Massachusetts Department of Energy Resources (“DOER”) will finalize by July 15 regulations doubling the size of MA SMART solar photovoltaic program from 1,600 to 3,200 megawatts (MW). On the surface this is a reasonable, if limited, step forward. But like most things, the devil and long-term consequences are in the details. Unless changed by DOER, or the legislature, the latest[Read More...]
Energy analysts have long assumed that, given time, growing international concern over climate change would result in a vast restructuring of the global energy enterprise. The result: a greener, less climate-degrading system. In this future, fossil fuels would be overtaken by renewables, while oil, gas, and coal would be relegated to an increasingly marginal role in the global energy equation.[Read More...]
“Kingsmill Bond” certainly sounds like a proper name for a City of London financial analyst. He looks the part, too: gray hair expertly trimmed, well-cut suit. He’s lived in Moscow and Hong Kong and worked for Deutsche Bank, the Russian financial firm Troika Dialog, and Citibank. He’s currently “new energy strategist” for a small British think tank called Carbon Tracker,[Read More...]
Sometimes it happens that you are asked a question that forces you to reflect. So, a few days ago, I was at a public meeting on energy and climate and I was telling about the work we do at the university and with the Club of Rome. In the debate, someone asked me: “But, professor, from all these models of[Read More...]
Rapid progress towards clean energy is needed to meet the global ambition to limit warming to no more than 1.5C above pre-industrial temperatures. But how are countries doing so far? In our Energy Revolution Global Outlook report, written with colleagues at Imperial College London and E4tech – and published by Drax– we rank progress in 25 major world economies. Our report provides a league table of their efforts to[Read More...]
Recent ups and downs of petrol and diesel prices have made a large impact on people who depend upon them in their daily lives in most parts of the country and the world. The over- dependence on fossil fuels is not only depleting resources but also driving towards a major crisis, especially in transportation of both commodities and people. Hence,[Read More...]
An oilman, a green techie and a sperm whale walked into a bar. They got to drinking and, inevitably, boasting. The oilman looked at the whale and declared that if it hadn’t been for fossil fuels, all 75 species of whales would have been hunted to extinction for oil. “My industry and its technology saved your large ass.” The greenie[Read More...]
Many people, including myself, fear that the great acceleration (1, 2) of our consumption and destruction of resources such as land, biodiversity, soil, minerals, and fossil energy sources, could lead us into a catastrophe.
I was truly amazed to see so much opposition to wind farms, a necessary and desirable part of any renewable energy future. Scientist Carl Safina questioned whether this is the right way to go. Well, there is a wrong way, which is to continue to allow unchecked development and construction and more people without planning a sane energy policy. If[Read More...]
We watch in horror as the damages from climate change continue to mount. Last year, Hurricane Harvey dropped more rain on Houston than any storm has ever dropped on any American city, ever. Hurricane Maria set back development in Puerto Rico 25 years, according to early estimates. And the tab keeps mounting: in 2017 alone, the economic cost of hurricanes[Read More...]
