#energy

Back in 2005, the China National Offshore Oil Corporation (CNOOC) tabled a huge $18.5 billion offer for the American oil company Unocal. Despite the logic of strategically buying up Unocal for its Central Asian prospects, improving its Shale gas infrastructure and the tempting ‘all-cash’ nature of the buyout, the deal ultimately floundered on the banks […]

Hydraulic fracturing, or fracking, has drawn a ban in New York City’s watershed, and the New Jersey legislature is contemplating to prevent the transport of wastewater from fracking through the Garden State. What do we need to know about “fracking” to join an informed discussion? In general, all natural gas wells have their highest production rates once brought […]

After a run of over five years and 750+ posts, it’s time for me to move on from the Foreign Policy Association blog “Climate Change.”  In this time, I’ve tried to bring you some perspective on one of the most important issues of our age.  I am a proud tree hugger, certainly, but I believe […]

  Two decades after achieving independence from the Soviet Union, Lithuania is still struggling to achieve energy independence. It appears to have taken some significant steps in that direction recently. First, it managed to get the foreign shareholders of Lietuvos Dujos, a Lithuanian natural gas company, to agree to divide the utility into three separate […]

  Today the Foreign Policy Association hosted a conference on “The Future of Energy“. I had the pleasure of attending and, given that I am writing on energy, I also have some interesting insights to share. Especially interesting was the panel discussion “The Energy Picture, Redrawn.” The key insight is that energy is crucial for […]

For the first time since 1970, not a single electron on the Japanese power grid comes from fission reactors. On Saturday, May 5, 2012, engineers began inserting control rods to bring the fission process to an end at the third and final Tomari reactor. Until last year’s earthquake, tsunami and reactor meltdown, Japan got 30% […]

Jochen Flasbarth, President of Umwelt Bundes Amt (UBA – Germany’s central federal authority on environmental matters), was in New York last week, where he discussed, among other things, Germany’s efforts to create a national electric supply that relies completely on renewable energy. Germany’s goal is to reduce its overall greenhouse gas emissions by 80-90% by the […]

Taking lessons from the Fukushima nuclear incident in March 2011, the United States Nuclear Regulatory Commission (NRC) will review standard evacuation procedures in the event of a threat to a US nuclear plant, an NRC official said at a think tank event Thursday (March 22nd). Although current NRC standards require a 10-mile evacuation buffer and […]

The International Energy Agency’s chief economist, Fatih Birol, stated yesterday that the oil industry needs about $38 trillion in investment to meet global demand for energy through 2035. He was speaking at a two-day ministers’ meeting foreshadowing the contents of the World Energy Outlook, due out November 9. Breaking the figure down, $10.0 trillion is […]

Whether it provides an opportunity, or compromises our right to food, many of the currently used bio-fuel crops such as soybean, sugarcane and corn are traditionally used as staples. These staple food crops also have various other uses, such as animal feed, and for all intents and purposes, occupy the same soil or agricultural land. […]

The spirit of the EU 2020 energy strategy seems to be well underway. The EU is planning to streamline the practice of deal making in the energy sector between EU members and outside parties and fortify the voice of Brussels. This sounds difficult, as the EU is home to half a billion consumers and about […]

Germany’s Environment Minister Norbert Rottgen announced that Germany is going nuclear-free by 2022. The country’s seven oldest reactors were taken off-line shortly after the Fukushima meltdown, and an eighth (the glitch-prone Kruemmel facility in northern Germany) has been off-line for technical reasons and won’t be returned to active service. Six more will go into shut […]