It was No. 2 on Indiegogo’s list of “7 campaigns that will make the world a little (or a lot) better” late last week – right after Jet Ski for Goats – but Solar Roadways was No. 1 in grabbing the cash. The concept that proposes to replace the nation’s paved surfaces with solar panels… Keep reading →
It is no news that across the African continent infrastructure investment and thus development has lagged behind. According to estimates by Jean Claude Gandur, founder of Addax Energy, Africa has been investing 4 per cent of its GDP in infrastructure, compared to China’s 14 per cent. Nevertheless, a recent report by the World Economic Forum,… Keep reading →
China’s highly anticipated pilot carbon markets are up and running, with the notable exception of Chongqing, but already the lack of transparency, pressure from big business and government-owned enterprises, manipulation of data and over allocation of allowances are proving to be hurdles for success. High levels of liquidity are not the end-goal for a… Keep reading →
In the aftermath of the financial crisis of 2008-2009 the public learned that using a so-called “bad bank” concept can indeed work ‘nicely’ if a clear line between good and bad assets can be drawn. In this way, the severely impacted financial institutions were able to improve their financial strength – with toxic assets off… Keep reading →
The utility industry, legal community, environmental organizations, analysts and other stakeholders are eagerly awaiting the EPA’s new guidelines for reducing carbon dioxide under the Clean Air Act for existing power plants. The rule is scheduled to be announced June 2nd. President Obama has acted aggressively to bypass congress on climate change legislation by using the… Keep reading →
The Supreme Court upheld EPA’s air pollution rule that regulates cross-border emissions of 28 upwind states to address downwind states’ compliance with air quality standards. On April 29, 2014, the U.S. Supreme Court reinstated the Environmental Protection Agency’s (EPA) Cross-State Air Pollution Rule (CSAPR), reversing an August 2012 decision by the U.S. Court of Appeals… Keep reading →
Statoil’s CEO Helge Lund gave keynote remarks to the audience at Columbia University’s Center on Global Energy Policy Spring Conference last week. He also engaged in some Q&A with IHS Vice Chairman and author of The Prize Daniel Yergin, who asked Lund about how Europe looks at the US unconventional production boom predominantly fueled by… Keep reading →
Texas both produces and consumes more energy than any state in the U.S. It controls one-quarter of U.S. proven oil reserves. Energy companies looking to grow or to establish a U.S. presence set up operations in Texas. The primary electricity transmission system in Texas is independent of the rest of the country (a long-time source… Keep reading →
Peak solar & wind power production in Germany are considerably lower than installed capacity The EU Commission recently unveiled new regulations for the period 2014 to 2020 to gradually phase out support for renewable energy technologies. In a press release the commission stated the guidelines are intended to “promote a gradual move to market-based support… Keep reading →
The US energy production renaissance is having a profound impact on the country’s supply/demand fundamentals, rewriting the script with regard to crude oil imports and petroleum product exports. The EIA’s latest Short-Term Energy Outlook details numerous ways in which the US energy profile is evolving. “U.S. crude oil production averaged an estimated 8.3 million barrels… Keep reading →
