China’s growth flickers to a halt
A summer of cuts, partial blackouts and restrictions has now prompted experts to warn of an energy crisis with global implications.
A summer of cuts, partial blackouts and restrictions has now prompted experts to warn of an energy crisis with global implications.
The country may plunge into energy crisis by the year 2007 due to rising electricity demand which enters into double digit figure following increasing sale of electrical and electronic appliances on lease finance, it is reliably learnt Thursday.
What do carpet, tires and paint have in common? They are just a few of the household items getting more expensive due to the high cost of oil and natural gas.
World oil consumption may rise 2 per cent next year, led by increased usage of diesel, gasoline and jet fuel in the U.S., Societe Generale said.
Sadly, we will pay a steep price for having frittered away the years, even the decades since the oil shocks of the 1970s.
Each summer as 120-degree heat shimmers silver waves across the Mojave Desert, residents of this inferno crank the thermostat down. Air-conditioner compressors and fan motors often run 24-hours a day and for weeks on end.
Britain risks running short of gas over the next two winters if the weather were particularly harsh or there were an emergency such as a terrorist attack on an import terminal, according to a House of Lords inquiry.
U.S. fuel stockpiles are languishing well below average, leaving the world’s largest energy consumer vulnerable to a summer gasoline inventory crunch or tight supplies of heating oil next winter, the Department of Energy said on Wednesday.
As Europe readies itself to cut greenhouse gases in line with EU and Kyoto obligations, the Spanish government has warned that domestic electricity prices will rise.
Thailand’s foreign minister has called for Asian governments to develop long-term plans to ease energy shortages. Rapidly increasing demand for energy, driven largely by China’s booming economy, has driven prices up, and caused anxiety in a region whose own oil reserves are dwindling.
Although gas prices are on the rise Americans still love their big cars.
Overview of photovoltaics: costs, government policies, potential. Has a pretty good description of the current state of the industry. See original for several nice figures.