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Energy Efficiency and Technology Squeeze the Carbon Bubble

The carbon bubble will burst with or without government action, according to a new study. That will hurt people who invest in fossil fuels.

As energy efficiency and renewable energy technologies improve and prices drop, global demand for fossil fuels will decline, "stranding" new fossil fuel ventures—likely before 2035, according to the study in Nature Climate Change, "Macroeconomic impact of stranded fossil fuel assets."

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VanessaC (EY) / Flickr / CC BY-NC-ND 2.0

The Lake Powell Pipeline Is a Hot, Expensive Mess

By Sam Schipani

With rainfall at record lows, water is an increasingly precious commodity in the deserts of southern Utah. But in the driest reaches of redrock country, one long-waged water war thunders even louder than the rest.

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Energy
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'Historic First': Nebraska Farmers Return Land to Ponca Tribe in Effort to Block Keystone XL

By Jessica Corbett

In a move that could challenge the proposed path of TransCanada's Keystone XL pipeline—and acknowledges the U.S. government's long history of abusing Native Americans and forcing them off their lands—a Nebraska farm couple has returned a portion of ancestral land to the Ponca Tribe.

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Energy
A demonstration against the Keystone XL pipeline. Josh Lopez / CC BY 2.0

South Dakota High Court Blocks Bid to Halt Keystone XL

The South Dakota Supreme Court disappointed an attempt by Native American tribes and state activists to block the Keystone XL pipeline on Wednesday, ruling that the lower court lacked jurisdiction to hear their appeal, The Associated Press reported.

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Climate
Permian Basin oil field. Blake.Thornberry / Flickr / CC BY-NC-ND 2.0

Permian Basin Pipeline Will Carry Out 1 M Barrels of Crude Oil Per Day

ExxonMobil and Plains All American Pipeline announced Tuesday a joint pursuit to construct a multi-billion dollar pipeline that will transport more than 1 million barrels of crude oil and condensate per day from the oil-rich Permian Basin to the Texas Gulf Coast, the Houston Chronicle reported.

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Chinese Gas Pipeline Explosion Injures 24 People

A natural gas pipeline operated by the state-owned China National Petroleum Corp. exploded in the southwestern Guizhou province on Sunday night.

At least 24 people were "seriously injured," Xinhua reported Monday, citing local government authorities. Eight people are reportedly in critical condition and 16 in serious condition. No deaths were reported.

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Energy
The Kinder Morgan Trans Mountain Pipeline Darfield Pumping Station. Google

Kinder Morgan Pipeline Leak Two Days Before Trudeau Buyout Was 48 Times Larger Than First Reported

By Jake Johnson

Just two days before Canadian Prime Minister Justin Trudeau announced that his government would purchase Kinder Morgan's faltering and widely opposed Trans Mountain pipeline, British Columbia's Ministry of Environment said 100 liters of crude oil had leaked at a Kinder Morgan pipeline pump station north of Kamloops—but the company initially refused to confirm the severity of the spill.

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Nixon Ridge pipeline explosion. Marshall County Homeland Security & Emergency Management / Facebook

TransCanada Pipeline Explodes in West Virginia

A newly installed TransCanada natural gas pipeline exploded early Thursday in the remote Nixon Ridge area of Marshall County in West Virginia.

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Energy
Oil sands, Fort McMurray, Alberta on Nov. 11, 2010. eryn.rickard / CC BY 2.0

Canada Risks Billions in a 'Carbon Bubble' as Kinder Morgan Execs Get Big Bonuses

By Andy Rowell

Days after Justin Trudeau blew an estimated $15 billion of hard-earned Canadian taxpayer money on Kinder Morgan's Trans Mountain pipeline, scientists are warning just how financially and ecologically stupid and short-sighted the investment was.

In a peer reviewed scientific paper published Monday, the scientists warn of the existence of a "carbon bubble," due to the plunging price of renewables and improved energy efficiency measures, which will make many fossil fuel projects "stranded assets."

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