Browsing the "oil" Tag

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Remember BP’s Deepwater Horizon oil spill disaster? It was even bigger than we thought.

Toxic and invisible oil spread well beyond the known satellite footprint of the Deepwater Horizon oil spill, according to a new study led by scientists at the University of Miami (UM) Rosenstiel School of Marine and Atmospheric Science. By Dan Bacher “These new findings have important implications for environmental health during future oil spills,” according […]

February 13th

War on Science: Despite denier talking points, solar and wind are MUCH cheap than oil, coal and gas

A new report published this week by the International Renewable Energy Agency has found that 77% of onshore wind projects and 83% of utility-scale solar PV projects set to be commissioned in 2020 will be cheaper than the lowest fossil fuel-fired generation prices. The news has been heralded across the internet as a death-blow for […]

June 3rd

Fossil fuel investments are DOOMED. Part 1: A data-rich analysis of the oil market.

There are three major categories of fossil fuels: coal, oil, and gas. I will discuss oil first, with a detour to electricity, followed by coal. Then we have natural gas, and finally we’ll have a section on the fate of utilities. I will go through pricing calculations and comparisons to demonstrate that the alternatives to coal, oil, and gas […]

November 19th

Western states could save $600 million by using more renewable energy

The Rocky Mountain Institute analyzed a case study of Tri-State Generation and Transmission Association, a coop that provides power to more than 1 million consumers in Colorado, Nebraska, New Mexico, and Wyoming.  RMI found the coop’s customers could save over $600 million through 2030 if the co-op integrated more renewable energy resources instead of relying on its array […]

August 25th

Why did Canada just buy a $4.5 pipeline to send tar sands oil to China? It’s worse than you think.

CleanTechnica contributor Michael Ballard published a well researched analysis of the economics behind Canada’s decision this month to buy the Trans Mountain pipeline from Kinder Morgan for $4.5 billion. He suggests the pipeline is intended to provide China with a reliable source of petroleum for its future needs and questions whether, with China’s increasing reliance on renewable energy, […]

June 8th

Rapidly shifting energy markets could strand 25% of global oil refining capacity in next 20 years

A quarter of all global refining capacity could be stranded, uneconomical and forced to close by 2035 in the face of falling demand, climate regulations and the rapid growth of clean energy technology. By Joshua S Hill  The London-based think-tank Carbon Tracker this week published Margin Call: Refining Capacity in a 2°C World, a new report which investigates […]

November 3rd

After Peak Oil, what next? Who profits, who loses bigly?

Many people expected that peak oil  would lead to rising prices – basic supply and demand. But reality has been very different. By George Harvey  What we’ve actually seen: Prices dropped because declines in demand actually preceded declines in production. And the result is a market most people, possibly even OPEC leaders, have found unpredictable. We […]

June 20th

No Fracking In New York Says DEC

Residents of New York state need not worry, there will be no fracking in New York. The New York state Department of Environmental Conservation (DEC) banned the practice by issuing the final document needed to ban the practice. The state DEC has studied the controversial practice for seven years leading up to yesterday’s ban of high-volume […]

June 30th