Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) June 2021 In 2020, Iran produced less than 2 million barrels per day (b/d) of crude oil, an almost 40-year low in Iran’s production levels according to our analysis, which we updated in July. Several factors contributed to Iran’s low crude oil production in 2020, … [continued]
After the bubbling furor of yesterday’s 310,000 People’s Climate March, some may expect tomorrow’s UN summit to result in ringing declarations, money pouring in to fight climate change, and a unanimous world climate treaty on how to vanquish the threat. Or, perhaps more realistically, to make sure humans are still … [continued]
The World Bank is supposedly changing its ways and putting more and more money into clean energy. This is what it keeps telling us. Though, some analyses would tell you otherwise and it just recently approved approximately $3 billion for what will be the 4th largest coal power plant in … [continued]
[social_buttons] China Development Bank recently agreed to loan the Argentinian government $10 billion for new railway and metro construction. China has become a major source of funds for countries around the world, acting essentially as an alternative or competitor to the World Bank. It has been increasing its spending in … [continued]
As California moves to implement cap and trade to reduce harmful greenhouse gases, the UC Berkeley Center for Law, Energy and the Environment has published a new study designed to help lawmakers in California fine-tune the legislation. [social_buttons] As with the studies by the German Marshall Fund with its Ten … [continued]
It’s official. The EU trading system got carbon emissions down. It’s one thing when renewable energy writers on blogs like this say cap and trade has transformed Europe. [social_buttons] We regularly cover the huge wind and solar industries created there – the results of Europe’s early adoption of the Kyoto … [continued]
Clean energy is one of the top topics in the world these days, in presidential speeches, economic growth plans and projections, international competition and cooperation, and even in Hollywood. We have seen rapid growth in wind power, rooftop solar, innovative financing, and much more recently. Here is my list of … [continued]
The deadline for agreeing to the Copenhagen Accord may have been dropped, but the pressure to agree to the Accord and to announce commitments to create cleaner energy sources and reduce pollution is still on. The US Climate Action Network (USCAN) is making it easier for all of us to … [continued]
