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BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”

Green Car Congress

The all-stock merger will create a global top 10 independent energy company by production, and will also allow BHP to focus more intently on “future-facing commodities” that are most positively leveraged towards population growth, rising living standards, electrification and decarbonization, the company said. 28% interest).

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Auto Racing Test Drives Its Own EV Future

Cars That Think

Its own stepchild, the inaugural Extreme E series, is staging electric off-road battles in such exotic locales as Greenland, Senegal, and Sardinia, with five teams led by racing superstars including Chip Ganassi , Nico Rosberg and Michael Andretti. The latest is World Rallycross , a wild-and-wooly mix of off-road rallying and tarmac sections.

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IISD Releases Five-Part Series of Reports on Removing Fossil Fuel Subsidies

Green Car Congress

The International Institute for Sustainable Development’s Geneva-based Global Subsidies Initiative ( GSI ) has issued a five-part series of reports into how nations might remove fossil-fuel subsidies, on the eve of a meeting of G20 finance ministers in Washington this week. Strategies for Reforming Fossil-Fuel Subsidies.

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