By Marcelle Arak and Sheila Tschinkel | (The Conversation) | – – Global stock markets have been in a tailspin this week. And the sinking price of oil received at least some of the blame. Just this week, the cost of a barrel of crude reached a 12-year-low of US$27, down from more than $100 […]
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Energy
Top 6 Wind Energy stories Today: Cost down 60% since 2009
By Juan Cole | (Informed Comment) | – – 1. This press release from Windpower Engineering notes that in 2015: “The German electricity system has reached a new milestone, generating 85.4 billion kWh of wind power in 2015, the highest amount ever recorded and 66% more than 2014. Nationwide, wind energy accounted for 13.3% of […]
The Oil Pricequake: From Russia to Saudi Arabia & Iran, a suddenly Perilous World
By Michael T. Klare | ( Tomdispatch.com) | – – As 2015 drew to a close, many in the global energy industry were praying that the price of oil would bounce back from the abyss, restoring the petroleum-centric world of the past half-century. All evidence, however, points to a continuing depression in oil prices in […]
The Question isn’t of Saving the World via Renewables but of how Much can be Saved
By Juan Cole | (Informed Comment) | – – Humanity is not abandoning fossil fuels fast enough to avoid some massive changes to our world’s climate, with all the implications that change has for sea level, coastal erosion, extreme weather, and desertification and drought. There have been impressive advances in adoption of solar and wind […]
Carbon Emissions stall as renewables move into top gear
The Tree | – – As the news broke … that global greenhouse gas emissions reached a plateau in 2014, a flotilla of announcements from both countries and companies at the Paris climate summit confirmed renewable energy’s pivotal role in the future global economy. Saint Lucia became the 29th nation to join an island renewables […]
With Oil at $36/barrel, Have Democrats just Won the Presidency?
By Juan Cole | (Informed Comment) | – – The price of petroleum fell Monday to levels not seen since the crash of 2008, at one point hitting $35 a barrel in New York. There is every reason to expect prices to remain low for a few years, and they could easily go lower as […]
Sell that Coal Stock: The future belongs to Wind and Solar, COP21 or No
By Michael T. Klare | ( Tomdispatch.com) | – – Historically, the transition from one energy system to another, as from wood to coal or coal to oil, has proven an enormously complicated process, requiring decades to complete. In similar fashion, it will undoubtedly be many years before renewable forms of energy — wind, solar, […]
Paris COP21 will only slow Climate Change: Here’s What’s going to happen to you and your children
By Katja Frieler | (The Conversation) | – – At the Paris climate summit, delegates are deciding on a global goal for temperature rise. At the time of publication, the latest draft text calls for the world to “hold the increase in the global average temperature to well below 2℃ above pre-industrial levels and to […]
Hope: World Economy Grew but CO2 Emissions Slowed in 2015 (Less Coal, more Wind & Solar)
Pep Canadell | (The Conversation) | – – Despite robust global economic growth over the past two years, worldwide carbon emissions from fossil fuels grew very little in 2014, and might even fall this year. A report released today by the Global Carbon Project has found that fossil fuel emissions of carbon dioxide grew by […]
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