Ann Arbor (Informed Comment) – Dan Murphy at CNBC reports that the giant Saudi Aramco oil company posted an unprecedented profit of $161 billion for 2022. The company’s CEO, Amin Nasser, commented that this was probably the biggest profit ever made in the course of one year by any private company. Murphy reports that Nasser […]
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Energy
Iran discovered to have 10% of World’s Lithium Deposits, in Good News for China’s EV Industry
Ann Arbor (Informed Comment) – The Indian Express reports from Iran’s PressTV that the country has discovered a deposit of 8.5 million tons of lithium in the Qahavand Plain of western Hamedan province. There are only 89 million tons of lithium in the world in known deposits so far, with the bulk of them in […]
How to beat the Fracking Frenzy–Lessons from the Campaign that ended it in Ireland
The successful Irish anti-fracking struggle offers key insights on community power building for anti-extraction movements all over the world. Jamie Gorman
Solar power battery installations increase exponentially in Germany
( Clean Energy Wire ) – The number of household solar power storage installations has grown exponentially over the past four years, with a year-on-year growth of 52 percent in 2022, Germany’s Solar Power Association BSW Solar has said. “Half of private home owners say they would consider storing their homemade solar power,” a survey […]
Humanity put out more C02 than Ever Before last Year, but Green Energy Kept the Annual Increase Small
Ann Arbor (Informed Comment) – This is a bad news, good news story. Cathy Bussewitz at the Associated Press reports that carbon dioxide emissions reached an all-time high in 2022, of 36.8 gigatons. That is more CO2 spewed into the atmosphere by humanity in just one year than ever before. CO2 emissions were up nearly […]
How a Nuclear Power Plant Became a Tool of War: Nuclear Armageddon Games in Ukraine
By Joshua Frank | – ( Tomdispatch.com) – In 1946, Albert Einstein shot off a telegram to several hundred American leaders and politicians warning that the “unleashed power of the atom has changed everything save our modes of thinking and we thus drift toward unparalleled catastrophe.” Einstein’s forecast remains prescient. Nuclear calamity still knocks. Even […]
Top 6 Exciting Wind Power Developments in US, as investment in Offshore Wind Triples and Wind Generates 10% of US Electricity
Ann Arbor (Informed Comment) – Renewable energy continues to burgeon rapidly in the United States. Here are some of the signs of a major transformation that may not always be apparent on the surface: 1. The US tripled that amount of money invested in offshore wind in 2022 to $9.8 billion, according to Kassia Micek […]
Chancellor Scholz on Ukraine: Putin Tried to Blackmail Germany with Fossil Gas, but only Accelerated Energy Diversification
By Benjamin Wehrmann | – ( Clean Energy Wire ) – Russia’s attempt to blackmail Germany and the rest of Europe into giving up its support of Ukraine by cutting energy supplies has failed, chancellor Olaf Scholz has said on the anniversary of Russia’s invasion attempt of its western neighbour. “Those who look at the […]
China Dominates Solar and Wind Energy: Can the U.S. and Europe Finally Catch Up?
By Michael Jacobs, University of Sheffield | – Climate change policy has entered a new era. The growing row between the United States and the European Union over the impacts of the new American green subsidy regime makes that all too clear. Yet in many ways, this story is ultimately about China. For the last […]