New York Times, 26 March 2013
In the wake of Hurricane Sandy, the administration of Gov. Andrew M. Cuomo has started to caution investors that climate change poses a long-term risk to the state’s finances. The warning, which is now appearing in the state’s bond offerings, comes as Mr. Cuomo, a Democrat, continues to urge that public officials come to grips with the frequency of extreme weather and to declare that climate change is a reality.
The Guardian, 25 March 2013
Climate scientists have linked the massive snowstorms and bitter spring weather now being experienced across Britain and large parts of Europe and North America to the dramatic loss of Arctic sea ice. Both the extent and the volume of the sea ice that forms and melts each year in the Arctic Ocean fell to an historic low last autumn, and satellite records published on Monday by the National Snow and Ice Data Centre (NSIDC) in Boulder, Colorado, show the ice extent is close to the minimum recorded for this time of year.
Early Warning, 25 March 2013
I'm a bit slow in getting to this, but there now seems to be a bit of a mystery about Saudi oil production (latest data shown above). In mid 2011 through mid 2012, Saudi production was hovering a little below 10mbd (averaging all data sources). It started to drop a little bit last fall, but then in November and December it took a really sharp dive, and now seems to have stabilized at or a little above 9mbd.
Bloomberg, 25 March 2013
Iraq, the second-largest producer in OPEC, won’t reach its target of pumping 4.5 million barrels of oil a day by next year and plans to announce revised production goals in April, senior government officials said.
The Age, 26 March 2013
Melbourne is frequently cited as the world's most liveable city. Should you live within, say, 20 kilometres of the city's centre, it is not hard to grasp why Victoria's capital wins such an accolade. It is an eclectic metropolis, throbbing with multicultural diversity, with art and sport and music, with parks and architecture and a gastronomic cornucopia. But Melbourne has an insidious problem. Unrelenting, poorly serviced urban sprawl means life in the outer suburbs and on the fringe can be unduly grim. This is not how it was supposed to be or ought to be.
The Economist, 25 March 2013
THE uneasy relationship between America’s corn (maize) farmers and its oil refiners is fraying at the edges. The source of the conflict is the amount of corn-derived ethanol which has to be blended into petrol as an oxygenator, to boost the fuel’s octane rating (while also providing a generous off-budget subsidy for corn-growers). The farmers want the amount of ethanol used in petrol to be increased from 10% to 15% of each gallon sold at the pump. The distillers argue that diluting petrol with that amount of ethanol would damage engines and leave them liable to lawsuits from motorists and manufacturers alike.
Brisbane Times, 26 March 2013
Brisbane City Council will challenge Brisbane Airport Corporation’s 274-metre ‘‘ceiling height’’ over the inner-city, claiming that raising it to 300 metres would mean six extra floors and an extra $624 million in high-rise investment per year. It has written to Infrastructure Minister Anthony Albanese, noting a report that says raising the height to 300 metres could be done without compromising safety.
Sydney Morning Herald, 25 March 2013
Japan's All Nippon Airways will delay retiring four aircraft to help maintain services already hit by the grounding of its entire fleet of troubled 787 Dreamliners, Kyodo News reported on Saturday. International regulators grounded all Boeing Dreamliner jets in January after a battery on a Japan Airlines 787 caught fire and forced an ANA flight to make an emergency landing.
Huffington Post, 22 March 2013
On March 4, David Frum, a former special assistant to President George W. Bush, published an article on CNN.com titled "Peak Oil doomsayers proved wrong" in which he not only claimed there was no danger of a shortage of oil, but also that "our oil problem is that we're producing so much of the stuff that we are changing the planet's climate." Mr. Frum is only the most recent contributor to a growing list of luminaries to declare that we need not worry about any future shortage of crude oil. The only problem with these reassuring proclamations is that the physical evidence does not support them, and does in point of fact, warn of a looming imbalance between supply and demand with troubling implications for the U.S. economy.
New Matilda, 25 March 2013
Barry O'Farrell has announced that thousands of new homes will be built in Sydney. Will the community have a say in which suburbs get bulldozed? Greens MLC David Shoebridge on a new low in NSW planning.