It’s no secret that the United States has a methane problem. Methane accounts for about one half of 1 percent of the country’s greenhouse gas emissions — it’s released mostly from natural gas […]
ExxonMobil’s New Reserves Fall Short For First Time In 22 Years
For the first time in over two decades, ExxonMobil failed to replace the oil and gas that it pumped in a year.ExxonMobil reported on February 19 that it added 1 billion barrels […]
Is Oil Pushing Down The Economy, Or The Other Way Around?
Conventional wisdom has long held that when oil prices drop, consumers experience an increase in discretionary income while corporations experience a boost in profit margins. At the same time, companies in the […]
It’ll Take More Than an Oil Rally to Restart Shale Boom
Explorers in U.S. oil fields stung by the quick rise and fall in the market last year are expected to move cautiously when crude prices begin to climb again.Bill Thomas, chief executive […]
The Coal Decline Is Now Irreversible
There was a lot of talk last year about coal resources needing to be left in the ground if the world was to reach its 2-degree-celsius reduction environmental targets.The suggestion was that […]
How Much Oil Output Halted Due to Low Prices? Just 0.1%
After a year of low oil prices, only 0.1 percent of global production has been curtailed because it’s unprofitable, according to a report from consultants Wood Mackenzie Ltd. that highlights the industry’s […]
Rethinking the Airplane, for Climate’s Sake
It will never soar into the wild blue yonder, but the dusty Peterbilt truck parked outside a hangar at NASA’s Armstrong Flight Research Center here may represent the future of low-carbon aviation.Perched […]
Paris and Building on the Future
The Paris Agreement, a truly landmark climate accord, which was gaveled through on Saturday, December 12, 2015, at 7:26 pm (Paris time) at the Twenty-First Conference of the Parties (COP-21), checks all […]
California Net Metering 2.0 Keeps Retail Rates for Rooftop Solar
California regulators have proposed a future net metering regime that will preserve retail payments for residential rooftop PV.However, the proposal would add new interconnection costs and non-bypassable charges to distributed solar systems, […]
This Suggests An Oil Price Recovery Might Be On Its Way
Oil futures prices are below $38 but there is a glimmer of hope in EIA’s Short-Term Energy Outlook (STEO) released today–world consumption increased in November and supply fell.OPEC did what everyone expected […]