12 September, 2007
- OPEC ministers decided to raise output by 500,000 barrels per day on Tuesday. The symbolic move did not impress oil traders, who sent up crude oil prices to record highs. Many experts are now expecting 80 dollars per barrel prices in the next weeks. Read the Guardian and Bloomberg.
- For all believers in the rosy future of renewables, MSNBC has an interesting story (“The State of Green“) . Wind, solar and other growing renewables sectors are experiencing that even their businesses are subject to natural capital (or eco-) constraints as they face big challenges finding the materials needed to produce their technologies (eg. steel for the wind power blades).