Not Over A Barrel
A Message from ExxonMobil:
Biofuel refined from algae could transform how we power automobiles and jet planes. It’s energy-rich and emits significantly less CO2 than most transportation fuels. And it doesn’t compete with food and fresh water supplies. We’re actively researching this technology to move it from the petri dish to the fuel tank. To learn more about our work and why we think this is a promising technology: EnergyFactor.com
Trump to Call for U.S. ‘Dominance’ in Global Energy Production
Donald Trump will tout surging U.S. exports of oil and natural gas during a week of events aimed at highlighting the country’s growing energy dominance. The president also plans to emphasize that after decades of relying on foreign energy supplies, the U.S. is on the brink of becoming a net exporter of oil, gas, coal and other energy resources.
Trump’s agenda faces climate deep state
The Trump administration plans to repeal, reject and otherwise root out climate change policies that the president sees as undermining his pro-growth, America First agenda. A big problem for President Trump is that much of the federal policy apparatus that directs climate change activity is deeply and structurally embedded in the federal bureaucracy, and has been relatively untouched by the new administration. This is especially the case because former President Barack Obama’s fiscal 2017 budget continues into the fall.
EPA updates East Chicago Superfund site on cleanup efforts: ‘We recognize this is a problem’
A high-ranking U.S. Environmental Protection Agency official was on hand Saturday for the first monthly informational meeting for people who live in the U.S.S. Lead Superfund site in East Chicago. Albert Kelly, senior adviser to U.S. EPA Administrator Scott Pruitt, joined the panel of EPA staff at Carrie Gosch Elementary School to provide an update on the status of testing and clean-up efforts of the Superfund site, as promised by Pruitt in May after he toured the lead-contaminated property and met with residents.
As Trump moves to privatize America’s national parks, visitor costs may rise
Some are concerned that the proposed privatization of some public park services would drive up costs for visitors and fail to raise enough for repairs. America’s national parks need a staggering $11.5bn worth of overdue road and infrastructure repairs. But with the proposed National Park Service budget slashed by almost $400m, the Trump administration says it will turn to privatizing public park services to address those deferred maintenance costs.
Mixed reactions to BLM, EPA methane waste rule actions
Some industry leaders were happy and some citizen watchdogs were not when two parts of the federal government this month decided to put the brakes on methane and natural gas waste rules. The Environmental Protection agency placed a two-year pause on its oil and gas methane pollution rule in mid June as the agency seeks comments while it amends the rule.
Bill Clinton: ‘The water is going to keep rising’ whether US stays in Paris or not
Former President Bill Clinton on Saturday offered advice to U.S. mayors who plan to honor the Paris climate accords in the wake of President Trump’s decision to pull the U.S. out of the agreement. Clinton also argued that pursuing clean energy would only improve the economy.
Oil and Natural Gas
Texas oil company cited for improper drilling in Colorado that spewed waste
A Texas oil company enmeshed in a decade-long dispute over leases to drill in western Colorado’s Thompson Divide area was hit with three federal “non-compliance” notices for improper drilling last week that led to a spill. Bureau of Land Management officials ordered SG Interests to stop drilling and clean up spilled foam chemicals, wastewater and drill cuttings, BLM spokesman Steven Hall said in an email response to Denver Post queries.
How Four Brothers Survived the Gas Bust to Make Family a Billion
Merger of Appalachian gas producer EQT Corp. and Rice Energy will create one of the country’s largest natural gas producers. Rice Energy’s founding family is poised to reap more than $1 billion in its sale to rival EQT, after the gas producer’s shares rebounded from depths that forced the Rices to sell stock at an all-time low/
Oil Falls Prey to ‘Hungry’ Bears as Investors Drop Bets on Rally
Bears are dominating the oil market. Hedge funds cut bets on rising West Texas Intermediate crude prices by 31 percent in the week ended June 20, pushing their net bullish position to the lowest in 10 months just as the U.S. benchmark slipped into a bear market. Wagers on declining prices reached a new high for the year.
