“Green” cars may all be the rage at the Detroit motor show, but Chrysler’s chief economist Van Jolissaint has launched a fierce attack on “quasi-hysterical Europeans” and their “Chicken Little” attitudes to climate change. Mr Jolissaint was speaking at a private breakfast where the chief economists of the “Big Three” US car firms presented their … Read More
Blog Post
The “Demonization” of Muslims and the Battle for Oil
Interesting article by Michel Chossudovsky, published in Global Research, and by Scoop. Throughout history, he writes, “wars of religion have served to obscure the economic and strategic interests behind the conquest and invasion of foreign lands. These wars were fought with a view to securing control over trading routes and natural resources.
Climate Change Will Devastate EU
Europe will be devastated by climate change, the European Union predicts today. The ecosystems that have underpinned societies from Ancient Greece and Rome to present-day Britain and France, will be disabled by remorselessly rising temperatures, EU scientists forecast in a remarkable report which, the Independent calls “as ominous as it is detailed”.
Merkel Attacks Moscow as Row Escalates
The crisis over Russian oil supplies has escalated into a full-scale confrontation with Europe as Germany’s Chancellor, Angela Merkel, condemned Moscow’s decision to turn off the tap as “unacceptable”. She said Russia’s tactics were destroying its credibility as a reliable energy partner. The comments came after Russia halted supplies to several countries, including Poland, after … Read More
The Future of Iraqi oil as proposed by the ISG
this is a guest post from Munir Chalabi, an Iraqi Political Analyst living in London. The US Democrats and the Republicans may disagree on many tactics and probably on part of the strategy for how to sustain the military occupation of Iraq, but when it comes to the strategy for the future of Iraqi oil … Read More
Blair: The Climate Change Hypocrite
His environment minister may have branded Ryanair the “irresponsible face of capitalism” for its reckless disregard for climate change, but maybe Blair should be called the “irresponsible face of politics” after his recent comments on flying. The British Prime Minister has said that he has no intention of abandoning long-haul holiday flights to reduce his … Read More
Russia Halts Oil Flow to EU as Belarus Row Escalates
Russia has halted the delivery of oil to Europe via Belarus as the acrimonious row between the two countries escalates, raising fears of oil shortages in at least five countries. Transneft, Russia’s state-controlled pipeline operator, said it had been forced to shut its 2,500-mile Druzhba pipeline, one of the world’s longest, because of a pricing … Read More
BP Punished By Investors
BP’s shares have declined by over 3 per cent this morning on the news that its oil and gas production fell further than expected in the past three months, partly as a result of its beleaguered Alaskan operations. The news pulled the whole British energy sector down by more than 1%.
US Car Giants Go “Green”
Ford and General Motors, the two embattled giants of the US car industry, Ford and General Motors have both unveiled plans for electric cars to try to maintain their position in an increasingly competitive market. GM, the world’s biggest car maker, unveiled the Chevrolet Volt yesterday at the glitzy Detroit Motor Show, where fuel efficiency … Read More
Democrats Move to Protect ANWR
The Anchorage Daily News reports how “opponents of oil drilling in ANWR – the Arctic National Wildlife Refuge – are going on the offense after playing defense for a quarter of a century. They want the new Democratic Congress to make an oft-challenged drilling ban permanent.