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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

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Why EVs Aren't a Climate Change Panacea

Cars That Think

For instance, Alexandre Milovanoff at the University of Toronto and his colleagues’ research (which is described in depth in a recent Spectrum article ) demonstrates the U.S. Behavioral change is hard How willing are people to break their car dependency and other energy-related behaviors to address climate change?

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How Engineers Can Help Protect Earth From Worsening Climate Change

Cars That Think

Fortunately, we still have a narrow window of opportunity to alter the Earth’s climate path, and I believe we can do it. Climate change is a global societal crisis that is causing devastating consequences. Deforestation is contributing to climate change. We need to address the crisis now in a sustainable way.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

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Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

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Opinion: Political Climate Shifting Against The Oil And Gas Industry

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Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important. billion in 2014.

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

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A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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Government of Canada releases framework for ending fossil fuel subsidies

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Subsidies will be considered inefficient unless they meet one or more of the following six criteria: Enable significant net greenhouse gas emissions reductions in Canada or internationally in alignment with article 6 of the Paris Agreement. Support clean energy, clean technology, or renewable energy. definition of subsidies as a reference.

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