Amid the significant drop in oil prices, it may be expected officials in the Obama administration would consider changes to their energy policies. Cities expecting the fracking boom to continue are seeing the bubble pop right in their face. Goldman Sachs, noteworthy for its dependence on oil and natural gas on profits, believes prices will drop to $40 per barrel over the [...]
|By: BrandonJ Wednesday January 14, 2015 12:00 pm|
|By: BrandonJ Tuesday January 13, 2015 3:10 pm|
The world’s demand for coal will grow to 9 billion tons by 2019, according to a report released last month from the International Energy Agency. In spite of all efforts to reduce its consumption, oversupply and low prices are still attractive to many countries, especially in Asia, to fulfill demands for electricity. The only two continents [...]
|By: Steve Horn Friday December 5, 2014 11:16 am|
Attorneys representing Denton, Texas, the first city to ban hydraulic fracturing (“fracking”) in state history, have issued rebuttals to the two lawsuits filed against Denton the day after the fracking ban was endorsed by voters on election day. Responding to lawsuits brought by attorneys with intimate Bush family connections — with complaints coming from both the Texas General Land Office and the Texas Oil and Gas [...]
|By: KateCA Tuesday October 21, 2014 8:00 pm|
*Everywhere. So, Peabody Energy is going to the G20 meeting with its “Advanced Energy for Life” message, an attempt to tie coal to “benevolence, altruism and empathy for the world’s poor.” Burson-Marsteller is reportedly doing the pr work; they did the same for the tobacco industry until 2010. Peabody is already holding meetings and workshops in Australia, touting the new message.
|By: KateCA Tuesday October 14, 2014 5:12 pm|
*USA. Use of sand for fracking may be all the rage right now, but concerns about “the health impacts of breathing silica dust” are mounting, too. One sand miner’s stock increased 400% over the past year and a half, and another is adding 3.8 million tons “of frac sand mine and plant capacity in Wisconsin and Missouri.” But health experts and local governments are increasingly very concerned about the major effects of sand mining on health.
|By: KateCA Tuesday September 30, 2014 4:57 pm|
*Everywhere. Last ditch efforts by some utilities around the globe to halt renewables include taxes on “solar energy-equipped houses and offices”, vigorous lobbying to stop governments providing incentives to “green energy”, much heftier “daily connection” fees rather than billing for units of energy used, etc. Will alternative energy users be subsidizing traditional utilities in the future?
|By: letsgetitdone Sunday September 7, 2014 6:40 pm|
This, the fifth post in a series evaluating the fiscal responsibility/irresponsibility of the Governments of the United States (mostly the Congress, the Executive Branch, and the Federal Reserve) by Administration periods, beginning in 1977 to 1981 with the Jimmy Carter period, will cover the performance of the Government on the environment and climate change aspect of “public purpose.” The previous posts discussed some basic definitions and assumptions of the series and evaluated Government performance relating to economic stagnation, living wage full employment, price stability/inflation, implementing universal health care, and educational reform.
|By: Steve Horn Wednesday August 13, 2014 5:21 pm|
Burlington Northern Santa Fe (BNSF)recently said it would proceed with plans to increase speeds for oil-by-rail unit trains in Devil’s Lake, N.D. to 60MPH from 30 MPH, despite opposition from local officials.
|By: cassiodorus Sunday August 10, 2014 4:00 pm|
Every time I publish a diary like this one (“Promoting an Effective Discussion: Capitalism Causes Climate Change,” 8/3/14), I get responses from patrons of alternative energy. Solar panels and wind farms will save the Earth, the world-society, and the capitalist system, from the prophesies of doom accompanying abrupt climate change, they imply.
|By: DSWright Friday August 8, 2014 6:59 am|
Is this Iraq War III? President Barack Obama has ordered airstrikes in Iraq against ISIS forces officially entering America into the civil war in Iraq. The bombing is supposed to stop an ethnic cleaning campaign of the Yazidis by ISIS and protect military advisors that Obama sent into the country a few months ago. Also at stake are US oil contracts in northern Iraq made between the Kurds and US energy companies though that reason for intervention is not being trumpeted.