Energy Department Project Captures and Stores One Million Metric Tons of Carbon Project Achieves Major Milestone by Successfully Injecting Carbon into Saline Formation WASHINGTON — As part of President Obama’s all-of-the-above energy strategy, the Department of Energy announced that its Illinois Basin-Decatur Project successfully captured and stored one million metric tons of carbon dioxide (CO2)… Keep reading →
The 20th Conference of the Parties (the COP) to the United Nations Framework Convention on Climate Change (the UNFCCC) and the 10th Conference serving as the Meeting of the Parties to the Kyoto Protocol (the CMP) concluded in Lima, Peru, on Sunday 14 December 2014 with a prevailing sense of déjà vu.
Michael Liebreich, chairman of the advisory board at Bloomberg New Energy Finance, said: “The orthodox view of unlimited oil demand growth simply does not hold in a world of super-efficient engines, electric vehicles, desperate air pollution problems, and action on climate. The US economy has grown by 8.9% since 2007, while demand for finished petroleum… Keep reading →
Benchmark crude oil price declines may threaten domestic producers’ continued production growth. On January 5, 2015, the Energy Information Administration (EIA) released a report — drawing from the S&P Goldman Sachs Commodity Index (GSCI) — showing that energy commodity prices recorded the largest declines in 2014 compared to non-energy commodities. Notably, the GSCI’s energy component… Keep reading →
The debate about the development and deployment of geoengineering technologies is slowly creeping into the mainstream media, as both analysts and commentators seem to increasingly doubt the international community’s ability to agree on a comprehensive and effective international agreement at UNFCCC COP 21 in Paris. With many countries facing political and/or economic obstacles to pursuing… Keep reading →
With a new year comes new promises and new opportunities – and that also goes for the United States and China, the world’s biggest climate polluters. The good news is both nations appear ready to embrace solar and other renewables, investments that will cement their recent, bilateral agreement to tackle climate change. Here are five signs renewables… Keep reading →
Led by solar power, global investment in renewable energy increased 16% in 2014 year-on-year. Solar and wind led the charge, but biofuels investment fell back a bit. “China was the clear national leader, with investment rising 32% to $90bn, with the US second, up 8% to $52bn, and Japan up 12% to $41bn. Canada, Brazil… Keep reading →
America is the largest biofuels producer in the world — accounting for 48 percent of global output. To remain the global industry leader, the Energy Department is investing in projects that address critical barriers to continued growth. This includes a key focus on improving feedstock logistics — the processes we use to collect grasses, plants… Keep reading →
Today was a big day in Keystone XL news, with the House voting to approve a pipeline construction bill – the president already said he would veto – and the Nebraska Supreme Court mostly blessing the controversial oil transport project. But a final decision could still be months away as two separate processes continue to… Keep reading →
Governor Brown was sworn into office yesterday and gave his fourth inaugural address, which also doubled as his State of the State. Though he touched on a variety of other proposals, the Governor kept his laser focused on climate and energy issues. He proposed three ambitious goals to be accomplished within the next 15 years:
Increase from one-third to 50 percent our electricity derived from renewable sources
Reduce today’s petroleum use in cars and trucks by up to 50 percent
Double the efficiency of existing buildings and make heating fuels cleaner
