User: flenvcenter Topic: Energy-National
Category: Fossil Fuels :: Oil and Gas
Last updated: Sep 05 2015 04:49 IST RSS 2.0
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Cheap Oil vs Clean Energy: A Strong Environmental Trade-Off 3.9.2015 Green on
The combination of robust world crude oil supply growth and weak global demand has contributed to rising global inventories and falling crude oil prices. The obvious winners of a lower oil price are oil importers and energy intensive sectors but a speculation that cheaper fossil fuels would mean a serious setback for renewables has been rife. Considering the latest data, however, it seems renewables are still going strong and it is the fossil fuel industry that is running into both short and long-term difficulties. For the first time in history, the five top sources of newly installed electricity in Europe were renewables, with hydropower, biomass and thermosolar (CSP) following wind and PV with the Global solar PV demand is forecast to grow by up to 25% in 2015. At the end of 2009, the world's cumulative installed PV capacity was more than 23 GW. One year later it was 40.3 GW and at the end of 2011 it was 70.5 GW. In 2012, the 100 GW mark was reached and by 2013, almost 138.9 GW of PV had been installed ...
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Gas Discovery in Egypt Concerns Israel 3.9.2015 Wall St. Journal: World
Israeli officials have expressed concern that the new discovery of an extensive gas field off the coast of Egypt could upend Israeli development of its own energy resources.
How Energizing Renewables can Spur Carbon Pricing 3.9.2015 Main Feed - Environmental Defense
By Jim Marston To avoid the worst effects of climate change, we must do more to reduce our greenhouse gas emissions. Yet, we still do not have a price on carbon, one of the most prevalent greenhouse gases in the world and the biggest contributor to climate change. Despite knowing that a carbon price creates broad incentives to cut emissions, the current average price of carbon globally (which is below zero, once half a trillion dollars of fossil-fuel subsidies are factored in) is much too low relative to the hidden environmental, health, and societal costs of burning a ton of coal or a barrel of oil. Policies that comprehensively reform the energy sector—a sector designed around fossil fuels—are necessary even as the price of renewable energy declines. The cost of solar photovoltaics, for example, has declined 80 percent since 2008. Prices will continue to fall, but not fast enough to make a dent in the climate problem. Policymakers are more likely to price carbon appropriately if renewables are ...
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Chinese-Owned Oil Sands Plant to Shut 3.9.2015 Wall St. Journal: US Business
The Canadian unit of Chinese state-controlled energy giant Cnooc said it will halt production at an oil-sands plant indefinitely as part of its effort to comply with an order from regulators forcing it to shut down pipelines at the site.
Indonesia to cut emission by 29 percent in 2030 3.9.2015 Yahoo: Politics
Indonesia has unveiled an ambitious new target for reducing carbon emissions, promising to slash its greenhouse gas output by 29 percent by 2030, the government said Wednesday. The increased commitment by one of the world's largest greenhouse gas emitters will be officially submitted to the United Nations later this month ahead of a major climate change summit in December. "We have reached the decision to reduce (emissions) by 29 percent by 2030," environment and forestry minister Siti Nurbaya Bakar told ...
Rubio touts end to oil-export ban, bemoans EPA in Oklahoma 3.9.2015 AP Politics
OKLAHOMA CITY (AP) -- Florida Sen. Marco Rubio says the U.S. should end its ban on crude-oil exports and reduce stifling federal regulations on the energy industry, which he says is central to the nation's economic prosperity....
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Rubio touts end to oil-export ban, bemoans EPA in Oklahoma 3.9.2015 Yahoo: Top Stories
OKLAHOMA CITY (AP) — Florida Sen. Marco Rubio says the U.S. should end its ban on crude-oil exports and reduce stifling federal regulations on the energy industry, which he says is central to the nation's economic prosperity.
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Three Ways Texas’ Latino Communities can Fight Climate Change and Protect Health 2.9.2015 Main Feed - Environmental Defense
1. America’s Clean Power Plan America’s Clean Power Plan marks the first time the U.S. will place limits on carbon pollution from existing power plants. The plan will significantly cut our nation’s greenhouse gas emissions, in part by incentivizing energy efficiency projects in low-income communities and requiring states to meaningfully engage with vulnerable populations including minority and tribal communities. According to the U.S. Environmental Protection Agency (EPA), the Clean Power Plan will avoid up to 3,600 premature deaths , lead to 90,000 fewer asthma attacks in children, and prevent 300,000 missed work and school days. As my colleague, Lucía Oliva Hennelly, recently wrote, the plan will also provide significant savings and job opportunities for Latinos. You can write to your representative and tell them to support these strong climate standards . 2. National methane pollution standards for the oil and gas industry The oil and gas sector holds an enormous opportunity for cutting greenhouse gas ...
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Recession heats up Canada political campaign 2.9.2015 Yahoo: Politics
Opposition parties in Canada went on the offensive Wednesday, using grim economic data to attack Conservative Prime Minister Stephen Harper's record with six weeks to go before election day. This is the second recession under recent Tory rule, but the prime minister insists the outlook remains positive. New Democratic Party leader Thomas Mulcair, who leads in the polls, and Liberal leader Justin Trudeau used the data to try and discredit Harper's management of the economy, which he has touted in stump speeches in every election since coming to power in ...
