Eco-nomics

Is world oil production peaking?

Is world oil production peaking? Quite possibly. Data from the International Energy Agency (IEA) show a pronounced loss of momentum in the growth of oil production during the last few years. After climbing from 82.90 million barrels per day (mb/d) in 2004 to 84.15 mb/d in 2005, output only increased to 84.80 mb/d in 2006 and then declined to 84.62 mb/d during the first 10 months of 2007.

Ecolabeling -Voting with our Wallets

One instrument that can help in the environmental restructuring of the economy is ecolabeling. Labeling products that are produced with environmentally sound practices lets consumers vote with their wallets.

Greenpeace says shut down Australia Power Station

BRISBANE (Reuters) - Greenpeace climate activists on Thursday shut down a coal-fired power station north of Sydney to protest against government climate change policies. A team of 15 activists from the environment watchdog entered and shut down the Munmorah power station, about 110 kilometers north of Sydney, during the early morning.

Government urged to clean Mississippi River

WASHINGTON (Reuters) - The Mississippi River, storied in American culture and commerce, needs more federal government action if it is once again to be clean enough for fishing and swimming, scientists said on Tuesday.

In a report issued by the National Research Council, the scientists called on the Environmental Protection Agency to take a more aggressive role in enforcing the Clean Water Act, which aims to make U.S. waters "fishable and swimmable."

Climate Change Seen Posing Big Risk For Insurers

SYDNEY The global insurance industry faces substantial risks from climate change due to the increased incidence of cyclones, floods, drought and bushfires, a major European reinsurer told the Greenhouse 2007 conference.

Solar-Powered Homes Outselling Weak Market

In California, Demand Is High For Solar Energy, While Overall Housing Market Languishes

Evidence is coming in lending further wait to TDG’s predictions back in June: while the nation’s housing market continues to struggle, green building features may provide sellers with a leg up over competition. “Those builders are seeing that they’ll get more buyers coming to their developments when they have solar. They sell like hot cakes,” Bernadette del Chiaro, an energy specialist at the advocacy group Environment California, told the Los Angeles Times.

Scientists hopeful despite climate signs

By SETH BORENSTEIN, AP Science Writer
Sun Sep 23, 2:35 PM ET

WASHINGTON - Climate scientist Michael Mann runs down the list of bad global warming news: The world is spewing greenhouse gases at a faster rate. Summer Arctic sea ice is at record lows. The ice sheets in Greenland and West Antarctica are melting quicker than expected.

China Faltering On Support For Solar Power

BEIJING - Solar panels could generate over 10 percent of China's power by the middle of the century, but only if Beijing steps up support for pioneering generating plants and sets more ambitious targets, a report said on Wednesday.

World Energy Council predicts oil peak in 10-20 years

Posted on Wednesday, September 19th, 2007
In a sign of just how rapidly peak oil is moving into the mainstream, a report from the World Energy Council has forecast that conventional oil production will peak in the next ten to twenty years. But in an interview with Lastoilshock.com, WEC Secretary General Gerald Doucet insisted that the transition would be “managable” and that total world energy supply would nevertheless double by 2030.

Stevia Used in Japan, China and Brazil, But FDA Declares Herb "Unsafe"

WASHINGTON (Reuters) - U.S. health regulators warned Hain Celestial Group Inc about a potentially unsafe herb in some of its herbal teas, saying it might be dangerous to blood sugar, reproductive, cardiovascular and renal systems.

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