Most major American coal producers are highly leveraged, primarily due to ill-timed expensive acquisitions made in 2011, when the coal market was booming. via Market Realist http://ift.tt/1EVP73o
PI News Feed
In Midst Of Oil Boom, Perhaps U.S. Should Look To Another Fuel: Methanol
American energy executives and policymakers are basking in the country’s newfound oil production clout. They’re reveling in the comeback story, written by improved techniques for shale oil and gas extraction, that have […]
Origin: How wind and solar will eat market of baseload coal
Origin Energy says solar, wind lowering the case for baseload generation, as wholesale prices stay low and demand is eroded by rooftop solar growth. via Renew Economy http://ift.tt/1JSlWm4
Fossil fuels subsidies cost world $5.3 trillion a year – $10m a minute
The IMF has more than doubled its estimate of global fossil fuel subsidies to $US5.3trn/year. More than the health spending of all the world’s governments. via Renew Economy http://ift.tt/1IIqf6c
UBS: Tesla Powerwall can deliver 6-year payback in Australia
UBS analysts say households will be able to get a 6-year payback on the Tesla battery storage product. via Renew Economy http://ift.tt/1JuZO3e
Hybrid rooftop solar + CHP + storage model has potential, says GE
A GE-partner project testing a combination of solar PV, combined heat and power and battery storage at a commercial facility in Germany could be scaled up. via Renew Economy http://ift.tt/1cJRBLq
The Really Awful Truth About Climate Change
The really awful truth about climate change is that while climate scientists have been increasingly blunt about how dire our situation is — and what needs to be done ASAP to avoid […]
BHP Billiton’s Tim Cutt says ‘staggering’ oil discovery shortage trend risks oil price spike
BHP Billiton’s petroleum chief Tim Cutt has laid responsibility on the oil industry to find economic new supply sources and drive down costs in order to prevent a future spike in prices. […]
China coal use continues to fall precipitously in 2015
New figures show China’s use of coal has continued to fall dramatically over first four months of 2014. via Renew Economy http://ift.tt/1B6FCxz
Which Technologies Will Make New York’s Energy Vision a Reality?
In New York, Governor Andrew Cuomo has launched a bold new model of the electrical utility system and energy markets called Reforming the Energy Vision to eliminate electricity peaks in summer and […]
Prometheus Institute 