Word: alarmism
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...mile walks, Ronnie Ho, 57, doesn't look as if he's suffering from high blood pressure. Nor is he. At its peak two years ago, Ho's blood pressure clocked in at 140/90, slightly above normal but not high enough to elicit a pill or much alarm. But when he went to see Dr. Ting Choon Meng, the Singapore general practitioner decided to monitor Ho's blood pressure with a black plastic wristwatch he had designed and named the BPro. The device, worn for 24 hours, revealed a wave pattern showing how fast and hard his heart was beating...
...even if they really did need it, our concessions to farmers are already excessive. We already spend hundreds of millions of dollars on unnecessary farm subsidies to prop up American agriculture. Must we conform our schedules to farmers’ whims as well? Farmers should have to adjust their alarm clocks, not everyone else...
...reason for the IEA's alarm is its expectation that economic development will raise global energy demands by about 50% in a generation, from today's 85 million barrels a day to about 116 million barrels a day in 2030. Nearly half that increase in demand will come from just two countries - China and India, which are electrifying hundreds of cities and putting millions of new cars on their roads, most driven by people who once walked, or rode bicycles and buses. By 2030, those two countries will be responsible for two-thirds of the world's carbon gas emissions...
...Most of the oil companies are going to be in an identity crisis, and need to redefine their business strategies," Birol says. The soul-searching may have already begun, as oil executives begin sounding the alarm about the supply crunch that lies ahead. Last week, Christophe de Margerie, CEO of the French oil giant Total, told the Financial Times that even the target of 100 million barrels a day is an optimistic one for an industry that currently produces 85 million - far short of the 116 million barrels a day the IEA projects will be needed by 2030 to fuel...
...Juba's potential is radiating beyond its borders, and a bustling cross-country trade is under way, as newly certified businessmen from Kenya and Uganda flood in, eyeing the oil riches and selling everything from eggs to cellphones. If the entrepreneurs are hearing war drums, they are not letting alarm get in the way of a lucrative deal...