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Wednesday, 24 Jan 2007
Thermal Under Where?Report encourages investment in safe, clean geothermal energyIf the U.S. is going to insist on looking for energy underground, there's a better option than drilling for oil, researchers say: generating steamy geothermal electricity by circulating water down into hot rocks below the earth's surface and back up into power plants. An MIT study commissioned by the U.S. Energy Department says geothermal energy can be accessed affordably, sustainably, and large-scale-ably with an investment of as little as $800 million over 15 years. (Cost comparison: That's about the price of one "clean-coal" plant.) Current U.S. geothermal production is comparable to its solar and wind generation combined -- which we all know ain't much -- but the study estimates that with proper investment, hot rocks could meet some 10 percent of U.S. electricity needs by mid-century. "This is a big resource that is perhaps undervalued by people who are thinking of options for the country," says study leader Jefferson Tester. Maybe 'cause it's not as fun to say as "nucular."
Davos and GoliathThis year, World Economic Forum can't avoid climate changeEvery year, some 2,000 business and political leaders descend on snowy Davos, Switzerland, for an unrivaled meeting of minds and money. As the five-day World Economic Forum kicks off today, attendees will tackle an issue of great concern: how to get Bono's autograph. Also, some of them will address climate change. In a survey, twice as many participants as last year say environmental protection should be a priority for world leaders, and 17 climate-related sessions are planned. "By putting climate change at the top of the [agenda, the WEF] has focused on the key challenge of our time," says Achim Steiner, executive director of the U.N. Environment Program. "The moment to act is now." With honchos from 70 of the world's 100 biggest companies and leaders like Tony Blair and Angela Merkel roaming the hallways, wethinks big things are bound to happen. Right? If you're feeling left out, you can hang with WEF founder Klaus Schwab in the virtual world of Second Life. Just don't forget your skis.The LNG Kiss GoodnightControversial natural-gas terminal in Long Beach, Calif., gets the bootFriends, we are gathered here today to wo0t the death of a planned liquefied-natural-gas terminal in Long Beach, Calif. Citing a city attorney's conclusion that the environmental review of the project "is and in all likelihood will remain legally inadequate," Long Beach officials yesterday unanimously voted to pull the plug. The death of the project, sited in the busiest port in the nation, comes after years of controversy; concerns largely centered around safety in the event of a terrorist attack or earthquake. "This project would have put over 140,000 people who live and work within three miles of that LNG terminal at risk," said Harvey Morris, an attorney for the California Public Utilities Commission. An executive with Mitsubishi-ConocoPhillips, the partnership backing the project, said of the decision, "We're very surprised. ... We assumed things were going through a normal environmental review process." Uh, yes, they were -- and sometimes it actually works.
see also, in Grist: Terminal Killness
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The Neverending Tory, 23 Jan 2007
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Austin Legal, 19 Jan 2007
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