Oil prices spiked to a record high above $129 (U.S.) a barrel. "This stubborn oil bull just refuses to die," said Phil Flynn at Alaron Trading.

150$ to be crossed soon?

Source: theglobeandmail.com

Scientists estimate that 20,000 to 25,000 polar bears live throughout the Northern Hemisphere in areas that are covered by sea ice for extensive periods. Two-thirds of the world's polar bears could disappear by 2050 as global warming continues to melt the Arctic's sea ice, according to a series of U.S. government studies.

Without efficient and rapid measures of protections, polar bears could disappear within a few decades.

Air pollution is a rising and pervasive threat to cardiovascular health, but most Canadians don't realize the danger, says the Heart and Stroke Foundation of Canada. In its annual report on Canadians' health, the foundation said short-and long-term exposure to year-round air pollution is contributing to thousands of deaths across the country each year.

The French government announced a FeeBate system with the "Ecological Bonus" applying to vehicles with low CO2 emissions. The highest bonus, 5000 Euros (roughly $7500), applies to super-low emitters, less than 60 g de CO2/km which includes electric vehicles.

We've already burned through almost half the world's supply of oil, petrol barrel keeps increasing as well as carbon emissions... How will we ride out the slide down the other side of the curve?