Citing Trump’s executive order, BLM considers leasing sage grouse habitat for oil and gas
The federal push to open energy development on public lands resonates in Wyoming, where low prices and production have wreaked havoc on the economy. But when it comes to saving a chicken-sized bird once considered for an endangered species listing, the overlap of conservation and drilling for oil and gas can drum up conflict.
In Pakistan, a Fuel Tanker Fire Leaves at Least 150 Dead
When a tanker truck overturned on a road in eastern Pakistan on Sunday, hundreds of people rushed toward the vehicle to collect the spilled and leaking fuel. Using buckets, bottles and cns, they scooped up some of the 5,500 gallons of fuel that was gushing onto the road. Then, suddenly the truck caught fire and exploded, killing at least 150 people and seriously injuring at least 100 others.
Oil edges above November lows but under threat from U.S. supply surge
Oil rose for a third straight session on Monday, as speculators took advantage of last week’s drop to seven-month lows, although a relentless increase in U.S. supply and little evidence of a widespread drop in global inventories capped gains.Investors in U.S. crude futures and options have increased their bets against a further rise in prices, just as the number of U.S. oil rigs in operation hit its highest in over three years.
Utilities and Infrastructure
NY Bill Sets Stage for Storage Targets
New York lawmakers last week unanimously passed a measure requiring the state’s Public Service Commission to set targets to increase the adoption of energy storage in the state through 2030. The new law requires the commission to work with the New York State Energy and Research Development Agency (NYSERDA) and the Long Island Power Authority to set targets and develop a storage deployment program.
Ramping up government infrastructure spending: Fund manager Q&A
The prospect of a big federal government ramp-up in infrastructure spending has helped lift shares in companies that may play a role in overhauling the nation’s crumbling roads, bridges, and airports. President Donald Trump recently announced initiatives aimed at speeding the approval process for such projects. But the centerpiece of his plan would use $200 billion in government money to attract enough private investment to raise $1 trillion for infrastructure projects.
Increasing number of farms switching to solar power
Farmers have always followed natural progression when it comes to technology. MiEnergy, a Saskatoon-based company, has been in the renewable energy industry for 15 years, first with geothermal and then expanding four years ago into solar energy.
Simsbury Debates Trade Off Between Green Farmland And Green Energy
Deepwater Wind, the group behind the nation’s first offshore wind farm, is now proposing a massive clean energy project in Connecticut. The company wants to build what could be one of region’s largest solar farms in Simsbury. The development would put solar panels on private land currently farmed for crops. If built, the company said the project will generate enough energy to power about 5,000 homes.
Glencore in bidding war with China to buy Rio coal assets
Miner and trader Glencore (GLEN.L) on Friday hit back with an increased offer of $2.675 billion (2.10 billion pounds) in cash to buy Australian coal assets from Rio Tinto (RIO.AX) (RIO.L) that earlier this week said it was favouring a Chinese bid. On Tuesday, Rio Tinto said it had selected Yancoal (YAL.AX) to buy its Coal & Allied division in Australia for $2.45 billion. That was $100 million lower than a previous counter-bid from Glencore, but Rio said it believed Yancoal’s offer could be completed more quickly because it had regulatory approvals.
People Of Coal-Rich Northern Cheyenne Torn Between Jobs And Sacred Culture
The Northern Cheyenne Reservation sits on one of the richest coal deposits in the country. There are billions of tons of the black rock buried underneath Littlebird, Lame Deer and the surrounding pine-dotted prairie. In some places, it’s so easy to access that coal developers have told tribal members it could be scraped up with a spoon. But despite high unemployment and systemic poverty, the Northern Cheyenne Tribe has never touched the coal.
Nuclear power infrastructure: Here is why Narendra Modi government adding 7000 MW to India’s Npower capacity is good news
The Union government’s approval last month for the construction of 10 nuclear power units with a cumulative capacity of 7,000 MW has reaffirmed India’s commitment to helping meet its energy needs through this environmentally safe resource. Significantly, the Pressurised Heavy Water Reactors (PHWR) would be made indigenously. The decision is likely to result in manufacturing orders of close to Rs 70,000 crore for the domestic industry, and generate more than 33,400 jobs. These nuclear plants are unlikely to suffer the fate of the numerous coal-based plants which are operating at low utilisation levels due to excess generation capacity.
