th annual Fuel Ethanol Workshop (FEW) held in Nashville, Tennessee
this week, it was that despite all the negativity that has been thrown at
ethanol, the industry will keep moving forward. Fast.
TVA could handle charging of electric-powered cars
TVA Chairman Bill Sansom told a panel of congressmen Monday that the agency
could easily handle future demand from electric-powered cars and offer a 20
percent discount -- so long as batteries are charged at night.
U.S. Energy Lab Issues Accomplishment List
All of the laboratory's accomplishments help to maximize domestic energy
supplies, protect the environment and keep energy costs in check, officials
said in a statement. "The bulk of the accomplishments help in resolving the
environmental, supply and reliability constraints of producing and using
fossil resources, while others involve energy efficiency and renewable
energy.
Underground CO2 capture testing is urged
A U.S. professor is urging Congress to pass legislation to fund
demonstrations of new technologies that trap and store carbon dioxide
emissions underground.
US energy spending bill will kill funding for GNEP
A US House of Representatives appropriations subcommittee unanimously
approved a Department of Energy funding bill Tuesday that would fully fund a
nuclear waste repository at Yucca Mountain, Nevada, while eliminating
funding
for the Global Nuclear Energy Partnership, the international spent fuel
reprocessing program.
US entering period of 'significantly higher' power prices-- FERC
The US may be entering a period of "significantly higher power prices
that will last for years," Federal Energy Regulatory Commission staff said
Thursday.
US House lawmaker introduces climate bill with 80% emissions cuts
A senior member of the US House of Representatives committee on taxation
on Thursday introduced a carbon cap-and-trade bill with the help of 70
cosponsors. The legislation will be the first to go before that panel, the
House Ways and Means Committee, in July.
US Mortgage Rates Up on News of Stronger Inflation
Freddie Mac (NYSE:FRE) yesterday released the
results of its Primary Mortgage Market Survey (PMMS) in which the
30-year fixed-rate mortgage (FRM) averaged 6.42 percent with an average 0.7
point for the week ending June 19, up from last week when it averaged 6.32
percent. Last year at this time, the 30-year FRM averaged 6.69 percent.
The last time the 30-year FRM was this high was the week ending
September 27, 2007, when it averaged 6.42 percent.
US Weather
Commentary 062008
Entire Texas-to-Atlantic
zone closing in on one of the Hottest June months in a generation....
{Dallas tallies 15 straight days breaking 95°F; Richmond & Raleigh tally
13 & 14 straight days breaking 90°F}
US wind production tax credit more than pays for itself-- GE study
The federal production tax credit for wind energy more than pays for
itself through tax revenue from the project's income, vendor's profits and
workers' wages, GE Energy Financial Services said Wednesday.
Warming temperatures dangerously pushing bird migrations ever forward
Many birds are arriving earlier each spring as temperatures warm along
the East Coast of the United States. However, the farther those birds
journey, the less likely they are to keep pace with the rapidly changing
climate.
Wind not a major threat to wildlife
According to a report pre-presented at Windpower 2008 in Houston, Texas,
US, wind power has less impact on wildlife than other energy sources when
looking at the full generation life cycles of different energy sources.
Wind
to overtake nuclear by 2013?
According to figures released by the British Wind Energy Association (BWEA),
installed wind energy generating capacity will have surpassed installed
nuclear power within the next five years.
Young People Suggest Solutions To World's Water Woes
Singapore will host a number of youth- and student-focused events on the
sidelines of Singapore International Water Week, the global event for water
solutions which will take place from 23-27 June at Suntec Singapore.
Zero carbon building proves difficult
A review published by the UK Commission for Architecture and the Built
Environment (CABE) says most architects and developers do not “get”
sustainable building, accusing them of focusing on “superficial green
gadgets”.
June 17, 2008
A powerful revival-- Old dam in Pa. upgraded as electricity source
The century-old dam on the Susquehanna River doesn't look like an energy
source of the future.
Weeds sprout out of cracks in the weathered Holtwood Hydroelectric Dam, 12
miles upriver from Maryland...
Africa Could Triple Food Output Quickly - UN
To counter the global food crisis, Africa could triple
or quadruple domestic production over two seasons through simple changes
to agricultural practices, a United Nations food expert said on Monday.
Bottled Water-- How Americans Got Sucked into a Corporate Con Game
To paraphrase an old axiom: You don't buy water, you only rent it. So why
did Americans spend nearly $11 billion on bottled water in 2006, when we
could have guzzled tap water at up to about one ten-thousandth the cost?
Boucher introduces key bill in push for clean coal energy
U.S. Rep. Frederick C. "Rick" Boucher, D-Va., introduced legislation in
congress today with broad-based bipartisan support that will pump $1 billion
into technology aimed at developing viable carbon capture and storage to
reduce greenhouse gas emissions by capturing and injecting underground, the
carbon dioxide emitted from electricity generation plants that use fossil
fuels.
Builder, Owners See Benefits of Solar-- Number of Houses Tapping into
Sun's Power Slowly Rises
Even with the Arizona sun beating down, the electric meter on Stephanie
Feil's home in the Rio Verde Foothills was spinning so slowly it was almost
at a crawl Wednesday.
Until the air conditioner kicked off. That's when it started spinning
backward.
Call in the debt
A conclusion to Cobell v. Kempthorne is in sight. The accountability of the
U.S. government has been of chief concern to hundreds of thousands of
defrauded Indian people, some of whom died poor waiting for this day.
China Top Carbon Emitter, Beijing Under Pressure
China's ranking as top emitter of the main
planet-warming gas, carbon dioxide, seemed confirmed by a Dutch report
on Friday, putting more pressure on Beijing to come up with their own
figures, experts said.
China, Japan's Stakes in East China Sea Gas Fields
Japan and China have agreed to jointly develop gas fields and share profits
in disputed areas of the East China Sea, Kyodo News reported on Monday, but
the Japanese government said there was no deal yet.
Cleaning Coal
Regulatory pressure is bringing about the improvements. But the bottom line
is that major utilities with coal-fired operations are investing in modern
pollution control equipment.
Cleantech, photovoltaics shine in VC scoreboard
The report provides a detailed review of venture capital
investments made in electronics startups during the 2007 calendar year.
Congress examines 'decades of off-road vehicle abuse'
Congress seized a "rare opportunity" to address the
"decades of abuse caused by off-road vehicles to public lands and ensure
that visitors to the forest are not driven away by irresponsible
off-road vehicle users," said Cyndi Tuell, Southwest conservation advocate at the
Center for Biological Diversity.
Federal researchers rolling in hybrid at 100 mpg
That's no surprise. He used almost no gas in the ride around the
National Renewable Energy Laboratory grounds. For months now, Markel, a
senior NREL engineer, has been driving a plug-in hybrid that gets 100 mpg.
Food Supply Fears Mirror Oil Worries at Saudi Summit
Saudi Arabia's emergency energy meeting next week brings
together Western consumer countries threatened by soaring oil prices
with Arab producers worried about scarce food supplies.
G8 Must Send Strong Climate Message - Danish Minister
The G8 must send a strong message on global warming to
get big emerging economies on board, Denmark's climate minister said on
Monday, amid fresh signs that Washington is hampering efforts to make
climate change a summit centrepiece.
Home Foreclosure Rates Increase ... Again
U.S. home foreclosures jumped in May to
261,255, a 48 percent increase from May 2007, according to RealtyTrac’s
latest U.S. Foreclosure Market Report, which measures default notices,
auction sale notices and bank repossessions. Last month’s total is up seven
percent from April.
Honda rolls out new zero-emission car
The FCX Clarity, which runs on hydrogen and electricity, emits only water
and none of the gases believed to induce global warming. It is also two
times more energy efficient than a gas-electric hybrid and three times that
of a standard gasoline-powered car, the company says.
House committee plans contempt hearing for EPA boss
The chairman of the House Oversight Committee is threatening to hold EPA
Administrator Stephen Johnson and a White House Office of Management and
Budget official in contempt of Congress for failing to turn over subpoenaed
documents.
