Biofuels were all the rage during the Bush administration which mandated the use of biofuels for the Transportation Industry.It led to a huge boom in biofuel stocks like Verasun,Pacific Ethanol due to a confluence of positive factors like a) Increasing Oil Prices b) Regulatory Action c) Low Raw Material Prices.However Biofuels from Crops can never […]
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 […]
China is recognized as the manufacturing hub of the world due to its low cost of labor and capital coupled with the pro industry policies of the government.These advantages are now being leveraged by the country to establish leadership in Green Energy which many recognize as the next Big Industry . Despite rhetoric from Obama […]
US has been a laggard in matters of in the climate mitigation issue compared to Japan and Europe.They are even having trouble in formulating the bill let alone passing it.News comes from Reuters that a “Climate Bill” that will provide subsidies and support for Nuclear Energy and Oil Drilling may be proposed to the Senate […]
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 […]