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Nuclear Retirements Would Sabotage Clean Power Plan Carbon Reductions

September 1, 2015 by Jesse Jenkins
31

Nuclear power and the EPA Clean Power Plan

The EPA believes it’s new regulations will cut carbon emissions 32% by 2030. Reaching that goal depends on nuclear continuing to supply one-fifth of U.S. electricity. Retirements of existing reactors could sabotage the Clean Power Plan's emissions goals—and the EPA can't stop it. Here's why...[read more]

3 Months to Paris: Why the Inevitable Disappointment in the Paris Round is a Sign of a Maturing GHG Management Landscape

September 1, 2015 by Dan Zilnik
1

The environmental community is sure to be disappointed by the Paris UN Climate Convention. The headlines after the November/ December 2015 UN Climate Convention in Paris are sure to be identical to the headlines for the last 15 years: “climate activists disappointed," etc.[read more]

Reduced Offshore Share in U.S. Oil and Natural Gas Production Lowers Risk from Hurricanes

August 31, 2015 by U.S. EIA: Today in Energy

Offshore Energy and Weather Risk

Offshore energy production in the Gulf of Mexico has experienced relatively minor disruptions because of tropical storms and hurricanes in recent years, and the NOAA has predicted a below-normal 2015 hurricane season in its updated Atlantic Hurricane Season Outlook, released on August 6.[read more]

EIA Expects Near-Term Decline in Natural Gas Production in Major Shale Regions

August 26, 2015 by U.S. EIA: Today in Energy

Natural Gas Decline

Natural gas production across all major shale regions in EIA's Drilling Productivity Report (DPR) is projected to decrease for the first time in September. Production from these seven shale regions reached a high in May at 45.6 billion cubic feet per day (Bcf/d) and is expected to decline to 44.9 Bcf/d in September.[read more]

Growing Global Liquids Inventories Reflect Lower Crude Oil Prices

August 25, 2015 by U.S. EIA: Today in Energy

Supply of Global Liquids

Continued growth in global production of petroleum and other liquids has outpaced consumption growth since August 2014, resulting in rising global liquids stocks. Total global liquids inventories are estimated to have grown by 2.3 million barrels per day (b/d) through the first seven months of 2015.[read more]

Major Fossil Fuel-Producing States Rely Heavily on Severance Taxes

August 24, 2015 by U.S. EIA: Today in Energy

Fossil Fuel Production and Taxes

Severance taxes accounted for less than 2% of state tax collections in 2014, but in three states severance taxes provided a much larger share of total state tax revenue in that year. Pennsylvania is considering a severance tax, and currently derives less than 1% of its revenues from a well head fee.[read more]

EPA Methane Rule: A Good Start Toward Meeting Administration's Landmark Goal

August 24, 2015 by EDF Energy Exchange

EPA Methane Rule

The U.S. Environmental Protection Agency took a big step recently, announcing the nation’s first methane pollution standards for the oil and gas industry. But to understand the impact of these new draft rules, it’s important to look at what they do – and what they don’t.[read more]

Hottest July On Record Keeps 2015 On Track To Crush 2014 For Hottest Year

August 17, 2015 by Joseph Romm
5

Global Temperature Records

NASA reports this was the hottest July on record. So we are now in “bet the mortgage” territory that 2015 will be the hottest year in NASA’s 125-year temperature record. In fact, 2015 is likely to crush the previous record — 2014 — probably by a wide margin.[read more]

Implicit Climate Subsidy Exceeds Profits at 20 Top Fossil Fuel Companies

August 14, 2015 by Chris Hope
21

Subsidies and Fossil Fuel Companies

I recently published a paper, along with my colleagues Paul Gilding and Jimena Alvarez. For 20 leading fossil fuel producing firms, we measured the economic cost to society of the climate change impacts caused by the use of their products, and compared this with their profits in each year from 2008 to 2012.[read more]

How AlphaNorth's Steve Palmer Copes with the Commodity Blues

August 12, 2015 by Jim Patrick

Steve Palmer is currently a founding partner, President, and Chief Investment Officer of AlphaNorth Asset Management and currently manages the award-winning AlphaNorth Partners Fund, AlphaNorth Growth Fund and AlphaNorth Resource Fund.[read more]

The Environment and the 2016 Elections

August 11, 2015 by Steven Cohen

It's the summer of 2015 and we have already been subjected to a Republican reality show disguised as a political debate. It is too early to know what will happen in next year's elections but obviously not too soon to start thinking about the coming election cycle.[read more]

Lessons from the Shale Revolution

The ability to extract natural gas and oil from shale is one of the biggest events in energy since the 1973 OPEC oil embargo. After developing the combination of technologies to cheaply fracture, map, and directionally drill shale between 1976 and 2000, the United States has become the world’s largest oil and gas producer.[read more]

Russia is the World's Largest Producer of Crude Oil and Lease Condensate

August 6, 2015 by U.S. EIA: Today in Energy

Russia Energy Production

Hydrocarbons play a large role in the Russian economy, as revenue from oil and natural gas production and exports accounts for more than half of Russia's federal budget revenue. However, recent international sanctions on Russia, coupled with low oil prices, have put pressure on the Russian economy.[read more]

Monthly Power Sector Carbon Dioxide Emissions Reach 27-Year Low in April

August 5, 2015 by U.S. EIA: Today in Energy

Monthly Emissions

The electric power sector emitted 128 million metric tons of carbon dioxide (MMmt CO2) in April of this year, the lowest for any month since April 1988, according to the most recent estimates in the Energy Information Administration's Monthly Energy Review.[read more]

Technology Leads, Regulation Follows

August 4, 2015 by Alex Trembath
2

This week marks the release of the Obama Administration’s Clean Power Plan, an EPA Clean Air Act regulatory platform designed to reduce carbon emissions from American power plants. It has been called “the biggest action ever taken by the US to combat global warming.” It has also been called “really kind of eh.”[read more]


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