Category: Energy Economics

March 26, 2020

The U.S. Department of Energy is suspending its plans to buy crude for the nation’s Strategic Petroleum Reserve after the requested $3 billion in funding for the project was left out of the $2 trillion stimulus package. “Given the current […]

March 20, 2020

During his coronavirus Task Force press conference on Thursday, President Donald Trump said he was considering intervening in the situation with the global oil market “at the appropriate time”: “It’s very devastating to Russia because when you look at it, […]

March 18, 2020

With the threat of a worldwide pandemic, the Trump administration would be advised to quickly ease trade tensions with China. The coronavirus is disrupting global supply chains — a phenomenon that will likely continue for several months. China has promised […]

March 9, 2020

Spring is in the air. But it feels like Christmas on Capitol Hill. An enormous energy bill is now pending in the U.S. Senate — one that incorporates more than 50 previously introduced provisions, including giving money to green energy, […]

February 11, 2020

US president Donald Trump has once again advocated for slashing federal funding for clean energy in a budget proposal for fiscal year 2021, released on Monday. ‘A Budget for America’s Future’ is a largely symbolic document ahead of the federal […]

January 28, 2020

There is simply no sanctuary for Iran’s state run oil industry. China has all but abandoned it because of U.S. sanctions. France will be hard pressed to do business with them due to the extraterritorial nature of the Iranian sanctions, […]

January 21, 2020

At the World Economic Forum’s 50th Annual Meeting at Davos, there’s a keen focus on the energy transition and how best to pivot to more zero-carbon solutions like renewable energy, renewable gas, hydrogen and other promising fuels. While the rise […]

January 15, 2020

The House Committee on Energy and Commerce, chaired by Frank Pallone, Jr (D-NJ), released an ambitious new climate plan to ensure the United States achieves net-zero greenhouse gas pollution by 2050. Supported by Environment and Climate Change Subcommittee Chairman Paul […]

January 6, 2020

The giving season is over for most Americans. And some Democratic senators think it must also end for coal: They want a congressional watchdog agency to look into whether a $1 billion subsidy to chemically-cleanse coal is paying off. The […]

December 27, 2019

The Green New Deal is getting a lot more attention as we get into the 2020 Presidential election. The Green New Deal is a set of proposed economic stimulus programs in the United States with a goal of addressing climate […]

December 24, 2019

President Donald Trump has taken historically unprecedented action to roll back a slew of environmental regulations that protect air, water, land and public health from climate change and fossil fuel pollution. The administration has targeted about 85 environmental rules, according […]

December 23, 2019

At the December 19 Democratic presidential debate, leaders in the oil and gas industry were given a wake-up call by former Vice President Joe Biden, widely considered to be the most “moderate” and “electable” of the current slate of candidates. […]

November 22, 2019

In the shadow of public impeachment hearings, a group of House Democrats are attempting to advance a bold climate action plan that the entire party can rally around. On Thursday, House members introduced legislation that would set a nationwide goal […]

November 20, 2019

Presidential candidates, state governments, and utilities are promoting “net zero” emissions targets to rapidly reduce greenhouse gas (GHG) emissions and preserve a safe climate future by helping to limit global warming to well below 2°C. But few of them are […]

November 19, 2019

Would a national price on carbon emissions, designed to reduce the U.S.’ contribution to global warming, damage the country’s economy? Answers to this question have been emphatically partisan in Washington D.C. where, at various times over the past two decades, […]