Archive for energy SmartBlogs
A roundup of financial news from Day One of the Milken Institute Global Conference in Beverly Hills, Calif.
Central banks still run the show: The past, present and future actions of the world’s central banks drew scrutiny during a panel about prospects for the global economy. Alan Howard, co-founder of Brevan Howard, said the increased regulatory powers of the European Central Bank will be a game-changer as will the size and targeting of the quantitative easing he expects the ECB to manage.[…] Continue Reading »
The leadership of the Senate Energy and Natural Resources Committee might differ on what America’s energy future should look like, but they agree that innovation led by the Department of Energy’s ARPA-E program will play an important part.
Chairman Ron Wyden, D-Ore., and ranking member Lisa Murkowski, R-Alaska, praised the program for fostering ingenuity and the next big thing in energy.[…] Continue Reading »
In what may have been his final appearance in office, Energy Secretary Steven Chu said that knowing now how it would be, he would have still gladly taken the office in 2009. Chu told the audience at the ARPA-E Energy Innovation Summit in Maryland that he learned that it was most important to focus on hiring the right people to accomplish the Obama administration’s clean and sustainable energy initiatives, rather than just the initiatives themselves.[…] Continue Reading »
American innovation brought about the natural gas production boom the U.S. is now experiencing, and Americans would be fools not to capitalize on it, energy tycoon T. Boone Pickens said at the ARPA-E Energy Innovation Summit in Maryland.
The U.S. has the advantages of the Marcellus Shale Formation — which mostly sits under New York, Pennsylvania, West Virginia and Ohio and is the world’s biggest natural gas field — and the technology to successfully extract gas from it, Pickens said.[…] Continue Reading »