Category Archives: petroleum

`Exxon Shareholders Approve Climate Resolution: 62% Vote for Disclosure’

Flash from InsideClimate News: ExxonMobil shareholders voted Wednesday to require the world’s largest oil and gas company to report on the impacts of climate change to its business—defying management, and marking a milestone in a 28-year effort by activist investors. … Continue reading

Posted in Anthropocene, Bloomberg, Bloomberg New Energy Finance, BNEF, bridge to nowhere, business, capitalism, Carbon Worshipers, clean disruption, climate, climate business, climate change, climate disruption, climate economics, corporations, destructive economic development, environmental law, extended supply chains, Exxon, fossil fuel divestment, fossil fuel infrastructure, fossil fuels, Global Carbon Project, global warming, greenhouse gases, Hyper Anthropocene, investing, investments, Joseph Schumpeter, leaving fossil fuels in the ground, making money, Our Children's Trust, petroleum, pollution, rationality, reason, reasonableness, statistics, stranded assets, sustainability, the right to know, the tragedy of our present civilization, the value of financial assets, tragedy of the horizon, zero carbon | Leave a comment

TOO LATE: “There will be no golden age of [natural] gas”

Last month, Tom Randall at Bloomberg New Energy Finance (“BNEF”) profiled a new forecast which shows costs for zero Carbon energy and energy are plummetting so fast that coal, oil, and natural gas will begin their terminal decline within a … Continue reading

Posted in adaptation, American Petroleum Institute, Anthropocene, Bloomberg, Bloomberg New Energy Finance, BNEF, bridge to nowhere, Buckminster Fuller, Chevron, citizenship, clean disruption, climate change, climate disruption, climate economics, climate justice, decentralized electric power generation, decentralized energy, disruption, distributed generation, Ecology Action, economics, efficiency, electricity, electricity markets, energy, energy storage, energy utilities, engineering, explosive methane, Exxon, false advertising, forecasting, fossil fuel divestment, fossil fuels, fracking, geoengineering, global warming, green tech, greenhouse gases, grid defection, Gulf Oil, Hermann Scheer, Hyper Anthropocene, investment in wind and solar energy, ISO-NE, Joseph Schumpeter, leaving fossil fuels in the ground, Mathematics and Climate Research Network, methane, microgrids, natural gas, petroleum, pipelines, rate of return regulation, rationality, reason, reasonableness, regime shifts, risk, solar domination, solar energy, solar power, Standard Oil of California, stranded assets, supply chains, sustainability, the energy of the people, the green century, the right to be and act stupid, the right to know, the stack of lies, the tragedy of our present civilization, the value of financial assets, utility company death spiral, wind energy, wind power, zero carbon | 2 Comments

Natural gas: The Zaphod Beeblebrox of energy

Amber Lin at The Bulletin of the Atomic Scientists describes the two-headed character of natural gas plants needed to implement “natural gas as a bridge fuel”, and sketches the stark reality proponents of that argument are embracing if they are … Continue reading

Posted in adaptation, Anthropocene, atmosphere, Bloomberg, Bloomberg New Energy Finance, BNEF, bridge to nowhere, bridge to somewhere, carbon dioxide, Carbon Tax, Carbon Worshipers, citizenship, civilization, climate, climate change, climate disruption, climate economics, consumption, decentralized electric power generation, decentralized energy, distributed generation, electricity, electricity markets, energy, energy utilities, explosive methane, fossil fuel divestment, fossil fuels, fracking, gas pipeline leaks, global warming, greenhouse gases, greenwashing, Hyper Anthropocene, investment in wind and solar energy, leaving fossil fuels in the ground, Massachusetts, Massachusetts Clean Energy Center, methane, natural gas, networks, petroleum, pipelines, planning, politics, public utility commissions, PUCs, rate of return regulation, rationality, reason, reasonableness, regulatory capture, Sankey diagram, solar domination, stranded assets, supply chains, the energy of the people, the green century, the right to be and act stupid, the right to know, the tragedy of our present civilization, the value of financial assets, zero carbon | 1 Comment

“The climate talks [in Paris] were a fraud”

Dr James Hansen on The Open Mind. “Signatures won’t save the climate”, writes Danielle Ola at PVTech. And, despite the good news below, Bloomberg New Energy Finance warns: The 2⁰C scenario would require much more money. On top of the … Continue reading

Posted in adaptation, Anthropocene, Carbon Worshipers, citizenship, climate change, climate disruption, Daniel Kahneman, Eaarth, ecology, Ecology Action, environment, environmental law, fossil fuel divestment, fossil fuels, geophysics, global warming, greenhouse gases, Hyper Anthropocene, James Hansen, leaving fossil fuels in the ground, liberal climate deniers, meteorology, mitigation, natural gas, Neill deGrasse Tyson, oceanography, Our Children's Trust, petroleum, pipelines, rationality, reasonableness, science, Spaceship Earth, sustainability, the energy of the people, the green century, the right to be and act stupid, UU Humanists, Warren Buffett, zero carbon | 4 Comments

“Oil’s Big Dive” (by Peter Sinclair)

Originally posted on Climate Denial Crock of the Week:
I posted last week the news that Saudi Arabia seems to have recognized that the age of Oil is drawing to an  end. Below, Amory Lovins Whale oil analogy might have…

Posted in American Petroleum Institute, Bloomberg New Energy Finance, BNEF, bridge to nowhere, Carbon Worshipers, Chevron, citizenship, clean disruption, conservation, consumption, corporate litigation on damage from fossil fuel emissions, corporate supply chains, decentralized electric power generation, decentralized energy, demand-side solutions, destructive economic development, disruption, distributed generation, economics, energy, energy reduction, energy utilities, engineering, extended supply chains, Exxon, fossil fuel divestment, fossil fuels, fracking, Gulf Oil, investing, investment in wind and solar energy, local generation, methane, natural gas, petroleum, pipelines, public utility commissions, PUCs, rate of return regulation, rationality, reasonableness, regime shifts, regulatory capture, resiliency, risk, Sankey diagram, solar domination, supply chains, Texaco, the tragedy of our present civilization, the value of financial assets, utility company death spiral | Leave a comment