Renewable Portfolio Standards- the percentage of a given energy portfolio made up of renewable power sources- are a contentious issue in many states. In this blog entry, University of Michigan researcher Jeremiah Johnson describes his new study, which will describe in detail the various costs and benefits of adding more renewables to Michigan’s energy mix.
No matter what their income bracket, American consumers all express an equal degree of “personal worry” about the impact of energy use on the environment, according to the newest findings of the University of Michigan Energy Survey. A joint effort of the U-M Energy Institute and Institute for Social Research, the quarterly survey gauges consumer perceptions and beliefs about key energy-related concerns including affordability, reliability and impact on the environment.
Transportation is one of several major sectors that contribute to climate change. Globally, the sector's roughly 25% share of man-made carbon dioxide (CO2) emissions is similar to its share of energy consumption. Because liquid fuels are so well suited for powering cars, trucks, boats and aircraft, transportation is uniquely reliant on oil, which is the best natural resource for producing liquid fuels.
The University of Michigan Energy Institute, in conjunction with the Michigan Institute for Teaching and Research in Economics (MITRE), is planning a fall 2014 conference on economics and policy research on energy use in the transportation sector. The conference objective is to bring together scholars at the frontier of transportation and energy economics research with practitioners from industry and government to exchange ideas and research findings. We invite interested researchers to submit papers for presentation at the conference.
ANN ARBOR—Consumers, on average, believe home energy bills would have to nearly double before forcing them to make lifestyle changes to save on costs, according to a new University of Michigan survey.
Conducted for the first time last fall, the U-M Energy Survey found that consumers anticipate a proportionally greater rise in home energy bills than in the price of gasoline—30 percent for home energy versus 15 percent for gasoline—over the next five years.
There is significant momentum behind natural gas extraction efforts in the United States, with many states embracing it as an opportunity to create jobs and foster economic strength. Natural gas extraction has also been championed as a way to move toward energy independence and a cleaner energy supply. First demonstrated in the 1940’s, hydraulic fracturing is now the predominant method used to extract natural gas in the U.S.
Shale gas is changing the American energy economy at a breakneck pace, and its rapid, widespread domestic utilization is redefining the questions our government must address about energy security, policy and the environment. Shale gas as an energy source poses a huge potential boon to American manufacturers of all stripes, but the relationship between the shale gas boom and U.S manufacturing competitiveness needs clearer understanding.
Michigan is playing a central role in the development of new energy industries. What upcoming job opportunities are developing from these new companies? What educational opportunities are available, or in development, to prepare people for these jobs? Join us for a discussion of these issues including the latest labor market information from the State of Michigan.