OECD

Texas Oil Companies Work To Adapt To Falling Oil Prices

EIA’s International Energy Outlook 2017 projects that world energy consumption will increase by 28% from 2015 through 2040.

NYSE

Credit investors who lent $11 billion to Chesapeake Energy Corp. are starting to give up on the company, the second-biggest junk-debt issuer in the U.S. energy industry. [Bloomberg] Mayor Bill de Blasio has set an ambitious goal of reducing greenhouse gas emissions by 80 percent by 2050 from curtailing the city’s waster from home heating.… Keep reading →

Demand For Natural Gas

The world’s leading developing nations are spending up to $200bn a year subsidising fossil fuels, according to a report from the OECD. [The Guardian] 100 percent renewable energy is achievable by 2050, according to Greenpeace’s latest Energy Revolution report. [EcoWatch] The British government said on Monday that it would provide $3.1 billion in state aid for… Keep reading →

President Obama Visits Largest Photovoltaic Plant In U.S. In Nevada

Barack Obama and Dilma Rousseff put climate change at the top of their agenda, with the US and Brazil agreeing to obtain up to 20% of their electricity from renewable power by 2030. “Brazil also committed to restoring up to 12m hectares of forest – an area about the size of England or Pennsylvania –… Keep reading →

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 →

Anti-Coal Protesters Form Human Chain Across German-Polish Border

Pollution is one of the many environmental challenges facing the world today. The impact of pollution is more severe in developing countries, leading to ill health, death and disabilities of millions of people annually. Developed countries have the resources and technologies to combat pollution. As a result of the health risks and the potential impact… Keep reading →

St. Petersburg International Economic Forum

This second of three articles on how Gazprom is attempting to revamp its natural gas export strategy in Europe addresses a crucial element for the strategy’s success: Gazprom’s accumulation of gas storage capacity in Germany. Driven by the fact that many governments in OECD Europe have made commitments to reduce carbon dioxide emissions to 20… Keep reading →

Louisiana Oil Industry Recovers From Katrina Devastation

The U.S. ranks 5th out of 13 heavily oil-dependent countries that are highly vulnerable to global oil price fluctuations. On October 14, 2013, Securing America’s Future Energy and Roubini Global Economics released the Oil Security Index, which assesses the relative oil security of 13 countries including the U.S.  The report emphasizes the need for active measures… Keep reading →

Bay Area Transit Workers Go On Strike

In 1956, a little-known geologist named Marion King Hubbert published a paper predicting that oil supplies were destined to reach a peak as the cheap and easy to tap reservoirs were depleted over time. He predicted that US oil production would peak somewhere between the late 1960s to early 1970s. Others, including oil financier Mathew… Keep reading →

US President Barack Obama walks the West

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 →

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