Sign up | Login with →

recession

Efficiency, Not Just the Recession, Drove US Energy Savings Since 2007

March 24, 2014 by Katherine Tweed

Energy Efficiency and the Recession

The growth of electricity use has been falling for decades, but it will likely flatten out in coming years to an annual growth rate of less than 2 percent. The decline is due to many factors, from changing weather and economic recessions to the wider adoption of energy efficiency measures.[read more]

Rising Energy Costs Lead to Recession; Eventually Collapse

October 25, 2013 by Gail Tverberg
39

Population Growth and Energy

How does the world reach limits? This is a question that few dare to examine. My analysis suggests that these limits will come in a very different way than most have expected–through financial stress that ultimately relates to rising unit energy costs.[read more]

Ireland Launches Energy Efficiency Fund

March 5, 2013 by Clare Taylor

energy efficiency fund

Despite – or perhaps because of - the acute economic recession in Ireland, the Irish government has earmarked USD 45 million in seed capital for a new energy efficiency fund to help reduce the cash-strapped nation’s energy consumption by 20%.[read more]

How High Oil Prices Lead to Recession

January 25, 2013 by Gail Tverberg
6

There is ample evidence that spikes in oil prices leads to recession, at least in the US, which is an oil-importing nation. James Hamilton has shown that 10 out of the last 11 US recessions were associated with oil price spikes. How does this happen? An oil product, such as jet fuel, is in some ways analogous to a specialized employee, with skills different from what human employees have.[read more]

Vestas Lays off 10% of Workforce, Restructures Management

January 16, 2012 by David Thorpe

How the world's largest wind turbine manufacturer Vestas is laying off 10% of it's global workforce, halting production at one of its 26 plants. What does this mean for the company, and, more significantly, for the global wind industry in 2012?[read more]

Let’s Shelve the Small Talk: Boost Energy Innovation to Reduce America’s 3 Deficits

December 9, 2011 by Matthew Stepp

 Robert Solow, Nobel laureate and father of neoclassical economic growth theory, says that policymakers’ current economic solutions are nothing more than “drivel” and that spurring innovation – especially energy innovation – must be a central goal of public policy moving forward.   As ITIF and the Breakthrough Institute...[read more]

US To Be A Net Exporter of Petroleum Products- Is This A Good Thing?

December 7, 2011 by Geoffrey Styles

US petroleum product exports have been in the news, along with the welcome discovery that we are apparently on track to become a net exporter of these fuels this year, for the first time since the 1940s. This is a far cry from energy independence, as various oil skeptics have been quick to point out, but it's still a noteworthy...[read more]

Will Energy Determine the 2012 Election?

November 8, 2011 by Geoffrey Styles
10

A year from today Americans will know who will serve as President from 2013 to 2017. Even though $4 gasoline was still fresh in the minds of voters, energy played only a minor role in the outcome of the 2008 election, overshadowed by two wars and a crippling financial crisis. Will that be the case again in 2012, or will energy loom larger, propelled by its close connection with the economy? Several Republican candidates have already raised energy as a campaign issue, and the administration has repeatedly emphasized the linkages between energy, jobs and taxes.[read more]

Renewable Energy Faces the European Debt Crisis

September 18, 2011 by Geoffrey Styles
2

With all the bad economic news and political turbulence in the US, it's been easy to lose track of the sovereign debt crisis in Europe, which appears to be spreading from smaller, peripheral countries like Greece to affect the banking systems of core European Union members like Italy and France. To read Paul Krugman's column in last Sunday's New York Times, Europe could be on the verge of another financial crisis on the scale of the one triggered by the collapse of Lehman Brothers in 2008. Aside from the global economic consequences of such an event, it would send ripples throughout the energy sector, affecting both conventional and renewable energy markets and participants. While such an outcome is far from certain, it's a worrying scenario to contemplate.[read more]

The American Jobs Act's Poison Pill(s)

September 13, 2011 by Geoffrey Styles
10

I had a completely different topic in mind for today's posting, but I'll have to come back to the energy implications of a potential European financial crisis later. Since President Obama's jobs speech to Congress last week I have been awaiting the text of the actual proposed bill, rather than the summaries I'd been seeing. It finally...[read more]

JOBS! JOBS! JOBS!

September 9, 2011 by A Siegel
4

We are less than two days out from President Barack Obama’s speech to a Joint Session of Congress and to the nation to outline proposals to help put Americans back to work. This speech could be a strident call for all-out measures to reinvigorate American employment, a more limited set of programs constructed and conceived within a...[read more]

Breaking the Link Between Energy Consumption and Economic Growth

May 10, 2011 by Sierra Martinez
1

There are skeptics of energy efficiency who claim that, paradoxically, all the energy and money we have been saving due to energy efficiency, across all sectors of the economy, has actually caused us to increase our energy consumption.  This “economy-wide rebound” theory is a startling, but ultimately unsupportable, theory that is...[read more]

The Challenge Isn’t Going Away: Clean Energy, Jobs and National Security

January 4, 2011 by Osha Davidson
4

In April, 2007, Speaker of the House Nancy Pelosi created a congressional committee to address three of the most pressing issues of the day: climate change, economic prosperity (in the form of jobs), and national security. Today, the House Select Committee on Energy Independence and Global Warming, issued a final report. After three-and-...[read more]

Explaining residential electricity consumption: macroeconomic implications

January 3, 2011 by Lynne Kiesling

At Grist, Sean Casten muses on the macroeconomic implications of trends in electricity consumption. His musings focus on the established correlation between electricity consumption and economic activity, an association that he fleshed out in an earlier post. In these two posts he looks at trends in residential, commercial, and industrial...[read more]

Coal Power Hit Hardest by Recession, Cleaner Energy Sees a Rise

June 15, 2010 by Taylen Peterson
1

New information released by the Energy Information Administration (EIA) shows that over the last two years, coal-fired electricity suffered where renewable energy shined. From 2008 to 2009, energy consumption in general was down 4%, due almost totally to the recession, or as placating pundits like to call it, the economic downturn...[read more]