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Download: News - Archives 200725.06.2008: Electro-car big flop.
Politicians like MacCain tries to profit from the electro-car wave promising a high award for the development of a small battery for E-cars. It is an enormous flop because it does not consider increasing prices of electricity. New power plants, running with dirty coal or other fossil sources and nuclear waste will lead to a deadlock.
Solar energy from the Arabian deserts may solve immediately the future demands for sustainable energy and provide a feasible solution for clean fuel for transportation.
24.06.2008: Radioactive waste leakage at the final disposal site in Wolfsburg, Germany.
Leaking barrels with high radioactive waste in a salt cavern in Germany in 700 meters caused a spill which may affect drinking water of the region. The site had to be closed because of the high radioactivity of the site affecting health of engineers.
Experts say that contamination of drinking reservoir of the nearby region Harz for the coming generation is very likely to occur.
Electricity from nuclear power plants is therefore a deadly choice for humanity.
22.06.2008: The conference at Jiddah brings no crude oil price relieve, forcing two scenarios
The price of crude oil remained high. Saudi Arabia tried to stop prices soaring announced to increase production of crude oil wit no results.
On the eve of further difficulties on the energy market two scenarios are feasible:
Scenarion 1: European countries such as Germany may cooperate with Arabian countries, founding a consortium
for the production of solar electricity and hydrogen in the Arabian desert. The participating countries will profit from revenues of the export of electricity and hydrogen to Europe The economic bonds between Europe and the Arabian countries will promote security and peace in the region.
Scenario 2 : Europe is politically unable to start an alliance with the Arabian countries. In this case the Arabian countries may start the project on their own. This would leave the future of solar electricity and hydrogen in the hands of the Arabian world.
27.05.2008: NanotubesNanotechnology improving solar modules [1]
BP Solar, together with the California Institute of Technology, develope a new generation of highly efficient solar cells using silicium-nanorods.
[1] BP Solar:: Articles
http://www.deutschebp.de/sectiongenericarticle.do?categoryId=9022984&contentId=7044691
The Post Fossil Fuel Era
23.02.2008: Dubai starts the Post Fossil Fuel Era
UAE to build Gulf’s first nuclear power plant [1]
The UAE, the No. 3 oil producer in the Middle East in August may build the first nuclear-power plant in the Gulf as the country seeks to nearly double power production by 2010. According to Ahmad Al Darmaki of ADWEA, building a nuclear power plant is cheaper than buying natural gas to fuel power stations.
Dubai backs out of fossil fuel consumption and buys a nuclear power plant from France [2]
The UAE and France made an agreement on a joint cooperation in use of nuclear energy for peaceful, civilian purposes.
Nicolas Sarkozy holds the view that countries have the right to use nuclear energy for peaceful applications as it considers the energy of the future. Sarkouzy is pleased that the Emirate, under Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, will be the first country to have a fruitful cooperation with France in this field.
The nuclear power plant deal with UAE comes after a similar deal of a nuclear power plant between France and Lybia under Muammar Abu Minyar al-Gaddafi.
Remember: Nuclear power is the oil of Western corporations. It creates dependence on uranium as fuel which will decay after 2030. It is not the very best solution.
The Uranium report [3]
Peak of uranium will be in 2030 At present, only 42 kt/yr of the current uranium demand of 67 kt/yr are supplied by new production, the remaining 25 kt/yr are drawn from stockpiles which were accumulated before 1980. Since these stocks will be exhausted within the next 10 years, uranium production capacity must increase by at least some 50% in order to match future demand of current
capacity.
The energy to supply Europe with electricity and hydrogen as fuel for cars can be harvested from the solar energy of the Arabian deserts. The costs are extreme attractive compared with a out fading technology of nuclear plants. 1 GW has an inwestment volume of 3 Billion Euro and produces electricity for 25 years for free, without any input. Solar energy of the Arabian deserts is for free and will work as long earth will exist.
The Arabian corporation can start the production of electricity and hydrogen on demand beginning in 2009.
Read the Feasibility study 1 and Feasibility study 2.
