Posts in April 2010
Crunch time for the EITI
Tomorrow the International Board of the Extractive Industries Transparency Initiative is holding its Annual meeting in Berlin. The EITI was set up by ex-British Prime Minister, Tony Blair to try and improve improved governance in resource-rich countries through the verification and full publication of company payments and government revenues from oil, gas and mining. The…
Continue reading ‘Crunch time for the EITI’.Chinese Buy $5 Billion Stake in the Tar Sands
Timing, they say, is everything. Yesterday I blogged on the US military’s latest warnings on peak oil and how we face a severe energy crunch. The military planners examined different production methods and flagged up potential problems. With the Canadian tar sands they warned that “legal constraints may discourage investment.”
US Military Warns Of “Severe Energy Crunch”
The United States Joint Forces Command goes by the slogan “Ready for today. Preparing for tomorrow”. But the military planners are certainly getting worried about tomorrow. They argue that “Fossil fuels will very likely remain the predominant energy source going forward,” but then warn that “a severe energy crunch is inevitable without a massive expansion…
Continue reading ‘US Military Warns Of “Severe Energy Crunch”’.Gasland Ain’t So Green After All
Finally people are waking up to the concept that the fossil fuel industry’s supposedly wonder transition fuel – gas – may not be so green after all. It’s a subject I have covered on this blog before, notably questioning just how green shale gas is, but now the idea is getting some serious traction.
Offshore drilling: A pointless political gesture
Over the last few days the blogosphere has been chewing over Obama’s offshore drilling plan and the general consensus is that, well, its a complete waste of time. The drilling will not reduce gasoline prices nor will it reduce America’s dependence on foreign oil. That is not to say that the pundits are not impressed…
Continue reading ‘Offshore drilling: A pointless political gesture’.Secret Recordings Reveal Chevron “Cooked” Trial Evidence
As the 17 year old lawsuit between oil giant Chevron and the Ecuadorian Indians draws to a close, the plaintiffs are arguing that they have uncovered damning new evidence that could seriously undermine the oil company’s legal case. Texaco drilled for oil in Ecuador from 1964 to 1992, working in partnership with the state-run company…
Continue reading ‘Secret Recordings Reveal Chevron “Cooked” Trial Evidence’.“Drill, Baby, Drill” Means “Kill, Baby, Kill”
Has Obama morphed into President Bush? We were used to Bush strutting his stuff before glistening US military hard-ware, but Obama seems to have followed suit. In pictures reminiscent of Bush, yesterday Obama made an announcement in front of a F16 fighter (although one ironically modified to fly on biomass jet fuel). But not only…
Continue reading ‘“Drill, Baby, Drill” Means “Kill, Baby, Kill”’.
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