The state rebates and federal tax credits from the Inflation Reduction Act are helping, but the main reason heat pumps are being adopted so quickly, this story suggests, is that once one household installs a heat pump as proof of concept—often despite strong initial skepticism—everyone else wants one. From the Times: “Ten years ago, they […]
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Jamie Dimon is in the strata of rich guys whose opinions on just about anything are periodically deemed newsworthy. On any given week, a Google News search for the JPMorgan CEO will surface results regarding his thoughts on everything from artificial intelligence to the stock market and—this week—fossil fuels. In his annual letter to shareholders, […]
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Jamie Dimon is in the strata of rich guys whose opinions on just about anything are periodically deemed newsworthy. On any given week, a Google News search for the JP Morgan CEO will surface results regarding his thoughts on everything from artificial intelligence to the stock market and—this week—fossil fuels. In his annual letter to […]
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Operating an oil field is complex and there is a staggeringly long list of things that can go wrong. One of the most common problems is spills of the salty brine that’s a toxic byproduct of pumping oil. Another is over- or under-pumping that can lead to machine failure and methane leaks. (The oil and […]
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In early 2022, economist Catherine Wolfram was at her desk in the U.S. Treasury building. She could see the east wing of the White House, just steps away. Russia had just invaded Ukraine, and Wolfram was thinking about Russia, oil, and sanctions. She and her colleagues had been tasked with figuring out how to restrict […]
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The clean energy transition is already underway, but how do we make sure it happens in a manner that is affordable, sustainable, and fair for everyone? That was the overarching question at this year’s MIT Energy Conference, which took place March 11 and 12 in Boston and was titled “Short and Long: A Balanced Approach […]
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