Energy, Climate, New Economic Thinking​

Category: Energy Transition

Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

A surge of oil production is coming, whether the world needs it or not. The flood of crude will arrive even as concerns about climate change are growing and worldwide oil demand is slowing. And it is not coming from the usual producers, but from Brazil, Canada, Norway and Guyana — countries that are either not known for oil or whose production has been lackluster in recent years. New York Times

Denmark Approves Route for a Controversial Russia-German Pipeline

Denmark gave permission on Wednesday for a natural gas pipeline from Russia to Germany to pass through waters in its exclusive economic zone, meaning that the project, Nord Stream 2, can be completed despite sharp criticism from the United States, Ukraine and Poland. With nearly all of its 2,400 kilometers of pipe already laid, Nord Stream 2, wholly owned by Russia’s Gazprom, should be completed roughly on schedule early next year. It is actually a pair of pipelines, complementing a previous pair, Nord Stream 1, and will double capacity to 110 billion cubic meters, or about 3.9 trillion cubic feet.

Rachel Maddow: BLOWOUT – Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth

A rollickingly well-written book, filled with fascinating, exciting and alarming stories about the impact of the oil and gas industry on the world today. While she is clearly animated by a concern about climate change, Maddow mostly describes the political consequences of an industry that has empowered some of the strangest people in the United States and the most unsavory ones abroad. New York Times

electricityMap Live

Computing the origin of electricity and its associated carbon emissions. electricityMap

U.S. Sanctions Turn Iran’s Oil Industry Into Spy vs. Spy

Since President Trump imposed sanctions on Iranian oil sales last year, information on those sales has become a prized geopolitical weapon — coveted by Western intelligence agencies and top secret for Iran. And the business of selling Iranian oil, once a safe and lucrative enterprise for the well connected, has been transformed into a high-stakes global game of espionage and counterespionage. New York Times

Fewer Inspections for Aging Nuclear Plants, Regulators Propose

A new report by staff members of the Nuclear Regulatory Commission, which oversees the safety of the nation’s 59 aging nuclear power plants, recommends that the commissioners significantly weaken or reduce safety inspections of the plants. New York Times

Why This Narrow Strait Next to Iran Is So Critical to the World’s Oil Supply

Twenty percent of the global oil supply flows through the Strait of Hormuz, a narrow stretch of water that separates Persian Gulf countries like Iran, Iraq and Kuwait from the rest of the world. From May 15 to June 15, more than 1,000 tanker ships traveled the strait. Many were destined for places as far away as China and South Korea. New York Times

The Oil Market Shows It Can Take a Punch

The Persian Gulf crisis has not ignited a major price spike, thanks to growing oil production in the U.S. and a slowing in overall demand. New York Times