Maybe.

According to a report issued by KPMG (download pdf), a bubble may be developing globally in the renewable energy sector as bidders compete for assets and send prices up.

Oil and gas companies are buying in the hunt for cleaner fuels and financial buyers are searching for stable long-term cash flow - the overall effect has been to push valuations up to record levels. The report indicates that 50 % of respondents, and nearly two-thirds in Eur...

But it may not matter

According to World Nuclear News, the USA and Russia have signed a "landmark" deal on nuclear cooperation to facilitate trade and allow joint ventures between companies.

The deal would create the conditions for "massive development of nuclear power worldwide." It sounds like GNEP on steroids and that's just the kind of conflict laden political initiative by the Bush Administration make makes Rep. John Dingell (D-Mich) ....

Quietly, with little or no fanfare, over the last two months the price of wheat has gone down. So quiet in fact that I doubt anyone has noticed. I know I hadn't until I saw this small quote in a recent article .

Over the winter, wheat prices soared to nearly $13 a bushel, but lately they have dropped below $8. With soybeans still high, that could be another factor pushing some farmers away from planting corn, Mr. Reed said.

As soon as I saw it I w...

Yesterday the Department of Energy released a major study on the potential of wind power in the US, suggesting that by 2030 it could supply 20% of our electricity needs, at little incremental investment over and above what would be necessary anyway, to keep up with the growth of demand. This is an encouraging result for those who see renewable energy as a vital component of any effort to reduce greenhouse gas emissions and improve our energy sec...

A President McCain would have no magic wand to get conservatives to join a cause they simply don’t believe in, much as he wasn’t able to get them to join the cause for his McCain Lieberman climate bill. As E&E News (subs. req’d) reports today: Several key Capitol Hill Republicans stood defiant yesterday against the [...]

This article belongs to the NYMEX crude oil price records story arc.

money.ninemsn.com.au :

Crude oil came within touching distance of $127 a barrel on Tuesday [13 May 2008], extending its record-breaking run for a seventh session, while US petrol and heating oil prices also climbed to new highs. NYMEX June West Texas Intermediate hit a record $126.98.

news.bbc.co.uk :

Oil prices have hit a record just shy of $127 a barrel after Iran said ...

I finally had the chance to read this terrific paper by Christopher Weber and Scott Matthews of Carnegie Mellon that compares greenhouse gas emissions from the production different types of food and the delivery of that food to your plate. As was reported by some news agencies and blogs, Weber and Matthews conclude that transportation represents only 11% - on average, it depends on the food – of the total life-cycle GHG emissions of U.S. food (t...

In a different context, this might be funny:

Lawmakers being forced to give up gas-guzzling cars

WASHINGTON -- Rep. Elton Gallegly of Simi Valley likes his taxpayer-funded Ford Expedition. He isn't worried that it's not the most fuel-efficient car. It's reliable, suits his mountainous district and is cheaper to lease than many other vehicles.

"It's not a Cadillac. It's not a Lincoln. It's a Ford," the Republican congressman said with exasperation.

B...

*The title is meant to be sung to the Barney tune of “If Raindrops were Gumdrops.” Every night my son and I share a bowl of ice cream, and I’ve noticed a parallel between my household’s ice cream interaction and the global economic demand and supply of oil. In this story: I will represent the American economy. [...]

Last week, the Rockefeller family made an historic challenge to Exxon Mobil Corp., the company founded by John D. Rockefeller and in which dozens of family members still hold stock. The challenge came in the form of a shareholder resolution to require an independent chairman of Exxon's board of directors, so that the company can better maximize long-term shareholder value in a rapidly changing energy environment. Making the board chair independe...

Executive Summary

If you don't want to run through the calculations, here is the summary. I attempted a thought experiment in which I calculated whether it would be feasible to use solar power to generate enough energy to offset all U.S. gasoline consumption. My conclusion is that it will take about 444,000 megawatts of electrical generating capacity. Current U.S. generating capacity is over 900,000 megawatts, but there isn't a whole lot of spare...

But it may not matter

According to World Nuclear News, the USA and Russia have signed a "landmark" deal on nuclear cooperation to facilitate trade and allow joint ventures between companies.

The deal would create the conditions for "massive development of nuclear power worldwide." It sounds like GNEP on steroids and that's just the kind of conflict laden political initiative by the Bush Administration make makes Rep. John Dingell (D-Mich) ....