The American Petroleum Institute today unveiled a new study that details recent US oil and gas industry greenhouse gas emissions reduction success. The trade group also announced a new national print ad campaign that illustrates the industry’s petroleum development commitment and ways tax policy can impact oil and gas development. API President and CEO Jack… Keep reading →
US Energy Secretary Ernest Moniz has alluded to the promise of small modular reactors (SMRs) multiple times over the past few months, noting that they may offer benefits in terms of financing, costs and security, but warning that realistic expectations suggest these reactors are unlikely to come onstream for almost a decade. “We remain very… Keep reading →
The Mexican energy industry has remained closed to foreign investments since 1938 and its people have taken great pride in its energy independence. But President Enrique Peña Nieto hopes to revolutionize the country’s outdated energy policies with the reform bill he proposed August 12. The bill, which still has to be approved by Congress, would amend… Keep reading →
At a at Columbia University event on July 26, Energy Secretary Ernest Moniz pointed out hydraulic fracturing’s central role in driving coal-to-gas switching in the power generation sector, the driving force behind faster-than-expect reductions in US carbon dioxide emissions. But he stressed that its climate benefits will not last indefinitely. “Is natural gas part of the… Keep reading →
Efforts to reduce carbon dioxide emissions from power plants outlined in President Obama’s Climate Action Plan have been widely denounced by opponents as tantamount to a War on Coal. Curbing power plant emissions will have an outsized impact on coal-fired plants for the simple reason that coal emits more carbon dioxide when burned than other… Keep reading →
Carbon dioxide emissions costs have been possibly the great ‘unpriced externality’ for the energy business for more than a decade. Companies have resisted complex and cumbersome government plans only to end up with regional patchworks and failed private pricing mechanisms for the greenhouse gas that scientists have held most directly responsible for the lion’s share of human-contributed… Keep reading →
Bypassing Congress, president outlines ambitious climate agenda Perhaps, like the rest of us, President Obama does most of his reading – and thinking – when he is away from the office on travel. Speaking in Berlin in June following the G8 summit – which may be characterized as a futile annual shindig in search of a… Keep reading →
Texas is a surprising poster-child for robust investment in renewable energy generation. “No other State comes close to Texas’ more than 12 GW [gigawatts] of installed wind capacity,” says economic and financial research firm the Brattle Group in a report for the Texas Clean Energy Coalition, Partnering Natural Gas and Renewables in ERCOT. Both gas and wind… Keep reading →
Air pollution increased rapidly along with industrial growth during the last century. Major pollutants include SO2, NOX, suspended particulate matter, and carbon. Recently, CO2 has been suspected of being a major greenhouse gas that may contribute to what some call the climate change phenomenon. The relationship between CO2 and climate change remains unclear. Fossil-fuel burning… Keep reading →