Indian Monsoon Brings Cheer, La Nina Weakens
The monsoon season, a lifeline of India's
trillion-dollar economy, has progressed well, cheering farmers hoping
for a good rice crop while giving the government an opportunity to ease
restrictions on exports.
Iowans Fight Back Against Deadly Floodwaters
Officials moved paintings, books and documents out of
harm's way on Sunday as record flooding in parts of the US Midwest
partly submerged the University of Iowa campus in Iowa City.
Israel serves as testbed to Californian solar energy project
This solar field is a scaled cross-section of a typical
commercial plant and includes more than 1,600 full-size glass mirrors
(heliostats) and a 60 meter tall tower topped by a solar boiler.
LIPA exploring future plans for old nuclear site
The Shoreham plant, the $6-billion white elephant that has sat idle since
its decommissioning in 1994 amid growing controversy over nuclear power,
could again generate electricity.
Maine Waters, Wind Touted As Untapped Energy
The winds and waters of coastal Maine offer a promising yet untapped
alternative to the fossil fuels that are driving the nation into what could
be a historic energy crisis, experts said Thursday.
McCain would give states role in deciding on OCS development
Senator John McCain, the presumptive Republican
presidential nominee,
on Monday said that if elected, he would lift a presidential moratorium on
drilling for oil and natural gas on the Outer Continental Shelf. He said he
favors allowing states to determine whether they should permit offshore
energy
development.
Midwest Floods Spur Record Rise in Corn Prices
The worst flooding in the US Midwest for 15 years sent
fresh shocks to global markets and consumers on Monday as corn prices
hit record highs on fears of crop losses in the heart of the world's top
grain exporter.
Norway May Seek Help to Fight Forest Blaze
Norway may seek foreign help to extinguish its biggest
forest fire since World War Two, which has been raging for five days,
the government said on Friday.
Oil price volatility 'troubling' for EU power sector-- Piebalgs
Volatile oil prices are creating "troubling times" for the European power
sector, EU energy commissioner Andris Piebalgs said Monday.
"Oil is the starting point for gas prices, and that brings us...to the
electricity price," he told Eurelectric's annual conference in Barcelona.
Palo Verde Meeting on June 30 to discuss status of improvements
Palo Verde's safety rating was downgraded last year after a series of
problems, including leaking oil seals and a broken emergency generator.
Power firms' treatment angers Texans
Prices aren't the only thing skyrocketing in the state's deregulated
electricity market.
Amid continuing company failures -- and the resulting forced transfer of
tens of thousands of ratepayers to default electric companies -- Texans in
growing numbers are griping about their ill treatment by power companies.
Quote of the
Day 061708
"We expect prices to stabilize at $120 to $130/barrel.
Analysts put the price at between $50 to $250/b, we believe the fair price
is $130/b."
Speaking to
reporters at an investment forum in Moscow, Sergei Kukura, Lukoil's first
vice president said he expected oil prices to remain at around current high
levels.
"The increasing depreciation of the value of the
dollar has overshadowed all economic activities and has inflicted a great
loss on many countries. The consumption of oil is less than the growth in
production and the market is full of oil. But prices have had a
progressional upward trend and this is imposing an artificial situation."
Iranian President
Mahmoud Ahmadinejad said Tuesday that the oil market was well-supplied with
more supply than demand and blamed the weak US dollar for what he said was
an "artificial oil price," state television reported on its web site.
Report of Solar-Geophysical Activity 061508
The geomagnetic field was at mostly unsettled to minor storm levels.
Solar wind signatures indicating a co-rotating interaction region
followed by the onset of a coronal hole high speed stream were
observed by the ACE spacecraft. Wind speed reached a maximum of about 700
km/s at 15/1610Z.
Revolution for
healthcare
Aging populations, rising healthcare costs, promising
remote and emerging markets and the advent of personally mediated
healthcare as an extension of consumer spending, are tempting technology
companies, including electronics and semiconductor companies, to jump
into the medical electronics marketplace.
Russian finance minister says unclear what is driving oil prices
Russian finance minister Alexei Kudrin said Tuesday it remains uncertain
what the main driving force behind the current surge in oil prices to record
levels is, and that it is unclear how they will behave going forward.
Small Radioactive Water Leak Within TEPCO Plant
"No water has leaked outside of the warehouse," the official said, adding
TEPCO has confirmed that there was no impact on the environment.
Solar-Power Lobby's Pressure Has Ensign Feeling Alienated
The episode exposed a fissure that had been widening since last year as
Congress tries but fails to extend investment and production tax credits for
solar, wind, geothermal and other renewable sources that expire this year.
Steal a Tree Go to Prison; Steal a Forest Meet the President
Stealing trees is as old as the King's timber reserves.
The sanctions for such sylvan thievery have always been harsh.
..Contrast this with evidence coming out of a trial in Portland, Oregon,
concerning timber theft on a massive scale. According to internal
documents from the US Forest Service, more than 10% of all trees cut off
of the national forests are stolen..
Tampa Gives Preliminary Approval To Building Green
Tampa is getting with the green movement.
On Thursday, the city council unanimously gave its preliminary approval
to an ordinance that offers incentives to developers that build
environmentally friendly buildings.
US Coal Production Unlikely to Sate World Demand
US coal production has room to grow, but expansion is
unlikely to meet surging world demand because miners fear a boom-bust
cycle, key reserves are declining, and regulation has tightened.
US Eyes Deal on Slashing Clean Technology Tariffs
The United States hopes the world's major economies will
agree to remove trade barriers on clean energy technologies when they
meet alongside the Group of Eight rich nations next month, a senior
official said on Friday.
US power execs say Canadian large-scale CCS plans are 'daunting'
Large-scale carbon capture-and-storage efforts may be needed to keep
coal-fired plants within future expected greenhouse gas emission limits, but
major obstacles still need to be overcome to implement this technology, US
power industry executives said Monday at an industry conference.
Utilities
look to the sun
Near Red Rock, just east of Interstate 10 on a barren patch of desert, sits
what very well could be the future of renewable energy in our state.
Six long rows of shiny curved mirrors tilt toward the sun...
Utilities must not become 'tax man' in future GHG plans-- EEI head
The US electric power industry must avoid becoming the tax man in any
future legislative efforts to cut greenhouse gas emissions through a
market-based plan, the head of a power industry association said Sunday.
Utilities Raising Price of Power
Here's a shocker: Electricity bills are heading up. Way up.
Utilities across the USA are raising power prices up to 29%, mostly to pay
for soaring fuel costs, but also to build new plants and refurbish an aging
power grid.
Wind
farm to power 8,500 homes
These white giants may not seem like much from a distance.
But up close the wind turbines at the Happy Jack Wind Farm west of Cheyenne
take your breath away.
Towering 285 feet high with three 140-foot-long blades, each turbine
generates 7 million kilowatt-hours of energy each year.
Wind Power Freedom
A two-year battle in the Waldo County town of Freedom (pop. 700) over a wind
power project should not - and need not - be replicated in other Maine small
towns...
The small, rural town, with its volunteer boards, was
unprepared to evaluate the $12 million project when it was proposed in
the spring of 2006.
June 13, 2008
Africa's Deforestation Twice World Rate - UN Atlas
Africa is suffering deforestation at twice the world
rate and the continent's few glaciers are shrinking fast, according to a
UN atlas on Tuesday.
Britain Sets Out to Find Deep Nuclear Waste Site
Britain set out on Thursday to find a local community
willing to have the country's deadly nuclear waste buried in its
backyard.
Bush Says Climate Deal Possible During His Term
US President George W. Bush said on Tuesday a global
agreement on fighting climate change could still be reached during his
presidency, which ends early in 2009.
China Using Up Natural Resources Fast, Report Says
China is drawing on natural resources such as farm land,
timber and water twice as fast as they can be renewed in its drive for
development, a report from Chinese and international environmentalists
said on Tuesday.
