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IEEFA Research

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

Mature, cost-competitive recycling technology offers an immediate opportunity for emissions reductions

17 December (IEEFA Australia): Investors are increasingly pressuring global steel companies to set out credible decarbonisation plans and these demands will only intensify. A significant trend that will lower emissions will be the expansion of scrap steel recycling, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Steel recycling is […]

IEEFA U.S.: ExxonMobil touts Permian Basin success but achieves mixed results

IEEFA U.S.: ExxonMobil touts Permian Basin success but achieves mixed results

Data suggests that ExxonMobil is underperforming in the Permian Basin

June 9, 2021 (IEEFA) – ExxonMobil’s claims that its Permian Basin oil and gas reserves are world-class will need the immediate attention of the new board, according to a new analysis by the Institute for Energy Economics and Financial Analysis (IEEFA). In recent investor presentations, ExxonMobil has highlighted the superior performance of its oil wells […]

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers

December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]

IEEFA U.S.: Plummeting oil and gas prices leave New Mexico’s budget short by hundreds of millions of dollars

IEEFA U.S.: Plummeting oil and gas prices leave New Mexico’s budget short by hundreds of millions of dollars

Industry problems hit before the pandemic, were made worse by it and will persist even after the economy improves

October 20, 2020 (IEEFA) — After years of benefitting from record oil and gas revenues, global markets are signaling the beginning of the end of New Mexico’s financial reliance on fossil fuels. Leases, royalty payments and taxes from the oil and gas industry have directly accounted for as much as 30 percent of the state’s […]

IEEFA: Canadian assessment of LNG ‘rising tide’ would drown balance sheets in red ink

IEEFA: Canadian assessment of LNG ‘rising tide’ would drown balance sheets in red ink

Hope springs eternal for Chinese demand but reality suggests bleak forecast for new projects

October 19, 2020 (IEEFA)— The Conference Board of Canada, an Ottawa-based research organization, has doubled down on a bad hand, according to an analysis by the Institute for Energy Economics and Financial Analysis. The Conference Board’s report, A Rising Tide: The Economic Impact of B.C.’s Liquified Natural Gas Industry, claims an expansion of the British […]

IEEFA brief: Second quarter results show that shareholder dividends pushed oil supermajors deep into red

IEEFA brief: Second quarter results show that shareholder dividends pushed oil supermajors deep into red

ExxonMobil, recently kicked out of the Dow Jones Industrial Average, posted the worst performance among supermajors in Q2

August 25, 2020 (IEEFA)— One day after ExxonMobil was kicked out of the Dow Jones Industrial Average, a new analysis shows that the company suffered through one of its worst quarters in years, characterized by sharply negative free cash flows and massive borrowing to sustain its shareholder dividends. Overall, the five global oil and gas […]

IEEFA report: China unlikely to come to rescue of overbuilt U.S. LNG industry

IEEFA report: China unlikely to come to rescue of overbuilt U.S. LNG industry

Falling prices and shrinking demand constrain market, even before coronavirus crisis

July 29, 2020 (IEEFA) — A rebound of the ailing U.S. liquefied natural gas (LNG) industry isn’t likely to come from Chinese demand, according to a new study by the Institute for Energy Economics and Financial Analysis (IEEFA). Global LNG markets have been hammered by collapsing prices, falling consumption, and an enormous supply glut in […]

IEEFA report: Transition planning a must as South Africa’s export markets pivot away from thermal coal

New energy technology replacing coal-fired power faster than predicted

16 September 2019 (IEEFA South Africa) ‒ South African coal exports are approaching long-term decline, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) out today. Author of the report Simon Nicholas, energy finance analyst with IEEFA, says the sector needs to come to terms with the prospect of fading […]

IEEFA Global: A $51 Billion Gap (and a $51 Billion Opportunity) in BRICS Nations’ Renewable Energy Development

How to Meet the Goal? Through "Blended Finance" Where Public Funds Unleash Private Money

Here, in one chart, is an IEEFA picture worth a thousand words. While some $130 billion was invested last year in renewable-energy development in the BRICS countries—Brazil, Russia, India, China, and South Africa—billions more are required if these countries are to meet their commitments to climate-change mitigation policies. The four countries, in all, have announced […]

