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News & Updates

August 22, 2012 California CO2 market players eyeing nuclear plant woes

Source: Reuters

Newly announced major layoffs and a prolonged outage at a major nuclear power plant have raised concerns that the price of carbon allowances for California's forthcoming cap-and-trade program will rise sharply, market...

August 21, 2012 Can natural gas help tackle global warming? A primer.

Source: Washington Post

This winter, the United States reached a striking milestone. Carbon-dioxide emissions from the energy sector sank to their lowest levels in 20 years. At a glance, the country appears to be making major progress in tackling...

August 21, 2012 New carbon emissions rule could cost UC, CSU millions

Source: Orange County Register

SACRAMENTO – Large campuses in the University of California and California State University systems are bracing for the implementation of new state rules that will force them to cut carbon emissions or pay as much as $28 million...

August 21, 2012 Exxon, Qatar propose $10 billion U.S. energy export project

Source: Market Watch

Exxon Mobil Corp. and Qatar Petroleum International are teaming up on a proposal to export liquid natural gas (LNG) from Texas. Exxon is a 30% owner of Golden Pass Products and Qatar holds a 70% stake. The two firms could invest...

August 20, 2012 Abundant Natural Gas and Oil Are Putting the Kabosh on Clean Energy

Source: Wired News

Since the 1950s, the US has had a perverse approach to energy. In effect we have maximized demand by building bigger, hungrier cars, homes, and lifestyles and minimized supply by limiting oil drilling, coal mining, and nuclear...

August 20, 2012 California suspends CO2 market rule on electricity imports

Source: Reuters

California's air regulator said on Thursday it would delay by 18 months a controversial part of its carbon market rules addressing imported electricity after coming under pressure from a Washington official who warned it...

August 20, 2012 Australia attacks controversial EU carbon tax on international airlines

Source: TN - Global Travel Industry News

The major parties have come together to attack the European Union's (EU) controversial carbon tax on international airlines. The Labor government on Thursday backed a strongly worded motion by Nationals leader Warren Truss, which...

August 17, 2012 In a surprise, CO2 emissions fall to 20-year low in U.S.

Source: NY Times

Mainly because power plants have switched from coal to natural gas, climate-changing carbon dioxide emissions hit an unexpected 20-year low earlier this year, the Associated Press reports. AP cites a "little-noticed technical...

August 17, 2012 Is Natural Gas a Sustainable Threat to Coal?

Source: Power Engineering Magazine

As the power industry faces record low natural gas prices and a number of federal regulations aimed at cleaning up coal power, the battle between natural gas and coal is raging full-force. During a session at the COAL-GEN...

August 16, 2012 Environment Minister: Germany Needs More Coal, Gas Power Plants

Source: Fos Business

NEURATH, Germany--German Environment Minister Peter Altmaier said Wednesday the country will need to build more coal- and gas-fired power plants in coming years to ensure energy supplies, even as Germany is pursuing one of the...

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