Apr 14, 2017

Coal CEO eyes record exports

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The decade that blew up energy predictions

Illustration: Andrew Witherspoon / Axios

America’s energy sources, like booming oil and crumbling coal, have defied projections and historical precedents over the last decade.

Why it matters: It shows how change can happen rapidly and unexpectedly, even in an industry known to move gradually and predictably. With a new decade upon us, let’s look back at the last one’s biggest, most surprising energy changes.

Go deeperArrowDec 23, 2019

U.S. greenhouse gas emissions fell by estimated 2.1% in 2019

Power lines in California in 2019. Photo: Jane Tyska/MediaNews Group/The Mercury News via Getty Images

U.S. greenhouse gas emissions fell by 2.1% in 2019 due to a decrease in national coal consumption, according to estimates from the Rhodium Group released Tuesday.

Why it matters: Power generated from coal plants fell by a record 18%, and overall emissions from the power section declined by almost 10% — despite an increase in emissions from natural gas.

Go deeperArrowJan 7, 2020

BlackRock vows focus on climate change

Illustration: Sarah Grillo/Axios

BlackRock, the world's largest asset manager, vowed on Tuesday to make climate change a pillar of its corporate strategy and mission.

Why it matters: BlackRock has $7 trillion in assets under management, and faces growing activist pressure to use its leverage to hasten the global transition to low-carbon energy.

Go deeperArrowJan 14, 2020