article thumbnail

Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price.

article thumbnail

Europe Expands Virtual Borders To Thwart Migrants

Cars That Think

By delivering the migrants there, the masters of the Maltese vessels, and perhaps the European rescue authorities involved, may have violated the international law of the sea, which requires ship masters to return people they rescue to a safe port. billion) a year internally on managing migration, not counting national-level spending.

Europe 144
article thumbnail

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. The advantages many companies experienced in the last two decades from “cheap labor” in developing nations are likely to be eroded by the growth and power of the global middle class.

article thumbnail

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Click to enlarge.

Oil 247
article thumbnail

Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

In their commentary, Andreas Goldthau (Royal Holloway University of London), Kirsten Westphal (German Institute for International and Security Affairs (SWP)), Morgan Bazilian (Colorado School of Mines) & Michael Bradshaw (University of Warwick) present four geopolitical scenarios to illustrate how varied the transition could be by 2030.

Carbon 207
article thumbnail

CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

Their goal is to test an innovative electrolyzer concept for the cheap production of green (CO 2 -free) hydrogen for a decarbonized future. New Energy Nexus is a non-profit international organization that supports diverse clean energy entrepreneurs with funds, accelerators and networks. CalSEED is administered by New Energy Nexus.

Clean 371
article thumbnail

Urban transport | Two wheels good | The Economist

Tony Karrer Delicious EVdriven

Green.view New on Economist.com An altered political landscape in South Africa (EIU ViewsWire) Apr 28th 2009 Sri Lankas war is close to an end Apr 27th 2009 Does a new virus from Mexico threaten a global pandemic? Every big carmaker seems to be developing one, and governments are vying with each other to support them.