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STUDY: U.S. subsidises fossil fuels 2.5 times more than renewables — Autoblog Green
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According to a new study that reviewed fossil fuel and energy subsidies for Fiscal Years 2002-2008 was just released by the Environmental Law Institute and discovered that the U.S. spends about two-and-a-half times as much on fossil fuels (mostly aiding foreign oil production) than it does on renewable energy.
FT.com | FT Energy Source | Comment: Searching in vain for the oil shock effect
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Do high oil prices cause recessions? The US economist James Hamilton is famous for his 1983 finding that oil price spikes had preceded all but one post-war US recessions[1]. Hamilton recently claimed that the current recession can be fully accounted for by the high oil prices of 2007-08. But while oil prices are certainly an important macroeconomic variable, it is just not plausible that they have anything like the impact that Hamilton suggests.
the outlook for energy: a view to 2030
- the views from the largest energy company in the world regarding energy in 2030 - keulenae on 2009-01-17
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To help us prepare for the future energy marketplace, each year
ExxonMobil develops The Outlook for Energy, a broad in-depth look at the
long-term global trends for energy demand and supply, and their impact on carbon
dioxide (CO2) emissions.The Outlook for Energy is the result of a rigorous ongoing assessment
process that includes a detailed analysis of approximately 100 countries, 15
demand sectors and 20 fuel types. It is underpinned by economic and population
projections as well as our expectations for energy-efficiency gains from the
deployment of advanced technologies and adoption of better energy-management
practices. Building on many decades of experience, ExxonMobil conducts this
analysis utilizing in-house expertise and modeling tools as well as input from a
wide variety of third-party organizations, such as the International Energy
Agency and the U.S. Department of Energy. The results of this comprehensive
study provide a foundation for ExxonMobil's business planning.ExxonMobil shares The Outlook for Energy publicly to help build
understanding of the world's energy needs and challenges. This year's report
focuses on energy demand to the year 2030. It examines key drivers of rising
demand and the way this demand will be met by the various available energy
sources, including fossil fuels, nuclear power and renewable energies, and it
provides insight into the challenge of meeting growing energy needs while
mitigating global CO2 emissions.
Compulsory contributions from UK energy companies (11 Sep 2008) - Reckon LLP
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UK Government announcement (8 pages, PDF) of a plan to “propose legislation requiring energy suppliers and electricity generators to contribute an estimated additional £910 million” towards a “Home Energy Saving Programme”. This cost estimate relates to the period to March 2011.
What Is a 'Windfall' Profit? - WSJ.com
The "windfall profits" tax is back, with Barack Obama stumping again to apply it to a handful of big oil companies. Which raises a few questions: What is a "windfall" profit anyway? How does it differ from your everyday, run of the mill profit? Is it some absolute number, a matter of return on equity or sales -- or does it merely depend on who earns it?
Enquiring entrepreneurs want to know. Unfortunately, Mr. Obama's "emergency" plan, announced on Friday, doesn't offer any clarity. To pay for "stimulus" checks of $1,000 for families and $500 for individuals, the Senator says government would take "a reasonable share" of oil company profits.
The Oil Drum | Peak Oil Overview - June 2008 (Pdf and Powerpoint available)
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This is an update of my Peak Oil Overview at March '08. The major changes since my earlier post are the recent apparent decline in Russian production, the new ASPO peak oil projection, and discussion of the recent consumer producer summit in Saudi Arabia (slide 14). I also mention the expected change in IEA's November 2008 forecast of world production.
R-Squared Energy Blog: Americans Responding to $4 Gasoline
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At Four Dollars per Gallon Almost Three Quarters of Americans Report Changing Driving Habits to Cope with Gas Prices
The Oil Drum: Europe | Why oil costs over $120 per barrel
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With oil reaching $135 / barrel, Oil Drum readership exceeding 30,000 unique visitors per day and many wild stories circulating in the MSM as to why oil prices are so high this post strives to explain why oil prices are rising exponentially.
Environmental Capital - WSJ.com : When Cheap Housing Isn't: How Transportation Changes the Equation
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Ballooning gasoline prices aren’t just changing how people drive—they may soon change where people live. With gas stuck above $3.00 a gallon, those cheaper houses in the suburbs can be a money-losing proposition in the end.
Those Who Control Oil and Water Will Control The World « Dissent Mag
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History may not repeat itself, but, as Mark Twain observed, it can sometimes rhyme. The crises and conflicts of the past recur, recognisably similar even when altered by new conditions. At present, a race for the world’s resources is underway that resembles the Great Game that was played in the decades leading up to the First World War. Now, as then, the most coveted prize is oil and the risk is that as the contest heats up it will not always be peaceful. But this is no simple rerun of the late 19th and early 20th centuries. Today, there are powerful new players and it is not only oil that is at stake.
Peak Energy: Titan: A Moon Made Of Oil
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New findings by the mission to Titan, reported on Wednesday by the European Space Agency (ESA), say Saturn's orange moon has hundreds of times more liquid hydrocarbons than all the known oil and natural gas reserves on Earth.
Energy Outlook
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An article in today's Washington Post compared the recent rise in oil prices to a $150 billion dollar-per-year tax on the US economy, enough to negate the various economic stimulus plans being discussed by the Congress and White House. It's a shocking figure, and it helps feed the forecasts of recession, which tend to be at least partially self-fulfilling. But before we accept that $150 million figure at face value--despite its impressive pedigree--it's worth spending a moment on a few ballpark validations. Above all, we should remind ourselves that if high oil prices are a tax, they tax producers, not consumers, who rarely purchase crude oil to use in our homes or vehicles.
TED | Talks | Amory Lovins: We must win the oil endgame (video)
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Energy guru Amory Lovins lays out his plan for weaning the US off oil and revitalizing the economy in the process. It's the subject of his book Winning the Oil Endgame, and he makes it sound fairly simple: On one hand, the deadly risks of continued dependency, and on the other, some win-win solutions.
Energy Roundup - WSJ.com : No Alternatives to $100 Oil
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The demand-driven surge in commodity prices of all kinds — whether oil, metals or grains — means blockbuster profits have been matched by soaring costs, particularly for new projects using cutting-edge technologies. Meanwhile, aging plants and fields are proving less reliable, making core businesses less profitable even as oil prices hit new highs.
2007 Energy IQ Survey
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At a time when millions of Americans are focusing on energy issues and policies, a new survey finds that most U.S. adults have a fundamental lack of knowledge regarding energy demand and supplies and the role of America's oil and natural gas companies.
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