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Ecuador:

 

Posted on Sustainabilitank.info on October 24th, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

Padre Miguel or Nicaraguan diplomat, politician, liberation theologian and Maryknoll Catholic priest, H.E. Father Miguel d’Escoto Brockmann, is indeed a breath of fresh air at the UN.

The Maryknoll Catholic priests from the US helped the poor of Nicaragua at the time of the US imposed dictatorship - we remember pictures of kidnaped and killed Maryknoll sisters and we remember the difficulties Latin American liberation theologians had, and still have, with the Vatican. Padre Miguel was born in the US, and was active in Nicaragua, and was bleeding for all Latin poor. Having him, a Ghandian, as President of the UN General Assembly, the nominally highest international position in the world, is indeed amazing. Nominally, the President of the General Assembly is the highest ranking UN personality, though he does not have the decision making power of a Security Council member, neither the practical, administrative power of the Secretary General. but he has at least, for one or two years, the power to decide what should be talked about at the General Assembly talking club.

To be clear about what this man stands for - openly in public - we attached his June 4, 2008, acceptance speech at the UN. We proceeded and marked with yellow the lines where he mentions the anthropogenic nature of so called natural phenomena and his attention to hunger, poverty, climate change, energy crisis, terrorism, human rights, disarmament, nuclear control, rights of women and children, preservation of biodiversity and cultural diversity. We clearly expect him not to treat those issues as individually separate issues but to make the connection and integrate the approach to the bundle of crises - exactly how they popped up to our attention in the last couple of months. We were excited back in November when a Catholic blog enthusiastically proposed Padre Miguel as Obama’s new Pastor. Who knows, there might have been a premonition here - but then let us not forget that the position of President of UNGA is for one year only - though it might be eventually extended for a second year. Nevertheless, if Obama becomes US President, he will have a good partner at the UNGA.

OK, so now Padre Miguel looked at all the crises and decided that the UN has to step in and asked Professor Joe Stiglitz to be his economist adviser and establish a panel to look at these crises. This panel is still in the making.

Then, looking at the upcoming November 29 - December 2, 2008 Doha Review Conference of the non-implementation of the so called Monterrey Consensus, that had in September 2008 already an introductory meeting here at the UN headquarters, he decided to use the “we go to Doha” idea in order to review the present bundle of crises that because of the Global Financial Crisis endangers all dealings with the other crises.

The Sarcozy suggestion to hold a global summit of the G-20 in New York on November 20, 2008, after the US Presidential elections, got deflected by President Bush to Washington DC - so it is a last hurrah for the present Administration - but this should not deter the UN to deal with the problems - if nothing else - it will UN material for the Washington meeting.

So, appointing Professor Joe Stiglitz, an adviser to Senator Obama, is also a good step in the direction of the future. To make this really inclusive he added further three known personalities: from Belgium the seat of the EU, from India - the second largest developing power of Asia, and from Ecuador - an OPEC member but fairly independent when it comes to Latin America issues.  Though nominally intent to deal with Financing for Development, it seems clear that global finances, hunger and the MDGs, and climate change will be topics of this day-long symposium and we look forward to the event.

Thursday, June 05, 2008

Priest & President of the U.N.?

 

Rev. Miguel d’Escoto-Brockmann, born in Los Angeles on February 5, 1933, is a Nicaraguan diplomat, politician, liberation theologian and Maryknoll Catholic priest.

He was just elected President of the United Nations General Assembly; his one year term at that post will begin in September 2008. He will preside over the 63rd Session of the United Nations General Assembly.

Quotes from Brockmann:

“They elected a priest. And I hope no one is offended if I say that love is what is most needed in this world. And that selfishness is what has gotten us into the terrible quagmire in which the world is sinking, almost irreversibly, unless something big happens. This may sound like a sermon. Well, OK.”

Ronald Reagan is “the butcher of my (Nicaraguan) people”

“Because of Reagan and his spiritual heir George W. Bush, the world today is far less safe and secure than it has ever been.”

Perhaps Obama has found his new pastor?

O tempora, O mores!

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The General Assembly, in its resolution 62/187 of 19 December 2007, decided that the Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus will be held in Doha, Qatar, from 29 November to 2 December 2008.
In preparation for the Doha Review Conference, the General Assembly held, from February to June 2008, review sessions on the six thematic areas of the Monterrey Consensus and interactive hearings with representatives of civil society and the business sector. The President of the General Assembly issued informal summaries of the review sessions and circulated, on 28 July 2008, a draft outcome document of the Conference.
The General Assembly held, on 8 - 10 September and 19 September 2008, the first round of informal consultations on the draft outcome document of the Doha Conference. The Assembly will continue consultations on the Doha outcome document in October - November 2008.

