On Wednesday the International Energy Agency will release the 2011 edition of the World Energy Outlook. Some energy investment figures from the new IEA report have already been made available though – including a proposed 10 trillion dollar investment in … Continue reading
According to a release by Latin American Energy Organisation OLADE last Thursday Venezuela has toppled Saudi Arabia as the country with the largest proven oil reserves. New discoveries have raised the proven reserves of Venezuela from 98 billion barrels of … Continue reading
In order to limit global warming to an average of no more than 2 degrees Celsius, the official UN climate target, the equivalent of 2230 gigatonnes CO2 of proven fossil fuel reserves should remain in the ground, a report published … Continue reading
According to ‘The End of Cheap Coal’ in last weeks edition of Nature, outdated reserve estimates and economic forces will lead to a peak in coal production within two decades. Ambitious geopolitics are still left out of that equation, which … Continue reading
An update by the US Geological Survey of the estimated fossil fuel reserves in Alaska’s 23-million-acre National Petroleum Reserve, situated on the wildlife harbouring North Slope, shows these dramatically reduced.