Youth organizations from 21 countries have issued a statement calling on the G8 to abandon a disastrous “Energy Security” strategy whose details were first revealed by Oil Change International in February of this year, and which is scheduled for approval during the G8 Summit later this week (July 15-17). According to the 53 youth organizations … Read More
Day: July 10, 2006
The Flawed Billion Dollar Flotation of Russia’s Oil Company
The Independent leads on how “this week the London Stock Exchange will play host to one of the biggest share sales on record. But the £6bn flotation of Rosneft, a state-owned Russian oil producer, will not only be huge, it will also be massively controversial”. The paper goes on to argue that critics of Rosneft, … Read More
Shell: Biofuels from Food Crops “Morally Inappropriate”
At top executive from oil giant Shell, the world’s top maker of biofuels, has said he considers using food crops to make biofuels “morally inappropriate” as long as there are people in the world who are starving. Eric G Holthusen, Fuels Technology Manager Asia/Pacific, said the company’s research unit, Shell Global Solutions, has developed alternative … Read More
Blair Goes Nuclear
Tony Blair will tomorrow announce the results of Britain’s long awaited energy review, which will call for a five-fold increase in energy generation from wind, solar, tidal and agricultural sources. However the boost in renewables will be seen as trying to offset the huge criticism over Blair giving the green light to a resumption in … Read More