“[H]euristics are simple, efficient rules which people often use to form judgments and make decisions. They are mental shortcuts that usually involve focusing on one aspect of a complex problem and ignoring others. These rules work well under most circumstances,... Continue Reading →
Energy ventures often begin with the formation of a limited liability company (LLC). A handful of founders agree to contribute their skills and relationships toward a common purpose—the success of the LLC. Just like new parents, the founders are giddy... Continue Reading →
“The U.S. leads the world in reducing carbon emissions for the most recent 5- and 10-year periods. Over the past 5 years U.S. carbon dioxide emissions have fallen by 270 million tons.” - Forbes Spinning windmills and glistening solar panels—that’s what... Continue Reading →
Last year’s tally of bankrupt exploration and production companies stands at 42, with debt defaults of ~$17 billion. Then there are the zombie energy companies that simply assigned their assets to lenders outside of bankruptcy. Who is the likely buyer... Continue Reading →