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...]
How renewables will change the geopolitical map of the world
The rapid growth of renewable energy will have a profound effect on geopolitics worldwide, writes energy expert Walt Patterson, a fellow at Chatham House in London. In this article, he explores the many ways in which "fire-free electricity" will transform political and economic relations. … [Read more...]
Can the U.S. compete in the electric car war?
The U.S. needs a coherent, unified energy policy with respect to vehicle electrification and automation if it wants to keep up with China, write Leonard Hyman and William Tilles. U.S. and European auto manufacturers have equal or greater resources than their Chinese counterparts. But they don’t have the same level of government support – and therefore cannot rely on their domestic markets. Courtesy Oilprice.com. … [Read more...]
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 PflĂĽger, Director of the European Centre for Energy and Resource Security (EUCERS). According to PflĂĽger, President Trump’s “America First” policy is having the opposite effect: it is … [Read more...]
Renewables in Africa are losing ground: a proposal for a practical climate finance instrument
If the One Planet Summit in Paris on 12 December is to meet its expectations, it must lead to a new cost- and carbon-efficient instrument to support decentralised renewable electricity generation across Africa, writes Terje Osmundsen, Courtesy Energi og Klima blog. … [Read more...]
Trump’s tax bill: big win for oil and gas, profound threat to renewables and environment
The Republican Party (GOP) tax proposal, if it is adopted unchanged, would slash tax credits for solar and wind power, slap a big tax on projects of “multinational” renewable developers, while leaving tax credits for oil and gas unchanged or even lowering them. It would also open up the Arctic National Wildlife Refuge for oil and gas exploration. Courtesy Oilprice.com. … [Read more...]
Jet fuel from sugarcane? It’s not a flight of fancy
Through genetic engineering, researchers from the University of Illinois have produced a new form of sugarcane, called lipidcane, whose leaves contain 12 percent oil, instead of the natural level of 0.05 percent. They are working to produce a variety they call energycane, with 20 percent oil. The new plant variety could produce enough oil to produce biodiesel and jet-fuel economically, they write. Courtesy The Conversation. … [Read more...]
India’s green shift to renewables: How fast is it happening?
India is moving at a rapid pace to adopt a green shift in its power sector, across industry and in transport, aiming to reduce dependence on the black fossil fuelled energy economy, write Simran Talwar and John A. Mathews. But finance remains a problem: many banks are complacent in their lending to fossil fuel projects. Attempts in the international trade arena to curb India’s strategies of building green power industries using the tools of local … [Read more...]
How the International Energy Agency is steering the world to climate disaster
The International Energy Agency (IEA) likes to present itself as a climate champion, but it is in fact steering the energy system towards catastrophic levels of warming, writes Greg Muttitt, Senior Advisor at NGO Oil Change International. The IEA is supposed to be an advisory body to its members countries, Muttit notes, but its real masters appear to be the fossil fuel companies. … [Read more...]
It is time for the UN climate process to tackle fossil fuels
The word “fossil fuels” does not appear in the Paris Climate Agreement, write Georgia Piggot and Peter Erickson of the Stockholm Environment Institute (SEI). They call on leaders to start addressing not just greenhouse gas emissions, but coal, oil and gas production as well. Courtesy Climate Home News. … [Read more...]
What climate change policy puts America first?
The Trump Administration has ordered federal agencies to use a “social cost of carbon” that only takes into account domestic consequences of climate change, writes Meredith Fowlie, Assistant Professor of Agriculture and Resource Economics at the University of California at Berkeley. That translates into a cost of $1-$6 per ton, instead of the $45 per ton that was under the Obama Administration. Fowlie explains the reasoning behind the policy … [Read more...]
Five things that should happen at the Bonn climate talks but probably won’t
If the Paris agreement is to be anything other than a farce, there are five things that should happen at the climate convention that has just started in Bonn, write Matthew Paterson and Marc Hudson of the University of Manchester. Chances are, however, that they won’t. Courtesy The Conversation. … [Read more...]
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...]
World greenhouse gas levels make unprecedented leap
Global average carbon dioxide concentrations rose by 0.8% during 2016, the largest annual increase ever observed, write researchers Paul Fraser, Paul Krummel and Zoe Loh of Australia’s national science agency CSIRO. Courtesy The Conversation. … [Read more...]
Shell, BP climate disclosures ‘just a marketing tool’, says ShareAction
Two years after BP and Shell shareholders resoundingly passed resolutions requiring the oil majors to factor climate change risks into their corporate strategy and accounting, the two companies are disclosing no more than bare minimum, a new report from a U.K.-based NGO has found. Article by Kyla Mandel of DeSmog. … [Read more...]
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