Energy Transition Picks Up Steam
Precisely when the world passes peak oil demand is still very much a contested debate, but the one thing that is clear is that many of the macro trends are Continue Reading
Rejoining Paris Would Be Easy for Biden. The Hard Part Is Averting Climate Disaster
For a President Joe Biden, rejoining the Paris Agreement would be almost as simple as signing an autograph. The hard part would be everything else. With global warming already fueling wildfires, Continue Reading
Carbon Border Tax Latest: EU Green Deal Measure to Protect Steel, Cement – Bloomberg
The first glimpse is emerging of a levy the European Union is drawing up to ensure its Green Deal environmental rules aren’t undone by nations with weaker standards. The measure being drafted Continue Reading
Exxon Touts Carbon Capture as a Climate Fix, but Uses It to Maximize Profit and Keep Oil Flowing
Sprawled across the arid expanse of southwestern Wyoming is one of the world’s largest carbon capture plants, a hulking jumble of pipes, compressors and exhaust flues operated by ExxonMobil. The Continue Reading
IEA’s Birol says ‘more optimistic than ever’ on shift to clean energy
The global transition to clean, low-carbon energy is gaining momentum with the impetus from the coronavirus pandemic this year likely to be “turning point” for climate change, International Energy Agency Continue Reading
PG&E Will Cut Power in Parts of California to Prevent More Fires
A wildfire ripping through Northern California’s wine country has more than tripled in size, forcing thousands of evacuations and endangering properties in a region devastated by blazes just three years Continue Reading
The Most Important Climate Pledges Aren’t the Splashy Ones
It’s Climate Week in New York, which brings with it a raft of announcements from companies outlining their new decarbonization targets and clean investment strategies. Some of the declarations are Continue Reading
Climate Change: Hope for Carbon Goals Set by China, California, EU
After a week of far-reaching climate promises measured over decades, four of the world’s six largest economies have now proposed ending dates for their carbon emissions. President Xi Jinping’s surprise announcement at the Continue Reading
China’s Carbon Neutrality Goal is Good Policy and Good Politics
Xi Jinping speaks virtually during the United Nations General Assembly on Sept. 22. 2020. Sign up to receive the Green Daily newsletter in your inbox every weekday. Talk is cheap. Continue Reading
China’s Top Climate Scientists Map Out Path to 2060 Goal
The most ambitious climate goal the world’s ever seen now has a road map for how to arrive at it. One of China’s top climate research institutes on Sunday laid out Continue Reading
The Unintended Consequences Of Fossil Fuel Divestment
The stability of the global oil market is under threat. The impact of COVID-19 and the resultant demand destruction has put an ever-increasing amount of oil and gas producers on Continue Reading
Bavarian leader backs California-style deadline for gas cars
The governor of Bavaria, the state that’s home to German automakers BMW and Audi, has backed a deadline for phasing out gasoline-powered vehicles akin to the 2035 date proposed by Continue Reading
Europe Invites a Trade Battle in its Fight Against Shipping Pollution
The plan still has a long way to go before it potentially takes hold, but it’s drawing sharp criticism from the shipping industry and raises the prospect of a broader Continue Reading
Ocean Heat Waves Are Directly Linked to Climate Change
Six years ago, a huge part of the Pacific Ocean near North America quickly warmed, reaching temperatures more than 5 degrees Fahrenheit above normal. Nicknamed “the blob,” it persisted for Continue Reading
Prince Charles Has His Own Marshall Plan to Fight Global Warming
The Prince of Wales rolled out a six-step “Marshall-like plan” aimed at putting the world on better footing to fight global warming. Prince Charles has warned that the unfolding climate emergency Continue Reading
Big Oil May Need To Shed $111 Billion In Assets In Clean Energy Push
The companies in the study – ExxonMobil, Chevron, ConocoPhillips, BP, Shell, Total, Eni, and Equinor – may have to divest combined resources of up to 68 billion barrels of oil Continue Reading
Despite Recent Commitments, Big Oil Still Behind On Climate Change
As most Big Oil majors have recently made commitments to reduce their carbon footprint and help tackle climate change more actively. According to a new report from anti-oil advocacy Oil Continue Reading
World on track to overshoot warming limit without massive investments
The world must combine COVID-19 recovery packages with massive investments in renewable energy and low-carbon infrastructure or it will fail to meet a global warming limit target, a report by Continue Reading
California to Ban New Gasoline Cars by 2035, a First in U.S.
