Oil prices near the highest level in over three years are driving the world's
biggest energy exporter deeper into debt.
Its target is to produce the equivalent of 100 per cent of Scottish demand with renewables, but the country will remain
a big energy exporter.
Not exact matches
By the mid 2020s, the IEA expects the U.S. to become the world's
biggest exporter of liquefied natural gas, demand for which is set to rise strongly as China, India, and Southeast Asia all turn away from coal to cleaner
energy sources.
Mining and
energy companies have been in the ATO's crosshairs in recent years, with the likes of BHP and Rio Tinto, wind turbine manufacturer Suzlon and even Australia's
biggest exporters of lithium concentrate being the subject of tax probes.
The paper reviews the record of
energy - subsidy reforms and argues that
big exporters should reduce
energy demand by raising prices, and that this can be done without undermining legitimacy of governments that depend on subsidies for political support.
In the wake of Australia's move to add a price to carbon dioxide emissions — which is particularly notable considering the country is one of the world's
big exporters of coal (and related CO2 emissions)-- I sent a query to some Australian analysts of climate and
energy policy to see if this holds lessons for the United States.
Moscow has for years used its giant
energy reserves as a strategic tool to influence former satellite countries... The shale boom has reshaped the world
energy market over the past decade, with the U.S. emerging as a new
energy exporter, and the beginning of gas exports represents a
big moment in this new world.»
The significance is that when EIA's «reference case» — its baseline projection based on current technologies, statutes and policies — projects the U.S. as a net
energy exporter, that's a
big deal for American
energy self - sufficiency and security.
Many observers see the liquid natural gas sector as the next
big opportunity for Asian firms, given British Columbia's relative proximity to
energy - hungry Asia, and the fact low North American prices for natural gas boost the profit margins for terminals and
exporters.