Wind could power 20 percent of eastern grid

January 23, 2010

WASHINGTON (Reuters) – Wind energy could generate 20 percent of the electricity needed by households and businesses in the eastern half of the United States by 2024, but it would require up to $90 billion in investment, according to a government report released on Wednesday. For the 20 percent wind scenario to work, billions must […]

France tries to thrash out new carbon tax formula

PARIS (Reuters) – France’s government is trying to piece together new carbon tax legislation that would cover big polluters without double-charging them, after a previous attempt to tax emissions was scrapped at the last minute. An army of chief executives attending the international climate talks in Copenhagen urge government officials to curb emissions and unleash […]

Summit in Disarray after ‘Danish Text’ Leak

December 12, 2009

Developing countries react furiously to leaked draft agreement that would hand more power to rich nations, sideline the UN’s negotiating role and abandon the Kyoto protocol. See the entire article here: http://www.guardian.co.uk/environment/2009/dec/08/copenhagen-climate-summit-disarray-danish-text See the leaked “Danish Text” courtesy The Guardian: http://www.guardian.co.uk/environment/2009/dec/08/copenhagen-climate-change

Check Out the Climate Deal Draft

Courtesy The Wall Street Journal: http://online.wsj.com/public/resources/documents/climatedealdraft.pdf

Retail Electricity Suppliers Battle Utilities

December 7, 2009

BY MARK PETERS Consumers looking to take advantage of a sharp drop in U.S. power prices increasingly are turning to new suppliers. The economic downturn, combined with a boom in natural-gas output, has driven wholesale electricity prices sharply lower in the past year, inspiring an increasing number of recession-strapped households to shop around for cheaper […]

Pickens says increasing oil, natural gas exposure

October 6, 2009

From Reuters: Tue Oct 6, 2009 5:16pm EDT Texas oil tycoon T. Boone Pickens said on Tuesday he has increased his long oil and natural gas position in recent weeks. NEW YORK — “It’s not my personality to be short,” said the billionaire who has made his fortune investing in the oil sector. Oil prices […]

Warmer Winter Could Chill Natural Gas

From Forbes: Jesse Bogan, 10.06.09, 05:00 PM EDT Some battered producers are turning optimistic, but a government forecast suggests little near-term upside. HOUSTON — A bump in natural gas prices and lower operating costs are causing some independent exploration and production companies to talk about picking up drilling activity. However, a report from the U.S. […]