UNITED STATES FOSSIL FUELS AND PROVIDING ENERGY TO OTHER COUNTRIES IN BALANCE WITH CLIMATE CHANGE
Energy Security and Geopolitics
Payne Institute Director Morgan Bazilian is on this PBS show during CERA Week discussing the trade off between the dependency of the United States on fossil fuels and providing energy to other countries in balance with climate change. Also, the balance between energy security, energy independence, and the environment. July 3, 2024.
Why New Tech is Key for EPA Methane Rule Compliance 7/2/2024
Why New Tech is Key for EPA Methane Rule Compliance
Payne Institute Fellow Arvind Ravikumar is featured on this podcast discussing how the EPA’s methane rules for the oil and gas industry will depend on new technologies to monitor and verify climate impacts. For the new rules to be effective, emissions will need to be measured across vast and geographically dispersed oil and gas infrastructure. July 2, 2024.
A new report says worldwide oil demand will peak in 2029. Some oil industry observers are skeptical. 6/13/2024
A new report says worldwide oil demand will peak in 2029. Some oil industry observers are skeptical.
Payne Institute Director Morgan Bazilian is featured on this podcast discussing recent IEA and OPEC analysis on global oil markets and trends. A new report from the International Energy Agency indicates that global oil demand will peak before the end of the decade. However, OPEC, by contrast, predicts the peak won’t come until 2045. So which one’s estimate is more likely to be right? June 13, 2024.
Is Green Growth Possible? 4/30/2024
Is Green Growth Possible?
Environmental data scientist Hannah Ritchie is featured on the Ezra Klein Show, a New York Times podcast, discussing how climate technology is increasingly catching up to the world’s enormous need for clean energy and with a few changes, a more sustainable future. The Payne Institute is mentioned as a key research organization looking at the amount of resources available to support a clean energy transition using solid data science. April 29, 2024.
How Quantum Computing Changed Our Understanding of Science 4/19/2024
How Quantum Computing Changed Our Understanding of Science
Payne Institute Faculty Fellow Lincoln Carr is featured on this podcast discussing how while we await practical business advantage with quantum computing, has quantum information science already furthered our understanding of science? What’s the difference between a simulator and an emulator, and how does a physical quantum computer fit in? He explores these topics, along with everything from Tensor Networks, to thermodynamics, to complexity, with an eye to how the hardware timeline will make practical power a reality. April 19, 2024.
The price of copper has been rising. That’s good news for the economy. 4/9/2024
The price of copper has been rising. That’s good news for the economy.
Payne Institute Faculty Fellow Ian Lange is featured on this podcast about the rising cost of copper. We say pretty regularly that if you want to figure out which way the global economy is headed, you should take a look at the price of copper. Because copper is used in so many things — power lines, appliances, vehicles, wind turbines, EV batteries. You get the picture. There is so much demand for the metal right now, the price of copper futures is at its highest since the middle of 2022. April 9, 2024.
Hydropower production took a hit in 2023 3/28/2024
Hydropower production took a hit in 2023
Payne Institute Faculty Fellow Adrienne Marshall is on this podcast discussing how U.S. hydropower production was down 11% from the year before and dipped to a 22-year low last year, according to the federal Energy Information Administration. To make up for the hydro deficit, the U.S. bought natural gas power, which emits more carbon than hydro does, as well as some solar energy. March 28, 2024.
All Things Energy Worldwide – Update from CERA Week 3/22/2024
All Things Energy Worldwide – Update from CERA Week
Payne Institute Director Morgan Bazilian and Fellow David Victor are featured on this BBC Sounds podcast discussing climate, national security, and policy from CERA Week in Houston, TX. They highlight difficulties in policy making and the practical hurdles of executing the energy transition. Their segment starts at 37:20. March 22, 2024.
LNG exports, pauses, climate impacts: Are we having the wrong debate? 2/26/2024
LNG exports, pauses, climate impacts: Are we having the wrong debate?
Payne Institute Fellow Arvind Ravikumar shares his perspective on the way we should be thinking about the future of US LNG exports. The US Department of Energy in late January hit “pause” on its work issuing key LNG export permits. About 30 million mt/year of probable export capacity additions in the US and Mexico are at risk because of the permitting hold. February 26, 2024.
