Climate & Energy

Business & Technology

Goldman says oil ‘likely’ to hit $150-$200 by 2010

Goldman Sachs' Arjun N. Murti said this in a May 5 report: The possibility of $150-$200 per barrel seems increasingly likely over the next 6-24 months, though predicting the ultimate peak in oil prices as well as the remaining duration …

Business & Technology

Big Oil’s crooked talk on profits

Has the oil industry borrowed the (laughable) tagline of presidential candidate John McCain? As Fox Business reported last Friday: The American Petroleum Institute took out a full-page ad in USA Today, and other major media were tapped this week to …

Climate & Energy

Big Oil will shell out for groundwater cleanup

Some of the nation’s largest oil companies will over the next 30 years have to pay to clean up groundwater befouled with gasoline additive MTBE. In settling a suit brought by 153 public water providers in 17 states, a dozen …

Climate & Energy

Preventing dirty coal plants is the most urgent climate policy

A livable climate can (probably) survive the burning of almost all of the world's conventional oil and gas -- but not if we also burn even half the coal (see here [PDF] and figure below). So the top priority for …

Climate & Energy

How to get people to pay attention to peak oil

I can’t decide if this is horribly crass or effing genius, or both:

Climate & Energy

Senators both GOP and Dem introduce destined-to-fail legislation

Senate Democrats are trying once again to yank $17 billion in tax breaks away from oil companies that are enjoying booming profits. The Consumer-First Energy Act, introduced in the Senate on Wednesday, would also put a 25 percent tax on …

Climate & Energy

Should we take Italian nuclear waste?

So an industry CEO tells E&E News that nuclear is the only non-carbon baseload power (not!) and that therefore nuclear is our only future and since the United States does such a great job of dealing with low-level radioactive waste, …

Climate & Energy

Valuing environmental services saves lives

As this new BBC article points out, it appears that the loss of mangroves around cities in Myanmar made the impact of the cyclone much worse, resulting in higher casualties and greater destruction. Scientific evidence compiled after the 2004 Asian …

Climate & Energy

FT: Midwest rains threaten U.S. corn crop

Remember in February, when a fertilizer magnate raised the specter of widespread famine if any of the globe’s big farming regions hit a rough patch this year? Here’s what he said: If you had any major upset where you didn’t …