Climate Change & Energy
Energy demand in the United States could grow by more than 30% between 2010 and 2035, and is expected to grow even faster around the globe. Meanwhile, environmental issues – including the impact of greenhouse gas emissions – require commonsense solutions that harness technologies, promote economic growth and efficiency, and achieve environmental benefits.
The Energy Information Administration (EIA) of the US Department of Energy's annual report highlighted the projection that the US will dramatically increase domestic energy production by 2035, greatly reducing energy imports. According to the EIA’s report, the US dependence on foreign energy sources will fall to 13% by 2035, down from 22% in 2011. Dependence on foreign oil has been declining and will continue to fall in part due to an increase in domestic oil production, the use of biofuels, and an increase in automobile fuel efficiency.
As the US and other countries around the world enact legislative and regulatory measures to diversify energy sources, increase efficiency, and reduce carbon emissions, SCOA, with a wide variety of interests in energy-related businesses and industries, will continue to closely monitor these developments.
SCOA's Washington DC office focuses on researching emerging energy markets in the United States, like Shale Gas. Due to the Shale Gas boom, The US is projected to become a net exporter of liquefied natural gas by 2016.
To comment, or if additional information is needed on a particular topic, please do not hesitate to contact the SCOA Washington office. We also encourage SC group company employees to download the latest Washington office publications on climate change and energy, located in our online resource library at:
To request a log-in and password, please contact the Washington office at washingtonoffice.scoa (at) sumitomocorp.com.
September 14, 2012As Coal Production Declines, Coal Jobs May Not
September 06, 2012Bill Clinton Assertion That Dems Create More Jobs than Repubs: True?
September 04, 2012Obama releases energy platform; More of the same
August 30, 2012Tire Tariff Backdating May Bring Constitutional Battle
August 29, 2012Senate Finance Committee's Legislative Text Released on Tax Extenders Bill (Including Wind PTC)
August 27, 2012New York May Approve Fracking as Early As Sept 4
August 23, 2012DoE Release Study on Assessing Natural Gas Technologies
August 21, 2012Romney Has More Cash On Hand Than Obama
August 17, 2012Rep. Ryan Fiscal Hawk?
August 02, 2012Lawmakers Urge EPA to Reduce Ethanol Requirements
August 01, 2012Mitt Romney Does Not Support Wind Tax Credits
July 31, 2012Fed Will Likely Implement QE3 In September
June 26, 2012Supreme Court Bars Citizens United Reform
April 19, 2012EPA Announces New Fracking Regulations
April 12, 2012South Korean Governing Party Holds onto Power
April 10, 2012Rick Santorum Drops Out
April 05, 2012President Obama's 1996 Moment?
April 04, 2012Chesapeake Report: Utica Shale Shows Potential
April 03, 2012Mitt Romney Likely To Sweep Victory in Today's Primaries
March 26, 2012President Obama Urges China to Pressure North Korea
March 26, 2012DOE Delays Analysis of LNG Exports to US Economy
March 23, 2012Senate Passes Jobs Act, Moves to House
March 23, 2012Senate Passes Stock Act
March 21, 2012Big Day For Mitt Romney
March 19, 2012Stay Informed: House's JOBS Act
March 19, 2012Obama Calls for the End of Oil Subsidies
March 16, 2012EPA: Pa. fracking town's water show no health concern
March 13, 2012Natural Gas Act Amendment Fails to Pass