India-China Economic Growth leads to sharp increase in GHG Emissions The 21st Century is said to be a China-India Century with these Large Asian economies expected to dominate the world through their fast growing economics and large sizes.Their economic development has led to a rapid increase in Global GHG Emissions making China the world’s largest […]
Shale Gas is the newest Fossil Fuel Technology which would greatly help extend the world’s fast depleting oil and gas reserves.Shale gas has boomed in the US recently with improvements in hydraulic technology.Shale Gas is a “unconventional” Gas form like coalbed methane which was not usually available in commercial quantities.However the ability to fracture shale […]
It was earlier reported that China would promotes its CleanTech Industry through Electric Vehicle subsidies.It would give between $7000-9000 in subsidies to Electric Vehicles and Hybrid Vehicles.Note China is already a leader in Battery Technology for Electric Vehicles with both Japanese and American automajors looking to Chinese technology and production of Batteries for their new […]
The Oil Industry which had gone on the defensive with questions being raised about their commitment towards environment and society has learned nothing from the BP Oil Spill.This disaster had brought the lies,deception and corruption of Oil Giant BP in plain sight of everyone.However the strong civil society backlash has failed to reform the Oil […]
Fossil Fuels form the main Energy source for humanity due to their abundance,general ease of extraction and high energy density.However the Environmental costs and the Loss of Lives behind their production is generally hidden from the public.The external costs of fossil fuels like Oil and Coal are very high and not explicitly paid by customers […]
Valero Energy which is the US’s largest oil refiner has positioned itself strongly to take advantage of future shift in the fuel industry.The massive drop in Oil Price and the Global Financial Crisis had virtually destroyed the US ethanol industry in 2008.Valero Energy had used the depressed prices of the ethanol companies to its advantage,buying […]