As emissions reductions and climate change mitigation have moved the the forefront of the US political debate, both the Department of Energy and the International Energy Agency have shone a light on the potential and the importance of working with traditional fossil fuels, rather than pushing to phase them out. The International Energy Agency’s 2013… Keep reading →
In the wake of President Obama’s speech last week about a Climate Action Plan that would seek to limit carbon dioxide emissions from power plants, opponents of new emissions standards have warned of the potential negative impact on electricity costs and economic growth. The Natural Resources Defense Council has sought to counter those claims with the… Keep reading →
The Department of Energy looks set to award $8 bln in loan guarantees to limit greenhouse gas emissions produced from the oil & gas and coal sectors. The DOE’s proposal would apply to both downstream carbon capture – such as from coal-fired power plants – and to upstream emissions mitigation. Perhaps not what the world… Keep reading →
President Obama’s June 25 Climate Action Plan speech has cast a pall over prospects for the Keystone XL oil pipeline project to deliver Canadian oil to US Gulf Coast refineries. Environmentalists cheered both the subject matter of the President’s speech and the possibilities it raised for blocking the controversial pipeline. But some in industry were… Keep reading →
