London (Middle East Monitor) – Israel has reportedly informed the Trump Administration of several conditions it expects to be met if Saudi Arabia is to be sold reactors to develop its nuclear potential, according to Israel’s Channel 10 news. With the deal likely to go ahead, Israeli Energy Minister Yuval Steinitz is believed to have […]
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Energy
Will the Price of Oil Collapse within a Decade, Driven off Cliff by Electric Vehicles?
One of the reasons that Saudi Arabia’s plans for an Initial Public Offering (IPO) on its ARAMCO oil have not actually materialized is that investors are not dummies. Saudi Arabia’s oil is an asset with no future value, and the future in which its price collapses is nearer than the oil companies think. (I would […]
Even Oil Gulf Sovereign Wealth Funds Sign Macron’s Green Investment Pledge
Paris (AFP) – Six sovereign wealth funds including four Gulf states have pledged to boost efforts to fight climate change at a Paris meeting called by Emmanuel Macron, the French presidential office announced Friday. The state funds of Kuwait, Norway, New Zealand, Qatar, Saudi Arabia, and the United Arab Emirates — global finance heavyweights mainly […]
No, Saudi Can’t Save Trump from High Gas Prices
Trump has tweeted that King Salman of Saudi Arabia has promised to increase Saudi oil production by 2 million barrels a day. Trump says he feels this is important because US gasoline prices are “too high.” Trump is aware that high gasoline prices have tracked since the 1970s with public disapproval of the party in […]
Netherlands Proposes going 100% Green by 2050
The Dutch legislation aims to slash greenhouse gas emissions to near zero and mandates that the Netherlands have 100 percent carbon-neutral electricity by 2050 The Hague (AFP) – Dutch MPs unveiled ambitious new climate legislation Wednesday aimed at reducing the country’s greenhouse gas emissions to almost zero by 2050, while introducing an annual review to […]
Trump Admin. Tries to Strong-Arm World into Halting Iranian Oil Imports by Nov. 4
Washington (AFP) – The United States warned Tuesday that countries around the world must stop buying Iranian oil before November 4 or face a renewed round of American economic sanctions. A senior State Department official warned foreign capitals “we’re not granting waivers” and described tightening the noose on Tehran as “one of our top national […]
Pressuring Europe over Trump, Iran will Build New Centrifuges for Enriching Uranium
Tehran (AFP) – Iran said Tuesday it has launched a plan to boost uranium enrichment capacity with new centrifuges, raising the pressure on European diplomats scrambling to rescue the crumbling nuclear deal after Washington pulled out. “If conditions allow, maybe tomorrow night at Natanz, we can announce the opening of the centre for production of […]
“The Light of a Thousand Suns:” India has 5 of World’s largest Solar Farms, Plans Huger
Once upon a time, if it was big and it was a technological advance, I’d expect to hear it was happening in the United States. As Trump flushes the toilet on true American greatness (its intellectual capital, ability to attract talent from around the world, its open-mindedness and freedom for innovation, its commitment to the […]
China’s Green Shift is Positioning it to Overtake US in Energy Technology, Security
The Guardian reports that air pollution in 62 Chinese cities fell by 30% between 2013 and 2016, according to the World Health Organization. Beijing, the capital, fell from a global 4th place ranking on polluted air to 187th. I was in Beijing in March, 2015, for a conference, and did a jaunt out to the […]
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