IEA

American Electric Power's (AEP) Mountain

Global carbon dioxide emissions held steady in 2014 at 32.3 billion tons even though the global economy grew by 3 percent according to the International Energy Agency (IEA). This is the first year since the IEA began tracking carbon emissions 40 years ago that emissions have decoupled from economic growth. Previous instances where CO2 emissions… Keep reading →

New EPA Regulation To Cut Emissions From Coal-Fired Plants In US

The International Energy announced on Friday  that while the world economy grew there was no increase in CO2 emissions in 2014. “This was “the first time in 40 years in which there was a halt or reduction in emissions of the greenhouse gas that was not tied to an economic downturn,” said the agency. Indeed,… Keep reading →

Fracking In California Under Spotlight As Some Local Municipalities Issue Bans

Fatih Birol, the Executive Director of the IEA, said at a recent conference that the US will not become the “next Saudi Arabia”, despite its position among the world’s top oil producers. “US oil production increased significantly and is due to continue to increase. This is excellent news for the United States and world oil… Keep reading →

135th Meeting Of The Organisation Of Petroleum Countries (OPEC) Conference

Saudi Arabia’s oil minister is concerned about potentially disruptive trends that could undermine the oil industry in the coming decades. New technologies and efforts to cut carbon emissions offer potentially existential threats to the world’s most important commodity. Current projections from the IEA and other analysts all forecast demand for oil increasing, with medium-term forecasts… Keep reading →

Energy Secretary Moniz Delivers Address On Energy Supply And Exports

On Friday, Energy Secretary Ernest Moniz made the following statement regarding Dr. Fatih Birol’s confirmation to be the next Executive director of the International Energy Agency (IEA): “As the new Executive Director of the International Energy Agency, Dr. Fatih Birol is an ideal candidate to lead the Agency in a time of global energy transformation.… Keep reading →

Black Friday Shopping Begins On Thanksgiving Evening

Apple, Inc has finalized an historic $850 million agreement to purchase solar power from First Solar, the largest solar developer in the United States. “The deal will supply enough electricity to power all of Apple’s California stores, offices, headquarters and a data center, Cook said Tuesday at the Goldman Sachs technology conference in San Francisco.… Keep reading →

Iguacu Falls A Finalist In New Seven Wonders Of Nature Contest

Until we lose it, many of us take electricity for granted: for the past 100 years, the developed world has grown to expect a constant supply of power at the flick of a switch. However, for many people across the globe, gaining access to a reliable supply of electricity is extremely difficult, if not impossible.… Keep reading →

U.S. Government Releases Over $5 Billion In Aid For Home Heating Bills

Enjoy it while it lasts  When oil prices went from where ever they were to $100 and above, everybody said oil is expensive. Consumers and oil importers complained when it hit $115 in July 2014. Gradually, however, everyone got used to $100+ oil. In the past couple of months, oil prices have plunged, hitting low… Keep reading →

Obama Nominates New Energy Secretary, New EPA Administrator

OK, many already know the US lacks a comprehensive energy policy, but an IEA study released this week reaches that same conclusion. The long-term nature of energy development projects does not mesh well with 2-year and 4-year election cycles. “A chief obstacle in US energy policy a lack of clarity, the report says. This month’s… Keep reading →

sustain

Last week the New York Times reported that, for the first time in history, clean energy resources like solar and wind are becoming cost competitive with conventional coal in some markets. This paradigm shift, where clean energy is beginning to compete head-to-head with traditional energy sources, calls for a change in perspective. This ‘change in perspective’ is… Keep reading →

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