Choice of the day

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Tom Friedman Calls for a Green Revolution

by Robin Fray Carey on 07/05/2008 09:23   0 comments , 12 views
Categories: Efficiency, Energy, Environmental Policy, Climate
Tags: oil, carbon tax, green, tom friedman, green revolution, aspen institute, iraq war

From the HuffingtonPost.com, with video of his speech on Thursday at the Aspen Institute, Tom Friedman’s preview of his new book, Hot, Flat, and Crowded: Why We Need a Green Revolution — and How It Can Renew America. 

Personally, while I used to admire Friedman, I find his support, and ongoing rationalization for his support, of the Iraq War to be worthy of a trip to a re-education camp.  But I am hoping that his wide following will ...

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NYMEX crude oil prices hit $145.85 record as stocks tumble and OPEC blows smoke

by Low Ee Mien on 07/04/2008 06:17   0 comments , 43 views
Categories: Oil, Transportation, Energy Investing
Tags: peak oil, economics, oil prices, gas prices

bloomberg.com :

Crude oil traded near a record in New York above $145 a barrel as investors purchased commodities as an alternative to flagging equities markets. Oil has risen 19 out of 27 weeks this year as money managers bought crude futures rather than US stocks, which yesterday [3 Jul 2008] completed the longest streak of weekly declines in 4 years. Crude oil for August 2008 delivery climbed to $145.85 a barrel, the highest since trading .....

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+2 2 votes

Tesla Motors supplying Mercedes Benz with electric battery - what does this mean for electric vehicles?

by Chris Schultz on 07/02/2008 16:30   5 comments , 99 views
Categories: Electricity, Efficiency, Batteries, Coal, Transportation
Tags: mercedes benz, tesla motors, evs hevs
Update: As pointed out by Jason in the comments to my last post, it has been confirmed that none other than Tesla Motors will begin supplying Mercedes Benz with an electric battery to power Mercedes' new electric car, rumored to begin production in 2010. This is huge news to EV advocates and I think it shows how automakers are hesitant to invest too much into Hydrogen vehicles since it is taking the governments so long to provide the necessary ...
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+2 2 votes

The Fate of the Small Rural Town

by Robert Rapier on 07/02/2008 16:15   2 comments , 59 views
Categories: Oil, Transportation
Tags: urban development, gas prices, travel, commuting, suburbia, rural
Update: Today's Drumbeat at The Oil Drum features two additional stories covering this issue:

Gas guzzlers and 'ghostburbs'

SUV factories closing, bicycle sales and train use rocketing, commuter belts becoming "ghostburbs" as residents flock to the inner cities . . . welcome to 2008 America, where soaring oil and petrol prices have triggered a sudden revolution in travel behaviour and a seismic upheaval in the automobile industry.


High gas prices t...
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Singapore petrol prices increase second time in 10 days, up 14 times in past year

by Low Ee Mien on 07/05/2008 02:33   0 comments , 9 views

This article belongs to the Singapore inflation watch story arc.

today weekend (newspaper) :

Just days after they were last raised, pump prices continued their upward spiral on Friday [4 Jul 2008] - at around 4pm, Shell raised petrol and diesel prices by 5 cents and 10 cents, respectively, the 14th consecutive hike since last July. The other retailers - Caltex, Mobil and SPC are expected to follow suit shortly with similar hikes.

- And here...

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Show Me

by Robert Rapier on 07/04/2008 16:54   0 comments , 2 views
I got a kick out of this story from the newest issue of Subsidy Watch:

New research from Missouri refutes allegations that ethanol mandates save money

A report from a Missouri-based research organization debunks the claim that Missourians are saving money through a state law requiring that retail gasoline contain a minimum of 10% ethanol. The report is in reaction to an assertion by the Missouri Corn Merchandising Association (MCMA), alleging that...
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Biofuels - the bad and the good!