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Posted on Sustainabilitank.info on October 13th, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

Under Bush, US Influence in Latin America Wanes.
Saturday 11 October 2008, by: The Associated Press

n4_101108d.jpg
From left to right, Venezuela’s Hugo Chavez, Bolivia’s Evo Morales and Brazil’s Luiz Inacio Lula da Silva forge alliances at a regional integration meeting in Manaos, Brazil, in early October 2008. (Photo: Antonio Lacerda / EPA)

Quito, Ecuador - In a matter of weeks, a Russian naval squadron will arrive in the waters off Latin America for the first time since the Cold War. It is already getting a warm welcome from some in a region where the influence of the United States is in decline.

“The U.S. Fourth Fleet can come to Latin America but a Russian fleet can’t?” said Ecuador’s president, Rafael Correa. “If you ask me, any country and any fleet that wants can visit us. We’re a country of open doors.”

The United States remains the strongest outside power in Latin America by most measures, including trade, military cooperation and the sheer size of its embassies. Yet U.S. clout in what it once considered its backyard has sunk to perhaps the lowest point in decades. As Washington turned its attention to the Middle East, Latin America swung to the left and other powers moved in.

The United States’ financial crisis is not helping. Latin American countries forced by Washington to swallow painful austerity measures in the 1980s and 1990s are aghast at the U.S. failure to police its own markets.

“We did our homework - and they didn’t, they who’ve been telling us for three decades what to do,” the man who presides over Latin America’s largest economy, President Luiz Inacio Lula de Silva of Brazil, complained bitterly.

Latin America’s more than 550 million people now “have every reason to view the U.S. as a banana republic,” says analyst Michael Shifter of the Inter-American Dialogue think tank in Washington. “U.S. lectures to Latin Americans about excess greed and lack of accountability have long rung hollow, but today they sound even more ridiculous.”

From 2002 through 2007, the U.S. image eroded in all six Latin American countries polled by the Pew organization, especially in Venezuela, Argentina and Bolivia. (The others were Brazil, Peru and Mexico.) People surveyed in 18 Latin American countries rated President Bush among the least popular leaders in 2007, along with President Hugo Chavez of Venezuela and just ahead of basement-bound Fidel Castro of Cuba, according to the Latinobarometro group of Chile.

In three years of presidential elections ending last year, Latin Americans chose mostly leftist leaders, and only Colombia and El Salvador elected unalloyed pro-U.S. chief executives. In May, the prestigious U.S. Council on Foreign Relations declared the era of U.S. hegemony in the Americas over. And in September, Bolivia and Venezuela both expelled their U.S. ambassadors, accusing them of meddling.

Along with the loss in political standing has come a decline in economic power. U.S. direct investment in Latin America slid from 30 percent to 20 percent of the total from 1998 to 2007, according to the U.N. Economic Commission on Latin American and the Caribbean.

The U.S. still does $560 billion in trade with Latin America, but in the meantime other countries are muscling in. China’s trade with Latin America jumped from $10 billion in 2000 to $102.6 billion last year. In May, a state-owned Chinese company agreed to buy a Peruvian copper mine for $2.1 billion.

Other countries are also biting into U.S. military sales in the region. Boeing Co. is vying with finalists from France and Sweden for the sale of 36 jet fighters to Brazil. Venezuela’s Chavez has committed to buying more than $4 billion in Russian arms, from Sukhoi jet fighters to Kalashnikov assault rifles. In April, Brazil and Russia agreed to jointly design top-line jet fighters and satellite-launch vehicles, and Brazil is getting technology from France to build a submarine.

“Similar deals could have been made with the United States had it been willing to share its technology,” said Geraldo Cavagnari, of the University of Campinas near Sao Paulo.

Last month, Russian Prime Minister Vladimir Putin offered to help Chavez develop nuclear power. Even Colombia, the staunchest U.S. ally in South America, isn’t limiting its options. After expressing alarm about the Russian warships a week ago, its defense minister, Juan Manuel Santos, promptly headed for Russia himself to discuss “better relations in defense.” Chavez says he expects to hold joint Russian-Venezuelan naval exercises as early as November.

Bolivia also is looking to deepen ties with Russia and Iran.

Although the Islamic republic’s ambassador has yet to arrive in South America’s poorest country, its top diplomat there announced Friday that Iran will open two low-cost public health clinics.

