Fossil Fuels Haven't Lost the Race, Yet. Here's the Full Story

May 7, 2015 by EDF Energy Exchange

Fossil Fuels and Market Competition

A recent Bloomberg New Energy Finance article made a splash saying that fossil fuels “just lost the race against renewables.” It included a chart showing changes in power capacity additions with clear diverging trends. Although this would be a delightful turn of events, we should be wary of putting the cart before the horse.[read more]

Renewables Projected To Add Triple The Capacity Of New Fossil Fuel Plants By 2030

July 3, 2014 by Joseph Romm

Renewables Outpacing Fossil Fuels?

The “world is already adding more renewable-energy capacity each year than fossil fuel capacity,” Bloomberg New Energy Finance (BNEF) explained earlier this year. And BNEF’s just-released 2030 Market Outlook projects that disparity will skyrocket.[read more]

US to Face Profound Economic Risks from Changing Climate

June 30, 2014 by Roman Kilisek

Climate Change and Business Risk

The U.S. economy could face significant and regionally diverse economic risks from climate change if it continues on its current path without proper risk management such as timely “investments in adaptation or policy efforts to mitigate climate change through lowering carbon emissions.”[read more]

More Americans Want Tough Fracking Regulations

January 13, 2013 by Amy Mall

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]

Fresh Messaging Needed For A Sustainable Energy Future

October 12, 2011 by Jim Pierobon

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, 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

July 29, 2011 by Marc Gunther

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]

Mayor Bloomberg Draws The Line Against Closing Indian Point

July 19, 2011 by Dan Yurman

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]

Phyllis Cuttino - Renewable energy tax credits support private investment, key to global leadership

December 28, 2010 by Joseph Romm

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]

Toyota, Tesla and Collateral Use of Advanced Batteries

December 17, 2010 by James Greenberger

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 turns 50 years old

September 15, 2010 by Michael Giberson

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]

China Tops U.S. in Investment Attractiveness for Clean Energy

September 13, 2010 by Teryn Norris

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]

Wind's latest problem: it ... makes power too cheap

April 25, 2010 by Big Gav

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 revenues...[read more]

Alcoa Gets Energy Chill From Australia’s $130 Billion Gas Boom

March 21, 2010 by Big Gav

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]

Pebble-bed reactor loses funding

February 25, 2010 by Dan Yurman

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 service...[read more]

Obama to triple nuclear loan guarantees

January 29, 2010 by Dan Yurman

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]