Global Geopolitics & Political Economy By. John C.K. Daly of Oilprice.com Green activists, take note – for Australia fully to embrace solar power, Canberra would have to spend $100 billion, with photovoltaic cells to generate the electricity covering an area twice the size of Sydney in order to replace Australia’s indigenous inexpensive coal-fired power plants [...]
Shale Gas May Be a Mexican Mirage
December 5, 2011 By
Global Geopolitics & Political Economy / IPS By Emilio Godoy MEXICO CITY, Dec 5, 2011 (IPS) – In spite of mounting scientific evidence about its negative aspects, Mexico is getting ready to intensify exploration for shale gas, natural gas found trapped in shale, a sedimentary rock. The state oil company, Petróleos Mexicanos (PEMEX), is planning [...]
"Fracking" for Shale Gas: Neither Clean nor Green
December 5, 2011 By
Global Geopolitics & Political Economy / IPS By Stephen Leahy * DURBAN, South Africa, Dec 5, 2011 (Tierramérica) – Hydraulic fracturing or "fracking" is being used to tap the last remaining natural gas deposits across large areas of the United States and western Canada, fueling continued dependence on hydrocarbons instead of a shift to genuinely [...]
China to Embrace Fracking In an Effort to Ramp up Energy Production
December 5, 2011 By
Global Geopolitics & Political Economy By. John C.K. Daly of http://oilprice.com China is leaving no shale deposit unturned in its effort to develop indigenous energy resources. On 24 November China’s Ministry of Land and Resources geological exploration department head Peng Qiming said during a press conference that China’s combined oil and natural gas output, 280 [...]
OP-ED: The Future of Carbon Markets: Taking Politics Seriously
November 23, 2011 By
Global Geopolitics & Political Economy / IPS By Peter Newell * BRIGHTON, United Kingdom, Nov 22, 2011 (Tierramérica) – Carbon markets are under attack on all sides, despite ongoing faith in their ability to deliver meaningful reductions in greenhouse gases (GHGs). As the Durban climate summit approaches and as the first commitment period of the [...]
Kazakhstan Now World’s Largest Uranium Miner
November 23, 2011 By
Republished on Global Geopolitics & Political Economy By. John C.K. Daly of Oilprice.com Kazakhstan’s international energy image is now that of one of the world’s rising oil exporters, an extraordinary feat given that, two decades ago its hydrocarbon output was beyond insignificant when the USSR collapsed. The vast Central Asian nation, larger than Western Europe, [...]
The Rush for Oil in West Africa – The New Wild West?
November 18, 2011 By
Global Geopolitics & Political Economy / IPS By Meena Bhandari FREETOWN, Nov 18, 2011 (IPS) – There is a new oil rush off the coast of West Africa. But there are fears that the sector is not sufficiently regulated, and watchdog groups are raising concerns about transparency and governance in the region. Anticipation is building [...]
World’s Biggest Hydropower Scheme Will Leave Africans in the Dark
November 15, 2011 By
Global Geopolitics & Political Economy / IPS By Kristin Palitza CAPE TOWN , Nov 15, 2011 (IPS) – South Africa and the Democratic Republic of Congo have signed an agreement to build a major hydroelectric power project, which is said to bring electricity to more than half of the continent’s 900 million people. But economic [...]
Crude Oil Analysis for the Week of November 14, 2011
November 15, 2011 By
Republished with permission on Global Geopolitics & Political Economy Written by FX Empire January Crude Oil finished sharply higher for the week, settling well above a key 50% support at $95.29, but below 61.8% resistance at $99.99. Additional Gann angle support is at $99.36 this week. The next important upside target is a downtrending Gann [...]
IEA Report Advises Governments to Embrace Renewables and Nuclear
November 15, 2011 By
Global Geopolitics & Political Economy Originally Published on Oilprice.com By. John C.K. Daly of Oilprice.com The good news is that on 8 November the International Energy Agency released its 2011 “World Energy Outlook.” While it will cheer nuclear advocates, overall the report makes for grim reading. Pulling no punches, the report states at the outset, [...]
