The European Union tossed out a plan to label Canadian oil sands crude highly polluting. “The debate about labelling tar sands, also known as oil sands, dates back to 2009 when EU member states approved legislation with the aim of cutting greenhouse gases from transport fuel sold in Europe by 6% by 2020, but failed… Keep reading →
Lighting “consumes about 19% of the world’s electric power, more than all nuclear and hydroelectric plants can produce together (which is about 15% in total),” according to Grant Feller of the World Economic Forum. With significant future projected power demand and over a billion people without proper access to electricity (see Breaking Energy ‘energy poverty’… Keep reading →
Over the weekend, an estimated 300,000 to 400,000 people gathered in New York City for a rally organized by Peoples Climate, a coalition of more than 1,500 organizations that demand world leaders take action to combat climate change. For all of the media coverage and billboards protesting a plethora of topics such as fracking, the… Keep reading →
The Egyptian government wants the country to receive 20% of its power from renewable energy sources by 2020 and will auction 2GW of wind power capacity and 2GW of solar capacity next month to advance that goal. The country desperately needs to bolster its power generation capacity so it will also seek bids for 4… Keep reading →
Yesterday’s People’s Climate March in New York City drew an estimated 310,000 – 400,000 people, putting it up there with some of the country’s largest historical mass protests. It’s great that so many people are passionate about doing something to address climate change, but it sometimes seems like people are quick to jump behind a… Keep reading →
In light of a marked increase in the number of gas divestments taking place in the Canadian oil and gas sector, Ernst & Young recently looked at a number of forces that are driving companies to shed assets thereby identifying four dimensions – deal strategy, cost management, speed and risk mitigation – as crucial for any… Keep reading →
The companies developing the Leviathan field off the coast of Israel have reportedly signed an initial agreement with a Jordanian power company for a multi-billion dollar, long-term natural gas supply deal. “Under the terms of the latest agreement, the gas is to be sold at oil-linked prices and will be delivered to a border location… Keep reading →
With US natural gas production growth and subsequent natural gas price declines coal has been backed out of the power generation fuel mix to some extent. As a result, US coal producers are exporting greater volumes to European and Asian buyers, which is a trend that alarms many in the environmental community who fear negative… Keep reading →
As oil production volumes from the Bakken Shale formation zoomed past 1 million barrels, farmers watched their grain inventories pile up because they have not been able to book rail shipping capacity fast enough. This article highlights shifting commodity production, pricing and transportation dynamics as the US oil output renaissance coincides with record grain production.… Keep reading →
A proposed coal export terminal in Oregon was denied a permit because the project would cause harm to tribal fisheries along the Columbia River. “Oregon Gov. John Kitzhaber (D) applauded the state agency’s rejection of the permit, telling the Oregonian, ‘Columbia River tribes have fundamental rights to these fisheries,’ and any project that threatens those… Keep reading →
