Harnessing hydel energy can be an effective way of reducing poverty. China and India have already done that successfully. Now is the time to move on and discuss the best strategy to reduce poverty and help the economy grow at the same time.
Of all the many aspects of the predicament of industrial society, the peak of world petroleum production will likely have the most drastic impact in the short and middle term. Now it’s true, of course, that plenty of other resources are also running sho
World oil demand was weaker than expected in the first half of 2006 because increasingly efficient use of oil is limiting consumption despite economic growth, OPEC has said in a monthly report.
SUB-Saharan Africa’s economy would probably expand 6,3% next year, the fastest pace in more than three decades, boosted by higher output from oil-exporting countries such as Angola, the International Monetary Fund (IMF) says in its World Economic Outloo
Global economic growth is at risk of peaking because of high oil prices and rising protectionist sentiment, warned Rodrigo de Rato, the International Monetary Fund’s managing director, on Tuesday.
Aleklett, a Swedish professor of physics, sees inescapable similarities between the steady depletion of the world’s most coveted energy source and the foraging habits of berry afficionados.
A possibly lucrative oil supply has been discovered in the dead sea, according to The Genco Group. Company officials believe the discovery could supply from 4 to 6 million barrels of oil. The oil was discovered at a depth of 2000 meters, and is estimated
