October 23, 2008
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Energy & Renewables Newsletter October 23, 2008 |
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| This Week´s Featured News Stories |
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Energizing the race to the White House
Both candidates for the US presidency want to revamp their country’s energy policies to strengthen the nation’s strategic self reliance and to accelerate the shift toward greener energy sources. Senator Barack Obama, the Democratic nominee, and Senator John McCain, the Republican nominee, have each made sweeping calls to reduce America’s dependence on oil from unfriendly regimes. That Canada is considered ‘friendly’ doesn’t mean smooth sailing ahead for our energy sector. According to the federal Energy Information Administration, last year the US imported nearly 4.9 billion barrels of oil ... |
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Will the economic crisis stall energy projects?
A corollary to this question is whether the economic crisis will change the calculus of what kinds of energy projects receive financing, and whether that could significantly change the energy mix. Renewable energy projects, as well as capture and storage projects for coal-fired power generation, face a unique set of circumstances and challenges. Renewable energy has seen robust expansion in the past several years. New wind and solar generation capacity in the US have each increased over ten-fold in the last decade. This impressive growth is—by and large—not due to an increase in market demand ... |
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