Posts in clean energy future

IEA’s “golden rules for the golden age of gas”
The respected chief economist of the IEA, Fatih Birol, has warned that the world will become increasingly reliant on shale gas and oil from Iraq in the coming decades. In part to help stave off the growing public backlash against shale gas, the IEA is preparing, along with a number of governments, a set of “best…
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US Oil Boom “Increases Energy Vulnerability”
As the International Energy Agency warns that world oil markets face a “bumpy ride” in the months ahead, Barack Obama has being trying to defend his energy policies. His defence comes at a time when rising gas and energy production prices look increasingly likely to be become a key election issue in November, with his…
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“The door is closing”
We are used to dire warnings about climate change. But they do not often come from the IEA, the world’s energy watch-dog. And for such a conservative body, they do not often sound this dire. Such is our predicted catastrophic path of fossil fuel dependence, that over the next five years the last chance of…
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Congress is “Most Anti-Green” in History
OK there is only one story in town this week in Washington. With just hours to go the House of Representatives has just passed a last minute bill to raise the US borrowing limit, preventing the markets free-falling. The Senate is now expected to follow suit. The immediate reaction from the Democrats is anger that…
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World Bank Executives: Stop Defending Dirty Energy for the Poor
The World Bank Group, perhaps the best-known publicly-funded international development institution, is pitched in an important battle over the future of its energy lending. Unfortunately, if some Bank executives have their way, the new Energy Strategy will become a blueprint for straddling the world’s poorest nations and people with dangerous and polluting energy. That’s because…
Continue reading ‘World Bank Executives: Stop Defending Dirty Energy for the Poor’.Join this Friday’s Rally at the World Bank: Support Clean Energy for the Poor
We need your help this Friday to call on the World Bank Group to direct its energy lending to provide healthy, clean energy access to the world’s poor. Currently, 1.4 billion people mostly in rural Asia and Africa are without access to electricity. The World Bank says that alleviating this energy poverty is one of…
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Obama and energy security: another missed opportunity
The president presented some encouraging words at Georgetown University today when he spoke about the urgent need to address America’s energy security. As he so often does, he correctly identified the problem the nation faces in continuing to rely on dirty forms of energy that pollute and cause climate change and particularly on oil, the…
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Canadian Pipedream
Why Canadian oil does not make America secure Political turmoil in the Middle East once again exposes America’s dependence on oil and its vulnerability to global price spikes. On Capitol Hill, Big Oil’s political lackeys are stepping up their campaign for supply solutions and the current must-have item on their list is the Keystone XL…
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Push Back Against the Climate Deniers and End Fossil Fuel Subsidies
At the same time it appears that big oil and coal climate denial campaigns are successfully stifling climate action in Congress and the Obama Administration, a group of America’s top scientists stepped up to the plate on Tuesday and called on House and Senate leaders to “take a fresh look at climate change.” And none…
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Reserves Replacement Ratio: past its sell-by date?
Is a key valuation metric used by analysts to assess oil companies pushing big oil towards riskier and riskier projects? Those of us outside the financial sector may not be too familiar with acronyms such as RoACE, NAV or RRR. But the last one in particular has been intriguing me lately because of its implications…
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