Recent Posts

Commodity prices: The cycle turns?

On March 24, US oil futures settled at around $39 a barrel, up nearly 50 percent on January’s 12-year low of below $27. Meanwhile, the benchmark copper price on the London Metal Exchange closed at $4,945 a ton, up 15 percent from its six-year low in January, while iron ore prices have risen by nearly 30 percent this year to ...

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UAE giving right push to knowledge economy

The UAE is on track to usher in a knowledge-based economy. Recently, it adopted the Science, Technology and Innovation’s Higher Policy, which includes 100 national initiatives in the educational, health, energy, transportation, space and water sectors. AED300 billion is being pumped into this ambitious plan. A knowledge-based economy has four requisites: education and training, information infrastructure, economic incentive and institutional ...

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The clean-energy deadline is sooner than we think

Everyone knows that at some point, if we want to contain climate change, we’ll have to stop building polluting power plants. New research suggests that moment may come much sooner than we realize. In some areas, the world is making progress toward reducing harmful emissions. Earlier this year, the Business Council for Sustainable Energy reported that the use of coal-fired ...

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