Posted on April 24, 2008 by robertkyriakides
The price of oil still rising but the economy of the world is slowing down. This at first sight seems like a paradox. If the world’s economy slows down you would expect less energy to be used and therefore the price of oil should fall. Today oil stands at around $120 a barrel – it [...]
Filed under: Coal, John Hutton, PV, biofuels, biomass, carbon emissions, climate change, electricity, energy, gas, global warming, heat, malcolm wicks, microgeneration, natural gas, oil, renewables, solar, solar energy, solar panels, tax, transport, wind turbines | Tagged: bank liquidity, Bank of England, David Strahan, Defra, energy ministers, LIBOR, oil consumption, oil price cycle, oil prices, rights issue, Royal Bank of Scotland, sub prime, the last oil shock, the Treasury | 12 Comments »
Posted on April 23, 2008 by robertkyriakides
Sometimes you can only see a picture clearly if you step back from it, so you can see the whole canvas. So it is with energy. Without any doubt we are heading for an energy crisis. The oil will probably peak – that is to say reach its maximum production in ten years time. Oil [...]
Filed under: Coal, biofuels, carbon emissions, climate change, electricity, energy, global warming, gordon brown, natural gas, oil, solar, targets, transport, wind turbines | Tagged: Alan Garcia, Bolivia, carbon cycle, cars with large engines, Evo Morales, expensive food, maize, palm oil, peak coal, peak gas, peak oil, peak uranium, Peru, Philippines, rice prices, sugar, uranium | 3 Comments »
Posted on March 25, 2008 by robertkyriakides
Things are not what they seem when it comes to renewable energy. Most people, including those who should know better, think that all energy from renewable sources is equally benign and all should be supported equally. In fact this simplistic approach can cause more damage than benefits. You end up with heat pumps and biomass [...]
Filed under: biofuels, biomass, climate change, energy, global warming | Tagged: maize prices, Professor Robert Watson, renewable transport fules obligation, soil and carbon dioxide | 15 Comments »