Tag Archives: energy-security

Costs of natural disasters in China surge to $69 billion

Reuters: Natural disasters including droughts, floods and earthquakes cost China 421 billion yuan ($69 bln) in 2013, official data showed on Monday, nearly double the total in the previous year. China has always been prone to natural disasters but a changing climate is causing more extreme weather, which hits food production, threatens scarce water resources and damages energy security, according to the government. Data released by the National Statistics Bureau showed flooding and mudslides cost China… Continue reading

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George Osborne unveils ‘most generous tax breaks in world’ for fracking

Guardian: George Osborne has infuriated environmentalists by announcing big tax breaks for the fracking industry in a bid to kickstart a shale gas revolution that could enhance Britain’s energy security but also increase its carbon emissions. The Treasury has set a 30% tax rate for onshore shale gas production Continue reading

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Natural Gas Our New Savior? Not So Fast . .

Climate Central: Remember how ethanol was going to save us? It was the perfect solution to not one, but two different problems Continue reading

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U.S. Awash in Oil and Lies, Report Charges

Inter Press Service: With four times as many oil rigs pumping domestic oil today than eight years ago and declining domestic demand, the United States is awash in oil. In fact, the U.S. Continue reading

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