[1] UAE interact.com: UAE may build Gulf’s first nuclear power plant. 14/09/2004
http://www.uaeinteract.com/docs/UAE_may_build_Gulf%E2%80%99s_first_nuclear_power_plant/13417.htm
[2] UAEinteract.com: UAE-France laying ground for joint peaceful nuclear partnership. 22.05.2008
http://www.uaeinteract.com/docs/UAE-France_laying_ground_for_joint_peaceful_nuclear_partnership/30222.htm
[3] The Energy Watch Group: The Uranium and Nuclear Energy Report 2006.
http://www.energywatchgroup.org/fileadmin/global/pdf/EWG_Report_Uranium_3-12-2006ms.pdf
22.05.2008: The Energy Watch Group predicts the decline of fossil and nuclear energy supplies
The Energy Watch Group Oil report 2007 [1]
The world oil production has peaked in 2006. Production will start to decline at a rate of several percent per year. By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame.
The world is at the beginning of a structural change of its economic system. This change will be triggered by declining fossil fuel supplies and will influence almost all aspects of our daily life.
| The Oil reserves of the Middle East were estimated by the Industry Data Bank (IDB) to be | 679 Billion Barrels |
| However, the Energy Watch Group says the Middle East reserves are only | 362 Billion Barrels |
The Coal report March 2007 [3]
Production profile projections suggest the global peak of coal production to occur around 2025 at 30 percent above current production in the best case.
The Uranium report [4]
Peak of uranium will be in 2030 At present, only 42 kt/yr of the current uranium demand of 67 kt/yr are supplied by new production, the remaining 25 kt/yr are drawn from stockpiles which were accumulated before 1980. Since these stocks will be exhausted within the next 10 years, uranium production capacity must increase by at least some 50% in order to match future demand of current
capacity.
[1] The Energy Watch Group: The Oil Report 2007.
http://www.energywatchgroup.org/fileadmin/global/pdf/EWG_Oilreport_Summary_10-2007.pdf
[2] The Energy Watch Group: Press Conference on 21. May 2008 in Berlin The decline of oil supply and the consequences. Oil price on record high.
http://www.energywatchgroup.org/Press.6+M5d637b1e38d.0.html
http://www.spiegel.de/wirtschaft/0,1518,554587,00.html
[3] The Energy Watch Group: The Coal Report 2007.
http://www.energywatchgroup.org/fileadmin/global/pdf/EWG_Report_Coal_10-07-2007ms.pdf
[4] The Energy Watch Group: The Uranium and Nuclear Energy Report 2006.
http://www.energywatchgroup.org/fileadmin/global/pdf/EWG_Report_Uranium_3-12-2006ms.pdf
21.05.2008: Oil Price climbes to 135 Dollar/barrel
Goldman Sachs predicts a price of 200 Dollar /Barrel in less than 6 month.
Meanwhile German car maker continue to built fossil technology driven giant cars disregarding all signs of new technologies. It is amazing to see high payed CEOS hiding their heads in sand.
The German and the European government should activate projects like DESERTEC which could bring solar electricity to europe in 10 years, or even der Arabian Desert Solar Energy Consortium which may start production of electricity and hydrogen for Europe in 2009. Hydrogen for cars is the technology for environment and may reduce the pressure on crude oil.
06.05.2008: Indonesia considers to quit the OPEC [1]
Indonesia considers to withdraw temporarily its membership at the OPEC. Indonesia´s president declared that the wells are running out and there were decades of declining investments. The country became an oil importer after the oil production of 1.5 million to 1.6 million barrels a day in the mid-1990s fell now to less than 1 million barrels a day.
[1] Herald Tribune - Asia Pacific: Indonesia considers temporarily pulling out of OPEC. 06.05.2008
http://www.iht.com/articles/ap/2008/05/06/asia/AS-FIN-Indonesia-OPEC.php
04.05.2008: The Temperature forecast Leibniz-Institute for Marine Sciences in Kiel [1]
Mojib Latif, a professor working at the Leibniz-Institute for Marine Sciences in Kiel (IFM-GEOMAR), together with the Max-Planck Instituts (MPI) in Germany developed a climate model in 2008 which forecasts that in the next ten years temperatures will not rise as much as predicted by the IPCC This will be caused by natural climate variations in the North Atlantic and tropical Pacific which temporarily offset the projected anthropogenic warming. The authors warn, however, that after this period temperatures will rise again.
