{"id":173764,"date":"2010-01-13T08:29:44","date_gmt":"2010-01-13T13:29:44","guid":{"rendered":"http:\/\/blogs.wsj.com\/environmentalcapital\/2010\/01\/13\/green-ink-oil-slumps-and-t-boone-punts\/"},"modified":"2010-01-13T08:29:44","modified_gmt":"2010-01-13T13:29:44","slug":"green-ink-oil-slumps-and-t-boone-punts","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/173764","title":{"rendered":"Green Ink: Oil Slumps and T. Boone Punts"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/s.wsj.net\/public\/resources\/images\/it_welcome-mat-paper10042004145302.gif\" alt=\"paper\" \/ align=\"left\"\/>Crude oil futures fell below $80 a barrel after Chinese banking rules raise fears the country might slam the brakes on growth. \u0093The Chinese decision doesn\u0092t affect physical oil demand, but it does affect sentiment, and that\u0092s the most important thing for driving prices,\u0094 an analyst <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601207&#038;sid=ac7CTTYnVAT4\">tells Bloomberg.<\/a><\/p>\n<p>In Washington, the fate of energy and climate legislation hangs in the balance. The question: Is it wiser to try to pass stand-alone energy legislation, without all the controversial climate-change bits, or push for the whole enchilada? In <a href=\"http:\/\/www.politico.com\/news\/stories\/0110\/31416.html\">Politico<\/a> and <a href=\"http:\/\/www.nytimes.com\/gwire\/2010\/01\/12\/12greenwire-energy-only-option-tests-senates-climate-bill-b-4157.html\">Green Wire<\/a>.<\/p>\n<p>The <a href=\"http:\/\/www.nytimes.com\/gwire\/2010\/01\/12\/12greenwire-us-chamber-urges-obama-congress-to-rethink-cli-41450.html\">U.S. Chamber of Commerce\u0092s<\/a> position is clear: Climate legislation now would strangle U.S. businesses still struggling with the recession, also in Green Wire. NASA\u0092s <a href=\"http:\/\/www.guardian.co.uk\/environment\/2010\/jan\/12\/james-hansen-carbon-emissions\">James Hansen<\/a> also hates cap-and-trade, and plans more acts of civil disobedience, in The Guardian.<\/p>\n<p>So what about <a href=\"http:\/\/www.guardian.co.uk\/environment\/2010\/jan\/12\/geo-engineering-summit\">geo-engineering<\/a>? Scientists will convene a conference this March to study emergency options for checking temperature increases, also in The Guardian.<\/p>\n<p>More fallout post-Copenhagen: China\u0092s Janus-faced approach to international affairs reveals a \u0093dragon in sheep\u0092s clothing,\u0094 says a <a href=\"http:\/\/www.nytimes.com\/2010\/01\/14\/opinion\/14iht-edchellaney.html\">NYT op-ed<\/a>: \u0093As Copenhagen revealed, China is not the self-touted rising superpower but a scheming power that uses poor states as a front to obstruct progress through procedural wrangling.\u0094<\/p>\n<p>Either way, China and other developing countries will meet later this month to detail their voluntary <a href=\"http:\/\/www.reuters.com\/article\/idUSTRE60C21420100113\">actions on climate change<\/a>, part of the follow-up to the much-attacked Copenhagen Accord, in Reuters.<\/p>\n<p>The NYT\u0092s Room for Debate looks at <a href=\"http:\/\/roomfordebate.blogs.nytimes.com\/2010\/01\/12\/green-civil-war-projects-vs-preservation\/\">\u0093green civil war,\u0094<\/a> or the battle between preservation and the development of new clean-energy sources.<\/p>\n<p><a href=\"http:\/\/www.dallasnews.com\/sharedcontent\/dws\/bus\/stories\/DN-wind_13bus.ART.State.Edition1.3d00505.html\">T. Boone Pickens gets colder feet<\/a>: The oilman-cum-wind maven halves his wind-turbine order and now says plans for a big Texas wind farm are shelved, in the Dallas Morning News.<\/p>\n<p>From the Detroit Auto Show, General Motors has a recipe for success: <a href=\"http:\/\/online.wsj.com\/article\/SB126334663717427135.html?mod=WSJ_hps_LEFTWhatsNews\">Build more trucks<\/a>. China\u0092s <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704586504574654373408569960.html?mod=WSJ_Tech_LEFTTopNews\">BYD<\/a> has electric cars, but isn\u0092t sure yet how to attack the U.S. market. And more video on <a href=\"http:\/\/online.wsj.com\/video\/auto-show-teslas-allelectric-roadster-sport\/F328EC0B-C187-45B0-A25A-8C1A8A000B39.html\">Tesla\u0092s electric roadster<\/a>, all in the WSJ.<\/p>\n<p>Finally, Venezuela may be oil-rich, but it\u0092s energy-poor. The country will start five months of <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601207&#038;sid=aaA5X4B0oTyU\">rolling blackouts<\/a> to deal with electricity shortages, in Bloomberg.<\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/KhaaIDO7pvJ3Tcbhikr8mGTZj4o\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/KhaaIDO7pvJ3Tcbhikr8mGTZj4o\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/KhaaIDO7pvJ3Tcbhikr8mGTZj4o\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/KhaaIDO7pvJ3Tcbhikr8mGTZj4o\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/environmentalcapital\/feed?a=zEsb3waFC-4:0UKhJAkmnz8:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/environmentalcapital\/feed?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/environmentalcapital\/feed?a=zEsb3waFC-4:0UKhJAkmnz8:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/environmentalcapital\/feed?i=zEsb3waFC-4:0UKhJAkmnz8:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/environmentalcapital\/feed?a=zEsb3waFC-4:0UKhJAkmnz8:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/environmentalcapital\/feed?i=zEsb3waFC-4:0UKhJAkmnz8:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/environmentalcapital\/feed?a=zEsb3waFC-4:0UKhJAkmnz8:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/environmentalcapital\/feed?i=zEsb3waFC-4:0UKhJAkmnz8:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/environmentalcapital\/feed?a=zEsb3waFC-4:0UKhJAkmnz8:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/environmentalcapital\/feed?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/wsj\/environmentalcapital\/feed\/~4\/zEsb3waFC-4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil futures fell below $80 a barrel after Chinese banking rules raise fears the country might slam the brakes on growth. \u0093The Chinese decision doesn\u0092t affect physical oil demand, but it does affect sentiment, and that\u0092s the most important thing for driving prices,\u0094 an analyst tells Bloomberg. In Washington, the fate of energy and [&hellip;]<\/p>\n","protected":false},"author":761,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-173764","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/173764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/761"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=173764"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/173764\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=173764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=173764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=173764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}