Ashley Seager

Saharan solar power a step closer

The Desertec Industrial Initiative aims to provide 15% of Europe's electricity by 2050 or earlier using power lines stretching across the desert.

Where has all the oil gone?

The supply and demand gap is growing far faster than originally predicted, which begs the question: where to from here? Ashley Seager reports.

Addicted to oil but slow on maths

Report on crude oil futures blames global governments for ignoring the supply problem, writes Ashley Seager

Rich countries will suffer unless they help poor

Rich countries need to transfer funds to developing countries in order for both groups to reduce their carbon emissions significantly, says the UN.

China escalates Rio spying row

The giant mining firm is accused of espionage costing the country $100bn, writes Ashley Seager.

High on optimism

Traders catch scent of recovery on global manufacturing figures

Official: UK in a recession

The governor of the Bank of England Mervyn King admitted on Tuesday that Britain was entering its first recession since the early 1990s.

Scale of the disorder emerges

Huge estimated losses released by the IMF strengthen calls for urgent policy changes to restore confidence in the financial sector.

Oil price dips after Gustav blows over

US traders returning to their desks from the Labor Day weekend sold oil after earlier falls on Monday, helping to push the price down about 8%.

Solar energy’s future brightens as oil soars

Soaring oil prices have led to such a boom for solar power that the industry could operate without subsidies in just a few years' time, according to i

Adapt or die, warns UN report

The human rights of the world's poorest people will be violated unless developed countries accept the need for drastic and immediate steps to prevent global warming from triggering dangerous climate change, the United Nations warned recently. Calling for urgent action on a post-Kyoto agreement to reduce greenhouse gases, the UN said the risks of "ecological catastrophe" were increasing.

Germany leads solar energy market

Hanno Renn, a Freiburg taxi driver, invested in a communal solar electricity system on a building in the German town in 1993. "Everyone laughed and said I was wasting my money," he says. But now he has paid off his investment and earns a regular income from the electrical company for the power he generates. "I have had the last laugh," he grins.

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