Carbon

BP’s Dudley Talks Supply/Demand Coming into Balance, Suggests U.S. Policymakers Engage in ‘Sensible’ Energy Reforms

The oversupply that has gripped the energy complex may be moving into balance, but the massive transition by producers continues in the age of surplus oil and natural gas, which has forced all energy companies “to quickly adapt or perish,” BP plc Group CEO Bob Dudley said Thursday.

June 24, 2016

ExxonMobil, FuelCell Tag Team to Capture CO2 Emissions at Natural Gas Plants

ExxonMobil Corp., whose CEO is known for not taking bets on anything that doesn’t make money, announced Thursday it is collaborating with FuelCell Energy Inc. on carbon capture to reduce emissions from power plants that burn natural gas and coal.

May 6, 2016

ExxonMobil, FuelCell Tag Team to Capture CO2 Emissions at Natural Gas Plants

ExxonMobil Corp., whose CEO is known for not taking bets on anything that doesn’t make money, announced Thursday it is collaborating with FuelCell Energy Inc. on carbon capture to reduce emissions from power plants that burn natural gas and coal.

May 6, 2016
Alberta Budget Hit Hard by Slumping Oil/NatGas Prices; Recovery in Sight?

Alberta Budget Hit Hard by Slumping Oil/NatGas Prices; Recovery in Sight?

Canada’s main natural gas- and oil-producing jurisdiction braced Thursday for another 36 months of hard times, with commodity prices and revenues seen likely to fall far short of fully recovering.

April 18, 2016
Alberta Budget Hit Hard by Slumping Oil/NatGas Prices; Recovery in Sight?

Alberta Budget Hit Hard by Slumping Oil/NatGas Prices; Recovery in Sight?

Canada’s main natural gas- and oil-producing jurisdiction braced Thursday for another 36 months of hard times, with commodity prices and revenues seen likely to fall far short of fully recovering.

April 18, 2016

Jury Still Out on Carbon Trading Programs, Review Finds

Carbon trading cap-and-trade programs are poised to grow, but how effective they are remains a question, according to a report by the California Public Utilities Commission (CPUC).

April 7, 2016
U.S. Carbon Emissions Decline 2% as NatGas Use Expands, Says IEA

U.S. Carbon Emissions Decline 2% as NatGas Use Expands, Says IEA

Global energy-related carbon dioxide (CO2) emissions, considered the largest source of man-made greenhouse gas emissions, remained flat in 2015 for the second year in a row, in part on the rising use of natural gas, according to an analysis of preliminary data by the International Energy Agency (IEA).

March 16, 2016

Washington State Carbon Tax Proposal Nears November Ballot

A proposed statewide measure to create a carbon tax (I-732) is likely headed for the November ballot as the Washington state legislature has failed to act on the signature-certified proposal and is scheduled to adjourn March 10.

February 29, 2016

Most Electric Utility Execs Back Embattled CPP, But Express Gas-Fired Power Reliance Concerns

More than two-thirds (70%) of U.S. electric utility executives want to see the Obama administration’s proposed Clean Power Plan (CPP) move forward, according to an annual survey by Utility Dive that was conducted before the proposal was temporarily blocked by the U.S. Supreme Court.

February 17, 2016

Despite Stay of Clean Power Plan, Utilities Still Abandoning Coal For NatGas, Renewables

Despite the uncertainty created by the U.S. Supreme Court’s decision to temporarily block the Obama administration’s proposed Clean Power Plan (CPP), some of the nation’s largest electric utilities predict their industry will not be dissuaded from retiring coal for power generation, and will continue to embrace natural gas and renewables.

February 11, 2016
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