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Environment News Headlines – Yahoo! News UK
By Alistair Smout LONDON (Reuters) – Oil prices extended their recent slide on Friday, sending related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut. Brent crude touched a low of $71.12 a barrel after settling at a four-year closing low on Thursday, when Saudi Arabia blocked calls from poorer members of the cartel to cut production to stem a slide in global prices. Oil dominated Asian trade, and was set to remain in focus as U.S. markets reopened after the Thanksgiving holiday. Brent crude came off its lows to trade 0. …
Posted on 28 November 2014 | 9:26 am
By David Stanway BEIJING (Reuters) – Coal use in China, the world's biggest polluter, could peak earlier than previously forecast as slower economic growth cuts power demand and the government clamps down on energy-intensive industries to meet its emissions reduction goals. Organisations such as the government-affiliated Energy Research Institute (ERI) and the U.S.-based Natural Resources Defense Council (NRDC) are predicting coal use will peak before 2020. Previous industry forecasts have ranged from 2022 to 2027. …
Posted on 28 November 2014 | 8:12 am
TOKYO (Reuters) – The number of workers at Japan's Fukushima nuclear plant on false contracts has increased in the last year, the station operator said, highlighting murky labour conditions at the site despite a pledge to improve the work environment. The survey results released by Tokyo Electric Power Co (Tepco) late on Thursday showed that around 30 percent of plant workers polled said that they were paid by a different company from the contractor that normally directs them at the worksite, which is illegal under Japan's labour laws. …
Posted on 28 November 2014 | 5:57 am
By Alexandra Ulmer and Eyanir Chinea CARACAS (Reuters) – Venezuela will keep campaigning until oil prices rebound to $100 per barrel, president Nicolas Maduro said on Thursday night after OPEC refused to cut output as the cash-strapped South American country had aggressively pushed for. Saudi Arabia blocked calls from poorer members of the OPEC oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude plunging to a fresh four-year low of around $71.25. …
Posted on 28 November 2014 | 12:15 am
By Nia Williams (Reuters) – Brent crude oil plunged as much as $6.50 a barrel on Thursday, and U.S. crude fell by nearly as much, posting the steepest one-day falls since 2011, after OPEC decided against cutting output despite a huge oversupply in world markets. Asked whether the oil producer group had decided not to reduce production, Saudi Arabian Oil Minister Ali al-Naimi told reporters: "That is right." Oil prices have fallen by more than a third since June as increasing production in North America from shale oil has overwhelmed demand at a time of sluggish global economic growth. …
Posted on 27 November 2014 | 7:54 pm
MOSCOW (Reuters) – Russia’s most powerful oil official Igor Sechin said that oil prices could fall below $60 by mid-way through next year, speaking the same day OPEC met in Vienna and left its output targets unchanged. Sechin, chief executive of Rosneft, Russia’s largest oil producer, in an interview with an Austrian newspaper also said U.S. oil production would fall after 2025. On Thursday, OPEC decided against production cuts to halt a slide in global oil prices, sending benchmark Brent crude plunging to a fresh four-year low below $73 a barrel. Russia is not a member of OPEC. …
Posted on 27 November 2014 | 7:53 pm
CARACAS (Reuters) – Venezuela will maintain contact with non-OPEC countries to seek a “fair” global oil price, Foreign Minister Rafael Ramirez said on Thursday, despite OPEC’s refusal to cut output as the cash-strapped South American country had aggressively pushed for. Saudi Arabia blocked calls from poorer members of the OPEC oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude plunging to a fresh four-year low. …
Posted on 27 November 2014 | 7:28 pm
By Alex Lawler, David Sheppard and Rania El Gamal VIENNA (Reuters) – Saudi Arabia blocked calls on Thursday from poorer members of the OPEC oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude plunging to a fresh four-year low. Brent oil fell more than $6 to $71.25 a barrel after OPEC ministers meeting in Vienna left the group's output ceiling unchanged despite huge global oversupply, marking a major shift away from its long-standing policy of defending prices. …
Posted on 27 November 2014 | 6:53 pm
By Marc Jones LONDON (Reuters) – Oil hit four-year lows around $70 (44.54 pounds) a barrel on Thursday and commodity currencies were sent tumbling, as OPEC resisted the temptation to cut back production following the more than 30 percent plunge in prices since June. Asked whether the oil producer group, which provides around a third of world supply, had decided not to reduce production, Saudi Arabian Oil Minister Ali al-Naimi told reporters: "That is right." The meeting had lasted over five hours and as the decision emerged both Brent and U.S. …
Posted on 27 November 2014 | 4:49 pm
MOSCOW (Reuters) – Russia’s top oil producer Rosneft said on Thursday that a decision by OPEC to leave its output unchanged despite flagging oil prices would not affect the work of the company. “The situation on the market does not need sudden measures, nothing extraordinary is happening,” Rosneft said in a statement. “Rosneft has a sufficient safety margin, given the fact that (our) net production cost is the lowest in the world — just above 4 dollars/barrel. …
Posted on 27 November 2014 | 4:19 pm
Green News – Environment and climate change news
Earth news from Telegraph Earth – your source for environment and green news and environment and green issues, with information on farming, climate change, global warming, pollution, green living and recycling, and all other environment issues.