Congress bills to limit US, Saudi Arabia nuke trade
Resolutions introduced Thursday in the US House of Representatives and
the Senate seek to restrict US nuclear power cooperation with Saudi Arabia
and
instead encourage the development of solar power there.
Emissions Markets-- Cap & Trade a White Paper
With climate change now well-recognized as a serious problem, policy
makers throughout the U.S. are considering options to reduce greenhouse gas
emissions. Chief among these options is a cap and trade system.
Nearly every bill proposed in the U.S. Congress relies on a cap and trade
system as the core policy to reduce carbon emissions
EPA to award grants for dead zone in Gulf of Mexico
The U.S. EPA plans to award as much as $4.2 million in targeted watershed
grants to reduce the hypoxic zone in the northern Gulf of Mexico.
Feeling the heat
The stunning recent photos of indigenous men
aiming their arrows at the helicopter above them have made international
headlines; but advocates are saying, again, that these families are
running for their lives...
'Green' Job Market Bucks Credit Crunch Gloom
The 'Green' job market is thriving despite lay-offs
across the financial and property sectors caused by the global credit
crunch, environmental recruiters said on Friday.
High-tech will relieve energy crisis--some day
A crack panel of electronics
industry experts discussing election-year politics at the Design
Automation Conference (DAC) here Tuesday (June 10) were nearly unanimous in
agreeing that neither a technological nor policy solution can soon halt the
skyrocketing price of gasoline for American business and consumers.
House approves renewable energy bill
Philippines
It took almost two decades for lawmakers to pass on third and final reading
a measure to develop renewable energy sources for the country's energy
needs, which is expected to generate some $1.2 billion in energy savings and
economic benefits for Filipinos in the next 10 years.
If a tree falls in the forest, and no one is around to hear it, does
climate change
Research still needed to fully understand impact of global forests on
climate change
There are roughly 42 million square kilometers of forest on Earth, a swath
that covers almost a third of the land surface, and those wooded
environments play a key role in both mitigating and enhancing global
warming.
Intersolar launches big leap to USA
The market for photovoltaics devices and production
equipment will explode over the years to come, said Eicke Weber, General
Manager of the Fraunhofer Institute for Solar Energy Systems (ISE), at the
occasion of the Intersolar trade fair in Munich. The launch of an American
Intersolar offspring in coming July is seen as a major milestone to the
photovoltaics industry.
Israeli VC to back Russian startups in $100 million fund
Israeli investment
house Tamir Fishman & Co has won a Russian government tender to create a
venture capital fund that will manage $100 million in investment in
Russian technology startups.
Kansas Wind Erosion Laboratory Blown Away
A casualty of powerful storms that hit the Kansas State
University campus on Wednesday was the Wind Erosion Lab, which the
university said was destroyed by an apparent tornado.
Lobbying strategies and electioneering in significant flux
For more than a decade the oil, gas and power association heads have
navigated shifting political winds and cut across regional divides to forge
consensus.
Climate change has produced nothing less than the Super Bowl of lobbying
and election-year politicking.
Making waves-- Inverters continue to push efficiency
A key technology required for the exploitation of
renewable resources is the humble inverter. Widely regarded as a 'black box'
component, highly efficient inverters are crucial to enable the widespread
introduction of grid-integrated price parity renewables. David Appleyard
reports.
Melting Arctic Ice Could Spur Inland Warming - Study
If Arctic sea ice starts melting fast, polar bears and
ring seals wouldn't be the only creatures to feel it: A study released
on Tuesday suggests it could spur warmer temperatures hundreds of miles
(km) inland.
Milwaukee exceeds 500 tons with e-waste collection
Milwaukee has reached an electronic scrap milestone, surpassing 1 million
pounds of computers and equipment collected since 2006.
Moore-- A woman of great words
Europeans, when first observing the Cherokees, believed them to have a
''petticoat government'' due to the importance of women's opinions and
status in tribal decisions, and thus set out to change this. And to my
delight and substantiation, certain women of medicine can make ''brooms
dance.'' ''Stories connect us to the universe of medicine - of paranormal or
sacred power,'' she wrote.
More analysts say bottom finally reached in uranium market
After several weeks of conflicting signals about whether a bottom has
been reached in this current spot uranium market cycle, a growing number of
analysts are feeling more confident that the spot price will move above $60
a
pound U3O8 in the coming weeks rather than continue to weaken.
Nuclear Power Among Options for UN Greenhouse Cuts
Developing nations might get help to build nuclear power
plants under proposals at 170-nation climate talks in Bonn for expanding
a fast-growing UN scheme for curbing greenhouse gases.
Oil market fundamentals have no influence on price-- Khelil
OPEC President Chakib Khelil said late Thursday that OPEC supported a
Saudi invitation for talks between oil producers and consumers on June 22,
but
ruled out a production increase at this time, saying the market was
oversupplied by 500,000 b/d, the official news agency APS reported Friday.
Our New 'Greatest Generation' Opportunity
If any interested party -- a presidential candidate, say
-- wants an inspirational example of how the United States economy needs
to transform in the 21st century, then Richmond, California is a good
place to start.
PG&E Investing Billions to Support Plug-In Cars - CEO
The chief executive of California utility Pacific Gas &
Electric Co said on Wednesday that his company is investing billions of
dollars in developing the infrastructure necessary to support plug-in
hybrid vehicle technology.
Quote of the
Day 061308
"To recognize the seriousness of the problem, and pass a
law that encourages exploration for oil and gas in the United States so that
down the road a US president will go as a producer, not a consumer....In the
interim term, we need to be finding more oil and gas. In the longer-term, we
ought be diversifying away from our reliance upon oil."
President George W.
Bush calling upon the US Congress to encourgage the exploration of new oil
and gas reserves.
"The problem revolves around the economic crisis
in the US, which has led to a weakening of the dollar as well as threats
against Iran, which has created geopolitical tensions."
Algerian Prime
Minister said in relation to the price of oil. He discarded other factors
such as oil market fundamentals, insisting that at this time these "are not
influencing oil prices".
Railroads say coal flood delays may last up to a month or more
With the recent floods across the Midwest showing no signs of abating,
western railroads BNSF Railway and Union Pacific are warning of coal traffic
delays that could last for another month or more on some routes.
Raser Announces 20 Year Power Purchase Agreement With Salt River Project
in Arizona
Raser Technologies, Inc. (NYSE Arca: RZ) announced today it has executed a
power purchase agreement (PPA) with the Salt River Project Agricultural
Improvement and Power District (SRP), a major utility district of the State
of Arizona serving the Phoenix area, for Raser's Lightning Dock geothermal
power plant in New Mexico.
Report of Solar-Geophysical Activity 061208
Solar activity was very low. No flares were observed in the last 24
hours.
The geomagnetic field is
expected to be quiet for the next three days (13-15 June).
Reversing Winds-- America's Rediscovery of Manufacturing
Wind energy has already started to spur manufacturing growth in the
U.S., but it can do much more.
Rich Nations Fail to Take Lead at Climate Talks - UN
Industrialised nations are failing to lead enough at UN
climate talks in Bonn even as developing states are showing interest in a
new global warming treaty, the UN's top climate official said on Wednesday.
Saudis considering oil output hike to around 10 mil b/d-- report
Saudi Arabia is considering boosting crude output to around 10 million
b/d, the Middle East Economic Survey newsletter said Friday.
The Algae Attraction
Clean coal is an imperative. Some breakthrough technologies to achieve that
goal now exist while others are years away. One such concept is to use waste
carbon emissions from power plants to grow algae, which is subsequently
converted to energy and because those releases would re-cycled, carbon
dioxide emissions would be cut in half.
US DOE ready to talk about spent fuel contracts for new reactors
The US Department of Energy has notified companies interested in building
new nuclear reactors in the US that it is ready to begin discussing new
standard contracts for the disposal of spent fuel generated by those units,
spokeswoman Angela Hill said.
