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When investments banks start to talk openly about a future oil supply crunch, there is reason to get really worried. According to the Wall Street Journal, Deutsche Bank recently joined the club of high-level energy experts who think the world will never see production levels above 100 million barrels per day. The Bank is now… » read more

Posted by Willy De Backer

In a recent interview with EurActiv, Jeremy Rifkin expressed his belief that “Europe can lead the third industrial revolution”. In the closing debate of this year’s European Business Summit, the American author repeated his admiration for the EU’s policies but added cautiously that “the EU might well tell the right narrative, but the US could… » read more

Posted by Willy De Backer

Business leaders attending this week’s European Business Summit 2008 would do well to listen to their colleague Richard Branson of Virgin Group in order to understand the urgency of finding solutions for our climate/energy crisis. During a press conference last week, Branson called for the creation of a global “war room” to coordinate actions to… » read more

Posted by Willy De Backer

I already argued in earlier posts that population is the big taboo in our climate/energy crisis. Fortunately, there are some organisations which have the courage and leadership to address the issue, although I still feel they lack the political answers to deal with this issue. A new report by the UK’s Optimum Population Trust shows… » read more

Posted by Willy De Backer

Here is another proof that Europe’s climate “leadership” could quickly be eclipsed once the United States has fully woken up to the climate/energy challenge. A new report published yesterday by New Carbon Finance, one of the world’s leading carbon market analysts, shows that an American cap-and-trade system based on current proposals in the US Congress… » read more

Posted by Willy De Backer

How do you communicate the need to take urgent climate change actions when your citizens are enjoying the warmest winter in ages with temperatures which save them a lot of money in energy consumption? This was one of the interesting questions I discussed with government communicators, EU information officers and aspiring journalists during my two-day… » read more

Posted by Willy De Backer

Eric Grover’s recent contribution to BlogActiv (“Global-warming theology threatens freedom and prosperity”) is a useful example of the denial strategy of the few left-over climate sceptics. Its polemic tone (“global-warming theology”, “romantic environmentalists”, Kyoto as a ploy to undermine the US economy, “Taliban global-warming religionists” who are as dangerous as “resurgent Islamic ideology”) is meant… » read more

Posted by Willy De Backer

The Wall Street Journal reported today that three of the biggest US investment banks are getting cold feet about financing new coal power plants as they expect US policy-makers to introduce a carbon capture-and-trade system in the future. The environmental standards which the three banks will lay down could mean that coal plants without carbon… » read more

Posted by Willy De Backer