Ending oil industry subsidies to pay for clean-up and restitution from a climate catastrophe feels fitting. It will raise the money to satisfy Coburn, and make a point that cannot be overemphasized.
Secrecy still prevails in how natural resources are managed, and this conspires against economic development. The lives of over a billion citizens could be transformed if their governments managed their oil, gas and minerals in a more open, accountable manner.
The Middle East has amongst the highest average per capita energy consumption of any region in the world, at twice the global average. There are major consequences of the Middle East's high energy intensity and reliance on oil.
How simple hot oil transforms everyday foods into sinful delights!
It's the phrase that you dread to hear, and yet there it is, on the news, in the paper, and at the water cooler. Gas prices stink. Still, we line up at the pumps and we fill up week after week, day after day -- because in the end, what choice to you have?
The European antitrust authorities have finally carried out inspections of oil firms in three countries as well as the offices of the price-index publisher Platts, to determine if they distorted published prices of crude oil and petroleum products. It is a first step, long overdue, but it targets the wrong benchmark.
Too often the news media have provided a platform for fossil fuel industry-funded think tanks and advocacy groups to make spurious claims about global warming and renewable energy and allowed them to pass themselves off as disinterested parties promoting free markets and limited government.
Despite the global economic situation, Colombia has shown resilience to external shocks in recent years, with reasonable economic performance in its region, in part due to responsible monetary policies conducted by the Central Bank.
With cash gushers of oily money cascading down their open gullets, the Republican leadership's mercenary devotion to Big Oil shouldn't shock us. However, the boldness of the party's most recent assault on the public interest might cause us to ponder how GOP's honchos' knee jerk slavishness to petroleum interest has infected its rank and file.
If infrastructure, such as the Keystone XL pipeline, is built to transport tar sands, ways will be developed to extract more and more. When full accounting is done of emissions from tar sands oil, its use is equivalent to burning coal to power your automobile.
Whatever happens to the price of those commodities matters a great deal for development and, even more, for the war on poverty. The problem is that those prices are famously volatile.
It has become clear that Keystone pipeline is a threat to jobs, health and safety, energy security, food and water security, smart growth, and the climate -- but that's not all it threatens: Now, Keystone XL is becoming toxic for politicians who support it.
About two years ago, I wrote about the idyllic weeks and months I spent as a child in Ecuador's "el Oriente." El Oriente is Ecuador's magnificent ju...
Carbon dioxide levels in excess of 400 parts per million have already been recorded at the Mauna Loa Observatory in Hawaii, but they tend to fluctuate hourly. The milestone is significant because it illustrates how dramatically humans have altered the atmosphere in a few generations, says Mother Nature Network.
Mark Zuckerberg has in the past been eloquent in his support for transitioning from fossil fuels to knowledge-powered and New Energy economies. Now that his financial ties to the pro tar sands advertisements are public knowledge, many of us hope he will disassociate himself from their dubious content.
Every serious nation except the U.S. has an energy policy -- we need one. Obama's economic advisers appear not to want to even discuss the idea.