AEN Staff, Author at The American Energy News Page 4 of 396

Column: City of Vancouver, FortisBC collaborate on climate action

FortisBC will present its long-term resource plan to the B.C. Utilities Commission Thursday By Tom-Pierre Frappé-Sénéclauze That the City of Vancouver and FortisBC have agreed to collaborate on climate action is positive news. It is heartening to see FortisBC collaboratively engage to explore its role in the low-carbon economy. How far this new way of thinking has […]

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Low-carbon economy will not be made by policy alone

News

Reversing course on low-carbon economy unwise for Canada, despite US stance By Glen Hodgson The transformation to a low-carbon economy has begun. Much of the public debate has been about the policy framework and instruments for shaping a low-carbon economy. Some of the basic economic fundamentals, such as the role of consumption and investment, and

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Comparing Trump vs. Notley policies on decline of coal

News

Propping up domestic coal demand is an expensive snooze button By Meredith Fowlie The decline in U.S. coal-fired electricity generation is a good news/bad news story, depending on your perspective. The good news is that, as coal gets displaced by cleaner fuels, the climate changes more slowly, and we all breathe easier. But the pictures below

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Column: Hedge funds start to take profits after oil rally

News

Hedge funds managers cut combined net long position in five major futures By John Kemp LONDON, Dec 11 (Reuters) – Hedge fund managers have started to take profits from the big rise in crude oil and refined products prices since June now the rally has lost momentum and inventories are showing signs of stabilizing. Portfolio

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Canadian lithium, cobalt miners may benefit from EV batteries boon

Canada

EV batteries use a game changer for small mining companies Canadian mining companies developing cobalt and lithium mines all over the world are hoping to benefit as automakers shift to building electric vehicles, driving up the need for EV batteries. According to a Reuters report, Toronto-listed cobalt companies, Ecobalt Solutions and Fortune Minerals are in

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Oil prices rise on North Sea pipeline shutdown, New York blast

Energy Financial

Oil prices up as investors shift to hard-asset commodity markets following NY explosion Oil prices reversed early declines on Monday after reports of a shutdown at a North Sea pipeline and an explosion rocked the New York Port Authority Bus Terminal. By 1:32 p.m. EST, Brent had risen by $1.23 to $64.63/barrel and US WTI

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Trudeau gov’t supports Trans Mountain appeal to NEB

Canada

Trans Mountain appealed to NEB over local permits for project Canada’s Minister of Natural Resources, Jim Carr released a statement Wednesday supporting Kinder Morgan’s appeal to the National Energy Board over obtaining local permits required for construction of the Trans Mountain Pipeline Expansion. “The Government has taken an important step to ensure that when a

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BMW looking for partners to develop small EVs

Innovation

Technical challenges associated with small EVs German automaker BMW says it is in talks with other automakers in an effort to find partners to develop an electric Mini, according to a Reuters report. “We are talking to many OEMs (manufacturers) around the world, not only in China, (about) how to electrify smaller cars,” said BMW

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Oil prices drop on rising US output, OPEC meeting

Energy Financial

Oil prices fall despite decline in US crude stocks Oil prices fell on Wednesday in volatile trading as OPEC ministers offered conflicting statements on the possible extension of the OPEC supply cut agreement one day before the cartel meets in Vienna. By the end of the session, benchmark Brent futures had fallen by 50 cents

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Column: Key issues for OPEC oil ministers meeting in Vienna

News

OPEC ministers must reassure bullish investors, calm fears of a price spike By John Kemp LONDON, Nov 29 (Reuters) – Ministers from the Organization of the Petroleum Exporting Countries and their allies meeting in Vienna on Thursday must make a series of fairly straightforward decisions but weigh the risks carefully. Ministers must consider six basic

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