The Financial Times’s characterization of Argentina’s president as shrill and shabby is a case of a kettle trying to find a pot to call black.
In 2007, substantial oil deposits were discovered in the Jubilee field off the coast of Ghana’s Western Region, and production began in 2010. As a result, Sekondi-Takoradi, the region’s coastal capital, has gained new prominence in a country whose most high-profile urban center has generally been the national capital of Accra. There is already unmanageable congestion at Takoradi Harbor.
We are all trust fund babies living off the wealth of our ancestors. I’m not talking Mommy and Daddy. I’m talking Barney. That cuddly T-Rex and all his dinosaur friends, along with those giant ferns and tiny trilobites, died millions of years ago only to become, very gradually, the energy that fuels our modern life. Until very recently, in geologic time at least, the earth held virtually all of that powerful carbon in a lockbox. “You can’t touch this buried treasure until you come of age,” the earth told humanity.
In 2007, Tullow Oil and partner Kosmos Energy discovered substantial petroleum reserves in the Jubilee field 37 miles off the coast of Ghana. Oil production began in December 2010, attended by rather inflated expectations of sudden wealth for this rapidly developing West African country. As Christiane Badgley says in one of her many authoritative articles on Ghana’s oil industry, nothing seems to capture the public imagination like oil.
After President Ollanta Humala’s state visit to Venezuela Jan 7, and despite some adverse reactions to the visit in Peru, Humala announced that the two countries have “succeeded in turning away from the bilateral politics of the past in which nothing major had been accomplished in diplomatic, commercial and cultural relations.”
On January 1, 2012, Nigeria’s fuel regulator announced that the government was immediately discontinuing its fuel subsidy to help cut government spending, causing an overnight spike in fuel prices from $1.70 to $3.50 per gallon. Such a hike would be outrageous even for Americans. But for a drastically poorer country like Nigeria—where 70 percent of the population of 160 million lives below the poverty line—it was insufferable. Cheap fuel is one of the few benefits Nigerians enjoy as citizens of Africa’s largest (and the world’s 14th-largest) oil producer.
Nigeria is facing a perfect storm of crises including a national strike, widespread protests, and sectarian violence in the north. Although the strikes, attacks, and protests raise the specter of another civil war in Africa’s biggest oil producer, the United States and the international community should avoid aggravating the situation by seeming to encourage a military solution.
Nuclear energy political operatives have been smearing Nuclear Regulatory Commissioner Gregory Jaczko.
More than a decade ago, I sat down with the head of the academy of architecture in Pyongyang. The school was housed in a large, drafty building in the center of North Korea’s capital. Students were building models out of cardboard and wood. A few were in front of state-of-the-art desktops using the computer-aided design software that had become indispensible to modern architects. But there was one element missing from the architecture program. North Korean builders paid virtually no attention to energy efficiency.
Anyone who claims that the fate of the climate talks is bound to the fate of the Occupy movement better expect a bit of skepticism in return. Now, if it were Occupy and the Climate Justice movement, that would be a different story! Both are complex social movements, and both are driving hard for economic justice. Their overlap is inevitable. But the negotiations themselves? What have they to do with economic justice? What have they to do with the great divide between “the 1%” and “the 99%”?