Getting climate, energy & environment news right.

Climate Reparations and the Problem of Pervasive Corruption
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Climate Reparations and the Problem of Pervasive Corruption

"In its latest analysis, Transparency International reports that the average corruption perception score index for sub-Saharan countries is 33 out of a possible score of 100. G77 leader Pakistan scores 28. One reason people living in poor countries remain especially vulnerable to climate change is because government thievery and incompetence have held back the economic growth that would enable them to create the wealth with which to defend themselves. Even if rich countries were willing to pony up tens of billions in climate reparations, very little of the money would likely reach the citizens who are suffering the brunt of weather disasters."

Banning energy exports is a terrible idea
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Banning energy exports is a terrible idea

"None of us are happy with the prices we are paying for gasoline, diesel and other petroleum products. And that is precisely why policymakers have a responsibility to look for real solutions. A refined product export ban would do more harm than good, raising domestic prices and hanging our allies out to dry."

U.S. Coal Plant Closures Continue, While China Rapidly Builds More
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U.S. Coal Plant Closures Continue, While China Rapidly Builds More

Darrell Proctor writes for Power about coal plant closures in the United States. “China announced the new-builds during the first half of this year, despite the country’s pledge to become carbon neutral by 2060. Chinese officials have said they are looking at an emissions peak for the country before 2030.” Read the full article here.

Congress must prioritize building safe and resilient rural communities from East to West
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Congress must prioritize building safe and resilient rural communities from East to West

"Restoring America’s safety means building resilient communities that are able to protect residents, so we both remain committed to prioritizing policies that will cut red tape, increase active federal forest management and hazardous fuels reduction, ensure efficient development of critical infrastructure to reduce damages from flooding, and maintain a strong energy and communication grid during times of disaster."

Texas plan to stop next grid disaster could cost customers billions
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Texas plan to stop next grid disaster could cost customers billions

"And because key details remain unclear about how NRG and Exelon’s LSEO plan would assess the costs of paying generators to remain available to provide power during grid emergencies, it’s possible that the plan could drive up costs to wholesale energy market participants by as much as $30 billion in 2025, the report finds."

Who’s To Blame For Exorbitant Natural Gas Prices In Europe? Hint: Maybe Not Who You Think.
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Who’s To Blame For Exorbitant Natural Gas Prices In Europe? Hint: Maybe Not Who You Think.

"LNG from the US can be available at prices much cheaper than current European hub prices, but requires additional facilities that will take 3-4 years to build. The only available current alternative is going into the market to buy when the cupboard is bare. This means buying in the spot market, which thanks to the drop in supply from Russia, means paying high retail prices."

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