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3 Oil Majors That Bet Big On Renewables

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In fact, if you remove Equinor from the equation, Big Oil’s renewable investments will actually decline over the next three years before even factoring in the industry-wide deep capex cuts due to the Covid-19 pandemic. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio.

Oil 418
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Study from Thuringia shows 50% of harmful soot comes from local sources, 50% from long-distance transport

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Black carbon is associated with primary emissions from combustion processes from anthropogenic sources (car, domestic heating and industry) or biogenic sources (e.g. At that time, a total of about 50 cloud researchers from Germany, France, England and the US had participated in the measurements in the middle of Germany. forest fires).

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Mad Power thoughts

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Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change. Gas is the only answer.

Power 52
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EEA: increase in EU GHG emissions, mostly due to transport, hampers progress towards 2030 targets

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The energy sector was able to reduce its emissions due to the decreasing share of coal used to produce electricity and heat in the EU. Emissions trends for industrial installations have been more variable, reflecting the economic developments observed in Europe over the last three trading periods. in 2017 from 2016.

Emissions 257
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Global CO2 emissions stalled for the third year in a row

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Information on the other two greenhouse gases, methane (CH 4 ) and nitrous oxide (N 2 O), is only available until 2012, as international statistics on agricultural activities—the main source of these emissions—are not updated as frequently as on energy and industry-related activities. Europe’s downward trend stalling.

Emissions 150
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2% Climate Change And The IPCC Fourth Assessment Report.

Climate 236
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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Fifty years later, the USA is faced with a similar challenge, energy independency and climatic change. In France, renewable energy consumption will be 20 percent by 2020. Why then do we not have the same clarity of goal for the electricity generating industry here in the USA? EIA projections of renewables penetration.

Renewable 220