Energize Weekly, February 17, 2021 European oil companies are continuing their push to reorient and rebrand themselves as comprehensive energy companies and not just producers of oil and natural gas. On Feb. 9, French oil company Total announced it was changing its name to TotalEnergies to reflect a broader strategy of developing renewable energy and…
Energize Weekly, November 11, 2020 Election returns on state and local energy issues were both literally and figuratively all over the map last week on issues ranging from renewable energy to oil and gas taxes. Voters in Alaska rejected a tax on oil operations while the industry was denied a tax break in Louisiana. Columbus,…
Energize Weekly, October 28, 2020 As Election Day nears, analysts are starting to focus on what the administration of front-running Joe Biden will mean for energy and find it could accelerate the decline of coal, stabilize near-term oil markets, as well as boost renewables and new jobs. A Biden administration, despite its avowed aim of…
Energize Weekly, February 19, 2020 Global carbon emissions slowed in 2019 after two years of growth as increases in developing nations were offset by a sharp drop in power sector emissions in developed countries led by the U.S., according to the International Energy Agency (IEA). The worldwide emissions of carbon dioxide in 2019 were 33…
Energize Weekly, January 29, 2020 From heat to humidity to severe storms investor-owned utilities across the U.S. will face particular regional climate change hazards, according to an analysis by Moody’s Investors Services. A utility in the Southeast, such as Duke Energy, could face risk from heavier storms, floods and storm surges that could threaten plant…
Energize Weekly, December 4, 2019 The gap between international efforts to curb greenhouse gases (GHG) and the growing emissions has grown so large that dramatic reductions over the next decade are needed to avoid the worst impacts of climate change, according to a United Nations (UN) report. Under the 2015 Paris Climate Accord, countries set…
Energize Weekly, November 20, 2019 Even if all the commitments made by countries to cut carbon emissions and provide dependable energy were enacted, the world would still fall far short of having clean, reliable energy in 2040, according to the International Energy Agency (IEA). The IEA placed all those emission and energy plans into a “Stated Policies…
Energize Weekly, October 23, 2019 An International Monetary Fund (IMF) analysis says that a $75-a-ton tax on carbon emissions or a comparable fiscal policy needs to be in place by 2030 to limit global warming to 2 degrees centigrade, though it will lead to sharp increases in electricity and gasoline prices. “Policy makers need to…
Energize Weekly, October 16, 2019 New England will have to increase the pace of renewable energy generation installations by four to eight times to meet 2050 goals to cut carbon emissions, according to a study by the Brattle Group, an economic and regulatory consultant. The region has a goal, as do several states, of reducing…
Energize Weekly, November 28, 2018 Heavy industry carbon emissions—less of a focus and harder to curb than the power sector’s—could be reduced to zero by 2060 at cost of just a fraction of global Gross Domestic Product (GDP), according to a new study by the nonprofit Energy Transitions Commission. The challenge in reducing industrial and…
Energize Weekly, January 3, 2018 The utility industry faced a tumultuous 2017 with big policy initiatives from Washington and strong underlying trends continuing to challenge the sector. Many of the year’s big stories came from the Trump administration, but markets and corporate decisions also played a big role in defining 2017. And despite the high-profile…
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