CO2

Cal on March 26th, 2017

The US Energy Information Agency (EIA) forecasts US shale oil production will rise by some 300,000 barrels per day this year and another 500,000 b/d in 2018. Industry sources talk about increased efficiency and production gains, suggesting to many that the EIA’s forecast is conservative and that the US shale oil production increase may be higher. […]

Continue reading about Energy Facts of the Day

Cal on January 23rd, 2017

NRG Energy and JX Nippon Oil & Gas Exploration Corp. said they had begun operations at a US$1 billion carbon capture facility at a Texas coal-fired power plant and were using the emissions to extract crude from a nearby oilfield. The facility, the largest of its kind in the world, is the latest in efforts […]

Continue reading about Energy Facts of the Day

Cal on January 14th, 2017

In 2015 humans used about 575 quadrillion Btu (British thermal units) of energy, according to the US Energy Information Administration. (575 followed by 15 zeros; a Btu is roughly the energy released in a single match.) With a global population of 7.3 billion, that worked out to 78 million Btu per person that year. Nearly 40% of all […]

Continue reading about Energy Facts of the Day

Cal on January 1st, 2017

MIT Technology Review has an article about robots mining 24 hours a day. Mining companies are rolling out autonomous trucks, drills, and trains, which will boost efficiency but also reduce the need for human employees. Mining companies are well placed to expand automation rapidly, because they have already invested in centralized control systems that use software […]

Continue reading about Energy Facts of the Day

Cal on November 26th, 2016

According to energy consultant Wood Mackenzie, presently 13% of global C02 emissions are subjected to a carbon price. The firm believes, however, that technology and economics, not carbon pricing or other government policies, will drive the world towards decarbonization. “”It’s the technology that’s the wildcard now. How quickly can renewables costs fall, how quickly can competing […]

Continue reading about Energy Facts of the Day

Cal on October 10th, 2016

The World Energy Council says per capita energy demand will peak before 2030. This is in stark contrast to historic growth levels, which have seen global demand for energy more than double since 1970. A combination of technological innovation, government policies, and lower world growth expectations are expected to have a significant impact on energy markets in […]

Continue reading about Energy Facts of the Day

Cal on October 8th, 2016

Investment banker Goldman Sachs is not so sure that oil will be going much above $55 a barrel anytime soon. Goldman’s says that the oil markets will be oversupplied next year due to the return of disrupted output in Libya and Nigeria; some increase in US shale oil production; and the beginning of production from several […]

Continue reading about Energy Facts of the Day

    A goal of many cities, states, provinces and countries is to achieve 100% renewable energy over the next few decades, driven by a concern about global warming, climate change and high levels of carbon dioxide emissions from fossil fuels.  According to the website G0 100% Renewable Energy, 8 Countries, 59 Cities, 61 Regions/States, 9 Utilities, […]

Continue reading about When the Lights Go Out: Is 100% Renewable Energy Realistic?