Wind and solar electricity will become cost competitive, without the help of federal subsidies, by 2025, according to a new report from the National Renewable Energy Laboratory.
The possibility of a military strike on Syria has investors worried an attack could spread trouble across the Middle East and cut off oil supplies. But, for the first time in 50 years, the US is not as worried about disruptions to the oil markets, resulting from a possible military strike on Syria, as domestic production is at a 20-year high.
With oil prices jumping at the thought of a looming military strike on Syria, it’s worth recalling what a back-up supply from the US Strategic Petroleum Reserve can and can’t do, Styles writes. The reserve could prove extremely helpful should a military strike on Syria occur.
A possible military strike on Syria pushed up gasoline prices Thursday by 1.8 cents a gallon, the biggest one-day jump in a month. But they're still 27 cents below the Labor Day price last year and prospects of a delay in a military strike on Syria may keep them from rising much during the big driving holiday.
With two of the world's leading economies, China and the United States, in a tat-for-tat move on wind, and with the sector fanning out from Europe, the energy landscape could be decidedly cleaner 20 years from now, Graeber writes.
Japanese officials have said they will step up their role in the cleanup of the Japan's Fukushima Daiichi Nuclear Power Plant, widely regarded as bungled by the plant's operator. But to what extent should the government aid in the cleanup, and is the help too little, too late?
The United States wasted 61 percent of all its energy input in 2012, according to a new report on energy efficiency. That's enough energy to power the United Kingdom for seven years, the report found.
Energy companies may be able to tolerate a certain level of risk on their books, but looming civil strife in Egypt and elsewhere, no matter what form, is a poor investment to bank on, Graeber writes.
Syria is not a huge oil producer and the US increasingly is, sheltering the latter somewhat from turmoil in the former. Although oil prices are rising as US destroyers head for Syria, analysts say prices are unlikely to skyrocket unless the Syrian conflict spreads to Iraq.