Fossil fuels

South Korea to invest $35 billions in energy

” The South Korean government has announced that it intends to invest $35.4 billion in the renewable energy sector over the next five years as it aims at reducing its dependence on fossil fuels and build a green economy for the future.” “The South Korean government announced the ‘Green Korea’ plan in September 2008 which …

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Californian electricity to be 33 % renewables

While the US federal government is still haggling about a climate and energy bill, the richest state is willing to have a third of its electricity coming from solar, wind and the likes by the end of the decade. The local government points to the fact that this will decrease the dependence on foreign fossil …

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China to take the lead in the cleantech arms race

It seems that at least one country clearly understood how cleantech is important, even vital in today’s and tomorrow’s world. Indeed, the People’s Republic of China is going full speed ahead at developing all clean energy sources. On June 19 it revealed a $738 billion dollar plan – 545 billion euros – to develop cleaner …

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Can Obama really cut oil companies’ tax breaks ?

To the Huffington Post quoting Associated Press : ” President Barack Obama says it’s time to roll back “billions of dollars in tax breaks” for oil companies and use the money for clean energy research and development. “ We have seen it here in numerous occasions : fossil fuel companies are receiving each years billions to …

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Can Australia become carbon neutral by 2020 ?

While having a look at the RSS feed of TreeHugger I found something that made me smile : How Australia Could Be Carbon Neutral in 10 Years. Let’s be honest : it really can’t be done. Let’s see why here. The plan outlined by Beyond Zero Emissions states that all the energy consumed in the country …

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Extreme oil anyone ?

While some magazines print sensationalist articles, some other prefer to carry out real research with real facts and figures. New Scientist indeed published an interesting article on what they call extreme – or unconventional – oil. Understanding that peak oil is either near or already arrived we can either burn as much unconventional oil as …

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We still are funding fossil fuels industries

After the quite encouraging news of Wednesday I would like to present you a study showing that the United States’ government still gives much more money to polluting fossil fuels industries rather than lower carbon solutions. This occurs as I noted last year than to the UNEP  cutting the subsidies given to big oil and …

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Future fuels: forget about oil

I came across interesting articles on what could be the fuels for our cars and planes in the future. This is for the moment just research, but there is no doubt that with peak oil approaching, alternatives are being sought. Even if most if not all cars nowadays run on gas, they could well soon …

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