Energy Literacy Advocates Newsroom
Energy Literacy Advocates (ELA) is a non-partisan, non-profit, public education and advocacy group dedicated to improving the energy literacy of all sectors of our democracy in order to empower a comprehensive national energy policy that is responsible and sustainable. Stay tuned for updated energy news!
Tuesday, December 30, 2008
A View from the Other Side: Energy in the Tehran Times
December 30, 2008 - The Tehran Times, Iran's leading international paper, posted its own synopsis of oil prices, the energy market, and the world's future energy outlook. We have posted excerpts below, and have included a link to the full text of the article, in English.
In response to the negative effects of low oil prices, the article reported, "Moreover, lower oil prices are likely to impede the massive investment needed to meet rising demand by 2030, delay introduction of energy-saving technologies, and make alternative fuels less competitive. The tight credit environment will also make it more difficult for energy firms to obtain the necessary funding for financing the capital-intensive growth in production capacity, especially necessary for expensive and difficult offshore production, exploration and development, and heavy oil, oil sands, or oil shale production."
The article also discusses the growing threat of energy nationalism, the future supply crunch, and the sleeping giants of China and India.
To read the full article, click here.
In response to the negative effects of low oil prices, the article reported, "Moreover, lower oil prices are likely to impede the massive investment needed to meet rising demand by 2030, delay introduction of energy-saving technologies, and make alternative fuels less competitive. The tight credit environment will also make it more difficult for energy firms to obtain the necessary funding for financing the capital-intensive growth in production capacity, especially necessary for expensive and difficult offshore production, exploration and development, and heavy oil, oil sands, or oil shale production."
The article also discusses the growing threat of energy nationalism, the future supply crunch, and the sleeping giants of China and India.
To read the full article, click here.
Labels: energy policy, energy sources, oil price, oil supply/demand, peak oil
posted by Amanda Voss at 8:48 AM
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