President Obama has released a $4 trillion budget proposal for FY 2016. It contains a range of programs designed to encourage deployment of the next generation clean energy and energy efficiency technologies.
Read More »Pathways to Deep Decarbonization Report
Key findings of this report show that total CO2-energy emissions from the identified 15 preliminary deep decarbonization pathways can lead to a decrease in emissions by 45%. While this does not achieve the full decarbonization needed to assure to stay below 2 degree Celsius limit, the report stresses that pathways can be immediately implemented, which moves us substantially toward a global goal of living sustainably.
Read More »Impacts of Shale Boom in the U.S. and Beyond
Increased shale oil and gas production may not keep oil and gas prices down in the long-term as a prolonged price slump could tighten profit margins forcing energy companies to cut or delay investment projects. Escalating conflicts of attrition among top oil-producing nations are also possible as countries scramble for new energy markets. The resultant price rout would weigh on other markets and sectors devaluing currencies exposed to oil exports as well as intensifying risks to oil-dedicated sovereign wealth funds.
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