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From the Oil Drum: “On Tuesday 26th June 2007, Tony Blair’s last full day as Prime Minister, the All Party Parliamentary Group on Peak Oil and Gas (APPGOPO) held its inaugural Annual General Meeting, ensuring that the issue of declining global oil supplies will feature much more prominently in Parliament in the Gordon Brown era.… » read more

Posted by Willy De Backer

German government plans for a 40% reduction of greenhouse gas emissions and a 3% yearly improvement of energy efficiency will lead to the “de-industrialisation” of the country, warns the German Federation of Industries BDI. The warning came a few days before Chancellor Merkel’s third energy summit between government and industry representatives. The summit is supposed… » read more

Posted by Willy De Backer

Shell’s CEO Jeroen van de Veer has a remarkable editorial in The Times today, pointing to three “hard truths” about the future of energy. First of all, “global demand for energy is growing, but the reality of how fast hasn’t really sunk in”. Secondly, “the growth rate of supplies of “easy oil”, conventional oil and… » read more

Posted by Willy De Backer

China’s reaction to the news that is has become the world’s biggest greenhouse gas emitter underlines that in a globalised world without borders it is a an absurdity to blame individual countries for their share of emissions. According to Associated Press, the Chinese government criticised developed countries for being “hypocritical” when they criticise China’s greenhouse… » read more

Posted by Willy De Backer

A new report by the National Academy of Sciences in the US has raised serious questions marks about America’s coal reserves, according to an article in the International Herald Tribune today. The report recommends the federal government to undertake a serious study to “determine the size and characteristics of the nation’s recoverable coal, with the… » read more

Posted by Willy De Backer