US House climate bill prospects dim for 2008-- Subcommittee head
US House of Representatives Energy and Air Quality Subcommittee Chairman
Rick Boucher said Wednesday his prospects have dimmed for moving a carbon
control bill through his chamber this year, but the next Congress undeniably
will act under a more aggressive White House.
US House panel nixes increased offshore drilling amendment
The US House of Representatives Interior Appropriations subcommittee
Wednesday rejected an amendment by Representative John Peterson that would
have opened more of the Outer Continental Shelf to oil and natural gas
drilling.
US Midwest Hit With Floods, Tornado Hits Camp
"We have nine rivers right now across this state, not including the Missouri
and the Mississippi, that are above record level or very close to record
level," Culver said. "That's all time records."
US Mortgage Rates Jump to Highest Level in Nearly Eight Months
Freddie Mac (NYSE:FRE) yesterday released the
results of its Primary Mortgage Market Survey (PMMS) in which the 30-year
fixed-rate mortgage (FRM) averaged 6.32 percent with an average 0.7 point
for the week ending June 12, up from last week when it averaged 6.09
percent.
US Senate bill on energy speculation targets 'London loophole'
Five US senators introduced a bill Thursday that would empower the
Commodity Futures Trading Commission to regulate oil and other energy
commodity trades carried out in the US on international exchanges, much as
CFTC now oversees trades on US exchanges
Wastewater Sludge-- A New Resource For Alternative Energy
Wastewater treatment plants are net users of energy. In the U.S. they
consume an estimated 21 billion kilowatt hours per year. There are
important reasons for this energy use, as society demands increasingly
intensive treatment to remove nutrients and chemicals from wastewater
before it is discharged back into water bodies or is reused. But energy
use is coming under increasing scrutiny, with the financial cost of energy
and the environment cost of energy generation driving new interest in the
conversion of sewage sludge to energy.
West Basin Solves Potable Water Shortage With Wastewater Reclamation
West Basin is treating more than 30 MGD of secondary effluent, which equals
about eight-billion gallons of water annually for 210 users in the South
Bay. The facility produces six customized "designer" classes of water for a
variety of industrial and municipal applications, including irrigation for
parks and golf courses, seawater barrier injection, make-up water for oil
refineries, cooling towers and for high-quality boiler feed.
What's Moving the Oil Markets 061308
•"I think people are taking a breather this morning after what has been a
very volatile week. Even yesterday we traded in a $6/b range on not that
much fundamental news," a London-based broker said.
•The US dollar index on ICE rallied to a high of 74.241 on Friday, the
highest since the end of February, on better-than-expected US retail sales
data. The market will be on the lookout for the US consumer price index for
May, out later today, sources said.
June 10, 2008
'Big Dry' Generators Crank Up Greenhouse Gases
Greenhouse gas emissions are soaring as coal and gas-fired generators run
flat out, day and night, to compensate for fast- emptying hydro storage
lakes.
Biofuels Win At Summit But UN Food Envoy Fights On
The rapidly growing global bio-energy industry escaped
unscathed from a food summit on Thursday, but its wings must be clipped
to stop fuel-from-food stoking world hunger, the UN envoy on the right
to food said.
Bush will stress to Europe need to cut dependence on hydrocarbons
US President George W Bush said Monday ahead of a trip to Europe that he
would stress to the United States' allies the importance of reducing
reliance
on hydrocarbons.
Cities could feel the heat from 18 percent power rate hike
The five cities in South Hampton Roads will see their collective electric
bills increase by nearly $15 million per year if Dominion Virginia Power
receives the full 18 percent rate increase it has asked the state to
approve.
CO2 Emissions to Double by 2050 Unless Govts Act - IEA
Planet-warming carbon emissions will rise 130 percent
and oil demand will rise 70 percent by 2050 under current government
policies, the International Energy Agency warned in a report on Friday.
Democratic and Republican National Conventions to Be Powered by Wind,
Sun
The 2008 Democratic and Republican national conventions will be powered with
clean, renewable wind and solar energy, Xcel Energy announced today. This is
also the first time the same electric utility will serve both conventions in
separate cities in the same year.
Despite loss, there is a slowly rising tide of support for climate
legislation in the Senate
The Lieberman-Warner climate change bill was rejected on a procedural Senate
vote today. But while not quite a tsunami, there is a rising tide of support
in the Senate for legislation to control US greenhouse gas emissions.
Do You Know How to Save the Planet?
. . . Neither do I! As a utility industry analyst and an
energy professional, I am struck by how little knowledge I have about
the basic facts of conservation and energy efficiency.
Florida's St Lucie Reactor Involved In Hot Shutdown
FPL Group's (NYSE: FPL) (Current Market Cap: US$26.92 Bil.) 839-megawatt
Unit 2 reactor at the Saint Lucie nuclear power station in Florida was in a
hot shutdown after an electrical problem late Tuesday afternoon.
Gasoline moves into spotlight after oil futures end May with a bump
Oil futures ended May with a bump, dropping in general between 2% and 7% in
value last week as this year's unstoppable rally in middle distillates
finally started to unwind - just in time for gasoline futures to start
moving into the spotlight.
IEA Urges US$45 Trln 'Energy Revolution' to Halve CO2
World governments must quickly start a US$45 trillion
"energy technology revolution" that could drive up the cost of producing
carbon ten-fold, or risk emissions surging by 2050, the West's energy
watchdog warned on Friday.
Inbox 061008
Is there anything people won´t toss in a recycling
container?
Industries Cashing In On Americans' Poor Environmental Habits
While households are slow to turn out the lights and
separate perishables from plastics, some industry sectors are posting
impressive profits from America's poor environmental progress
Looking Closely
at Coal
Coal will continue to be the engine that carries the nation forward. But it
will have to be re-invented to comport with changing environmental and
economic standards.
Mercury contamination found in stranded Victorian dolphins
Researchers from the School of Biological Sciences have confirmed levels
of mercury found in the dolphins were within a range considered to cause
negative health and mental effects and were higher than mercury levels found
in populations around the world.
Minnesota tribe buys up land to restore prairie
A 30-acre field where corn and soybeans were once grown
is now covered with Canada wild rye, big bluestem, Golden Alexander and
compass plant - the same grasses and flowers the pioneers saw as they
pushed westward across the American prairie in the 1800s.
Nevada Lawmakers Claim Politics Fuels Yucca Bid
The DOE construction application sent to the Nuclear Regulatory Commission
on Tuesday was timed to coincide with the fall elections and is "undoubtedly
incomplete," the lawmakers argued.
Paving the way
''Today is a historic occasion,'' Beaucage said at the launch. The blueprint
charts a course towards a strong nation, he said. ''The Anishinabek
understand that building an economy is critical to the self-government
process.''
Prices Leap for Corn and Crude Oil
Chris Flood, writing on Friday at the Financial Times Online, reported
that, "Torrential rain across parts of the Midwest pushed US corn prices to
record levels on Friday, prompting concerns about the outlook for this
year's harvest.
Prices would fall back if investment funds quit futures-- delegate
OPEC has a tacit understanding that those members capable of boosting
crude production should supply as much crude as world oil markets need, a
senior OPEC delegate said Monday, adding that some countries are already
raising output.
"They are already raising their production," the delegate said...
Quote of the
Day 061008
"Central bankers sneezing one way or another is a main
element of the current oil price composition,"
oil analysts for
Petromatrix said Tuesday. Crude futures firmed during European morning
trading on Tuesday, stabilizing after Monday's late selloff which was
triggered by gains in the US dollar following the US Federal Reserve
chairman's speech warning of the increasing risk of inflation.
"Today we are witnessing a critical increase in
the price of hydrocarbons,"
Alexei Miller, head
of Russian energy giant Gazprom told journalists during a meeting of the
European Business Congress. "Now the price is going to reach a level never
before seen. The perspective will be $250/barrel of oil and the competition
for this resource will be strong."
Renewable energy projects meet opposition from environmentalists
They say the projects mean new transmission lines and towers across some of
the very mountains and desert vistas people have fought to protect.
