The German government is providing the country’s largest utility E.ON loans to help competitively bid for global LNG supply as Berlin seeks to diversify gas import sources away from Russia. The loans strengthen E.ON’s credit rating and help the company compete with government-backed companies that LNG suppliers favor. “Those guarantees have in the past been… Keep reading →
I look out the window of the crowded Scandinavian Airlines plane – bleary-eyed after a sleepless, 8-hour flight – as it makes its final approach to the Copenhagen airport one recent morning. The first thing I see are the wind turbines that hug the coast, spinning steadily like white jewels against the blue water. For… Keep reading →
Canada needs to “get its house in order” regarding carbon emissions, according to Liberal Party leader Justin Trudeau. If Canada shows it’s serious about dealing with climate change by putting a price on carbon at the national level – Alberta has a carbon tax structure – then it would be easier for the Obama administration… Keep reading →
The 3rd National Climate Assessment (NCA) was released earlier this month, painting a frightening picture of the spiraling costs of climate disruption to America and highlighting the need to price carbon dioxide (CO2) emissions. While President Obama has pledged action and the electricity industry nervously awaits new EPA regulations for power plant emissions, the most appropriate… Keep reading →
Gazprom and CNPC look set to sign a 30-year, 38 billion cubic meter per year supply deal this week at price between $350 and $400 per 1,000 cubic meters. “The deal has been on the table for over 10 years, as Moscow and Beijing have negotiated back and forth over price, the gas pipeline route,… Keep reading →
Energy issues are more complex and interconnected than ever before, and for this reason energy has become front and center in many debates unfolding on national and international stages. This complicated mixture of issues – viewed through an energy-focused lens – can be summed up with 3 “C’s”, as described by Norwegian oil & gas… Keep reading →
A Conversation on Carbon: How two seemingly opposed forces from ExxonMobil and Sierra Club united over a carbon tax David Bailey and David Bookbinder have an interesting story. At one time, these two climate experts were at odds with each other, working on opposite sides of the tracks—Bookbinder worked as the chief climate counsel for… Keep reading →
Rising energy costs are increasingly dominating political agendas in many countries around the world both developed and developing. The U.S. shale revolution with domestic cheap natural gas has started to bite into coal’s U.S. power generation market share, which can be attributed to the coal-to-gas switch of power utilities. Note, that any change in U.S.… Keep reading →
Germany is facing an energy paradox where significant increases in renewably-generated power – mostly from wind and solar – are being surpassed by increases in coal-fired power. Part of the reason stems from the country’s decision to phase out its nuclear fleet. A majority of the nuclear generation capacity that has come offline – 8… Keep reading →
The value placed on sustainable business practices and investments made in companies that embrace environmentally-friendly sustainable operating procedures has truly become de rigueur. You can’t watch TV, walk through the supermarket or read a corporate website without getting bombarded by green, carbon-neutral, organic, energy-efficient messaging. But how much of this is green-washed hype and how… Keep reading →
