Nathaniel Bullard

Natural Gas Is the Past, the Future

On Sunday, Virginia-based utility Dominion Energy Inc announced plans to sell almost all of its natural gas pipeline and storage assets to Warren Buffett’s Berkshire Hathaway Inc for $4 billion. At the same time, the Virginia-based utility said that it’s killing the Atlantic Coast gas pipeline…

The Case for New Green Energy Units

For nearly seven decades, oil major BP has published an annual statistical review of world energy. It includes a wealth of data on what energy the world produces, along with how and where society consumes that energy. The long history of the dataset highlights key inflection points, like the growth…

Climate Change Puts Insurers to the Test

The Bank of England’s Prudential Regulation Authority has begun its latest stress test for general and life insurers. This biennial exercise tests the insurance industry’s market resilience to physical events of the sort that have garnered a lot of media coverage in recent years: hurricanes,…

Climate Change Is All Most of Us Have Ever Known

In May, the Toronto Star launched an in-depth series on climate change in Canada, with a straightforward title: “Undeniable.” It’s an apt description of the evidence within the reporting and elsewhere in publicly available data. “Undeniable” might be a useful descriptor, but let’s frame climate…

Companies Take On the Next Environmental Threats

For the past 15 years, CDP has been asking companies and investors to disclose their businesses’ impact on the environment, as well as the environment’s impact on their businesses. My Bloomberg colleague Christopher Flavelle examined how some of the U.K.-based nonprofit’s respondents view the…

More People Means More Cars, More Deaths

More than 1.3 million people died in road-traffic accidents in 2016, an all-time high, according to the World Health Organization. A world with more people and more cars means more death on the world’s roads. Those deaths, though, are not evenly distributed. “Road traffic injuries are now the…

Peak Tech Is a Tale of Evolution and Extinction

The history of technology is one of emergence, finding markets and eventually being challenged by other, newer platforms. New technologies can be tracked along an S-curve, starting from zero, growing slowly, then quickly, before hitting a natural plateau. These S-curves emerge in many different…

The World is Heating Up, But Not Everyone is Staying Cool

The grid operator that delivers power to most of Texas set an all-time peak electricity demand record this week for the month of May. Hot weather, a healthy economy and a growing population have all given Electric Reliability Council of Texas Inc. reason to expect record-breaking summer usage. …

OPEC Sees a Future With Fewer Cars

Among the revelations in OPEC's just published World Oil Outlook -- including, as Gadfly’s Liam Denning has explained, long-term demand for oil and shale production -- is a notable change in the cartel's assumptions about passenger cars. The Organization of Petroleum Exporting Countries expects 137…