Morning Volt for 05/22/2017

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05/22/2017
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Morning Volt

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How Republicans Are Slowly Going Green

Amy Harder, Axios

Conservatives are slowly coming around on climate change. Over the past few years, more than a half-dozen organizations have popped up pushing conservative climate-change and clean-energy policies, and the percentage of congressional Republicans going on the record acknowledging climate is a problem…

A Look at the Gas Stations of Tomorrow

Sarah Kent, WSJ

Among the features in the works or on oil companies’ drawing boards for their retail operations: mobile apps to fill up more quickly, and lots of alternative fuels. Some are experimenting with mobile apps to speed the refueling process, or testing services that bypass the gas station altogether and deliver fuel directly to consumers, or looking at ways that a shift by consumers to car sharing or autonomous vehicles could create opportunities for oil companies to operate car fleets.

Is The U.S.-China LNG Deal Really A Win?

Gregory Brew, Energy Collective

Despite harsh campaign rhetoric, including accusations of currency manipulation, the Trump Administration’s recent trade deal with China represents a shift towards improving relations. One big winner from the deal is American energy exports, particularly liquefied natural gas. The post, Is The U.S.-China LNG Deal Really A Win?, was first published on OilPrice.com. By Gregory Brew

Hilarious Peer Reviewed Climate Hoax: The Penis as a Social Construct

WUWT

Guest essay by Eric Worrall From the phallic climate model department, h/t James Delingpole / Breitbart a pair of hoaxers have demonstrated that random garbage, some of it com

OPEC Net Oil Revenues in 2016 Were the Lowest Since 2004

Lejla Villar, EIA

Members of the Organization of the Petroleum Exporting Countries (OPEC) earned about $433 billion in net oil export revenues in 2016, the lowest since 2004. In real dollar terms, the 2016 revenue represents a 15% decline from the $509 billion earned in 2015, mainly because of the fall in average annual crude oil prices and, to a lesser extent, because of decreases in OPEC net oil exports.

Fossil Fuel Industry Faces Disruption, But Not So Fast

Robin Mills, The National

Truly rapid disruptions in the energy business are rare, because of the vast installed base of long-life assets and the high financial and safety stakes of failure, writes Robin Mills. Such a vision, if well-founded, would indeed scare the oil and traditional vehicle industries, with the prospect of a collapse in demand. Yet The Telegraph’s breathless summary of a report by Tony Seba, a Stanford University economist, matches much other uncritical and hyperbolic commentary.

Move Over Tesla, Europe’s Building Own Gigafactories

Anna Hirtenstein, Bloomberg

Battery-making gigafactories are about to arrive in Europe, challenging a lead Tesla Inc. is building at a plant in Nevada and opening the way for a quicker shift toward green power for both cars and utilities.

US Solar Power Groups Await ITC Ruling on Higher Tariffs

Ed Crooks, Financial Times

US solar power businesses are braced for an imminent decision from the country’s International Trade Commission on whether to start a process that could lead to a sharp contraction in the market and thousands of job losses.

Saudi Arabia, Russia at Odds on Almost Everything, But Oil

Javier Blas, Bloomberg

Saudi Arabia and Russia are at odds on pretty much everything: the war in Syria, policies on Iran, ties with Washington. But when it comes to propping up global oil prices, they’ve never been more aligned.

Ahead of Exxon’s Annual Meeting, Climate Activists Gain Ground

Reuters

Shareholder activists focused on climate issues are gaining traction in their push to have large energy companies and utilities take account of the impact rising global temperatures could have on their businesses.

Each Chinese Coal Plant Will Be More Efficient Than All US Coal Plants

Vox

China’s efforts to tackle coal are comprehensive and ambitious, a new report shows.

Interactive: Miles of Ice Collapsing Into The Sea

New York Times

We went to Antarctica to understand how changes to its vast ice sheet might affect the world. Flowing lines on these maps show how the ice is moving.

Arctic Stronghold of World’s Seeds Flooded After Permafrost Melts

The Guardian

No seeds were lost but the ability of the rock vault to provide failsafe protection against all disasters is now threatened by climate change

Turns Out the Svalbard Seed Vault is Probably Fine

Mary Beth Griggs, Popular Science

Deep breaths. On its website, the Svalbard Global Seed Vault is described by Crop Trustthe nonprofit that runs itas a fail-safe seed storage facility, built to stand the test of timeand the challenge of natural or man-made disasters.

Interactive: What Trans-Mountain Pipeline Means For B.C.’s Coast

Globe and Mail

As British Columbians await final results from the May 9 vote, the future of the Trans Mountain pipeline hangs in the balance. The expansion project could bring billions in new revenue, but it would also mean an increase in coast-to-port tanker traffic, and with that, an increased risk of oil spills. We follow a tanker as it threads the needle from Burnaby to the open ocean

Fracking Crew Shortage May Push Oil’s Bubble to 2018

Joe Carroll, Bloomberg

Shale explorers pushing to expand oil production are struggling to find enough fracking crews after thousands of workers were dismissed during the crude rout.

Half of All New U.S. Hydro in 2016 Was in Kentucky

Energy Information Administration

In 2016, half of all new hydroelectricity generating capacity brought into service in the United States was located in Kentucky, and hydropower supplied 88% of Kentucky’s renewable electricity generation.

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