Oil prices : from a recession to another

To the prestigious International Energy Agency :” If oil averages USD 120 per barrel in 2012, the global oil import burdenĀ  is set to reach a record high of over USD 2 trillion, or USD 5.5 billion per day “ Their press release goes on : ” The current price levels are on average higher… Continue reading Oil prices : from a recession to another

Throwing money out of the window

In this economy, I am sure you are careful about how you spend your money and really think about how you will make ends meet this month or the next as the economy might head toward another recession as oil prices go up. However, each time you are putting 50 euros in your gas tank,… Continue reading Throwing money out of the window

Could oil prices increase exponentionally ?

This is the question as we are breaking record high prices. To Reuters: ” Brent oil priced in euros hit a record high on Thursday on heightened tension between Iran and the West while U.S. stocks neared peaks not seen since 2008. “ ” The rise in Brent, the benchmark for European crude and most… Continue reading Could oil prices increase exponentionally ?

Oil prices back up, averaged $111 in 2011

For my ultimate post of 2011, I would like to write about something that was little to not noticed at all, yet as crucial as the increased importance of extreme weather events : oil prices were at their highest average ever this year. According to some research carried out by the Cambridge Energy Research Associates… Continue reading Oil prices back up, averaged $111 in 2011

Two great news from Europe on climate change

Here are two good news. First : this seems too good to be true as such a fact would sure lead to a bigger role of climate change in politics all around the 27 nations of the European Union. According to an article from the Guardian : ” Europeans believe that dangers of climate change… Continue reading Two great news from Europe on climate change

Oil prices back above $100

To the AFP news agency : ” Brent crude rose on Tuesday, holding above $101 on fears that worsening turmoil in Egypt could disrupt supply flows through the strategic Suez Canal, analysts said. “ It had been more than two years than oil didn’t reach such levels. This happens as I read yesterday an interesting… Continue reading Oil prices back above $100

GHG emissions keep increasing: 2010 hottest year

To the World Meteorological Organization the main greenhouse gases – carbon dioxide, methane and nitrous oxide – keep increasing in the atmosphere, and this despite the efforts and the economic recession. To the WMO : ” The report highlights concerns that global warming may lead to even greater emissions of methane from Arctic areas. To… Continue reading GHG emissions keep increasing: 2010 hottest year

IEA : Global CO2 emissions decreased

According to a study to be released in November by the International Energy Agency, global greenhouse gases emissions decreased by no less than 2.6 percent. This can be explained by several factors. Among these factors are the economic recession which decreased the emissions of the global industrial sector but also the various commitments of the… Continue reading IEA : Global CO2 emissions decreased

Why this recession may be good for us

No, I am not thinking that unemployment is good. It ain’t, and I know about it as I am myself currently seeking employment. However, this recession is the occasion for us to embrace a more sustainable development. Less money means we have to reduce the amount of stuff we buy and focus back more on… Continue reading Why this recession may be good for us

A green recovery for our economies is possible

Last weeks were horrendous for our financial institutions and economies. Many concerns arise in Europe and around the world over GDP growth which is due to be low in 2008 and 2009. What if building a greener and more sustainable world actually brought economic growth, millions of jobs and most important of all, hope of… Continue reading A green recovery for our economies is possible