by James Governor on 07/04/2008 12:11   0 comments , 4 views
Categories: Alternative Energy, Sustainability, Energy
Photo Credit jurvetson The Guardian revealed today that it has obtained a World Bank report claiming that biofuels are responsible for 75% of the recent surge in food prices - far more than was previously thought. Rising food prices have pushed 100m people worldwide below the poverty line, estimates the World Bank, and have sparked riots from [...]
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Shell Japan to build giant solar plant

by Todd Wallace on 07/04/2008 09:06   0 comments , 6 views
Categories: Electricity, Batteries, Renewables, Alternative Energy, Green Business, Energy, Geothermal Energy, Wave & Tidal, Solar Power, Wind, Hydro Power, Biofuels, Green Building
Japan’s Showa Shell Sekiyu is planning to build a 100 billion yen (US$948 million) solar panel plant, one of the largest in the world. He said the new plant would have an annual capacity of 1,000 megawatts, equivalent to that of a regular-sized nuclear power reactor, and outdistancing Sharp’s domestic plant which has an estimated 710 [...]
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PG&E to add more wind to portfolio

by Todd Wallace on 07/04/2008 09:06   0 comments , 3 views
Categories: Electricity, Batteries, Renewables, Alternative Energy, Green Business, Energy, Geothermal Energy, Wave & Tidal, Solar Power, Wind, Hydro Power, Biofuels, Green Building
San Francisco’s PG&E has signed an agreement to buy wind power from the Houston-based Arlington Wind Power Project. Under the agreement, Horizon is to deliver 240 GW hours of renewable wind energy annually to PG&E’s customers throughout northern and central California. Link to original article
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Latest AEI newsletter covering June now available . . .

by Dan Lewis on 07/04/2008 03:59   1 comment , 46 views
Categories: Alternative Energy, Energy Investing
Tags: alternative energy, investing, stocks
See here for details and sign up if you haven't already, it's free. No question, this has been one of the toughest months for alternative energy stocks since I began this site - we do seem to be in some kind of a global bear market.

I thought it would be interesting to contrast the prices with my earliest newsletter from the start of 2007;

  • Oil was less than $60 which seems a world away now when we are clearly over $140 a barrel.
  • The Wilderhi...
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Global Alternative Energy Stocks: winners, losers and latest news - 2 to 3 Jul 2008

by Dan Lewis on 07/03/2008 19:55   0 comments , 29 views
Top 5 Gainers

Quant Ene Fpo ASX:QTM HeatPumps 10.00%

Mechanical Technology Incorporated (MM) NASDAQ:MKTY FuelCells 9.37%

Dynetek Industries Com Npv TSE:DN...
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Garnaut Review out today

by David Jeffrey on 07/03/2008 19:18   0 comments , 24 views
Categories: Agriculture, Environmental Policy, Climate
Tags: garnaut review

The draft report of Professor Ross Garnaut's Climate Change Review will be released at 12.30 today here.


For overseas readers, this review has been described as the Australian version of the Stern Review. The report will look at the economic impact on Australia of climate change and the design of a domestic emissions trading scheme (ETS), as well as suggestions for Australia's role in international negotiations. The findings will be a major...
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The Benefits of $4 Gas

by Robert Rapier on 07/03/2008 16:35   0 comments , 27 views
Categories: Politics & Legislation, Oil, Transportation
Tags: oil, gasoline
There is a great article today in Time. It covers a lot of 'hot button' issues with me, such as suburban sprawl, shorter work weeks, and conservation:

10 Things You Can Like About $4 Gas

Gas prices are near $4 per gal., as no one needs to tell you, and they are likely to stay that way. Most of us still don't have the alternatives we need to adapt with grace, which means that many will adapt just by suffering. We will run out of gas on I-80, ease...
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The Speculation Question

by Robert Rapier on 07/03/2008 16:35   0 comments , 27 views
Categories: Oil, Transportation, Energy Investing
Tags: peak oil, economics, oil prices, gas prices
I have grappled over the past year with the question of just how much speculation is playing a factor in runaway oil prices. I think it is primarily a supply/demand issue, but I feel that such a large flow of money into commodities is also driving the surge.

Not so, says a new article in Fortune:

Hunting for oil villains

NEW YORK (Fortune) -- Atlanta hedge fund manager Michael Masters has been a star witness in two recent Congressional hearings o...
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Weekly Highest Rated

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+5 5 votes

Escaping the Grid

by Cliff Figallo on 06/10/2008 15:57   0 comments , 243 views
Categories: Electricity, Sustainability, Solar Power, Wind
Tags: electrical grid, microcommunities, off-grid living
It’s been a while since I last blogged here. Not for lack of stuff to blog about; this is a topic that will just get louder and more active as time goes on.  But I’ve been busy serving clients. In my early communal days, I can honestly say that I lived almost completely off-grid for a [...]
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+5 5 votes

