Global Climate Battle Plays Out In World Bank

Of course, South Africa shouldn’t be building a huge new coal-fired power plant, should it? Environmental groups are right to protest at World Bank funding for such a construction. Nonetheless, we might raise our eyebrows at news that the US and UK governments...

Eskom's 'Sweetheart Deals'

Arguments around power shortages in South Africa have been raging for some time (with the mining industry grumbling over power outages). At the same time South Africa is Africa’s heaviest polluter due to its dependence on coal-fired electricity. However this...

Challenging Conventional Wisdom on Renewable Energy's Limits

In making the case for a rapid conversion away from heavily polluting energy sources like coal and nuclear power to cleaner generation, renewable energy advocates often confront the argument that their scheme is impossible due to the intermittent nature of sun and...

How to Profit From the “Fertilizer Wars”

There’s nothing like scarcity and supply disruptions to fuel violent price spikes. And there’s nothing like the basic human needs for food and water to light that fuse. Today’s world food supplies run on razor-thin inventories. While the food riots...

Xstrata gains ground as FTSE 100 jumps to 18 month high

Mining and financial shares led the way as the FTSE 100 surged to an 18 month high, helped by a return of investors’ appetite for risk, hopes for a solution to Greece’s debt problems and better than expected US jobless figures. In particular Xstrata added...