Yves here. This post is a workmanlike compilation of trends in the driving habits of Americans. Some of the data shows that use of public transportation has been rising faster than population growth…yet budget stresses mean those services are regularly targeted for fare increases and schedule cutbacks.
Read more...There’s speculation on whether we are being prepped for a Yes to Keystone.
Me? I think we’re being set up for a Yes, but I’ve thought that since the subject came up. If the baby keeps grabbing for the candy, you have to conclude s/he wants it. Same with this.
Read more...If oil and gas is a profoundly dynamic phenomenon, then so too must be environmental risk and conflicts over natural resources—and we are not getting the full picture from the mainstream media, according to Michael T. Klare, professor of peace and world security studies at Hampshire College, TomDispatch blogger, and author of Rising Powers, Shrinking Planet: The New Geopolitics of Energy (Metropolitan Books, 2008). As risk multiply, conventional sources evaporate and we are left with “extreme” energy, renewables may be the only way to avoid war and disaster.
Read more...Civilization requires agriculture, which is dependent on a few sensitive species to produce a surplus of food for masses of people with comparatively lower levels of labor or mechanical work. If we make the climate inhospitable to these species, as well as to ourselves, via fossil fuel use and degradation of the carbon buffering capacity of the environment, we will make it vanishingly likely that our own success as a species will continue.
Read more...By Claude Salhani, journalist, author and political analyst based in Beirut, specializing in the Middle East, politicized Islam and terrorism. He is also the former editor of the Middle East Times and. C the former International Editor with United Press International and also ran UPI’s Terrorism & Security Desks. Cross posted from OilPrice
A timely article by Wade Stone for Global Research examines what would happen to the oil producing nations of the Gulf in the event that Israel would target Iran’s nuclear reactors and facilities; the reply and the scenario given is nothing short of a nightmare.
Read more...Good progressives like MoveOn, New Bottom Line, the Alliance of Californians for Community Empowerment, AFR, Elizabeth Warren, and Richard Trumka, head of the AFL-CIO have all fallen in line with Obama’s nomination of Mel Watt, Representative from Bank of America North Carolina.
It might help if they looked harder at Watt. If they were honest about it, there’s not much to like.
Read more...By Jen Alic, a geopolitical analyst, co-founder of ISA Intel (www.isaintel.com) in Sarajevo and the former editor-in-chief of ISN Security Watch in Zurich. Cross posted from OilPrice
As US power plants lose money, a bit of market manipulation goes a long way … ask JPMorgan Chase.
Read more...It’s been far too long in coming, but Jamie Dimon may finally be getting his comeuppance.
Read more...Nathan Tankus is a student and research assistant at the University of Ottawa. You can follow him on Twitter at @NathanTankus
President Obama adopted a reflective tone to mark the passing of Maggie Thatcher. Commenting on her death, he stated “the world has lost one of the great champions of freedom and liberty.” In Obama’s proposed budget, we found out what the terms “freedom” and “liberty” mean: the freedom for the old to go hungry and the freedom of the poor to go cold.
Read more...By Timothy Wise, Director of the Research and Policy Program at the Global Development and Environment Institute, Tufts University. Cross posted from Triple Crisis
Just when you thought the unhealthy ties between food, fuel, and financial markets couldn’t get more perverse, we get the announcement that Vitol, the world’s largest independent oil trader, is entering the grain-trading business, hiring a team from Viterra, based in Toronto, to run the show. And lest we toss this off as just another corporate deal, Javier Blas in the Financial Times reminds us that Viterra has itself recently been bought by Glencore, perhaps the world’s greatest global commodity speculator.
What could go wrong?
Read more...By John C.K. Daly, the chief analyst for Oilprice.com. Cross posted from OilPrice
As the practice of hydraulic fracturing to produce natural gas continues to spread not only in the U.S. but worldwide, the scientific community has increasingly focused on the environmental consequences of the technique. The most worrisome side effect of “fracking” is the rise of earthquakes in areas where the practice is extensive.
Read more...Dr. John Abraham is a thermal sciences researcher and professor at the University of St. Thomas, in Minnesota who has straddled many worlds in his quest for answers to climate change, from working with the US defense industry to pro-bono work creating low-cost energy solutions to Africa’s remote areas.
Dr. Abrahams discusses:
Read more...• What climate change REALLY means
• How the Earth’s warming bears a human fingerprint
• How we can do something now about climate change, with today’s technology
• How and why the public remains ill-informed on the issue
• How Hurricane Sandy can be viewed from the climate change spectrum
• How the Earth’s warming has a human fingerprint
• Where the silver lining in all of this is
• Why Keystone XL will probably (but shouldn’t) be green-lighted
• How ‘micro-wind’ may be a hot seller in our renewable future
• How the future could see a merger of interests in the fossil fuel and alternative energy sectors
If you are old enough to remember the 1970s, the idea that gasoline and stock prices would be correlated seems bizarre.
Read more...Jonathan Harris of the Global Development and Environment Institute has a new post at Triple Crisis, Green Keynesianism: Beyond Standard Growth Paradigms, in which he argues that pro-growth policies need to find a way to deal with environmental/resource constraints. On the one hand, a lot of NC readers will find that argument to be welcome, if a bit overdue, since quite a few members have been arguing that growth-oriented economic policies need to acknowledge environmental constraints.
Having read Harris’ well-intended post, I’m increasingly convinced that environmentalists have it backwards.
Read more...Cross posted from OilPrice
This where we stand, and it’s a fairly bleak view: Peak oil is almost here, and nothing new (with the possible but unlikely exception of Iraq) is coming online anytime soon and while the clock is ticking – forward movement on developing renewable energy resources has been sadly inadequate. In the meantime, the idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype. There are no easy solutions, no viable quick fixes, and no magic fluids. Yet the future isn’t all doom and gloom – certain energy technologies do show promise.
Read more...