The collapse of a Dutch “clean coal” power project has ended near-term prospects for carbon capture and storage (CCS) in European power generation. That leaves proponents of the technology having to turn instead to smaller, industrial applications, writes energy analyst and consultant Gerard Wynn. But while CCS may make sense on a more limited scale, big problems remain there too, he adds. This article was first published on the blog of the … [Read more...]
How electric vehicles could take a bite out of the oil market
When could peak oil demand be reached? Not as soon as it seems, even with the latest automotive news out of Europe, write Amy Myers Jaffe and Lewis Fulton of the University of California, Davis. Article courtesy The Conversation. (This is the third article in a short three-part series on the latest developments in EVs.) … [Read more...]
Britain to ban new fossil fuel vehicles by 2040
Great Britain will ban all new diesel and gasoline-powered automobiles after 2040. In an announcement on 26 July, Environment Secretary Michael Gove confirmed that vehicles powered solely by fossil fuels will no longer be allowed to be sold by then in Britain, and will instead be replaced by electric vehicles (EVs), writes Gregory Brew of Oilprice.com. Courtesy Oilprice.com. (This is the second article in a short three-part series on EVs that we … [Read more...]
Electric vehicles enter the here and now
The EV market is accelerating, with both governments and major car manufacturers announcing ambitious new targets and initiatives. Jason Mathers of EDF Energy Exchange takes stock of some of the most recent developments and notes that the U.S. is threatening to fall behind Europe and China, thanks to the Trump administration’s short-sighted policies. Courtesy EDF Energy Exchange/Climate 411 blog. (This is the first article in a short three-part … [Read more...]
The surprising New Energy side of Shell
“With Shell Technology Ventures we position ourselves strategically in many places, so that we can experience first-hand where the energy ecosystem is going, and create options for the future”. An interview with Geert van de Wouw, Managing Director of Shell’s venture capital unit, part of the company’s New Energies division, shows the fascinating new side of the old oil company. Quietly, Shell is getting ready to become a major player in a wide … [Read more...]
Is energy ‘dominance’ the right goal for U.S. policy?
In recent weeks, a new energy buzzword has taken flight from Washington, D.C., making stops in Alaska, North Dakota, Texas, Utah and more: “American energy dominance.” But according to Daniel Raimi, senior research associate at the University of Michigan, this goal is unrealistic and it distracts from the goals that should be shaping U.S. energy policy. Courtesy The Conversation. … [Read more...]
Climate change (II): overcoming the difficulty of acting to reduce emissions
Why is the climate change problem so hard to fix, asks energy and climate change economist Adam Whitmore? In the second of a two-part series, he addresses the political, social and psychological barriers to action. But he also identifies a number of trends that give grounds for optimism. … [Read more...]
Climate change (I): How did we get here, and why is it so hard to fix?
Why is the climate change problem so hard to fix, asks energy and climate change economist Adam Whitmore? The answer in a nutshell: activities that cause emissions are ubiquitous, diverse and deeply embedded in modern life. The world’s energy system is huge and long-lived. In addition, there are considerable political and psychological barriers. Whitmore addresses both these aspects in a two-part series. … [Read more...]
The Petro-Powers vs. the Greens: is Trump launching a New World Order?
There may be more method behind Donald Trump’s madness than people think, writes energy expert and author Michael Klare. His attempts to forge alliances with Russia and Saudi Arabia show that Trump is laying the foundations for a new world order, in which fossil-fuel powers will contend for supremacy with post-carbon, green-energy states. If we let him get his way, warns Klare, the world may soon be divided into two camps: the carbonites versus … [Read more...]
Remi Eriksen, CEO DNV GL: Gas and renewables can be best of ‘frenemies’
Gas could be the ideal partner for renewable energy generation in a future sustainable energy mix, writes Remi Eriksen, Group President and CEO of DNV GL, one of the largest risk management providers in the world with operations in more than 100 countries. However, for this to happen, the oil and gas industry must help policymakers and the public become aware of all the benefits of gas, notes Eriksen, not just the economic ones. Also, the … [Read more...]
Some irony: Trump’s Paris exit will hurt nuclear and coal power
Ironically, Donald Trump’s withdrawal from the Paris climate agreement will hurt two sectors that his administration would like to protect: the nuclear and the coal power industry, writes Washington DC-based energy author Dennis Wamsted. This is because without a Federal climate policy, neither nuclear power nor carbon capture and storage (CCS) will get the support they need. … [Read more...]
A new energy bible: Samuele Furfari explains why technology is king
If you’re in the energy business, here is a new manual for you that lays out the essentials of what energy is and how it shapes geopolitics today. Professor and long-time European Commission official Samuele Furfari has condensed his 39 years of experience in the energy sector into a two-volume tome of more than 1,250 pages that goes right from the fundamentals of physics through Britain’s rule of the Middle East to modern day realities such as … [Read more...]
Today’s stunted oil prices could cause oil price shock in 2020
Oil is still essential to the world’s energy needs, writes Haley Zaremba of Oilprice.com. And demand for oil will still be growing over the next few years. After an investment drought of historic proportions, the next oil crisis is looming. Courtesy Oilprice.com. … [Read more...]
China’s continuing green shift in electric power: evidence from 2016
Over the past decade, China has been greening its electric power system faster than any other industrial power. But China is also continuing to pump out more greenhouse gases than any other other country. Is its green transformation happening fast enough? Hao Tan and John A. Mathews dig deep into the 2016 data and present an awesome picture of the stunningly large Chinese electric power sector. Courtesy Asia-Pacific Journal. … [Read more...]
Death spiral for cars. By 2030, you probably won’t own one
By 2030, you probably won’t own a car, but you may get a free trip with your morning coffee, writes Giles Parkinson of Reneweconomy.com. Transport-As-A-Service (TaaS) will use only electric vehicles and will upend two trillion-dollar industries. It’s the death spiral for cars as we know them today. Courtesy of Reneweconomy.com. … [Read more...]
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