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Month: July 2021

Category:
  • Climate
  • USA

The U.S. Will Need a Lot of Land for a Zero-Carbon Economy

At his international climate summit in April, President Joe Biden vowed to cut U.S. greenhouse gas emissions in half by 2030. The goal will require sweeping changes in the power Continue Reading

Posted On : 7 Jul 2021 Published By : Tom Whipple
Category:
  • Prices
  • USA

Gas prices are expected to keep climbing through August.

AAA said on Tuesday that gas prices were expected to increase another 10 to 20 cents through the end of August. The average price of a gallon of regular in Continue Reading

Posted On : 7 Jul 2021 Published By : Tom Whipple
Category:
  • Climate
  • USA

Another intense heat wave to roast Western U.S., southwest Canada

Last week, Lytton, a small town in British Columbia, Canada, broke its nation’s all-time temperature reading three days in a row as temperatures soared as high as 121 degrees. Days Continue Reading

Posted On : 7 Jul 2021 Published By : Tom Whipple
Category:
  • Refining

Shell To Bow Out Of California Joint Venture With Exxon

Shell  is reportedly planning to quit its California-based joint venture with fellow oil supermajor ExxonMobil (-2.79%) as it looks to accelerate its transition away from fossil fuels. Four sources told Continue Reading

Posted On : 7 Jul 2021 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. shale firms hesitate to pump – or hedge – more, despite oil high prices

 OPEC’s sudden disarray would seem to be an opportunity for U.S. shale producers to lock in profits, with oil prices near multi-year-highs, but sources at those companies say they are Continue Reading

Posted On : 7 Jul 2021 Published By : Tom Whipple
Category:
  • Climate
  • USA

North America Hit Record Temperatures for Hottest June Ever

The heatwave that broke temperature records in North America made last month the hottest June ever for the region, according to Europe’s Earth observation agency Copernicus. Europe also experienced extreme Continue Reading

Posted On : 7 Jul 2021 Published By : Tom Whipple
Category:
  • Oil Supply

Private Equity Follows the Money—and the Money Is Ditching Fossil Fuels

The buyout industry has long been a major backer of fossil-fuel deals. Now it’s rolling out new green asset funds at a record clip in a bid to lure the Continue Reading

Posted On : 7 Jul 2021 Published By : Tom Whipple
Category:
  • USA

Gas Price Increase Poses Challenge to U.S. Economy

As the U.S. economy struggles to emerge from its pandemic-induced hibernation, consumers and businesses have encountered product shortages, hiring difficulties and often conflicting public health guidance, among other challenges. Now Continue Reading

Posted On : 7 Jul 2021 Published By : Tom Whipple
Category:
  • Electric Cars

ORNL team develops modeling tool to help plan timing and location of EV chargers along interstates

Researchers at Oak Ridge National Laboratory (ORNL) have developed a nationwide modeling tool to help infrastructure planners decide where and when to locate electric vehicle charging stations along interstate highways. Continue Reading

Posted On : 7 Jul 2021 Published By : Tom Whipple
Category:
  • Europe

EU bets on energy savings, greener buildings to meet climate target -draft

The European Union will require countries to renovate energy-guzzling buildings faster and meet tougher targets to save energy as part of its drive to meet climate change goals, according to Continue Reading

Posted On : 7 Jul 2021 Published By : Tom Whipple

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