Climate Technology
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Chastised by bloggers, Dell aims to cut down on waste
To paraphrase Margaret Mead: “Never doubt that a small group of loud, critical bloggers can change Dell’s packaging M.O.” OK, that’s a bit of a stretch — and we won’t go so far as to say “Indeed, it’s the only thing that ever has.” But photos published on the internet during Earth Week of a […]
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Goldman says oil ‘likely’ to hit $150-$200 by 2010
Goldman Sachs' Arjun N. Murti said this in a May 5 report:The possibility of $150-$200 per barrel seems increasingly likely over the next 6-24 months, though predicting the ultimate peak in oil prices as well as the remaining duration of the upcycle remains a major uncertainty.
That would mean gasoline prices of $5 to $6 a gallon. Unless, of course, we permanently suspend the gasoline tax, in which case gasoline prices would only be $5 to $6 a gallon.
Why should we listen to Murti? Well, back in 2005, when prices averaged under $60 a barrel, he was one of the few Wall Street analysts who predicted oil could soon hit $105 a barrel -- or higher if we don't take the right actions quickly:
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Big Oil’s crooked talk on profits
Has the oil industry borrowed the (laughable) tagline of presidential candidate John McCain? As Fox Business reported last Friday:
The American Petroleum Institute took out a full-page ad in USA Today, and other major media were tapped this week to provide "straight talk on earnings." The earnings that need "straight talk": ExxonMobil's $11 billion quarterly profit, and Chevron's $5.2 billion quarterly profit.
(Note to Big Oil: When Fox doesn't give your spin favorable coverage, you've definitely become the Britney Spears of industries.)
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How much would you pay for cheap gas?
Suppose you're a commodity trader. Someone offers you a future contract to buy gasoline at $2.99/gallon for the next three years. If you think that you can sell that gasoline for more than that, you might think this is a license to print money, and would therefore pay for that privilege. Which raises the following questions:
- How much would you pay for that future "strip"?
- Is the answer to Question 1 more or less than a Chrysler?
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Big biz ranked on greenness
Takeaways from a new ranking of eco-friendly practices in big biz: Consumer companies are getting greener, but there’s plenty of ground to gain. In its second annual scorecard, nonprofit Climate Counts ranked 56 companies on their measurement, reduction, and disclosure of greenhouse gases. Eighty-four percent of the companies scored higher this year than they did […]
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More anti-intellectualism from the Clinton camp
Cringe along with Terry McAuliffe, who explains why economists don’t know nothin’:
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Finding jobs at the Ceres conference
Photo courtesy Cheryl Levine Last week, I attended the Ceres conference in Boston. My table was sitting down to lunch when the person next to me whispered, “It’s Al Gore!” Cool, sez I! We were already pretty excited about the prospect of hearing from Van Jones (president, Green for All), Theodore Roosevelt IV (managing director, […]
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Eco-friendly outdoor-clothing company goes under
Last year, Eric Brody of outdoor-apparel company Nau excitedly chatted with Grist readers about his new enterprise and its ambitious sustainability plans. This week, the company announced that it’s closing its doors: “Just as we could not have predicted the sudden groundswell of environmental consciousness that blossomed at the time we launched our business, we […]
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An interview with Fred Krupp, author of Earth: The Sequel and president of EDF
Fred Krupp. Fred Krupp has been piloting Environmental Defense Fund since he left private law practice in 1984. It hasn’t gone badly: Under Krupp’s leadership, the group has become an influential player in the deepest halls of power, with an annual budget that’s ballooned from $3 million to $71.8 million. A substantial measure of EDF’s […]
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Carbon costs and energy prices, NC edition
As the most ardent Gristophiles know, this site is hosting a lively debate over the degree to which prices imposed on carbon emissions will impact energy costs.
To recap, if prices do impact costs, then a carbon tax provides an investment incentive. If they don't, then we need some carrots to go with the stick of a tax.
Hot off the presses comes this bit of news from Greenwire ($ub req'd):
Duke Energy Ohio is asking federal regulators to approve the transfer of its Ohio power plants to companies owned by North Carolina-based Duke Energy Corp. whose rates are set in a competitive market instead of by state regulators.
Why, you ask?