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Internalized Costs Results from the Seeking Consensus Project

April 27, 2015 by Schalk Cloete

Analyzing Internalized Costs

The results are finally in regarding the internalized cost estimates that have been collected over the course of the Seeking Consensus project. Please feel free to have a good look at the various data, and be sure to join in the discussion of the results.[read more]

Is the End Really Nigh for Fossil Fuels? Or is the Future Simply Advanced Energy?

April 24, 2015 by Lexie Briggs
7

Advanced Energy and Fossil Fuels

“Fossil Fuels Just Lost the Race Against Renewables,” reads the hyperbolic headline from Tom Randall, writing for Bloomberg Business. This report of the death of fossil fuel-powered electricity generation is exaggerated. But look closely; the triumph of advanced energy seems even more of a sure thing.[read more]

Increasing Domestic Production of Crude Oil Reduces Net Petroleum Imports

April 24, 2015 by U.S. EIA: Today in Energy

Crude Oil Production Impacts

In its recently released Annual Energy Outlook 2015, the EIA expects United States crude oil production to rise through the year 2020 as oil prices recover from their steep decline, reducing net petroleum (crude oil and petroleum products) imports.[read more]

Methane Emissions from Oil and Gas are on the Rise, Confirm Latest EPA Data

April 24, 2015 by EDF Energy Exchange
1

Methae Emissions Rise

Methane emissions from the US oil and gas sector increased, according to new data finalized today by the Environmental Protection Agency. Sadly, the figures come as no surprise, based on preliminary numbers and plenty of other observations, both scientific and anecdotal.[read more]

Can the U.S. Afford to Exclude Military Security from its Arctic Council Chairmanship Agenda?

April 22, 2015 by Roman Kilisek

Arctic Council Agenda

At the next Arctic Council Ministerial Meeting held in Iqaluit, Nunavut (Canada) on 24-25 April 2015, the US will take over chairmanship of the Arctic Council from Canada for the next two years until May 2017. This comes at a time of unprecedented geopolitical volatility and tension.[read more]

Deepwater Horizon Disaster: Five Years Later

April 22, 2015 by Ripudaman Malhotra

Five years ago the BP Deepwater Horizon (DWH) oil well in the Gulf of Mexico burst into flames following a blow out. Eleven workers died in the accident and 11 others were injured. Oil and gas gushed out for months from the broken pipe at the floor of the sea.[read more]

Teck Resources: Rough Road For Oil Sands Investments

April 22, 2015 by Deborah Lawrence
2

Teck Resources, a Canadian company that built its business on mining of minerals and metallurgical coal, has ventured more recently into two major oil sands projects in Alberta, including the Fort Hills Mine and the proposed Frontier Mine. Teck has reported significant financial losses over the past three years[read more]

U.S Energy-Related Carbon Dioxide Emissions Increase in Past Two Years

April 22, 2015 by U.S. EIA: Today in Energy

U.S. Carbon Emission Increase

For the second year, energy-related CO2 emissions in the U.S. have increased. However, unlike 2013, when emissions and gross domestic product (GDP) grew at similar rates (2.5% and 2.2%, respectively), 2014's CO2 emissions growth rate of 0.7% was much smaller than the 2014 GDP growth rate of 2.4%.[read more]

Energy 24/7: Shale Debt - Again? [PODCAST]

April 21, 2015 by Deborah Lawrence

Much of the debt issued by shale operators has been high yield or what is commonly referred to as junk. According to the Wall Street Journal junk bonds have financed the U.S. shale boom, and now the sharp drop in oil prices could lead to a massive wave of defaults on that high-yield debt.[read more]

Climate Change in UK General Election Manifestos

April 21, 2015 by Adam Whitmore
1

Climate Change and UK Politics

Comparing manifestos for May’s United Kingdom general elections highlights important similarities as well as differences among the parties. All of the manifestos published by UK-wide parties make reference to climate change policy, but to greatly differing and telling extents.[read more]

Understanding Obama's Budget Proposal for Clean Energy and Climate Investments

April 21, 2015 by Joseph Nyangon

President Obama has released a $4 trillion budget proposal for 2016. It contains a range of programs designed to encourage deployment of the next generation clean energy and energy efficiency technologies. Here are the top five things to know about the budget for clean energy and environmental investments.[read more]

Crude Prices Surge as the Pieces Fall Into Place

April 20, 2015 by Robert Rapier
1

I have been pretty adamant — some may say that I have been stubbornly adamant — about my expectations for crude oil prices this year. I have argued against the notion that crude oil prices were going to fall to $20 or $30/bbl, for several reasons.[read more]

Carbon Pricing: Accounting Isn't Enough

April 20, 2015 by David Hone
4

Unless a carbon price makes its way into the whole global energy system, then its success in bringing down emissions is far from assured. While local carbon pricing wins will appear, the global effort could be undermined by a lack of global coverage.[read more]

Household Spending on Gasoline and Public Transit Varies by Region, Income

April 19, 2015 by U.S. EIA: Today in Energy

Houshold Spending on Transit and Fuel

Households in different regions of the United States have similar average combined spending on gasoline and public transit, but the composition of that spending varies significantly across regions. In 2013 the average household spent $3,148 annually on gasoline and public transit.[read more]

Putting the Real Story of Energy and the Economy Together

April 17, 2015 by Gail Tverberg
11

Workers and Energy Economics

What is the real story of energy and the economy? We hear two predominant energy stories. One is the story economists tell: The economy can grow forever; energy shortages will have no impact on the economy. We can simply substitute other forms of energy, or do without.[read more]