[1] Keenlyside, N. S., Latif, M.; Jungclaus, J.; Kornblueh, L. ; Roeckner, E.: Advancing Decadal-Scale Climate Prediction in the North Atlantic Sector. Nature, 453, 84-88. 2008.
http://www.nature.com/nature/journal/v453/n7191/full/nature06921.html
04.05.2008: The McKinsey report says that IT data centres have rising energy
According to a study by McKinsey the world’s data centres will surpass the airline industry as a greenhouse gas polluter by 2020.
Solar electricity from the desert may supply all energy needed with a zero emission.
[1] McKinsey Report 2008 on IT energy demand
http://uptimeinstitute.org/content/view/168/57
06.03.07: Sustainability Conference at London: Rush for biofuels threatens starvation on a global scale
[1]
According to Professor Beddington at a conference on sustainability in London in 06.03.08 cautioned that shoppers in the United Kingdom will have to faced big price rises because of the soaring cost of feeding livestock resulting from the rush towards biofuels. Other speakers said at the conference that it will not be possible to grow enough crops to produce renewable energy and at the same time meet the enormous demand for food.
Solar fuel [2]
Instead of building on environment unfriendly biofuel the European Union should support projects in the desert of northern Africa and the Arabian peninsula. Solar electricity can supply all Energy needed to get Europe moving on without any harm to nature. Hydrogen from water hydrolysis will be the solar fuel for the future
[1] Soil Association: Rush for biofuels threatens starvation on a global scale. Today´s News. 07.03.2008
http://www.soilassociation.org/web/sa/saweb.nsf/70423e6225bf43988025718c0048b5c0/c7dfbc16fa54b30480257405003ce131!OpenDocument
[2] Desert Energy Project
http://www.desertenergyproject.net/
16.02.2008: Direct production of hydrogen by Solar energy using titania as catalyst [1]
Nanoptek has developed a new way to make hydrogen from water using solar energy. The company says that its process is cheap enough to compete with the cheapest approaches used now, which strip hydrogen from natural gas, and it has the further advantage of releasing no carbon dioxide.
The technology uses titania, a cheap and abundant material, to capture energy from sunlight. The absorbed energy releases electrons, which split water to make hydrogen. Other researchers have used titania to split water in the past, but Nanoptek researchers found a way to modify titania to absorb more sunlight, which makes the process much cheaper and more efficient.
Efficient hydrogen production by hydrolysis of water using solar energy solves the fuel problem for clean transportation. The battery driven cars have to be recharged every 50 kilometer (26 miles) Mrs. Agassis world will have a short action radius. Hydrogen driven cars, already running in Germany and in Noway have a radius of 300 and more kilometers. The unending solar energy of the deserts eliminates doubts concerning efficiency of transformation.
[1] Technology Review: Cheap Hydrogen.A new process uses sunlight and a nanostructured catalyst to inexpensively and efficiently generate hydrogen for fuel. By Kevin Bullis. January 31, 2008.
http://www.technologyreview.com/Energy/20134/
16.02.2008: Project Better Place by Shai Agassi
The project wants to save tho climatre, bring peace and solve the global enmergy crisis by switching to electric drivern cars.Petrol stations will change low charge batteries with new once. It is not feasible for wide regions of heavy traffic and trucks on the highway.
Mr. Agassi is focused exclusively on electric driven cars. To cope with the global energy crisis a mix of different technologies will be necessary. Hydrogen from solar energy will be one of these technologies. Hydrogen solves the problem of energy storage. Cars can be refilled in less than 5 minutes. The environment impact of the recycling batteries is avoided
12.02.2008: The Masdar Initiative [1]
An Arab lesson to the world regarding environment and climate protection
In April 2006 Abu Dhabi started a project of renewable and sustainable energy technologies with engagement in the search for solutions to some of mankind's most pressing issues: energy security, climate change and truly sustainable human development. The Masdar city will be built with a planed cost of 22 billion Dollars. The city will be powered by wind and solar energy. Revenues from selling carbon credits from the Emmission Trading Schemes.
