SolarCity(R) (SCTY) today announced the pricing of the offering by its wholly-owned subsidiary, SolarCity LMC Series I, LLC, of $54,425,000 aggregate principal amount of Solar Asset Backed Notes, Series 2013-1 (the \”notes\”). […]
U.S. Oil Consumption Falls Off Cliff
Since reaching a peak of nearly 21 million barrels per day (bbd) from 2004-2007, U.S. oil consumption has fallen off a cliff. It descended below 19 million in 2009 and then after […]
World will need 48% renewables by 2035 to address climate
The International Energy Agency says the world will likely need to have around 48 per cent of total electricity generation sourced from renewable energy sources by 2035, if it is to meet […]
[Closed] DISCUSSION: IEA sides with utilities on ‘free-riding’ rooftop solar PV
The International Energy Agency is likely to upset the growing global solar PV industry, after questioning the value of residential solar PV, and accusing it of becoming a “free-rider” on networks that […]
Northeast grows increasingly reliant on natural gas for power generation
Lower natural gas prices and regional environmental initiatives are leading natural gas-fired generators to provide a greater portion of the electricity in the northeastern United States. The Northeast is a combination of […]
How We Use Oil
Motley Fool presents the above pie chart in making the case that it will take more than wind, solar, nuclear or hydro to make us “energy independence.,” The chart shows that 75 […]
Fuel Crises and Choices
“You’re hitting your head against a stone wall,” his advisors told him. A revolution and hostage taking in Iran destabilized global oil and energy markets. An accident at Three Mile Island halted […]
More corn grown in U.S. this year than ever before. Thanks, biofuels.
Cars and cows are slurping up the largest corn crop ever grown in the U.S. With the fall corn harvest three-quarters done, traders are anticipating a yield of about 14 billion bushels, Bloomberg […]
Carbon Capture and Storage Can Cause Earthquakes, Making It ‘A Risky And Likely Unsuccessful Strategy’
New research suggests that carbon capture and storage (CCS) may be a far more limited climate solution than previously thought because it can induce earthquakes, which can cause CO2 leakage. We’ve known […]
Japan’s Solar Market Surge Blows Away Earlier Forecasts
The newly projected 350 percent growth of Japan’s solar market from 2012 to 2013 dwarfs estimates made earlier this year. “The Japanese feed-in tariff is one of the most lucrative in the […]
Prometheus Institute 