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EIA lowballs estimations for renewable generation 2016

Wrong Again: Electrical Generation from Renewable Blows Past EIA Forecast

Forecasts from the Energy Information Administration have consistently underestimated the growth of renewable energy development in the United States, a trend that persisted through 2016. The latest EIA Electric Power Monthly report shows continued rapid growth from all renewable energy sources through December 31, 2016. Electrical generation from solar, wind, biomass, geothermal, and hydropower sources accounted for 15.34 percent of the total for…

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New generating capacity in the US continues to outpace gas and other fossil fuels

New U.S. Capacity from Renewable Sources Far Outpace Natural Gas

The first quarter of 2016 is one of lopsided records. First there are the monthly temperature records, with February the most unusually warm on record followed by March, with yet a new record deviation. In the midst of these increasingly worrisome records is another, offering hope that the response to these changing climate patterns is underway. The latest “Energy Infrastructure Update” report…

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SCOTUS stay only a bump in the road for the Clean Power Plan as the trend away from dirty energy continues

Impact of Supreme Court Stay on Clean Power Plan

Earlier this week the Supreme Court issued a stay in a 5-4 vote along idealogical lines halting progress on the EPA’s Clean Power Plan (CPP), a mainstay of president Obama’s national climate action plan designed to limit greenhouse gas emissions from existing power plants. The order briefly stated that the CPP is on hold until legal challenges to the rule have run…

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Abandoned well of a different age: do falling oil prices signal the end of oil?

Falling Profits Augur the End of Oil

The profits of the big oil companies keep falling along with the price of a barrel of crude. In 2015, the profits of oil behemoths like Shell, Chevron, Exxon Mobil and BP tumbled. Together, these big four saw profits decline by an average of 65 percent last year. These falling margins have a cascade of impacts that are hastening the…

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Shell abandons Arctic because of market forces, not environmental epiphany

Why Shell Abandoned the Arctic: A Primer on Market Forces for Activists

While the laudable efforts of activists have been given credit for ending Arctic drilling, environmentalists could benefit from a better understanding of the dynamics at play. Attributing Shell’s decision to cease its drilling operations in the Arctic to environmental protest is an undeniably compelling narrative. If only a handful of passionate kayaktavists could stop Shell from drilling in the Arctic. The problem is that it is not true. It…

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The smog over Los Angeles

70 Mayors Write in Support of EPA’s Stricter Ozone Standards

The mayors of Grand Rapids and Salt Lake City publicized the letter, which cites the numerous acute and chronic threats to public health ground-level ozone poses. The EPA recently proposed lowering national ozone pollution levels to 65-70 parts per billion.

Citi Puts $44 Trillion Price Tag on Climate Change Inaction

Investing in low-carbon energy would save the world economy and society $1.8 trillion by 2040. Failing to take global action to avoid a climate change tipping point, moreover, will cost the global economy and society some $44 trillion by 2060, , according to Citi’s Altenative Energy and Cleantech Research Group.