Category Archives: Coal

5 Energy Predictions for 2011: Solar Soars As Fossil Fuel Costs Grow

gas-pump1The year ahead appears poised to be another wild ride for the energy sector. A recovering US economy combined with continued strength in China and India will send oil and coal prices toward highs not seen since 2008. Meanwhile, solar and wind power will become increasingly attractive investments and grow their share of Continue reading

Wind & Solar Poised to Supply New Demand

wind-farmThe recession was supposed to slow down white-hot renewable energy growth. A lack of financing and tax equity was to reduce the wind and solar markets as much as 50% in 2009. Instead, last year brought new records in capacity additions. Wind power in the US grew Continue reading

EIA: US emissions diving more than 4% in 2009

climatechange1As I wrote last month would probably happen, the Energy Information Administration (EIA) lowered its estimate for fossil fuel energy demand in 2009, translating into a huge drop in greenhouse gas emissions. Emissions projections for coal, oil, and natural gas were all lowered in its July Short Term Energy Outlook — meaning, by my calculations, that US emissions are expected to fall Continue reading

Recession keeps a lid on fuel prices

gas-pump1The recent oil price rally has taken a break due to the persistence of recessionary low demand. While lower prices may finally translate into lower crude oil and natural gas output in July 2009 than in 2008, US demand numbers show little sign of recovery. This reality makes it tough for renewable energy to compete currently, but is a relief to Continue reading

The Human Toll of Fossil Fuel Use

coal-minersMost of my posts have focused on the environmental and public health impacts of burning fossil fuels due to their greenhouse gas emissions. But the 16 deaths from a liquefied petroleum gas explosion on an Italian train today are an important reminder that reduced emissions are not the only benefit from efficiency and Continue reading

Deutsche Bank leader: Renewable Energy Ready, Clean Coal Years Away

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One of the most compelling speakers at our last day of REFF Wall Street was Deutsche Bank’s Global Head of Asset Management, Kevin Parker.

The focus of his talk was the importance for the finance community to respond to resource scarcity amidst a Continue reading

EIA Report: US emissions to tank ~3.5% in ’09

climatechangeThe US Energy Information Agency (EIA) has further lowered its emissions projection for 2009 this month, as I said in May was likely. Lower coal consumption drives the reduction, based on the drop in industrial demand for fuel and the substitution by natural gas for coal for Continue reading

House committee passes climate bill as electricity emissions plunge

climatechange1Yesterday, the House Energy & Commerce Committee passed Waxman-Markey’s American Clean Energy & Security (ACES) Act by a 33-25 vote. This passage does not guarantee ultimate passage in the full House or Senate, but gets some positive political momentum behind necessary federal Continue reading

May report: US emissions expected to fall further

us-mapThe US Energy Information Administration (EIA) released its monthly Short Term Energy Outlook today. And their projection for 2009 US carbon dioxide emissions from energy fell even further than last month’s. The drop was led by Continue reading

NY moves to become offshore wind power leader

Denmark offshore, photo by Jim Hodson of Greenpeace

Denmark offshore, photo by Jim Hodson of Greenpeace

SET’s home state of New York is moving to become a leader in offshore wind power. Both the New York Power Authority (NYPA) and the Long Island Power Authority (LIPA) have offshore wind farms they are pursuing. The NYPA project would be the first major freshwater wind farm in Continue reading