January 18, 2011
According to the International Energy Agency its forecasts for global oil demand in 2011 are not accurate. It admitted that it had to make slight alterations to its past predictions in order to guarantee accuracy of the numbers. One of the causes for the faulty forecast is the unexpected global economic growth. Solely emerging markets ...
November 29, 2010
“They are building massive amounts of infrastructure,” said Lynn Price, a scientist in the China Energy Group at Lawrence Berkeley National Laboratory, a U.S. Department of Energy research lab. “It takes incredible amounts of these energy-intensive commodities.” China’s growth in infrastructure is booming. Over the next 15 years it is going to build and rebuild ...
November 13, 2010
Fossil-fuel subsidies have united economists and environmentalists as they are struggling to create universal and uniform measures about these subsidies’ efficiency. They report only superficially and make up their own standards to measure themselves by. Furthermore none of these countries are coming out with a subsidy-cutting policy. In comparison to the countries themselves the World ...