In a move that could strain Washington’s relationship with Kyrgyzstan, a key Central Asian ally, the Pentagon opted November 3 to award a new fuel-supply contract to a company that…
It's official. The Bank of Japan today announced specifics for direct purchasing of Japanese exchange traded funds (ETFs) and real estate trusts (J-REITs). As part of a 35 trillion yen…
Despite Mongolia’s nearly limitless supplies of coal, Ulaanbaatar recently approved plans to set up the country’s first commercial wind farm. The decision is fueling a public debate that aims to…
The Iraqi oil ministry’s auction of three natural gas fields last month was angrily opposed by all the governorates in which they are located. With provincial officials threatening legal action…
Let’s put the economic policies the voters chose under the microscope and see what we got. It is not a pretty picture. The bottom line is that my scenario of…
Money manager Van Eck Global has launched an exchange-traded fund (ETF) offering investors exposure to a possible bull-run in the value of ‘rare earth’ metals. Such metals are crucial raw…
How large can a Photo Voltaic (PV) solar farm be? It, of course, depends, on the available land space and the efficiency of the solar cells involved. Sarnia Solar Facility,…
The leaders of Britain and France have sealed agreements on a defense partnership between their two nations which is unparalleled in scope. British Prime Minister David Cameron and French President…
We're a few hours away from the Federal Reserve's expected announcement of more quantitative easing for America. The general expectation is the Fed will buy hundreds of billions worth of…
Proved oil reserves at the end of 2008 are estimated to have been 1258.0 thousand million (billion) barrels. That represented an increase of 17.7% over the 1997 figure of 1068.5…
In the 1948 Frank Capra film State of the Union aircraft tycoon Grant Matthews is drafted as a candidate for president of the United States. Matthews has never sought office…
The corruption of the Nigerian political process is now in full swing: major payments are now being made to each of the delegates of the political parties — particularly the…
After a couple of years of sustained growth, U.S. wind power investments have fallen off the cliff over the past year, pummeled by a combination of record-low natural gas prices,…
TransGas Development Systems, LLC announced an agreement with SK Engineering & Construction Co., Ltd (SKE&C) leading to engineering, procurement and construction of its first US coal-to-gasoline plant—Adams Fork Energy—to be…
Unfortunately, the title that I wanted to give this short discussion was already used by Professor Paul Stevens. His contribution is called ‘The Shale Gas Revolution: Hype and Reality’ (2010),…
Fewer wind turbines will be installed this year, in a delayed reaction to the collapse in investment caused by the financial crisis. Total onshore and offshore wind installations are expected…
The US geothermal power sector is poised for significant growth in 2011, thanks to the economic stimulus package. Approximately 500MW to 700MW of geothermal power projects will enter the final…
Russia is experiencing an unprecedented demographic crisis, according to a prominent American population expert. The country’s dwindling population could make it hard for Moscow to implement its economic and diplomatic…
Man-made climate change faces us with unprecedented challenges. A global warming of significantly more than 2°C might trigger irreversible tipping points in the Earth system and cause a transformation of…
When I first visited Calcutta in 1976, 800,000 people were sleeping on the sidewalks, I was hauled everywhere by a very lean, barefoot rickshaw driver, and drinking the water out…