Post Tagged with: "climate change"

Source: Fox Business

Biden, top financial regulators to focus on climate change at White House meeting

Fox Business


President Biden is slated to meet with top financial regulators on Monday afternoon in the Oval Office, during which they are expected to discuss a spate of issues including the risks that climate change poses to the financial …

Source: CNBC

These are the world’s largest banks that are increasing and decreasing their fossil fuel financing

CNBC


The 60 largest commercial and investment banks have collectively financed $3.8 trillion in fossil fuel companies between 2016 and 2020, the five years since the Paris Agreement was signed, according to a report published in March from a collection …

Source: CNBC

Big Oil and its green ambitions could be about to get a serious reality check

CNBC


LONDON — The month of May promises to be a ground-breaking one for Big Oil.

Oil and gas majors on both sides of the Atlantic are preparing to hold their annual shareholder meetings in the coming weeks. It comes …

Source: Reuters

Energy sector to bear brunt of stepped up German climate law: draft

Reuters


BERLIN – The German government expects the energy sector to play the biggest role in reducing carbon emissions by 2030, according to a draft of the reform to its climate protection law seen by Reuters on Thursday.

The draft …

Source: Reuters

Factbox: Pandemic brings forward predictions for peak oil demand

Reuters


The COVID-19 pandemic this year has dented oil consumption and brought forward forecasts by energy majors, producers and analysts for when the world’s demand for oil may peak.

The rise of electric vehicles and a shift to renewable energy

April 21, 2021 - 9:37 am Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Australia shies from backing net zero by 2050 ahead of Biden climate summit

Reuters


CANBERRA – Australian Prime Minister Scott Morrison stopped short of endorsing a 2050 target for net zero greenhouse gas emissions ahead of U.S. President Joe Biden’s climate summit this week.

In a speech on Monday, he said only that …

Source: CNBC

JPMorgan pledges $2.5 trillion over the next decade toward climate change

CNBC


JPMorgan Chase said Thursday it will commit more than $2.5 trillion over the next decade toward long-term solutions that tackle climate action and contribute to sustainable development.

Within the initiative, $1 trillion is earmarked for green projects, including renewable …

Source Reuters

Biden targets big offshore wind energy expansion to fight climate change

Reuters


The administration of U.S. President Joe Biden said on Monday that it has set a goal to vastly expand the nation’s offshore wind energy capacity in the coming decade by opening new areas to development, speeding environmental permitting, and …

Source: CNBC

CEO of commodities giant BHP: Global economic outlook ‘stronger than we were expecting’

CNBC


Mike Henry stepped into his role as CEO of Australia-based BHP, the world’s largest publicly listed mining company, just a few weeks before the coronavirus pandemic triggered lockdowns across the globe.

Henry is a proponent for health and …

Source: Reuters

Natural gas can help solve climate change, industry reminds policymakers

Reuters


The energy industry wants policy makers to remember that natural gas can and should be part of the solution in solving climate change, executives said at a conference on Tuesday.

“The most important thing to continue to impress upon …

Source: Reuters

U.S. climate czar urges oil industry to hasten transition to renewables

Reuters


WASHINGTON – U.S. climate envoy John Kerry on Tuesday urged oil and gas companies to do more to diversify and adopt low-carbon technologies to tackle climate change.

Speaking alongside oil executives making the case for the continued production of …

Source: Reuters

Dow exec sees climate change as opportunity for petchem innovation

Reuters


SINGAPORE – Dow Inc is adjusting its carbon footprint and product slate to adapt to climate change and tap evolving consumption trends tied to the global energy transition, a senior executive said this week.

Dow has pledged to become …

Source: Reuters

Shell targets power trading and hydrogen in climate drive

Reuters


LONDON – Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company …

Source: Reuters

Congress sets sites on climate change in Covid relief bill

CNBC


The coronavirus relief bill passed by Congress toughens rules around use of a common heat-trapping chemical and funnels billions of dollars into renewable energy.

The measures, attached to a year-end government funding bill, were hailed by some lawmakers as …

December 22, 2020 - 3:00 pm Climate Change, Closing Bell Story‎, Energy News, Regulatory
Source: Reuters

Analysis-Climate could pay the price as Europe’s nuclear plants age

Reuters


LONDON – Nuclear power capacity able to supply roughly 60 million homes is scheduled to close this decade as utilities struggle to replace northwest Europe’s ageing reactors, raising the risk of higher carbon emissions as fossil fuels plug the …

Exclusive 360 Energy Expert Network Video Interview: Data Gumbo – “A Bridge to Transactional Certainty” and an ESG update

Exclusive 360 Energy Expert Network Video Interview: Data Gumbo – “A Bridge to Transactional Certainty” and an ESG update

When 2020 is behind us, we will all cheer! It is also exciting to see how Data Gumbo has grown it's world wide client base, increased it's management team, and is developing something every energy company will need to meet

Source: Reuters

Biden team close to announcing picks for core climate and energy jobs

Reuters


President-elect Joe Biden is close to announcing a slate of Cabinet nominees who will be central to his administration’s sweeping plan to fight climate change, according to sources familiar with the matter.

