Last week, Haresh Patel, CEO of Mercatus Inc, a software solutions and management services company for energy investors, was in New York to discuss the current state of renewable energy industries at the 12th Annual REFF-Wall Street Conference. Their Energy Investment Management (EIM) software has processed over 50 GW of renewable energy power at the utility, commercial and residential scale. He… Keep reading →
Amazing regulation is bad for Shell, walruses, and people, all at the same time.
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance, geology,… Keep reading →
Solid economic growth, low inflation, and comfortable international reserves offer a hopeful story line in a war-torn region, but continued chaos in Syria and Iraq will continue to threaten the kingdom’s stability. Jordan featured prominently in the June 20 commemoration of World Refugee Day — and for good reason. According to Jordanian authorities, Syrian refugees… Keep reading →
Barack Obama and Dilma Rousseff put climate change at the top of their agenda, with the US and Brazil agreeing to obtain up to 20% of their electricity from renewable power by 2030. “Brazil also committed to restoring up to 12m hectares of forest – an area about the size of England or Pennsylvania –… Keep reading →
As part of the Energy Department’s effort to support U.S. businesses working to save money by saving energy, the Better Buildings Alliance’s Lighting Energy Efficiency in Parking (LEEP) Campaign recognized 18 organizations for leading the way in efficient outdoor lighting today. In the past year, these organizations have committed to install efficient lighting across more… Keep reading →
The U.S. Supreme Court issued its opinion in Michigan v. EPA, reversing a ruling by the U.S. Court of Appeals for the District of Columbia Circuit and holding that the U.S. Environmental Protection Agency (EPA) must consider costs of compliance before deciding whether to regulate hazardous air pollutants (HAPs) emitted from power plants.
Last week we looked at the potential impacts on domestic energy production and U.S. households of two approaches to energy policy described in Wood Mackenzie’s new study. Today, let’s focus on jobs. Again, here’s Wood Mackenzie’s overview chart showing, side-by-side, the effects of pro-development energy policies (green column) and regulatory-constrained policies (red column): Note the… Keep reading →
A few days ago, economists from the University of Chicago and the University of California, Berkeley released a study that called into question the cost-effectiveness of energy efficiency. The study was based on the team’s analysis of energy savings shortfalls in the Michigan low income Weatherization Assistance Program. Since then, a host of articles have… Keep reading →
Energy News Roundup: SCOTUS Deals Hammer Blow To EPA, New Study Raises Concerns Over Ice Caps & Austrian Gov To Challenge Nuclear RulingBy Conor O'Sullivan
The Supreme Court dealt a major blow for clean energy companies by voting against mercury regulations as part of the Clean Air Act. “The Supreme Court ruled Monday the EPA has to factor in the costs of regulations aimed at curtailing mercury and other toxins from coal-burning power plants. Shares of the iShares Global Clean… Keep reading →
Energy Department Authorizes Sabine Pass Liquefaction’s Expansion Project To Export Liquefied Natural GasBy U.S. Department of Energy
WASHINGTON – The Energy Department has announced that it has issued a final authorization for Sabine Pass Liquefaction, LLC’s Expansion Project (Sabine Pass) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States. The Sabine Pass LNG Terminal in Cameron Parish, Louisiana… Keep reading →