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NewsGermany’s once booming solar power industry is declining at an alarming rate, with 20,000 jobs being lost in 2011 alone. Germany once had the biggest solar industry in the world, providing around 150,000 jobs by 2010, but that bubble seems to be starting to burst, as demand for solar technology drops, government subsidies are cut [...]
Posts Tagged ‘The Americas’
COP17: Durban Platform means Kyoto II in 2015
After weeks of stalling climate talks, 194 countries finally managed to agree to sign up to Kyoto II in 2015, after agreeing a new text known as the ‘Durban Platform’. A week ago it looked likely that talks would fall apart as they did in Copenhagen , seemingly with China, India and the US all [...]
China, India & the US still at loggerheads after a week at 2011 Durban Climate Conference
Representatives from 194 countries around the world have been at COP17 in climate talks for the past week trying to get Kyoto II signed, but the US, China & India are barely even talking. With global carbon emissions higher than ever before, the UNFCCC is pushing hard for a successor to the Kyoto Protocol, but [...]
Jobs created by Obama’s green-tech program
The USA’s $38.6 billion “green-tech” program has so far only created a fraction of the green jobs that were promised. Various media outlets around the world are reporting on what’s becoming known as the Solyndra Scandal. Solyndra was a company that made solar panels, and was funded by Obama’s green-tech subsidy program. “The future is [...]
UK joins US in laser nuclear fusion project
The UK has teamed up with a US laser lab, hoping to develop clean energy from nuclear fusion The new technology uses lasers to compress hydrogen atoms together until they fuse, releasing large amounts of energy. Experiments at The National Ignition Facility (NIF) in the US have been promising, producing huge bursts of energy.
BHP Billiton invests in shale gas
The world largest mining company has invested £7.5bn into shale gas technology. BHP Billiton has agreed to purchase American shale gas company Petrohawk Energy in a £7.5bn deal, its biggest acquisition to date. It is the company’s second major investment into shale gas technology in the year, as BHP also purchased a gas field from [...]
BP plans return to Gulf as profits drop
BP first quarter profits are lower than last year, after selling off production to help pay for the damages of the Gulf oil spill. BP announced yesterday that its “replacement cost” profit had fallen from $5.6bn in the first quarter of 2010 to $5.4bn (£3.3bn) in 2011. This is despite oil price being 31pc higher [...]
BP sues Transocean over oil spill
A year on from the deepwater horizon oil rig explosion, BP is suing Transocean for at least £24m BP has launched a $40 billion USD (£24bn) lawsuit against Transocean, the owners of the Deepwater Horizon oil rig that exploded last year in the Gulf of Mexico. The tragic explosion one year ago that killed 11 [...]
Shale gas may be dirtier than coal
Study suggests new method for obtaining gas from shale beds could be more harmful to the environment than coal Shale gas refers to gas obtained from shale beds through a new and more complex process of hydraulic fracturing or “fracking”. “Fracking” consists of blasting water, sand and various chemicals into a shale bed two to [...]
E.ON sells Central Networks to US firm
RWE E.ON has agreed to sell its UK electricity distribution company, Central Networks, to US firm PPL. The German-owned energy giant E.ON is selling Central Networks, the second largest distributor of electricity in the UK, to Pennsylvania Power and Light for £4bn. Central Networks operates an 80,000 mile power grid that delivers electricity to over [...]
