Net additional production capacity by 2020 could be 17.6 mbd, yielding a world oil production capacity of 110.6 mbd by that date – This would represent the most significant increase in any decade since the 1980s.
Archive for Category: "Global Warming & Environment"
June 27, 2012 05:25
EPA’s new CAFÉ mileage standards kill
Strengthening CAFÉ standards by 53.5 percent by 2025 likely will yield deadlier cars. Airbags will do only so much while surrounded by materials that recall aluminum or vinyl siding. “CAFÉ kills, and higher CAFÉ standards kill even more.”
June 26, 2012 09:52
Sustainable Development: The latest UN scare
Advancing “social equity” and “environmental justice,” in ways that Rio+20 sought to do, would actually have meant perpetuating poverty for developing countries, and reducing living standards in wealthier countries. The goal, as in all previous incarnations of Rio+20, was to ensure more equal sharing of increasing scarcity – except for ruling elites.
June 26, 2012 07:10
Obama’s “green” jobs cost $6.7 million per job
DOE has guaranteed $34.7 billion in loans … Some 2,378 permanent jobs were claimed to be created under the program. This works out to a potential cost per job of $6.7 million. – U.S. News
June 26, 2012 06:16
More green insanity – taxpayer funded solar plant to cook birds, blind drivers, flip planes
The company is getting a billion and a half dollars and has ties to Obama and Biden. They used to call this bribery. When it’s billions of dollars I guess it’s O.K. Over $16 billion has been blown on “green” companies with ties to Obama campaign donors.
June 25, 2012 06:15
The Long and Costly War on Carbon
Australia’s crippling carbon tax is but the latest symptom of the costly Climate Madness infecting the well-fed elite of the western world.
June 25, 2012 05:42
Environmental Floundering
“The Future We Want” Rio+20 Earth Summit should have been named “The Future We Dread” since freedom loving Americans and free market supporters have been pushing back against the destructive march of controlling environmentalists against private property, prosperity, economic development, and sovereignty.
June 25, 2012 04:46
Killing Coal and Raising Electric Rates in America
Obama’s hostility to coal is depriving Americans of a cheap, abundant source of energy and, last week, Democrats with the aid of some Republican Senators, just drove the price of electricity to new heights.
June 22, 2012 04:51
Obama’s tyrannical EPA’s insane biofuel mandate
The EPA fines oil companies for not using nonexistent product. In typical Orwellian fashion the Obama administration requires oil refiners to use cellulose biofuel that does not exist and them fines them for not using it. This is a classic example of Obama’s war on energy and radical ideology.
June 21, 2012 09:13
New scare tactics: Sustainable development and biodiversity “easier sell” than climate change
“Rio+20” is trying to shift attention to “biodiversity” and alleged threats to plant and animal species, as the new “greatest threat” facing Planet Earth. This rebranding is “by design,” according to conference organizers, who say sustainable development and biodiversity is an “easier sell” these days than climate change: a simpler path to advance the same radical goals.
