Green Energy

A carbon pricing scheme would involve a fee being charged to emit the greenhouse gas and the proceeds would probably go to companies that reduce them

independent.co.uk - by Ian Johnston - May 31, 2015

BP, Royal Dutch Shell, Total, Statoil, Eni and the BG Group asked Christiana Figueres, executive secretary of the United Nations Framework Convention on Climate Change, to help them hold “direct dialogue with the UN and willing governments” about developing a scheme to charge those who produce carbon emissions. . . .

. . . The companies’ chief executives revealed the move in a letter to the Financial Times, which said: “We owe it to future generations to seek realistic, workable solutions to the challenge of providing more energy while tackling climate change.”

Image: The country’s tropical climate with high rainfall, mountainous interior and low population gives it a distinct advantage in terms of renewable energy. Photo credit: Shutterstock

ecowatch.com - March 23rd 2015 - Tierney Smith

For the last 82 days, Costa Rica has powered itself using only renewable energy sources

That means the Latin American country hasn’t had to use fossil fuels at all so far in 2015.

Last week, the Costa Rican Electricity Institute (ICE) announced that 100 percent of the country’s electricity came from renewables for the first 75 days of the year, as heavy rains boosted the country’s hydroelectric power plants.

(VIEW COMPLETE ARTICLE)

FILE - In this Tuesday, Oct. 14, 2014, file photo, oil pumps work at sunset in the desert oil fields of Sakhir, Bahrain. Oil prices have further to drop with no signs of slowing production in the U.S., according to the International Energy Agency, Friday, March 13, 2015. (AP Photo/Hasan Jamali, File) - Associated Press

ABC News - AP - March 13, 2015

Oil prices have further to drop with few signs of slowing production in the U.S., according to a global energy agency.

The International Energy Agency, a watchdog group based in Paris that represents the world's main oil-importing nations, said in its monthly report Friday that the recent stabilization in oil prices is "precarious."

"Behind the facade of stability, the rebalancing triggered by the price collapse has yet to run its course," it said.

That may be playing out right now. Oil prices tumbled 10 percent this week, including a 5 percent drop Friday.

The IEA cautioned that risks of oil supply disruptions are growing. Low prices could raise the risk of social disruption in some countries dependent on oil, the agency said, and the ongoing conflict in Iraq and Libya hasn't slowed down.

Image: A chart demonstrating the rise in wind vs. nuclear energy in China from 1995-2014.

earth-policy.org - March 5th 2015 - J. Matthew Roney

China, the country that is building more nuclear reactors than any other, continued to get more electricity from the wind than from nuclear power plants in 2014. This came despite below-average wind speeds for the year. The electricity generated by China’s wind farms in 2014—16 percent more than the year before—could power more than 110 million Chinese homes.

(VIEW COMPLETE ARTICLE)