Looking at the Cause of Global Seal Level Rises

Oil Price Daily News Update


Thin-Film Solar Panels, Riding Out the Turbulence

Posted: 04 Jun 2012 03:58 PM PDT

Thin-film solar is attractive for a number of reasons; from the fact that it is more environmentally friendly to produce, to the low cost of manufacturing these much lighter weight and less bulky cousins of the traditional solar panel. But only the fittest are surviving in this niche market of highly sophisticated technology and constant innovation.Thin-film solar panels are manufactured using solution-based, low-temperature, roll-to-roll procedures that apply conventional printing techniques to flexible materials that can easily be incorporated…

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13 Strange and Interesting Sources of Biofuel

Posted: 04 Jun 2012 03:53 PM PDT

Nothing new under the sun? Potrzebie! These biofuels feedstocks set records for ingenuity, sheer craziness and a liberal dose of “what, me worry?“Most of the stories we write on the subject of biofuels feedstocks fall into the well-established realms of normal. But every once in a while, a feedstock emerges that is so compellingly bizarre that we file the story away in our “yecch, ptooey!” file, ready for the round-up which forms our Top Story today.None of the feedstocks may change the world, but some of them, though decidedly…

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Pressure to go Green is Leading to Higher Energy Prices

Posted: 04 Jun 2012 03:45 PM PDT

As the United States continues through the interminable process that will end with the national elections in November, the continued poor state of the economy is playing an increasing part in the debate over the likely outcome. What seems to have slipped from the discussion, however, is the contribution that energy costs are making in their impact on the different economies around the world including that of the United States. That awareness is becoming more evident in the UK, particularly in the debate over Scottish Independence. The recent Uswitch…

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Japanese Solar Market about to Boom

Posted: 04 Jun 2012 03:40 PM PDT

Last year, the Japanese government announced the creation of a national feed-in tariff (FiT) for solar, joining Germany and China in creating robust public policy to drive deployment of renewable energy. The program is set to launch on July 1, 2012 and solar is regarded as one of the brightest spots in the Japanese recovery from the tsunami.The new program will guarantee payment of 40 Yen/kWh ($0.50) for solar energy produced by projects >10kw (non-residential) and 42 Yen/kWh ($0.53) for energy from projects <10kw (residential) for twenty…

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Nuclear Shutdown Means Japan Must Abandon Carbon Emission Targets

Posted: 04 Jun 2012 03:38 PM PDT

In 2009 the Japanese government signed a pledge to cut their carbon emissions by 25 percent by 2020, however following the disaster at Fukushima in 2011 and the subsequent collapse of public confidence in nuclear power, this target may have to be abandoned. Nuclear power plants used to provide a large portion of Japanese electricity, and formed the backbone of their renewable energy sector and the plans to reduce carbon emissions. After the meltdown at Fukushima all 54 of the nation’s nuclear reactors were shut down in order to undergo maintenance…

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Wind Power could be Competitive with Coal, Gas, and Nuclear by 2016

Posted: 04 Jun 2012 03:37 PM PDT

Since 2005 the global capacity of installed wind power has quadrupled, due to a variety of factors such as improved technology, large scale investment, and incentive programs designed to encourage industry growth.According to the Worldwatch Institute, in 2011 the global installed capacity increased by 21 percent on the previous year, with China alone accounting for 43 percent of total installations, the US for 17 percent, India seven percent, and Germany five percent.Whilst installing by far the largest capacity of wind power, China is having difficulty…

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Chesapeake Must Sell at Least $7 Billion of Assets to Avoid Faulting on Debt

Posted: 04 Jun 2012 03:36 PM PDT

A team of analysts led by Peter Speer from Moody’s Investor Service has announced that Chesapeake Energy Corp must sell at least $7 billion in assets this year to avoid breaching the term of their loans and receiving a credit downgrade.Chesapeake, the largest US natural gas producer after Exxon Mobil Corp., is in the midst of a cash flow crisis after the CEO Aubrey McClendon allowed hedging contracts to expire in late 2011, leaving the company exposed when natural gas prices fell to their lowest level in ten years.The company has already…

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Looking at the Cause of Global Seal Level Rises

Posted: 04 Jun 2012 03:34 PM PDT

Last week the science community was shocked by the claim that 42% of the sea-level rise of the past decades is due to groundwater pumping for irrigation purposes. What could this mean for the future – and is it true?The causes of global sea level rise can be roughly split into three categories: (1) thermal expansion of sea water as it warms up, (2) melting of land ice and (3) changes in the amount of water stored on land. There are independent estimates for these contributions, and obviously an important question is whether their sum is consistent…

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Spain’s Respol Shifts its Focus to Latin America’s Energy Superpower Brazil

Posted: 03 Jun 2012 07:40 AM PDT

Spain’s energy conglomerate Repsol has had an interesting few months in Latin America.  In 1999 Repsol bought Argentina’s Yacimientos Petroliferos Fiscales (YPF), creating Respol-YPF to begin exploiting Argentina’s vast Vaca Muerta shale gas concession, estimated to contain nearly 22.5 billion barrels of recoverable oil and natural gas. Battered by rising energy import bills and frustrated by Respol-YPF’s sluggish development of the concession, last month the Argentinean government nationalized the concession, provoking…

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