Category: Payne News

Gas Flaring Declined in 2020, Study Finds 5/10/2021

The Payne Institute Earth Observation Group provided the satellite data research analysis for the recently released World Bank Global Gas Flaring Tracker Report in April 2021.  According to the GGFR, gas flaring worldwide decreased by 5 percent in the pandemic year, mostly because of lower demand for oil. May 10, 2021.

Colonial Pipeline hack reveals critical infrastructure risks 5/10/2021

Colonial Pipeline hack reveals critical infrastructure risks

Payne Institute Director Morgan Bazilian discusses big industrial networks, including the Colonial Pipeline, which has been down for three days following a cyberbreach, that fill vital everyday needs such as gasoline, clean water and electricity on a podcast with Scott Tong. The Joe Biden administration plans new cyber rules for agencies and contractors involved in critical infrastructure.  May 10, 2021.

Of actors, cities and energy systems: advancing the transformative potential of urban electrification 5/6/2021

Of actors, cities and energy systems advancing the transformative potential of urban electrification

Patricia Romero-Lankao, Alana Wilson, Joshua Sperling, Clark Miller, Daniel Zimny-Schmitt, Benjamin Sovacool, Chris Gearhart, Matteo Muratori, Payne Institute Director Morgan Bazilian, and Daniel Zünd write about how the electrification of transportation and the integration of electric vehicles (EVs) with buildings connected to clean grids has been touted as one of the key solutions to the global decarbonization challenge. Cities are on the frontlines of current and future electrification, as they depend on and drive electricity generation, distribution, and use.  May 6, 2021.

AERE Scholars Program Mentors Announced 5/5/2021

AERE Scholars Program Mentors Announced

Payne Institute Fellow Ian Lange has been named to the Association of Environmental and Resource Economists Scholars program as a mentor.  The AERE Scholars program is an ambitious effort to increase diversity in environmental and natural resource economics, help the newest members of our community succeed, and create an inclusive culture that encourages members to give back to the organization and field.  May 5, 2021.

The U.S. Government Can Accelerate Investment Managers’ Contribution to Global Carbon Emissions Reduction 5/4/2021

The U.S. Government Can Accelerate Investment Managers’ Contribution to Global Carbon Emissions Reduction

Payne Institute Researcher Brad Handler and Director Morgan Bazilian write about how climate change has emerged as arguably the single most important driver for long-term investment performance. Broad swaths of the economy are currently impacted by the physical risks of climate change (e.g. from extreme weather), and transitional risks to lower-carbon sources of energy. May 4, 2021.

Biden’s conundrum: Expand EVs without harming the Earth 4/30/2021

Biden’s conundrum: Expand EVs without harming the Earth

Payne Institute Director Morgan Bazilian contributed to this article about President Biden’s plan to rapidly shift to electric vehicles and renewable energy could find itself in conflict with another, less prominent commitment: improving the sustainability of the mineral and metals sector.  April 30, 2021.

Colorado School of Mines, Payne Institute for Public Policy launch Responsible Gas Initiative

Colorado School of Mines, Payne Institute for Public Policy launch Responsible Gas Initiative

The interdisciplinary effort aims to improve understanding of challenges, opportunities related to the future of natural gas in a low-carbon economy.  To confront this challenge, Colorado School of Mines and the Payne Institute for Public Policy have launched the Mines Responsible Gas Initiative.  April 29, 2021.

Global Gas Flaring Reduction Partnership (GGFR) 4/28/2021

Global Gas Flaring Reduction Partnership (GGFR)

The World Bank with research support from the Payne Institute Earth Observation Group released their world gas flaring overview. GGFR has now published estimates from satellite data, which show that global gas flaring declined by 5% in 2020. Oil production dropped from 82 million barrels per day (b/d) in 2019 to 76 million b/d in 2020, as global gas flaring reduced from 150 billion cubic meters (bcm) in 2019 to 142 bcm.  April 28, 2021.

Mining in Space Is Coming 4/26/2021

Mining in Space is Coming

Payne Institute Fellow Alex Gilbert writes about how space exploration is back after decades of disappointment, a combination of better technology, falling costs and a rush of competitive energy from the private sector that has put space travel front and center. Indeed, many analysts (even some with their feet on the ground) believe that commercial developments in the space industry may be on the cusp of starting the largest resource rush in history: mining on the Moon, Mars and asteroids.  April 26, 2021.