Sentences with phrase «spike in energy prices»

The Chavez approach — to raise taxes on oil companies and use a spike in energy prices to fund literacy and health programmes for the poor — prompted a hostile reaction from the Bush administration.

The good news, Hamilton told Maclean's, is that this most recent spike in energy prices shouldn't result in another outright recession.

According to James Hamilton, a professor of economics at the University of California, San Diego, 10 out of 11 recessions since the Second World War were preceded by a spike in energy prices.

Defenders of the policy argue that this benefits everyone — including the poor — by preventing unpredictable spikes in energy prices.

Not exact matches

The rise in bond yields, which investors fear could hurt equities, has been partly fuelled by the spike in crude oil prices, which on Tuesday crossed $ 75, boosting energy shares.

The other issue is that lots of industries like auto, construction, and energy rely on cheap steel, and these industries would have more trouble making money with the spike in the price of steel that would accompany tariffs.

ENERGY: Oil prices fell back from spikes last week on fears over an escalation of strife in the Middle East.

Win - win for the blockchain: We provide stability by decentralizing mining activities again, letting the community fully participate in mining and making mining - operations immune to local regulations, governmental restrictions, energy price spikes and bringing peace of mind to the global blockchain infrastructure.

Large swings in energy prices were the primary driver for the September spike and October retreat.

We need a # 110bn investment in our energy infrastructure, and a failure to invest now will lead to an increased dependence on imported fossil fuels, which are subject to volatile price spikes and security of supply issues.

Burning food crops for power is the worst use of scarce land imaginable, and has already led to a situation where there is a direct conflict between food and energy: a significant proportion of the food - price spike in 2008 (and a further spike in early 2011), which led to widespread hunger and bread riots in many poorer countries, was driven by crops being withdrawn from international markets to produce biofuels for transport.

Today, the House Energy and Commerce Committee should be holding a hearing on advancing America's, and the world's, energy future by initiating a sustained quest to break the economic shackles imposed by enduring dependence on oil (that doesn't involve using 40 percent of our corn crop to produce ethanol in a world facing food price spEnergy and Commerce Committee should be holding a hearing on advancing America's, and the world's, energy future by initiating a sustained quest to break the economic shackles imposed by enduring dependence on oil (that doesn't involve using 40 percent of our corn crop to produce ethanol in a world facing food price spenergy future by initiating a sustained quest to break the economic shackles imposed by enduring dependence on oil (that doesn't involve using 40 percent of our corn crop to produce ethanol in a world facing food price spikes).

Would things have been different on energy policy, I mused, if the spike in oil and gasoline prices had not come in 2008, but instead coincided with the Gulf of Mexico oil gusher?

It may take another president, or two, before America's energy quest gets into the necessary gear, perhaps driven by a confluence of a new spike in oil prices and rising anger among veterans wounded protecting fuel convoys in Afghanistan and building evidence pointing to a growing, and harmful, human influence on the climate system.

As a result, despite periodic energy price spikes caused by disruptive world events and about $ 50 billion (in real terms) in energy R&D funding since 1978, the United States has made only steady incremental progress in developing and deploying advanced renewable, coal, and nuclear technologies that can compete with conventional energy technologies.

lifestyle «depend on inexpensive and plentiful energy,» the Congressional Research Service noted in a 2005 report, but people tend to forget this until world events cause gasoline prices to spike.

Because there is no fuel cost associated with wind energy, utilities can secure long - term contracts (~ 20 - 25 years) to lock in prices and protect their customers from price spikes due to volatile fossil fuel costs.

In the United States, politicians (primarily from the Republican Party) have been on a crusade to convince the American public that President Obama and the Democratic Party are responsible for the spike in gasoline prices, they are responsible for the lack of jobs because of their pesky oversight agencies like the Environmental Protection Agency, and that they are holding us back from energy independence and job growth by not approving dangerous projects like the Keystone XL PipelinIn the United States, politicians (primarily from the Republican Party) have been on a crusade to convince the American public that President Obama and the Democratic Party are responsible for the spike in gasoline prices, they are responsible for the lack of jobs because of their pesky oversight agencies like the Environmental Protection Agency, and that they are holding us back from energy independence and job growth by not approving dangerous projects like the Keystone XL Pipelinin gasoline prices, they are responsible for the lack of jobs because of their pesky oversight agencies like the Environmental Protection Agency, and that they are holding us back from energy independence and job growth by not approving dangerous projects like the Keystone XL Pipeline.

Heartland Institute's James Taylor claims that because electricity prices in Ohio have risen slightly faster than the national average since 2008, the state's clean energy standard is the culprit causing a spike in electricity prices.

Ironically, had these regulations been in place for the last two years, Massachusetts might have seen increased investment in energy efficiency and renewable energy generation that would have mitigated the price spikes we've seen these past two winters by reducing our dependence on natural gas.

Natural gas prices soared — and so did prices bid into ISO - NE's energy market, resulting in spiking electricity prices and considerable public consternation and opposition.

Because there is no fuel cost associated with wind energy, utilities can secure long - term contracts (approximately 20 - 25 years) and lock in prices that protect their customers from price spikes due to volatility in fossil fuel costs.

However, ministers estimate the scheme will also save households # 12 in wholesale energy costs by avoiding price spikes that could have been seen if power supplies ran low.

The U.S. CFTC will outline today limits on positions energy traders can hold, the belated response to worries speculators were behind big price spikes in 2008, in the WSJ.

That would protect us from price spikes in dirty energy.

Current energy forecasts appear to understate the degree to which the distribution of economic growth affects demand... Underestimates of demand may lead to underinvestments in energy production, implying shortages and price spikes.

Mr. Chu, who was expected to get a friendly and brief review by the committee on Energy and Natural Resources, said in prepared testimony that «last year's rapid spike in oil and gasoline prices not only contributed to the recession we are now experiencing, it also put a huge strain on the budgets of families all across America.»