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Oil

US Financial Support of Green Climate Fund is in America's Interest

November 26, 2014 by Jake Schmidt
3

Benefits of the Green Climate Fund

The U.S. and other countries have pledged resources to help the Green Climate Fund spur emissions reductions in developing countries and assist the most vulnerable in adapting to the impacts of climate change. The U.S. pledge of $3 billion is a serious commitment to helping achieve a climate agreement next year.[read more]

Energy Quotes of the Day: On the EPA's RFS Ineptitude

November 25, 2014 by Jared Anderson
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EPA and the Renewable Fuel Standard

Rumors swirled recently that the EPA would finally announce the 2014 renewable volume obligations – quantity of ethanol and biofuels to be blended into fuel – until the they surprised many by postponing until next year. The renewable fuel standard, as the law is known, has been controversial for years.[read more]

Keystone XL Loses Another Round

November 24, 2014 by Geoffrey Styles
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The image that will stick with me from the recent failed attempt by Senator Mary Landrieu of Louisiana to avoid a filibuster on her bill to approve the Keystone XL pipeline is that of her Senate colleague, Barbara Boxer (D-CA) standing next to a blown-up photo of choking smog, presumably in China.[read more]

The US-China Climate Deal: Don't Get Carried Away

November 24, 2014 by Chris Hope

The US and China announced what has been hailed as a historic deal on greenhouse gas emissions, with China agreeing to cap emissions around 2030 and the US committing to 26 – 28% reductions by 2025. What does this actually mean for the climate and for the damage that climate change might bring?[read more]

Energy Department Authorizes Freeport LNG Exports

November 23, 2014 by Jared Anderson
1

LNG Exports

The United States Department of Energy has granted Freeport LNG two final authorizations to export natural gas to non-Free Trade Agreement countries. The ruling authorizes Freeport to export up to 1.8 billion cubic feet of LNG per day for 20 years.[read more]

Energy from Ice and the World's Largest Battery; Texas Looks to Join the Energy Storage Game

November 23, 2014 by Lexie Briggs
7

Recent Energy News Stories

Ever since California’s Public Utilities Commission announced a new energy storage mandate last year, the storage market in California has exploded. Last week, Southern California Edison (SCE) announced that it would acquire 250 MW of energy storage system as part of a larger plan.[read more]

A Carbon Tax on Me: How to Cut Emissions, Save Money, Invest for the Future and Help End Energy Poverty

November 22, 2014 by David Lawrence
4

Amidst politics, hyperbole, gridlock, bipartisanship, skepticism, cynicism, advocacy and denial, we as individuals can feel powerless in making a substantial difference in the world in which we live. Yet each of us can contribute to solving issues which matter most to us.[read more]

Energy Quote of the Day: 'The West Will Have to Recognize we Have the Needs of the Poor'

November 22, 2014 by Jared Anderson
1

Energy Development and Energy Poverty

Notoriously complex global energy issues encompass science, economics, politics, the environment, demographics and social dynamics. One of the most stubborn problems is finding a way to simultaneously address energy poverty while reducing global carbon dioxide emissions.[read more]

The Planet Just Had Its Hottest October On Record

November 21, 2014 by Joseph Romm

October Temperature Records

The Japan Meteorological Agency (JMA) reports that last month was the hottest October in more than 120 years of record-keeping. This follows the hottest September, August, June, and March-May in JMA’s records. Projections by NOAA make clear 2014 is increasingly likely to be hottest year on record.[read more]

Energy Quote of the Day: 'A Well-Supplied Oil Market in the Short-Term Should Not Disguise the Challenges...'

November 21, 2014 by Jared Anderson
3

Oil Market Challenges

While the current focus is on declining oil prices – which hit four-year lows recently – the longer-term oil market picture could feature downward supply pressure and a demand surge that forces prices right back up, according to IEA’s flagship World Energy Outlook 2014.[read more]

Five Juniors that Insulate Investors from Today's Low Oil Prices: Interview with Angelos Damaskos

November 21, 2014 by Jim Patrick

Angelos Damaskos is the founder and CEO of Sector Investment Managers Ltd. of London, a regulated investment advisory company. He is the Principal Adviser of the Junior Oils Trust and the Junior Gold Fund. The Junior Oils Trust focuses its investments in smaller oil and gas exploration and production companies.[read more]

Senate Rejects Bid to Force Approval of Keystone XL Tar Sands Pipeline

November 20, 2014 by NRDC Switchboard
2

The U.S. Senate defeated an effort to approve the Keystone XL tar sands pipeline. This bill would have turned Congress into a permitting authority, overriding environmental law, and giving a green light to a pipeline project that would worsen climate change and threaten water quality.[read more]

Keystone Falls Short in Senate, Cable News Battle Continues

November 20, 2014 by Matthew Nisbet
1

Keystone XL and Cable News

In the U.S. Senate Tuesday evening, supporters of the Keystone XL oil pipeline failed by a single vote to pass a bill approving the project. As the battle over the pipeline lives on for at least a few more months, a forthcoming study indicates that cable news and other partisan news outlets have played a significant role in distorting how Democrats and Republicans view even the most basic facts of the debate.[read more]

Study Finds no Energy-Related Water Contamination in Bakken Region, But...

November 20, 2014 by Jared Anderson

Bakken Fracking and Water Risk

Oil and gas development in the Williston Basin of North Dakota and Montana has not impacted shallow water resources, according to a new study. However, the age of the groundwater sampled and the sample locations indicate additional research should be conducted to fully evaluate energy production impact.[read more]

U.S Commits $3 Billion to Green Climate Fund

November 19, 2014 by Tom Schueneman
1

Green Climate Fund and Funding

On Friday, sources revealed the Obama administration’s intention to pledge $3 billion to the Green Climate Fund (GCF) to serve as a “call to arms” for focusing attention on climate change at the G20 summit over the weekend in Brisbane, Australia.[read more]