You are here

Energy

Energy weighs on Wall St. but Costco shines

reuters.com - July 7th 2016 - Marcus E. Howard

The S&P 500 and Dow industrials slipped on Thursday, weighed by energy shares, but gains in Costco and tech shares lifted the Nasdaq Composite.

The energy sector of the S&P was dragged lower by Exxon and Chevron as oil futures prices fell nearly 5 percent after crude stockpiles fell slightly less than forecast.

High-yielding sectors also pulled the S&P lower even as yields on long-term U.S. government debt remained near record lows.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

Blockchain: the answer to life, the universe and everything?

The blockchain was developed as a means of creating digital property without the need for a central authority keeping track of who owns what. Photograph: Jacob Carter/Rex/Shutterstock Image: The blockchain was developed as a means of creating digital property without the need for a central authority keeping track of who owns what. Photograph: Jacob Carter/Rex/Shutterstock

theguardian.com - July 7th 2016 - Alex Hern

Have you heard the good news? The blockchain is here – and it’s going to save everything.

If you aren’t tied to the tech community, you might not have picked up on this salvation rhetoric.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

These Streetlights Are Great For The Planet — But Horrible For Your Health

A photograph of a streetlight. Patrick Strattner/Getty Images

Image: A photograph of a streetlight. Patrick Strattner/Getty Images

huffingtonpost.com - June 30th 2016 - Sarah DiGiulio

Tree-lined streets, good schools, quiet road and low-intensity streetlights...

That last one may not have made it on your checklist for finding your last home, apartment or condo, but doctors now say it probably should have.

Even though they save energy, some light-emitting diode (or LED) streetlights are too bright and may actually be putting your health and security at risk, according to new recommendations from the American Medical Association, the largest professional association of doctors in the U.S.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

Rural Pennsylvanians Say Fracking ‘Just Ruined Everything’

Jesse and Shirley Eakin stand by the water well they no longer use at their home in Avella, Pa. Delivered water is stored in the tank behind them.Image: Jesse and Shirley Eakin stand by the water well they no longer use at their home in Avella, Pa. Delivered water is stored in the tank behind them.

huffingtonpost.com - June 23rd 2016 - Maryam Jameel

Sixty years after his service in the Army, Jesse Eakin still completes his outfits with a pin that bears a lesson from the Korean War: Never Impossible.

That maxim has been tested by a low-grade but persistent threat far different than the kind Eakin encountered in Korea: well water that’s too dangerous to drink. It gives off a strange odor and bears a yellow tint. It carries sand that clogs faucets in the home Eakin shares with his wife, Shirley, here in southwestern Pennsylvania.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

PG&E to close Diablo Canyon, California's last nuclear power plant

Pacific Gas & Electric's Diablo Canyon plant near Avila Beach has California's last operating nuclear reactors. (Michael Mariant / Associated Press)

Image: Pacific Gas & Electric's Diablo Canyon plant near Avila Beach has California's last operating nuclear reactors. (Michael Mariant / Associated Press)

latimes.com - June 21st 2016 - Ivan Penn and Samantha Masunaga

One of California’s largest energy utilities took a bold step in the 21st century electricity revolution with an agreement to close its last operating nuclear plant and develop more solar, wind and other clean power technologies.

The decision announced Tuesday by Pacific Gas & Electric Co. to close its beleaguered Diablo Canyon nuclear plant within the next decade runs counter to the nuclear industry’s arguments that curbing carbon emissions and combating climate change require use of nuclear power, which generates the most electricity without harmful emissions.

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

Texas Facing Massive Well Cleanup Costs After Oil Bust

           

Pump jacks sit idle on a South Texas ranch near Bigfoot. Deserted drilling wells are the relics of every oil bust, and Texas is pitted with more than any other place in the U.S.  Eric Gay/AP

dallasnews.com - by Chris Siron - The Associated Press - by Paul J. Weber - June 19, 2016

The worst oil bust since the 1980s is putting Texas and other oil producing states on the hook for thousands of newly abandoned drilling sites at a time when they have little money to plug wells and seal off environmental hazards.

In Texas alone, the roughly $165 million price tag of plugging nearly 10,000 abandoned wells is double the entire budget of the agency that regulates the industry.

The state's regulators want taxpayers to cover more of the clean-up, supplementing industry payments.

As U.S. rig counts plunge to historic lows, and with at least 60 oil producers declaring bankruptcy since 2014, energy-producing states are confronting holes in their budgets and potentially leaking ones in the ground.

(READ COMPLETE ARTICLE)

 

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

FACT SHEET: Obama Administration Announces Federal and Private Sector Actions on Scaling Renewable Energy and Storage with Smart Markets

submitted by Gordian Raacke

CLICK HERE - White House Council of Economic Advisors - Incorporating Renewables into the Grid: Expanding Opportunities for Smart Markets and Energy Storage (40 page .PDF report)

whitehouse.gov - June 16, 2016

. . The Administration is announcing new executive actions and 33 state and private sector commitments that will accelerate the grid integration of renewable energy and storage.  Together, these announcements are expected to result in at least 1.3 gigawatts of additional storage procurement or deployment in the next five years. .

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

Return of Wind Power

The East Hampton Star - Letter to the Editor 06.09.16 - by Linda James

Return of Wind Power - East Hampton - June 6, 2016

Dear David,

Last week, the U.S. Interior Department, following a presidential directive, announced it would lease 81,000 ocean acres off New York’s coastline for wind development. Announcing this new leasing auction, in a release by Interior’s Bureau of Ocean Energy Management, Sally Jewell, secretary of the Interior, was quoted: “In addition to providing clean power, offshore wind energy marks a new frontier in renewable energy development, creating the path for sustainable electricity generation, job creation, and strengthening our nation’s economic competitiveness.”

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

Sustainable Westchester Leads New York Into CCA

           

Mamaroneck, NY, another of the Sustainable Westchester communities that want to go forward – photo by Doug Kerr via Flickr

cleantechnica.com - by Roy L. Hales - March 18, 2016

Seventeen municipalities are involved in this pilot program, which has been described as “a transformative shift in the way we buy and use electricity.” Audrey Zibelman, Commissioner of the New York State Public Service Commission, said she has “great hopes for this as a critical pilot for the Reforming the Energy Vision.” This will be the first Community Choice Aggregation (CCA) pilot program under Governor Cuomo’s Reforming the Energy Vision (REV) strategy.

(READ COMPLETE ARTICLE)

 

 

 
Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

Chernobyl's legacy 30 years on

Image: Dr Rachel Furley (centre) with members of the Kartuzovi family, one of the many families her charity helps.

bbc.com - April 26th 2016 - Tom Burridge

Children are still being born with severe birth defects and rare types of cancer in areas near to Chernobyl, according to a British charity, three decades on from the world's worst civil nuclear disaster.

The accident on 26 April 1986 contributed to the downfall of the Soviet Union, changed the way the world thinks about nuclear energy and has affected an unquantifiable number of people in the region.

For British paediatrician Dr Rachel Furley, the "desperately sad" reality is that women who have spent their entire lives exposed to high levels of radiation are now having children. 

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

Pages

Subscribe to Energy
howdy folks