DOE reports show oil reaching $83-87 barrel soon, Brazil implements plans that will ensure that they beat their carbon reduction targets, and Verizon Business and National Grid team up to development energy management solutions.
The Department of Energy expects crude oil prices to rise to $83 a barrel and can reach up to $87 per barrel by 2011. It is predicted that world oil consumption will grow to two million barrels a day and natural gas consumption will increase to 4.3 percent due to a higher demand from industrial sectors. According to the International Energy Association, the Chinese energy demand alone will soon equal two thirds of the developed world by 2035. China will account for 36 percent of the global increase in primary energy by that year and India will be the second largest contributor to higher energy demands.
Brazil’s President Luiz Ignacio Lula da Silva announced at a meeting that his nation is set to meet its carbon dioxide emission reduction targets four years earlier than intended. Brazil has developed its Second National Communication to the UN Framework Convention on Climate Change. President Lula
says that his administration plans to lay out strict guidelines to reduce emissions from five industry sectors. In addition, he signed a bill that establishes a National Fund on Climate Change, the first such organization that will use profits from an oil supply to finance climate change.
Verizon Business will design and implement new energy management solutions for National Grid, an energy company which serves Great Britain and Northeastern United States. The Verizon and National Grid teams will develop improved communications capabilities for international electricity and gas
company. National Grid currently advocates sustainable energy initiatives for its consumers and wants Verizon Business to use smart technology to alter its business model. National Grid delivers its power to 11 million homes and businesses in Britain and 3.3 million in the United States. The company owns
over 4,000 MW of contracted electricity generation and is the largest distributer of natural gas in the northeastern U.S.
Autogas for America expressed anger over the exclusion of propane autogas in the Senate bills for national energy policy. The bills’ current content does not mention propane; instead, the legislations focus on electric and natural gas vehicles. The Senate bills in question are S.381 and S. 3495. One of
the more outspoken opponents, ROUSH CleanTech, has already held a press conference regarding the company’s disappointment with Washington. “In a few short months, Autogas for America has grown to over 90 stakeholders, including ROUSH,” says Autogas for America Chairman Stuart Weidie. “It’s fitting that one of our key supporters is standing up, loudly saying that now is the time for our legislators to accept Autogas as a viable alternative fuel, and that our industry doesn’t accept Washington politicians picking favorites.” ROUSH CEO claims that propane is equally clean as natural gas and does not contain harmful methane emissions. He encourages the government to include all alternative fuels in any new legislation, especially propane Autogas, which costs 30 percent less than gasoline.
Veteran’s Day is a time to honor all those who served in the armed forces; Gateway Energy Services Corporation celebrates our military personnel and their families everyday with their Military Discount Program. The program helps veterans’ families reduce energy costs by giving a five percent discount
for their monthly natural gas and electricity. The Discount Program began one year ago and has served veterans that have served time from Vietnam to Operation Iraqi Freedom. In its first year, the company has served almost 10,000 customers through its Military Discount Program.
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