Energy Tomorrow Blog
Posted August 28, 2015
There’s a new report out this week that says energy infrastructure constraints have cost New England at least $7.5 billion over the past three winters – while cautioning that failing to expand natural gas and electricity infrastructure will cost the region’s households and businesses $5.4 billion in higher energy costs between 2016 and 2020.
Other key findings in the report by the New England Coalition for Affordable Energy show that without additional infrastructure, higher energy costs will lead to the loss of 52,000 private-sector jobs over the same time period. In all, a lack of infrastructure investment could mean 167,000 jobs lost or not created. The report also found that the region could see a reduction in household spending of $12.5 billion and $9 billion in foregone infrastructure construction.
Posted August 5, 2015
New government stats on falling carbon dioxide (CO2) emissions from electrical power generation point to a good-news story on energy and climate, one that should grab the attention of policymakers nationally and in the states. This is seen in data from the U.S. Energy Information Administration (EIA).
Plotting CO2 emissions from the electric power sector from 1988 to this April, EIA reports emissions hit their lowest point for any month in 27 years. This is largely because of increased use of natural gas in power generation – a market choice that’s based on the availability and affordability of natural gas, as well as the fact it is clean-burning.
Posted May 28, 2015
Time: As the battle wages on in Congress over President Barack Obama’s signature trade agreements and the needed fast-track trade promotion authority (TPA), the president would be wise to consider alternatives that would enhance his trade legacy and also further our strategic priorities overseas. While energy is not included in the Trans-Pacific Partnership (TPP) or Transatlantic Trade and Investment Partnership (T-TIP) negotiations, many of the same Asian, European, and Latin American partners are calling for greater partnership with the United States on energy issues. By allowing the U.S. to become a stable source of supply to global energy markets, counteracting supply disruptions that will inevitably affect other energy-rich regions, President Obama and Congress can double down on promoting long-term economic growth and reinforcing U.S. foreign policy leadership.
The U.S. can do more with its energy resources to support this strategic vision. A direct way of leveraging this opportunity is to lift the ban on the export of crude oil and accelerate approvals for the export of liquefied natural gas (LNG). A series of policies and laws in the 1970s banned exports of U.S. crude oil with only limited exceptions. This ban is a relic from an age of energy scarcity and should be adjusted to reflect present realities. By working with Congress, and via executive order, the president can start taking steps today to boost U.S. exports.
Posted October 23, 2014
The U.S. Energy Information Administration’s new report on U.S. energy-related carbon dioxide emissions details the major role in reducing CO2 emissions that’s being played by increased use of clean-burning, affordable natural gas.
While U.S. energy-related CO2 emissions ticked up slightly last year (2.5 percent), mainly because colder weather led to greater heating demand over 2012, EIA says 2013 emissions still were 10 percent lower than they were in 2005. Wider use of natural gas in electricity generation is a key reason.
Posted December 13, 2013
There’s much to mine from ExxonMobil’s 2014 energy outlook, but here’s a quick analysis: In a world of increasing energy demand, the future looks brightest for countries that have significant energy reserves, modern industries that can find and produce from those reserves and policies that allow them to be major players in the global marketplace. For the United States that would be check, check and … check back later.
ExxonMobil’s William Colton and Kenneth Cohen highlighted the annual report that looks to global energy demand and supply out to the year 2040. Key projections and charts:
Demand – The world’s energy demand is expected to increase 35 percent over 2010 levels by 2040. Most of the demand growth will come from the developing world. ExxonMobil projects flat demand growth in developed nations despite expanding economies due to technology and energy-use efficiencies.
Posted January 20, 2011
Jane Van Ryan
Posted June 3, 2010