Looking forward, Masdar will continue to look for opportunities to invest in and develop technologies across solar, wind, hydrogen, carbon reduction, green design and higher education.
In February 2008, Masdar will break ground of the world’s first zero -carbon, zero-waste, car-free city. The city, growing eventually to 1,500 businesses and 50,000 residents, when completed in 2016, it will be home to international business and top minds in the field of sustainable and alternative energy.
[1] The Masdar Initiative
http://www.masdaruae.com/
03.01.2008: Eon will invest 3,9 Billion Euro in Sweden
Eon is coproprietor of the nuclear power plants of Ringhals, Forsmark und Oskkarsham, which produce 50 per cent of electricity in Sweden. Eon plans to built more nuclear power plants, one in Finland, but will also invest in biofuel, gas and windmills.
20.12.2007: German car producers missed technology innovations on emission
Mandatory emissions limits for EU cars: Development of German car did not considered the emerging new economy of emission reduction. Building on speed and high engine power the German car producers are now facing the new EU regulations on CO2 emission. They fear loss of market shares. Janpanese and French car makers made outstanding advances introducing low emission which are below the CO2 limits imposed by the new EU directive. Hydrogen cars also launched by Honda will lead the future low priced hydrogen economy, produced by water hydrolysis with solar electricity from the Arabian Peninsula.
| Mandatory Emission Limits for EU Cars | Brand | g/CO2 emmission |
| The new regulation will be set in force in 2012, demands a maximum | Porsche | 282 |
| CO2 emissions of 120 grams per kilometers for new cars. | Subaru | 282 |
| The winners are: | Daimler | 184 |
| BMW | 182 |
The Bad Boys Club
The technology friendly USA stumps behind their President Bush which forbids any cooperation with emission reduction. Let us leave these bad guys behind and make good clean business with a solar energy and hydrogen technology from this electricity.
| Environment Zones Germany introduces Environment Zones in cities. Beginning in 2008 drivers must obey the environment sign or face to pay a fine if their car does not meet the new emission rules. |  |
11.12.2007: California Clipper Windpower is developing the world’s largest offshore wind turbine in north east England.
Californian energy giant Clipper Windpower is to develop a new generation of offshore wind turbines in the North East of England, with a £5m support from the Regional Development Agency ONE North East. The prototype technology will be placed at the New and Renewable Energy Centre (NaREC) in Blyth, Northumberland.
UK Business and Enterprise Secretary John Hutton commenting the business said that the UK is fast becoming a magnet for renewable energy investment. Hutton said at a meeting in Berlin that UK overall aim is for wind sources to account for one fifth of all energy produced in the UK by 2020, installing 7,000 wind turbines along the coast of the UK.
07.12.2007: Biofuel in Germany will replace 6,25% of fossil petrol consumed in 2009, rising to 8% in eight years. Diesel will have 8% of canola oil.
To achieve this the E10 petrol with 10% of alcohol will be launched. Cars which are not fit for E10 must use E5 with 15 Cents extra charge. E10 may harm aluminum components of some engines.
South Africa revises biofuel program down to 2% and excludes corn from fuel production [1]
Minerals and Energy Minister Buyelwa Sonjica announced that South Africa revised the initial proposal of 4,5% down to 2% biofuels of its total fuel production by 2013. Maize will be excluded from biofuel production because it is a staple food and food security concerns demand the move to soya beans, canola, sunflower and sugar cane and sugar beet for ethanol.
South Africa produces liquid fuels by synthesis from coal and natural gas making 36 percent of fuels demand. Imported crude oil covers 64%.
This adds new dimensions on the bio energy market. Hydrogen from solar energy can replace bio alcohol and bio Diesel, both of which compete with staple foods, threatens food security, and are unfriendly to environment and community.
