oil and gas Archives – The Green Optimistic

Big Oil and Gas Companies Will be Struggling in Years to Come

Annika Tostengard — Tue, 20 Oct 2015 05:38:10 +0000

As oil prices drop, the biggest oil and gas companies may be the ones that suffer the most. While smaller companies may find it easier to start and stop work as the market fluctuates, the largest companies will likely have a difficulty adjusting. In addition, companies are also cutting their exploration budgets, which will significantly […]

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Solar and Wind Don’t Need Subsidies, Says US Energy Secretary

Annika Tostengard — Tue, 01 Sep 2015 20:21:00 +0000

The Energy Secretary for the United States, Ernest Moniz, thinks that the costs of producing solar and wind energy have fallen so low that they would be competitive with oil and gas even without the subsidies they currently receive from the government. Moniz, who was trained as a nuclear physicist, explained to reporters that while the […]

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New Report: Effects of Climate Change to Cost $4.2tn

Annika Tostengard — Wed, 29 Jul 2015 05:35:01 +0000

Unless the effects of climate change are mitigated soon, then private investors will lose an estimated $4.2tn by 2100. This is true even if the global average temperature remains at the current 2 degrees Celsius. If the temperature continues to rise and reaches 5C, then the estimate becomes $7tn, not adjusting for inflation. These numbers […]

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Microbial Battery Cleans Wastewater, Generates Energy

Mila Luleva — Tue, 03 Mar 2015 13:34:08 +0000

A team of US researchers have found a cost effective way to use a microbial battery for cleaning up wastewater discarded during oil and gas operations. With fresh water scarcity becoming more and more of a problem as we speak, any industry that pollutes the “liquid gold” or wastes it in any way, is the […]

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Anti-Fracking Politician Called “Terrorist”

Leigh Hutchens — Wed, 07 May 2014 20:33:24 +0000

Rep. Jared Polis (Democrat-Colorado) thinks local communities should be able to decide how fracking is regulated in their area – if it’s permitted at all. According to the chair of the Colorado Republican Committee, Ryan Call, this makes Jared Polis a terrorist. Polis is among backers of an initiative proposed for November that would increase […]

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