Carbon Based Energy
Has been at the forefront of the rise of the Industrial Revolution, and today is a very hotly debated issue. With Global Warming news articles warning of impending disaster, the question remains can we cut our addiction to carbon based fuels?
Coal, Oil, and Natural Gas provide the bulk of our energy needs today, and moving towards alternative energy solutions seems to be painfully slow.
Yet, it is not just you and I that are addicted to fossil fuels, but our governments’ that has the real addiction. Many will argue with that statement and try to dismiss it, the fact remains that they are addicted to the windfall profits it generates.
Many sources point to the burning of carbon-based fossil fuels as the main cause of rising carbon dioxide levels and there is not doubt that it is a contributing factor.
Yet, there are other factors that are seldom talked about, such as the continued de-forestation occurring around the globe.
Learn More From The Posts & News Below...
Latest News On Coal
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NEW YORK (AP) -- Shares of some top coal companies were mixed at the close of trading: Arch Coal unchanged at $25.99. Consol Energy fell $.11 or .2 percent, to $48.58. Massey Energy rose $2.93 or 5.8 percent, to $53.15. Peabody Energy rose $.92 or 1.9 percent, to $49.73.
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Coal stocks come out on top of solar in a new report from Bloomberg, adding to the negative sentiment surrounding renewable energy stocks.
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Asian demand for met coal sparks further consolidation.
Latest On The Oil Industry News
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Steam-driven projects to extract crude from Canada's oil sands, often held up as more environmentally friendly than mining, have major drawbacks of their own that require more stringent regulation to fix, an environmental think tank said on Wednesday.
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Tens of thousands of people have taken to the streets of Rio de Janeiro to protest against changes in an oil royalties law that would drain the city's coffers.
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As Associated Press calculation shows that Marathon Oil Corp. paid its president and chief executive officer $6.6 million in 2009, 21 percent less than in 2008.
Latest News For Natural Gas
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NEW DELHI: A bonanza in the shape of expanded piped natural gas (PNG) for households and compressed natural gas (CNG) infrastructure for transportation and clean environment awaits lakhs of consumers with the government contemplating empowering the Petroleum and Natural gas Regulatory Board (PNGRB) to issue retail expansion licences to both private and public players.
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MONTREAL - Quebec-based Gaz Metro is eyeing the thousands of transport trucks travelling weekly between Ontario and Quebec and wants them to fill up with natural gas to help increase the fuel distributor's growth.
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NEW DELHI: In a move that could put an end to the acrimony in the natural gas sector and lead to massive country-wide expansion of piped natural gas (PNG) and CNG infrastructure, the Petroleum and Natural Gas Ministry is understood to have decided to notify the “contentious'' Section 16 of the Petroleum and Natural Gas Regulatory Board (PNGRB) Act 2007.
