Category: Energy Matters

  • China Turns to Natural Gas to Fuel their Economic Growth

    China Turns to Natural Gas to Fuel their Economic Growth

    Posted: 19 Jun 2012 03:19 PM PDT

    A New Role of Natural Gas in China’s Energy MixThe Chinese economy has grown by an average of 10 percent a year over the past two decades, crossing the milestone to become the second-largest economy and energy user in 2010 after the U.S., as well as the world’s largest emitter of greenhouse gases.  Stable energy supplies being at the core of China’s rise, they remain pivotal to its continued economic growth, especially coal, oil and gas.  While coal still constitutes around 68 percent of China’s energy use, Chinese policymakers…

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  • The Fukushima Gyre

    The Fukushima Gyre
    CounterPunch
    Also, Jean Bricmont on the fiftieth anniversary of the US attack on Vietnam; and Israel Nuclear Free Zone” reads the comforting, official sign at the corner of “We can deny the imminent threat posed by the damaged reactors, or we can
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    Frustration mounts at deadlock in Iran nuclear talks
    Malaysia Star
    If talks collapse, nerves could grow on financial markets over the danger of to bomb Iranian nuclear sites if diplomacy fails to stop Tehran getting the bomb. says its nuclear programme has only non-military purposes but the United States,
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    Malaysia Star

     


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  • Rough Years Ahead for the Solar Industry

    As the Arctic Melts Commercial Opportunities Grow, Increasing Political Interest

    Posted: 18 Jun 2012 05:08 PM PDT

    The Arctic is warming at an alarming rate – twice as fast as the rest of the planet – and according to a new report, those changes will be a key driver of geopolitics in the coming years.As the rapidly melting ice unlocks commercial opportunities in shipping, tourism and oil and gas extraction, the world’s largest economies are jockeying for control of the region. According to the Center for Climate and Energy Solutions, the melting of the Arctic is a “bellwether for how climate change may reshape geopolitics in the post-Cold…

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    As the Arctic Melts Commercial Opportunities Grow, Increasing Political Interest

    Posted: 18 Jun 2012 05:08 PM PDT

    The Arctic is warming at an alarming rate – twice as fast as the rest of the planet – and according to a new report, those changes will be a key driver of geopolitics in the coming years.As the rapidly melting ice unlocks commercial opportunities in shipping, tourism and oil and gas extraction, the world’s largest economies are jockeying for control of the region. According to the Center for Climate and Energy Solutions, the melting of the Arctic is a “bellwether for how climate change may reshape geopolitics in the post-Cold…

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    Rough Years Ahead for the Solar Industry

    Posted: 18 Jun 2012 05:04 PM PDT

    Bloomberg New Energy Finance’s (BNEF) workshop presentation of its Q2:2012 outlook for photovoltaic panels has attracted a lot of attention.  Before the presentation BNEF leaked the workshop slides to Forbes, but then complained when Forbes published a story using them. Not only did BNEF hold the workshop in China but it had the temerity to tell the audience that it would take until at least 2014 to work off the supply glut of PV panels around the world.  Think about that for a moment.The use of feed-in-tariff subsidies, treasury…

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    Shale Gas Boom will Create 2.4 Million Jobs by 2035

    Posted: 18 Jun 2012 05:03 PM PDT

    The research and analysis firm IHS Global Insight has released a new study looking into the unconventional gas sector, and predicts that the shale gas boom will create nearly 1.5 million new jobs by 2015.The huge sums invested in unconventional gas accounted for 1 million jobs in 2010 in both producing and no-producing states, and this figure is expected to grow to 2.4 million by 2035.The shale gas boom will continue to drive the national economic growth, receiving $3.2 trillion in cumulative investment between 2010 and 2035, and contributing $332…

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    Posted: 18 Jun 2012 05:04 PM PDT

