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News & Updates

May 24, 2016 There's no reason to avoid energy stocks, experts say - text/video

Source: CNBC

One sector that's taken a serious beating lately is energy. It seems there's big concern from investors each time there's a drop in the price of oil. Many believe they should just stay away from energy companies.

May 24, 2016 Burning all fossil fuels could lead to global warmth not seen in 65 million years

Source: USA Today

If every last crumb of fossil fuel on the planet was burned — all 5.5 trillion tons of the Earth's oil, coal and natural gas now underground — the world could heat up by as much as 18 degrees in the next three centuries,...

May 23, 2016 Energy Expert Says Oil Prices Won't Top $100 a Barrel

Source: ABC News

Following a stunning decline, oil prices have clawed back near the $50 level this year. Production boomed in the U.S. but is now slumping. Globally, OPEC is in disarray and major producers can't agree on steps to boost prices.

May 20, 2016 These 5 Facts Explain Why Venezuela Could Be on the Brink of Collapse

Source: Time

The situation in Venezuela is going from bad to worse. This week, Venezuelan President Nicolas Maduro repeated his threat to seize closed factories and nationalize them, a bold move considering his popularity numbers are in the...

May 20, 2016 Carbon Dioxide Levels Jump by Record Amount Due to El Nino

Source: ABC News

The amount of heat-trapping carbon dioxide in the air jumped by the biggest amount on record last month, a rise amplified by El Nino, scientists say.

May 20, 2016 Trans Mountain Decision Shows Pipelines Are in Canada's Best Interest

EIN Newsdesk - Governments use these revenues to pay for social services, such as health care and public ... be a tremendous stimulus for the Canadian economy," McMillan said. The Conference Board of Canada estimates the Trans...

May 20, 2016 House committee asks Schneiderman for records related to climate change probe

Times Union - The letter requests a number of records, including all documents and communications between Schneiderman's office and anyone at a number of environmental groups, including Greenpeace and the Union of Concerned...

May 19, 2016 Goldman Says Tesla Won't Come Close to Target, But Rates It a 'Buy' Anyway

Source: Bloomberg

Tesla Motors Inc. has set an unrealistic goal for itself and will probably miss 2018 production forecasts by a whopping 66 percent, according to a report Wednesday by Goldman Sachs Group Inc.

May 19, 2016 Feds want to ensure coal companies can clean up land they damage

Source: LA Times

The federal agency that oversees surface coal mining said Wednesday that it would consider drafting new rules to ensure that coal companies can afford to clean up land they damage – though the announcement is not likely to lead...

May 18, 2016 Ontario to spend $5.4 billion to cut carbon footprint : Globe and Mail

Source: Reuters

The government of the Canadian province of Ontario plans to spend more than C$7 billion ($5.41 billion) over four years from 2017 in a bid to cut the province’s carbon footprint, the Globe and Mail reported on Monday.

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