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Issue November 13, 2007
Dear Reader, With oil prices headed towards 100 dollars per barrel, it is time for a closer look at the world’s energy future. Our energy profiles provide a good introduction to the world’s current energy mix. We also look into the problem of energy security and how countries can keep the lights from going out.

Energy fund manager Christopher Wheaton of Allianz Global Investors cuts through the hype and gives an insider’s view of oil prices, Russian gas, nuclear power, and renewable energy. We also spoke to Fatih Birol, chief economist at the International Energy Agency, about their latest report on global energy trends. Finally, Hans Verolme, director of WWF’s Climate Change Program, tells us why the climate change fight cannot be won without finding better energy sources.

If you are concerned about our energy future, please share the knowledge provided by Allianz experts and our partners. Enjoy our latest newsletter, visit the Allianz Knowledge Partnersite, and find out more!

Your Allianz Knowledge Team
Most Recent Media
Gas: The Cleanest Fossil Fuel
Some of the most important energy sources at a glance
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Partner of the Month
World Wide Fund for Nature (WWF):
Making the leap to a clean energy future
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Allianz Expert
Energy Fund Manager Christopher Wheaton:
"The Age of Easy Energy Is Over"
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Top Story Energy and CO2: Peak Oil and the Energy Remix One day the world’s oil production will peak and start to decline. No one really knows if it will happen in five, ten, or twenty years, but it will happen. Added to the specter of falling supply and 150-dollar barrels of oil are concerns about global warming. Are we acting fast enough to ensure a secure and cleaner energy future?
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News Germany: New Climate Bill Will Save Five Billion Euros Climate protection will save us a lot of money, concludes a new study by the German environment ministry. Germany's new climate strategy is expected to cost some 31 billion euros by 2020, but will help save some 36 billion euros through improved energy efficiency.
News to use Energy and CO2: Blackout The Internet and all the computers linked to it consume an estimated five percent of the world’s energy production. “Blackle” is a new website designed to make surfing the web at little bit more energy efficient. It is just like the ubiquitous Google search engine except that Blackle is, well, in black. You get the same search results, but your monitor needs less energy to display a dark screen than the classic Google homepage. The difference might seem small, but it could add up if hundreds of millions of Google users turn to the dark side.
Editor's Choice Energy Profiles: The Stuff that Keeps the World GoingWhat is “clean coal”? How much energy can we produce from wind? Read our energy profiles to learn more about the most important current and future sources of power.> more
Calendar November 11th | World Energy Congress Every three years, politicians, businesses, and NGOs gather for the World Energy Congress to discuss future energy trends. This year’s meeting takes place in Rome from November 11 to 14, and will focus on renewable energies and climate change. The future of fossil fuels, especially oil, will be another key topic.

Keynote speakers like European Commission President Jose Manuel Barroso and World Trade Organization President Pascal Lamy will attract worldwide media coverage.
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November 19th | International Renewable Energy Storage ConferenceOne of the biggest problems with renewable energy is its volatility. There is no wind power on a calm day and no solar power at night. New solutions to store energy are thus crucial to using more renewable energy. The Second International Renewable Energy Storage Conference (IRES II) in Bonn, Germany from November 19 to 21 will address this tricky question. IRES II will look at the current status of energy storage technologies and new approaches to electricity and heat storage. It will be held in parallel to the Second World Renewable Energy Assembly.> more
Knowledge Newsletter December: The Bali Climate Summit: Climate Policy after Kyoto

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