Why lithium prices have been on a roller coaster ride 2/6/2024
Why lithium prices have been on a roller coaster ride
Payne Institute Faculty Fellow Ian Lange is interviewed on Marketplace talking about how the prices of the metal have fallen about 80% in the past year, and two U.S. lithium companies have cut jobs and pulled back their capital spending recently. The latest is a company called Piedmont Lithium, which announced cuts Tuesday. February 6, 2024.
How Can Capturing Carbon and Monitoring Methane Play a Role in the Energy Transition? 2/2/2024
How Can Capturing Carbon and Monitoring Methane Play a Role in the Energy Transition?
Payne Institute Faculty Fellow Jim Crompton, Paulina Lanz, and Justine Huang are on this podcast discussing how in 2022, global greenhouse gas (GHG) emissions reached a high of 53 billion metric tons of CO2 equivalent. To bring that down to net zero, we can either stop emitting GHGs into the atmosphere, or we can pull out CO2 that has already been emitted. Also in this episode, Will Daniels, a Payne Institute student researcher is interviewed, talking about methods for detecting methane emissions from oil and gas production and the role that data might play in reducing these emissions. February 2, 2024.
Colorado is a regional quantum hub, but what does that mean? 1/31/2024
Colorado is a regional quantum hub, but what does that mean?
Payne Institute Faculty Fellow Lincoln Carr interviews with CPR News about how the U.S. government recently designated Colorado a regional tech hub for the quantum industry. That puts the state in line to receive a federal grant as part of the CHIPS and Science Act, which aims to boost investment in emerging technologies. January 31, 2024.
What is the Cost of Going Green? (Part B) 1/23/24
WHAT IS THE COST OF GOING GREEN? Perspectives from Ghana (PART B)
Payne Institute Faculty Fellow Jim Crompton, Paulina Lanz, and Justine Huang are on this podcast (part B) discussing what the real costs of going green are, and who is going to pay the bill? In Part B of the episode, Jim chats with a panel of Payne Institute student researchers from Ghana at the Colorado School of Mines – Eben Manful-Sam, John Ayaburi, Rueben Anafo and Felix Ayaburi– who help us better understand the challenges of sustainable development from a sub-Saharan Africa perspective. January 23, 2024.
What is the Cost of Going Green? (Part A) 1/19/2024
What is the Cost of Going Green? (Part A)
Payne Institute Faculty Fellow Jim Crompton, Sustainable Finance Lab Program Manager Brad Handler, Paulina Lanz, and Justine Huang are on this podcast discussing what are the real costs of going green, and who is going to pay the bill? Brad Handler breaks down why we are still investing so much in fossil fuels, the investments that might be needed to support the growth of renewable energy, and how we might redirect investments towards developing countries that will play a large role in the energy transition. We also dive into why oil companies have been so profitable, whether divesting from fossil fuels is a good idea, and the role that Wall Street and the fossil fuel industry might play in the energy transition. January 19, 2024.
Fighting Climate Change with Carbon Offsets and Fossil Fuel Retirement Credits 11/10/2023
Fighting Climate Change with Carbon Offsets and Fossil Fuel Retirement Credits
Payne Institute Sustainable Finance Lab Program Manager Brad Handler is one of two guests today on the S&P Global Energy Evolution podcast. They are talking about carbon offset markets and oil and gas retirement credits. What function do these tools serve in the broader decarbonization push, and how exactly are we calculating them anyway? November 10, 2023.
China limits exports of graphite, a key mineral for EV batteries 10/20/2023
China limits exports of graphite, a key mineral for EV batteries
Payne Institute Director Morgan Bazilian is featured on this podcast about how China said Friday that it would start requiring stricter permits on exports of graphite, a key mineral component of pencils, but perhaps more importantly, a key mineral component of electric vehicle batteries. It’s the latest development in a China-U.S. trade war that’s making the transition to a green economy more expensive. October 20, 2023.
