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A new financial crisis is threatening to dwarf the 'subprime' mortgage debacle, writes Paul Mobbs. Cheap money from central banks has fuelled some $1.3 trillion of risky investments in high-cost 'unconventional' oil
and gas. Now, with oil
Callie Roberts is a senior, studying cancer biology and environmental policy, at Duke University. She has been awarded the Teens for Planet Earth Award, Ashoka Youth Venture Award, President’s Gold Volunteer Service Award, and President’s ...
Seen with the naked eye, a natural gas facility's storage tanks and pipes appear fairly innocuous-boring, in fact. Switch to an infrared camera, and it looks like a five-alarm fire. Clouds of gas billow upward, spewing methane gas into the ...
Solar panels glisten from every thatched hut on this crowded island, one of the largest in this remote chain off the Panamanian coast. But the tiny emblems of green energy offer no hope against climate change.
They have helped the ...
Investing in fossil fuels is becoming increasingly risky because global action to tackle climate change will curb demand, forcing companies to leave unprofitable reserves in the ground, Ed Davey, the energy secretary, has ...
Thursday's OPEC meeting in Vienna was widely billed as the most important in years. OPEC ministers decided to resist calls to cut their oil
production in response to the fall in oil
prices since June. After three years of holding steady around ...
Hundreds of government-funded boreholes are set to be drilled across Britain to try to persuade the public that a looming shale
gas boom can be developed safely, the Observer has learned. Sensors in the boreholes would detect possible water ...
Pop the champagne corks in Washington! It’s party time for Big Energy. In the wake of the midterm elections, Republican energy hawks are ascendant, having taken the Senate and House by storm. They are preparing to put pressure on a president ...
House lawmakers passed legislation Friday to approve the Keystone XL oil
pipeline to bring carbon
-intensive tar sands oil
from Alberta, Canada, to the Texas Gulf Coast. The Senate is expected to vote this week on a similar pro-Keystone bill ...
Burning crude oil
as gasoline in vehicles is already one of the world's biggest sources of carbon
dioxide emissions, and one of the United States' largest sources of crude oil
is the Bakken shale
in North Dakota.
NASA satellite images ...
Renewable energy, not shale
gas, has played the biggest role in reducing US emissions, according to new analysis from Greenpeace's Energydesk site.
Many energy and political commentators have argued that a surge in US shale
The first large ethanol plants to produce biofuel from nonfood sources such as corncobs are starting operations in the Midwest as the industry worries that they might also be the last -- at least in the United States.
After a decade of ...
Amid the calls to capture carbon
to save the climate, a Texas company is preparing to do that job for profit.At Capitol Aggregates, a cement plant near San Antonio, the Skyonic Corporation of Austin, plans to open a $125 million factory ...
For President Obama, fracking is a key weapon against global warming. Abundant natural gas, he said in his State of the Union address this year, is a "bridge fuel" to ubiquitous renewable energy - the key to securing economic growth "with less of ...
Something very significant is happening in the financial world. It's waking up to genuine climate and carbon
investment risks and this money is beginning to talk.
The Rockefeller Brothers Fund, derived from the world's biggest and ...
The first large ethanol plants to produce biofuel from nonfood sources like corn cobs are starting operations in the Midwest amid industry worries that they might also be the last -- at least in the United States.
After a decade of ...
What last month's march did, better than any other event in history, was demonstrate the unity of activists demanding genuine emissions cuts and government funding of an alternative way of arranging society. They offered a transformative view of ...
So you’re the Canadian oil
industry and you do what you think is a great thing by developing a mother lode of heavy crude beneath the forests and muskeg of northern Alberta. The plan is to send it clear to refineries on the U.S. Gulf Coast via a ...
Ministers’ rewriting of the law to allow fracking to happen beneath people’s homes without their permission flouts basic democratic rights, according to Naomi Klein.
The author and activist said that UK government’s changes to trespass ...
Coal chief executives were thin on the ground in New York last week, perhaps fearing an onslaught from green groups at the UN’s one-day climate summit.
Tactically, it was a good way to avoid negative headlines. Strategically, it may ...
The government is pressing ahead with plans to allow shale
gas companies to drill under people's homes without their consent, despite 99 per cent of respondents opposing the consultation proposals.
The Department of Energy and Climate ...
A controversial coal project that threatens Australia`s Great Barrier Reef and the climate makes no financial sense for investors, say analysts.
Plans for greenfield mines in the Galilee Basin involve building new port terminals near the ...
The threat of climate change is driving China and the US - frequent rivals and the world's two largest greenhouse-gas emitters - to collaborate on dozens of potential clean-energy breakthroughs.In research laboratories on opposite sides ...
On a cloud-heavy Sunday morning, hundreds of thousands of people snaked down Manhattan’s west side for a march calling attention to the impact of climate change. Dozens of marching bands, two-story-tall puppets and banners of all kinds flanked a ...
ON A HAZY MORNING LAST SEPTEMBER, 144 American and Chinese government officials and high-ranking oil
executives filed into a vaulted meeting room in a cloistered campus in south Xi’an, a city famous for its terra-cotta warriors and lethal smog. ...