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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

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Most notably, a rise in Saudi crude-oil output could trigger a damaging period of global oversupply, said Jim Krane, the Wallace S. This glut could be exacerbated by future carbon taxes and other policy restrictions on fossil fuels, he said. Further, in theory, higher oil production also shortens the time horizon to full depletion.

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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

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Alternative technologies, such as hybrid and electric vehicles that use oil more efficiently or not at all, continue to advance but they take time to penetrate markets. Without a bold change of policy direction, the IEA warned at the launch, the world will lock itself into an insecure, inefficient and high-carbon energy system.

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Not So Prolific: US Shale Faces A Reality Check

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The collapse of oil prices has forced the US shale industry to slash production costs. Even if production is to continue to rise, it will require steadily higher crude oil prices. We are producing cheap oil today, leaving costly oil for tomorrow. by James Stafford of Oilprice.com.

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Forecast: Algae-Based Biofuels Production to Reach 61M Gallons per Year by 2020

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Both regions will benefit from rapidly expanding biofuels markets, ample land and water resources, and cheap labor, Pike suggests. Countries with significant dependence on foreign imports of oil will likely show increased interest in algae-based biofuels if oil prices continue to rise over the next decade.

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

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The KPMG study, “Expect the Unexpected: Building Business Value in a Changing World”, explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. Population Growth: The world population is expected to grow to 8.4

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Cleantech Blog Cleantechblog.com, the premier cleantech site for commentary on news and technology relating to clean tech, greentech, energy, climate change and carbon, and the environment. Cleantech Crunched Top 10 Low Carbon Footprint Cars (and one SUV) for. Tree Planting as Carbon Offsets – Does Latitude Ma.

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