The latest data from the International Energy Agency (IEA) and other sources proves that the oil and gas majors are in deep trouble. Over the last decade, rising oil prices have been driven primarily by rising production costs.
Americans are cool with paying more for energy if it means saving the planet, a new poll from Bloomberg found.
Respondents agreed, 62 percent to 33 percent, that they would shoulder increased costs if it lead to a reduction in carbon emissions: the bargain, in other words, put forward by the EPA with its new regulations for existing power plants.
Every day, the news about climate change and the harms that are sure to accompany it gets worse and worse. To many environmentalists, the answer is simple: power shift. That is, shift from fossil fuels to clean, green, renewable, alternative energy. Well-meaning concerned citizens and activists have jumped on the bandwagon.
New York State faces a fateful choice over its energy, environmental, and economic future.
It can chose a 21st century upgrade to clean energy and create a sustainable prosperity that protects our climate, cleans our air, and revives our economy. Or it can continue to rely on a 19th and 20thcentury fossil fueled energy system that will leave it battered by climate change, poisoned by pollution, and economically stagnant while other states and nations pass it by as they adopt the new sustainable technologies of the 21st century.
The Marshall Islands are filing lawsuits against the nine nuclear powers to get them to step up to their obligations under the Nuclear Non-Proliferation Treaty to negotiate total nuclear disarmament. Meanwhile, Bill McKibben is gathering citizens for a rally in support of urgent action on climate change in New York on September 21st and 22nd, where the next climate summit will be held.
Japan's nuclear regulatory agency has given final approval for TEPCO, the owner of the crippled Fukushima nuclear plant, to build its controversial "ice wall" as a way to mitigate further groundwater contamination at the site.
In the planning stages for well over a year, the idea for an ice wall may seem outrageous, but TEPCO has continued to push the proposal as the best way to keep additional water from seeping into the area around the plant and adding to the already enormous amount of contaminated water accumulating there.