And while Bolivia’s only announced Russian hardware purchase is five helicopters for civil defense, Moscow’s ambassador told the AP - after Bolivia booted the U.S. ambassador - that Russia has every right to help Latin American nations arm themselves.

“We know of many historical cases of U.S. intervention in Latin American countries,” said the diplomat, Leonid Golubev.

Thomas Shannon, U.S. assistant secretary of state for the hemisphere, wouldn’t comment directly on whether the U.S. has lost influence in Latin America. But he added that there is no doubt that the U.S. still holds most of the military power in the Caribbean, and said it has no interest in reviving “Cold War rhetoric.” Shannon also noted that overall U.S. aid to the region will reach $2.2 billion for 2009, to total more than $14 billion during Bush’s presidency.

However, critics point out that roughly half that aid is for the military or counternarcotics, and that Washington sends more money annually to Israel alone. Even U.S. giving has been dwarfed by Chavez’s checkbook diplomacy, which easily eclipses U.S. aid between outright gifts and discounted oil.

His largesse has lured several longtime U.S. friends. Honduras’ president, Manuel Zelaya, said last month that after pleading with Washington and the World Bank, he accepted $300 million a year from Chavez for agricultural investment to help fight rising food prices.

“Allies, friends, did not help me when I asked,” he said.

Costa Rica’s president, Oscar Arias, says Venezuela offers Latin America about four or five times as much money as the United States. Costa Rica has become the 19th member of Petrocaribe, through which Chavez sells Caribbean and Central American nations cut-rate oil at very low interest.

The diminished profile of the U.S. in Latin America comes after a history of welcomed influence dating back to President Franklin Roosevelt’s “Good Neighbor” policy of the 1930s, which emphasized cooperation and trade over military intervention. There have been major bailouts, such as Washington’s $20 billion rescue of Mexico in the 1994 peso devaluation crisis. As former Assistant Secretary of State Otto Reich noted, “We are the assistance bureau of first choice for the region.”

But the U.S. has an ugly legacy of covert intervention in countries including Chile, Nicaragua, Guatemala and Cuba. Chile’s center-left president, Michele Bachelet, was jailed and tortured by a U.S.-backed military dictatorship in the 1970s. She recently recalled telling Washington’s ambassador to Chile an old joke: “Some say the only reason there’s never been a coup in the United States is because there’s no U.S. Embassy in the United States.”

The United States has also long served as chief educator to Latin America’s elite. Correa is among its presidents with a U.S. graduate degree - though that didn’t stop him from accusing the CIA of infiltrating his military, or refusing to renew a lease for U.S. counterdrug missions to fly out of Ecuador.

With the U.S. facing its own financial crisis, it’s unlikely to be able to leverage economic influence in Latin America anytime soon. Sen. Barack Obama’s senior adviser on Latin America, Dan Restrepo, acknowledges that his candidate is essentially proposing a symbolic shift in style - albeit adding a special White House envoy for the Americas.

“Barack doesn’t see the United States as the savior of the Americas, but as a constructive partner,” Restrepo told the AP.

Reich, an adviser to Sen. John McCain who served three Republican presidents in the region, put it even more bluntly.

“No matter who is elected in November, there is not going to be any money for Latin America,” he said. “Latin Americans expecting financial resources, any kind of help from the United States, they are barking up the wrong tree.”

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Associated Press writers Dan Keane in Bolivia, Eduardo Gallardo in Chile and Stan Lehman in Brazil contributed to this report.

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Posted on Sustainabilitank.info on September 11th, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

Thirty-five Years Ago, Latin America Experienced Its Own September 11.

by: Teo Ballve, Colombian Writer, The Progressive, September 9, 2008.

In 1970, Salvador Allende became the democratically elected president of Chile. On Sept. 11, 1973, the Chilean military, supported by Washington, overthrew Allende and in his place a US-financed 17-year regime of terror took over. Latin America, which experienced its own September 11 thirty-five years ago, is no longer under Washington’s thumb.

On Sept. 11, 1973, the Chilean military, supported by Washington, overthrew the democratically elected president of Chile, Salvador Allende. It was a day that was burned in the memories of millions of people across the continent.

Allende had come to power in 1970 as a democratic socialist, and his victory raised hopes among Latin Americans that peaceful social change was possible.

But three years later, when military tanks and fighter jets blasted the presidential palace where Allende had taken refuge, those hopes were dashed. Allende took his own life during the attack, and in his place a U.S.-financed 17-year regime of terror took over. The junta, led by Augusto Pinochet, murdered more than 3,000 people and tortured and detained thousands more.

