News & Articles on Fossil Fuels
Fossil Fuels ares not renewable, obviously. They are listed here for organizational reasons. I don’t write about fossil fuels–as a rule. However, fossil fuels and those who promote them are not going away quietly. Thus, I felt it necessary to include the topic to distinguish articles that are not about nuclear power or renewable energy.
Dogmatism on Carbon Pricing Mustn’t Derail Climate Progress
By
Charles Komanoff
Nevertheless, the sharper irony, addressed here, is that the cap-and-trade program that is being vilified for perpetrating environmental inequities appears in practice to be diminishing them.
Australia’s Bluewaters coal-fired power station written off as worthless as renewables rise
By
Daniel Mercer
The owners of Australia’s newest coal-fired power station have written down the value of the asset to zero, wiping out a $1.2 billion investment in the face of an onslaught of renewable energy.
Denmark to end new oil and gas exploration in North Sea
By
Jillian Ambrose
On Thursday night the Danish government voted in favour of the plans to cancel the country’s next North Sea oil and gas licensing round, 80 years after it first began exploring its hydrocarbon reserves.
What Does Bill Gates’ Favorite Energy Guru, Vaclav Smil, Get Wrong?
By
Michael Barnard
And as a result, people like Bill Gates throw away their money on the wrong investments: small nuclear, air carbon capture, and solar geoengineering. Gates and others should listen to Mark Z. Jacobson more, and Smil less.
Big Oil May Make US Taxpayers Take Care Of Its Orphaned Oil & Gas Wells
By
Johnna Crider
In a report by Carbon Tracker, we learn that there are billion-dollar orphans that the oil and gas industry will most likely abandon — and these wells will become wards of the state. This means that taxpayers will be left with another bill. There are a total of 2.6 million unplugged onshore wells in the US, and there are an estimated 1.2 million that could be undocumented.
Another Win For Clean Energy: NextEra Surpasses ExxonMobil In Market Cap
By
Johnna Crider
The Financial Times has reported another win for clean energy. NextEra, the world’s largest solar and wind power generator, has surpassed ExxonMobil in market value. NextEra is now more valuable on the stock market than ExxonMobil. This reflects that investors believe that the energy system is changing in favor of renewables and fossil fuels are starting to become a thing of a past.
