Although Trump keeps pushing lumps of coal and tankers full of freedom gas down the world’s collective throats, his industry-friendly administration hasn’t prevented America’s coal industry from dying or its fracking companies from losing piles of money. Nor has he stopped wind from gaining even more traction. After setting growth records last year, another breakthrough is forecast for 2020 as investors pour resources into new waters: offshore wind energy. But fearing its tremendous potential energy capacity, Trump’s minions are ramping up efforts to hold it back. As election fever grips the nation, L. Michael Buchsbaum looks at the state of offshore wind in Part 3 of his series on America’s energy transition.
As the race to decide this year’s Democratic U.S. Presidential candidate barrels towards the heart of the nation’s long and confusing primary season, it’s becoming a contest between progressive Senators Bernie Sanders and Elizabeth Warren on the left; former New York Mayor, recent Republican, and billionaire businessman, Mike Bloomberg on the right; and the two middle-of-the-road party favorites former Vice President Joe Biden and Minnesota Senator Klobuchar fighting for attention in the narrowing center. But as environmental voters really start feeling Sanders, the party establishment is pushing back. L. Michael Buchsbaum takes us there.
Despite President Trump pulling out all the stops to prevent America’s coal industry from dying, renewables are rapidly overtaking its share of the U.S. electricity generation mix—and even cutting into fossil gas’ expansion. Since it’s clearly not America’s relaxed federal regulations pushing the toxic-gas belchers into the dustbins of history, what’s driving the green train? The rapidly maturing economics of clean energy, L. Michael Buchsbaum explains in part 2 of his series on America’s energy transition.
Despite Trump proudly rolling back at least 85 environmental rules to prop it up, America is mining and burning less coal today than it has in over four decades. Since the 2016 election, 27% of the entire coal-fired power fleet has retired—with many more closures expected. As the King dies, two questions remain: what will take its place? And who will clean up the industry’s mess? L. Michael Buchsbaum explores these questions and more in the first of a series treating America’s Energy Transition.
Though fracking enabled the U.S. to finally re-achieve the long held conservative dream of energy independence, the ever-increasing volume of fracked fossil gas flowing out of the U.S., has led to an international glut as prices continue to fall. Now neck-deep in debt and historically unprofitable, pure play gas frackers are starting to struggle. Mass bankruptcies, shut-ins, and layoffs are likely. But Trump’s evisceration of environmental protection laws combined with ludicrously low liability bonds virtually ensures the public will be stuck with the clean up bill. Michael Buchsbaum explains.
Americans in some states are realizing the benefits of renewables. Better than in Europe: it saves low-income people money. But its overall numbers are still comparatively small. Paul Hockenos takes a look at the development
The Green New Deal (GND) pact embraced by scores of US Democrats is chock- full of vibrant ideas and urgent policy considerations. It’s right that with the climate crisis accelerating faster than scientists predicted and our window to curb it narrowing, we have to think big – indeed something at least as sweeping in scope as the New Deal recovery program of the 1930s. Paul Hockenos reports
On a high-speed, zero-emissions vessel, Greta Thunberg arrived in the
U.S. from Europe on August 29 – a masterpiece of symbolism and PR savvy, the kind which by now we’ve come to expect from the Swedish teenager and her fellow activists in the Fridays for Future movement. In the space of just one short year, their audacious “school strikes” on Fridays have prompted a startling reality check among citizens and politicos in much of Europe and beyond, including German chancellor Angela Merkel – but, alas, not in the US. Paul Hockenos reports
As utilities across Europe make the switch from coal to gas, CO2 emissions there are falling. But on the other side of the Atlantic, ever-rising fracking production deteriorates air and water quality, impacting public health. Buchsbaum reports from Colorado where ozone and other industry associated pollutants regularly makes outdoor exercise dangerous.
Under pressure from Trump, just weeks ahead of the European Parliamentary elections, the EU Commission signed a long-term agreement locking in at least 20-years of imported fracked Liquid Natural Gas (LNG) shipments. Despite hundreds of international environmental groups warning this will torpedo the goals of the 2015 Paris Climate Accords and retard plans to decarbonize Europe, EU President Juncker and Vice-President Maroš Šefčovič are hailing the deal as part of the continent’s on-going clean energy transition. L. Michael Buchsbaum takes a look.