October 17, 2016 Read More →

More News and Commentary

Rosneft OKs plan to reach net zero by 2050, ahead of Putin deadline

Reuters: Russia’s largest oil producer Rosneft said on Tuesday that its board has approved new strategy through to 2030 with the aim of achieving net zero emissions by 2050, earlier than President Vladimir Putin’s deadline. Climate scientists have said the balance between the greenhouse gases we emit and those removed from the atmosphere must be […]

December 22, 2021 Read More →
IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling
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IEEFA: China, Japan and South Korea stand to gain most from increased scrap steel recycling

Mature, cost-competitive recycling technology offers an immediate opportunity for emissions reductions

17 December (IEEFA Australia): Investors are increasingly pressuring global steel companies to set out credible decarbonisation plans and these demands will only intensify. A significant trend that will lower emissions will be the expansion of scrap steel recycling, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Steel recycling is […]

IEEFA: Wild price swings fail to satisfy either oil and gas industry or consumers

Lack of middle ground in prices causes unhappy oil and gas companies, consumers

The price of oil has become a lot like the weather: If you don’t like it now, wait a minute.  In the spring of 2020, oil markets went into a deep freeze, with the Covid-19 pandemic, a Saudi-Russia price war, and growing supply gluts pushing U.S. oil prices into negative territory for the first time. […]

IEEFA: EU considers bowing out of gold standard taxonomy – leaving room for China to take the lead

China’s taxonomy rejects LNG, gas and coal

It appears the EU is no longer going for gold. The executive vice president of the European Commission, Frans Timmermans, has signalled that after months of debate, the bloc is considering a role for ‘natural’ gas in the EU green taxonomy. This is despite the UN-backed Net-zero Asset Owner Alliance representing around EUR 9 trillion warning […]

November 15, 2021 Read More →

Six more countries, including France, join alliance to ban oil and gas

Reuters: A fledgling international alliance to halt new oil and gas drilling added six members on Thursday during the U.N. climate conference but did not get the support of any major fossil fuel producers or the British government, host of the talks. The absence of more widespread backing reflects the difficulty of imposing blanket policies […]

November 12, 2021 Read More →
IEEFA: The cash hit-list to counter climate change

IEEFA: The cash hit-list to counter climate change

From Glasgow, the U.S. and Europe must produce three critical fiscal developments to counter climate change

I was struck by the image of the G20 leaders tossing coins over their shoulders into the Trevi Fountain to make a wish. That pretty much sums up what members of that group will be left with – not least our own PM – if they don’t get moving on providing an adjustment mechanism to counter climate […]

IEEFA Update: Global methane pledge needs action, not transition

IEEFA Update: Global methane pledge needs action, not transition

Methane emission reduction is vital to curb the worst effects of climate change

This week our friends and allies, the U.S. and European Union and partners, formally launched the Global Methane pledge, an initiative to reduce global methane emissions. In all, more than 100 countries representing 70% of the global economy and nearly half of anthropogenic methane emissions have now signed the pledge. The global methane pledge commits […]

November 5, 2021 Read More →
IEEFA U.S.:  Booming U.S. natural gas exports fuel high prices

IEEFA U.S.: Booming U.S. natural gas exports fuel high prices

U.S. is exporting natural gas, and importing price volatility

As fall utility bills start hitting people’s mailboxes, more households will start feeling the pinch of higher natural gas prices. The wholesale price of U.S. gas has roughly tripled from last summer’s lows, and utilities are passing on rising costs to their customers. But it’s not just householders who will feel the pinch. Businesses are […]

IEEFA: More clean energy investment will insulate against rising coal, oil and gas prices

Renewables should power economic recovery, not fossil fuels, so clean energy investment must ramp up urgently

As global leaders grapple with the planet’s future at the COP26 climate summit, coal, gas and oil prices are soaring around the world driven by rebounding energy demand post the pandemic, extreme weather events and planned and unplanned outages. More clean energy investment will insulate against this fossil fuel price volatility. Gas prices in Asia […]

November 4, 2021 Read More →

G-20 makes little progress on emissions cuts on dawn of COP26

Wall Street Journal ($): The world’s leading economies made no major progress on Sunday over how to cut greenhouse gas emissions, showing how difficult it will be to achieve a breakthrough at United Nations climate talks in Glasgow over the next two weeks. During a two-day summit in Rome, leaders of the Group of 20 […]

November 1, 2021 Read More →