Now, 35 years after Allende’s overthrow, a lot has changed in Latin America. For starters, Chile’s current president (Michelle Bachelet) is not only a woman, but also a member of Allende’s Socialist Party.

And Washington, once the unofficial arbiter of the politics and economies of Latin America, has been sidelined, as progressive reformers have claimed victory in an ever-growing number of countries.

***



The political waters began turning in 1999 in Venezuela. The country’s leftist president, Hugo Chavez, came from the most unlikely of sources: the military.

Today, left-leaning leaders control almost every country of South America. These leaders are by no means a uniform bunch. But they all share the popular mandate of addressing the needs of the most disadvantaged citizens of Latin America, where nearly half the population of 550 million lives in grinding poverty.

Fulfilling campaign promises, many of these leaders have defied Washington’s economic and political strictures - first introduced in post-Sept. 11 Chile - in trying to lift millions out of poverty.

Bolivia’s Evo Morales and Ecuador’s Rafael Correa have moved to take a larger share of profits from their nations’ vast oil and gas reserves to reinvest the money in anti-poverty programs.

Morales also plans to use windfall gas profits in Bolivia - the poorest country in South America - to strengthen its faltering social security system.

Brazilian President Luiz Inacio Lula da Silva, a former union organizer, has similar plans for the profits expected from newly discovered massive oil reserves.

***

When Allende made similar reforms in Chile, President Nixon’s National Security Advisor Henry Kissinger famously sneered, “I don’t see why we need to stand by and watch a country go communist due to the irresponsibility of its own people.” The Nixon administration’s next move was to cut off all multilateral and bilateral foreign aid to Chile, fulfilling Nixon’s order to “make the economy scream.”

Despite persistent U.S. meddling, it’s hard to see how Washington could once again so recklessly block the desperately needed reforms now sweeping Latin America. When it has recently tried to impose its will, Latin American governments have fended off Washington by banding together.

The region’s new leaders finally are implementing policies that make real improvements in people’s lives. Allende tried to do so, but he was not allowed to see them through to fruition.

From his tragedy, new hope has arisen.

——–

Teo Ballve is a freelance journalist and editor based in Colombia. He can be reached at  pmproj at progressive.org.

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Posted on Sustainabilitank.info on August 3rd, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

OFFSHORE MAGAZINE, PennWell Corporation, Tulsa, OK - Offshore magazine, first published in 1954, is a monthly publication recognized as the worldwide leader for covering the key issues and trends relative to offshore technology, oil and gas E&P (Exploration and Production) operations. It is the world’s most highly respected magazine dedicated entirely to the offshore industry, and enjoys the highest and most widely read circulation in its class. Since 1910, The PennWell Petroleum Group has been the industry leader for coverage of and service to the worldwide petroleum industry.

Its foundation magazines are Oil & Gas Journal, Offshore, Oil, Gas & Petrochem Equipment, Oil & Gas Financial Journal, LNG Observer and The Petroleum Buyers Guide. The group also produces targeted e-Newsletters, hosts global conferences and exhibitions, seminars and forums, directories and technical books, print and electronic databases, surveys and maps.

We were introduced to http://www.offshore-mag.com because of our interest in the oil finds in Brazil.

Brazil is now at the top of OFFSHORE interest and they plan an upcoming webcast lecture:

(AkerSolutions Technip)

The Petrobras FPSO Experience: Technology Evolution and Application In the US Gulf of Mexico
Date: August 14, 2008
Time: 2:00 PM EDT 11:00 AM PDT 18:00 GMT
Length: Approximately one hour
Speakers: César Palagi, Walker Ridge Production Asset Manager, Petrobras America Inc.

***

According to Bloomberg data, Petrobras is the fourth-most valuable company in the Western Hemisphere, behind Exxon Mobil Corp., General Electric Co., and Microsoft Corp. “We think this is part of a major transformation of Petrobras, which could lead to it becoming a much larger company in terms of production and reserves over the next five to 10 years,” Merrill Lynch analysts wrote.

***

Brazil in OPEC?

If confirmed, the Carioca-Sugar Loaf find would vault Brazil into the Top 10 countries for oil reserves, ahead of Organization of Petroleum Exporting Countries (OPEC) such as Nigeria and Libya. It also would surpass the US, point out oil analysts.

