Since 2010, the United States has been undergoing a second shale revolution with the very rapid development of Light Tight Oil (LTO) or shale oil, following the revolution in shale gas. This development has allowed the production of oil and liquids to increase, so that the US is the world’s largest producer today, ahead of Saudi Arabia and Russia.

This article, issued after Asia Center and ASEF's international conference on coal issues in China (26th and 27th of June 2014 in Beijing), tackles the challenges the country is facing in restructuring its coal industry, in a context of severe and recurrent air, soil and water pollution outbursts.

-by building dissonance within. Some like to remember fondly the call by Ronald Reagan for Gorbachev “to tear down this wall”. The United States “Won the Cold War” said George Bush Senior in his State of the Union Address. We need to step back and recognize with some humility that the Soviet Union fell largely of its own weight rather than as a result of external pressure. Again today Russia is economically weak. It has become an exporter of raw materials, its industrial sector is weak, and its revenues are already falling. Conditions now offer the opportunity to aggravate Russia’s economic frailty – let’s focus on that.

Poll numbers are the life blood of politics these days. Anything expressed in digits has a claim to truth that assertions without digits cannot make. They inspire confidence - especially among those aspiring to public office - that they actually understand what public sentiment is. If you lived between nuclear-armed Israel and Pakistan and had as many world class enemies as Iran has accumulated - would you give up your pursuit of a nuclear weapon?

The shale gas revolution has led to strong falls in energy prices, reducing significantly the raw material costs of the US petrochemical industry. Between 2008 and 2012, US gas prices fell by two thirds.

Under human pressure, many changes are taking place in the resources and the environment of Earth. An increasing global population fuels the need for food, natural resources and land. Consequently, the need for maintaining a capacity to observe and understand the Earth system and the biophysical processes has become a key element for the sustainable management of the planet’s natural resources. The SPOT-Vegetation instruments have significantly contributed to reach this goal.

The US shale gas revolution has shaken global gas markets. The US is on the eve of becoming self-sufficient in natural gas (and oil), thanks to the massive discoveries of unconventional resources on their territory, while being able to export part of their production. These developments have been closely watched by traditional oil and gas producers.

The European Refining sector is in crisis. The wave of refineries closures has spared no EU Member States.