Post Tagged with: "fossil fuels"

Source: Houston Chronicle

2 giants with 2 strategies that aren’t working

Houston Chronicle


Everyone from environmentalists to investors is beating up on fossil fuels, and American energy giants Exxon Mobil Corp. and Chevron Corp. are taking increasingly diverging approaches as they try to weather the storm.

The problem is, neither strategy …

Source: forbes.com

European Investment Bank to cease funding fossil fuel projects by end-2021

Reuters


The European Investment Bank said on Thursday it would stop funding fossil fuel projects at the end of 2021, in a landmark decision.

The bank’s new energy lending policy, which was approved with “overwhelming” support, will bar most fossil …

Gas is Part of the Solution in the Planet’s Energy Transition, Goldman Sachs Strategist Says

Gas is Part of the Solution in the Planet’s Energy Transition, Goldman Sachs Strategist Says

From CNBC


Gas has an important role to play in the global energy transition, according to the head of EMEA natural resources research at Goldman Sachs.

Speaking to CNBC Friday, Michele Della Vigna said that, in his personal view, gas …

Big Oil is Investing Billions in Potentially Worthless Projects

Big Oil is Investing Billions in Potentially Worthless Projects

From Bloomberg Businessweek

By Mathew Carr


The top 10 energy companies are planning investments approaching $1 trillion by 2030, in everything from finding and tapping new fields to equipment ranging from drones to drilling rigs. If the oil and gas …

Senate Confirms McNamee for FERC Commissioner

Senate Confirms McNamee for FERC Commissioner

From The Hill

The Senate confirmed President Trump’s pick for a key energy agency Thursday over Democrats’ objections that he is too biased for the job.

The 50 to 49 vote along party lines means Bernard McNamee, a Republican …

Result of BNP Bank of the West ‘No Fossil Fuels’ Stance: Retaliation

Result of BNP Bank of the West ‘No Fossil Fuels’ Stance: Retaliation

From the AP/Washington Post

Bank of the West’s decision to divest from certain fossil fuel investments has run headlong into threats of retaliation in states that get much of their revenue from coal, oil and natural gas extraction.

The San …

Germany’s Reluctant Coalition Govt. Agrees to Coal Phase Out

Germany’s Reluctant Coalition Govt. Agrees to Coal Phase Out

While Germany continues to phase out both nuclear and coal, natural gas will remain a baseload and backup fuel

From Power Magazine

Germany’s Social Democratic Party (SPD) members agreed to join their longtime rival and governing partner, the Christian Democratic …

Fossil Fuel Free ETF?  Not Remotely Possible

Fossil Fuel Free ETF? Not Remotely Possible

Perusing the Inter-web, we found State Street Global Advisors SPDR S&P 500 FOSSIL FUEL FREE ETF, and just wondered “is that even possible.”  No.  Well, that didn’t take long.

According to State Street: “The ETF Fund may purchase a subset …

Renewable Energy could Replace Fossil Fuels for Power Gen by 2066: an OAG360® Exclusive Interview with NREL Director Martin Keller

Renewable Energy could Replace Fossil Fuels for Power Gen by 2066: an OAG360® Exclusive Interview with NREL Director Martin Keller

If Martin Keller’s prediction comes true, in 50 years the U.S. won’t be using nearly the amount of crude oil, refined petroleum products, natural gas or coal as the legacy energy industry has been supplying for the past 100 years

Presidential Candidates on Energy:  Sanders

Presidential Candidates on Energy: Sanders

Sanders wants to kill Keystone, transform system away from fossil fuels

Vermont Senator Bernie Sanders, campaigning for the Democrat Party nomination for president, issued statements about his energy position after the administration’s Clean Power Plan was announced in August.

As …

At What Point Will Renewable Energy be Able to Replace Fossil Fuels?

At What Point Will Renewable Energy be Able to Replace Fossil Fuels?

Renewable Energy vs. Fossil Fuels:  Sprint or Cross Country?

Last week Tesla Motors’ (ticker: TSLA) innovation-infused CEO Elon Musk unveiled the latest offering from the all-electric auto maker: a new home battery. This battery is an enlarged version of the …