The dramatic increase in gas and electricity prices worldwide has raised concerns about energy security. It why U.S. shale production is rising. But by how much more, and how fast? Ben Cahill at CSIS looks at lessons learned over the last ten years by the sector to understand the drivers. Previously, shale firms grew so fast that many investors lost a lot of money. Then, the 2020 oil shock imposed discipline and firms preserved cash, but that … [Read more...]
German Geothermal: from 1.2TWh to 100TWh by 2050?
The IEA’s Sustainable Development Scenario sees the world's geothermal power generation tripling to almost 300 TWh by 2030. That’s because there’s an almost unlimited supply that can provide power, heating and cooling. It’s also a continuous supply uninterrupted by the weather, unlike solar and wind. The plants are small and quiet. For heating, ground-source heat pumps use significantly less electricity than other technologies. Writing for CLEW, … [Read more...]
A grassroots fightback against Trump and U.S. Oil & Gas is underway
As the 116th Congress commences, in the wake of dire reports from climate scientists, the debate over U.S. climate policies has taken a welcome turn towards bold solutions. Capitol Hill is alive once again with policy proposals that edge towards the scale required to address the crisis we’re in. A new study by Kelly Trout of Oil Change International, along with 17 partner organisations, makes it clear that managing a rapid and equitable decline … [Read more...]
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