Energy Security, Critical Minerals, and Energy Policy 10/11/2023
Energy Security, Critical Minerals, and Energy Policy
Payne Institute Director Morgan Bazilian is on this podcast discussing domestic and international energy security, critical minerals, and energy policy. A lot of the narrative on critical minerals revolves around the supply chain demand that comes from the 17 rare earth minerals needed for computer chips, batteries, solar energy, and other needs. October 11, 2023.
What Does Energy Transition Mean To You? 9/18/2023
What Does Energy Transition Mean To You?
Payne Institute Faculty Fellow Jim Crompton is a co-host on this podcast hosting Dr. Ershaghi, Director of the Ershaghi Center for Energy Transition (E-CET), on the history of the energy transitions; where we stand in the race to net zero; the role that governments, private sector, and individuals play in the energy transition; and the importance of combating misinformation. Also featured, Mathew Davis, a Master’s student in petroleum engineering at USC, on how he defines energy transition and the role that petroleum engineering plays in the energy transition. September 18, 2023.
The Global Energy Landscape 7/5/2023
The Global Energy Landscape
Payne Institute Director Morgan Bazilian is on this podcast discussing the intersection of policy and climate technology, how to drive energy access in the global south, Dr. Bazilian’s work at the UN and World Bank, how to facilitate the energy transition in the U.S., the importance of community engagement, and many other topics. July 5, 2023.
Why China dominates the world’s EV supply chain 6/20/2023
Why China dominates the world’s EV supply chain
Payne Institute Director Morgan Bazilian is featured on this podcast discussing that after a rare visit by U.S. Secretary of State Antony Blinken to Beijing this week, a group of lawmakers are meeting with American car companies to urge them to lessen their reliance on Chinese electric vehicle parts — especially batteries. To build its refining capacity, the U.S. will have to cite, permit and develop infrastructure, which is hard to accomplish. June 20, 2023.
Why we must act now on critical minerals for a greener future 5/26/2023
Why we must act now on critical minerals for a greener future
Payne Institute Director Morgan Bazilian and Simon Moores write about how critical minerals are vital for modern technology and the advent of electric vehicles have driven them to the top of the geopolitical agenda. However, there is a big gap between supply and demand, as well as a disconnect between miners and users of these key raw materials. Stakeholders must act now to enable the energy storage revolution, with decisions made now impacting the geopolitical order of the next century. May 26, 2023.
Saudi to play significant part in mineral supply 5/24/2023
Saudi to play significant part in mineral supply
Payne Institute Director Morgan Bazilian discussed how Saudi Arabia’s entry to the mineral supply equation is “significant.” The intent for Saudi Arabia to be a key player in the mineral supply chain for the critical minerals space was there in Saudi Arabia, as well as the building blocks to have a downstream presence through processing industries. This was, however, not without its challenges. May 24, 2023.
EV manufacturers look ahead amid high lithium demand 5/24/2023
What You Should Do Is What You Can Do 5/23/2023
What You Should Do Is What You Can Do
Payne Institute Research Associate Baba Freeman is on this podcast discussing how as the world shifts toward green technology, how can African countries with abundant rare mineral reserves navigate and benefit from this change? What role do global financial systems play in responsibly investing in these minerals? With an in-depth analysis of the implications for developing countries in Africa and across the globe. May 23, 2023.
Critical Minerals and China, With Morgan Bazilian 4/25/2023
Critical Minerals and China, With Morgan Bazilian
Payne Institute Director Morgan Bazilian is on this podcast discussing why critical minerals have emerged as a major issue in the U.S.-China geopolitical competition. Topics include critical minerals, foreign policy, national security, and China. April 25, 2023.
The Global Competition for Critical Minerals with Morgan Bazilian 3/16/2023
The Global Competition for Critical Minerals with Morgan Bazilian
Payne Institute Director Morgan Bazilian is featured on the Energy Security Cubed podcast discussing the shift to clean energy, and how America must rethink supply chains amid the growing global competition over critical minerals. March 16, 2023.
Company moves to Colorado with asteroid mining in its sights 2/8/2023
Company moves to Colorado with asteroid mining in its sights
Payne Institute Faculty Fellow Angel Abbud-Madrid is featured on this podcast to talk about the new era of space exploration. February 8, 2023
Are we about to see a mining boom for EV minerals in the West? 1/26/2023
Are we about to see a mining boom for EV minerals in the West?
