Last month, Peter Brabeck, the chairman of the Swiss food giant Nestle, declared that using food crops to make biofuels was “absolute madness.” The epicenter of that madness is the U.S. corn-ethanol sector.
Read moreIn his rebuttal, Steve Sawyer claims, incredibly, that while he cannot say “precisely when the governments of the world” will slap a price on carbon emissions, they “surely will”.
Read moreImplicit in the arguments put forward by Steve Sawyer are assumptions that governments have infinite supplies of money and land. They do not.
Read moreWhen it comes to cutting carbon emissions, renewables simply cannot compete with natural gas on three key issues: local opposition, cost and scale.
Read moreTexas governor Rick Perry’s high-profile battle with the Environmental Protection Agency (EPA) couldn’t have come at a better time.
Read moreBack on November 3, fresh from a mid-term shellacking that added 63 new Republicans to the House of Representatives, President Obama uttered two words that have been missing from nearly every energy-related discussion he’s had since he began running for president: “natural gas.”
Read moreDebunking the tsunami of hype about biofuels doesn’t require much. A standard calculator will do. Alas, Thomas Friedman can’t be bothered to do the handful of simple calculations that prove the futility of the biofuels madness.
Read moreAfter 30 months, countless TV appearances, and $80 million spent on an extravagant PR campaign, T. Boone Pickens has finally admitted the obvious: The wind energy business isn’t a very good one.
Read moreEthanol is the Frankenfuel of the energy business, a subsidy-devouring monster that cannot be killed, no matter how great the political opposition.
Read moreEarly next year, the Ensco 8503, a massive new drilling rig designed to work in water depths of up to 10,000 feet, will be towed out of the Gulf of Mexico to a drilling site off the coast of French Guinea.
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