Economy

Is Peak Oil real ? Yes, and it is here

With shale oil and other extreme oil sources, many think peak oil is dead, or at least is not threatening our economies. But this couldn’t be more wrong. The historic average  oil prices are of $25. Current prices are above $110 a barrel. Five years ago, they were less than half of that. As the …

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China’s world changing project

We have seen time and again that the People’s Republic is doing a lot to fight against climate change. Energy efficiency, renewables, nuclear, even a carbon tax, no option is left unused and this is good news. Meanwhile, we have seen that the country is more than plagued by pollutions and environmental problems of all …

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The climate movement can succeed. In time ?

US advisor on sustainability and author Paul Gilding recently published on his blog a compelling, fantastic and stunning piece on how victory is at hand for the climate movement. You might believe this is some hyper optimistic hype. However, Gilding keeps piling arguments in his article ; arguments that I have developed on this very …

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Global fossil fuels subsidies total $1.9 Trillion

Yes, you read that right. According to a new report from the International Monetary Fund, governments around the world are giving in direct and indirect aids up to 1,900 billion USD ( 1,500 billion euros ) to fossil fuels subsidies each year. This total to 2.5 percent of global GDP. More importantly, ending those subsidies …

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RGGI logo

RGGI to cut emissions by 45 percent

The Regional Greenhouse Gas Initiative was started a few years ago to cut greenhouse gases emissions in nine Northeastern States in the USA. As I noted previously, it has been so far a great success. But it is ready for more. As the New York Times reports : ” The regional group proposed a 45 …

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Hope for climate in Davos’ World Economic Forum

Last week in Davos, Switzerland, took place the annual World Economic Forum. As the financial crisis of 2008 is drawing to an end, climate change is emerging as a key crisis that has to be addressed as soon as possible. To Reuters : ” Christine Lagarde, managing director of the International Monetary Fund, summed it …

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Cleantech investments fell in 2012

According to Bloomberg New Energy Finance, investements in clean technologies fell by 11 percent in 2012 compared to their 2011 levels. They still amounted to 268.7 billion USD or over 200 billion euros. These news aren’t all that bad even if this decrease marks the end of a seeminlgy unstoppable increase but i has to …

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The Carbon tax works : the Irish example

We have seen quite a few times that a carbon tax makes a lot of sense as it could literally help solve our most pressing problems : our warming climate and our broken economy. Well, it already does in Ireland. As the New York Times reports – who else could get such great news ? …

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What Obama’s re-election means for climate

Barack Obama’s re-election this week occurred shortly after the Hurricane Sandy that killed dozens people and inflicted for billion of dollars of damages to the US economy. The past year has been the hottest ever for the United States. On a positive note, President Obama have introduced various bills and laws to help America become …

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Policy makers: to create jobs, invest in cleantech

Ever since I created a Facebook page for this website, I have been sharing stuff from non governmental organizations. This allowed me to find a compelling image about an oft missed argument about cleantech : it creates lots of jobs. So to data gathered by 350.org, investing one million dollars would create 5 jobs in …

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