Elizabeth Douglass writes about energy for InsideClimate News. She worked for more than two decades as a business writer at daily newspapers, including a ten-year stint at the Los Angeles Times, where she spent the last half of her tenure covering energy. Her stories followed developments in the oil market, alternative fuels, and renewable energy, and exposed long-running performance problems at California's San Onofre nuclear power plant. She also chronicled how a power company falsified data to win customer-funded performance bonuses and how oil refiners and others in California created one of the nation’s most profitable fuel markets.
While covering telecommunications, she was the first to report financial sleight-of-hand at fiber network company Global Crossing, and uncovered Pacific Bell's boiler room-style sale of add-on features. At the San Diego Union-Tribune, she co-wrote an investigative series on government contractor Science Applications International Corp. that was a finalist for the 1996 Gerald Loeb Award for Distinguished Business and Financial Journalism.
She holds bachelor's and master's degrees from Northwestern University's Medill School of Journalism.
You can reach her by email at email@example.com
A dramatic reversal of fortune for Canada's tar sands oil industry has cheered environmental advocates, and it may also leave Prime Minister Stephen Harper vulnerable in the coming federal election because of the economic repercussions, some have predicted.
A federal judge rejected arguments by local Arkansas authorities that a $5 million settlement related to ExxonMobil’s 2013 pipeline rupture was too weak to protect residents and drinking water sources from another disastrous spill.
So much for the idea that American gasoline use topped out in the last decade.
Lower oil prices and the improving economy have sparked an increase in fuel use, road travel and vehicle emissions. It puts an emphatic end to the notion that better fuel economy and fewer active drivers would shrink demand for gasoline in the U.S. from what was thought to be its peak in 2007.
Canadian oil sands producers, facing a double whammy of low oil prices and higher taxes in Alberta, are slashing spending, suspending production, cutting jobs and halting shareholder dividends. They are fighting the same market forces that are putting pressure on the entire oil industry, but face even more hurdles than the oil majors.
With the oil industry facing what could be its worst downturn in more than 45 years, the major companies are taking extraordinary, perhaps even desperate, measures to preserve their dividends. This is raising the question of whether the current price slump is just another in a long history of down business cycles, from which oil companies always emerge victoriously, or a sign of more deeply troubled times ahead.
In a move to accelerate the spread of solar power in the United States, the nation's largest residential solar installer launched a new offering Tuesday aimed at the underserved small- and medium-sized business market.
SolarCity has grown quickly with a boost from new financing options for residential installations that have removed or significantly lowered the up-front costs. Now the company hopes to do the same thing for smaller commercial customers.
ExxonMobil's $5 million settlement for polluting water during the Pegasus oil pipeline spill may be final as soon as this week. But many Arkansas water agencies and cities are blasting the penalty and other requirements in the pact as being too weak and too reliant on struggling federal pipeline regulators to keep the 1940s-era pipeline from failing again.
Faith in the Green Climate Fund, the finance arm long believed to hold a key to achieving a global climate change accord in Paris in December, is beginning to wane.
The Green Climate Fund is supposed to be the primary distributor of tens of billions of dollars in climate aid to help the world's poorest countries deal with climate change caused primarily by the actions of others. It was designed to help heal the deep divisions between rich and poor nations that have long dimmed hopes for a meaningful global warming solution.