Director Estrella, who is known for conservative forecasts, told Offshore that: “Considering the geologically provable dimensions of the whole pre-salt reservoirs, including Santos, Campos, and Espírito Santo basins, plus other prospects, such as geologically estimated recoverable oil and natural gas in the Tupi accumulation, we may be dealing with recoverable volumes very much larger than the current Brazilian proven reserves.”

Brazilian President Luiz Inacio Lula da Silva said on several occasions that when Brazil becomes a crude exporter it would like to join OPEC and work to lower oil prices.

Director Estrella pointed to the emergence of a new organization, the National Oil Companies (NOCs), as a forum of exporting and non-exporting countries that meets annually and has a different objective from OPEC: “In my opinion, NOC’s mission, through long-term strategic partnerships, is more interesting for Petrobras and raises the country’s political profile as an uncontestable leader of emerging countries.

I am not in favor of Brazil joining OPEC. New oil producing countries started exporting but did not join OPEC, which in a way is weakening OPEC’s economic and political power.

OPEC is going down the path of political obsolescence.”

While the potential Brazil find could add significant supplies to a global oil market many see as tight, it would likely take the better part of a decade before any of the oil finds its way to consumers. The site will need to be studied further, and many more facilities must be designed, built, and transported before it can start producing oil.

***

The OFFSHORE Magazine July 2008 issue (July 7, 2008) includes three articles about Brazil. We give here the references and small parts from these articles:

July 7, 2008
 http://www.offshore-mag.com/display_arti…

Title: “Pre-salt discoveries continue in Brazil. ” (Above is a 6 page article)

by Peter Howard Wertheim, Contributing Editor

Potential for super-giant fields remains to be confirmed in ultra deepwater.

Deep under the Atlantic Ocean, Brazil’s state-controlled Petrobras has made what could prove to be the largest oil discovery in 30 years, and one that would propel the already prospering country into the major league of oil exporters.

The head of Brazil’s upstream regulatory body National Petroleum and Biofuels Agency (ANP), Haroldo Lima, said in April that the find in the Carioca exploration area could contain 33 Bboe, which would make it the world’s fourth-largest field. Lima did not say whether his unofficial estimate was of recoverable reserves or in-place resources and Petrobras did not comment.

Brazil Energy Minister Edison Lobão was quoted as saying on São Paulo’s Estado newswire that he would neither confirm nor deny Lima’s statements. However, he cautioned that any announcement on the extension of oil fields should only be made once the government is certain about the data.

For context, current Brazilian crude oil proven reserves are at 14.4 Bbbl.

Outstanding sequence of discoveries
“This is one of the most impressive oil finds globally in terms of scale,” says David Riedel of New York-based Riedel Research Inc. The deepwater discovery, coming after a similar find announced last year by Petrobras, suggests that the world still has major pools of oil to be found.

For Brazilian analysts, it also casts new doubts on peak oil theory, which postulates that world oil demand will soon outpace supply.

Riedel says uncertainty remains regarding the size of the Carioca discovery on BM-S-9 block, which lays under 2 km (6,562 ft) of water, plus many more kilometers of sand, hard rock, and another 2 km of salt. The exploration area, also called Carioca-Sugar Loaf, is 275 km (171 mi) off the coast of São Paulo and Rio de Janeiro.

“Petrobras is very good at deepwater drilling but this is going to be very complicated stuff to get out of the ground,” he adds.

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July 7, 2008 http://www.offshore-mag.com/display_arti…

Title: “Jubarte field production enhanced with wellbore ESP”. (Above is a 4 page article)

by Marcos Pellegrini, Giovanni Colodette - Petrobras
Ignácio Martinez, Leandro Neves - Baker Hughes Centrilift

1,200-hp subsea system installed.

Through technological advances in ultra deepwater production, the highest horsepower-equipped electric submersible pump (ESP) to date was installed in the 1,400-m (4,593-ft) JUB-6 subsea well in the Jubarte field, offshore Brazil. The system is composed of a 1,200 hp motor and a pump capable of producing over 22,000 b/d of heavy oil (17º API). High flow rates and a longer subsea step-out were the drivers for selecting an ESP system as the artificial lift method for the project. Reliability is one of the main concerns of ESPs, and proper selection of the system for the application was critical for the run life of the equipment.

Operators and service companies are always searching for most cost-effective methods to produce deepwater reserves over the life of the field. Gas lift traditionally has been the preferred artificial lift method in offshore Brazil subsea applications with relatively short step-outs. But when high-flow production of heavy and viscous oil in a long step-out is needed, gas lift is not efficient. Electrical submersible pumping systems are the best option.

