Obama’s Climate Plan is Leaking Methane
Obama’s climate plan encourages electrical plants to convert from coal to natural gas, completely ignoring methane as a potent greenhouse gas.
Read more...Category Archives: Energy markets
Gaius Publius: Obama’s Flawed Cap-and-Trade, Um, Pay-to-Pollute, Emissions Plan
There’s little force in most market-based systems for carbon emissions. Cap-and-trade works better (depending on the implementation) if the goal is to reduce pollution (like sulphur) by an industry you want to preserve (like coal-burning energy facilities). Cap-and-trade works terribly for an industry you want to destroy — like coal-burning energy facilities. But Obama wants the public to believe that this sort of “market-based approach” is a great solution.
Read more...Joe Costello: Why the Oil Industry is Running Into Major Trouble
Over the last year, some deep truths about oil and the oil industry have begun to bubble to the surface. Not necessarily that they were ever hard to see, but they were easy to obscure and maybe more importantly, without too much effort, ignore. No longer.
Read more...Michael Klare: Energy Companies Persuade Emerging Economies To Embrace Environmental Destruction, Erm, Growth
How major energy companies are selling their former first world product, fossil fuels, to the third world, replaying Big Tobacco’s ploy.
Read more...Ukraine: The Real Energy Crisis Starts in June
The West needs to curb its enthusiasm over the recent elections in the Ukraine. Gazprom is tightening the energy screws next week.
Read more...R. Hunter Biden Should Declare Who Really Owns His New Ukrainian Employer, Burisma Holdings
Trying to pierce the murk around the new Ukrainian venture of Vice President Biden’s son R. Hunter Biden
Read more...The Birth of a Eurasian Century: Russia and China Do Pipelineistan
Russia and China, along with other developing economies, are exploring ways to create an Eurasian alliance to go toe-to-toe with the US economic hegemony.
Read more...Enron 2.0: Goldman-Linked Investors Set to Manipulate East Coast Electricity Prices
Remarkably, some Goldman alumni look about to re-enact Enron-style energy market price manipulation all along the East Coast. And no one appears to be alert enough to stop them.
Read more...Texas Family Awarded $3 Million in America’s First Fracking Trial
How they won and lessons for activists. (I am so happy Maine has no oil curse.)
Read more...Ilargi: What is the Earth Worth (6 Years Later)?
Yves here. This is a day-late Earth Day post, but the proper stewardship of this planet is a 365-day-a-year duty. Ilargi focuses on one of my pet issues, that too many of the remedies for climate change (and environmental protection generally) rely on the illusion of new technology eliminating or blunting the need for lifestyle changes.
Read more...Fourth Anniversary of Gulf Oil Spill: Wildlife Is Still Suffering from Toxic Cover Up
BP and the Government Decided to Temporarily Hide the Oil by Sinking It with Toxic Chemicals … The Gulf Ecosystem Is Now Paying the Price
Read more...A U.S.-Saudi Move to Lower Oil Prices to Hurt Russia?
Could the U.S. unleash a flood of oil from the strategic petroleum reserve that would drive down prices in order to punish Russia?
Read more...Wolf Richter: German Industry Goes To See Uncle Putin
Russian President Vladimir Putin might have had a field day listening to Obama’s Brussels speech threatening more economic sanctions, except he was otherwise engaged.
Read more...Washington Does Not Have a Natural Gas Weapon Against Moscow
To many, the answer to the specter of Russian natural gas dominance is clear: unleash America’s natural gas abundance and displace Moscow. But will that work?
Read more...Gaius Publius: Neoliberalism, “Just Desserts,” and the Post-Climate-Crisis Economy
Gaius examines the connections between neoliberalism and the convulsions that climate change will bring to the world.
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