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THE ECONOMIST agrees that Peak Oil is here
Written by Kelvin Scoon   
Monday, 06 August 2007

Wealth Daily Newsletter and website has quoted the Economist magazine article of July 19. “The world is consuming more oil than it is producing.”--The Economist, July 14-20 print edition.

To read the full Wealth Daily story go to:

http://www.wealthdaily.net/articles/peak+oil-production-global/374/wd

CHAVEZ announces green initiatives for Venezuela
Written by Webmaster   
Wednesday, 07 February 2007
CARACAS , Venezuela , February 7, 2007 -- With the controversy continuing to rage over the causes of climate change, one of the major oil producers is going green.

That's according to Hugo Chavez, President of the oil rich - and wealthy - Venezuela who has urged the world to cutback on oil use to fight global warming and said his country would lead by example.

Speaking on the heels of the Fourth Assessment Report by the Inter-Governmental Panel on Climate Change (IPCC) which has now said that climate change is a certainty and that it is caused by human activity, Chavez called on fellow Venezuelans to use public transport more in order to reduce carbon dioxide emissions from their vehicles. Carbon dioxide is a leading cause of global warming said the IPCC. Global warming would melt the world's ice-caps, lead to sea level rise, flooding coastal states and fuel erratic and severe weather systems worldwide.
Read more...
Oil Woes in Iran
Written by Webmaster   
Friday, 15 December 2006
Surprise: Oil Woes In Iran
Flagging output from its vast reserves could diminish Tehran's influence
Newsletter Rebuts CERA Debunking of Peak Oil Theory
Written by Webmaster   
Friday, 15 December 2006

In a recent two-part article the popular financial newsletter Whiskey and Gunpowder has issued a strong
rebuttal to the recent press release issued by Cambridge Energy Research Associates (CERA), in which
CERA claimed that Peak Oil theory "falls down because of serious flaws in logic and application."

 

Your peakoil-ps editor strongly recommends that you read these articles by following the links at:

11/21/2006 - Peak Oil & Gas, Energy Cornucopia, and Reality, Part I

11/22/2006 - Peak Oil & Gas, Energy Cornucopia, and Reality, Part II
World's largest solar power station to be built in NW. China city
Written by Webmaster   
Wednesday, 22 November 2006
The world's largest solar power station is set to be built in Dunhuang City, northwest China's Gansu Province, local government sources revealed on Tuesday.

The 100-mw project will cost approximately 6.03 billion yuan (765 million U.S. dollars) and construction work will take five years.

The city government has signed a letter of intent with the Zhonghao New Energy Investment (Beijing) Co., Ltd.

Covering a total area of 31,200 square meters, the oasis town of Dunhuang boasts 3,362 hours of sunshine every year and is hailed as a prime area for solar energy development, with its easy access to electricity transmission and communications.

Currently, the world's largest solar power station is a 5-mw project in Leipzig, Germany, with 33,500 solar panels.

Source: Xinhua

Last Updated ( Wednesday, 22 November 2006 )
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