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Only time will tell whether OPEC will effectively implement its recent decision to curb oil supplies and reverse a price slump that’s persisted for 2½ years. But amid the many prognostications over oil prices, something else is clear: When it comes to energy security, the U.S. is in a much better position today than it has been in years. (Read More)
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Just where Donald Trump stands on climate change seems more uncertain than ever now that he’s acknowledged to The New York Times that he sees “some connectivity” between human activity and increasing global temperatures. Trump’s remarks last week followed his disregard of climate change during his election campaign, including his pledge to pull the U.S. out of a 2015 agreement with nearly 200 other nations to keep temperatures from rising to catastrophic levels. (Read More)
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During his campaign for the White House, President-elect Donald Trump promised to eliminate regulations that target coal-fired power plants, one of the primary causes of carbon emissions responsible for climate change. For Trump, a climate-change skeptic, getting rid of the Obama administration’s Clean Power Plan, which would curb carbon emissions from power plants by 32% by 2030, would give a boost to the declining U.S. coal industry and its decimated workforce across Appalachia. Even if the next president were to succeed, he would probably not reverse a years-long movement away from coal in the U.S. electric power industry, the biggest consumer of the black rock, according to the head of one of the nation’s leading electric utilities. (Read more)
Continue readingFollowing COP22 in Marrakech where global leaders were overcome with uncertainty about the United States’ commitment to greenhouse gas reduction under a new Trump Administration, host Bill Loveless speaks with Carl Pope, former executive director and chairman of The Sierra Club, about the path forward against climate change through both international and local initiatives. Pope is also a senior climate adviser to former New York City Mayor Michael Bloomberg, the U.N. Secretary General’s special envoy for cities and climate change. They discuss: Reactions to Donald Trump’s election and other challenges and opportunities coming out of the Marrakech Climate Summit; The heightened roles for cities, states, investors and business in providing U.S. direction for climate initiatives; A sneak peek at the upcoming book by Carl and Michael Bloomberg called, “Overheated: How Cooler Heads Can Cool the World” that seeks to reset the conversation about…
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During his campaign for the White House, President-elect Donald Trump promised to eliminate regulations that target coal-fired power plants, one of the primary causes of carbon emissions responsible for climate change. For Trump, a climate-change skeptic, getting rid of the Obama administration’s Clean Power Plan, which would curb carbon emissions from power plants by 32% by 2030, would give a boost to the declining U.S. coal industry and its decimated workforce across Appalachia. Even if the next president were to succeed, he would probably not reverse a years-long movement away from coal in the U.S. electric power industry, the biggest consumer of the black rock, according to the head of one of the nation’s leading electric utilities. (Read more)
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The election of Donald Trump as president raises the hopes of oil and natural gas producers, thanks to his full-throated support for the removal of regulations that many say hamper the industry. Only time will tell if the Republican’s policies will provide much more of a boost to U.S. oil and gas, which has rallied in recent years thanks to technologies that enable production from previously untapped shale reserves. Moreover, it’s price, not government regulation, that really determines the extent of oil and gas exploration and production, as Thomas Watters, a managing director with S&P Global Ratings, observed the other day. (Read more)
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The man that Donald Trump calls the “king of energy” in the U.S. predicts quick action by the next president to roll back Obama administration policies opposed by the oil and natural gas industry. “There are so many of them. You just scrap them,” Harold Hamm, the billionaire CEO of Continental Resources, said Wednesday, hours after Trump’s surprising win over Democrat Hillary Clinton. (Read more)
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Ballot measures Tuesday in Colorado, Florida, Nevada and Washington could reshape the future for fossil fuels, electricity and renewable energy in those markets. Each initiative illustrates how significant decisions on the production and consumption of energy in the U.S. are often made at the state level, especially with gridlock in Washington over federal policies. (Read more)
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Free trade in North America has become a contentious issue this year, thanks to attacks by Donald Trump on a wide-reaching agreement implemented by the U.S., Canada and Mexico in 1994. But even as the pros and cons of the North American Free Trade Agreement continue to be debated in the U.S. election campaigns, new opportunities for commerce among the three countries are emerging, including opportunities in energy. (Read more)
Continue readingThe 2016 elections come at a transformative time for energy and the environment, with major decisions faced by the next president and Congress having far-reaching implications for the world. In the second episode of a two part series on the elections and what they mean for energy and environment policy, host Bill Loveless sits down with former Democratic Senator Byron Dorgan who spent 30 years in the U.S. House and Senate representing North Dakota. During their talk, Bill and Byron discussed: Priority energy and environmental issues facing the new president and Congress; Prospects for changes in Congress that will make it possible to reach bipartisan agreement on energy and environmental legislation; The inherent conflicts between the need to curb emissions and to promote development of oil and natural gas resources in the U.S.; Differences between a Clinton and Trump presidency when it comes to energy and the…
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