International

Despite Iran's threat to close the Strait of Hormuz, some global oil prices fell. It turns out Iran's influence on the international oil market may be weak, and its threats more an effort to head off international sanctions that will harm its own weakened petroleum economy. Shipping lanes are just one of many major strategic factors affecting the global oil market. Iran has, however, offered spurious ammunition to U.S. politicians crowing for US acts of war against it. Right now, the news media are taking Iran's threats more seriously than the oil market is.

"BP has taken the axe to its solar power business, saying it 'can't make any money' from selling panels at a time when it continues to spend $20bn annually on oil and gas developments."

"Nigerian coastal and fishing communities were on Thursday put on alert after Shell admitted to an oil spill that is likely to be the worst in the area for a decade, according to government officials."

"Decommissioning Fukushima Daiichi nuclear power plant will take three or four decades, Japan's government said on Wednesday as it unveiled plans for the next phase of a huge and costly cleanup of the tsunami-wrecked complex."

"A European court ruled Wednesday that airlines flying into and out of European airports will have to pay a price for the carbon dioxide they emit when they burn jet fuel."

"Humans are having an effect on Earth's ecosystems but it's not just the depletion of resources and the warming of the planet we are causing. Now you can add an over-abundance of nitrogen as another "footprint" humans are leaving behind. The only question is how large of an impact will be felt. In a Perspectives piece in the current issue of Science, Arizona State University researcher James Elser outlines some recent findings on the increasing abundance of available nitrogen on Earth."

"The Justice Department is helping British authorities in an investigation into the hacking of climate scientists’ emails, which caused an uproar among skeptics of global warming when they were released two years ago."

"TOKYO -- Prime Minister Yoshihiko Noda of Japan today declared that the damaged reactors at the Fukushima Daiichi nuclear power plant have been brought to a state of cold shutdown, turning a corner in the world's worst nuclear disaster since Chernobyl.

'The nuclear reactors have reached a state of cold shutdown and therefore we can now confirm that we have come to the end of the accident phase of the actual reactors,' Prime Minister Noda told a news conference.

"Russia's vast tundra has been ravaged by oil companies unwilling to clean up their acts."

"FAIRBANKS, Alaska — A bubble rose through a hole in the surface of a frozen lake. It popped, followed by another, and another, as if a pot were somehow boiling in the icy depths. Every bursting bubble sent up a puff of methane, a powerful greenhouse gas generated beneath the lake from the decay of plant debris. These plants last saw the light of day 30,000 years ago and have been locked in a deep freeze — until now. ..."