World production of fossil fuels-oil, coal, and natural gas-increased 2.9 percent in 2008 to reach 27.4 million tons of oil equivalent (Mtoe) per day.1 (See Figure 1.) In the first half of the year, producers strained to meet global demand, but when the recession took hold later in the year the market was swamped by excess supply. Energy prices reflected this shift: oil peaked at $144 per barrel in July, then fell to $34 per barrel in December.2 Continuing a decade-long trend, most of the growth was in the... region.

Demand for oil in developed nations peaked in 2005, and changing demographics and improved motor-vehicle efficiency guarantee that it won't hit those heights again, IHS Cambridge Energy Research Associates says in a new report. Reduced petroleum demand in developed nations could make their economic growth less vulnerable to oil price shocks, the report states. Nonetheless, global oil demand is still expected to grow, overall, driven by China and other developing nations as the world economy recovers.

World Will Miss 2010 Target To Stem Biodiversity Loss, Experts Say; As losses accelerate, missed target is "certain;" Growing water needs, mismanagement leading to "catastrophic decline" in freshwater biodiversity; Biodiversity science evolving from sounding alarms to finding solutions; New systems being created to monitor biodiversity, inform policy; http://uk.oneworld.net/article/view/163774/1/5795

In inaugural ceremonies webcast around the world, Saudi Arabia inaugurated the King Abdullah University of Science and Technology (KAUST) on Sept. 23. Those facilities include Shaheen, the region's fastest supercomputer, as well as what is being billed as the world's most advanced facilities for scientific visualization.