Payne Institute Faculty Fellow Ian Lange contributes to this podcast discussing critical minerals and mining in the West. Lange directs the mineral and energy economics program at the Colorado School of Mines and is an expert in mining economics. He discusses what’s going on in the world of critical minerals—specifically those used in electric vehicle batteries. These include cobalt, copper, lithium, and nickel and are mostly mined overseas, but we do have some of them here in the U.S. And we could see a big increase in domestic mining for them thanks to the Inflation Reduction Act, which included subsidies aimed at stimulating mining at home. January 26, 2023.
Financing Utility Scale RE in Developing Countries 1/25/2023
Financing Utility Scale RE in Developing Countries
Payne Institute Sustainable Finance Lab Program Manager Brad Handler on a podcast discussing how multilateral development banks (MDBs) like the World Bank are increasingly under pressure to find ways that more capital can move into emerging market renewable energy projects. Brad walks the listeners through some recent Energy Transition Mechanisms (or ETMs) and Just Energy Transition (or JET) refinancing projects that aim to close coal plants in the developing world long before the end of their expected lifespans, and replace their generation with renewable power. January 25, 2023.
Drought threatens hydropower produced by Colorado River 1/25/2023
Drought threatens hydropower produced by Colorado River
Payne Institute Faculty Fellow Adrienne Marshall is featured on this podcast discussing how the seven U.S. states along the Colorado River — Wyoming, Colorado, Utah, New Mexico, Arizona, Nevada and California — are up against yet another deadline to curb their water use amid extreme drought. They have until Tuesday to agree on massive voluntary cuts or the Bureau of Reclamation, a Department of the Interior agency, has said it will impose cuts on them. The basin states have called the federal government’s bluff before, but whatever happens next week, millions of westerners and their livelihoods will be affected. January 25, 2023.
New rule for electric car tax incentive delayed 12/20/2022
New rule for electric car tax incentive delayed
Payne Institute Director Morgan Bazilian contributes to this podcast about how the Joe Biden administration wants half of all new vehicles sold by 2030 to be zero-emission. It’s pouring billions into the industry to incentivize car companies to make electric vehicles and get customers to buy them. However, this week, the administration delayed announcing the details of a new rule requiring that a certain percentage of battery components be sourced in the U.S. or countries that have free-trade agreements with the U.S. December 20, 2022.
Fusion energy breakthrough could be an ‘inflection point’ for clean fuel technology 12/12/2022
Fusion Energy Breakthrough Could be an Inflection Point for Clean Fuel Technology
Payne Institute Fellow Alex Gilbert is featured on this news show about a fusion energy breakthrough that could be an inflection point for clean fuel technology. The Department of Energy is expected to announce a major development regarding fusion energy on Tuesday December 13th, and Alex Gilbert, discusses the significance of this potential discovery. He further explains how scientists have produced net energy gain using fusion and how nuclear fusion power could be the key to clean energy. December 12, 2022.
By 2025, coal will no longer be the main way to generate the world’s electricity 12/8/2022
By 2025, coal will no longer be the main way to generate the world’s electricity
Payne Institute Faculty Fellow Ian Lange contributes to this podcast on how the International Energy Agency released a report this week saying renewables would overtake coal and become the world’s biggest source of electricity generation by 2025. The U.S. Inflation Reduction Act includes billions in subsidies and tax credits to encourage development of technologies like advanced nuclear power and hydrogen generation in the U.S. December 8, 2022.
As EV sales accelerate, battery makers face a new shortage of a crucial mineral: graphite 11/3/2022
As EV sales accelerate, battery makers face a new shortage of a crucial mineral: graphite
Payne Institute Morgan Bazilian contributes to this podcast about how Ford Motor Co. reports that it sold twice as many electric vehicles in the month that just ended as it did in October of last year. But as demand for electrics is surging, manufacturers are facing yet another shortage of yet another crucial material — not lithium this time, but graphite. November 3, 2022.