Jubarte field: The Jubarte field, in the northern part of the Campos basin, about 80 km (49.7 mi) offshore from the state of Espírito Santo, was discovered in January 2001. An extended well test was performed to evaluate drilling, completion, artificial lift technology, and to verify reserves. Then, Petrobras started Phase 1 production with FPSO P-34. Four wells were planned to produce around 60,000 b/d of oil. Two of the wells are produced using gas lift, the third one is an ESP installation on the seabed, and the fourth is a subsea ESP wellbore installation.

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July 7, 2008 http://www.offshore-mag.com/display_arti…

Drilling zero discharge offshore Brazil in an environmentally sensitive area. (Above is a 3 page article) These drillings are in shallow waters near terrific white sand beaches.

by Perry Morris - El Paso Oil & Gas
Keith Browning, Kevin Redfern - Halliburton

One key element of the El Paso Oil & Gas exploration program offshore Brazil during the recent drilling and completion of the Acai and Cacau exploration wells in the Camamu basin was to ensure compliance with a zero discharge policy. The wells were in a shallow 23 m (75.5 ft) water depth, near shore and 11 km (6.8 mi) from an extremely environmentally sensitive area. Brazilian authorities designated the coastal area as a future recreational development.

Equipment outlay: El Paso contracted Halliburton’s Baroid Surface Solutions services to provide equipment and personnel at the rig site to transport cuttings and drilling waste to a dedicated cuttings barge. To protect the delicate subsea reef environment and the nearby Camamu white sand beaches, El Paso installed booms completely surrounding the Todco 156 rig. The dedicated cuttings barge was moored outside the booms to allow access to the barge for dumping cuttings further out into deepwater. This configuration resulted in a greater distance than normal for cuttings transportation.

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The deepwater oil-finds locations towards the the souther part of Brazil’s coast - the Santos Basin and the Caramba, Sugar Loaf, Carioca, Parati, Tupi and Jupiter discoveries.

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Location map of the exploration blocks in Santos basin showing the recent giant and super-giant pre-salt oil and gas discoveries.

The shallow water oil-basins that are close to environmentally sensitive coasts. North of Rio de Janeiro - the Espirito Santo and Camamu basins and the Potiguar basin in the northeast.

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The Acai and Cacau exploration wells in the Camamu basin are in a shallow 23 m (75.5 ft) water depth near shore. 

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Posted on Sustainabilitank.info on July 31st, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

Climate change could cost Andean countries 30 billion dollars a year, study reveals - as per press release from Comunidad Andina Headquarters in Lima, Peru.

 

Lima, May 9, 2008.- Losses in the four Andean countries as a result of climate change could add up to 30 billion dollars a year by 2025. This figure, equivalent to 4.5% of their GDP, could place Bolivia, Colombia, Ecuador and Peru’s potential for development in jeopardy.

This is only one of the revealing figures unveiled in the study “Climate Change knows no borders,”* prepared at the initiative of the Andean Community General Secretariat by a team of researchers from Universidad del Pacífico del Perú with the collaboration of other academic and research centers and authorities of Bolivia, Colombia and Ecuador and the support of Spain’s Environment Ministry and the Spanish Agency for International Development Cooperation (AECID).

During the presentation of the report, the research team coordinator, Peru’s former Agriculture Minister, Carlos Amat y León, insisted that “climate change is already happening,” as shown by glacial loss, more frequent flooding and stronger and more frequent occurrences of El Niño.

“Floods, droughts, landslides, frosts, and landslips virtually doubled between 2002 and 2006, as compared with the five-year period 1987-1991. Since 1970, every single province in the CAN countries has experienced at least one hydrometeorological disaster,” the coordinator pointed out.

He stated that climate change has been evident in the subregion for over three decades. “While changes in global temperature have amounted to 0.2ºC per decade since 1990, in the central Andean region the rise in temperature between 1974 and 1998 was 0.34ºC –in other words, 70% more than the global average.”

Amat y León warned that if the temperature rises over 2°C, the Andean countries will find themselves in a serious situation. “The Amazon could begin to collapse as glacial retreat intensifies, jeopardizing the supply of water,” he announced.

Even if this does not happen, he cautioned, “by 2020, deglaciation in the Andes could put close to 40 million people at risk of losing their water supply for drinking, hydroenergy and farming, particularly in Quito, Lima and La Paz.

A fact that should be considered, he stated, is that the people who will witness the effects of climate change are already alive and under the age of 33; they make up 64 percent of the population today.

