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"Business calls for urgent action on "oil crunch" threat to UK economy Taskforce warns Britain is unprepared for significant risk to companies and consumers Poorest to be hit hardest by price rises for travel, food, heating and consumer goods New policies must be priority for whoever wins the General Election Recommended packages include legislation, new technologies and behaviour-change incentives Fundamental change in demand patterns triggered by emerging economy countries London, 10 February, 2010: A group of leading business people today call for urgent action to prepare the UK for Peak Oil. The second report of the UK Industry Taskforce on Peak Oil and Energy Security (ITPOES) finds that oil shortages, insecurity of supply and price volatility will destabilise economic, political and social activity potentially by 2015. Peak Oil refers to the point where the highest practicable rate of global oil production has been achieved and from which future levels of production will either plateau, or begin to diminish. This means an end to the era of cheap oil."

"Understanding the carbon balance of a business is a vital first step towards thinking about management decisions that may have some mitigating effect on climate change by reducing GHG emissions. The calculator has been updated with the latest UK National Inventory Report (1990-2006) data published in April 2009. This may change the output from previously entered data. Working through the steps below will help you calculate your carbon balance and understand the results. Step 1 - Get your data together. You will need physical data for crops, stock and energy use. Step 2 - Log-in (on menu bar) to enter your farm details or if you have previously used the calculator select a farm profile that has already been created by clicking on it. Step 3 - Create a calculation for the farm selected. If you have already created calculations for the farm selected you may also modify, copy or use any of these, also by clicking on the description. Step 4 - Enter data in the input screen. For more guidance visit the Help page. Step 5 - When finished obtain your CALM report by clicking "Report" at the top of the screen and choosing the output format you require. Step 6 - Use the mitigation advisory notes, available from the reports section, to assess ways you can improve your carbon balance."

Biofuels production will create an estimated total of 123,000 jobs by 2012, according to a report released last week titled U.S. Economic Impact of Advanced Biofuels Production by Bio Economic Research Associates. The report estimated that advanced biofuels production will create 383,000 jobs by 2016 and 807,000 jobs by 2022.

We've been hearing that renewable energy is a fast-growing sector, and now it's official: The Energy Information Administration's (EIA) latest report found that renewable energy made up the biggest share in the U.S.'s electricity capacity increase in 2007. The huge wind power industry, not surprisingly, accounts for most of this increase. According to the EIA's Electrical Power Annual report:

This story is now repeated annually. And of course it is correct in capacity terms, but fails to recognise the relatively modest energy contribution for all this capacity. If one were to make the comparison in terms of GWh instead of GW, the picture would be totally different. If this goes on for a while, baseload electricity users, today's utilities' best friends, may become a sheer nuisance in the future.

The REN21 Renewables Global Status Report released today shows that the fundamental transition of the world's energy markets continues. Solar heating capacity increased by 15 percent to 145 gigawatts-thermal (GWth), while biodiesel and ethanol production both increased by 34 percent. More renewable energy than conventional power capacity was added in both the European Union and United States for the first time ever.

"Following one of the worst years in economic history, signs of hope have begun to emerge for the clean-tech sector, with clean energy becoming a driving force for global economic recovery from Beijing to Seoul, and Washington D.C. to Brussels. In 2009, combined global revenue for the three major clean-energy sectors - solar photovoltaics (PV), wind power, and biofuels - grew by 11.4 percent over 2008, reaching $139.1 billion. These three sectors are expected to reach $325.9 billion by 2019, according to the Clean Energy Trends 2010 report issued today by Clean Edge Inc., a research and publishing firm devoted to the clean-tech sector. "

If a report released Tuesday by the International Energy Agency is correct, then the $2 billion committed by the Alberta government toward the development of carbon capture and storage is nothing more than a drop in the bucket. The IEA estimates it will cost as much as $10 trillion U.S. between 2010 and 2030 for the world to keep carbon dioxide emissions below 450 parts per million and temperatures from rising more than 3.6 degrees Fahrenheit. While that level of investment might be enough for even the most ardent climate change advocate to throw their hands up and surrender, there's a little bit of good news to be found in the report.

Normally these academics would be fine without our fascination. They weren't looking for glory when they decided to study organisms most people either can't see or wish they hadn't. But when the Deepwater Horizon exploded in April 2010, our collective bias toward cute big creatures started to matter a great deal. That's because the instant the spill-cam was switched off and it became clear that there would be no immediate mass die-offs among dolphins and pelicans, at least not on the scale of theExxon Valdez spill deaths, most of us were pretty much on to the next telegenic disaster. (Chilean miners down a hole-and they've got video diaries? Tell us more!)

The eternal debate n subsidies. This is a report on subsidies part of the government budget (though there are quite a few off-budget subsidies in energy as well). As usual, the report triggered a good old discussion on subsidizing renewables versus fossil, and on level playing fields.