California’s cap and trade market will expand in 2014 after a successful first year of operations that quelled fears of a European Union-style carbon allowance glut while powering a clean energy economic […]
California and Carbon Reduction Schemes
Oil and gas spending to hit record in 2014
Oil and gas companies will spend more money in 2014 than ever to explore for and produce oil and gas, with $723 billion expected to fund the global effort, according to projections from […]
Energy Taxes and Tax Code Legislation
Congress has spent much of this year debating budget matters and the fate of the nation’s tax policy. A central theme of any tax policy debate raised by just about everyone is […]
The U.S. energy independence story: Will anyone be punished if it turns out to be wrong?
Will anyone who is currently predicting U.S. energy independence be punished if the story turns out to be wrong? I ask because the story–and that\’s all it is right now–appears to be […]
Subsidies for UK nuclear plant could reach £17bn and ‘may be unnecessary’
British consumers could pay £17bn in potentially unnecessary subsidies to fund construction of the country\’s first new nuclear plant in a generation, the European Commission has said. The EC said it was […]
Can utilities adapt quick enough to save their business model?
At the launch of the CSIRO’s Future Grid Forum in Sydney last Friday, a senior executive from one of Australia’s major network operators had a confession to make: He had a solar […]
A greener China could put $45 billion of Australian coal projects in the red
China’s insatiable demand for energy has triggered a coal-mine building boom in Australia, which now supplies China with a third of its coal. With plans for 10 massive Australian coal mines worth […]
Alberta Tar Sands and Methodology
I spent the first week of November in the heart of the Athabasca oil sands around Fort McMurray, Alberta. I was there as a guest of the Canadian government, which hosts annual tours […]
Predictions of a Coming Carbon Asset Bubble Overstated
Lately, it has been fashionable to talk of “stranded carbon assets” that will emerge as a risk to investors as pressure to mount a serious global climate policy increases. The thinking behind […]
Cold Snap Sends Energy Prices Into Stratosphere In New England
The widely predicted explosion in New England’s energy prices has started sooner than most people expected. The price of natural gas at Boston’s Algonquin Citygate climbed from $4.13 per MMBtu last Wednesday […]
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