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Oil is the bad boyfriend of the international economy: we can’t live with it, and we can’t live without it. We complain about the price of gas—which really is crippling middle-class America—and worry about the threat of oil spills and all the greenhouse gases released by the 30 some billion barrels of oil we burn [...]
It’s the sort of news that would spoil an oil executive’s breakfast. Last night the Guardian reported that a cache of WikiLeaks cables from American diplomats in Saudi Arabia indicated that the Mideast country’s oil reserves could be overstated by as much as 40%. If true, that would have major implications for oil prices because [...]
The story went up on the home page a couple of days ago, but wanted to put it on the blog as well. I wrote about my tour of the first phase of Masdar City, the low-carbon settlement being built on the edge of Abu Dhabi. It’s a long way from being truly sustainable, but [...]
