Tag Archives: fossil fuels

Rising cost of natural gas

Rising natural gas prices: what to expect

Reading Time: 8 minutes

As we kick off winter 2021-2022, you’re probably anticipating a jump in your heating bill due to dropping temperatures. According to the National Oceanic and Atmospheric Administration (NOAA), it’s actually slated to be a warmer winter than usual, with above-average temperatures predicted across most of the U.S. due to LA Niña climate conditions – but you should still be prepared for higher than normal heating and electricity bills due to the rising cost of natural gas – and other fossil fuels – across the world. In this article, we’ll explain why natural gas prices are increasing, where the increases are most dramatic, and how you can protect yourself from the volatility of fossil fuel energy sources (spoiler alert: going solar will help!). 

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How does cryptocurrency contribute to fossil fuel emissions?

Reading Time: 4 minutes

In February 2021, Tesla announced that it had purchased $1.5 billion in Bitcoin and planned to accept the cryptocurrency as payment, causing the price of Bitcoin to soar to record high numbers. However, three months later, Elon Musk disrupted the cryptocurrency market when he tweeted, “Tesla has suspended vehicle purchases using Bitcoin,” citing concerns about “rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” Overnight, the Bitcoin market dropped by almost 10 percent–so how founded are these environmental concerns in cryptocurrency mining, and could cryptocurrency have a clean energy future?

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Solar Energy News: PV a New Leader in U.S. Job Creation, California Markets Surge

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Obama solar job creation EnergySage

With President Obama’s final State of the Union Address came numerous references to climate change and renewable energy. This week’s Solar Energy News includes headlines about how solar is now a top job creator, record-breaking figures from 2015, and a solar surge in California markets.

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Where Your Electricity Comes From and Why You Should Care

Reading Time: 3 minutesMost of us are completely unaware of how the electricity we use is generated. We just put the plug in the outlet and forget about it. Unfortunately, this is one of those situations where ignorance is definitely not bliss! Understanding where your power originates is crucial in an energy efficiency standpoint.

energy and power electricity source graphic energysage

For anyone wondering where their energy comes from, the chart above displays the sources of our power usage nationwide and can offer insight about output sources. No surprise: the decisions that determine this mix are made by your utility company with their best interests in mind. Sources are chosen on the basis of factors such as cost, availability, and reliability of supply. That’s how coal came to fuel almost half of the U.S.’s electrical needs. It’s cheap, it’s plentiful and it’s relatively easy to mine. What didn’t factor into the utility’s decision were things like the environmental impact of their choices–costs not borne by them but by you, me, and the communities in which we live. Nonetheless, the recent ITC extension and Paris Agreement are two reasons pointing to an approaching overthrowal of fossil fuels by the renewable industry.  Continue reading