Methane, Carbon dioxide, Greenhouse gas, Natural gas, Fossil fuel, Petroleum

U.S. and European Oil Giants Go Different Ways on Climate Change

On Sep 22, 2020
@nytimes shared
“Despite rising emissions and societal demand for climate action, U.S. oil majors are betting on a long-term future for oil and gas, while the European majors are gambling on a future as electricity providers,” a former energy official said. https://t.co/VGtw0iZpta
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While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.

www.nytimes.com
On Sep 22, 2020
@nytimes shared
“Despite rising emissions and societal demand for climate action, U.S. oil majors are betting on a long-term future for oil and gas, while the European majors are gambling on a future as electricity providers,” a former energy official said. https://t.co/VGtw0iZpta
Open

U.S. and European Oil Giants Go Different Ways on Climate Change

U.S. and European Oil Giants Go Different Ways on Climate Change

While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.

Blamed for Climate Change, Oil Companies Invest in Carbon Removal

Blamed for Climate Change, Oil Companies Invest in Carbon Removal

Chevron, Occidental Petroleum and BHP have invested in Carbon Engineering, a start-up developing technology to take carbon out of the atmosphere.

Despite talk of cleaner strategy, Big Oil sticks to business as usual

Despite talk of cleaner strategy, Big Oil sticks to business as usual

The largest integrated oil companies talk a big game on climate, but investors and campaigners say the industry is moving far too slowly to cut emissions — and retain its own relevance.

Finance dries up for coal, but flows on for oil and gas

Finance dries up for coal, but flows on for oil and gas

The G7 could lead the way by putting its $100 billion a year support for fossil fuels to better use FOSSIL FINANCE The world’s largest investment funds have provided $713.3 billion in ...

What’s Behind Big Oil’s Promises of Emissions Cuts? Lots of Wiggle Room.

What’s Behind Big Oil’s Promises of Emissions Cuts? Lots of Wiggle Room.

Here’s what the major fossil fuel companies are committing to do on climate change, and how that falls far short of what’s needed.

Coronavirus stimulus money will be wasted on fossil fuels

Coronavirus stimulus money will be wasted on fossil fuels

Oil and gas companies were already facing structural problems before Covid-19 and are in long-term decline.

U.S. oil boom vs Europe's renewables focus? Big Oil's gap widens -- in words

U.S. oil boom vs Europe's renewables focus? Big Oil's gap widens -- in words

Exxon and Chevron boasted to investors this week about booming U.S. oil producti...

ExxonMobil On Trial Over Business Impact Of Climate Change

ExxonMobil On Trial Over Business Impact Of Climate Change

ExxonMobil goes on trial over charges it defrauded investors about climate change.

Labor Helps Obama Energy Secretary Push and Profit from 'Net Zero' Fossil Fuels

Labor Helps Obama Energy Secretary Push and Profit from 'Net Zero' Fossil Fuels

Progressive activists have called for a Green New Deal, a linking of the U.S. climate and labor movements to create an equitable and decarbonized economy and move away from fossil fuels to ...

How Big Oil could walk the talk on climate change

How Big Oil could walk the talk on climate change

These major contributors to global warming must swiftly get on board with climate action—or get out of the way.

Will the coronavirus kill the oil industry and help save the climate?

Will the coronavirus kill the oil industry and help save the climate?

Analysts say the coronavirus and a savage price war means the oil and gas sector will never be the same again

Plastics Plants Are Poised to Be the Next Big Carbon Superpolluters

Plastics Plants Are Poised to Be the Next Big Carbon Superpolluters

A boom in petrochemical plants driven by cheap natural gas could lock in greenhouse emissions for decades to come

Big Oil must choose: bad guys or good guys on climate change [Editorial]

Big Oil must choose: bad guys or good guys on climate change [Editorial]

<p>There is no better place to be in the energy industry than the United States. EPA Administrator Andrew Wheeler made that much clear during his opening statement at CERAWeek.</p> <p>“If ...

Activist shareholders grant Shell climate targets reprieve

Activist shareholders grant Shell climate targets reprieve

The FT reports activist shareholders will grant Royal Dutch Shell a reprieve over climate targets ahead of the company’s annual general meeting next month.

From Climate Denial to “Green” Petroleum: Massachusetts Accuses Exxon Mobil of Deceptive Messaging

From Climate Denial to “Green” Petroleum: Massachusetts Accuses Exxon Mobil of Deceptive Messaging

From sowing doubt about climate change to marketing “green” petroleum products, Exxon Mobil has a history of deception, according to the lawsuit.