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WORLD’S LARGEST OIL COMPANIES: Deep Trouble As Pro...

The world’s largest oil companies are in serious trouble as their balance sheets deteriorate from higher costs, falling profits and skyrocketing debt.  The glory days of the highly profitable global oil companies have come to an end.  All that remains now is a mere shadow of the once mighty oil industry that will be forced to continue cannibalizing itself to produce the last bit of valuable oil. I realize my extremely...

Governments Giving Fossil Fuel Companies $10 Milli...

Energy companies receive $5.3 trillion a year in funding from governments worldwide, says financial powerhouse. The fossil fuel industry receives $5.3 trillion a year in government subsidies, despite its disastrous toll on the environment, human health, and other global inequality issues, a new report by the International Monetary Fund (IMF) published Monday has found. That means that governments worldwide are spending $10...

IEEFA Update: Coal Is Dying, and EPA’s Clean Power...

Energy Policy From Washington Drifts Toward Irrelevance By turning the clock back on American energy policy through reversal of the Clean Power Plan, EPA Administrator Scott Pruitt — if he succeeds — will end up making electricity for everyday Americans more expensive. And as power bills rise so will the coal industry’s harmful impacts public health and the environment. I say “if he succeeds” because his order will very...

Perry proposes law to force Americans to buy dirti...

Energy Secretary ignores his own grid study to make good on his threats to punish renewables In a brazen move, Energy Secretary Rick Perry has ignored the findings of his own grid study and proposed a new federal rule that would effectively force Americans to buy dirtier, more expensive power. The Department of Energy (DOE) announced Friday morning that Perry has “formally proposed that the Federal Energy Regulatory...

GM commits to ‘all-electric future’ as...

This photo provided by General Motors Co. shows a Chevrolet Bolt, surrounded by nine electric and fuel cell vehicles covered by tarps. On Monday, Oct. 2, 2017, GM announced the company will produce two new electric vehicles on the Bolt underpinnings in the next 18 months and 20 electric and hydrogen fuel cell vehicles by 2023. (Courtesy of General Motors Co. via AP)(AP) General Motors presented its strategic vision on how it...

6 Ways to Encourage American Solar Manufacturing W...

The U.S. needs solar manufacturing. But not through Section 201. The verdict is in: By unanimous ruling, the U.S. International Trade Commission found that increased imports are causing serious harm to U.S. solar cell and module manufacturing. While domestic deployments of solar have grown nearly eightfold in the past five years, U.S. manufacturing has fallen behind. Previous trade cases were intended to stabilize pricing...

Trump Administration May Soon Ax Obama’s Big...

Many expect EPA will reassess the Clean Power Plan to show a higher price tag and smaller benefits U.S. EPA staff under Administrator Scott Pruitt might refute Obama-era findings that reducing carbon dioxide emissions has large health benefits. Credit: Riccardo Savi Getty Images When the Obama administration issued its landmark climate rule in 2015, officials declared that benefits to public health and the climate would be...

Three Ways Electric Utilities Can Avoid A Death Sp...

In the summer of 2016, two high-profile investment advisors declared “The Sun Will Set on Electric Utilities” in a well-read Barron’s article.  Citing rising fixed costs and competition from energy storage and microgrids, Leonard Hyman and William Tilles predicted a “death spiral” for utilities where rising prices create ever-reinforcing incentives for customers to find cheaper power elsewhere. But contrary facts and...

Oil and gas allies to Trump: Slow down

While the industry has generally cheered the administration’s approach, there are growing worries that its efforts could backfire. President Donald Trump’s aggressive drive to roll back environmental regulations is moving too fast even for some in the oil and gas industry. Publicly, petroleum companies and their trade groups are cheering Trump’s efforts to undo former President Barack Obama’s environmental...

A State Trend Toward Ignoring Trump Emission-Regul...

The Trump administration is abdicating Obama-era climate regulations, but a small — and growing — amount of states are taking matters into their own hands. The weapon of choice? The federal social cost of carbon, developed by the former Obama administration’s interagency working group composed of federal scientists and economists. The way it works is that it monetizes the net damages of carbon dioxide emissions,...

Ohio lawmakers see labor, business potential in en...

  A bipartisan group of Ohio lawmakers saw firsthand how energy efficiency programs support good jobs as they met with union and business leaders last week at a Cleveland-area training facility. On August 24, the Sheet Metal, Air, Rail & Transportation Workers Local 33 (SMART) union and the Cleveland chapter of Sheet Metal and Air Conditioning Contractors’ National Association (SMACNA) hosted lawmakers and business...

The Dubious Case for Appalachian Coal Subsidies

As technologies for renewable energy and grid management advance, the special position that coal has held since Thomas Edison’s first power plants in the 1880s has become much harder to defend. The call to subsidize coal is a sign of how the economics of power generation have been transformed. Just five years ago, it was renewable sources that needed subsidies to compete, but their costs have been plummeting. Now the US is...

Group aims to reduce solar ‘soft costs’ in Ohio co...

A new program seeks to spur solar energy development in southeastern Ohio by cutting costs and reducing barriers at the local level. The plan will provide technical assistance to help four small towns and rural areas in Appalachian Ohio receive recognition as solar-friendly communities. The Southeast Ohio Public Energy Council (SOPEC) has engaged Sarah Conley-Ballew to help Somerset, Amesville, the city of Athens and the...

How Two Bankrupt Companies Are Threatening Tens of...

SEIA’s (Solar Energy Industries Association) Abby Hopper: “If we can’t stop this (Trade Commission) case, we may see a lot of solar workers, including many in manufacturing, in unemployment lines. Let’s be clear: the Section 201 trade case now under consideration at the U.S. International Trade Commission (ITC) is about jobs, plain and simple. If the petitioners get what they want, tens of thousands of American solar workers...

No One Is Talking About This Disappearing Coal Job...

A couple of months ago, Donald Trump was cheering a new coal mine in Pennsylvania that will put 70 people to work — good news for a president whose pledge to revive the industry helped get him elected. But a bigger group of coal workers has already suffered sweeping job cuts, and it’s bracing for more. Coal-fired power plants employ more people than mines, and they’re shutting down all over the country. Cheap natural...