IEEFA In the News

Blocking U.S. Move Toward Coal-Lease Reform Would Only Hurt the Oversupplied Coal Industry

November 11th, 2016

Josh Learn for SNL Beta: As the results of the federal election settle in across the country, coal advocates see a possible end in sight for the federal coal lease moratorium under President-elect Donald Trump. However, some coal opponents say that halting the moratorium will actually “hasten the decline” of the industry in the U.S. […]

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‘Coal Boomtown in China Warms to Renewables’

November 10th, 2016

Christine Chou for the China Post: While China’s push for clean energy threatens to transform former coal boomtowns such as Shaanxi Province’s Yulin into so-called “ghost cities,” the city’s government plans to buck the trend. Officials in Yulin hope to ride a wave of expansion in renewables and other sectors to diversify the city’s economy. […]

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On the Blogs: A Faster-Than-Expected 21st-Century Transition to Renewables

November 9th, 2016

Leah Y. Parks for TriplePundit.com: A 21st-century energy transformation is already underway. Our digital revolution is facilitating massive progress in technologies that are leading to disruption and will result in the replacement of the fossil fuel industry faster than most could imagine. We can jump over political resistance and climate denial despite outdated and misinformed […]

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Australian Lobbyists for Natural Gas Industry Seek to Persuade Public of Its ‘Long-Term Necessity’

November 9th, 2016

A coalition of natural gas lobby groups are planning a coordinated campaign to convince Australians gas is “a long-term necessity,” top industry lobbyists have revealed. They also disclosed plans to undermine government attempts to regulate sections of the industry that have been identified by the competition watchdog for price gouging by offering the federal environment […]

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Exxon’s Lowering of Its Reserve Estimates Is an Acknowledgement of Its Financial Distress

November 7th, 2016

Nicholas Kuznetz for InsideClimate News: Exxon said that the average price of oil this year has been so low that 3.6 billion barrels of oil at its Kearl tar sands field, as well as 1 billion barrels of oil and gas equivalent elsewhere in North America, may no longer be claimed under accounting formulas imposed […]

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On the Blogs: The International Energy Agency Remains Behind the Curve on Monitoring the Uptake of Renewables

November 5th, 2016

Simon Evans for Countercurrents.org: Renewable energy capacity is growing more rapidly than expected, says the International Energy Agency (IEA), overtaking coal for the first time. The IEA also says it has “significantly increased” its forecasts for the growth of renewable capacity over the next five years. Yet its forecasts continue to show future growth slowing […]

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On the Blogs: ‘Big Oil in Big Trouble’

November 5th, 2016

Andy Rowell the Weekend Mirror: The world’s largest listed oil company, Exxon, announced that it was going to have to cut its reported proved reserves by just under a fifth—by 19 percent. It would be the biggest reserve revision in the history of the oil industry. It is yet another sign that Big Oil is […]

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Opinion: We Should Be Providing Jobs, Not Saving Industry

November 4th, 2016

Ben R. Williams for the Martinsville (Va.) Bulletin: The reason that the coal industry is in trouble isn’t solely because of government regulations; it’s largely because the free market is turning away from coal. The Pittsburgh Post-Gazette recently ran an interesting op-ed from David Schlissel of the Institute for Energy Economics and Financial Analysis. The […]

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On the Blogs: ‘Is the Era of Oil Mega Projects Over?’

October 31st, 2016

Irina Slav for oilprice.com: BP said earlier this year that its capex for 2016 would come in at less than the US$17 billion it had initially planned for the year. Shell boasted a 20-percent cut in its capex for 2015 from 2014, to US$29 billion. Exxon in March said it would be reducing its capital […]

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On the Blogs: A Dinosaur ‘Slowly Dying Before Our Eyes’

October 31st, 2016

Andy Rowell for Oil Change International: For years people have been warning that Big Oil’s business model was fundamentally flawed and was not only putting the climate at risk, but millions of dollars of shareholders’ money. For years the industry’s critics warned the industry was ignoring the risks of climate change and was just caring […]

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