The cap-and-trade system for controlling greenhouse gas emissions that is being promoted by the Obama administration and congressional Democrats is a “dead end” and “an enormous threat to our economy,” according to Alaska Gov. Sarah Palin.
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API: Producers Spend Most on GHG Mitigation Technology
Domestic oil and natural gas companies invested $58.4 billion between 2000 and 2008 in technologies to reduce greenhouse gas (GHG) emissions, more than was invested by either the federal government or by all other U.S.-based private industries combined, according a study commissioned by the American Petroleum Institute (API).
API Study: Oil, Gas Top Spender on GHG Mitigation Technologies
Domestic oil and natural gas companies invested $58.4 billion between 2000 and 2008 in technologies to reduce greenhouse gas (GHG) emissions, more than was invested by either the federal government or by all other U.S.-based private industries combined, according a study commissioned by the American Petroleum Institute (API).
Study: Cap-and-Trade to Force Move Away from Domestic Gas
President Obama’s proposed cap-and-trade plan for controlling greenhouse gas (GHG) emissions is expected to push up demand for natural gas over the next decade, especially by power generators, but a large part of the demand isn’t likely to be met by domestic gas due to the emission allowance costs that will be imposed, according to a study released last Tuesday. Rather it said foreign imports of liquefied natural gas (LNG) are expected to fill the void.
Study: Cap-and-Trade to Force Move Away from Domestic Gas
President Obama’s proposed cap-and-trade plan for controlling greenhouse gas (GHG) emissions is expected to push up demand for natural gas over the next decade, especially by power generators, but a large part of the demand isn’t likely to be met by domestic gas due to the emission allowance costs that will be imposed, according to a study released Tuesday. Rather, it said foreign imports of liquefied natural gas (LNG) are expected to fill the void.
Duke Research Finds Little Impact on Gas From Carbon Cap
A mandatory cap on carbon dioxide (CO2) emissions will not be a magic bullet to drive up demand for natural gas among power generators, according to research by Duke University’s Climate Change Policy Partnership (CCPP).
Researchers: Carbon Cap Won’t Power Up Gas Demand
A mandatory cap on carbon dioxide (CO2) emissions will not be a magic bullet to drive up demand for natural gas among power generators, according to research by Duke University’s Climate Change Policy Partnership (CCPP).
Economists See Carbon Control Boosting Natural Gas Prices
Restructuring energy use in the United States to drastically cut greenhouse gas emissions through cap-and-trade systems or taxes on carbon dioxide will come at a high cost for the nation’s citizens, according to an analysis, “The Cost of Climate Regulation for American Households,” by two Clemson University economists.
Gas Prices, Carbon Constraints Hurt Edison Mission
Depressed wholesale natural gas and power prices, along with the prospects for curbing emissions to meet anticipated future carbon constraints, combined to drive down earnings in the fourth quarter for Edison International’s independent energy unit, Edison Mission Group (EMG), the parent company reported Monday as part of a conference call on its year-end 2008 earnings, which were up 4% over the previous year. Prospects for EMG this year are not much better, according to Edison CEO Ted Craver, speaking to analysts.
ExxonMobil: Demand Outpaces Efficiency Gains for Next 20 Years
Multiple solutions will be required to meet energy demand and curtail greenhouse gas emissions that will result from population growth and economic expansion, ExxonMobil Corp. said in its “Outlook for Energy: A View to 2030,” the latest iteration of the annual report. Fossil fuels will retain their primacy among energy sources, but nuclear power and renewable energy will take a growing slice of the pie.