On Thursday (Feb 4), White House officials announced the president will call for a $10-per-barrel tax on oil production to raise $32 billion a year for green transportation, infrastructure and clean energy.
Today biofuels production and consumption stand at a fraction of the levels foreseen under the Renewable Fuel Standard, a federal mandate signed by President George W. Bush that requires fuels made from corn, sugarcane, and other biological sources to be mixed into the nation’s gasoline supply. That’s just the beginning of the issues with biofuels, though.
Analysts have long argued that nations aiming to use wind and solar power to curb emissions from fossil fuel burning would first have to invest heavily in new technologies to store electricity produced by these intermittent sources—after all, the sun isn’t always shining and the wind isn’t always blowing. But a study out today suggests that the United States could, at least in theory, use new high-voltage power lines to move renewable power across the nation, and essentially eliminate the need to add new storage capacity.
A US House of Representatives committee has approved a bipartisan bill to support federal research and development (R&D) and stimulate private investment in advanced nuclear reactor technologies. The approval came as President Barack Obama said the country must move away from "dirty energy".
The FY16 omnibus appropriations legislation and an accompanying bill related to tax provisions were signed by President Obama on December 18. After several years of sequestration spending caps and mostly flat funding for TBED-related programs, the new agreement will bolster funding for many science and economic development initiatives, as well as extend a number of tax credits for small and high-tech businesses. In this article, SSTI takes a closer look at the changes for research and entrepreneurship funding delivered by the deal.
The nation’s airlines could realize more than $250 billion dollars in savings in the near future thanks to green-related technologies developed and refined by NASA’s aeronautics researchers during the past six years. These new technologies, developed under the purview of NASA’s Environmentally Responsible Aviation (ERA) project, could cut airline fuel use in half, pollution by 75 percent and noise to nearly one-eighth of today’s levels.
TransCanada has filed a lawsuit against the Obama administration and plans to file a claim under the North American Free Trade Agreement over the U.S. government's rejection of the company's proposed Keystone XL pipeline. The company said Wednesday it has filed a notice of intent to initiate the NAFTA claim on the basis that the denial was not justified.
The U.S. wind power industry is celebrating after reaching a new milestone in November: 70 gigawatts (GW) of generating capacity. "That's enough to power about 19 million homes," says Michael Goggin, senior director of research at the American Wind Energy Association (AWEA). There are more than 50,000 wind turbines operating across 40 states and Puerto Rico, according to the AWEA.
U.S. crude oil and lease condensate proved reserves increased by 9% to 39.9 billion barrels, and natural gas proved reserves increased by 10% to 389 trillion cubic feet in 2014, according to EIA's U.S. Crude Oil and Natural Gas Proved Reserves report. U.S. crude oil and lease condensate proved reserves reached the highest level since 1972, and natural gas proved reserves surpassed last year's record level.