The Latest in Nuclear Energy Innovation and Deployment, with Alex Gilbert 9/27/2022
The Latest in Nuclear Energy Innovation and Deployment, with Alex Gilbert
Payne Institute Fellow Alex Gilbert is featured on this podcast about the latest developments in nuclear energy innovation, policy, and deployment. In the podcast, he discusses the types of nuclear technologies in the development pipeline, how they differ from older technologies, which technologies are being piloted, and how recent policies—especially the Inflation Reduction Act—are incentivizing the deployment of these technologies. September 27, 2022.
Lithium mining’s water use sparks bitter conflicts and novel chemistry 9/13/2022
Lithium mining’s water use sparks bitter conflicts and novel chemistry
Payne Institute Faculty Fellow Jessica Smith is featured on this podcast exploring the impact of the world’s hunger for lithium-ion batteries, an important tool in the fight against climate change. Mining of lithium used to manufacture batteries in electric cars comes with a cost to the local environment and access to water. September 13, 2022.
How Ukrainians Purchased Military Equipment 9/9/2022
How Ukrainians Purchased Military Equipment
Payne Institute Faculty Fellow Kathleen Hancock is featured on this podcast about how Ukraine and the IAEA say they’ve learned of a serious development at the Zaporizhzhia nuclear power plant. The challenges facing the European Union as ministers meet to discuss what to do about soaring energy prices, as Russia threats to cut off natural gas supplies to Europe. September 9, 2022.
High energy prices could threaten European utilities’ ability to keep doing business 9/6/2022
High energy prices could threaten European utilities’ ability to keep doing business
Payne Institute Director Morgan Bazilian contributes to this podcast about how over the past few days, Europe’s energy crisis has started to look like it might turn into a financial crisis as well. The turbulence in the natural gas market is threatening the ability of some European utilities to buy the gas they need. September 6, 2022.
Should air conditioning be a human right? 8/10/2022
Should air conditioning be a human right?
Payne Institute Director Morgan Bazilian is featured on this radio show about how sweltering temperatures continue to sweep nearly every continent this summer, with millions of people experiencing temperatures above 100 degrees Fahrenheit. Billions of people need air conditioning to combat the deadly heat, which raises the question: Should access to it be a human right? August 10, 2022.
Why isn’t Big Oil up in arms about the climate-friendly Inflation Reduction Act? 8/8/2022
Why isn’t Big Oil up in arms about the climate-friendly Inflation Reduction Act?
Payne Institute Director Morgan Bazilian contributed to this podcast about how there’s a lot of stuff baked into the 755-page Inflation Reduction Act, which was approved in the Senate and is expected to pass in the House. Top of mind for many is the nearly $370 billion set aside for energy transition and climate change mitigation. In fact, some are calling the Democrats’ measure the biggest piece of climate legislation in U.S. history. On the surface, that sounds like it could be bad news for traditional fossil fuel companies, specifically Big Oil and Gas. But believe it or not, some of them sound fairly encouraged by the bill. August 8, 2022.
A federal gas tax holiday might be popular. But it might not be useful 6/23/2022
A federal gas tax holiday might be popular. But it might not be useful.
Payne Institute Director Morgan Bazilian is featured on this podcast about how hoping to curb the pain consumers are feeling at the pump right now, President Biden has called for a suspension of the federal gasoline tax. Biden asked Congress on Wednesday for a three-month suspension of the tax, a lot of which helps pay for roads and bridges, to provide some relief. June 23, 2022.
Coal prices are way up and long-term commitments from customers are hard to find 6/2/2022
Coal prices are way up and long-term commitments from customers are hard to find
Payne Institute Faculty Fellow Ian Lange is featured on this podcast about how Saudi Arabia is ready to start pumping more oil onto the market, which could bring oil prices down a bit. But oil and gas aren’t the only fossil fuels in tight supply. A lot of miners are having to tell customers that even if they wanted to sell them coal at these high prices, they just don’t have any ready and they have to fulfill their prior commitments. June 2, 2022.
