GLG News by Natural Gas Experts (North America)

To the uninitiated, the requests by major CA utilities for more renewables seems like a slam dunk for those seeking to sell their renewable resources.  But how real are the responders to these requests?  Are the contracts they enter into with PG&E and SCE really going to come to fruition,...

The carbon markets have been doubling each year. As we approach the implementation of the Kyoto Protocol and the second phase of the EU Emissions Trading Scheme on January 1, 2008, the markets are poised to accelerate. However, the survey does not pay much attention to the rising carbon market in the...

    The Surface Transportation Board (STB) decided on January 25, 2007 that fuel surcharges in rail transportation agreements must more accurately reflect the actual cost of the movement and not be a “double dip” by including fuel-related costs also in indices utilized to adjust...

    The article references the March 2007 release of the report, “The Future of Coal in a Carbon Constrained World”, by a team of professors at Massachusetts Institute of Technology. The report, among other things, computes the utilization of coal in a carbon constrained world. The...

    The article reports on the cost of Duke Power’s proposed Cliffside Coal Plant in North Carolina. The increasing costs, and the reasons, for coal power plants are discussed in the analysis section.

Bank of America has taken a high profile to catch up with the movement of all US banks to get on the green bandwagon. The fact is that investors are driving this surge of interest. Yet, the markets are still financially immature and full of risk.

With states on both coasts moving forward with their own cap and trade carbon trading regimes, it is only a matter of time before the federal government steps into a mandatory carbon market for the whole country. This is actually following the path of market development for acid raid and ozone remediation....

Major oil companies have been reluctant to step up their upstream drilling programs because they have been unwilling to admit that higher oil and gas prices are a long term trend. They now seem to be accepting the reality that they are in a long term secular trend of higher sustained energy prices.

There is a misnomer that greentech is another dotcom bubble. What most fail to realize is that the world's largest business energy is an underinvested and highly promising sector.

    The article discusses the move in the railroad equities, Prudential’s initiation of coverage of the sector, and the lucrative nature of transporting coal     Another point for consideration is the CSX announced on March 1 that the tariff rate for coal...