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IEEFA Australia: The most capital-efficient solution to drive the energy transformation is a global price on carbon

Woodside Energy’s CEO Peter Coleman calls for a global carbon price

Australia’s largest listed energy company, Woodside Energy Ltd has called for a price on carbon and national energy consensus to meet global Paris commitments and as a pre-requisite to sustainable economic growth for Australia. Woodside’s call is a timely reminder that people and communities cannot afford to wait for governments to act. Business communities needs […]

November 14, 2018 Read More →
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IEEFA Update: Oil and gas industry caught in a capex conundrum

Invest in the future or return cash to shareholders?

The oil and gas industry confronts a host of challenges that would have been inconceivable a decade ago: weak cash flows, meager profits, slumping stock values, volatile revenues, unreliable demand growth, and rising competition from renewables, to name just a few. The industry now faces a quandary. Should companies continue to invest in new drilling […]

IEEFA U.S.: Why are Virginia energy coop customers paying as much as 50% over market?

45-year supply contract is not publicly available and has no transparency

Customers of a rural electric cooperative in northern Virginia are locked into paying 23% to 50% above-market rates for power under a forty-five year contract, even though the supplier to the coop buys the majority of its power at market rates. That’s the main conclusion of an IEEFA briefing note released earlier this month on […]

November 13, 2018 Read More →

IEEFA Australasia: New global energy report headlines decline of coal as cheaper renewable technologies gain preference

International Energy Agency releases annual World Energy Outlook 2018 Report today

Nov. 13, 2018, SYDNEY (IEEFA): Thermal coal is fated for long-term structural decline and energy-related carbon dioxide emissions are increasing despite the Paris targets: those are the key take-outs in the International Energy Agency’s World Energy Outlook (WEO) 2018 report released today, which also finds wind and solar are now two of the top three […]

November 13, 2018 Read More →
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