Fossil Fuels
Oil price hits two and a half year highGuardian Unlimited | 04 Apr 2011Libyan unrest and Opec chair Iran's refusal to sanction production increases pushes US crude to $108.74. The oil price has hit its highest level since the financial crisis, amid continuing supply fears over the conflict in Libya and renewed optimism about global economic growth. The cost of a barrel of Brent crude, sourced from the North Sea, hit $119.95 on Monday, its highest level since August 2008.US crude rose to $108.74 on Monday morning, its highest level since September 2008.
Economy | Energy Consumption | Fossil Fuels Mining is hotter than oilGuardian Unlimited | 03 Feb 2011Thought Shell's cash flows were impressive? Wait until you see what the miners are doing. The price of copper touched $10,000 a tonne today. The cost of production for the likes of BHP Billiton and Rio Tinto is about $2,500. Similarly, some iron ore can be dug up at a cost of $20 a tonne in Australia. Freight costs are about $10 to China, where customers pay $160. Right now, mining is even hotter than oil.
Energy | Energy Production | Fossil Fuels | Mining and Environment Greenpeace Takes Government to High Court to Halt Deep Water Oil DrillingGreenpeace UK | 12 Nov 2010Greenpeace today dragged the Government into the High Court in London in a bid to stop offshore drilling in the wake of the Deepwater Horizon disaster. Lawyers acting for the environmental group filed a claim at the Royal Courts of Justice this morning seeking a halt to the issuing of new licences for deep sea drilling until the causes of the Deepwater Horizon explosion have been properly established. A hearing is expected in the coming weeks.
England | Disasters | Environmental Awareness | Education E.ON shelves Kingsnorth plansGuardian Unlimited | 20 Oct 2010Environmentalists claimed a victory over E.ON today when the German energy company confirmed it was shelving plans to build its Kingsnorth coal plant after years of protests. The company said it was pulling the project out of the government's competition to build the first of four planned large pilot plants to demonstrate technology for capturing and storing some of the carbon that would usually be emitted into the atmosphere.
United Kingdom | Environmental Awareness | Education | and Public Participation