Russian gas export monopoly Gazprom wants to join a gas pipeline project
in Alaska and has already made a proposal to BP and ConocoPhillips
Russian gas export monopoly Gazprom wants to
join a gas pipeline project in Alaska and has already made a proposal to BP
Plc (NYSE: BP) and ConocoPhillips (NYSE: COP).
Supply-demand fundamentals behind oil price spike-- US' Paulson
US Treasury Secretary Henry Paulson said Tuesday that high global
oil prices are rooted in the basic market fundamentals of supply and demand,
and that record prices had little to do with a weakening dollar or market
speculation.
Toyota Develops Improved Hydrogen Fuel-Cell Vehicle
Toyota Motor Corp said on Friday it has developed an
advanced fuel-cell vehicle that can run for 830 km (516 miles) on a
single tank of hydrogen and in temperatures as low as 30 degrees Celsius
below freezing (-22 F).
UK to give waterless washing machine a spin
A washing machine using as little as a cup of water for each washing
cycle could go on sale to environmentally conscious Britons next year.
US economists agree CO2 prices needed to deal with climate change
Despite the agreement that a market-based method would best combat climate change, the 18 panelists were split over what system to enact, the Government Accountability Office said in a report.
US Senate climate bill fails to get enough votes to move forward
The heavily anticipated debate in the US Senate over comprehensive
climate change legislation ended Friday as Democrats in the chamber were
unable to muster the 60 votes required to move the bill forward.
US, oil industry prepared for hurricane season-- Bodman
The US and its oil industry has benefited from "two years off" in major
hurricane activity in the Gulf of Mexico and the Atlantic to better prepare
for the coming storm season, US Energy Secretary Samuel Bodman said
Saturday.
Use of fly ash in projects to get state, federal review
On Thursday, a panel will meet at the Richmond headquarters of the
Department of Environmental Quality to weigh whether changes are needed to
rules that exempt some coal-combustion by product projects from waste
regulations, provided developers meet "beneficial use" criteria.
Vestas gets Brazilian order for 92 wind turbines
Vestas Wind Systems AS, the world's largest wind turbine maker, said it has
received an order for 92 units of its V82-1.65 MW turbine for the Alegria
project in the state of Rio Grande do Norte, Brazil.
What's Moving the Oil Markets 061008
•Crude futures firmed during European morning trading
on Tuesday, stabilizing after Monday's late selloff which was triggered by
gains in the US dollar following the US Federal Reserve chairman's speech
warning of the increasing risk of inflation.
•Although petroleum futures markets remain very sensitive to the
financial markets there was some oil-specific news
World Environment Day Calls For End To Carbon Addiction
The United Nations urged the world on Thursday to kick
an all-consuming addiction to carbon dioxide and said everyone must take
steps to fight climate change.
Worst Rainstorms in 50 Years Hit Southeast China
The heaviest rainstorms in 50 years drenched parts of
Guangdong province over the past two days, killing at least 1 student
and causing widespread flooding, local media reported on Sunday.
June 6, 2008
A transition from La Niña to ENSO-neutral conditions is expected during
June- July 2008.
A transition from La Niña to
ENSO-neutral conditions is expected during June- July 2008.
La Niña continued to weaken during May 2008, reflected mainly by changes in
sea surface temperatures (SSTs) across the equatorial Pacific Ocean.
Alaska lawmakers to begin weighing TransCanada gas pipeline plan
The Alaska Legislature is convening in special session Tuesday to
consider a proposed state license for TransCanada to develop a $30
billion-plus Alaska natural gas pipeline.
APS Seeks Additional Renewable Energy
Arizona Public Service (APS) is requesting proposals for new sources of
renewable energy generation. The energy sought must provide at least 35,000
megawatthours and be available sometime between 2009 and 2013. The Request
for Proposal (RFP) includes solar, wind, biogas, landfill gas, biomass,
geothermal, hybrid wind and solar, renewable natural gas and hydropower
technologies.
Arizona Public Service Co. Offers Rebates Up To $500 On High-Efficiency
Air Conditioners and Heat Pumps
If it’s time to change out your air conditioning unit or heat pump, rebates
from Arizona Public Service Company can help offset the cost of that
investment, and installing high-efficiency AC units can also help customers
begin saving money immediately.
Biofuel
not the big bad wolf?
Biofuel is not the dominant factor in the 244% increase in
staple food prices since 2004, according to a new report from New Energy
Finance Ltd.
Brazil's Lula Announces New Amazon Protection
Brazilian President Luiz Inacio Lula da Silva, under pressure
over his stewardship of the Amazon rainforest, unveiled plans on Thursday to
create three protected reserves covering an area the size of the US state of
Vermont.
Carbon-capping climate Senate bill dies
U.S. legislation that would have set up a cap-and-trade system to limit
climate-warming carbon emissions died on Friday after a procedural vote in
the Senate.
Carbon-dioxide bill tough for Ohio senator
As the Senate debates a major bill this week designed to curb the emissions
of carbon dioxide believed to cause global warming, the man on the spot is
Democratic Sen. Sherrod Brown of Ohio.
City could see utility rate hikes
"I think we ought to take and not allow anyone to drive city vehicles home,"
said Councilman Don Boyette. "When we allowed this we were spending less
than $2 per gallon for fuel and right now it's over $4."
Coasts under threat, fisheries vulnerable-UN study
High food prices may add pressure for more fishing along
coasts where the environment faces threats from pollution and climate
change, a UN University report said on Wednesday.
Crude futures extend losses on bearish technicals and firm dollar
4Jun2008--Global crude futures continued to fall in European morning trading
Wednesday, extending Tuesday's losses following a rebound in the US dollar
and
coming close to the $123/barrel mark for the first time since mid-May.
Direct Use of Geothermal Energy in the United States
I travel quite a lot, and have seen extensive use of
geothermal energy in Iceland and some Eastern European countries for
district heating. But, I don't get a sense there is much geothermal use
for heating in the United States. Is this the case? If it is, why don't
we use more geothermal energy for heating homes and buildings?
Food Price Increases-- Is it Fair To Blame Biofuels?
The price of food staples has risen by 244% since
2004 according to a new report from New Energy Finance. The report, "Food
Price Increases: Is it Fair To Blame Biofuels", concludes that while the
drivers of these increases includes biofuel production it is far from the
dominant one
For third time, US Senate debates 'landmark' climate legislation -- but
'09 may be the year
But if by landmark one means a bill that for
the first time mandates reductions in US GHG emissions, this week's
Senate debate will actually mark the third time that the world's
greatest deliberative body has considered landmark climate legislation.
G8 energy ministers to seek remedies to oil price headache
Energy ministers from the world's richest countries and biggest oil
consumers are due to meet at the end of this week in Japan, hoping to find
some answers to the mounting economic and political problems caused by this
year's unprecedented oil prices.
Geothermal Electricity Booming in Germany
Electricity from geothermal sources is set to soar in Germany -- and all
thanks to a law that has made drilling wells deep enough to hit the hot
temperature water, which is needed to produce electricity, financially
viable.
Gov. Rendells Energy Plan Will Keep PA at Top of Growing Energy Economy,
DCED Secretary Says
Pennsylvanias top economic development official today said Governor Edward
G. Rendells Energy Independence Strategy would keep the commonwealth ahead
of the pack in the clean and renewable energy sector, one of the
fastest-growing segments of economic development and job- creation.
Gov't to buy power from personal solar collectors-- Israel will join
countries which have offered citizens incentives to produce their own
electricity
Tel-Aviv--The energy revolution has begun with the decision by the Public Utilities
Authority -Electricity that from July, any person who installs a
photovoltaic solar system on his property can sell the electricity produced
to the national power grid at a tariff of NIS 2.01 per kilowatt hour.
Grain-- Record Harvests Fall Short of Demand
According to the Worldwatch Institute's latest
Vital Signs Update on grain, voracious global demand will continue to
outstrip record harvests.
