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Fracking may have political support, it still needs a ‘social licence’

April 18, 2018 by Andreas Goldthau 1 Comment

Fracking may have political support, it still needs a ‘social licence’

The UK government may be convinced that shale gas production is important to the country, it will need to convince the public too. Experience in Eastern Europe has shown that without a “social licence”, fracking will not get off the ground, writes Andreas Goldthau, Director of the Centre of International Public Policy in London and author of a new book on the politics of shale gas. … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: carbon bubble, energy security, energy transition, EU energy policy, European gas market, shale gas, unconventionals

The militarization of U.S. energy policy: Donald Trump enlists fossil fuels in the struggle for global dominance

February 19, 2018 by Michael T. Klare 3 Comments

The militarization of U.S. energy policy: Donald Trump enlists fossil fuels in the struggle for global dominance

As the recently published National Security Strategy shows, Donald Trump has turned the expansion of the U.S. fossil fuel industry and its exports into a major component of American foreign and security policy, writes energy expert and author Michael T. Klare. In the view of the Trump administration, anyone that stands in the way of American exploitation of oil, gas and coal resources is viewed as an obstructer of the national interest, notes … [Read more...]

Filed Under: Climate policy, Energy, Oil, Gas & Coal, Policies, Renewables Tagged With: climate change, coal, coal power, energy transition, geopolitics, LNG, natural gas, oil, renewables, shale gas, Ukraine, unconventionals, US energy policy

New NASA study underscores urgency of solving the global methane problem

January 17, 2018 by David Lyon 1 Comment

New NASA study underscores urgency of solving the global methane problem

A new NASA study suggests methane emissions from fossil fuels may be responsible for half of the recent rise in global atmospheric methane concentrations, writes David Lyon of EDF Energy Exchange. He adds that reducing worldwide emissions of methane by the oil and gas industry would have no net cost and would have the same impact as closing all coal plants in China.  … [Read more...]

Filed Under: *, Climate policy, Energy, Oil, Gas & Coal Tagged With: climate change, energy transition, gas pipelines, natural gas, shale gas, unconventionals, US energy policy

Trump’s “America First” energy policy puts China ahead in energy

December 21, 2017 by Friedbert Pflüger 5 Comments

Trump’s “America First” energy policy puts China ahead in energy

China has indicated it is set to launch a crude oil futures contract in yuan, which could be a significant step towards the de-dollarization of the global economy. It is a sign of China’s growing confidence – and the U.S.’s declining influence, writes Friedbert Pflüger, Director of the European Centre for Energy and Resource Security (EUCERS). According to Pflüger, President Trump’s “America First” policy is having the opposite effect: it is … [Read more...]

Filed Under: *, Climate policy, Energy, Oil, Gas & Coal, Renewables Tagged With: climate change, energy trade, energy transition, geopolitics, oil, renewables, unconventionals, US energy policy

US shale oil: the limits to growth

November 2, 2017 by Jilles van den Beukel 3 Comments

US shale oil: the limits to growth

With technological progress slowing down and financiers becoming more reluctant to invest, estimates of future US shale oil production are becoming more conservative, writes geophysicist Jilles van den Beukel. By the early 2020s, the ability of US shale oil to provide a ceiling on oil prices will be significantly diminished.  … [Read more...]

Filed Under: *, Energy, Oil, Gas & Coal Tagged With: financing, natural gas, oil, shale gas, unconventionals, US energy policy

Experts who sold the idea of oil exports proven very wrong very fast

October 24, 2017 by Justin Mikulka 5 Comments

Experts who sold the idea of oil exports proven very wrong very fast

Oil market experts all claimed that lifting the ban U.S. oil exports would not result in very large exports. They all turned out to be wrong very quickly, writes Justin Mikulka on DeSmog blog. American oil is even going to China these days. With devastating consequences for the environment and the climate. … [Read more...]

Filed Under: *, Energy, Oil, Gas & Coal Tagged With: energy trade, geopolitics, oil, unconventionals, US energy policy

For Total, the Age of Oil is not over yet

September 7, 2017 by Jilles van den Beukel 3 Comments

For Total, the Age of Oil is not over yet

The decision of the Maersk group to sell its oil and gas division is partly due to specific circumstances, but it is also a vote of no confidence in the future of the oil industry now that peak oil demand and US shale oil imply systematically lower profitability, writes geophysicist Jilles van den Beukel. But Total clearly feels there is still a future for low-cost conventional oil, particularly in politically stable countries like Denmark and … [Read more...]

Filed Under: *, Energy, Oil, Gas & Coal Tagged With: carbon bubble, energy transition, financing, geopolitics, natural gas, oil, shale gas, unconventionals

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