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Cal on July 27th, 2015

China could be on the verge of introducing a two-child policy, 35 years after enacting draconian birth control rules blamed for millions of forced abortions and the creation of a demographic “time bomb.” The new regulation, under which all Chinese couples would be allowed to have two children, could be implemented “as soon as the end […]

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Cal on July 25th, 2015

The German government plans to give financial compensation to electric power utilities which agree to mothball coal-generation plants and maintain them in standby mode. Terms of the compensation are not yet known. 200 out of 535 US coal power plants have closed since 2010 or about 40% of that country’s electricity production from coal. Over […]

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Cal on July 18th, 2015

Japan expects nuclear power to supply as much as 22% of the nation’s electricity needs by 2030. Another 24% will be supplied by hydro power and solar. The other sources of supply will be natural gas (27%), coal (26%) and crude oil (3%).  All in all, renewable sources will supply almost half of the Asian […]

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Cal on July 14th, 2015

Saudi Arabia reported to OPEC its crude oil production was at its highest levels in more than 30 years. The desert kingdom produced 10.56 million barrels of oil per day in June. Another crude oil boom may be in the works off the coast of West Africa.  Tullow Oil is among the early players in […]

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Cal on July 13th, 2015

Last fall world crude oil prices fell 50% because there was too much oil supply and not enough demand. Now the International Energy Agency (IEA) is predicting we may see the same thing this fall. Currently global oil production is 3.1 million barrels per day higher than it was at this time last year and […]

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Cal on July 7th, 2015

The international price of crude oil fell this week by 5% as traders speculated that a new nuclear agreement between Iran and the Western countries will soon bring substantial volumes of new crude oil from Iran onto world markets. Three fossil fuel sources—petroleum, natural gas, and coal—have made up at least 80% of total US […]

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Cal on July 5th, 2015

Russia’s state-controlled energy firm Gazprom announced last week that it suspended the delivery of natural gas to Ukraine, having not received payment for gas deliveries in the coming months. “Gazprom will not deliver gas to Ukraine at any price without prepayment,” company CEO Alexey Miller said. Negotiations between the two countries broke down when Ukraine […]

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Cal on June 30th, 2015

Two-thirds of known fossil-fuel reserves must be left in the ground if global warming is to be kept at less that 2 degrees C. above pre-industrial levels according to United Nations special envoy for climate change Mary Robinson. “The latest science makes it clear that the world needs to reach zero carbon emissions globally by […]

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