Search Results for: "China"
Relevance | DateCountries Buying Foreign Minerals–Don’t Sweat The Small Stuff
By Michael Lynch -- February 22, 2009 No CommentsRecently, there has been renewed concerns about efforts by China to acquire mineral assets overseas, taking advantage of recent company devaluations and their own abundant capital reserves. This is not a new concern, having arisen when Chinese companies began to look overseas for investment opportunities, particularly in the oil market, about a decade ago.
And this dates from nineteenth-century nations seeking to monopolize the whaling industry, to the English government establishing British Petroleum in an effort to avoid reliance on those undependable Americans. (Even the US, fearful of ‘running out’ of oil in the 1920s, established the Naval Petroleum Reserve, which proved useless.)
But there is some fire for all the smoke.…
Continue ReadingUN Chiefs see Glimmer of Reality but Remain Wedded to Dangerous Fantasy
By Marlo Lewis -- February 5, 2009 4 CommentsCan there be a Kyoto II without China, India, and the other developing countries getting on board with significant greenhouse-gas emissions reductions? Voices of realism, knowing that consumer and economic factors drive public opinion, doubt it. But there are less realistic voices too.…
Continue ReadingCalifornia’s Path to Regulatory Hari-Kari: For What Climate Effect?
By Chip Knappenberger -- 8 CommentsKen Green’s post on California’s global-warming policy commented on the sad state of California’s economy under the Global Warming Solutions Act of 2006 (Assembly Bill 32, or AB 32) . This raises the question: What is California climatically achieving for its sacrifice?
The answer? Even an immediate and complete cessation of all greenhouse gas emissions from California now and forever would result in no meaningful impact on the future course of climate change.…
Continue ReadingCoal Hard Facts
By Robert Bryce -- February 3, 2009 4 CommentsIt’s easy to bash coal. There’s no romance in the black rocks that provide about half of the electricity in the United States and about 28.6 percent of the world’s total primary energy. And that bashing has become easier still in recent weeks. A few days before Christmas, at a power plant operated by the Tennessee Valley Authority, a huge holding pond failed, spilling coal ash contaminated with a variety of heavy metals including arsenic, lead, barium, chromium and manganese over several hundred acres.[1] On December 29, James Hansen, the high-profile NASA scientist who is closely aligned with former vice president Al Gore on the issue of global warming, sent an open letter to President-elect Barack Obama and his wife, Michelle, in which he called coal-fired power plants “factories of death.”…
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