Amat y León emphasized that in order to be able to address this common challenge, the international community must have a strong interest in cooperating in the efforts of Andean countries to cope with the effects of climate change and learn from this experience.

He went on to add that it is essential to have an action plan in place that contains substantive measures like transferring technology to produce clean energy; sharing knowledge and capacities; receiving financial contributions proportional to the size of the problem; making changes in production processes to bring them into line with the new parameters imposed by climate change; and reinforcing the capacity for governance, particularly the capacity of local governments to design and implement economic and social infrastructure.

The Secretary General of the Andean Community, Freddy Ehlers, for his part, pointed out that because the current development model is incompatible with the planet’s sustainability, it is necessary to define a new development model that will guarantee man’s integral development and his harmonious relationship with nature.

He also emphasized the need to take more coordinated action to mitigate and adjust to climate change, including the adoption of commitments to reduce emissions and to develop new mechanisms and incentives for conserving forests and biodiversity, as stipulated in the Bali working plan on climate change and the objectives of the Convention on Biological Diversity.

Ehlers revealed that a recent study based on data taken from the Stern Report, the Ecological Footprint and the World Bank states that Andean countries could receive billions of dollars from industrialized countries in return for the environmental services provided to the entire world by Amazon tropical forests. “These forests are a basic bargaining chip of the Andean countries with the international community,” he concluded.

* The complete document can be seen at the CAN’s following website address:  

 
 
 

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Posted on Sustainabilitank.info on July 26th, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

The Americas in the Mercer Ranking of 143 world cities in regard to cost of living for expatriates with New York City as a benchmark at 100 points.

The only North American city to feature in this year’s top 50 is New York in 22nd place - score 100 - dropping seven places - from 15th place - in one year.

All other US cities have also experienced a significant decline in the rankings. For example, Los Angeles has moved from 42nd to 55th place (score 87.5), Miami from 51st to 75th place (score 82) and Washington, DC, from 85th to 107th place (score 74.6).

“The decline in the ranking of all US cities is due to the weakening value of the US dollar against most major world currencies,” said Mitch Barnes, principal at Mercer in the US. “The dollar has been declining steadily for the past several years, which has resulted in an overall decrease in the cost of living in 19 US cities, relative to other major global cities studied.

“On the bright side, the US dollar’s loss of value may serve to attract globally mobile executives to business centres such as New York, Chicago and Los Angeles. The difference in cost of living can be significant, particularly for those executives with families.”

In 54th place (score 88.1), jumping 28 places from last year, Toronto is the most expensive city for expatriates in Canada. All other Canadian cities in the survey have experienced similar rises, with Vancouver moving from 89th to 64th (score 85.8), Calgary from 92nd to 66th (score 85.4) and Montréal from 98th to 72nd with a score of 83. This reverses last year’s trend which saw Canadian cities decline, and places them back where they have traditionally been rated. The Canadian dollar has appreciated nearly 15% against the US dollar, the main reason for these movements.

The two top-ranking cities in South America are São Paulo in 25th place (score 97) and Rio de Janeiro in 31st place (score 95.2), jumping 37 and 33 places, respectively. The Brazilian real appreciated nearly 18% against the US dollar last year, causing these Brazilian cities to rocket up the list. Another high-riser in this region is Caracas, jumping 40 places from 129th to 89th (score 79.3). High inflation in Venezuela has caused a sharp increase in the price of food and household products.

South America also has some of the lowest ranking cities globally. Asunción is the least expensive city for the sixth consecutive year (score 52.5), followed by Quito in Ecuador in 142nd (score 54.6), Buenos Aires in 138th (score 62.7) and Montevideo in 136th (score 63.2).

The UK currency has changed the least among the European currencies in relation to the US dollar - this led to decreases in the cost of living ratings of British cities’ ranking in the list of 143. Thus, from the London point of view:

Worldwide Cost of Living survey 2008 – City rankings.

United Kingdom, London, 24 July 2008

Moscow is still the most expensive city for expatriates; Asunción in Paraguay is the cheapest for the sixth consecutive year.
European and Asian cities dominate the top 10.
Weakening of US dollar causes significant changes in rankings.
London drops one place to rank third, with Tokyo climbing to second place.

Moscow is the world’s most expensive city for expatriates for the third consecutive year, according to the latest Cost of Living Survey from Mercer. Tokyo is in second position climbing two places since last year, where as London drops one place to rank third.

Oslo climbs six places to 4th place and is followed by Seoul in 5th.
With New York as the base city scoring 100 points, Moscow scores 142.4 and is close to three times costlier than Asunción which has an index of 52.5. Contrary to the trend observed last year the gap between the world’s most and least expensive cities now seems to be widening.

