Greenhouse

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.

Multiple solutions will be required to meet energy demand and curtail greenhouse gas emissions that will result from population growth and economic expansion, Exxon Mobil 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.

The International Energy Agency (IEA) Friday called for an “energy revolution” worldwide to reduce the world’s dependence on fossil fuels. To halve greenhouse gas (GHG) emissions by 2050, at least $45 trillion — three times the current size of the entire U.S. economy — needs to be invested by governments and the private sector into the energy sector, the Paris-based agency said.

The International Energy Agency (IEA) Friday called for an “energy revolution” worldwide to reduce the world’s dependence on fossil fuels. To halve greenhouse gas (GHG) emissions by 2050, at least $45 trillion — three times the current size of the entire U.S. economy — needs to be invested by governments and the private sector into the energy sector, the Paris-based agency said.

Rep. Edward Markey (D-MA) last Wednesday unveiled legislation that offers a cap-and-invest system to reduce heat-trapping greenhouse gas (GHG) emissions in the United States.

In the long term North America will be the dominant liquefied natural gas (LNG) market, greenhouse gas (GHG) emissions control will increase demand and price pressures on gas, and end-use customers for both electricity and natural gas utilities will face ever-larger rate increases, a panel of U.S. utility executives said last Tuesday at the Goldman Sachs Eighth Annual Power and Utility Conference in New York City.

In the long term North America will be the dominant liquefied natural gas (LNG) market, greenhouse gas (GHG) emissions control will increase demand and price pressures on gas, ultimately end-use customers for both electricity and natural gas utilities will face ever-larger rate increases, a panel of major U.S. utility executives said Tuesday at the Goldman Sachs Eighth Annual Power and Utility Conference in New York City.

Portland, OR-based Northwest Natural Gas Co., the largest natural gas-only distributor in the region, said it passed a significant milestone Tuesday in its effort to reduce its greenhouse gas (GHG) footprint by encouraging its 600,000 customers to move to electronic, or paperless, billing systems. More than 10% now have chosen that path.

Natural gas is being left out initially in California’s preliminary recommended auction for greenhouse gas (GHG) emissions allowances as part of a proposed cap-and-trade system for lowering the energy sector’s carbon footprint in the state by 2020 under a climate change law’s mandate. However, there is no consensus on this or other issues, such as cost, treatment of public-sector utilities, and the needed safeguards and monitoring of the allowance trading market.