Ann Arbor (Informed Comment) – Ashton Nichols at The Dallas Morning News reports that ExxonMobil lost over $1 billion in the second quarter, up from a $600 million lost in the first. Year on year, its revenues are down 33% for the first half of this year. It has been forced to close down half […]
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Energy
Yemen: Houthi Stonewalling on Leaking Oil Supertanker endangers Red Sea Ecology, 30 Million Livelihoods
( Human Rights Watch) – Houthi authorities in Yemen should immediately permit United Nations experts access to a supertanker moored off Yemen’s coast that risks spilling over a million barrels of crude oil into the Red Sea, Human Rights Watch said today. The UN says a spill would have catastrophic environmental and humanitarian consequences, including […]
Energy isn’t just electricity – the common mistake obscuring the mammoth task of decarbonisation
By George Loumakis | – One of the first things I teach students is the difference between energy and electricity. Electricity is a particular form of energy, but often the two words are used interchangeably. Britain recently celebrated its longest streak without burning coal to generate electricity. For the first quarter of 2020, global electricity […]
Floating wind farms: how to make them the future of green electricity
By Susan Gourvenec | – Since 2010, wind energy has seen sustained growth worldwide, with the amount of energy generated by offshore wind increasing by nearly 30% each year. Countries around the world need to ramp up renewable energy supply quickly to meet growing demand and rapidly reduce emissions. Despite this urgency, offshore wind currently […]
Dems in Congress Craft Net Zero Carbon Climate Plan, aiming at Environmental Justice
By Misha Jones ( Cronkite News) | WASHINGTON – In the South Phoenix neighborhood of Lindo Park-Roesley Park, temperatures can be up to 13 degrees higher than locations just 2 miles away, according to the Nature Conservancy. Communities that are predominantly Hispanic and Black, like Lindo Park-Roesley Park, are part of the focus in a […]
Coal and Covid: Trump Facilitates both in a backward US as Europe makes strides against Both
Ann Arbor (Informed Comment) – The US management of the Covid-19 crisis has been horrible compared to Europe, as the famous chart makes clear. I don’t know if the bar-goers actually know how to read a chart, but that line going up is the US and that is bad, and the line hugging the bottom […]
Was February ’20 Peak Oil Demand? Petroleum might never Recover From Covid-19 and EVs
Ann Arbor (Informed Comment) – Julien Mieville at AFP asks the big question: Has global demand for petroleum peaked? The meme of “peak oil” once referred to the notion that production would at some point peak and then fall, driving prices sky high, but that theory developed before the fracking revolution and was never very […]
Over Half of Germany’s Power Use in 1st Half of 2020 was from Wind and Solar, as Coal Sank
By Julian Wettengel | – Renewables covered more than half of Germany’s power consumption in the first six months of 2020, according to a first estimate by think tank Agora Energiewende*. As coal use dropped and demand was low due to the coronavirus crisis and energy sector emissions fell significantly. Germany will most likely reach […]
The Corporations that are Swinging behind Green Energy may make all the Difference in Climate Emergency
By Zdravka Tzankova | – The Research Brief is a short take about interesting academic work. The big idea My new analysis of companies that seek to buy renewable electricity finds that business is becoming a powerful new ally in the U.S. political battle to stop climate change. Driven by pressure from environmental groups and […]