The world’s 11 “largest” listed oil companies were recently compared on a reserves basis, ostensibly to help investors analyze the firms. But “largest” and “resources” were not defined, and international oil companies were compared with national oil companies, which leaves plenty of questions. [Wall Street Journal] Mexico announced it will alter its constitution to allow… Keep reading →
Expectations that we are on the verge of a global transition from fossil fuels to clean energy sources may be mistaken. “Humanity is not entering a period that will be dominated by renewables… investment in unconventional fossil-fuel extraction and distribution is now expected to outpace spending on renewables by a ratio of at least three-to-one in the… Keep reading →
Just because one energy source yields fewer emissions than another doesn’t mean it’s overall better for the environment. “The environmental benefits of an energy diet low in carbon emissions might be diminished by increased water consumption (or waste), and the unforeseen tradeoffs between the two resources can hurt us in the long run,” writes Environmental… Keep reading →
In the wake of President Obama’s speech last week about a Climate Action Plan that would seek to limit carbon dioxide emissions from power plants, opponents of new emissions standards have warned of the potential negative impact on electricity costs and economic growth. The Natural Resources Defense Council has sought to counter those claims with the… Keep reading →
There’s always a risk in being the first – in forging ahead without following someone else’s footsteps. California took on that challenge six years ago, adopting the country’s first low carbon fuel standard (LCFS). Today, however, the risks are receding and the rewards are becoming increasingly clear – for consumers, businesses, and the climate. That… Keep reading →
With the Solar Impulse plane on a flight path now headed toward New York, it seemed only natural to focus on the quiet transformation happening in the airline fuel business which refiners should be taking very seriously. The idea of using sustainable, cleaner burning fuels for aircrafts has been around for a while. However, considering… Keep reading →
Logging could result in large amounts of carbon being released from deep in forest soils, according to a new study. It’s a timely report given Europe’s growing embrace of wood as a carbon neutral energy source. That Europe is relying on wood to meet its renewable energy goal of 20 percent by 2020 might surprise… Keep reading →
Organic Rankine Cycle Biomass Power System
The UK government, corporations and the general population find climate change to be a pressing issue and some prominent corporate actors are tapping into global supply chains to power their operations with increasing amounts of renewable energy as a means of curbing carbon emissions. Keep reading →
The world’s biggest companies are developing concrete strategies for confronting the potential for higher energy costs in the future. In fact, 70% of the world’s billion dollar businesses are planning to put more time and money into generating their own power, growing their renewables portfolios and ramping up energy efficiency efforts, according to a new survey report from Ernst & Young.
The survey was conducted with 100 global company executives working in sectors that use a lot of electricity. Here are some of the interesting numbers set out in the survey report: Keep reading →
