No congressional approval required President Obama can’t get much done working with Congress, but he’s on a roll when it comes to fuel standards for medium- and heavy-duty trucks. Obama issued the first-ever heavy-duty fuel efficiency and greenhouse gas standards in August 2011, and will now draft a new set of standards to build on… Keep reading →
In an interview with Oilprice.com, International Energy Agency (IEA) Executive Director Maria van der Hoeven, discussed what the IEA called back in 2011 “a golden age of gas”. This new era was ushered in by the scale of unconventional natural gas resources found in U.S. shale formations accompanied by the absolutely essential advances in technology… Keep reading →
Many of the largest US pension fund managers gathered at the United Nations last week to discuss the risks and opportunities climate change poses to their investment portfolios. Institutional investment fund managers, like those in charge of pension resources, are in the difficult position of finding opportunities that provide returns needed to support beneficiaries for… Keep reading →
The EIA recently said that U.S. oil production will peak at 9.61 million barrels per day by 2019 and thereby nearly match the 9.64 mmb/d record set back in 1970. This is great news for U.S. energy self-sufficiency aspirations. Moreover, as Rex Tillerson, CEO of Exxon Mobil, pointed out in a recent interview:”We’re already the… Keep reading →
European governments and businesses are discussing the next round of carbon emissions targets once existing greenhouse gas reduction goals expire in 2020. The Institutional Investors Group on Climate Change says binding targets are needed to make investors confident in putting money into upgrading power generation infrastructure. “Setting out an ambitious 2030 emissions reduction target of… 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 →
Life-cycle analysis has become all the rage within the environmental science community, particularly with regard to energy issues like the methane emissions footprint of natural gas development and the full range of environmental impacts associated with corn ethanol production. Leave it to the folks at Save on Energy to approach Christmas trees with the same… Keep reading →
The oil producers’ cartel will discuss cutting back output at its meeting this Wednesday in Vienna. Iraq’s output continues increasing, Iran could export more barrels as a result of last week’s nuclear deal and non-Opec production has been strong with US output soaring – all bullish supply factors that could put downward pressure on prices… Keep reading →
The City of Chicago passed an ordinance September 11 requiring buildings with more than 50,000 square feet to report their energy use to a benchmarking tool and eventually to the public. The law, passed in a 32-to-17 vote, is part of the city’s overall efforts to reduce energy use in half of Chicago’s buildings 30… Keep reading →
The American Petroleum Institute today unveiled a new study that details recent US oil and gas industry greenhouse gas emissions reduction success. The trade group also announced a new national print ad campaign that illustrates the industry’s petroleum development commitment and ways tax policy can impact oil and gas development. API President and CEO Jack… Keep reading →
