Iran increased its subsidized fuel prices 4-fold for a ration of up to 60 litres a month and by another 75% for quantities above that limit. An Aljazeera correspondent reports: …
When will Sydney’s North West get its rail line?
No one knows. But while Sydney is continuing its love affair with the car – which one day in the not too distant future will come to an abrupt end – Frankfurt has…
Will Transurban ever pay back its debt?
Transurban, a toll-way operator in Sydney, Melbourne and the US has accumulated a debt mountain of around $A4 bn. Up to now, most of the previous debt, when due, was re-financed. There…
Sydney vandalizes its own public transport infrastructure (part 2)
This is part 2 of a series of posts on the willful destruction of a wonderful piece of bus infrastructure in Sydney, a bus ramp connecting 2 bus lanes on the median…
2 oil exporters win soccer games for 2018 and 2022
At the time of the world cup soccer games in 2018 and 2022 the world will be in an oil and general energy crisis the magnitude of which will not allow us…
Fly, but leave your car at home
Under the new policies scenario in the IEA’s World Energy Outlook 2010, chapter 3 contains a graph showing aviation oil consumption going up from a current 4.95 mb/d to 7.75 mb/d in…
Infrastructure expenditure by mode not commensurate with oil challenge
As oil production is peaking since 2005, expenditure for oil dependent roads has been increasing while at the same time investments in energy efficient rail are decreasing. Just the opposite of what should be done….
Yet more debt to finance Sydney’s toll-way expansion
But will $740 million be enough to complete the M2 widening? Out of $740 million of new loans given by banks to Transurban, $465m are only for refinancing old M2 debt, leaving…
Sydney builds huge sustainable basement car park in Darling Harbour prone to flooding by sea level rise
The string of peak oil and global warming ignorant decisions of the NSW government shortly before elections in March 2011 is endless. On the same day the IEA released its WEO 2010…
Diesel shortages in China
In a sign of things to come, a Chinese truck driver loaded 2 trucks on top of his truck, making it a triple decker truck, in order to save on fuel and…