Word: oiling
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...slick offices of Reykjavik Energy, Gudmundur Thoroddsson points out a World Bank study that lists electricity above corruption, crime and access to capital as the biggest obstacle to budding entrepreneurs in Africa. "It saddens me when I come to a place where you have a big oil-driven generator sitting on top of a geothermal field and you're paying three or four times the cost [for energy]," says Thoroddsson, the former CEO of Reykjavik Energy's investment...
...discover. They're really measuring carbon, and FAN and TNC can use those calculations - together with sophisticated satellite data - to work out precisely how much potential greenhouse gas is locked within Noel Kempff. That matters, because in 1997 TNC, U.S. utility companies American Electric Power (AEP) and PacifiCorp, and oil major BP Amoco paid Bolivia $10.8 million for the credits represented by all that carbon. In return, the government simply has to ensure that the forest remains standing and healthy for the next 30 years. It's called avoided deforestation, and projects like this may represent one of the most...
...which will build the stations and supply batteries to those who choose to buy or lease an electric car. Lingle hailed the plan as a major step in curbing emissions and rising energy costs. The state needs to do something; it spends nearly $7 billion each year on imported oil. Better Place is seeking similar deals in Israel, Australia, Denmark and the San Francisco area...
...Turkomans (a distinct ethnic group sharing ancestry with modern Turks) and Arabs would prefer it to remain outside Kurdish hegemony, in the separate Tamim province. Each group points out that the city was once ruled by its forebears. All know that outside Kirkuk is one of Iraq's largest oil fields. Also at stake is the larger, constitutional question of whether Iraq should have a powerful central government, favored by Turkomans and Arabs, or highly autonomous regions, as the Kurds wish. And finally, there are outside influences: Turkey backs the Turkomans and, with Iran, opposes greater Kurdish power...
...late July: after a suicide bomber struck at a Kurdish demonstration, killing 25, Kurds turned their wrath on Turkomans, though the violence quickly subsided. Since then, a war of words has broken out. Arab politicians in Baghdad were enraged when the provincial government of Kurdistan struck deals with oil companies without consulting Prime Minister Nouri al-Maliki's government; this was seen as proof that the Kurds were trying to grab Kirkuk's resources for themselves...