So you think that $50 tank of gas is bad…wait until you then drive to the store to find everything in it costing 20% more! Unfortunately we have built our society around the idea of cheap and plentiful oil, and it looks like that era is coming to an end. In the span [...]
So says an analyst at Goldman Sachs who is known to be right about such things. Arjun N. Murti “argues that the world’s seemingly unquenchable thirst for oil means prices will keep rising from here and stay above $100 into 2011.” However, Mr. Murti, like myself, thinks this is a good thing as it [...]
EarthTalk is a new weekly installment from E/The Environmental Magazine.
Dear EarthTalk: As I understand it, coal that is used to fuel power plants and other industrial activity is a key culprit in pollution and climate change. So what is “clean coal” and is it really? — Matthew Oliver, Minneapolis, MN
The term “clean coal” describes [...]
