Environment - Today in Oil and Gas

Global Energy Consumption Forecasting in the Age of Climate Change – Yogi Schulz

CDN and International News, Energy Commentary, Energy Topics & Technology, Environment, Forecasts, Latest / By mark

By Yogi Schulz Energy consumption forecasting has become more complex due to economic and population growth uncertainties. While the pace of the energy transition will not determine global energy consumption, it will determine the mix of various energy sources throughout the forecast period. Forecasting how the mix of various energy sources will evolve adds more …

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Wall Street Wants You to Know Profit Comes Before Net Zero – Energy Transition Investments Have to be Profitable

Energy Topics & Technology, Environment, Latest, Net Zero, US News / By mark

Banks say their first priority is delivering financial returns for clients—and that means energy-transition investments need to be profitable. Ever since a short clause in the 2015 Paris Agreement called for private funding to support a reduction in global greenhouse gas emissions, the role of the finance sector in delivering climate action has been subject to increasing …

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COP29 Leaders Unveil Climate Funding and Energy Storage Goals

CDN and International News, Conferences, Energy Topics & Technology, Environment, Events, Latest / By mark

Summary Azerbaijan sets out ambitions for COP29 Summit Countries need to set new financing target Developing nations need more financial aid from wealthier countries Baku outlines more than a dozen side initiatives LONDON, Sept 17 (Reuters) – Less than two months ahead of the COP29 United Nations Climate Summit, the Azerbaijani leadership laid out its …

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Canada Oil Industry Group Calls for Changes to Anti-Greenwashing Laws

CDN and International News, Conventional Energy, Energy Topics & Technology, Environment, Latest, Natural Gas, Oil / By mark

(Reuters) – The Canadian Association of Petroleum Producers (CAPP) on Thursday urged the country’s Competition Bureau to make changes to anti-greenwashing legislation passed earlier this year, and repeated calls for recent amendments to the law to be scrapped entirely. CONTEXT The Competition Bureau is developing guidance on how companies should interpret recent changes to Canada’s Competition …

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OPINION: Why Kamala Harris Could be Good for the Planet

Conventional Energy, Energy Commentary, Energy Topics & Technology, Environment, Latest, Natural Gas, Oil, Tri-Pinned, US News / By mark

By Hugo Dixon (Reuters Breakingviews) – Donald Trump has called climate change a “hoax”, while Kamala Harris says it is an “existential threat”. Those who care about limiting global warming will therefore be hoping the U.S. vice president wins the race for the White House. Scrutinise Harris’ words since she became the Democratic Party’s presidential …

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Why Doesn’t Harris Talk About Climate Change?

Energy Topics & Technology, Environment, Latest, US News / By mark

Americans place global warming high on their list of worries but low on their list of voting priorities. By Mark Gongloff Mark Gongloff is a Bloomberg Opinion editor and columnist covering climate change. He previously worked for Fortune.com, the Huffington Post and the Wall Street Journal. Politicians usually pay attention to issues that two-thirds of Americans …

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Explainer: What Are Harris’ Business Views? Friendly to Big Tech, Aggressive in Climate Fight

Energy Commentary, Energy Topics & Technology, Environment, Latest, Pinned Primary, US News / By mark

(Reuters) – U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics. BIG TECH As a candidate for California attorney general, Harris reportedly assured potential donors that she was “a capitalist.” She has generally been seen as …

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Climate Activists Arrested After Protest at Citi’s New York Headquarters

Energy Topics & Technology, Environment, Latest, US News / By mark

Dozens of climate activists were arrested after protesting at Citigroup’sheadquarters in New York on Friday as part of what they called a “Summer of Heat” campaign. Climate groups have been targeting Wall Street banks in a campaign against their financing of fossil fuel projects. Police arrested 61 protesters on Friday, with charges pending, while two …

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More State Officials Oppose Exxon Directors Over Climate Lawsuit

Energy Topics & Technology, Environment, Exploration & Production, Latest, US News / By mark

A group of state financial officers and other public and labor leaders called on Tuesday for major asset managers to vote against top Exxon directors, citing the U.S. oil company’s ongoing lawsuit against climate activists. The group including New York City Comptroller Brad Lander and the state treasurers of Connecticut, Nevada and other states called …

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How the Shipping Industry Is Trying to Cut Its Billion Tons of CO2 Emissions

CDN and International News, Emission Reduction, Energy Topics & Technology, Environment, Latest / By mark

Shipping’s global regulator is pushing the industry to achieve net zero greenhouse gas emissions by mid-century. Getting there will mean transforming a sector that’s still largely powered by fossil fuels and accounts for about 3% of human-made carbon dioxide. 1. What’s the current state of play? Shipping carries more than 80% of world trade and in total emitted more …

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