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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.

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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Soot particles from oil and wood heating systems as well as road traffic can pollute the air in Europe on a much larger scale than previously assumed. 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.

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

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The rise is mostly due to the increase of oil consumption from road transport. 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. Poland and France also saw large growth in emissions. in 2017 from 2016.

Emissions 257
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Mad Power thoughts

EV Info

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

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“ One Agreement, Two Steps ” Expectations for Copenhagen quickly became complicated after Danish Prime Minister Lars Løkke Rasmussen boarded an overnight flight to Singapore to address an impromptu breakfast forum on climate change at the Asia Pacific Economic Co-operation (APEC) summit on 15 November. by Jack Rosebro.

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. Or an RPS program that is non-voluntary with a common goal and timing objective such as those found in China, Germany or France?

Renewable 220
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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—Leo Johnson, Partner, Sustainability and Climate Change, PwC. By contrast, the UK, France and Germany achieved record levels of annual carbon emissions intensity reductions, but were helped on by milder winters. —Jonathan Grant, director, sustainability and climate change, PwC. —PwC report.