Plastic is a modern wonder – lightweight, flexible, and tough – perfect for holding everything from carbonated drinks to frozen dinners to houseplants. But if humanity does not solve the problem of plastic waste, we will literally be swimming in it.
Wind and solar power are set to make up almost half of electricity generation by 2050, as costs continue to fall and restrictions on high-carbon fuels start to bite. But other sources will be needed to completely decarbonize the economy, such as nuclear, gas-to-power and carbon capture and storage.
Deep Isolation announced partnering with nuclear giant Bechtel to bring their technology for nuclear waste disposal to fruition. It uses fracking to put nuclear waste in two-mile-long tunnels, a mile below the Earth’s surface, where they’ll be surrounded by a very tight rock called shale.
Native American lands are home to an estimated 17.6 terawatt-hours of solar energy potential, but 14% of all tribal households have no access to electricity – ten times the national average. A new public-private approach could close this gap by adding renewables and good jobs.
Legal & General Investment Management's "Climate Impact Pledge" is an excellent example of how an investor can address the issue of climate change. It is a combination of carrots and sticks to improve a company's climate performance for the benefit of the company, its investors, and the world.
A report by CDP has illustrated how climate impacts could damage businesses and how adapting to climate change could also create a range of opportunities. Over the past 15 years, the CDP has asked companies to report their greenhouse gas emissions publicly.
Momentum is building. Overall upstream investment is set to rise for the third year in a row following the 2016 low. It’s not just the U.S. Lower 48. The conventional sector is generating its own flow of major new projects coming forward for final investment decision.
This week, a group of experts released the EU Taxonomy, a classification tool to help investors and companies analyze the sustainability of potential investments and engage in two-way dialogue with investees on sustainability. Here is how to use the taxonomy, its implications, and what to expect.
The Trump administration has repealed Obama’s signature law to reduce CO2 emissions. While the move will do little to slow the ultimate downfall of coal, it will certainly earn Trump the wrath of voters in 2020.
Where you get your food really matters to the climate. The carbon footprint of one cup of coffee may be fifteen times that of one made from a different crop of beans. The same with a hamburger. We need to change farming practices and replace a lot, not all, of our beef with plant-based protein.
Earl Ritchie likes the idea of self-driving cars and some of the other forms of transportation often hailed as the future. But for now, he finds that the reality doesn’t always add up for people living outside the nation’s most densely populated cities.
Minigrids could hold the answer to the speedy and cost-effective expansion of electricity access. A minigrid could be built in 16,000 villages by 2030, providing electricity to 9.4 million people, pushing the electrification rate to 80% and reduce CO2 emissions by 1.6 million tons.
Young climate protesters have focused their demonstrations on Western European capitals. But the EU’s national climate plans show the real problem is in the East, where protests have been small to non-existent.
Libra is the new Facebook cryptocurrency and unlike others, it has the right components to potentially rock our daily lives. Facebook and its stoic founder Mark Zuckerberg might have a very big grin on its face when this is all settled
At the end of May, Africa’s landmark free trade deal came into effect, accompanied by widespread optimism that it could usher in a new era of intra-African trade possibilities and prosperity for the continent’s citizens.
US' re-imposition of sanctions on Iran was a major strategic blunder. It reinvigorated Iranian hardliners, whose apparent response – attacks on Persian Gulf shipping– was entirely predictable. Trump administration needs to re-acquaint itself w/ US national interests. War with Iran is not among them.
Uncertainty in the crude oil markets has resulted in a 17% fall in crude prices over the last month. If the OPEC+ countries fail to extend their export limitation agreement through the end of 2019, the price decline could the U.S. boom into a bust almost overnight.
Last month, Prime Minister Narendra Modi secured another 5-year term that delivered a mandate for Modi to continue his structural and financial reform agenda, underpinned by a litany of energy sector improvements that have already secured billions of dollars in U.S. investment.
By all accounts the U.S. is undergoing an economic transformation — one that leapt into a green energy evolution. The question now is how to bring everyone into the fold. While Trump seeks to divide us, the champions want to share the fruits.
Renewable energy is becoming a larger share of our energy mix. Their costs are falling but retail electricity prices are rising. Both can be true for now, but future changes in technology and market rules can reduce the price and system stresses of higher renewable penetration in the U.S.
Amidst reports of a continuing climate crisis, an International Monetary Fund study released last month shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The United States has spent more subsidizing fossil fuels in recent years than it has on defense or education.
Over recent years the march towards an energy industry ruled by renewables has been on the agenda of many countries and international bodies. Aside from their non-depleting and replenishing nature, renewable energy is poised to lessen the world's carbon footprint and reduce greenhouse gas emissions.
Big oil and investors agree in a Dialogue at the Vatican that the climate crisis needs systemic change across all sectors and that policy makers, business, investors, and consumers must collaborate for results.
Millions of floating islands, clustered together, that convert carbon dioxide to methanol fuel could help reduce the amount of green house gases in the atmosphere, according to researchers from Norway and Switzerland.
