James Hansen, Top Scientist for NASA, said that the situation that the world is facing right now against Global Warming and Climate Change has long passed acceptable levels. There are only a few decades remaining before the more massive effects of global warming start taking shape. These will be in the form of extinction, ecosystem collapse and dramatic rise in world sea levels.
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Gas Giant, Petron Corporation, announced that they will start selling E10 gasoline in the market. E10 is a mixture of 10% ethanol to 90% gasoline. This is more than enough to be in compliance with the Philippine Biofuel Law which calls for only a minimum 5% mixture of ethanol in gasoline for the first 4 years of enactment of the Law.
The price of the ethanol mixed unleaded fuel will come out cheaper by P2/li. Petron however is recommending that you check first with your car manufacturer if your engine can handle the fuel before tanking up on it.
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If this WSJ article is to be believed. Then we shouldn’t be hoping for any relief from the high oil prices. Because it seems that the major oil producers have done nothing to increase production despite the high demand:
Last year, the region’s six largest petroleum exporters — Saudi Arabia, United Arab Emirates, Iran, Kuwait, Iraq and Qatar — curbed their output by 544,000 barrels a day. At the same time, their domestic demand increased by 318,000 barrels a day, leading to a loss in net exports of 862,000 barrels a day, according to the U.S. Energy Information Administration.
The Academy Award Winning Documentary, An Inconvenient Truth, will be shown on April 22, 2008 on HBO in the Philippines (it starts at 8PM, but that is depending on what part of Asia you are in). This ties in with the celebration of Earth Day for 2008.
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Monsignor Gianfranco Girotti, the head of the Vatican’s Apostolic Penitentiary, announced a new set of acts that are to be considered by Catholics as sinful behaviour. Included in that list was “Pollution”.
These announcements came after a week long conference in the Vatican on the topic of Confession. This was also due to the decision of the Church to modernize the categorization of sins for the current times.
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