News update

A collection of Peak Oil related news from around the world

1. India’ coal bubble

Justin Guay, Associate Director of Sierra Club International Climate Program, writes about India’s coal pipedream in a Huffington Post blog post

A few short years ago the assumption that coal demand was essentially endless in China and India was seen as irrefutable. Now this ‘coal consensus’ is breaking as analysts predict a rapidly approaching peak in Chinese coal demand. But while the end of the Chinese coal bubble has generated headlines the situation in India has flown entirely under the radar. Now the Indian coal bubble may have popped and no one seems to realize they’re standing in the rubble. Read more

2. The Fossil Fuels War

John Bellamy Foster writes about the rise of “unconventional fossil fuels” and the emerging conflict between those who want to burn more fossil fuels and those who want to burn less. An article from the Monthly Review. Read more