Policy Exchange, the UK think tank, has created a stir across the country recently, when it stated that the renewable policies of the government will lead to an increase in household costs by 2020 of up to £400. This has invariably led to the governments Department of Energy and Climate Change vigorously refuting the claim. According to the DECC the people at Policy Exchange are totally wrong and claiming that the figure is based on analysis that is flawed and as such not credible.
The end of last week saw the WTI oil price closing below $91 per barrel. The fall was not experienced only by WTI oil, Brent oil too was affected by the drop in price. Because of this price fall, there are several ideas from several market watchers that the price may still fall further. This assumption is however not to be relied upon as the chances of oil falling tend to be very slim based on what is happening elsewhere in the world and the current increase in demand from China and Australia.
Is it advisable to condemn all youngsters of being antisocial simply because the recent riots in London were dominated by the young and educated? Obviously not. If so, why is it that people insist on dumping crude oil and using renewable sources of energy when petrol and diesel happen to be just two of the many substances extracted from crude oil?
What about kerosene which is used to fuel airplanes? How is the Boeing Jumbo Jet going to run on More
Well, we all saw it happen - from the very beginning of the Libyan unrest, it was clear that someone needs to take the advantage of dealing with oil of one of the richest oil destinations in the world. Libya is now forming a new government, one without the hand of Qaddafi interfering in almost every possible level of governance of business conduct. And now the player list for candidates to take hold of the Libyan oil industry is as More
Wind power has long been a much debated affair. However the fact remains that wind is free. This type of energy generation is very useful, particularly in areas that are far flung and have no access to power grids. There is no additional expenditure that needs to be incurred. It can easily be captured with the technology we have at our disposal today.
There is no need for further technological advancement that may add to the cost. While there may More
For someone who works in the gas and oil industry, Al Gore’s film, which centres on explaining to the masses why climate change is affecting all of us, is a tough pill to swallow. And not just because it makes us all feel guilty; there’s a lot of truth in this film which makes it very hard to see the positives of mining for any raw material.
Truth, however, is what I needed when I watched this film. I would be the first to admit that at the time this film came out I wasn’t exactly an expert on greenhouse gases and related issues. Actually, to be honest I had no real idea that the glaciers were melting at any rapid rate. What this film did was give me facts which a lot of our community have been ignoring for a very long time. That might have been the case in the past, but we’re starting to wake up now. And it’s about time…
none of us will be alive to see the problems of the future. So it’s easy to push them to the back of our minds
The world is getting smaller, if you like. The glaciers are shrinking, rapidly, and massive lakes are drying up. Worse, the stuff we are pumping up into the atmosphere is not exiting the atmosphere and heading into outer Space…it’s remaining inside our bubble and insulating us in a way which is making everything heat up. It’s only a fraction of an increase in temperature every year but don’t let the numbers fool you: it is slowly having an enormous impact on the way we live our lives.
What I gleaned from this film, if you like, is two things: 1) we have to find a new resource other than oil and 2) although it can’t happen immediately – that’d be suicide – it has to happen in the next 50 to 100 years.
There’s your biggest issue, of course: none of us will be alive to see the problems of the future. So it’s easy to push them to the back of our minds and get on thinking about Casual Fabrics and what DVD we are going to watch this evening.
Here’s the point: this film isn’t saying any one group is worse than any other. What it’s really doing is highlighting what we must do and how we need to act together to change things. It’s time we all got on the same page, or, to begin with, started just reading from the same library, you know?
Have you ever imagined the possibility of using a car fueled by water? This may sound like a rather impossible thing but the truth remains that such a thing is already happening. Genepax has invented a water fueled car that can put an end to the use of oil.
Achieving the impossible
Genepax is a Japanese company. The car was made in such a way that it is able to make use of any kind of water from any source. More
Canadian Stocks fell on a five-week low after the country keeps suffering from international trade problems. After the US dollar was boosted by the Greek crisis which reduced the value of Euro, the Canadian stocks dropped because of their dependency on the value of the US money. So oil and gold companies suffered the most with decreases varying from 2.8% to as much as 3.4% only for a few days.
A friend of mine had a terrible shock recently when she went to renew her car-parking permit. These permits are a license for local authorities to print money! We already pay council tax, so why on earth should we have to cough up even more money to our local councils for the right to park outside our doors or even round the corner?
However much I might moan about this system, it is pretty much here to stay, so me More
Europe is currently struggling with the prices of oil and the expenses it incurs from the importers of oil. However, some contracts for oil imports to the EU by major producers of oil such as Russia and the Middle East are soon to be resubmitted and this is the time the EU needs to ensure the financial safety of its citizens by changing the contracts.
Under the old agreements, the countries importers had a vast power to levy the prices More
