Fossil Fuels

Trump’s War on Iran Has Broken the Oil Market

Almost 8 months into Trump’s war on Iran, we can see more clearly the consequences of this quagmire. Some have been quite unexpected, like the surprising resilience of the oil market, the emergence of multiple failure points outside of Hormuz (including Bab-al Mandeb, the East-West pipeline, and global refinery capacity), … [continued]

The Economics Of Climate Free Riding Have Changed

For much of the climate-policy era, national self-interest and climate action could plausibly point in different directions. A country could let others spend more on emissions reductions while continuing to use familiar coal, oil and gas infrastructure at home. When the low-carbon alternatives were expensive, limited or immature, that could … [continued]

FERC Proposes Blanket Authorization of Certain LNG Projects & Drafts Measures to Weaken Air Quality…

If Implemented, Methane Gas Projects Could be Approved Without Proper Review of Harmful Impacts Washington, DC — Today, at its monthly meeting, the Federal Energy Regulatory Commission (FERC) proposed two new measures to speed up approval of methane gas projects without the proper review or oversight. FERC opened a rulemaking … [continued]

Trump’s Latest Diesel Fuel “Deal” Already Reeks Of Failure (And Corruption, Of Course)

The cost of diesel fuel in the US remains stubbornly high, even as US President Donald Trump experiments with various schemes to push prices down ahead of the mid-term elections.

Sierra Club Slams Trump Administration’s Decision to Bypass Environmental Reviews for Arctic Oil Drilling

WASHINGTON, D.C. — Today, the Trump administration invited fresh controversy when it announced it will abandon environmental reviews under the National Environmental Policy Act (NEPA) to allow oil and gas companies to run roughshod over pristine Arctic ecosystems to search for expensive, far flung oil. The Bureau of Land Management … [continued]

Hawaiʻi’s LNG Bridge Has An Expensive Exit

The argument for bringing liquefied natural gas to Oʻahu is straightforward enough. LNG could replace oil for a period, potentially lower generation costs and give Hawaiʻi more time to build out renewable electricity. The difficulty is that Hawaiʻi law requires electric utilities to reach 100% renewable electricity generation by 2045, … [continued]