bloomberg

Amy Mall, Senior Policy Analyst, Washington, D.C.A recent Bloomberg National Poll found that 66 percent of Americans want more government oversight of fracking--a big increase over the last three months. Some people completely oppose fracking, but even those who don't want tough rules and enforcement. Bloomberg quotes...[read more]

Advocates of a more sustainable energy future can blame Solyndra, Al Gore, President Obama, James Hansen, Bill McKibben or environmental interests groups such as the 350.org, Natural Resources Defense Council, Greenpeace and the Sierra Club. The fact is a growing number of, if not most, “green” initiatives are not likely to achieve their...[read more]

Maybe it’s time to stop talking about climate change. And to stop pushing for comprehensive “climate policy.” That’s what New York’s mayor, Michael Bloomberg, did last week when he gave $50 million to the Sierra Club to fight coal plants. Coal plants should be shuttered, he said, because they endanger public health, pollute the air,...[read more]

Governor Andrew Cuomo won't give up on his obsessive quest An unstoppable force has crashed into an immovable barrier in New York. Mayor Michael  Bloomberg (right) in late June went public with blistering criticism that rivals the city's summer heat that can fry eggs on the sidewalk. He told anyone in the news media who cared to...[read more]

Last week, Congress took the opportunity to create jobs and to reinvigorate both our manufacturing base and seize new export markets by passing the extension of the Section 1603 Treasury Grant Program, which allows renewable energy developers to claim tax incentives directly. The extraordinary worldwide growth in clean energy investment...[read more]

Developing a large-scale collateral market for advanced automotive grade batteries is essential to the future of vehicle electrification in the United States and to the future of the U.S. advanced battery and automobile industries. For large format batteries, that collateral market is almost certainly grid-connected, distributed energy storage applications. Developing that market is essential and must become a top priority of national energy policy over the next few years.[read more]

OPEC was founded on September 14, 1960, in Baghdad, Iraq by five oil-exporting countries that decided to join forces to safeguard their legitimate rights and exercise control over their petroleum resources after years of manipulation. From the OPEC “Secretary General’s Message” on the occasion of the 50th anniversary of the organization...[read more]

The failure of the United States to pass comprehensive clean energy legislation does not just pose serious long-term climate risks but also more immediate economic repercussions.  A recent Ernst & Young Renewable Energy Country Attractiveness Indices shows that for the first time China has surpassed the U.S. to officially...[read more]

Jerome a Paris has an interesting post at the European Tribune about the economics of wind power - Wind's latest problem: it ... makes power too cheap. Bloomberg has a somewhat confusing article about the newest complaint about wind power, but the gist of it is that wind power is an issue for the industry because it brings their...[read more]

Bloomberg reports that Alcoa's alumina refinery expansion remains stalled because of an inability to obtain cheap long term gas supplies (as a result of LNG exports forcing local prices towards global levels) - Alcoa Gets Energy Chill From Australia’s $130 Billion Gas Boom (via the FT). The Varanus Island incident a couple of years...[read more]

PBMR to lay off 75% of staff The South African government will stop funding research and development work on the Pebble Bed Modular Reactor (PBMR). About 600 of the 800 staff will be let go which is expected to trigger an exodus of nuclear expertise from the country. Public Enterprise Minister Barbara Hogan told Bloomberg wire...[read more]

Bloomberg wire service reports the increase will be requested in the 2011 budget Two people familiar with the Department of Energy budget for 2011 have told the Bloomberg wire service that the President’s budget for 2011 will include a request to add $36 billion to the nuclear energy loan guarantee program. Bloomberg also reported that...[read more]

In The New York Times on Thursday, I write about a report from Bloomberg New Energy Finance that shows China has become the dominant solar module supplier in the huge California market: China’s rise as a major solar module maker has been meteoric, but perhaps nowhere has its ascension been faster than in California, the United States...[read more]

More evidence is emerging that the Nuclear Power Corp. of India (NPCIL) is planning to finance future nuclear construction through debt financing. Both local and international sources will be tapped. NPCIL plans to raise at least $6.5 billion from local sources, and another 3 billion euros from international lenders. Local funding...[read more]

Caldeira, like the vast majority of climate scientists, believes cutting carbon dioxide and other greenhouse-gas emissions is our only real chance to avoid runaway climate change. “Carbon dioxide is the right villain,” Caldeira wrote on his Web site in reply. He told Joe Romm, the respected climate blogger who broke the story, that he...[read more]