What started as a trickle has grown into a stream, and by most accounts, is likely to turn into a flood. We are, of course, talking about fossil fuel divestments as an increasing number of investors and fund managers are pledging to cleanse their portfolios of dirty assets – whatever that means. It started with… Keep reading →
Those in the energy business might want to steer clear of the news these days – and not because environmental problems and liberal opposition are continuing to cause their normal heartaches for the industry. From the New York Times to the Financial Times and every outlet in between, the headlines are dire. “Falling Oil Price Raises Questions… Keep reading →
The Republican National Committee Chairman Reince Priebus is bullish on Keystone XL pipeline approval with a republican-controlled senate. “We will pass a budget in both chambers, number one, and we will pass the Keystone pipeline, number two,” Priebus said. “And I actually think the president will sign the bill on the Keystone pipeline because I think… Keep reading →
WASHINGTON – As a part of the President’s Climate Action Plan, the Department of Energy released plans for reducing greenhouse gas emissions and preparing for climate change impacts such as flooding, sea level rise, severe weather and temperature extremes. These Sustainability Plans and Climate Change Adaptation Plans coincide with the fifth anniversary of President Obama’s… Keep reading →
With the election on Tuesday, the wind industry’s attention is particularly focused on the prospects for the extension of the production tax credit (PTC). There have been four interesting developments related to the extension of the PTC.
It appears investors were so eager to dip their toes in Brazil’s solar power market they were willing to compromise on total investment returns. The auctions held on Halloween resulted in the award of 890 MW of capacity. Prior to the Brazilian auctions, the world’s lowest unsubsidized solar contracts were reportedly found in Uruguay at… Keep reading →
Benchmark oil prices took a nose dive today, with both WTI and Brent shedding their recent gains. Prompt-month WTI dipped into $75 per barrel territory on a combination of weak economic outlooks and supply/demand fundamentals. The other big news impacting WTI was Saudi Aramco’s price cut to the crude oil grades it exports into the… Keep reading →
Energy Wins The Hill (Jack Gerard): With zero precincts reporting, we can confidently project American energy is a landslide winner in the 2014 midterm elections. In many races, both Republican and Democratic candidates have gone out of their way this year to embrace pro-energy policies – to the point that it’s been almost impossible to tell… Keep reading →
U.S. stocks declined on Tuesday, a day after benchmarks rose to records, as the price of oil slid to a three-year low, intensifying concerns about a slowing global economy. “There are three things we’re struggling with today: a lower assessment of the European economy, it’s down from where they were six months ago; the sufficiently… Keep reading →
As our nation prepares to vote in the 2014 midterm elections, it’s important we identify which issues are most important to us and whether our candidate(s) of choice represent us well. Is energy policy an issue that resonates with you? Do you know where your candidates stand as you cast your ballot on November 4?… Keep reading →
