Despite “numerous efforts” by BP which took a week to wake up to the scale of the disaster, the Oil Spill has finally  hit the American coast.The oil spill will have a devastating impact on the wildlife , fishing and tourism of the area.It underscores the damage that our world suffers from its dependence on […]

The BP oil spill has garnered unprecedented media coverage due to the major environment impact it could have on some of the coastal states of the USA.Its a good thing since it again brings the focus back on the problems of fossil fuel dependent world economy.Fossil fuels are far costlier than the $70-80 barrel that […]

The US has been a laggard on the climate change mitigation compared to the progressive stances taken by Europe and Japan.Despite strong hopes raised by the election of Obama, the clean energy and climate change have remained on the backburner for the President and his team . While no one doubts that the economic  issues […]

Lufthansa is going to mix biofuel with kerosene for its planes starting from 2012 . The EU is mandating the ETS system for the flight industry from 2012 ,therefore to reduce the costs of emitting carbon Lufthansa is being compelled to think of using biofuel.I am not a fan of carbon certificates as it benefits […]

The last week’s sharp decline in commodities and stock markets has a lot of people making half baked statements while others are panicking . We had India’s chief economic adviser thinking that Greece contagion might have had a positive effect on India ,now  Kuwait’s oil minister is already thinking of supporting oil prices. It is […]

Pseudo Green company Codexis which makes enzymes for use in the pharma and biofuel industry managed a strong performance on Friday to close up 8% higher from its IPO prices of $13. Like the other green IPO A123 Systems this company does not have great financials with losses in the last 2-3 years and prospective […]