California will phase out sales of new, gasoline-powered cars by 2035 as part of its fight against climate change, Governor Gavin Newsom announced — the first state to set an Continue Reading
California to Ban Sales of New Gas-Powered Cars Starting in 2035
Global satellite data indicate wildfires are becoming bigger and more intense. WSJ talks with NASA’s Doug Morton to understand the science behind what’s making the planet more flammable and making Continue Reading
Climate Disruption Is Now Locked In. The Next Moves Will Be Crucial.
America is now under siege by climate change in ways that scientists have warned about for years. But there is a second part to their admonition: Decades of growing crisis Continue Reading
India’s Clean Air Days May Be Numbered as Farmers Clear Fields
India’s recent clean air and blue skies, an unintended consequence of Covid-19 lockdowns, may soon be ending as seasonal crop fires start, one of the main culprits behind the nation’s chronic Continue Reading
China, in Pointed Message to U.S., Tightens Its Climate Targets
United Nation, via Reuters President Xi Jinping of China pledged on Tuesday that his country, the world’s top producer of greenhouse gases, would adopt much stronger climate targets and achieve Continue Reading
UN General Assembly: US-China tensions flare over coronavirus
Trump, Xi Jinping and Guterres address the UN General Assembly Tensions between the US and China came to the fore of the annual UN General Assembly in New York, with Continue Reading
From LA to Oslo, 12 cities pledge to divest from fossil fuel
Ten cities around the world on Tuesday joined New York and London in committing to divest from fossil fuel companies as part of efforts to combat climate change. Berlin, Cape Continue Reading
Storm Beta Floods Texas Coast
Tropical Storm Beta is flooding southeastern Texas as it grinds along the coast. (Bloomberg) — Tropical Storm Beta is flooding southeastern Texas as it grinds along the coast, pounding it Continue Reading
Neste and Shell to increase supply of sustainable aviation fuel
Finnish biofuel producer and oil refiner Neste NESTE.HE said on Wednesday it had signed an agreement with Shell Aviation to significantly increase the supply and availability of sustainable aviation fuel. Continue Reading
How long until it’s too late to save Earth from climate disaster? This clock is counting down.
How long does the world have left to act before an irreversible climate emergency alters human existence as we know it? A new digital clock unveiled in Manhattan’s Union Square Continue Reading
Why Big Oil Should Worry About The Green Chemistry Movement
While climate activists call on oil and gas giants to ‘keep it in the ground,’ many products of our modern way of life – from clothing and cosmetics to detergents Continue Reading
Walmart Aims to End Emissions From Global Operations by 2040
Walmart Inc. said it’s targeting zero emissions from its global operations by 2040, a small fraction of its total, in the latest climate-focused step amid heightened calls from investors and Continue Reading
Weary Gulf Coast mayors say hurricane season has changed for the worse, which many attribute to climate shifts
It has been a tough summer across much of the Gulf Coast, where storm after storm has taken aim and two hurricanes — Laura and Sally — have decimated homes Continue Reading
Western US Gulf of Mexico evacuations beginning ahead of tropical storm
Highlights Shell evacuating Perdido platform, shuting in production Tropical Storm Beta expected to reach hurricane strength No threat to area refineries yet Houston The first evacuations and crude oil shut-ins Continue Reading
Sweden introduces GHG reduction mandate for aviation fuel for 2021, increasing to 27% in 2030
Sweden has an ambitious target of being fossil-free by 2045. As a part of the initiative, the Swedish Government announced on 11 September the introduction of a greenhouse gas (GHG) Continue Reading
Trump Environmental Record in Charts: Oil, Coal Promises Unfulfilled
The 45th president’s stance on climate change was established long before he entered the White House. It’s a hoax, he argued, and fossil fuel is an unequivocal good for the nation. Trump Continue Reading
Western US Gulf of Mexico evacuations beginning ahead of tropical storm
