A government panel on Thursday essentially doubled its estimate of how much oil has been spewing from the out-of-control BP well, with the new calculation suggesting that an amount equivalent to the Exxon Valdez disaster could be flowing into the Gulf of Mexico every 8 to 10 days.
The new estimate is 25,000 to 30,000 barrels of oil a day. That range, still preliminary, is far above the previous estimate of 12,000 to 19,000 barrels a day.
India overtook China to top the world in road fatalities in 2006 and has continued to pull steadily ahead, despite a heavily agrarian population, fewer people than China and far fewer cars than many Western countries.
The oil industry’s decommissioning costs will dwarf those of nuclear power. The money being made now should be put aside to meet them.
Has BP ever made a profit? The question looks daft. The oil company posted profits of $26bn last year(1). There?s no doubt that BP has been pumping money into the pockets of its shareholders. The question is whether this money is what the company says it is. BP calls it profit. I call it the provision the firm should be making against future liabilities
Silicon Valley solar company Solexant has raised $41.5 million to pursue technology it says can slice the costs of solar power with a printing-like manufacturing process.\n\nThe company’s technology, which was developed at Lawrence Berkeley National Lab, takes raw semiconductor material and creates nanoparticles which, once dissolved in a solvent, creates an ink that can be printed.
Efforts to stop leak, clean-up costs and compensation costing tens of millions a day
? BP shares rise 2.7% this morning on hopes for success and dividend pledge
? Chief executive vows to spend ‘what it takes’ to fix spill
Ditching ?hardcopy? software packages in favour of direct downloads could reduce the carbon footprint of the global software industry by 80 per cent*, according to Softwareload.co.uk, Deutsche Telekom?s UK software download portal