Green economy can grow jobs, study says
The movement to a green economy could mean a huge gain for some job
categories, according to a study released Tuesday by the University of
Massachusetts.
Grow,
share, and carry it on
Named Sotsisowah, or
''cornflower,'' as a baby, John Mohawk, center, was raised on the
agricultural spiritual traditions of his Seneca longhouse
IBM introduces giant PV magnifying glass
IBM has come up with a way of increasing the amount of
thermal energy that can be concentrated onto photovoltaic (PV) cells
during the CPV process.
'Kick the CO2 Habit' - UNEP Says It May Be Easier Than You Think
Adopting a climate-friendly lifestyle needn't require drastic changes or
major sacrifices.
Major brands add their support to renewables
Familiar brands such as Google and eBay have recently
told the world they are investing in renewable energies such as solar PV
in a bid to increase the share of their power coming from renewable
energy sources.
Treasury official says US investment in Clean Technology Fund is
'critical'
It is "critical" that the US support the Clean Technology Fund (CTF), a
multilateral initiative that aims to help developing countries fund the
additional costs of deploying clean energy technologies over dirtier and
often cheaper alternatives, a Treasury official told a House Subcommittee
today.
Methane Release Could Cause Abrupt, Far-Reaching Climate Change
An abrupt release of methane, a powerful greenhouse gas, from ice sheets
that extended to Earth's low latitudes some 635 million years ago caused a
dramatic shift in climate, scientists funded by the National Science
Foundation (NSF) report in this week's issue of the journal Nature.
Nanoparticles Assemble By Millions To Encase Oil Drops, Could Be Used To
Clean Up Oil Spills
In a development that could lead to new technologies for
cleaning up oil spills and polluted groundwater, scientists at Rice
University have shown how tiny, stick-shaped particles of metal and
carbon can trap oil droplets in water by spontaneously assembling into
bag-like sacs.
Nothing to Laugh
About
A new
study by an international group of scientists in this month's edition of
the journal Science has found that one-third of the nitrogen entering
the world's oceans from the atmosphere is man-made.
Oil world at environment crossroads -StatoilHydro
The oil industry stands at a crossroads where the need
for more energy meets calls to tackle climate change, the boss of
Norwegian oil and gas producer StatoilHydro told Reuters on Wednesday.
Panel sees hurdles on climate legislation-- Wind energy group expects no
action until next Congress
Renewable energy may have gained a firm foothold in the mainstream of
American politics in recent years, but 2008 won't be the year for the
passage of major climate change legislation.
Premium Real Estate's 'Shift to Green' Assessed and Advanced at
Infocast's Green Building Finance & Investment Forum - East
Leading institutional investors, fund managers, developers and
thought-leaders will convene in New York City September 8-10, 2008 to gauge
the impact of the “green tsunami” on property values and portfolio energy
efficiency at Infocast’s Green Building Finance & Investment Forum--East.
Quote of the Day 060608
"We think the current price is too high for developing
countries and there is a concern that this level is triggering the economic
slowdown...China and India paid around $50 billion in subsidies last year.
That support is not sustainable."
The head of the
International Energy Agency, Nobuo Tanaka, told reporters in Tokyo Friday he
was concerned that current high oil prices were causing a global economic
slowdown.
Report of Solar-Geophysical Activity 060408
Solar activity was very low. No flares were observed
for the past 24 hours and the solar disk was spotless. The geomagnetic field
is
expected to be quiet for the next three days (05-07 June).
Russia to set up gas producers think tank ahead of 'gas-OPEC'
Russia hopes later this year to set up an international gas producers'
think tank, which would advise national governments on gas policies and
pricing, but would not make any regulatory decisions, Oleg Zhilin, vice
president for Russian non-profit gas partnership Russian Gas Society, said
late Wednesday.
Scrap old cars and you get cash, bicycles - Canada
Canadians will be offered bicycles, public transit
passes or cash if they agree to scrap their old gas-guzzling vehicles,
the government said on Wednesday.
Siemens to open wind turbine research center in the state of Colorado,
U.S.
Siemens Energy announced today that it will establish its U.S. wind turbine
R&D competence center in Boulder, Colorado. The facility is expected to
employ an estimated 50 people and will focus on atmospheric science
research, aerodynamic blade design, structural dynamics, wind turbine
dispatch prediction and reliability.
Solar
panels meeting resistance
In a high-end Flagstaff neighborhood where residents shun the sight of
satellite dishes and utility lines, one resident is disregarding the rules.
Speculators drive up oil prices, need to be US-regulated-- panel
Speculators have driven oil prices up dramatically and need to fall under
US regulation, oil trading and market experts told the US Senate Commerce
Committee Tuesday.
Study Confirms Biomass Energy Reduces GHG Emissions And Is Good For The
Environment
"This latest research by Greg Morris finds that bioenergy production reduces
greenhouse gas levels by enhancing forest carbon sequestration. Biomass
electricity is produced from the controlled combustion of untreated
cellulosic wastes, such as bark, orchard trimming, rice hulls, and sugar
bagasse," Cleaves said
Take biofuel crops off the land and grow them at sea
The environmental and social costs of producing biofuels on land can
be avoided by farming seaweed, says Ricardo Radulovich.
Thin Arctic Ice showing Signs of an Early Breakup The
National Snow and Ice Data Center has just released their
latest update
(month of May) on the sea ice situation up in the Arctic. Here are
some of the main highlights from their report.....
Twelve-Month Bankruptcy Filings Rose 30 Percent through March
Bankruptcy filings in the federal courts for
the 12-month period ending March 31, 2008, exceeded 900,000, according to
statistics released Tuesday by the Administrative Office of the U.S. Courts.
Uranium output met only 60% of world requirements-- OECD agency
World uranium production at the end of 2006 was 39,603 tonnes, meeting
only 60% of world nuclear reactor requirements, the Organization for
Economic
Cooperation and Development's Nuclear Energy Agency said in a biannual
report
released Tuesday.
US biodiesel maker Renewable Energy Group buys fellow producer
US biodiesel producer/marketer Renewable Energy Group announced Tuesday
it has purchased fellow producer US Biodiesel Group, garnering a planned
plant
near the Houston Ship Channel and a California storage terminal.
US DOE grants export permit extension to Alaska LNG plant
The US Department of Energy has extended a federal permit by two years to
continue to allow exports of liquefied natural gas from the sole US LNG
export
facility near Kenai, Alaska.
US Mortgage Long-Term Rates Nearly Unchanged
Freddie Mac (NYSE:FRE) yesterday released the
results of its Primary Mortgage Market Survey (PMMS) in which the 30-year
fixed-rate mortgage (FRM) averaged 6.09 percent with an average 0.6 point
for the week ending June 5, up very slightly from last week when it averaged
6.08 percent. Last year at this time, the 30-year FRM averaged 6.53 percent.
US Senate carbon bill supporters lack votes to end debate-- Boxer
US Senator Barbara Boxer, chief sponsor of landmark climate change
legislation, said Tuesday she hopes to close debate on the bill in the US
Senate early Wednesday and proceed with amendments, but she acknowledged she
may lack the votes to do so.
US Weather
Commentary 060608
The 1st pitch has been thrown out, the game is underway, so let's review &
remind ourselves of some climatological loose ends, forecast warnings, and
rumors/pitfalls that still may be floating around.
Utah mine collapse not due to naturally occurring event-- study
The fatal Crandall Canyon mine collapse in Utah in August 2007 "was due
to the collapse of the mine and not a naturally occurring earthquake,"
according to Walter Arabasz, a seismologist who co-authored a report on the
event released Tuesday.
What's Moving the Oil Markets 060408
•On Tuesday, comments by Bernanke regarding the dollar's valuation sparked a
steep rally in the currency and a drop in commodities prices.
What's Moving the Oil Markets 060608
•Crude futures markets surged Friday building on the
momentum generated late Thursday evening, with further buying apparently
triggered by every half-dollar rise, markets sources said. NYMEX WTI has
gained over $8/b in less than two days, with Thursday seeing a record rally
on crude futures. Prices moved up by more than $6/b--the largest one-day
gain in absolute terms ever recorded.
