Bill Gates has stated that it’s not enough to use “lots of crazy-seeming ideas” to solve climate change. The cost of such clean energy must be lower than today’s options. [USA Today] The European Union’s trade commissioner told the multinational oil company ExxonMobil that a major free trade deal being negotiated with the US would help… Keep reading →
The supreme court hit the pause button on Barack Obama’s plans to cut climate pollution from power plants, injecting new uncertainty into the viability of Obama’s climate plan once he leaves office in 2017. [The Guardian] European banks appear to face greater long-term exposure to problems in the energy sector compared to U.S. banks, many… Keep reading →
A couple of the big-picture projections in ExxonMobil’s annual global energy outlook: The world’s energy needs will grow 25 percent between now until 2040, with oil, natural gas and coal continuing to meet 80 percent of that demand. Now, read what the energy company says about the future of natural gas: The biggest expected growth… Keep reading →
In a win for the Obama administration and environmental groups, the Supreme Court on Monday upheld a 5-year-old federal program that pays large electric customers to save energy during times of peak demand. [ABC News] Exxon Mobil has claimed oil and gas will still dominate world energy by 2040, in a statement released today as… Keep reading →
Federal officials followed President Obama’s State of the Union pledge to change Washington’s management of fossil fuel resources by announcing the government will stop issuing new coal leases on federal lands. The president’s keep-it-in-the-ground energy strategy, first voiced when he rejected the Keystone XL pipeline last fall, continues unfolding. Unfortunately, the president doesn’t seem aware… Keep reading →
On 12 December 2015, nearly 200 countries reached an agreement that many have described as a historic turning point for global cooperation in addressing climate change.
President Obama delivered his final State of the Union address on January 12, 2016.
Barack Obama promised an overhaul of coal mining on public lands during his final Sate of the Union address, delivering a major blow to the ailing industry. [The Guardian] The solar industry added 35,000 jobs in 2015, up 20% from the previous year, according to the Solar Foundation, a nonprofit in Washington D.C. [CNN Money]… Keep reading →
Barack Obama will look back on 2015 as a banner year for climate change in his final State of the Union address on Tuesday evening. [The Guardian] Energy stocks started well this week as the price of oil turned higher after sliding to its lowest level in 12 years the day before. [ABC] Global surpluses… Keep reading →
The 21st Conference of the Parties to the United Nations Framework Convention on Climate Change concluded last month with the approval of a landmark climate accord that seeks to combat climate change on a global level.
