Most of us believe (or want to believe) that the second carbon era, the Age of Oil, will soon be superseded by the Age of Renewables, just as oil had long since superseded the Age of Coal. But according to Michael Klare, professor of peace and world security studies at Hampshire College, and the author, most recently, of The Race for What’s Left, this is an illusion. In reality, the energy industry is pouring its historic profits into new … [Read more...]
Virunga: The real price of energy
In 2010, the Congolese Government of Kinshasa granted concessions to European companies to exploit oil near the border with Uganda. Exploration is only starting now in a context of civil war. But the area includes one of the world’s most exceptional nature reserves: Virunga National Park. Energy versus wildlife: the same story once again. The EU is financing a cost-benefit analysis to decide on a way ahead, but one conclusion is already clear: … [Read more...]
The new energy world according to the IEA
The International Energy Agency has given us a lot to think about recently. The IEA has produced one major report after the other – on renewables, gas, oil and climate change. How do these outlooks stack up and what do they impy for our energy future? Editor Karel Beckman provides a handy summary – so you won’t have to worry about this anymore over the summer. Or maybe you do… Photo: Audi A3 Sportback g-tron … [Read more...]
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