[1] Yahoo Canada: South Africa aims for 2.0 percent biofuels production by 2013
http://ca.news.yahoo.com/s/afp/071206/world/safrica_energy_alternative_biofuels
05.12.2007: Flaring stop in Nigeria
Chevron, ExxonMobil, Royal Dutch Shell, Total and Eni. in joint ventures with the state oil company, failed to stop onshore flaring which had been imposed by the Nigerian authorities, blaming gas flares to be a health hazard to nearby communities and to be a waste of resources.
Starting on 1. January the companies will be fined $3.5 for every 1,000 standard cubic feet of gas flared and will be shut down after 31. December 2008 should flaring not be stopped.
03.12.2007: Italian ENI Oil and Gas Expansion
Eni, an Italian energy corporation bought for 2,4 Billion EUR the UK Burren Energy which is specialised on development of oil and gas production. Burren is active in West Africa, India, Middle East and Kaspian Sea. Eni hopes thus to get access to Turkmenistan, and boost its activities in the Kongo where Eni bought production rights for 1,4 Billion Eur.
Eni needs the new fields because the company is having trouble in Kasachstan with its Agip KCO branch whose activities have been stopped by the local government imposing a penality of 7 Billion Euro due to environment infringements and delays.
Eni plans to invest 44,6 Billion Eur in its business until 2010 to compensate dropping oil production.
30.11.2007: Power plants face strong opposition of citizens in Germany
Plans for a 1,6 Giga Watt hard-coal-fired power plant dropped [1]
The plans for a construction of a 2.2 Billion 1,600 MW hard-coal-fired power plant in Ensdorf , Germany, by RWE Power was dropped due to a public vote against the project. RWE says there is no plan B for now.
RWE Power says that coal-fired power plants are indispensable for the future of Germany's energy supply. Without coal- fired power plants the dependency on gas would continue to grow considerably.
Germany import its main gas from Russia. With recent political relations between the two countries steadily cooling down, Germany faces uncertain future of gas resources.
Public Campaign against 1,6 construction of Gigawatt power plant DONC Energy [2]
Two public campaigns are trying to stop the avoid the construction of a hard-coal-fired power plant at Lubmin in the proximity of Greisvald in Germany. The Danish DONC Energy company plans to build a power plant with 1600 Mega Watt capacity.
Green Party in Germany against coal- driven power plants [3]
The Party says that investing in coal-driven power plants is absurd. Stakeholders should rely on renewable energy, save energy and increase energy efficiency to overcome future energy shortage.
Importing renewable solar energy from Arabia will be a welcome solution.
[1] RWE regrets decision against new hard-coalfired power plant in the Saarland
http://www.rwe.com/generator.aspx/presse/language=en/id=76864?pmid=4001919
[2] Public Campaign says no to coal-driven power plant in Lubmin
http://kein-kohlekraftwerk-lubmin.de/index.html
[3] Spiegel Online: Grüne nennen den Bau neuer Kohlekraftwerke “Absurd” 11.04.2007
http://www.spiegel.de/politik/deutschland/0,1518,476433,00.html
25.11.2007: An Arab lesson to the world on regard of alternative energy and sustainable technologies
Abu Dhabi, a member of the United Arab Emirates, builts a 500 M W solar power plant, worth $350-million. The Project is run by Abu Dhabi Future Energy, and the Abu Dhabi Water and Electricity Authority.
According to Sultan al-Jaber, from Future Energy, Abu Dhabi does not want to be entirely dependent on hydrocarbon power. He underlined the Emirate´s economic development program dedicated to establishing an entirely new economic sector focused on alternative energy and sustainable technologies. [1]
Abu Dhabi may provide precious informations to the future Arabian Solar Energy Project on the performance of the photovoltaic technology under desert conditions.
Other activities in research for energy alternatives of the future are being done by the Abu Dhabi Petroleum Institute (PI) aside of the Institute´s main interest related to hydrocarbons.