    Bloomberg New Energy Finance’s (BNEF) workshop presentation of its Q2:2012 outlook for photovoltaic panels has attracted a lot of attention.  Before the presentation BNEF leaked the workshop slides to Forbes, but then complained when Forbes published a story using them. Not only did BNEF hold the workshop in China but it had the temerity to tell the audience that it would take until at least 2014 to work off the supply glut of PV panels around the world.  Think about that for a moment.The use of feed-in-tariff subsidies, treasury…

    Read more…

    Shale Gas Boom will Create 2.4 Million Jobs by 2035

    Posted: 18 Jun 2012 05:03 PM PDT

    The research and analysis firm IHS Global Insight has released a new study looking into the unconventional gas sector, and predicts that the shale gas boom will create nearly 1.5 million new jobs by 2015.The huge sums invested in unconventional gas accounted for 1 million jobs in 2010 in both producing and no-producing states, and this figure is expected to grow to 2.4 million by 2035.The shale gas boom will continue to drive the national economic growth, receiving $3.2 trillion in cumulative investment between 2010 and 2035, and contributing $332…

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  • Edwin R. Budd: Too much danger with Fracking and Nuclear

    Japanese nuclear reactors to restart
    Winston-Salem Journal
    on Saturday ordered the restart of two nuclear reactors, a move that returns Japan to atomic power but also runs counter to public concern about its dangers.
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    Hot weather, closure of San Onofre nuclear plant could pinch power
    The Desert Sun
    California faces a critical risk of rolling blackouts and power shortages this closure of the problem-ridden San Onofre nuclear power plant on the coast, “It’s an all-hazard plan, the same we use for earthquakes, fires and floods,” he said.
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    Edwin R. Budd: Too much danger
    News & Observer
    The bill to legalize fracking will not protect North Carolinians from a very dangerous situation. The Shearon Harris nuclear power plant sits in the middle of the
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  • Australian wind farms ‘would create $17bn’

    Australian wind farms ‘would create $17bn’

    AAPJune 15, 2012, 8:29 pm

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    Wind farms could pump more than $17 billion into Australia s economy, a new report says.

    EPA © Enlarge photo

    Wind farms could pump more than $17 billion into Australia’s economy if proposed projects were to go ahead, a new report says.

    The study, which was commissioned by the Clean Energy Council, found that a total of $4.25 billion had so far been injected directly into Australia as a result of existing wind power projects.

    If however, proposed projects for about 90 farms were to go ahead, this number could balloon to another $17.8 billion by around 2020, the study said.

    Speaking at the launch of the report in Sydney on Friday, the council’s policy director Russell Marsh said it proved that wind farms had direct economic benefits for local communities, as well as boosting the national economy.

    “Wind farming can help farmers generate significant extra funds for local suppliers, contactors, shopkeepers, community facilities and more,” Mr Marsh said in a statement.

    “(They) can help farmers earn vital extra income, make better use of farming land and insure against downturns in key commodities.”

    According Sinclair Knight Merz report, the construction of the “typical wind farm” of around 25 to 30 turbines can produce 48 direct building jobs and provide indirect employment of around 160 people locally, 504 state-wide and 795 nationwide.

    NSW Parliamentary Secretary for Renewable Energy Rob Tokes said the report painted an “encouraging snapshot” of the wind industry’s potential.

    “NSW is keen to develop a sustainable wind industry that supports rural and regional communities and promotes opportunities for further growth within the industry.

    “This involves the development of clear planning processes that provide guidance and assurances to all stakeholders – whilst driving innovation and investment,” Mr Tokes said.

  • Russia’s Nuclear Industry is a Disaster Waiting to Happen

    Russia’s Nuclear Industry is a Disaster Waiting to Happen

    Posted: 14 Jun 2012 03:49 PM PDT

    The state of Russia’s civilian nuclear power should be cause the entire planet to shudder: Radioactive waste deposal sites are full to the bursting point, and many reactors are outdated and fail to meet even the most basic of safety standards. In short, as one reads between the lines, a new disaster is pending.The now-famous disaster in Japan has taken on tragic proportions and caused massive public health problems. Explosions in Japanese atomic power plants are forcing world experts to question once more the future of nuclear energy, as…

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    What Total’s Visit to Myanmar says about