Are Rising Oil Prices a Blessing in Disguise?
| Population boom will pressure forests: reports Booming demand for food, fuel and wood as the world’s population surges from six to nine billion will put unprecedented and unsustainable demand on the world’s remaining forests, two new reports said on Monday. |
| Setting precedent, Exelon plans a huge cut in its emissions. Exelon, the electric company based in Chicago, will promise to cut greenhouse gas emissions by 2020 by an amount larger than its total emissions in 2008. |
| US Court Slaps Down Pollution Law A US appeals court struck down landmark air-pollution regulations on Friday, shocking both environmental and industry groups with a decision that could severely hamper efforts to curb smog and acid rain. |
| Corn soars to record high, set to climb further; Ethanol Producers Halt Operations Strong demand for corn from U.S. biofuel producers has contributed to supply tightness in the corn market. The U.S. Department of Agriculture has forecast about a third of this year’s crop will be consumed by the biofuel sector. |
| Are Rising Oil Prices a Blessing in Disguise? With oil prices crossing the $135-dollar barrier the alternative energy company executives are really rubbing their hands in anticipation. In just May the oil prices have risen 20% and consequently the stock markets are panicking big time. Rising raw material costs, if not tackled in time, is definitely going to trigger an economic slowdown. [.] |