There’s stupid, and then there’s Washington. The U.S. government is ending a three-decade-old policy of subsidizing corn ethanol, dating back to the Carter administration, which in the aftermath of the 1979 Islamic revolution in Iran pushed development of alternative fuels to lessen U.S. dependence on oil from the Middle East. The tax credits are now…
For those worried about the Russian Federation using its energy exports to take over the world, 2011 brought a bit of cheer. According to the Russian Federation’s Central Dispatching Department of the Fuel Energy Complex State Enterprise (SE CDU TEK), the state body that collects information on the Russian energy industry, in 2011 Russian oil…
Has the global economy entered a long period of persistently high, volatile commodity prices? That’s a question asked recently by international consultancy McKinsey & Co., which analyzed a century of data and found that the trend – for at least the next 20 years – doesn’t look good. The previous 100 years told a different…
What does this percentage refer to? 97% That’s the percentage of global production of Rare Earth Elements (REEs) controlled by the People’s Republic of China. But even with a virtual monopoly, sales are sluggish in the REEs business. BEIJING (AP) — China announced a cut Tuesday in its rare earths export quota as it tries…
The New Year may well be the breakthrough year for fuel cells. The astonishing innovation and marketing locomotive of Apple Computers with the i – you name it – product list leading us into new uses for electronic devices, has let slip they will preview a fuel cell idea at this month’s Consumer Electronics Show.…
The American Petroleum Institute launched a nationwide campaign to get more people to vote for candidates in the 2012 election who support energy and economic growth.