Coal-to-Liquids Watch

This week’s episode of coal-to-liquids watch involves Shell and Anglo American Plc., which were planning a coal-to-liquids plant in Australia, incorporating carbon capture. Now? Not so much, says Bloomberg: Royal Dutch Shell Plc and Anglo American Plc have delayed plans to develop a A$5 billion ($3.2 billion) project in Australia to convert coal into clean …

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US greenhouse gas emissions up 1.4 percent in ’07

So says EIA: The increase in U.S. carbon dioxide emissions in 2007 resulted primarily from two factors: unfavorable weather conditions, which increased demand for heating and cooling in buildings; and a drop in hydropower availability that led to greater reliance on fossil energy sources (coal and natural gas) for electricity generation, increasing the carbon intensity …

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On Federal Energy Investment and Job Creation

Dan Yurman calculates the jobs he thinks would be created by expanding the federal loan guarantees for nuclear power: The Federal loan guarantee program for construction of nuclear power plants, set by Congress at $18.5 billion, could if expanded to cover the entire fleet of 21 proposed new reactors, create nearly 80,000 construction jobs, and …

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Kicking the Foreign Oil Habit?

Does “energy independence” make sense as an energy policy rationale? One of the oft-repeated themes of the presidential campaign was the idea that every U.S. president since Nixon has called for energy independence. Here’s Tufts economist Gilbert Metcalf: A second broad rationale for government intervention in energy markets is national security concerns. In 2006, the …

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Peak Oil and Climate Change

Dieter Helm, writing in the Oxford Review of Economic Policy, offers the counter-argument to the point made recently by Andy Dessler that the peak and inevitable decline of fossil fuels may put some sort of upper limit on our ability to to put carbon dioxide into the atmosphere: Some argue that, however intense the dash-for-resources, …

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