The Petroleum Institute in a Message by Dr. Michael Ohadi states that there will be a growing demand for at least the next twenty to thirty years for hydrocarbons while the world actively seeks to find alternative energy resources and technologies that can respond to the growing demand for clean energy. [2]
The PI may thus become an important know-how source for the Arabian Solar Energy Project and hydrogen as energy storage and future special fuel for crowded areas.
[1] Abu Dhabi to build $350m solar power plant. Reuters 18 February 2007
http://www.arabianbusiness.com/index.php?option=com_content&view=article&id=8167
[2] The Petroleum Institute Abu Dhabi, United Arab Emirates: Message from the Executive Director
http://www.pi.ac.ae/PI_INS/eo/info/message.php
20.11.2007: Outcomes of the the third OPEC Conference in Riyadh 2007 [1]
The summit declaration pledges to ensure adequate and stable supply of oil to world markets and to invest sufficient money in the upstream as well in the downstream to meet future demand. and to overcome the shortages of refining capacity cited as a reason behind the current high oil prices.
The final declaration urges "all parties to find ways and means to enhance the efficiency of financial petroleum markets with the aim of reducing short term price volatility that is harmful to producers and consumers."
The Declaration is centred on stability of global energy markets, energy for sustainable development, and protecting the environment, addressing environmental concerns such as climate change, and calls for carbon capture and storage (CCS).
[1] Royal Embssy of Saudi Arabia: Third OPEC Summit: Text of the Riyadh Declaration
http://www.saudiembassy.net/2007News/Statements/StateDetail.asp?cIndex=684
Who cares about energy costs?
German Government gives 1 Billion Euro to remediate damage caused by brown coal mining in Germany.
10.11.2007 Container ship collides with the Bay Bridge in the California Bay leaking oil
11.11.2007 Wolganeft-139 broke apart in the Black sea due to heavy storm. 2,3 Million litres oil already leaked out.
02.11.2007: Germany´s government is funding Brazil ethanol-driven car production [1]
In 2003 Germany agreed to contribute 32,5 million USD over 10 years to the Brazilian National Vehicle Manufacturers Association to finance the production of additional 10.000 ethanol-driven cars to help to reduce carbon emission. Germany will also subsidise 325 USD for every ethanol-fueled vehicle used. In exchange the German Government will receive a certificate for the associated carbon reduction.
[1]United Natioins: Sustainable Bioenergy : A Framework for Decisionmakers: Using bilateral cooperation to finance biofuel development in Brazil. April 2007.
http://esa.un.org/un-energy/pdf/susdev.Biofuels.FAO.pdf
The Third World war and the Conference at Bali[1] [2] [3] [4]
War for Oil
The outcomes of the Climate Conference at Bali will decide which primary energy sources will be used in future. The Conference will rule over the war on fossil energy resources. The fight for the oil fields of the Near East, the wrangling about the Arctic and the Antarctic have brought us near again to he nuclear threat between USA and Russia. European gas and oil supply may be put in question.
The Conference affects the politicians, the economy, the security and defence, the transportation, the relations between Europe and USA, the staple foods, the different delegations for the relation between the EU and other regions, agriculture, the committee on agriculture and rural development and committee on development.
Only the exploration of new energy sources, such as solar, wind, geothermy and Hydrogen used as fuel for transportation may solve the oil debacle. The highest ranks of the politic are challenged in order do get the USA, China, Australia and others to cooperate with the European Union. The politic must also define the framework conditions, so that the automobile manufacturers act on this issue.
Strategists of NATO agree with the evaluation that we face a diplomatic heap of shards. It is alarming that one does not realize the connection of fossil fuel and other departments. The causers of the climate change are also responsible for all other disputes.
