The president of the OPEC stated earlier this week that oil prices might keep on climbing steadily and reach 200 USD per barrel before year end. This might seem far-fetched, but since the beginning of the year, oil prices rose by nearly 20 percent and there is no sign that the situation will reverse. Meanwhile, …
95 percent of road transportation still depends on oil, and this is major problem as oil prices keep on increasing and as peak oil nears inexorably. This is major drive to find a solution. The WWF, the renowned environmental organization, released earlier this month an interesting report on what they believe should be the future …
In two different articles, Les Echos [Fr] and the IHT are fearing that the current fears of recession might endanger the expansion of renewable energies. Indeed the IHT noticed a drop in stocks of these companies and Les Echos reported a fear that the French government might not respect its Grenelle’s commitments. Indeed, as the …
While browsing my favorite environmental websites, I discovered a gem : the official blog of the EU Energy Commissioner, Mr. Andris Piebalgs. There I read an impressive article on the multiple benefits an increase of 20 percent of energy efficiency would bring to the EU and its 27 state members. This is perhaps the best …
According to The Guardian and Cleantech, Ireland plans to invest 22 billions euros on renewable energies and “smart” and efficient systems over the next 12 years. Half of this money will be invested in wind, wave and tidal energies and biomass. This is due to cut by half the greenhouse gases emissions by 2020. An …
I have been writing it for months, and it seems that I am right as no other than the International Energy Agency is now urging to act on energy efficiency of buildings. Indeed, their latest publication is on this topic and their findings corroborate the ones I had in my master’s thesis. They also go …
That’s it, yesterday at the New York Mercantile Exchange the oil prices reached $110 for the first time in History. This occurs only two months and a half after it reached $100. This can be explained by the fact that the Dollar is weakening as time goes and as now the Euro is worth $1.55. …
According to the latest report of the Renewable Energy Policy Network for the 21st century (REN21), renewable energies are witnessing an important increase. Indeed global generating capacity of grid-connected solar photovoltaic rose by 52 percent and wind power by 28 percent in 2007, compared to 2006. These renewables are due to have a bright future, …
I continue my series on the various investments realized in renewables as the Worldwatch Institute released a report giving some data on this topic. According to this NGO, global investments in these various energy sources might reach 66 billion USD in 2007, a sharp increase over 2005 and 2006. The State of the World 2008 …
Worldwide, 66 billion USD invested in renewables Read More »
Investment within Venture Capital in solar photovoltaïc in the United States reached one billion Dollars in 2007. This almost represents a ten-fold increase compared to 2005. Greentech Media proposes for $600 a full report on the importance this energy source has in venture capital (VC) today and will have in 2009. The least I can …
