NEW ORLEANS— Environmental groups signed a settlement agreement Thursday to resolve their lawsuit against a New Orleans company that has failed to end a decade-old oil leak in the Gulf of Mexico. The New York- based Waterkeeper Alliance says the company will release more information about its efforts to stop oil from leaking at the site where one of its...» Read More
With the winter weather in the East expected to linger for the better part of this month, the market’s concern regarding heating oil is the industry’s ability to sate this demand. remains in question, writes Stephen Schork.
You'll see far less greenwashing at CES in 2010 as marketing-driven, green-themed products or brands for people with fat wallets take a backseat to less sexy incremental improvements.
Energy prices were strong yesterday - and who knew so many people in the U.S. burn crude oil to heat their homes, writes Stephen Schork.
Yes, it’s that time of year again and carbon could make your New Year’s resolutions much more successful—and profitable. A new job, a new career, a new lifestyle?
As the post mortem of Copenhagen is written, was it a lump of coal in our 2009 holiday stocking—or could this global chunk of carbon actually be a diamond in the rough?
Natural gas prices began the week with a whimper instead of a bang, closing yesterday 1.8% lower at 5.625. That marks the third consecutive day the bulls have failed to break out higher, writes Stephen Schork.
On the heels of the popular "Cash for Clunkers" program, the government announced an appliance rebate program aimed at encouraging consumers to junk their energy-guzzling appliances for more efficient ones. But it's been hard to navigate the program, until now.
There is one caveat for the bulls to consider, there is a material amount of spare capacity in the form of deferred production, writes Stephen Schork.
For A123 investors, it's been a nice two-day run. The stock is surging today after a 5% gain on Wednesday, as the U.S. battery maker announces a joint venture in China with SAIC Motor Corp.
Congress is reluctant to approve both because each will mean new and higher costs for American consumers at a time when they can least afford them..
Crude oil supplies in the Midwest (PADD II) and the GoM continued moving in opposite directions, writes Stephen Schork.
The comments this week by Audi of America President Johan de Nysschen about President Obama's administration pushing electric cars is one that will no doubt get the attention of many in the auto industry.
At the UN's Climate Summit in Copenhagen there's a lot of talk about reducing CO2 emissions. Coincidentally, the Danish capital is headquarters to Novo Nordisk, whose CEO is setting an example about cutting down on greenhouse gases in the environment.
If Copenhagen delegates want to know where the solutions to both the current climate and economic crises will come from, they need to look at the work of enterprising governors in the U.S. and Brazil.
A low-carbon economy would cost a total of $10 trillion and most of that money would have to be found from private investors, but a delay in action would cost $500 billion a year, Nobuo Tanaka, executive director of the International Energy Agency, told CNBC Monday.
Of the estimated 20,000 people converging on the UN climate conference in Copenhagen, half are expected to be under the age of 30. Other than the anti-war campaigns of the 1970s, it’s hard to recall a movement that has been so embraced, even motivated, by the world’s youth.
My wife’s grandmother, Sadie, will turn 103 next month. Of all the things that might concern or interest her, she lay awake the other night worried that world leaders won’t solve the climate crisis before its too late.
For 40 years, the North American electric system has operated as three loosely linked grids, but a new transmission company is aiming to unite them. That union, if consummated, could have strong implications for renewable energy.