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06/15/2006
Drilling for Oil is Now Profitable
Yesterday the Nido Petroleum company presented to WWF their project to drill for oil in Northwest Palawan, 51 kilometers off the coast of Busuanga. They were in the process of obtaining clearance from the DENR to begin drilling operations and had conducted the necessary consultations with the local government, people’s organizations and needed consultation with an environmental group, WWF, because the project is within the Sulu Suluwesi ecoregion. So they presented their gem of a project, taking pictures of the consultation as proof that it had happened.
10:15 Posted by sr in Biodiversity , Climate Change , Community , Marine , Sulu Sulawesi Ecoregion , Sus Dev , Sustainable Business | Permalink | Comments (0) | Email this | Tags: Nido Petroleum, Palawan, oil exploration
06/12/2006
Coal and China
The IHT front page is an article on coal and China that illustrates the predicament the world is in today. China is the center of global climate change discussions. There is no sustainable world without a sustainable China with over a 5th of the world’s population. Energy generation in China has to keep up with the rapid 10% per annum economic growth and right now one of the solutions is to build a new coal plant every 7 to 10 days. To watch China develop today is like seeing the Industrial Revolution that kicked off the northern world economies over 100 years unfold over a span of 10 years, and unfortunately, replaying the same dangerous phases that, on hindsight, destroyed much of the world environment and contributed wholesale to climate change. Today, China burns more coal than the US, Europe and the rest of the world.
04:13 Posted by sr in Climate Change , Community , Sus Dev , Sustainable Business | Permalink | Comments (0) | Email this | Tags: China, India