What Did You Do In The Oil War, Daddy?
The past decade with its commodity supercycle and growing environmental concerns has revived fears that some combination of resource scarcity and environmental degradation will or has increased the...
View ArticleDear Pope Francis: Use Capitalism To Fight Climate Change
Insufficient capitalism is retarding what could be a major source of greenhouse gas reduction. The US has seen a major reduction in CO2 emissions without any government involvement because of fuel...
View ArticleVolkswagen Scandal Is Typical Of Faux Environmentalism
The philosophy of too many who claim to be concerned about the environment seems to favor flash, with little consideration for actual accomplishments.
View ArticleLong-Term Oil Prices: Goldman Sachs Vs. OPEC
Interestingly, two contradictory oil price forecasts have appeared in the past few days, Goldman Sachs predicting that prices would remain “low” for fifteen years, while OPEC has argued that the price...
View ArticleUnorthodox Climate Change Policies
One of the biggest challenges to policy makers is the existing core of advocates and technologists who all think that doing more of the same is the best approach.
View ArticleReality Check: Solar Is Not The Cheapest Form Of Energy
Claims that solar power is the cheapest electricity in America are disingenuous. Current policy of support for photovoltaic installations are not the optimal use of money.
View ArticleOil Price Forecasting Lessons From 2008
Looking back, it seems amazing that some pundits thought the oil price spike of 2008 was only the beginning of a bull market. Certainty seems more the product of the forecasters ego than an...
View ArticleSettlement Is Far From End Of Costs For BP And Oil Industry From Gulf Oil Spill
BP's $20 billion settlement with the U.S. government represents an end to its massive financial hemorrhaging, but other costs will continue and the industry more generally will suffer from BP's actions.
View ArticleKrugman Targets Solar, Misses Broadly
It was always a tradition around MIT to remark whenever the Nobel Prize for Economics was announced (and the winner wasn’t from MIT) that the Prize had lost most of its meaning. I had left by the time...
View ArticleMethane Leakage: Low-Hanging Fruit
Methane leakage is an important factor in climate change, but primarily in the distribution sector. Reducing leakage globally, not just the US, can contribute significantly to lowering GHG emissions.
View ArticleDoes Exxon Mobil Cloud Men's (And Women's) Minds About Climate Change?
Inaction on climate change is blamed on Exxon (and others) confusing the science, but this seems a serious exaggeration.
View ArticleForget Big Oil, The Real Climate Villain Is Staring At You In The Mirror
Climate change activists primarily target energy producers out of political expediency: they fear admitting that consumers are the biggest problem.
View ArticleAre There Oil Price Superforecasters?
It has been argued that novice forecasters can often beat the experts, and oil is a case where this has proved true.
View ArticleRenewables Channel Their Inner Enron With Price Clauses
Renewable energy contracts often include a clause allowing for price escalation based on the assumption that market prices should rise. This is incorrect, and could cause the industry pain in the future
View ArticleWill New Canadian PM Trudeau Learn From His Father's Mistakes?
New PM Trudeau should avoid the mistakes of his father, who tended towards resource nationalism and neo-Malthusian.
View ArticleChina's Nuclear Deal With Britain Is Risky -- For China
China's investment in Britain's Hinkley Point nuclear plant will undoubtedly raise the usual opposition, but the deal is actually quite risky for China.
View ArticleIs $50 Oil The New $100?
Oil prices seem likely to remain at $50 plus or minus lacking economic recovery, a disruption in Venezuela, or either a serious drop in US shale oil production or, conversely, a rebound at $50.
View ArticleThe Myth Of America's Addiction To Oil
Many people refer to Americans' addiction to oil, but our consumption is actually economically rational.
View ArticleIs Paul Ehrlich The Fifth Stooge?
Paul Ehrlich, famous doomster, continues to be honored despite the poor quality of his research.
View ArticleDespite Production Decline, U.S. Natural Gas Falls To $2
Natural gas prices are now lower than most thought possible, but partly because many analysts didn't recognize the dynamic nature of costs.
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