Archive for February, 2011

“Let’s put some weight behind the cleantech revolution”.

February 14, 2011 Clean Energy, Commentaries, Nuclear

“Jeremy Leggett asks why the cleantech revolution is proving more troublesome than the digital and internet revolutions”. The answer, in this article on Guardian Sustainable Business, is that traditional energy interests are defending the status quo with vigour.

US must help Saudi Arabia turn into “the Saudi Arabia of solar,” WikiLeaks cables say.

February 14, 2011 Clean Energy, Commentaries

Huffington Post: I find it encouraging to see American diplomats thinking like Silicon Valley visionaries when it comes to the role renewable energy industries can have in generating a secure and sane world a couple of short decades from now.

Gas cheaper than renewables for EU carbon targets, say gas firms.

February 13, 2011 Clean Energy, Climate, Gas

Guardian: “Europe could save €900bn (£762bn) and still hit its 2050 carbon reduction targets if it built fewer wind farms and more gas plants, a coalition of gas producers including Gazprom, Centrica and Qatar Petroleum has told the European Commission.” (more…)

“The next crisis: an oil crunch”.

February 10, 2011 Commentaries, Oil

My article on Forbes.com setting out the implications of the oil crunch warning from the UK Industry Taskforce on Peak Oil and Energy Security report published today (see below).

“Peak oil: We are asleep at the wheel”.

February 10, 2011 Commentaries, Oil

“Revelations that the Saudis have overstated their oil reserves are a timely reminder of the huge threat to the global economy”. Jeremy Leggett in the Guardian.

Centrica boss says gas prices will keep going up in Europe.

February 9, 2011 Gas

Sam Laidlaw in the Guardian: “Commodity prices are rising across the globe. Everything, from food to raw materials, appears to be on an inflationary path. Gas is no exception.” (more…)

Wikileaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices.

February 8, 2011 Oil, Top Ten Signposts to Energy Crisis

A US diplomat is convinced by ex Saudi oilman Sadad al-Husseini that (potential) reserves have been overstated by nearly 40%, and that the world’s number one producer is “running to stand still” as a result of operational challenges. “Jeremy Leggett, convenor of the UK Industry Taskforce on Peak Oil and Energy Security, said: “We are asleep at the wheel here: choosing to ignore a threat to the global economy that is quite as bad as the credit crunch, quite possibly worse.”

“Triple whammy”: the arguments become ever more compelling, for those with eyes to see.

February 8, 2011 Climate, Commentaries, Finance, Oil

“The financial crisis? We’re moving on. Oil? BP’s off the front page now. Climate change? Depends on who you listen to. It’s time to read the small print”, argues Jeremy Leggett in Sublime magazine.