Mercer’s survey covers 143 cities across six continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. It is the world’s most comprehensive cost of living survey and is used to help multinational companies and governments determine compensation allowances for their expatriate employees.

Yvonne traber, a principal and research manager at Mercer, commented: “Current market conditions have led to the further weakening of the US dollar which, coupled with the strengthening of the Euro and many other currencies, has caused significant changes in this year’s rankings.”

She added: “Although the traditionally expensive cities of Western Europe and Asia still feature in the top 20, cities in Eastern Europe, Brazil and India are creeping up the list. Conversely, some locations such as Stockholm and New York now appear less costly by comparison.

“Our research confirms the global trend in price increases for certain foodstuffs and petrol, though the rise is not consistent in all locations. This is partly balanced by decreasing prices for certain commodities such as electronic and electrical goods. We attribute this to cheaper imports from developing countries, especially China, and to advances in technology.

“Keeping on top of the changes in expatriate cost of living is essential so companies can ensure their employees are compensated fairly and at competitive rates when stationed abroad,” Ms traber observed.

“In some cases, cost of living increases may be correlated to countries with a high rate of economic growth. Companies may assign high priority to expansion in these economies but may have to deal with inflationary pressures due to competition for expatriate-level housing and other services, as observed in our surveys,” she noted.

For example, Latvia had real GDP growth of 10.2% in 2007, well above the global average growth rate of 5.2%, and its capital, Riga, jumped to 46th place in the latest Mercer ranking, up from 72nd a year ago. Cities in India all rose in the cost of living ranking, with New Delhi climbing to 55th place from 68th a year ago, as India posted a real GDP growth rate of 9.2% in 2007. Bogota jumped to 87th place from 112th, reflecting Colombia’s 7% real GDP growth.

Top 50 cities: Cost of living (including rental accommodation costs)
Base City: New York, US (= 100)

The Cost of Living Indices below have been prepared specifically for the purpose of the press release.
The indices are based on Mercer’s cost of living database and are modified to include housing,
and to reflect constant weighting and basket items.

Rank March
2008

Rank
March 2007


  color=”#ffffff”>City

  color=”#ffffff”>Country
Cost of living Index
March 2008
Cost of living Index
March 2007
1 1 Moscow Russia 142.4 134.4
2 4 Tokyo Japan 127.0 122.1
3 2 London UK 125.0 126.3
4 10 Oslo Norway 118.3 105.8
5 3 Seoul South Korea 117.7 122.4
6 5 Hong Kong China 117.6 119.4
7 6 Copenhagen Denmark 117.2 110.2
8 7 Geneva Switzerland 115.8 109.8
9 9 Zurich Switzerland 112.7 107.6
10 11 Milan Italy 111.3 104.4
11 8 Osaka Japan 110.0 108.4
12 13 Paris France 109.4 101.4
13 14 Singapore Singapore 109.1 100.4
14 17 Tel Aviv Israel 105.0 97.7
15 21 Sydney Australia 104.1 94.9
16 16 Dublin Ireland 103.9 99.6
16 18 Rome Italy 103.9 97.6
19 19 Vienna Austria 102.3 96.9
21 22 Helsinki Finland 101.1 93.3
23 38 Istanbul Turkey 99.4 87.7
25 25 Amsterdam Netherlands 97.0 92.2
25 62 São Paulo Brazil 97.0 82.8
29 49 Prague Czech Rep. 96.0 85.6
31 31 Barcelona Spain 95.2 89.2
31 23 Stockholm Sweden 95.2 93.1
35 67 Warsaw Poland 95.0 82.4
37 39 Munich Germany 93.1 87.6
39 44 Brussels Belgium 92.9 86.5
40 40 Frankfurt Germany 92.5 87.4
41 33 Dakar Senegal 92.2 89.0
43 43 Luxembourg Luxembourg 91.3 87.0
45 31 Bratislava Slovakia 90.6 89.2
46 72 Riga Latvia 90.4 81.5
49 59 Zagreb Croatia 90.0 83.5

Mercer is a leading global provider of consulting, outsourcing and investment services. Mercer works with clients to solve their most complex benefit and human capital issues, designing and helping manage health, retirement and other benefits. It is a leader in benefit outsourcing. Mercer’s investment services include investment consulting and multi-manager investment management. Mercer’s 18,000 employees are based in more than 40 countries. The company is a wholly owned subsidia