New York Times: Bank of America’s New Policy to Limit Credit Exposure to Coal Bank of America announced Wednesday it will reduce its financial exposure to coal companies, acknowledging the risk that future […]
Tar Sands Interrupted – A Canadian Political Explosion
The fortunes of Canadian tar sands oil changed overnight this week. After almost 50 years in power, the Progressive Conservative Party in Alberta was completely replaced by the New Democratic Party which […]
Record solar output pushes average German peak price below baseload
Record solar output in Germany meant that for first time ever, baseload power was more expensive than peak power on average in April. via Renew Economy http://ift.tt/1JRptnT
Renewables uptake surging in emerging economies
New BNEF report shows that renewable energy adoption is growing in the world’s emerging economies nearly twice as fast as industrialised nations. via Renew Economy http://ift.tt/1EfeuNg
Why We Have an Oversupply of Almost Everything (Oil, labor, capital, etc.)
The Wall Street Journal recently ran an article called, Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation risk. To me, this is a very serious […]
Increase Expected: Electricity Consumption and Natural Gas Flows
Last week, the EIA published the weekly natural gas storage report on April 30, 2015. The weekly natural gas in storage increased by 81 Bcf. via Market Realist http://ift.tt/1FMZtYo
Scientists Discover Fracking Chemicals In Pennsylvania Drinking Water
"This is the first documented and published demonstration of toxic compounds escaping from uncased boreholes in shale gas wells and moving long distances [into drinking water]." The post Scientists Discover Fracking Chemicals […]
US Shale Oil Firms Say Refracking Not The Best Path In Downturn
Refracking is still too unpredictable to rely on as a way to slash costs and increase output during the oil price slump, top US shale oil executives say. via Rigzone.com: Latest News […]
The Return Of Peak Oil – Worrying Signs From U.S. And Russia
Since around 2005 many countries have increased their oil production but more have decreased. But the combined production of the United States and Russia have kept the world on a slight uptrend […]
U.S. Drought Risk Wider than Previously Thought
New research from the Columbia Water Center suggests that many more places in the United States are at risk of drought-induced water stress than is commonly thought, including dense metropolitan regions such […]