A state supreme court ruled last fall that damage resulting from climate change allegedly caused by power plant emissions was “reasonably foreseeable,” and therefore litigation expenses were not covered under a general liability insurance policy. The ruling creates an unworkable standard and raises questions about insurance coverage for climate-change liabilities.
Asset options in a fast-moving market.
Mergers and acquisitions can help companies balance their asset portfolios and improve their financial strength. But economic and regulatory forces are driving more buyers into the market, and the demand for attractive targets might soon outstrip the supply.
Demand Curve Points to Rising Prices
Even with recent large natural gas discoveries and strong inventories, the supply of natural gas isn’t elastic enough to handle significant demand increases. Rising gas prices will push coal back into the money despite coal plants’ high costs to comply with EPA regulations.
A new survey of energy industry experts reveals a surprising consensus on the size of the energy efficiency resource. Overall, energy efficiency is expected to lower electricity consumption by 5 to 15 percent, and natural gas consumption by 5 to 10 percent. These results debunk the notion that conservation is a fad. On the contrary, they herald a new beginning for energy efficiency.
As more natural gas is used for power generation, more volatility can be expected in gas markets. Demand response might provide a tool for managing that volatility, but is it technically feasible? And will gas customers accept it?
Distributed Renewables: A National Imperative
For decades, America’s national security has been closely linked with our energy policies. Sustainable energy resources -- especially local, renewable options -- represent a lynchpin in the country’s future security. As such, it’s time to re-think the way we’re financing renewable investments.