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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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The industrialized world brushes these realities under the rug in favor of self-aggrandizing agenda-setting, and, in doing so, engenders critical supply risks and the potential for further environmental degradation. —Baker Institute report Need Nickel? This surge occurred mostly in China, driven by steel manufacturing.

China 416
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Rosneft and ExxonMobil progress in strategic cooperation agreement; JVs in Black and Kara Seas, Rosneft into US and Canada

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Russia’s Rosneft and ExxonMobil signed agreements to implement a long-term Strategic Cooperation Agreement concluded in August 2011 jointly to explore for and to develop oil and natural gas in Russia and to share technology and expertise. Earlier post.). The seismic program is now 70% complete.

Canada 210
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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The China policy response to assist the commercial-vehicle industry has been broad, with a variety of direct and indirect supports announced, locally and nationally. New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal.

2020 191
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The Case for Nuclear Cargo Ships

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The shipping industry has been trying to cut its carbon emissions for years, and with little to show for it. The industry now faces serious pressure to pick up the pace. body that governs the industry, representatives doubled down on carbon-reduction ambitions, setting a net-zero emissions goal for 2050.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. Europe; Russia influences. —Nigel Griffiths, chief automotive economist, IHS Automotive. million units.

2015 150
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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

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Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. Of this, the Saudi government will finance $239 billion, while private investors will finance $79 billion, as well as investments in refining (which it does not specify). If You’re a Free Range Oil Producer. James Crandell, a Cowen & Co.

Oil 150
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Smith School report recommends individual governments take more national and bi-lateral actions to curb greenhouse gas emissions

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The Smith School of Enterprise and the Environment at the University of Oxford recently published a report recommending that individual governments take more action to curb their own greenhouse gas emissions and put pressure on other governments to do the same. International climate negotiations can only go so far.

Emissions 210