The theory of the tragedy of the commons holds that those driven solely by self-interest will act to the detriment of the common good. One simple illustration is the depletion of fisheries by unregulated overfishing. Our industrial history also demonstrates the principle. Capitalism’s quest for maximized profit made industry race to the bottom, seeking places that allowed production at its lowest immediate cost.
This fall, rangers protecting rhinos, tigers and other endangered wildlife in Nepal's famous Chitwan National Park will get a solar energy system that will light and power an isolated ranger outpost deep in the jungle.
The myth of solar PV competition is both subtle and blatant. “Competition is good for the PV industry” rings hollow based on today’s market. If that is true, then what are the reasons and can something be done about it. There just may be a difference between good healthy competition and organizational consuming unhealthy competition.
The governments of Germany, Denmark and Belgium backed a pledge to install 60 GW of new offshore wind power next decade, more than fivefold existing capacity. Energy ministers from the three countries joined chief executives from 25 companies including Dong Energy A/S, the world’s biggest offshore wind developer, to issue a statement pledging to work together to increase investment and reduce costs.
The commodities price watch during Trump’s term continues. Here are the price averages for some key commodity benchmarks since he became president.
(Wed, 07 Jun 2017) The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year despite production declines for both petroleum and natural gas relative to their 2015 levels.
Cooper Energy has announced that Callawonga-16, a development well being drilled by the PEL 92 Joint Venture in PPL 220 in the Cooper Basin, spudded at 22.15 on June 6 2017.
Statoil ASA (Statoil) has received consent to drill an exploration well in block 6507/8 in the Norwegian Sea.
TechnipFMC has entered into a three-year frame agreement with Woodside Energy in Australia for Riserless Light Well Intervention (RLWI) and subsea services, including intervention, installation, and plug and abandonment services.
RusHydro intends to sell its 560-MW Sevan-Hrazdan Cascade located on the Hrazdan River in Armenia, according to Nikolay Shulginov, RusHydro chief executive officer.
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.