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Commentary: Could falling oil prices spark a financial crisis?

Green Car Congress

The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns. by Nick Cunningham of Oilprice.com.

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Opinion: Oil Price War May Benefit both US Shale and Saudi Arabia

Green Car Congress

Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? Is this a relatively short term event like 2008, or a longer term slump like the one in the mid 1980’s?

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. of Cape Wind output; National Grid had agreed to buy 50%.

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New UC Davis market-based sustainability forecasting approach concludes supplanting gasoline and diesel with renewable fuels could take 131 years

Green Car Congress

We would expect that new reserves of conventional and unconventional oil may become available for exploration due to geological exploration and advances in oil extraction techniques or that extraction from less feasible oil fields becomes more economically attractive. All of these factors would change our predicted outcome.

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GSI/UNEP conference report finds fossil-fuel subsidy reform complex and challenges sobering; ~1% of global GDP spent on fossil-fuel subsidies

Green Car Congress

In 2008, a report by UNEP called for the elimination of fossil-fuel subsidies, concluding that such subsidies often lead to increased levels of consumption and waste; place a heavy burden on government finances; can undermine private and public investment in the energy sector; and do not always end up helping the people who need them most.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Solar, Wind and Biofuels Grew 53 Percent in 2008 Green Education = Environmental Religion? Review of Forestry Carbon Standards 2008 Ford Partners to Commercialize Electric Vehicles A New "Green" Deal.Direction for the economic re. A Perfect Storm for Water Counting Calories and Counting Carbon: The Role of. SZ (1) 6753.T

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Hawaii opts for EVs and renewable energy

Revenge of the Electric Car

Published: December 2, 2008. Mr. Agassi has raised $200 million in private financing for his idea. Hawaii Endorses Plan for Electric Cars. The entrepreneur Shai Agassi, right, met with Anders Eldrup, center, a Danish energy executive, in Copenhagen last March. By JOHN MARKOFF. I believe the new asset class is batteries,” he said.

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