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2011 Global Oil Demand Will Exceed Forecasts

2011 Global Oil Demand Will Exceed Forecasts

January 18, 2011 No Comments

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 ...

China’s excessive energy consumption

China’s excessive energy consumption

November 29, 2010 No Comments

“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 ...

How to save $300 billion with Fossil-Fuel Subsidies

How to save $300 billion with Fossil-Fuel Subsidies

November 13, 2010 No Comments

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 ...