For the interior secretary post, Biden appears …

December 16, 2020 - 12:30 pm Climate Change, Closing Bell Story‎, CO2 Capture, Crude Oil News, Jobs
Source: Reuters

A $7 trillion climate change warning to the stock market from its biggest shareholder

CNBC


The evidence of climate change — from global temperature records to Arctic ice melt, wildfires, hurricanes and flooding — is accelerating. So is investment pressure on corporations.

In the past week, Exxon Mobil was targeted by activist investors,

Exclusive 360 Energy Expert Network Video Interview: Data Gumbo – Atlas RFID – Can you build a nuclear plant with no logistics loss?

Exclusive 360 Energy Expert Network Video Interview: Data Gumbo – Atlas RFID – Can you build a nuclear plant with no logistics loss?

Well we found the combination to eliminate logistics loss, improve cash flow, and build your own success story. The team from Data Gumbo and Atlas RFID stopped by to talk about how technology is changing logistics in the energy space.

Source: Reuters

Exclusive: European banks face indigenous calls to end Amazon oil trade

Reuters


LONDON/QUITO  – European banks committed to backing action on climate change face allegations of double standards from indigenous groups in Ecuador after a report named them as major players in the trade in oil from the Amazon rainforest.

Stand.earth …

August 12, 2020 - 2:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Exclusive 360 Energy Expert Network Video Interview: Data Gumbo – Presenting at The Oil & Gas Conference Sneak Peak

Exclusive 360 Energy Expert Network Video Interview: Data Gumbo – Presenting at The Oil & Gas Conference Sneak Peak

Data Gumbo is presenting at The Oil & Gas Confrence at 3:45 Mountain on Monday the 17th of August, 2020. Sign up at The Oil & Gas Conference for a look at all of the presentations, and scheduling 1 on

Exclusive 360 Energy Expert Network Video Interview: YouTuber Tony Heller – Opinions on real climate change based upon data

Exclusive 360 Energy Expert Network Video Interview: YouTuber Tony Heller – Opinions on real climate change based upon data

Renewable Energy - Are the numbers what they seem?

Real Climate Science on YouTube has over 17 million views, and 81K in subscribers. In anyone's book that is a real success story. Tony Heller lays out the climate science in

Exclusive 360 Energy Expert Network Video Interview:  Aurora Energy Solutions – Taking ESG to the community of Alaska while tackling air quality with renewable energy

Exclusive 360 Energy Expert Network Video Interview: Aurora Energy Solutions – Taking ESG to the community of Alaska while tackling air quality with renewable energy

ESG is a huge part of the energy market from the consumer, and financial, side of the business. The Usibelli coal company is a 4th generation company and is the only coal mine in Alaska. As a private company the

Source: Reuters

BlackRock cast tougher climate votes, environmentalists want more

Reuters


BOSTON – BlackRock Inc (BLK.N) released figures showing it took a tougher stance on climate matters in the springtime proxy season, though it drew criticism from environmentalists claiming the top asset manager failed to back up its …

Exclusive 360 Energy Expert Network Video Interview: Alex Epstein – Is there a moral case to not use energy in the reduction of poverty?

Exclusive 360 Energy Expert Network Video Interview: Alex Epstein – Is there a moral case to not use energy in the reduction of poverty?

We live in a strange world. Some people believe that there are too many humans, and humanity is destroying the planet. Others are of the opinion that humanity should prosper. All too often people do not want to have a

Source: CNBC

The coronavirus crisis means we may have already reached peak carbon

CNBC


The coronavirus crisis will likely lead to the largest ever decline of global carbon emissions on record, according to research from Goldman Sachs, illuminating the potential for a long-term low carbon recovery.

The Covid-19 outbreak has meant countries around

Source: Reuters

U.S. oil boom vs Europe’s renewables focus? Big Oil’s gap widens — in words

Reuters


NEW YORK/LONDON  – Exxon and Chevron boasted to investors this week about booming U.S. oil production, illustrating how the gap has widened – at least in words – between top American oil and gas companies and their European rivals …

India ‘bigger problem’ than China on reducing carbon emissions: Michael Bloomberg

India ‘bigger problem’ than China on reducing carbon emissions: Michael Bloomberg

DH 


Oil & Gas Publishers Note: Last nights Democratic debate was the best entertainment, while being horrifying, evening my wife and I have had in a long time. The Deccan Herald posted a good article of Michael Bloomberg’s comments on

Just Transition- Amid Climate Debate And Coal’s Decline, West Virginia Considers Its Future

Just Transition- Amid Climate Debate And Coal’s Decline, West Virginia Considers Its Future

Ohio Valley Resource


Oil & Gas 360 Publishers Note: Brittany Patterson writes about a side effect of the war on climate change – peoples lives. Balanced energy plans include a slower migration from coal. The United States is not the

February 14, 2020 - 10:32 pm Coal News, Industry Insights, Oil and Gas 360 Publisher Note:
Source: CNBC

Oil major pledges to become carbon neutral by 2030, drawing sharp criticism from climate activists

CNBC


Sweden’s oil major Lundin Petroleum has pledged to become carbon neutral by the end of the decade, announcing plans to replace “Petroleum” with “Energy” in its name.

The company, which is one of Europe’s largest independent oil producers, said