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 Decade: 2000-2009
 Year: 2008
 Month: November
 Collection: Congressional Research Service Reports
The World Bank's Clean Technology Fund (CTF)

The World Bank's Clean Technology Fund (CTF)

Date: November 24, 2008
Creator: Weiss, Martin A. & Logan, Jeffrey
Description: The United States Treasury has led efforts to create a $10 billion Clean Technology Fund (CTF), located at the World Bank, to help fund deployment of clean technology to reduce greenhouse gas emissions in developing economies. The Bush administration has asked Congress to authorize and appropriate U.S. funding of $2 billion over three years (FY2009 to FY2011). While many Members of Congress have expressed support for the CTF, others have raised concerns, primarily with respect to whether the CTF should finance carbon-based energy projects. To date, Congress has not passed legislation authorizing or appropriating U.S. contributions to the Fund.
Contributing Partner: UNT Libraries Government Documents Department
Gas Hydrates: Resource and Hazard

Gas Hydrates: Resource and Hazard

Date: November 26, 2008
Creator: Folger, Peter
Description: Solid gas hydrates are a potentially huge resource of natural gas for the United States. The U.S. Geological Survey estimated that there are about 85 trillion cubic feet (TCF) of technically recoverable gas hydrates in northern Alaska. Gas hydrates are both a potential resource and a risk, representing a significant hazard to conventional oil and gas drilling and production operations. This report addresses the issue of cost and method of recovering potential gas hydrates, as well as the advantages and disadvantages of using gas hydrates as a potential energy source. Included is information on the Methane Hydrate Research and Development Act of 2000 and the Energy Policy Act of 2005.
Contributing Partner: UNT Libraries Government Documents Department
Water Rights Related to Oil Shale Development in the Upper Colorado River Basin

Water Rights Related to Oil Shale Development in the Upper Colorado River Basin

Date: November 18, 2008
Creator: Brougher, Cynthia
Description: Concerns over fluctuating oil prices and declining petroleum production worldwide have revived interest in oil shale as a potential resource. The Energy Policy Act of 2005 (P.L. 109-58) identified oil shale as a strategically important domestic resource and directed the Department of the Interior to promote commercial development. Oil shale development would require significant amounts of water, however, and water supply in the Colorado River Basin, where several oil shale reserves are located, is limited. This report will provide a brief overview of water rights in Colorado, Utah, and Wyoming, including changes that may be made to currently held water rights and the possibility for abandonment of unused water rights.
Contributing Partner: UNT Libraries Government Documents Department
U.S. Trade Deficit and the Impact of Rising Oil Prices

U.S. Trade Deficit and the Impact of Rising Oil Prices

Date: November 13, 2008
Creator: Jackson, James K.
Description: Petroleum prices rose sharply in the first half of 2008, at one time reaching more than $140 per barrel of crude oil. Since July, however, petroleum prices and import volumes have fallen at a historically rapid pace; in November, prices of crude oil fell below $55 per barrel. The fall in the cost of energy imports combined with the drop in import volumes as a result of the slowdown in economic activity has reversed the trend of rising energy imports costs and will sharply reduce the overall costs of U.S. energy imports for the rest of 2008. This report provides an estimate of the initial impact of the rising oil prices on the nation's merchandise trade deficit.
Contributing Partner: UNT Libraries Government Documents Department