In effect the current debt is managed by borrowing from the future, on the assumption that the future will be better off. But the underlying trend based on an energy analysis tells us a different story.
Enabled by rising debt, shale companies have been achieving record fracked oil and gas production, while promising investors a big future payoff. But over a decade into the “fracking miracle,” investors are showing signs they’re worried that payoff will never come — and as a result, loans are drying up.
Two technical reports on the Site C dam prepared for the BC Utilities Commission by Deloitte LLP confirm critics’ warnings that the dam is not needed and is at high risk of delays and cost overruns. Deloitte also concluded that even if the energy is needed there are more environmentally friendly and less costly ways to generate power with a combination of existing hydro upgrades, conservation and smaller wind and geothermal projects.
Even without the threat of carbon regulations, the US coal industry is already in dire straits.
Using a simple cost model this article shows that PV technologies can indeed supply electricity to the grid for less than 0.10 €/kWh in large swaths of the continent…
Felicity Lawrence is a food writer and Guardian investigative journalist. When it comes to understanding the dark side of how the food industry works, she is the place to turn…
Despite the row about green levies the bulk of household energy costs are dictated by the cost of wholesale fuel, and investments in upgrading network infrastructure.
UVM Lecturer Eric Garza on the energy use–and energy production in the US food system.