Report: Extravagant CEO Pay Packages Are Fostering Planet's Destruction 2.9.2015 Headlines
Nadia Prupis, staff writer

Pay incentives for the chief executives of the biggest publicly-held fossil fuel companies in the U.S. are worsening climate change by encouraging recklessness from management teams and rewarding companies' strongholds over oil, gas, and coal reserves, according to a new report published Wednesday by the Institute for Policy Studies.

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Ohio EPA Issues New Oil and Gas Air Pollution Controls 2.9.2015 Main Feed - Environmental Defense
Ohio EPA Issues New Oil and Gas Air Pollution Controls
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You think the stock market is crazy? Look at oil prices. 2.9.2015 Chicago Tribune: Business
Commodity markets are renowned for their booms and busts but the last four days in the crude oil market have even experienced traders ...
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Was the Katrina Oil Spill Disaster a Harbinger for the Atlantic Coast? 2.9.2015 Truthout - All Articles
When Hurricane Katrina hit the US Gulf Coast 10 years ago, it set off a disaster of many parts - and one of those parts was an oil spill catastrophe. In fact, Katrina turned out to be the worst US oil spill disaster since the 1989 Exxon Valdez tanker spill in Alaska. The storm resulted in an estimated 8 million gallons of oil spilled onto the ground and into waterways from Louisiana to Alabama. Both of those incidents have since been surpassed by the 2010 BP spill in the Gulf, which affected some of the same areas as the Katrina spill. The Katrina oil disaster offers important lessons for residents of the Atlantic Coast - another hurricane-vulnerable region that may soon be opened to offshore drilling. Federal regulators are now considering whether to include an area 50 miles off the coast from Virginia to Georgia in the 2017-2022 Outer Continental Shelf drilling lease plan . Katrina made its initial landfall in southeastern Louisiana in Plaquemines Parish, a center of the oil industry, as a Category 3 ...
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Eastern Libya struggles to attract oil buyers in row with Tripoli 2.9.2015 Yahoo: Top Stories
By Ulf Laessing CAIRO (Reuters) - Libya's official government is struggling to woo oil majors in a bid to control oil revenue and force a rival Tripoli government into a U.N. peace deal because foreign clients are wary of breaking with the established state energy firm in the capital. The battle over Libya's oil resources is at the heart of a conflict between two governments and parliaments allied to a host of armed groups fighting for power four years after an uprising ousted leader Muammar Gaddafi. The internationally recognized government, based in the east since losing Tripoli a year ago, wants oil firms to discuss purchase contracts with its own officials instead of the state oil firm based in the capital, which is held by a rival ...
Oil Export Momentum 2.9.2015 Wall St. Journal: Opinion
A federal study says repealing a ban won’t raise gasoline prices.
U.S. Report Sees Economic Benefit in Allowing Oil Exports 2.9.2015 Wall St. Journal: US Business
Lifting the nation’s four-decade ban on oil exports wouldn’t raise gas prices and could help lower them, a government study concludes.
Widespread and Increasing California Support for Climate Bills Embracing Clean Energy Economy 2.9.2015 Switchboard, from NRDC
David Puzey, Policy Advisor, Energy & Transportation Program, San Francisco: There has been a flood of support in recent weeks for two landmark bills that would advance California's clean energy economy and continue its leadership on curbing climate change. Not unexpectedly, the oil industry is trying to derail the...
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Vancouver oil terminal: bad for small businesses 2.9.2015 Seattle Times: Opinion
Lee Newgent, the executive secretary of the Washington State Building and Construction Trades Council, supports the proposed oil terminal in Vancouver [“Vancouver Energy Terminal: good for Washington and nation,” Aug. 28, Opinion]. Of course he would. Newgent’s job is to get construction work for his guys now, and if the oil terminal drives away future […]
ConocoPhillips plans to cut 10 percent of its workforce 2.9.2015 Yahoo: Top Stories
NEW YORK (AP) — Energy company ConocoPhillips, which has already cut 1,000 jobs this year, says it will eliminate around 1,810 more positions following a plunge that took oil prices to their lowest levels in ...
Four Things California Should Consider before Rolling Out Time-of-Use Pricing 2.9.2015 Main Feed - Environmental Defense
By Jamie Fine This summer the California Public Utilities Commission (CPUC) ordered big changes in how Californians will pay for electricity. Starting in 2019, residential customers of the big three investor-owned utilities (Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric) will be switching residential customers to the same pricing plan used by commercial and industrial customers:  time-of-use (TOU) electricity pricing. This approach rewards people who shift some of their electricity use to times of the day when renewable energy is plentiful and electricity is cheaper. Before rolling this out to all 33 million Californians, however, the CPUC has instructed the utilities to perform experiments on how best to design and then market TOU pricing to customers. These TOU pilots – which will begin summer 2016 – are the first steps in the journey toward full deployment, and as with other journeys, the first steps are often some of the most influential. There is already real-world ...
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