•Opinion was mixed about the influence of the weakened US dollar.The weak
dollar was certainly on everyone lips Thursday following comments by
European Central Bank President Jean-Claude Trichet. "
Wind energy to overtake nuclear ‘by 2013’ - BWEA figures reveal
‘phenomenal growth’ in wind sector over next decade
Leaders of the UK offshore wind industry meet tomorrow for their annual
conference in Westminster. Figures released by the BWEA, the UK wind
industry trade association, reveal that installed wind energy generating
capacity will have surpassed installed nuclear within the next 5 years.
World needs $45 trillion to halve emissions by 2050-- IEA
The world needs to invest a total of $45 trillion between now and 2050 to
halve greenhouse gas emissions, the International Energy Agency said Friday,
warning that current energy trends were not sustainable.
June 3, 2008
Abu Dhabi power demand expected to soar 80% by 2012
Abu Dhabi expects demand for power to rise almost 80 % by 2012 on a boom
in the Gulf emirate's construction and industry sector, according to a
government forecast.
'America has hardly even begun to repay its debt to Iraq'
"America has hardly even begun to repay its debt to Iraq," said Abdul Basit,
the head of Iraq's Supreme Board of Audit, an independent body that oversees
Iraqi government spending. "This is an immoral request because we didn't ask
them to come to Iraq, and before they came in 2003 we didn't have all these
needs."
Banks’ Coverage Ratio on Loan Losses Dips to 15-Year Low
Insured institutions continued to build their loan-loss
reserves in the first quarter...The increased loss provisions were the main reason that reserves increased
by $18.5 billion, or 18.1 percent, during the quarter, to $120.9 billion.
Big Stone sinking
On May 9, two Minnesota administrative law judges
recommended against building transmission lines to carry power to their
state from a proposed coal-burning electric power plant, Big Stone II.
Otter Tail Power Company wishes to build the facility in South
Dakota...''Rather than focusing on immediate financial gain, they
demonstrated a vision for future generations and the environment.''
Bioenergy production surpasses hydroelectric power in Brazil
Energy produced from sugarcane exceeded hydroelectric power production in
Brazil in 2007, energy officials said.
This is the first time in Brazilian history that bioenergy production has
surpassed that of hydroelectric power,..
Blacklight Power claims nearly-free energy from water — is this for real?
The company claims that energy this atomic push releases can create
electricity for a single cent per kilowatt hour, less than any known
process, including burning cheap, dirty coal. The company says it can do so
with a non-polluting, self-perpetuating process that mostly feeds itself
with common water.
Casualty of
conscience
In the presence of more than 1,000 indigenous,
environmental and human rights activists gathered in the northern
Brazilian town of Altamira to protest the building of a huge
hydroelectric dam, a brief but sensational scuffle broke out between an
engineer from the construction company and a group of indigenous men,
several of them carrying machetes.
While headlines have focused on this incident, Native people and their
allies are trying to publicize other issues, such as how the dam would push
them off of their land, as well as the sustained violence against them.
Desert is claiming southeast Spain
Lush fields of lettuce and hothouses of tomatoes line
the roads. Verdant new developments of plush pastel vacation homes
beckon buyers from Britain and Germany. ..There is only one problem with
this picture of bounty: This province, Murcia, is running out of water.
Downward momentum resumes in crude futures markets
Downward momentum resumed in crude futures markets Monday, negating
Friday's brief rally as weaker products markets and less-than-bullish
sentiment moved the complex lower, market sources said.
DuPont plans to triple sales of solar energy products
Chemical and science-based product giant DuPont expects to more than
triple its solar power product sales in the next five years to meet
increasing demand for renewable energy.
Electric bills expected to rise 11 percent in New Bern
Electric bills in New Bern are expected to go up by 11 percent in July.
Falls puts hopes in 'green' hydropower-- Sees power-hungry industries as
a key to economic future
When Globe Specialty Metals sets up shop in Niagara Falls next year, it will
join established hydrogen producer Praxair, becoming the latest company
attracted to the clean, plentiful hydropower of Niagara Falls.
Fatal Utah Coal Mine Collapse Covered 50 Acres
The 2007 underground collapse of a Utah coal mine, which
resulted in the deaths of six miners and three rescuers, covered 50
acres (20 hectares), or the area of 40 American football fields,
according to a report released on Monday by seismologists.
Federal report gauges temperature increase for century
All of North America will likely warm during this century, with average
temperature increases ranging from 3.6 to 7.2 degrees Fahrenheit, according
to a federal government report released May 29.
First Quarter Mortgage Charge-offs Skyrocket by 640 Percent
Net charge-offs on mortgage loans secured by one- to four-family residential
properties increased 640 percent from $889 million in the first quarter of
2007 to more than $6.58 billion last quarter, the Federal Deposit Insurance
Corporation reported last week in its Quarterly Banking Profile.
Food Price 'Catastrophe' Feared On Eve Of Summit
Soaring food prices could trigger a global catastrophe
and the world's poor need action, not words, from this week's UN food
security summit, human rights activists and the World Bank said on
Monday.
Foreign companies stay away from Iraq
Iraq has failed to attract foreign companies due to violence and around
70 % of the oil pipeline network remained idle due to sabotage and lack of
repairs last year, the Oil Ministry said.
Forum urges US and Mexico to resolve gulf boundary dispute
The US and Mexico are becoming more aware of the
potential for disputes over deepwater Gulf of Mexico oil resources...
French truckers still blocking Total's La Mede refinery
Some 20 trucks were still blocking Total's 158,000 b/d La Mede oil
refinery on the southern Mediterranean coast early Tuesday, the French oil
major said, as part of ongoing protests over fuel prices.
Greece’s power sufficiency now in hands of its neighbours
The country’s energy authorities are seeking to import
quantities of electricity to ensure sufficiency during the crucial
summer months....The shortfall could become even greater in the case of
an extended heat wave..
Green Business Alliance Announces Offering with Constellation NewEnergy
“Constellation NewEnergy and Green Business Alliance are committed to making renewable
energy solutions more accessible to businesses of all types and sizes
throughout the United States.”
Huntsville-- Congressional leaders back more nuclear power
The Tennessee Valley is poised to lead the nation's revival in nuclear power
generation, congressional members from the TVA region said here Thursday.
Massachusetts energy bill hung on alternative portfolio standard
Massachusetts' first major energy bill in a decade has hit a snag over a
provision that would require utilities to secure part of their power from
gasified coal-fired plants, groups on both sides of the debate said Monday.
Mexico to reduce oil exports to US in 2008
Mexico will reduce its crude oil exports to the US by an average of
184,000 bpd throughout 2008, a situation that could continue for 2 years
longer.
New Allied site processes 1,500 tons of C&D debris daily
A new construction and demolition debris recycling facility in Chicago
has the capacity to process up to 1,500 tons of material daily, according to
Allied Waste Industries Inc.
North Sea production is in decline much more quickly than predicted
North Sea production, which barely covers UK demand, is in decline much more
quickly than predicted. The most pessimist forecasts suggest oil and gas
production could be only a sixth of current levels.
NYMEX crude slides as US dollar firms on Bernanke comments
July crude futures on NYMEX fell back below $126/barrel early Tuesday,
hitting an intra-day low of $125.65/b, down $2.11 as the US dollar firmed on
remarks from US Federal Reserve chairman Ben Bernanke on the greenback.
Ontario, Quebec ink cap-and-trade deal to reduce GHG emissions
Ontario and Quebec split from the Canadian government in signing an
accord Monday to establish an inter-provincial carbon trading market by
2010,
using the Kyoto Protocol as a baseline.
OPEC's crude oil production in April
The 13 members of the Organization of Petroleum Exporting Countries
(OPEC) pumped an average 31.87 mm bpd of crude oil in April, a 350,000 bpd
decrease from March, according to a Platts survey of OPEC and oil industry
officials.
