The fall in the price of oil and gas provides a once-in-a-generation opportunity to fix bad energy policies MOST of the time, economic policymaking is about tinkering at the edges. Politicians argue furiously about modest changes to taxes or spending. Once in a while, however, momentous shifts are possible. From Deng Xiaoping’s market opening in
Islington Council votes for a £96 additional ‘diesel’ charge for resident parking permits Islington Council in north London is thought to have become the first local authority to put a surcharge on the ownership of diesel-powered vehicles. On 15 January, the 48 members of the council (47 Labour and 1 Green) voted to increase the cost
Last year was the hottest on earth since record-keeping began in 1880, scientists reported on Friday, underscoring warnings about the risks of runaway greenhouse gas emissions and undermining claims by climate change contrarians that global warming had somehow stopped. Extreme heat blanketed Alaska and much of the western United States last year. Records were set
Saudi Arabia’s decision not to cut oil production, despite crashing prices, marks the beginning of an incredibly important change. There are near-term and obvious implications for oil markets and global economies. More important is the acknowledgement, demonstrated by the action of world’s most important oil producer, of the beginning of the end of the most
New Climate Change Study Just 400 Pages Of Scientists Telling Americans To Read Previous Climate Change Studies WASHINGTON—Co-authored by several dozen of the nation’s top climatologists, a new climate change study released Wednesday by the U.S. Global Change Research Program reportedly consists of 400 pages in which scientists just tell Americans to read previous climate
Saudi billionaire businessman Prince Alwaleed bin Talal told me we will not see $100-a-barrel oil again. The plunge in oil prices has been one of the biggest stories of the year. And while cheap gasoline is good for consumers, the negative impact of a 50% decline in oil has been wide and deep, especially for
Cheap Oil and Electric Cars You are probably aware of the massive drop in the price of crude oil. It started before Christmas and it continues to fall. This can only mean one thing, electric car sales will plummet, people will start buying bigger cars with bigger engines because petrol and diesel will be dirt
Jeremy Leggett, former industry adviser, warns over plunging commodity prices and soaring costs of risky energy projects The oil price crash coupled with growing concerns about global warming will encourage at least one of the major oil companies to turn its back on fossil fuels in the near future, predicts an award-winning scientist and former
The big idea right now for solar and batteries is this: put solar panels on your roof, a battery in the backyard (or basement), and become utterly independent from the power grid, using free electricity from the sun. Batteries have long been looked to as a way to store energy solar energy during the day
What do declining oil prices mean for alternative fueled vehicles, plug-in hybrids and EVs? If anything is to be learned from the past periods where gasoline prices have dropped precipitously it is that they spell death for alternative fuels. Dropping oil prices are a very bad thing for all alternative fuels and most likely will
