In his State of the Union, President Obama added to the conventional wisdom that supplanting coal with natural gas will act as a bridge toward a climate solution. Unfortunately, gas is more […]
Natural Gas Isn’t a Bridge Fuel, It’s a Gateway Drug
Big Oil, Big Profits, Big Tax Breaks
Incoming Senate Finance Committee Chairman Ron Wyden, an Oregon Democrat, and outgoing House Ways and Means Chairman Dave Camp, a Michigan Republican, continue to express interest in comprehensive tax reform. As precious […]
Energy subsidies: Fuelling controversy
OVER the past year energy subsidies have become a target for politicians on austerity drives. In June Indonesia increased petrol prices by 44% to cut its annual subsidy bill of $20 billion. […]
Iceland Taps Magma for 24/7 Geothermal Energy Source
Renewable energy has always faced a significant bottleneck for broader acceptance – the wind doesn’t blow 24 hours a day, the sun doesn’t always shine, and 24/7 renewable power sources such as […]
North Dakota Flares $100m of Natural Gas a Month
It is well known that advances in technology have enabled the US to experience a huge boom in oil production over the past several years. Since 2007, oil production from North Dakota’s […]
Light Bulbs and Efficiency
Five years ago I bought my first LED light bulbs. They were to replace halogens in my bathroom. I spent too much money on not enough lumens and way too many kelvin. […]
China and Electricity Overview
It is quite a challenge to pin down an electricity system that has grown 10.8 percent annually over the last decade, doubled power generation in just 7 years and added 80-90 gigawatts […]
Foundations launch campaign to divest from fossil fuels
A coalition of 17 foundations, representing almost $1.8 billion in investment, plans to divest from fossil fuel companies in its portfolios and invest more in clean energy, leaders of the effort said […]
This Week in Oil & Gas: Declining Profits and Soaring Project Costs
The biggest story this week in oil and gas is declining profits and production and soaring project costs for the supermajors as disappointing fourth-quarter 2013 earnings come in, among other bad news […]
Report: Lower power reserve margin would be more economic for Texas
Texas should keep a 10.2 percent to 14.1 percent cushion of electric generation capacity, according to a report Friday that will inform and probably intensify a politically charged debate over the future […]
Prometheus Institute 