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The Week in Green Energy: Who Says Theres No Such a Thing as Bad Press

A natural gas power plant in eastern Michigan. Natural gas occupies a tenuous position in the green energy hierarchy. Though certainly not considered truly “green,” it is nevertheless portrayed by its supporters as the most environmentally friendly of the hydrocarbons. In Barack Obama’s …

Venezuelan Natural Gas Rig Sinks in Gulf: Maybe This Should Give Us Pause

Chavez: Don’t worry about that sunken drilling rig! Maybe natural gas isn’t a “green” fossil fuel after all. Early this morning, a Venezuelan natural gas exploration rig the Aban Pearl sank in (wait for it) the Gulf of Mexico, according to Reuters. The …

The  Light Green Option: Energy Investors Funds To Build Gas/Solar Hybrid Power Plants

Energy Investors Funds has formed a joint venture with Saint Augustine, Fla., -based NTE Energy to build and operate hybrid power generation facilities in the U.S. The plants will use a combination of natural gas and renewable sources like solar or biomass. According …

T.Boone Ditches Wind Power Project; Says Natural Gas is Clean Energy of the Future [Video]

T. Boone Pickens, the oilman turned renewable energy apostle, has shelved plans to develop the world’s largest wind farm in North Texas to instead push for massive adoption of natural gas for transportation.

Exxon Mobil Confirms Dominance of Fossil Fuels with $31B XTO Acquisition

Today Exxon Mobil announced this year’s largest energy deal with its acquisition of XTO Energy, a domestic developer of natural gas, in an all-stock deal valued at $31 billion. Wit the acquisition Exxon bolsters its natural gas reserves and it also confirms the …

BP CEO Tony Hayward: We Need to be Realistic – The Transition to a Lower-Carbon Economy Wont Happen Overnight

BP CEO Tony Hayward told attendees of the Oil & Money conference that’s being held this week in London that the goal of a carbon-free economy is not likely to happen anytime soon, if at all. Instead, in his speech Hayward soberly promoted a …