[1] Dritter Weltkrieg: Weißes Haus relativiert Buishs Aussage Spiegel Online 19.10.2007
http://www.spiegel.de/politik/ausland/0,1518,512323,00.html
[2] Neue Rekordmarke: Ölpreis erstmals über 90 Dollar. Spiegel Online 19.10.2007
http://www.spiegel.de/wirtschaft/0,1518,512321,00.html
[3] Der Kampf um Öl eskaliert zwischen Russland, USA, Kanada und Dänemark um die Arktis. Spiegel Online, 14.09.2007
http://www.spiegel.de/wissenschaft/mensch/0,1518,499775,00.html
[4] Regierungspläne enthüllt: Großbritannien beansprucht riesigen Teil der Antarktis. Spiegel Online 17.10.2007
http://www.spiegel.de/wissenschaft/natur/0,1518,511981,00.html
How long will oil lead the energy economy?
Oil reserves will probably end in 41 years
in million Tonnes 2006 Source: Bundesanstalt für Geowissenschaften und Rohstoffe
Who owns oil reserves?Region Oil production Oil prtoduction Oil consumed Enough for feasible too expensive in 2006 years Near East 100.399 20.510 1.224,8 82 GUS 16.962 21.080 603,4 28 Africa 16.027 9.878 473,4 34 Latin America 14.102 7.168 539,1 26 North America 6.618 13.400 465,6 14 South East Asia 6.225 6.395 388,5 16 Europe 2.473 3.625 247,4 10 World TOTAL 162.807 82.056 3.942,2 41
The oil production is already with 62 percent and 92 percent of gas in hands of states:
Pemex is Mexico Government owned. It accounts for 40 percent of the federal government's total income. Despite high oil prices, however Pemex fields are running dry. No funds are available to drill for deeper stores. [1]
Hugo Chavez is the chief in command in Venezuela
Putin in Russia leads Gasprom (gas) and Rosneft (oil).
Dubai has nationalised the oil production.
Saudi Arabia is run by Saudi-Aramco.
Iran´s oil is in the hands of the states company NIOC
Exon, Chevron, BP, Shell, Total and Esso will soon not have a say there any more. It is thus important to create alternative energy ewconomy based on solar energy from the deserts, wind power and hydrogen as fuel for transportation and energy storage.
[1] The weekly reader: Pemex faces drying field, no funds to update refineries. 18.02.2007
http://www.4qf.org/_CurrentAffairs/index.php?title=mexico_s_ppemex_faces_drying_field_no_fu&more=1&c=1&tb=1&pb=1
Those who do not understand the signs of the time will be punished
15.10.2007: Crude oil price soars over 90 Dollar per Barrel, heading to 100 Dollars [1]
Fossil fuel is getting more expensive. New sources such as Solar energy, Hydrogen, Wind energy and local geothermy will be the global strategy for clean energy of the next decades. The car producer will be punished for not understanding the signs of the time.
The International Climate Protection Proposal may become the follower of the Kyoto-Protocol.
Technology is not the problem. The small own interest of some departments and corporations hinder the unavoidable change to a carbon free energy economy. the will be punished. Those who understand the signs will be copiously rewarded.
[1] Oil soars to new record above $85. UK News 15.10.2007.
http://uk.news.yahoo.com/rtrs/20071015/tbs-uk-markets-oil-9c49c44_4.html
Nabucco is a pipeline project connecting Turkey with Austria via Bulgaria, Romania and Hungary.
Its a clear message to Moscow of the EU's intention to diversify its gas supplies and reduce its dependence on Russian gas. It will act to further political tension in the region as it is a fierce competition to the already existing Russian pipeline to Turkey. The suppliers of Nabucco pipeline are all unstable countries (Azerbaijan, Turkmenistan, Kazakhstan, Egypt crossing Israel and Syria, Irak, Iran and Russia whose dependence is being tried to be reduced). The 3.300 km of Nabucco pipeline cost 5 Bill Euro is heavily being subventionated by the EU
Gasprom countered by talking with at least one Nabucco partner on possible construction of a rival project to deliver gas to the same Central European market by what appears to be a similar route to Nabucco. This demonstrates that the Nabucco pipeline may become another political powder keg for the region. [2]
[1] A new route for energy from the Middle East: The Nabucco gas pipeline project.
http://www.nabucco-pipeline.com/
[2]The Bridge: The Black Sea and European energy security
http://www.bridge-mag.com/magazine/index.php?option=com_content&task=view&id=110&Itemid=39