Category: Europe

Little growth likely in Colorado, U.S. oil production in 2022, report finds 6/2/2022

Little growth likely in Colorado, U.S. oil production in 2022, report finds

Payne Institute Sustainable Finance Lab Program Manager Brad Handler contributes to this article about how supply issues, and Wall Street demands limit drilling activity despite 1,400 active permits in Colorado.  Oil and gas drilling activity has inched upwards in Colorado since the Russian invasion of Ukraine sent prices soaring earlier this year, but investor demands and supply constraints — not state or federal policy — will likely limit production growth through at least the end of the year, a new Colorado School of Mines analysis concludes.  June 2, 2022.

The US role in securing the European Union’s near-term natural gas supply 5/26/2022

The US role in securing the European Union’s near-term natural gas supply

Payne Institute Fellow Arvind Ravikumar, Director Morgan Bazilian, and Michael Webber write about how the European Union’s plan to phase out Russian natural gas imports by 2027 rests partly on increasing near-term imports of US liquefied natural gas. This will require a coordinated policy response that includes securing supplies from major exporters, global diplomacy, expanding import capacity, and alignment with Europe’s climate goals.  May 26, 2022.

Satellite Data Offers a Broad Array of Policy Insights 5/12/2022

Satellite Data Offers a Broad Array of Policy Insights

Payne Institute Communications Associate Chris Dunn and Director Morgan Bazilian summarize how satellite data is rapidly growing in importance for informing crucial policy decisions. Insights offered fall into one of three main categories: energy security and assessment, emissions and environment, and human and national security. May 12, 2022.

Fostering Effective Energy Transition 2022 5/11/2022

Fostering Effective Energy Transition 2022

Payne Institute Director Morgan Bazilian contributed to this World Economic Forum report on how the global energy transition builds on the trends from the Energy Transition Index to provide perspective on the current challenges and recommendations on how to navigate the transition through a turbulent macroeconomic and geopolitical environment. A series of compounded shocks pose short-term risks to energy affordability, sustainability, and energy security. However, the window to prevent the worst consequences of climate change is closing fast.  May 11, 2022.

Air-Conditioning Should Be a Human Right in the Climate Crisis 5/10/2022

Air-Conditioning Should Be a Human Right in the Climate Crisis

Rose M. Mutiso, Morgan D. Bazilian, Jacob Kincer, and Brooke Bowser write about how we need to protect vulnerable people from killer heat without destroying the environment.  As the world heats up, billions of people need air-conditioning. This 120-year-old technology used to be considered a luxury, but in the age of climate change, it is a necessity for human survival. Understandably, this has created anxiety over the climate threat of a world overrun with ACs. But the coming boom in air-conditioning is an essential shift toward reducing the enormous gap in cooling availability that exists between rich and poor people and nations—and toward producing a more equitable world.  May 10, 2022.

HOW RUSSIA MADE THE WORLD MORE FOOD INSECURE 4/22/2022

HOW RUSSIA MADE THE WORLD MORE FOOD INSECURE

Payne Institute Communications Associate Brooke Bowser and Director Morgan Bazilian write about how Russia’s invasion of Ukraine has not only created global food insecurity but is also damaging the environment.  As markets swing with volatility, the reactions of some countries will have significant ramifications for global food security and resilience to climate change.  April 22, 2022.

How Russia’s Invasion of Ukraine Will Impact Africa’s Energy Transition 4/22/2022

How Russia’s Invasion of Ukraine Will Impact Africa’s Energy Transition

Katie Auth and Payne Institute Fellow Todd Moss write about how the Russian invasion of Ukraine will shift the geopolitics of decarbonization, with particularly stark implications for energy politics in Africa.  The energy sector impacts of this war will reverberate across every corner of the globe.  April 22, 2022.

RUSSIA’S WAR HINDERS SUSTAINABLE STEEL EFFORTS 4/20/2022

RUSSIA’S WAR HINDERS SUSTAINABLE STEEL EFFORTS

Payne Institute Communications Associate Brooke Bowser and Director Morgan Bazilian write about how climate action and sustainable practices are not a priority for the Kremlin.  Unfortunately, as the metal’s global market is rattled by war and rising prices, Russia’s invasion of Ukraine removes the focus on decarbonization to more immediately pressing issues of security.  April 20, 2022.

Ukraine War Gives U.S. LNG Chance to Shed Fracked-Gas Stigma

Ukraine War Gives U.S. LNG Chance to Shed Fracked-Gas Stigma

The Payne Institute Earth Observation Group provided the satellite data science the experts and employees of Cheniere Energy Inc., the largest U.S. exporter of natural gas, used for their high-stakes campaign to show Europe that as it abandons Russian gas, it can substitute the American variety without fear. Their job is to find the most efficient leak detecting system.  April 19, 2022.

Climate questions mount as U.S. rushes LNG to Europe 4/14/2022

Climate questions mount as U.S. rushes LNG to Europe

Payne Institute Director Morgan Bazilian contributes to this article about how the U.S. LNG industry has grown rapidly since the country shipped its first cargo in 2016. In December, America edged out Qatar to become the top LNG exporter in the world.  Now, with Russia waging war in Ukraine and Asia’s growing economies hungry for energy, the world is demanding even more American LNG. President Joe Biden has promised to send more American shipments to Europe, as part of an E.U. effort to slash Russian gas imports to the continent by two-thirds.  April 14, 2022.