Webcast: Learn more about plug-in hybrids NOW

by Joseph Romm on 06/11/2008 16:31   0 comments , 208 views
Categories: Electricity, Oil, Transportation, Climate
Tags: hybrid electric vehicles, brookings institution, phev, ev's, google
The Brookings Institution and Google have started a two-day conference on plug-in hybrids elective vehicles you can listen to here. Needless to say for Climate Progress readers, PHEVs are a core climate solution and probably the best way of significantly reducing US oil consumption (see “Plug-in hybrids and electric cars — a core climate [...]
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+4 4 votes

Congress Politicizes Energy Incentives, 116,000 Jobs in Jeopardy

by Watthead on 06/13/2008 07:16   1 comment , 229 views
Categories: Politics & Legislation, Renewables, Alternative Energy, Solar Power, Wind, Energy Investing
Tags: legislation, renewable energy and job creation act of 2008
By Alisha Fowler and Jesse Jenkins. Cross-posted from the Breakthrough Blog.

On Tuesday the Senate failed to pass the Renewable Energy and Job Creation Act of 2008 (50-44). The bill contained, among other things, critical production tax incentives for the rapidly growing renewable energy industry. The Senate may get another chance to vote on the incentives this month, but their bickering, politicization of the issue and ultimate stalling is looki...
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+4 4 votes

Tesla Motors announces new $60k sedan

by Chris Schultz on 07/01/2008 23:14   0 comments , 82 views
Categories: Politics & Legislation, Transportation
Tags: electric vehicles, evs, tesla
The Governator, Arnold Schwarzenegger, announced just yesterday that Tesla motors has agreed to locate the production of its new Model S sedan within the State of California. The new electric powered 5 passenger sedan will go for around $60k ($35k less than Tesla's two seat roadster) and will be able to travel roughly 230 miles per charge. Now this is what I am talking about. I've always thought that electric vehicles offered us the quickest...
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+4 4 votes

Will Protest Bring Down Cost Of Oil??

by Simon Tay on 06/10/2008 14:25   0 comments , 246 views
Categories: Oil
Tags: peak oil, energy crisis, oil producton peak, global, oil crisis, power down, preparation, protest
Everywhere you listen from radio, television, newspapers and friends is about the surge in oil prices and inflations.

My friend from Malaysia who knew about "peak oil" about the same time as me brushed off invitation to protest by many ladies there. He had been praised for his "ability predict the future" and even wrongly accused as government agent to convince people to conserve energy.

Yes, I did knew about all these is about to happen som...
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Weekly Most Discussed

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+3 3 votes

21 billion in proven oil reserves won't last long

by Chris Schultz on 06/17/2008 17:32   7 comments , 326 views
Categories: Oil, Environmental Policy
Tags: john mccain, oil exploration, offshore drilling, oil consumption
So John McCain caught wind that the United States has 21 billion barrels of domestic proven oil reserves. That is his justification for drilling offshore and in ANWR, that and the fact that he was kissing up to the oil and gas industry in Houston earlier today. Regardless, the fact that we do have 21 billion barrels of oil reserves shouldn't give anyone any comfort since the United States will consume that amount in less than three years. McCa...
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+2 2 votes

Tesla Motors supplying Mercedes Benz with electric battery - what does this mean for electric vehicles?

by Chris Schultz on 07/02/2008 16:30   5 comments , 99 views
Categories: Electricity, Efficiency, Batteries, Coal, Transportation
Tags: mercedes benz, tesla motors, evs hevs
Update: As pointed out by Jason in the comments to my last post, it has been confirmed that none other than Tesla Motors will begin supplying Mercedes Benz with an electric battery to power Mercedes' new electric car, rumored to begin production in 2010. This is huge news to EV advocates and I think it shows how automakers are hesitant to invest too much into Hydrogen vehicles since it is taking the governments so long to provide the necessary ...
read more
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+2 2 votes

The airline conundrum

by Lou Grinzo on 06/16/2008 13:56   5 comments , 223 views
Categories: Politics & Legislation, Oil, Transportation
Tags: oil prices, subsidies, airlines, commercial air travel, jet fuel
As the dual problems of global warming and peak oil become so pressing that even US politicians can no longer ignore them, they, and all Americans, will face a daunting series of public policy questions. In one way or another, all the questions raised by the need to rein in CO2 emissions and accelerate [...]
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