Oops, we did it again. Oil prices are again on the rise and reached recently $114 a barrel. This is their highest levels since 2008. Fears of current events in Iraq are explaining this. As Bloomberg noted : ” The international benchmark surged above $114 on June 13 for the first time in nine months […]
Oil prices reach 114 USD a barrel Read More »
Cradle to Cradle packaging is becoming a reality as according to Cleantechies : “ It sounds like something straight out of a science fiction novel. Capturing carbon from the air and turning it back into plastic. But thankfully it’s already a reality. ” Coined AirCarbon, the biodegradable PHA-based plastic material is made from air and greenhouse gases
Turning greenhouse gases into plastic Read More »
The ongoing tensions between Ukraine and Russia is an excellent occasion for the European Union to assess its dependence from foreign fossil fuels, especially oil and natural gas from the Russian Federation. As Kees van der Leun noted on his Twitter last week, the EU buys to Russia over half a billion euros of oil
Energy, the European Union and Russia Read More »
According to PeakOil.com, the seven largest oil companies of the Western world — ExxonMobil, Shell, BP, Chevron, Total, ConocoPhillips and Eni —have seen their oil output decline by 12.4 percent between 2009 and 2013. According to the IEA, if total world oil supply has risen from 85.66 million barrels per day in 2009 to 91.53
Big Oil is getting smaller Read More »
Here are good news, as according to Grist : ” The Arctic will be safe from drilling efforts by accident-prone Shell this year, and the oil company says it is reconsidering its very future in the region.” ” (…) The company announced on Thursday that it won’t pursue exploratory drilling in the Arctic this year,
Shell to keep from drilling the Arctic one more year Read More »
Dear visitors, readers and subscribers. Today, January 2nd, this humble blog turns SEVEN. As this is the first 2014 post, I would like to wish you and your loved ones a happy, healthy and sustainable year 2014 ! I have tried from day one to bring you a selection of the latest news and best
Happy and sustainable 2014 ! (Starting season 8) Read More »
According to TreeHugger, ” a Ford representative is saying that they are “going to be aggressive rolling [stop-start] out”. As we have seen previously, such innovation enable cars to stop automatically their engines when not moving. Such a simple system could cut the oil consumption by ten percent for urban driving while only costing around
Ford to boost start-stop systems Read More »
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
Is Peak Oil real ? Yes, and it is here Read More »
Sometimes you have to cover the bad news. To Climate Progress : ” Ecuador is abandoning an innovative plan that would have protected the Amazon rainforest from oil drilling due to lack of support from other nations “ Their original idea was to avoid drilling there by receiving money from wealthy nations that would have
Ecuador to drill in the Amazon Read More »
Fossil fuels are making less and less sense as renewable energies are becoming cheaper and cheaper and as climate change is becoming more and more serious. This is even more the case since we’ll have to leave most of it buried. The Guardian, the Financial Times and the Economist published compelling articles on a new
Investors : beware of the carbon bubble Read More »