The first evacuations and crude oil shut-ins from deepwater platforms began Sept. 18 from the western Gulf of Mexico in advance of a tropical depression that’s coming on the heels Continue Reading
The $60 Trillion Price Tag For A World With Net-Zero Emissions
The world can achieve net-zero greenhouse gas emissions by the middle of this century for an annual investment of US$1 trillion-US$2 trillion, or up to US$60 trillion over the next Continue Reading
California’s fires are putting a huge amount of carbon dioxide into the air – The Washington Post
California’s unprecedented wildfires, driven by man-made climate change, are pumping the atmosphere with tens of millions of tons of carbon dioxide that will only drive global temperatures higher. Two scientists Continue Reading
Abandoned Gas Wells Are Left to Spew Methane for Eternity
California’s unprecedented wildfires, driven by man-made climate change, are pumping the atmosphere with tens of millions of tons of carbon dioxide that will only drive global temperatures higher. Two scientists Continue Reading
Why forest fires in Siberia, Russia threaten us all
Wildfires in Siberia have been releasing record amounts of greenhouse gases, scientists say, contributing to global warming. The fires, fuelled by abnormally high temperatures, have been burning as far north Continue Reading
Joe Biden’s Climate Plan Unites Environmental Activists and Labor People—For Now
Joe Biden’s climate plan promises to put the U.S. on a path to 100% clean energy and net-zero carbon emissions “no later than 2050.” It also vows that greening the U.S. Continue Reading
Water shortages in US West likelier than previously thought
There’s a chance water levels in the two largest man-made reservoirs in the United States could dip to critically low levels by 2025, jeopardizing the steady flow of Colorado River Continue Reading
Business Shifts From Resistance to Action on Climate
When Congress last pushed for comprehensive climate legislation a decade ago, much of corporate America was either neutral or hostile. In a sign of how much corporate attitudes have changed, Continue Reading
Hurricane Sally cuts off power to more than 540,000; power demand sinks 16%
Houston — More than 540,000 electricity customers lost service across Alabama, Florida, Georgia and Mississippi after Hurricane Sally made landfall early Sept. 16, sapping power demand by 16.4% from forecast Continue Reading
The Climate Case Against Decoupling
Wildfires in Lake County, California, August 2020 The past few years have seen a heated debate among U.S. politicians and analysts about whether the United States should “decouple” from China Continue Reading
Fives States Have Filed Climate Change Lawsuits, Seeking Damages From Big Oil and Gas
Connecticut and Delaware have joined a growing list of states, cities and counties that have filed climate change lawsuits against the fossil fuel industry, claiming oil and gas companies knew Continue Reading
Peak Oil: BP, Shell, Eni Lead Big Oil’s Search for New Business
For most of the past century, Big Oil executives found it pretty easy to explain to investors how their businesses worked. Just locate more of the commodities that everyone needed, Continue Reading
EU executive wants tougher 2030 climate target, billions in green bonds
The European Union’s chief executive on Wednesday said the bloc should commit to deeper emissions cuts over the next decade, and pledged to use green bonds to finance its climate Continue Reading
Two major Antarctic glaciers are tearing loose from their restraints, scientists say
Two Antarctic glaciers that have long kept scientists awake at night are breaking free from the restraints that have hemmed them in, increasing the threat of large-scale sea-level rise. Located Continue Reading
Wildfires intensify economic pain in the West
The fires consuming the forests of California and Oregon and darkening the skies over San Francisco and Portland are also damaging a regional economy already singed by the coronavirus outbreak. Continue Reading
CFTC Report: Financial Markets Under Threat From Climate Change
When an advisory panel chartered by the Commodities Futures Trading Commission (CFTC), one of the Trump administration’s regulatory agencies, warns, unanimously, that climate change threatens the stability of our financial Continue Reading