Thursday’s Environment

October 23, 2008

· Green Inc. notes that the Indian coal minister visited the US Appalachian region last week in pursuit of striking a deal to import American coal to India.  Of course, given the global natural of greenhouse gas emissions, if we are able to cut back on our own coal production, only to then increase our export of coal to other nations, we will be accomplishing less than nothing.

· Energy Outlook wonders if the slowing of global oil production resulting from the credit crunch and the tendency of governments like Iran and Venezuela to invest oil revenues in social subsidies instead of production, could result in “an even bigger oil price spike within a few years.”

· Red Green and Blue reports that Australia is about to develop one of the world’s largest electric recharging systems.  “The $676 million project could see the establishment of as many as two million recharging points, as well as more than 500 battery swap stations, where drivers can exchange depleted batteries without the need to wait for a recharge.”

· The Daily Green warns that China, which has already surpassed the US in greenhouse gas emissions, “continues under a business-as-usual trajectory, without seriously cutting back on its carbon emissions, then its greenhouse gas output could double — or more — by 2030.” 

· AutoBlogGreen reports that GM took one step closer to producing the Chevy Volt when it announced a subsidiary of the South Korean company LG would be producing that cars batteries.  (Of course, it is the battery that will ultimately make or break the electric car.)

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