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Former Shale Gas CEO Says Fracking Revolution Has ...

Steve Schlotterbeck, who led drilling company EQT as it expanded to become the nation’s largest producer of natural gas in 2017, arrived at a petrochemical industry conference in Pittsburgh Friday morning with a blunt message about shale gas drilling and fracking. “The shale gas revolution has frankly been an unmitigated disaster for any buy-and-hold investor in the shale gas industry with very few limited exceptions,”...

Trump Admin Argues No Constitutional Right to a Sa...

Almost exactly two years after President Trump announced his plans to withdraw from the Paris climate accord, a groundbreaking youth climate change lawsuit challenging the federal government’s promotion of fossil fuel energy was back in court for a long-awaited hearing. Before a three-judge panel in the Ninth Circuit Court of Appeals, the Trump administration, which has tried numerous times to derail the suit, argued that...

GE bet on fossil fuels, lost nearly $200B in misju...

General Electric’s profitability collapse over the past few years can be largely attributed to the company’s inability to judge the accelerating pace of the global energy transition away from fossil fuels and toward renewables, a new study claims. The analysis comes from the Institute for Energy Economics and Financial Analysis (IEEFA), which says that “GE made a massive bet on the future of natural gas and thermal coal, and...

As Ohio Valley Ponders Plastics Growth, Report War...

As a new plastics industry emerges in the Ohio Valley, a report by environmental groups warns that the expansion of plastics threatens the world’s ability to keep climate change at bay. The report released Wednesday by the Center for International Environmental Law, Environmental Integrity Project, FracTracker Alliance, and others used publicly available emissions data and original research to measure greenhouse gas...

Warren Buffett, Fear, and Greed in Fracked Oil Fie...

Warren Buffett, CEO of investment holding company Berkshire Hathaway, is considered one of the top investors in history and can back up that track record with a personal wealth of around $90 billion. Buffett is known for advising investors to be “fearful when others are greedy and greedy when others are fearful. In the U.S. fracked oil industry, this month can be read like a textbook version of Buffett’s fear and greed...

Millions of abandoned wells spark climate, safety ...

A couple of years ago, Charlie Brethauer started to smell gas in the backyard of his home. Figuring it was a leak from the service line that heats his garage, he grabbed a shovel and started digging in a patch of blackened soil about 20 feet from the back door of his rural home in Richland Township, Pa., 15 miles north of Pittsburgh. The shovel struck a plastic bucket covering the end of a vertical steel pipe. As he widened...

Clean investments in U.S. doing far better than fo...

Fossil fuel never had a better friend in the White House than Donald Trump. So why, two years into his presidency, are investors favoring public companies devoted to renewable energy and giving the Bronx cheer to the coal, gas and oil crowd? Trump campaigned against the scientific consensus on climate change and promised to repeal any regulation that impeded the exploration, drilling, mining and burning of traditional...

Ohio’s nuclear bailout bill will hurt children’s h...

CLEVELAND — As pediatricians, we have a responsibility to alert parents, our community, and policymakers about threats to the health of our children, so we can take steps to protect our state’s most vulnerable citizens. State lawmakers are currently considering a bill that would endanger the health of all Ohioans, especially the health and well-being of our children. Babies and children cannot advocate for themselves,...

Revised Ohio nuclear ‘bailout’ bill raises more qu...

An updated version of the bill would still exclude most wind and solar from clean air credits, while allowing payments to unspecified “reduced emissions resources” that could include gas and coal. COLUMBUS — Republican lawmakers in the Ohio House introduced legislation Friday that would provide subsidies for two Ohio nuclear power plants owned by FirstEnergy Solutions, while at the same time defunding decade-old renewable...

Can 100 Percent Renewable Energy Cope With a Polar...

When a polar vortex hit parts of the Midwest and Northeast at the end of January, it brought temperatures cold enough to cause frostbite on exposed skin in just five minutes and closed down schools and businesses. Demand for power was intense, and the internet erupted in arguments about whether transitioning to 100 percent renewable energy would leave people in the lurch in periods of extreme weather. The conventional power...

Why glass recycling in the US is broken

Americans turn old bottles into new ones at much lower rates than people in other countries. A recent analysis explains why by Mitch Jacoby FEBRUARY 11, 2019 | APPEARED IN VOLUME 97, ISSUE 6 IN BRIEF Glass can be recycled endlessly by crushing, blending, and melting it together with sand and other starting materials. Doing so benefits manufacturers, the environment, and consumers. Yet each year only onethird of the roughly...

The Hidden Risk in the Fracking Boom

Are pipeline safety regulations keeping pace with the flood of natural gas? At 10:40 a.m. on Monday, January 21st, a pipeline carrying natural gas ruptured in rural Noble County, in southeastern Ohio, producing a fireball that surged 120 feet into the air and engulfed the Noll family home, with 12-year-old son Nash inside. The boy’s grandfather rushed into the inferno and rescued him, says Noble County Emergency Management...

Economics professor discovers concerning effects f...

Oil and gas “boomtowns,” such as Ohio’s Belmont County, may be bearing the costs of drilling without reaping all of its benefits, according to a newly published paper by Dr. Amanda Weinstein, assistant professor of economics at The University of Akron. Weinstein, along with coauthors Mark Partridge and Alexandra Tsvetkova from The Ohio State University, researched the flow of money in energy boomtowns...

Global corporate renewable purchases hit 13.4GW in...

Fueled by a growing corporate appetite for clean energy, 121 companies around the world signed long-term deals for 13.4 GW of wind, solar and other renewables in 2018, smashing a prior record of 6.1 GW in 2017, BloombergNEF said in a report released Jan. 28. More than 60% of the newly contracted power, or 8.5 GW, is in the United States, where nearly three dozen first-time buyers expanded the non-utility market for...

Warning Signs Flash For U.S. Shale (2019)

The shale tidal wave may finally be starting to ebb. The largest oilfield services company in the world says that shale drilling activity is slowing, creating an uncertain outlook for 2019. The recent volatility in oil prices has created “less visibility and more uncertainty” on spending by shale companies in 2019, Schlumberger’s CEO Paal Kibsgaard said on an earnings call on January 18. Shale drillers are “generally taking...