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Earth & Climate News — ScienceDaily
A study of ancient marine algae has found that climate change affected their growth and skeleton structure, which has potential significance for today’s equivalent microscopic organisms that play an important role in the world’s oceans. Coccolithophores, a type of marine algae, are prolific in the ocean today and have been for millions of years. These single-celled plankton produce calcite skeletons that are preserved in seafloor sediments after death. Although coccolithophores are microscopic, their abundance makes them key contributors to marine ecosystems and the global carbon cycle.
Posted on 27 November 2014 | 1:23 pm
The use of renewable energy in the United States could take a significant leap forward with improved storage technologies or more efforts to ‘match’ different forms of alternative energy systems that provide an overall more steady flow of electricity, researchers say in a new report.
Posted on 26 November 2014 | 7:42 pm
Shifts in the timing and duration of ice cover, especially the possible lengthening of ice-free periods, may impact polar bears under projected warming before the end of the 21st century, experts say.
Posted on 26 November 2014 | 7:42 pm
An invisible shield has been discovered some 7,200 miles above Earth that blocks so-called ‘killer electrons,’ which whip around the planet at near-light speed and have been known to threaten astronauts, fry satellites and degrade space systems during intense solar storms.
Posted on 26 November 2014 | 6:38 pm
Engineers have invented a material designed to help cool buildings. The material reflects incoming sunlight, and it sends heat from inside the structure directly into space as infrared radiation.
Posted on 26 November 2014 | 6:38 pm
A new study has pulled together research into the most diverse place on earth to demonstrate how the organisms below-ground could hold the key to understanding how the worlds ecosystems function and how they are responding to climate change.
Posted on 26 November 2014 | 6:27 pm
El Nino is not a contemporary phenomenon; it’s long been the Earth’s dominant source of year-to-year climate fluctuation. But as the climate warms and the feedbacks that drive the cycle change, researchers want to know how El Nino will respond.
Posted on 26 November 2014 | 6:26 pm
The ocean is a complex ecosystem. The ocean carbon cycle is governed by the relationship among carbon, nutrients and oxygen, and the ratio between certain elements is key to understanding ocean respiration.
Posted on 26 November 2014 | 5:44 pm
Thanks to the more than 11,200 sightings of cetaceans over the course of ten years, Spanish and Portuguese researchers have been able to identify, in detail, the presence of orcas in the Gulf of Cadiz, the Strait of Gibraltar and the Alboran Sea. According to the models that have been generated, the occurrence of these cetaceans is linked to the distribution of their main prey (red tuna) and their presence in Spanish, Portuguese and Moroccan waters is thus more limited than previously thought.
Posted on 26 November 2014 | 4:11 pm
A study reveals how little we know about the Amazonian diversity. Aiming to resolve a scientific debate about the validity of two species of freshwater shrimp described in the first half of the last century, researchers have found that not only this species is valid, but also discovered the existence of a third unknown species. The researchers concluded that these species evolved about 10 million years ago.
Posted on 26 November 2014 | 3:39 pm