As I am speaking, the crude oil prices at the New York Mercantile exchange are above $130. This occurs only 15 days after oil prices reached $120. This is a strong acceleration in the oil prices increase as previously it took around two months for oil prices to increase by ten dollars. The cause for […]
Oil prices above $130 Read More »
Yesterday, the price of sweet light crude rose for the first time in History over the $120 limit at the New York Mercantile Exchange. As it was the case previously, this is due to the weakness of the US Dollar and to supply concerns of OPEC members (this time, it is Iran and Nigeria). Oil
Oil prices reached $120 Read More »
According to Greentech Media, European utilities are “major movers in the renewable energy space“. They also are becoming global leaders compared to their US competitors. So far, more than 86 Gigawatts of renewable electricity capacity have been installed and an additional 100 GW are to be implemented by the eight “green giants”. This concerns companies
Huge European investments in renewables Read More »
The president of the OPEC stated earlier this week that oil prices might keep on climbing steadily and reach 200 USD per barrel before year end. This might seem far-fetched, but since the beginning of the year, oil prices rose by nearly 20 percent and there is no sign that the situation will reverse. Meanwhile,
Oil prices may reach $200 before year-end Read More »
95 percent of road transportation still depends on oil, and this is major problem as oil prices keep on increasing and as peak oil nears inexorably. This is major drive to find a solution. The WWF, the renowned environmental organization, released earlier this month an interesting report on what they believe should be the future
WWF wants more plug-in cars Read More »
In two different articles, Les Echos [Fr] and the IHT are fearing that the current fears of recession might endanger the expansion of renewable energies. Indeed the IHT noticed a drop in stocks of these companies and Les Echos reported a fear that the French government might not respect its Grenelle’s commitments. Indeed, as the
Renewable energies and the fears of recession Read More »
While browsing my favorite environmental websites, I discovered a gem : the official blog of the EU Energy Commissioner, Mr. Andris Piebalgs. There I read an impressive article on the multiple benefits an increase of 20 percent of energy efficiency would bring to the EU and its 27 state members. This is perhaps the best
Importance of energy efficiency in the EU Read More »
According to The Guardian and Cleantech, Ireland plans to invest 22 billions euros on renewable energies and “smart” and efficient systems over the next 12 years. Half of this money will be invested in wind, wave and tidal energies and biomass. This is due to cut by half the greenhouse gases emissions by 2020. An
Ireland to invest billions on energy Read More »
I have been writing it for months, and it seems that I am right as no other than the International Energy Agency is now urging to act on energy efficiency of buildings. Indeed, their latest publication is on this topic and their findings corroborate the ones I had in my master’s thesis. They also go
IEA promotes energy efficiency of buildings Read More »
That’s it, yesterday at the New York Mercantile Exchange the oil prices reached $110 for the first time in History. This occurs only two months and a half after it reached $100. This can be explained by the fact that the Dollar is weakening as time goes and as now the Euro is worth $1.55.
Oil prices reached 110 USD a barrel ! Read More »
