Time: The questions about climate change for ExxonMobil Chairman and CEO Darren Woods came in rapid succession during Wednesday’s virtual meeting for shareholders. How does the company view a recent report saying the world doesn’t need new investment in oil exploration? Why isn’t the company jumping into renewable energy? And why is ExxonMobil investing in […]
France 24: Dutch courts on Wednesday condemned Shell to reduce its CO2 emissions by 45% by 2030. The oil group was accused by a collective of environmental NGOs of not doing enough to align with the Paris agreement. Dutch courts ruled: the oil group Shell was ordered, Wednesday, May 26, to reduce its CO 2 […]
The Record: If we are going to achieve net-zero emissions in Canada to deal with our climate crisis, we need both the tried and true methods as well as “wild cards,” advises the Canadian Institute of Climate Choices. The new federal budget seems to reflect that advice. Billions of dollars are going to tried-and-true carbon […]
Energy Tracker Asia: Owing to the decline in coal demand and strong criticism by climate institutions, global financiers across the world have started distancing themselves from fossil fuel investments. In its recent draft energy policy, the Asian Development Bank (ADB) declared that it will not indulge in coal financing. However, the Philippines-based global bank stated […]
Grist: Guyanese citizens have filed a constitutional case that pushes back on industry giant ExxonMobil’s plans to boost fossil fuel production off the country’s coast — charging that the expansion violates citizens’ constitutional rights to a healthy environment and the rights of future generations. The case, filed by University of Guyana scientist Troy Thomas and […]
The Business Standard: The upcoming power master plan should address the issues of overcapacity and expensive energy sources to bring financial stability in the power sector, said the US-based Institute for Energy Economics and Financial Analysis (IEEFA) in a report. The report said the Integrated Energy and Power Master Plan would have to align with […]
Governing: A team of veteran energy developers is putting the building blocks in place to potentially convert San Juan County, N.M., into a “hydrogen hub” to supply clean electricity to western utilities, plus non-carbon fuel for vehicles and industrial processes. Libertad Power Project LLC says it could have its first hydrogen-fueled generating station up and […]
Bloomberg: Nguyen Tuan was watching the sun shine down on his four-hectare cantaloupe farm in southern Vietnam when he realized it could do more than help his crops grow. The 46-year-old installed 40 solar panels on greenhouses at his farm 55 miles outside of Ho Chi Minh City. Thanks to generous subsidies from the national […]
FERC weighs changes to pipeline guidelines, opens public comments
Energywire: As the Federal Energy Regulatory Commission weighs changes to its natural gas pipeline reviews, it’s grappling with a key question: How should it determine whether a project is needed? For years, the agency has signed off on proposals if developers could prove they had customers ready to reserve capacity on their pipeline. But critics […]