Category Archives: alternate energy

Coronavirus crisis could cause $25tn fossil fuel industry collapse

Value of reserves could fall by two-thirds as Covid-19 hastens peak in demand, study shows

 The looming fossil fuel crash could pose a significant threat to global financial stability, say experts. Photograph: Matthew Brown/AP

The coronavirus outbreak could trigger a $25tn (£20tn) collapse in the fossil fuel industry by accelerating a terminal decline for the world’s most polluting companies.

A study has found that the value of the world’s fossil fuel reserves could fall by two-thirds, sooner than the industry expects, because the Covid-19 crisis has hastened the peak for oil, gas and coal demand.          Continue reading

Health: Discussion on Mental Health during COVID-19 Part II – June 19. 2020 – ZOOM Forum

 

Guyanese Online Announcement: Political Entries and Comments

FROM THE EDITOR – GUYANESE ONLINE – MARCH 19, 2020

As from today, there will be no more entries in Guyanese Online that relate to politics in Guyana, the USA, or any other country. Readers are encouraged to go elsewhere to the many news outlets available.

Readers would understand that the divisive nature of many political news items and commentaries will not help any country in these perilous times. It is now believed that the worldwide reactions to the Coronavirus pandemic will cause the meltdown in economies worldwide and these will be accompanied by social disruptions. This emergency will last for months and many countries, businesses and organizations will not recover.

From now on, therefore, this blog will concentrate with renewed focus on helping Guyanese Associations worldwide with their projects. This was the original reason for creating this website in February 2010.

Please refrain from posting any more comments to previous political articles., as they will be deleted.

Thank you for your co-operation.

Cyril Bryan

Editor  / Publisher. Guyanese Online

cybryan@gmail.com

Coronavirus Updates: Trump suspends all travel from Europe to US for 30 days, excluding UK

Global recession fears intensify;

Tom Hanks tests positive in Australia; NBA basketball season suspended indefinitely. Follow the latest.

Guyana: CARICOM Secretariat headquarters going 100% solar

The CARICOM Secretariat at Turkeyen

On Monday, construction of a photovoltaic power generation system is set to commence.

The project is part of a wider initiative called ‘The Introduction of Renewable Energy and Energy Conservation System in Guyana and CARICOM’, being financed by the Government of Japan.        Continue reading

China versus USA and the Geopolitics of Lithium -e.g. Bolivian coup

By F. William Engdahl – Global Research, November 18, 2019

Electric Vehicles

For several years since the global push to develop mass-scale Electric Vehicles, the element Lithium has come into focus as a strategic metal. Demand is enormous in China, in the EU and in the USA at present, and securing control over lithium supplies is already developing its own geopolitics not unlike that for the control of oil. 

China Moves to Secure Sources             

For China, which has set major targets to become the world’s largest  producer of EVs, developing lithium battery materials is a priority for the 13th Five-Year Plan (2016-20) period. Though China has its own lithium reserves, recovery is limited, and China has gone to secure lithium mining rights abroad.    Continue reading

OIL: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming – New York Times

Nov. 3, 2019 – By Clifford Krause – New Your Times

HOUSTON — A surge of oil production is coming, whether the world needs it or not.
The flood of crude will arrive even as concerns about climate change are growing and worldwide oil demand is slowing. And it is not coming from the usual producers, but from Brazil, Canada, Norway and Guyana — countries that are either not known for oil or whose production has been lackluster in recent years.

This looming new supply may be a key reason Saudi Arabia’s giant oil producer, Aramco, pushed ahead last Sunday with plans for what could be the world’s largest initial stock offering ever.

READ MORE:  Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

Electric Cars: Volkswagen starts production of car it says is ‘accessible to millions’

Volkswagen starts factory production of electric car it says is ‘accessible to millions’
  • A ceremony held at Volkswagen’s Zwickau plant was attended by CEO Herbert Diess and German Chancellor Angela Merkel.
  • Some of the automotive industry’s major players are now making moves in the electric vehicle sector.

The Volkswagen Group officially started series production of its ID.3 electric car Monday, with the German auto giant aiming to become a world leader in the growing field of e-mobility.          Continue reading

Guyana: Solar Farm Projects for Bartica, Mahdia and Lethem announced

— G$1.7B (US$8.6 Million) solar farm projects for Regions 7, 8, 9

Residents of Bartica, Region Seven (Cuyuni/Mazaruni), Mahdia in Region Eight (Potaro/Siparuni) and Lethem, Region Nine (Upper Takatu/Upper Essequibo) will soon benefit from an all inclusive 3.15-megawatt solar-powered mini-grids system totaling $1.7B (US$8.6 Million).

Solar farm projects

The project which is being funded by Inter-American Development Bank (IDB) and the Guyana Energy Agency (GEA) will include a 1.5-Megawatts solar photovoltaic power plant at Bartica will benefit 15,000 residents, while a one-megawatt project at Lethem solar will benefit an estimated 5,000 people.          Continue reading

Contract signed for Hydropower in Kato – despite PPP attempts to block funding – Patterson

Despite moves by the Opposition to block funding for a hydro project in Kato, the money has been acquired and the project will go ahead, Government says.

On Thursday, Minister of Public Infrastructure – David Patterson announced at the National Toshaos Conference that hydropower for the village of Kato, Region 8, will now be possible as a contract was recently signed in this regard.
He explained that the previous administration attempted to secure funding for the project several times but were unsuccessful.    Continue reading

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