The sharp drop was largely the result of steep output losses in Nigeria.
Overview of Latin American oil exports to the USA
Five countries from Latin America are present in the list of the top 15
exporters of crude oil to the United States of America (USA) in February
2008. However, only two countries reported year-over-year increases in
production while the other three reported declines.
Peak
gas? Coming your way soon
Whether you believe some of its wilder aspects or not, the spectre of peak
oil theory haunts the oil market. It has been a constant shadow encouraging
long-only investment strategies and has contributed in no small part to the
perception that there is only one direction for oil prices, and that is up.
But the theory applies equally to natural gas, and in more than one way.
Peak Water-- Aquifers and Rivers Are Running Dry. How Three Regions Are
Coping
That the news is familiar makes it no less alarming: 1.1
billion people, about one-sixth of the world's population, lack access to
safe drinking water. Aquifers under Beijing, Delhi, Bangkok, and dozens of
other rapidly growing urban areas are drying up. The rivers Ganges,
Jordan, Nile, and Yangtze — all dwindle to a trickle for much of the year.
In the former Soviet Union, the Aral Sea has shrunk to a quarter of its
former size, leaving behind a salt-crusted waste.Water has been a
serious issue in the developing world for so long that dire reports of
shortages in Cairo or Karachi barely register. But the scarcity of
freshwater is no longer a problem restricted to poor countries...
Pennsylvania orders two Marcellus Shale E&Ps to stop taking water
Pennsylvania regulators for the first time ever ordered two gas drillers
to suspend part of their drilling operations and stop taking water from
nearby
streams in northeastern Pennsylvania on Friday.
Putin confident Russian oil output to grow in coming years
Russia's Prime Minister Vladimir Putin is confident that oil output in
Russia will grow in the next several years due to recent decisions by the
government to reduce the tax burden on the sector.
Quote of the
Day 060208
"High oil prices are the result of supply and
demand factors that are likely to persist for some time. Supplies have been
affected by low capacity expansion and declining yields, while demand has
surged largely due to growth in emerging markets. Speculation and the
depreciation of the dollar are likely only small factors behind oil price
increases."
Current high oil
prices are mainly due to supply and demand fundamentals, with the activity
of speculators and the weak US dollar having only a modest impact on prices,
US US Treasury Secretary Henry Paulson aid Monday in Abu Dhabi.
Renewable energy measure qualifies for California November ballot
A proposed renewable energy initiative calling for all electric utilities
in California to derive 50% of their electricity from renewable resources by
2025 qualified late Monday for the November statewide ballot, after
environmental groups and other critics called it deeply flawed.
Rich countries 'failed to heed' food crisis warnings
The UN Food and Agriculture Organization asked the world's countries
today for $30 billion a year to "re-launch world agriculture" and deal with
food shortages that have caused
soaring food prices, hunger and unrest worldwide.
Rich nations earn more from oil than OPEC
OPEC says the governments of the UK, France and Italy pocket more than 50
% from a litre of gasoline, confirming the oil-exporting group’s opinion
that rising crude oil prices contribute little to motorists’ pain at the
petrol pumps in Europe and excessive taxes are the main culprit.
Russia, Norway and Mexico fail to boost oil output
Oil producers outside the Organization of Petroleum Exporting Countries
(OPEC) probably won't be able to increase output and help reduce prices
because of higher drilling costs and restrictions on foreign investment....
Non-OPEC nations have provided most of the increase in output in the last 30
years from new fields in Alaska, the North Sea and the Caspian Sea region.
Some US retailers gearing up for $5gal gasoline--sign maker
As US retail gasoline prices move beyond $4/gal, some companies are
gearing up for $5/gal gasoline, according to one company that sells retail
service station signage.
Study Reports Significant Improvement in Global Corporate Credit Quality
in May
"The sharp reversal in the steady deterioration of
credit quality that we have seen for the last year came in all but the
most troubled companies,"...
Survey says 21% of Americans would support hometown reactor
34% would support a clean coal technology plant, and 32%
would support a liquefied natural gas facility.
The corn oil
deception
Corn ethanol has exploded recently in the headlines as the latest big
fuel mistake and cause of public outrage. Its very production has been
denounced by numerous world leaders as a “crime against humanity” because
corn cultivation for ethanol diverts food acreage to fuel acreage creating
the tectonic cause of the severe spike in food prices. This has in turn
helped swell a rising tide of starvation for millions around the world.
The good news, the bad and the ugly
Starting with the good news first: it seems there is an
expectation amongst a greater group of oil-executives that the price of
oil will go down substantially later this year.
The oil
swindle never stopped
In the year 2000, there was a tremendous glut of oil in
the world market. Supertankers were fully loaded and standing off-shore
with no takers, no room in the land-based tank farms, no capacity at the
refineries (or so we were told)....In effect, a world wide glut of crude
oil was being described as a shortage.
Turkey to establish 15 wind power plants in Aegean coast
Turkey plans to establish 15 wind power plants in its Aegean coast, an
official from the energy authorities said on Sunday.
Turkish energy bill jumps 56% in first quarter
High oil prices have led Turkey to spend more than ever on oil imports.
Following the dramatic rise in prices, oil and other fuel now amount to 22.3
% of Turkey's total import volume cost.
Turkish Government Decides To Approve Kyoto Protocol
The Turkish government has decided to approve the Kyoto
Protocol. the UN-led global climate pact, and will send a bill on the
issue to parliament shortly, a government spokesman said on Monday.
Two US Tribes Differ On Approach To Energy Riches
For many decades the rival neighbouring American
Indian Crow and Northern Cheyenne tribes have suffered high unemployment and
poverty in a remote area of one of the most remote US states.
Now the Crow are starting to develop the energy riches on their reservation
-- including billions of dollars worth of coal, oil and gas -- in an effort
to end poverty, while the Northern Cheyenne say widespread extraction of
coal or other natural resources could threaten their reservation.
Undoing
America's ethanol mistake
by Senator Kay Bailey Hutchison-
The Nobel Prize-winning economist Milton Friedman once said, "One of the
great mistakes is to judge policies and programs by their intentions rather
than their results."
When Congress passed legislation to greatly expand America's commitment to
biofuels, it intended to create energy independence and protect the
environment. But the results have been quite different.
US DOE's Yucca Mountain application to be sent to NRC on Tuesday
DOE has spent 20 years and more than $10 billion studying the desert site
roughly 90 miles outside Las Vegas, the state's population center, according
to the Nuclear Energy Institute.
US' GreenHunter says Houston biodiesel refinery to open Monday
US renewable fuels developer GreenHunter Energy will begin commercial
operations on Monday of a new biodiesel refinery in Houston, Texas, the
company said.
US' Paulson urges oil producers to be open to foreign investment
Current high oil prices are mainly due to supply and demand fundamentals,
with the activity of speculators and the weak US dollar having only a modest
impact on prices, US Treasury Secretary Henry Paulson aid Monday.
US Wind Sector Urges Tax Credit, Power Line Work
The United States must keep offering tax credits for
alternative energy projects and take steps to simplify building of large
power lines if the country is to meet a goal of getting 20 percent of
its electric supply from wind power by 2030, a panel of experts said on
Monday.
What's Moving the Oil Markets 060208
•Downward momentum resumed in crude futures markets
Monday, negating Friday's brief rally as weaker products markets and
less-than-bullish sentiment moved the complex lower, market sources said.
•"There is downward pressure after all these highs--sentiment is turning
away from very bullish to neutral, although not bearish at this stage,"
a London-based trader said
Wind Plant
Still Up in Air
A Topeka legislator hopes the Legislature's decision not to extend a tax
break doesn't kill the city's chances to attract a wind turbine
manufacturer.
"I would hope not," Sen. Laura Kelly, D-Topeka, said in an interview Friday.
"It (the tax break) expires in 2009. I would hope they (the company) would
have confidence in us to work hard to get it in the next session. That would
be my fantasy."
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