Wednesday, December 25, 2024
A $7 trillion climate change warning to the stock market from its biggest shareholder- oil and gas 360

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, as well as CalSTRS, one of the nation’s largest pension funds. New York State’s $226 billion pension fund announced a plan to

China's CO2 emissions will be higher in 2020 than in 2019, says IEA's Birol- oil and gas 360

China’s CO2 emissions will be higher in 2020 than in 2019, says IEA’s Birol

Reuters OSLO – China’s greenhouse gas emissions will increase in 2020 compared to 2019 as they have rebounded after the COVID-19 outbreak, the head of the International Energy Agency said on Wednesday. “As of today, Chinese emissions this year, 2020, will be higher than in 2019, they rebounded,” Fatih Birol told a digital energy conference organised by Norwegian oil firm

EU drafts deal to upgrade 2030 climate change target next month- oil and gas 360

EU drafts deal to upgrade 2030 climate change target next month

Reuters BRUSSELS – The European Union has drafted a deal to curb greenhouse gas emissions by at least 55% by 2030, against 1990 levels, a target it hopes its 27 members will endorse at a summit next month, the document showed. If the Dec 10-11 EU leaders’ meeting approves the draft conclusions seen by Reuters, it could make the EU

Pandemic Causes Record Decline In U.S. Carbon Emissions - oilangas360

Pandemic Causes Record Decline In U.S. Carbon Emissions

Forbs Last week BloombergNEF (BNEF) published a new report that quantifies the impact of the Covid-19 pandemic on U.S. carbon dioxide emissions. The report estimates that 2020 emissions will be 9.2% lower than in 2019, reaching a level last seen in 1983. At that time, BNEF notes, the economy was 60% smaller than it is today. Although U.S. carbon dioxide emissions

Total and ADNOC sign strategic framework agreement on CO2 emissions reduction and CCUS - oilandgas360

Total and ADNOC sign strategic framework agreement on CO2 emissions reduction and CCUS

Energy-pedia Total has signed a strategic framework agreement with the Abu Dhabi National Oil Company (ADNOC), to explore joint research, development and deployment partnership opportunities in the areas of CO2 emission reductions and carbon capture, utilization and storage (CCUS). The agreement brings together the best-in-class in low carbon technologies from ADNOC and Total, and expands on the long-standing partnership and collaboration between

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

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. I can lose my laptop power supply in my briefcase, but we talked about the technology from both companies that can

Recent legislation would reduce the U.S. Strategic Petroleum Reserve- oil and gas 360

U.S. energy-related carbon dioxide emissions fell in 2019, mainly in electric generation

EIA After rising by 3% in 2018, energy-related carbon dioxide (CO2) emissions fell 3% in the United States in 2019. According to the U.S. Energy Information Administration’s (EIA) U.S. Energy-Related Carbon Dioxide Emissions, 2019 analysis, total energy-related CO2 emissions in 2019 were about 150 million metric tons (MMmt) lower than their 2018 level. EIA attributes nearly all (96%) of this decline to

Australia state unveils $23 billion energy roadmap in renewables push- oil and gas 360

Australia state unveils $23 billion energy roadmap in renewables push

Reuters SYDNEY  – Australia’s New South Wales (NSW) state said on Monday it would shift toward renewable energy from coal and aimed to lure A$32 billion ($23.3 billion) of private investment into the sector in the next decade. Australia’s most populous state said it would cut red tape and speed up approvals for businesses to invest in renewable energy projects,

italys Snam takes first step into Israel with LNG hydrogen plans -oilandgas360

Italy’s Snam takes first step into Israel with LNG, hydrogen plans – shows strong interdependence of fossil and renewable

EnergyWorld Oil & Gas 360 Publishers Note: The interdependence of Hydrogen and Natural Gas is being confirmed again. Hydrogen does not become economical with out Natural Gas and it’s infrastructure.  – This is a good thing having the balance to lower carbon emissions and costs to consumers.  Europe’s biggest gas transport operator said it had agreed with Israel energy explorer