An insightful op-ed published in Fortune states that oil price declined might mean the renewable energy market could collapse or be seriously damaged. Despite the renewables market taking off the first half of 2015, the essay’s author, Varun Sivaram, investors piled money into Yieldco companies that not only operated renewable energy projects but also helped… Read More Oil price decline may result in renewable energy collapse
An international court has ruled against Russia in a dispute involving a 2013 Greenpeace protest. The Rutgers UK reports that the Permanent Court of Arbitration in The Hague concluded that Russia should compensate the Netherlands for an attempted protest Greenpeace conducted on a Russian drilling flotilla. The 2013 stunt was part of a protest against… Read More International court rewards Greenpeace for hooliganism
A common belief and narrative furthered by environmentalists is that humans are using too much of the Earth’s resources and that we will eventually run out. University of St. Lawrence economics professor Steve Horwitz addresses this common belief and reveals that there are economic reasons why we will never run out of resources. In a… Read More Are we running out of resources?
Greenpeace has made statements that are tantamount to threatening to go to war against Great Britain’s recent policy to fast track allowing for fracking to take place around the island country. The UK’s Business Reporter states Great Britain’s government has decided to open up the nation’s countryside for hydraulic fracturing. This after licenses were issued… Read More Greenpeace threatens war in British fracking controversy
Researchers may have found the cause of the spike in Oklahoma earthquakes. Originally, it was thought that fracking may have been the reason earthquakes occur but a new study reveals that rather it is waste water in deep rock formations. Researchers published their findings in the journal Science Advances in which, according to CNBC, the… Read More Study: Fracking does not cause earthquakes
With all of the talk and concern expressed about outsourcing or shipping jobs overseas, a Fortune magazine article reveals that fracking is helping to lower US production costs. One consulting firm, BCG, is quoted as saying that manufacturing costs in the US are only 5% higher in China but almost 20% lower than Europe. In… Read More Fracking helps lower US production costs
I suppose at some point it was bound to come up. I mean, another study linking fracking to earthquakes was going to get published except this time it sounds ominous. NBC News reports a huge new study conducted by researchers at the University of Colorado has been published in the journal Science. The manuscript states… Read More Study: Bigger fracking injections cause more earthquakes. Or do they?
Reuters reports G-7 leaders just announced they are going to ween their ween their economies off of carbon fuels by forty to events percent by 2050. In short, industrialized countries such as Germany, Great Britain, France, the United States and Canada are pledging to shut their economies down by removing the primary means used for… Read More The lights of the West are about to go out
Center for Industrial Progress head Alex Epstein had an interesting conversation the other day with an openly anti-fossil fuel journalist from The Vancouver Sun named Pete McMartin. Unfortunately, he took snippets out of context to support a biased article about Alex Epstein at an event he was giving a speech at that day. Fortunately, Alex… Read More Vancouver Sun journalist authors hit piece on fossil fuel advocate
There is talk on the blogosphere about Josh Fox’s being kicked off the Fox Business News show Varney & Company. Fox has worn the incident as a badge of honor and his supporters claimed Fox schooled the show’s host, Stuart Varney, on fracking. But what really happened was Fox tried to dominate the conversation while… Read More Josh Fox’s lies about fracking