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Depending on whom you listen to, global oil production has peaked, will peak soon, or may not peak for a very long time.
Although the peak-oil thesis has existed since the 1950s, it has gained considerably more attention in recent months with the rising price of oil.
The tipping point may well have come on the year’s first business day, when oil hit the $100-mark. Yesterday, crude-oil futures settled at $110.21 U.S., after touching a record high of $111 on Thursday.
When demand soars and production is at full capacity, the price goes …
Feature Topics, Latest Headlines »
India, as an advanced developing country, can lead the world in renewable energy technologies as part of a solution to the climate change crisis, former US Vice-President and Nobel Peace Laureate Al Gore said on Saturday.
India has proven its capability in sectors like Information Technology and can be a leader in the world in developing new renewable technologies to combat climate change,” he told reporters here.
Gore was speaking at the launch of the India chapter of ‘The Climate Project’, a US-based non-profit organisation that supports the former vice-president’s efforts in …
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LONDON (Reuters) – Half a million more people have been plunged into “fuel poverty” due to the rising cost of gas and electricity, but few are benefiting from so-called social tariffs, research shows.
For every 1 percent increase in household utility bills, a further 40,000 households are plunged into fuel poverty, according to the Department for Business, Enterprise & Regulatory Reform.
With average bills rising 12.5 percent following price increases pushed through so far this year — to 1,026 pounds from 912 pounds — a further 500,000 people are now “fuel poor”, …
Latest Headlines, Oil & Natural Gas, Peak Oil »
The arguments are so one-sided, it’s practically a given that “peak oil” is real and threatening. Or is it? This article examines both sides. It lets readers decide and deals only with supply issues, not crucial environmental ones and the need to develop alternative energy sources. First some background.
The name most associated with “peak oil” is M. King Hubbert. He became the world’s best known geologist when he worked for Houston-based Shell Oil Company from 1943 to 1964. His theory goes something like this. Oil is a finite resource. Peak …
Latest Headlines, Renewable Energy »
Itron supplies technology to manage energy use to thousands of utility companies around the world. In China, where improving energy efficiency over the next decade is critical, it’s just getting started.
Officials from the U.S. and China hope that marrying such high-tech solutions with pressing energy needs will help the two countries solve environmental problems while benefiting both economies.
China’s energy planners got a first-hand look at the technology last weekend during a visit to Itron’s headquarters near Spokane. It was part of an effort to showcase the Northwest’s innovations as government …
Latest Headlines, Renewable Energy »
Participants from more than 100 countries concluded their discussions on Thursday at the three-day Washington International Renewable Energy Conference (WIREC 2008), pledging to promote renewable energy. More than 2,800 delegates from 119 countries, along with nearly 3,000 other participants came to discuss ways their countries could develop renewable energy, promote sustainable development, and reduce greenhouse emissions.
The meeting launched the Washington International Action Program (WIAP). By the end of the conference, countries, sub-national authorities, private-sector and non-government organizations made more than 100 pledges of …
Latest Headlines, Solar Energy »
Six municipalities in New York State could save nearly a million dollars in energy costs by relying on solar power, according to an audit released by State Comptroller Thomas P. DiNapoli.
The audit also found that these local governments could reduce air pollution by millions of pounds over the life of the panels.
“With the rising cost and dwindling quantity of fossil fuels, along with the toll on the environment and public health, it makes sense to promote the use of renewable and clean energy sources,” said DiNapoli. “Local governments …
Latest Headlines, Renewable Energy »
Welcome to AlternaWatt.info!
It is becoming increasingly clear that the time for alternative sources of energy has come. With the advent of global warming caused, scientific consensus says, by the activity of humans. Specifically, humans burn fossil fuels which releases excess CO<sup>2</sup> into the atmosphere, trapping more of the Sun’s radiation withing the atmosphere and causing the average mean temperature of Earth to rise over time. This rise in temperature, if not controlled, will cause climate changes that could potentially wreak havoc on human civilization. And in the United States, we’re …