A flurry of recent statements show widespread climate doubt in the Trump administration
After President Trump withdrew from the Paris climate agreement, journalists repeatedly asked the White House what he thought about climate change — and couldn’t get straight answers. Since then, though, additional statements from Trump and members of his administration have provided additional evidence suggesting that these leaders don’t accept the mainstream science of climate change.
Watch this ruling: It could affect coal and climate reviews across the West
Any day now, a federal appeals court in Denver is expected to rule on a case with major repercussions for coal mining on western public lands, one that could potentially affect other energy projects. Depending on its decision, the 10th U.S. Circuit Court of Appeals could force the U.S. Interior Department to more extensively analyze how expansion of coal mining on federal land affects carbon emissions.
From heatwaves to hurricanes, floods to famine: seven climate change hotspots
The evidence for the onset of climate change is compelling. But who and where is it hitting the hardest? How fast will it come to Africa, or the US? What will be its impact on tropical cities, forests or farming? On the poor, or the old? When it comes to details, much is uncertain. Mapping the world’s climate hotspots and identifying where the impacts will be the greatest is increasingly important for governments, advocacy groups and others who need to prioritise resources, set goals and adapt to a warming world.
An Australian engineer is hoping to use drones to plant 1 billion trees every year to fight an unfolding global catastrophe. Deforestation and forest degradation make up 17 per cent of the world’s carbon emissions — more than the entire world’s transportation sector, according to the United Nations.
Opinions, Editorials and Perspectives
Transmission Projects Make Grid Reliable, Cleaner, and Invest in America
Let’s talk about win-wins — technology that can dramatically improve our electrical system and drive the U.S. economy. I’m not talking about something as sleek as Tesla’s Powerwall or the chic design of modern wind turbines — it’s something essential to a modern way of life that most people see every day. Transmission lines.
Focus on private sector to combat climate change
To confront the greatest common threat we have ever faced, we must go where the most change can be made. I believe that the private sector provides the best such opportunity. After all, most U.S. emissions come from the private sector — and if policy can’t be expected to limit those emissions, something else has to.
Matchmaking Finance and Infrastructure
The world needs to invest an average of US$3.3 trillion, and emerging markets of US$1 to 1.5 trillion annually just to meet currently expected rates of growth. The world currently spends US$2.5 trillion a year on infrastructure, and economists estimate that it needs to invest an average of US$3.3 trillion annually just to support currently expected rates of growth – with energy requiring the largest amount. For emerging markets, the infrastructure financing gap is estimated at around $1 trillion to $1.5 trillion a year.
NWE delivers renewable energy
NorthWestern relies on clean, sustainable water and wind to provide reliable, affordable electricity to our Montana customers. Nearly 60 percent of the electricity we currently provide comes from our hydroelectric dams and wind farms. We have recently reached agreements with several new large wind projects and in coming weeks we will have six independently owned solar projects as part of our energy mix.
A Message from ExxonMobil:
Energy is fundamental to modern life and drives economic prosperity – in small communities across America and around the world. We need a range of solutions to meet growing energy demand while reducing emissions to address the risk of climate change. Visit the Energy Factor to learn more about some of the bold ideas and next-generation technologies we’re working on to meet this challenge: EnergyFactor.com
Impacts of Climate Change on World Heritage Coral Reefs: A First Global Scientific Assessment
In the past three years, only four reef-containing World Heritage properties escaped exposure to bleaching-level heat stress, while more than three-quarters of the properties have been affected by severe and/or repeated heat stress. Under RCP8.5 (similar to a “business-as-usual” scenario), this study predicts that 25 of the 29 World Heritage reefs will experience twice-per-decade severe bleaching by 2040, a frequency that will rapidly kill most corals present and prevent successful reproduction necessary for recovery of corals. All properties will experience annual severe bleaching, and thus will cease to host functioning coral reef ecosystems, by the end of the century unless CO2 emissions are reduced.