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Technology Could Cut Annual CO2 Emissions in U.S. by 22 Percent and Save up to $240 Billion by 2020Emissions Reduction Would Be Equivalent to a 20 to 36 Percent Cut in Imported Oil Consumption, According to Study by The Boston Consulting Group on Behalf of the Global e-Sustainability Initiative; Research and Recommendations Are Unveiled and Discussed at Policy Forum in Washington, D.C. ... |
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International Energy Agency: 6°C Temperature Hike Could Be PossibleThink a 2°C hike sounds bad? Try 6°C. That's how much average global temperatures could rise, according to the International Energy Agency's (IEA) soon-to-be released 2008 World Energy Outlook. Reuters and The New Scientist's Catherine Brahic write that the report, which will be released Novem ... |
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As Oil Prices Drop, OPEC Ponders Tough SolutionsHistory suggests that OPEC will face a tough time propping up prices as oil consumption slows down and the world teeters on the edge of a global recession. ... |
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OPEC Struggles to Respond to Slumping Demand for OilHistory suggests that OPEC will face a tough time propping up prices as oil consumption slows down and the world teeters on the edge of a global recession. ... |
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Happy thoughts and fairy dustBy Joseph Romm Last week I critiqued EDF's pointless video/graphics competition (see here). The contest is pointless because a carbon cap can't cure our oil addiction. Indeed, under any plausible cap, U.S. oil consumption rises. Gernot Wagner, an economist at Environmental Defense Fund, resp... |
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Crude Rallies, Market Seen ‘Drifting in and out of Panic Mode’In the energy market Tuesday, crude for November delivery recovered modestly from Monday’s selloff, closing at $90.06/barrel, up $2.25. November reformulated gasoline added less than a half-cent, to $2.0628/gallon. Sucden Research analysts attributed Tuesday’s action to “technic... |
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