In 2010, 12 government agencies working in conjunction with economists, lawyers, and scientists agreed to work out what they considered a coherent standard for establishing the social cost of carbon. This “social […]
The Evolution of the Climate Debate: Business vs Business
This is where it gets really interesting. Since I first engaged in the climate debate in the late 1980’s it’s all been fairly slow and predictable. Environmentalists argued for action, big business […]
IEA Sankey Diagrams
The International Energy Agency has taken its share of abuse from The Oil Drum over the years for its rather optimistic forecasts. But it deserves a hearty shout-out for an invaluable resource […]
7 Important Cleantech Price Points Worth Remembering
Irish writer Oscar Wilde defined a cynic as a “man who knows the price of everything and the value of nothing.” But a sentimentalist, Wilde wrote, “is a man who sees an […]
Energy Storage Is Cost-Effective but Needs a Clear Market Signal
California’s electricity system has reached a transforming regulatory milestone. On September 3, Commissioner Carla Peterman of the California Public Utilities Commission (CPUC) authored a proposed decision ordering a 1.325-gigawatt utility energy storage […]
Natural gas liquids are a rising star in the oil patch
Worldwide production of natural gas liquids is soaring — fueled largely by the U.S. drilling boom — and that rapid rise will alter the global energy market for at least a decade, […]
Studies Suggest Combining Renewables Can Fully Cover Energy Needs by 2030
According to a 2010 report, cost-minimized combinations of wind power, solar power and electrochemical storage could power the full electric grid up to 99.9% of the time by the year 2030 creating […]
Oil rig counts remain elevated, but focus shifts to well counts
US oil rig counts rose last week and remain up on the year. Many companies see flattish rig count activity for the remainder of 2013, but this doesn’t necessarily mean flat production. […]
Why natural gas liquids prices are up 13% since the end of July
Natural gas liquids prices have had a strong rally over the past two months, a major positive for producers of wet gas. via Market Realist http://marketrealist.com/2013/09/natural-gas-liquids-prices-13-since-end-july/
The African Energy Mix: Adopting Renewables
It is no secret that there is an ongoing energy revolution taking place worldwide. Many countries are making conscious efforts in becoming more energy independent and sustainable. In achieving this, all energy […]
Prometheus Institute 