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China’s emerging car market.
Headlines this morning announced that China's state-run oil firm, the China National Offshore Oil Company, has bid US $18.5 billion for Unocal, the California-based energy company, topping Chevron's bid.
Looks like someone is anticipating a large jump in the number of cars in China; after all, only 1.2 percent of Chinese citizens owned cars in 2000, according to this Wired article. It also notes that:
The booming Chinese auto market, which grew by 76 percent in 2003, is an obvious lure. It's a market still under central control - for the moment, anyway - which means that if Beijing wants to go green, it can go in a huge way.
Guess they don't want to. Or maybe they are bidding on Unocal to turn it into a 100% renewable energy company... -
Bodman on board
Good catch from Mike at GCC: U.S. Energy Secretary Sam Bodman, in a speech before the National Petroleum Council, basically admitted the core peak oil argument -- that supply is declining and remaining reserves are going to be harder and harder to get to.
So someone in the U.S. government, at least, knows what's coming. Maybe he should chat with his colleagues.
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Markets
One of my pet peeves is the argument that clean energy is inferior because it relies on government subsidies -- as though oil, coal, and nuclear simply rose to the top of the market heap through pure merit. Bullsnot.
So, in the grand blog tradition of linking to posts that agree with you, do go check out this Brad Plumer post on the ancient practice of market-gaming by industries, with a special emphasis on oil.
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Efficiency
Jamais at WC just put up a long and fascinating post, but I warn you number-phobes -- it's got numbers. If you just want the short, sweet point, here it is:
An aggressive focus on improvements to efficiency amounting to an average of 3-4% annually over the century could mean a world where everyone can live well without risk to the climate. To say that the effect of improving the efficiency of use is dramatic is perhaps an understatement. Without it, avoiding disastrous greenhouse effects will be nearly impossible; with it, avoiding the worst-case scenarios is almost over-determined.
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C’est Finny
New marine management rules may hamper restoration of fisheries The National Marine Fisheries Service has released new guidelines for restoring depleted fish stocks, but some friends of the finned worry the rules may unduly favor the fishing industry. Current rules mandate that regional fisheries managers aim to restore stocks within 10 years. The newly proposed […]
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They Don’t Say Test Until I Say They Say Test
Pentagon has refused to test for toxic rocket-fuel chemical Department of Defense operations are a primary perpetrator of perchlorate contamination nationwide, but the department has regularly turned down state and federal requests to test for the toxic chemical, according to the U.S. Government Accountability Office. Perchlorate — which is commonly found in rocket fuel and […]
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A Virginia suburb goes through those awkward teenage years
Via this morning's Washington Post, Tysons Corner, Virginia, is going through those awkward teenage years: not quite a city, but trying to grow out of teeny-bopper suburb status. Tysons Corner planners are running into difficulties making the area around Route 7 more pedestrian friendly.
Just outside the DC beltway, Tysons Corner drivers have gotten used to all that "green time" and don't want pedestrians stopping up the road for the thirty seconds (it's a big road) it takes them to walk across.
As the planners are quickly finding out, though:
When it comes to building cities, [Gerrit Knaap, director of the National Center for Smart Growth at the University of Maryland] said, "it is better to get things right the first time. It's much more difficult to retrofit."
Washington Post: Exploring Inroads for Tysons Foot Traffic
Google Maps: Aerial photo of Tysons Corner -
How to talk to an economist.
When academics get together, it can be pretty entertaining to watch. Sometimes the better part of a meeting or conference is spent hashing out perceived differences only to realize that they have been talking about the same thing using different words. This leaves only the continental breakfast the next morning for some real progress to be made.
The idea of ecosystem valuation is just one example. The folks over at the aptly-named website Ecosystem Valuation have put together some great resources for understanding just what economists are talking about when they tell me I assign passive use value to the Arctic Refuge.
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Piltz interview
Recently, former government climate science guy Rick Piltz blew the whistle on now-former White House official Philip Cooney, who was watering down scientific climate-change reports. Perhaps you heard something about it? Environmental Science & Technology has an interview with Piltz. Interesting stuff. This bit is amusing: In a letter about your resignation, you wrote that […]