PHILIP BUMP – Coal companies are in a bit of a bind. Well, a few binds, really, but let’s just focus on one at a time, shall we? Demand for their product domestically has dropped significantly of late, as prices of natural gas have remained low. But demand remains high overseas: In Europe, certainly, but particularly in Asia. So if you are running a coal company (which, if you are: Hello!), there’s an obvious solution. Take all that coal and ship it to China and India. Or maybe it’s not that easy.
Tag: natural gas
Yes, Coal is Dying, but No, EPA is Not the Main Reason
DAVID ROBERTS – I know lots of websites (including Grist!) allow “guest bloggers†to repost stuff. But I think of The Christian Science Monitor as something of an institution. It’s disappointing to find misleading dreck on its site. Do I have to squint at the small print before I can trust an article on CSM now? Is there no editing? You kids get off my lawn!
Three Ways to Fix the Climate in 2012 and Beyond
EBAN GOODSTEIN – It’s hot. It’s going to get hotter. And despite the politics of the moment, extreme weather will eventually drive a national consensus on climate action. What can each of us do to insure we get there soon, rather than too late? There are three answers. The first is to build political power. Elect clean-energy champions at the municipal, state, and national levels who can pass policies enabling a clean-energy revolution. The second is to stop expansion of the global carbon infrastructure. This will cut pollution — some — but will also build the morally grounded movement that must ultimately drive a strong clean-energy politics. Answer three? Grow the green shoots of the emerging sustainable economy.
Thanks to North Dakota, U.S. Waste of Natural Gas Grows Rapidly
MARK CLAYTON – The United States is posting rapid growth in the waste of natural gas in new oil fields where the fuel is either burned or vented into the atmosphere. Experts say the process damages the environment and fails to maximize the return to investors.
Keystone XL Pipeline Will Cost 20,000 Jobs Per Year
MARK WIGG – Canada has a surplus of crude oil and the US is pretty much their only market. About 20% of our oil now comes from Canada. According to today’s Toronto Globe and Mail (http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/crude-glut-in-us-suppresses-canadian-oil-prices/article2330013/) , we are paying $30 less per barrel for tar sands oil because they have no place else to sell it. This is why oil companies want the Keystone XL Pipeline. They want to export oil from Texas.
Oil and Water Wars Ahead in the Geo-Energy Era
MICHAEL T. KLARE – Welcome to an edgy world where a single incident at an energy “chokepoint†could set a region aflame, provoking bloody encounters, boosting oil prices, and putting the global economy at risk. With energy demand on the rise and sources of supply dwindling, we are, in fact, entering a new epoch — the Geo-Energy Era — in which disputes over vital resources will dominate world affairs.
ALEC – a Big Reason Why We Can’t Tackle Climate Change
JILL RICHARDSON – As the U.S. suffers through catastrophic tornadoes, heat waves, and other climate extremes – no doubt just a small taste of what the climate crisis will bring in the future – polluting industries and the politicians that serve them want to convince you that excess carbon dioxide in the atmosphere is actually a good thing.