Briefs 07/27/09
Peak Oil Task Force Report: If San Francisco is to thrive in the 21st century Continue Reading
Peak Oil Task Force Report: If San Francisco is to thrive in the 21st century Continue Reading
Using a coupled climate and carbon cycle model is appropriate if you want to want to estimate future anthropogenic emissions from presumably vast fossil fuel resources, but such a model does not capture what might actually happen “on the ground” in the real world. A prompt transition from oil to coal-based liquids is clearly impossible, as I’m sure—I’m hopeful— Caldeira would admit.
Starting in the vicinity of $60 a barrel on Monday, oil prices closed at $63.56 Continue Reading
Largely unreported in the western press are the devastating effects that electric power shortages are Continue Reading
Many who are counting on a rapid economic rebound in China to lead the world Continue Reading
OPEC countries will trim shipments by 0.8 percent to 22.55 million barrels a day in Continue Reading
The dysfunctional symbiosis between the two countries should be a familiar story by now: Americans consume more than they produce, the Chinese produce more than they consume. Americans are spendthrift, the Chinese are frugal. The Chinese make the stuff Americans buy. Americans run large trade deficits, while the Chinese have a large trade surplus. The Chinese manipulate the value of the Renminbi (the Yuan) to keep the imbalance going. The Chinese buy our debt but will not abandon the dollar…
Since touching a high for the year above $73 a barrel last month, oil prices Continue Reading
The US government has never had so many balls in the air at the same Continue Reading
Output from the first wells drilled at Exxon Mobil’s Horn River basin shale-gas field in Continue Reading