After two more tankers were attacked in the Gulf of Oman earlier this week fears are rising that the growing tension between the United States and Iran will escalate. Tensions in the region are already high, and there is not much clarity behind the culprit yet.
The U.S. shale gas industry is spending more on producing natural gas than it is realizing from the sale of that natural resource, resulting in a sea of red ink, says one study. Which companies can survive these times and what is their business formula?
Stories about the poor financial state of the shale industry should be viewed with skepticism, coming from a long line of similar warnings that somehow did not cause production of shale oil and gas to slow.
Debate rages in the Ohio Legislature over House Bill 6, legislation that is highly misunderstood. It would replace the State’s prescriptive renewable-only subsidies and green energy mandates in favor of more general subsidies to all clean-energy sources, which includes all renewables and nuclear.
Oil supply is confounding expectations. Wood Mackenzie has raised its forecasts for non-OPEC production, the latest in a series of incremental increases. Cumulatively, volumes for 2025 have risen by 9 million b/d compared with our 2016 forecast. Non-OPEC supply will hit 60 million b/d this year.
Despite being unable to pass a carbon tax in even the most progressive states, advocates brought their push for a national levy on carbon emissions to Capitol Hill this week. Meanwhile in Oregon, legislation to impose a California-style cap & trade system is reported dying a slow death.
Solar Energy Industries Association President and CEO Abigail Ross Hopper said it’s essential for the grid to be updated to enhance resilience and to increase two-way traffic of electricity going from powerplants into homes and from home solar electricity generators into the transmission network.
I once spent an hour briefing a creative agency about a copywriting project we needed their help with. They asked a lot of questions, many of which I couldn’t answer. My manager, who listened in on the briefing, told me afterward that it was “ineffective.”
Billionaire Michael Bloomberg has thrown down the gauntlet at the natural gas industry, pledging a big chunk of his personal fortune to fight new natural gas-fired power plants. The industry has no obvious counter what is without doubt a major challenge.
Ensuring a capable energy industry workforce to replace retiring baby boomers will require more effective science education in the nation’s schools. It’s especially important that students from a variety of backgrounds realize there is a place for them in the science and technical fields.
The US-China trade dispute, regional turmoil in Venezuela and the Middle East are spurring concerns about a potential global slowdown that could undercut demand for oil and gas, pushing prices even lower. The markets are clearly anticipating a slowdown and are reacting accordingly.
The U.K. has announced it will reduce its emissions to almost zero by 2050, committing nationally to a goal being discussed at EU level. A summit in Brussels next week, pitting East against West, will determine whether the EU sets the same target.
Urban planning has always faced challenges. Its planning takes place behind closed doors and is a bureaucratic process. Urban plans must be defended to the public, but communication with citizens that lack specialized knowledge is difficult.
A combination of key policies and market expansion can quickly tip the scales in favor of EVs—making them a powerful tool to reduce climate change, improve air quality, create jobs, and save a truckload of money on the road to a cleaner future.
The waters of the Persian Gulf are filled with offshore rigs, drilling below the sea to pump oil and gas to the surface. Soon, however, they may be the location for a more environmentally-sustainable energy source
Businesses are realising the risks climate change poses to their revenues, but they are also starting to find the opportunities to profit from the transition to a low-carbon world. Financial groups are set to suffer most, so they will put pressure on the firms they invest in to cut their emissions.
If you think that our national elections are vulnerable to outside attack, then you should be equally concerned about our country’s electrical grid that is literally the lifeblood of the American economy. Can the U.S. stay one-step ahead?
The deal by Comstock Resources to acquire Haynesville producer Covey Park brings the same principles of economies of scale via acquisitions that have driven the recent wave of consolidation in the Permian Basin to the Haynesville Shale play.
Rosana Bertone is favored to be re-elected as governor of the Argentine province of Tierra del Fuego on June 16 (or 23 if a runoff is required). Her main rival is Gustavo Melella, mayor of Río Grande. Both Bertone and Melella are strong supporters of former president Cristina Fernández de Kirchner.
Whether it's large-scale infrastructure or “consumer-facing” technologies, such as electric vehicle and solar rooftop panels, the willingness to adopt new energy technology has much more to do with personal opinions and politics than evidence.
As the world moves towards a low-carbon future, there is a growing range of technological advancements helping drive the transition away from fossil fuels. Energy storage is a vital component, but there are concerns about the impact of this growing demand for lithium.
The switch to electric transport is a slow burn currently, but it is gathering pace and electric vehicles are set to make up more than half of passenger car sales within two decades, with four out of five buses also being electric. Sales of conventional vehicles may have already peaked, says BNEF.
Cities have rarely been seen as drivers of environmental change. A number of major cities are aiming to become catalysts for the energy transition – speeding up the move away from fossil fuels, and using technology to become a catalyst for a sustainability.
The world is moving inexorably to low-carbon fuels. But fossil fuels will remain part of the mix, necessitating the development of carbon capture and sequestration. And one such method is to, literally, yank it out of the sky. Is this feasible?