• Europe’s Green Energy Portfolio Up in Smoke?

    • Date: 08/06/10

    Europe seems hell-bent on burning the world’s forests for bioenergy, even as it offers billions of euros to save them, critics say. The dirty secret of Europe’s vaunted green energy revolution is the fact that 68.5 percent of its renewable energy portfolio comes from biofuels and burning wood for energy, according to a report released […]

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  • Shale Gas Will Change The World

    • Date: 08/06/10

    Everybody’s favourite moment in The Graduate is when the film’s hero is cornered by one of his parents’ friends. The older man’s advice to Benjamin Braddock consists of just one word – “plastics”. Something similar keeps happening to me at international conferences. I will be minding my own business, when a delegate will get up […]

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  • Governments Waste $550 Billion On Energy Subsidies

    • Date: 06/06/10

    The world economy spends more than $550bn in energy subsidies a year, about 75 per cent more than previously thought, according to the first exhaustive study of the financial assistance devoted to oil, natural gas and coal consumption. The study by the International Energy Agency, the western countries’ oil watchdog, says phasing out subsidies over […]

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  • The Bursting Of The Green Energy Bubble?

    • Date: 06/06/10

    In late May, the accounting firm Ernst & Young reported that 7 out of 10 major global corporations will spend 0.5% or more of their earnings this year on “fighting” climate change, notably by investing in ways to cut their energy consumption. This trend is despite the massive setback to global effort and corporate governance […]

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  • Plans for first coal power plant since 1970s

    • Date: 03/06/10

    The plant, at Hunterston in Ayrshire, would use experimental carbon capture storage (CCS) technology, which removes carbon dioxide emissions and stores them underground. The £3 billion proposal is the first of its kind in the UK but faces strong opposition from local people and environmental groups, who argue that it will damage local wildlife.

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