According to Fast Company : ” Many major cities have seen a decline in driving over the past few years. The reasons for this are varied, but if it’s a continuing trend, it’s going to mean drastic changes for the way we shape our cities. “ ” (…) There’s just one caveat: The study only …
According to Environment America, a federation of US organizations, the country could reduce its oil dependence by 79 billion gallons per year—more than all of their imports from OPEC nations. For those who are not familiar with gallons and other non-metric – I almost wrote exotic – measures, this represents 299 047 530 936 liters of oil, or …
In French, we have an expression, ” la fuite en avant “ which can be explained this way : “A fuite en avant is something one does when one is in a losing situation, and one hopes to salvage it by doing more of the same or worse.” Not that I want to delve into …
If you think gasoline is too expensive, you haven’t seen anything yet… To the Wall Street Journal : ” Nomura Securities says that if Algeria joins Libya in the land of chaos, oil prices could shoot to $220 a barrel. That’s in a worst-case scenario.” “To back up that headline grabber, Nomura compares the current …
To the Guardian : ” The US fears that Saudi Arabia, the world’s largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in show. The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil executive that the …
To the AFP news agency : ” Brent crude rose on Tuesday, holding above $101 on fears that worsening turmoil in Egypt could disrupt supply flows through the strategic Suez Canal, analysts said. “ It had been more than two years than oil didn’t reach such levels. This happens as I read yesterday an interesting …
Like every year at this period, the International Energy Agency published this week its latest World Energy Outlook (WEO). This year it is focusing on how country members can reach the goal they committed to in Copenhagen. Indeed limiting the rise in temperatures to 2°C is an important goal that requires a plan of action. …
Yesterday took place around the world 7,700 gatherings in over 180 countries to urge governments to embrace 350 : lowering the amount of carbon dioxide to 350 ppm (today’s levels are at 388). I already stated that we are facing a triple crisis with massive unemployment, climate change and decreasing energy supplies (peak oil and …
While browsing CleanTechnica I found an interesting article on peak oil. According to a leaked military report from the German Bundeswehr, peak oil will occur this year and the consequences will be dramatic. Among them are market failures and tremendous risks for democracy itself. As Cleantechnica notes “ it is unlikely that any nation would …
According to the Telegraph : ” The world’s oil reserves have been exaggerated by up to a third, according to Sir David King, the Government’s former chief scientist, who has warned of shortages and price spikes within years.” ” The scientist and researchers from Oxford University argue that official figures are inflated because member countries of …
