When the “Central Bank of Oil” runs dry

derrickThe blog Oil Man has commented on an article published in  the Guardian, that analyses the indiscretions of the famous site in regards to information contained in American diplomatic cables sent between 2007 and 2009. The messages reveal Washington’s concerns about Saudi Arabia’s ability to play its traditional role as the “Central Bank of Oil”, in other words, its ability to balance the price of a barrel of oil by adapting its production. 

The "appalled economists", Alain Grandjean signatory of the Manifesto

Four economists, 22 measures, one manifesto. André Orléan, Philippe Askenazy, Thomas Coutrot and Henri Sterdyniak are the co-authors of the manifesto entitled: “Crisis and debt in Europe: 10 untruths, 22 measures in the debate to get out of dead-lock”. These economists are “appalled” to see that no lesson has been learned from the crisis and that, even faced with the facts, the basis of the policies that led to catastrophes are not questioned. According to them, they directly endanger European solidarity and its project for building a “democratic continent”.

CarbonCamp on the 19th of October 2010 in la Cantine

We invite you to join the first CarbonCamp in Paris on the 19th of October in "La Cantine".More information and subscription on : http://barcamp.org/CarbonCampParis2010

Bjorn Lomborg changes his mind

Bjorn Lomborg is a statistician, a professor at the Copenhagen Business School and the former Director of the Environmental Assessment Institute of Copenhagen. He became famous for his book, the Sceptical Environmentalist (1998, 2001 for the English version) where he defended the following thesis: human activity is not responsible for global warming, which is overestimated.

Military Study Warns of a Potentially Drastic Oil Crisis

Bundeswerh reportA study by a German military think tank, the Future Analysis department of the Bundeswehr Transformation Centre, has analyzed how "peak oil" may change the global economy. For the very first time, an institution such as the Bundeswehr, the German military, uses the term "peak oil" at all, showing how carefully the German government has considered a potential energy crisis.  Files:  der_speigel_article.pdf bundeswehr_study.pdf

Launch of Ellen Mac Arthur Foundation

Ellen Mac ArthurThe Ellen MacArthur Foundation was launched last Thursday (09/02/2010) in London. The famous skipper recalled to the attendees the main steps of her career, how she decided that the see was going to be her job, then the first races that she won, the first sponsor who believed in her and finally the world record for a single handed circumnavigation in 2005.