Now Hiring: Industry Jobs for the New Space Age 5/31/2022
Now Hiring: Industry Jobs for the New Space Age
Payne Institute Faculty Fellow Angel Abbud-Madrid contributes to this podcast about how as the modern space race has taken off, thanks in large part to the growing role played by private companies. As businesses send up more missions, build their own space stations and even think about mining the moon, they will need to find and train new types of workers. On the first episode of The Wall Street Journal’s special series of Tech News Briefing about the developing space economy, host Zoe Thomas looks at space jobs that go beyond astronauts. May 31, 2022.
U.S. coal isn’t counting on Europe for a comeback 5/17/2022
U.S. coal isn’t counting on Europe for a comeback
Payne Institute Fellow Ian Lange contributes to the podcast about how the price of coal has surged since Russia’s invasion of Ukraine and the sanctions the European Union has placed on Russian coal in response. Those sanctions announced last month are set to take full effect in August, creating — one would think — an opportunity for coal producers here in the United States. But they’re having trouble cashing in. May 17, 2022.
Can oil companies use their extra money to ease pain at the pump? It’s complicated. 4/12/2022
Can oil companies use their extra money to ease pain at the pump? It’s complicated.
Payne Institute Director Morgan Bazilian is featured on this podcast about how the cost of gasoline continues to rise across the globe and in the United States due to the Russian invasion of Ukraine and continued inflation associated with the global pandemic. However, lowering the price at the pump isn’t just about big oil making a small amount less. April 12, 2022.
CAN WE GET CLEAN ENERGY WITHOUT DIRTY MINES? 4/8/2022
CAN WE GET CLEAN ENERGY WITHOUT DIRTY MINES?
Payne Institute Director Morgan Bazilian contributes to this podcast about how in 2021, global sales of electric vehicles more than doubled. This year, automakers are projected to make another huge gain, driven by soaring gas prices and new models with increased range. Getting away from gas-powered vehicles is essential to transition to a clean energy economy. But it’s not all good news on the clean energy front. Russia’s invasion of Ukraine has disrupted global supply chains, and roiled markets for nickel and other commodities used for renewables and batteries. April 8, 2022.
For Europe, quitting Russian coal will be easier than quitting Russian natural gas 4/05/2022
For Europe, quitting Russian coal will be easier than quitting Russian natural gas
Payne Institute Faculty Fellow Ian Lange contributes to this podcast discussing the future of fossil fuels and the ease of how Russia supplies coal to much of Europe compared to natural gas. The EU depends on Russia for around 40% of its oil and natural gas needs. That figure is more like 20% for coal. April 5, 2022.
Biden poised to invoke Cold War-era law to encourage domestic mining 3/31/2022
Biden poised to invoke Cold War-era law to encourage domestic mining
Payne Institute Director Morgan Bazilian contributes to this podcast about Russia’s presence worldwide in uranium enrichment and how developing countries have traditionally turned to Russia to help develop nuclear power plants. Up until 2 months ago this was a viable option, now there are other challenges (sound clip starts at 13:00 minutes into the podcast). March 31, 2022.
Russia’s role in world’s nuclear energy industry prompts calls to up U.S. uranium production 3/30/2022
Russia’s role in world’s nuclear energy industry prompts calls to up U.S. uranium production
Payne Institute Director Morgan Bazilian contributes to this podcast about the global uranium market, nuclear power, and how Russia’s invasion of Ukraine has complicated their nuclear presence worldwide. March 30, 2022.
The EU has sworn off Russian steel. That could be bad news for the environment. 3/21/2022
The EU has sworn off Russian steel. That could be bad news for the environment.
Payne Institute Director Morgan Bazilian is featured on this podcast about how Russia is one of the biggest steel exporters in the world. This week, the European Union landed another blow on the Russian economy by banning imports of Russian steel, and the reverberations will be felt across a host of industries. March 21, 2022.
The Payne Institute experts are regional, national, and international leaders in applied research in natural resources, energy, and the environment. Our team is involved in a wide variety of research projects in these fields, and are committed to sharing these results with academic and professional audiences.
DISCLAIMER: The opinions, beliefs, and viewpoints expressed are those of the author alone and do not reflect the opinions, beliefs, viewpoints, or official policies of the Payne Institute or Colorado School of Mines.