Coal prices triple as supply crisis deepens
Coal prices are predicted to hit $300 per tonne this week, a threefold rise that eclipses even the most bullish forecasts made just a few days ago. (more…)...
Coal prices could double again
All of a sudden coal, so long the Cinderella of fossil fuels, is not just in demand but in desperately short supply. (more…)...
Triple digit oil price regardless of peak
The real value of oil is “way, way, way above $80” according to a leading analyst. (more…)...
Supergrid could provide 30% of Europe’s electricity
A high voltage electricity grid connecting countries from the North Sea to the Bay of Biscay could provide almost a third of Europe's power by 2030, according to the company behind the idea. (more…)...
The great coal hole
First published in New Scientist, 17 January 2008
There used to be a joke about taking coal to Newcastle but these days the laughing stock is getting the stuff out. (more…)...
See no peak: letter to the Financial Times
Just as the Financial Times’ news coverage of oil was beginning to improve (“Oil watchdog reworks reserves forecasts”, 27.12.07), Lex goes and spoils it with a truly shoddy analysis: “Peak no evil” (03.01.08) rehearsed all the old myths that have been comprehensively debunked in recent years. (more…)...
IEA to blame for $100 oil spike – Groppe
When the oil price soared to over $99 per barrel earlier this year, the cause was not surging demand, nor speculation, nor even impending peak oil, but a forecasting error by the International Energy Agency. (more…)...