An oil company CEO endorsing a global carbon tax? Forbes energy reporter Christopher Helman says he’s never heard the head of an American oil giant do it, although many – including ExxonMobil – factor a carbon price into their long-term planning. So he was surprised this week when recently installed Statoil CEO Eldar Saetre offered up just… Keep reading →
Cowboys, frontier grit, accented English, and wild, wide open spaces are just a few of the similarities shared by Texas and Australia. Both places also have an energy-water problem. But, the good news for Texas is that it’s not too late for us to learn from Australia’s mistakes – and a few successes, too. In… Keep reading →
This speech is important. Royal Dutch Shell CEO Ben Van Beurden says that it is time for the oil industry to join the debate over climate change. Shell has long advocated for a price on carbon, but in a speech Thursday in London he took the message farther by saying: “Our sector needs to enter… Keep reading →
The Intergovernmental Panel on Climate Change (IPCC) released what it calls the Synthesis Report on Sunday, which incorporates findings from the IPCC Fifth Assessment Report produced by over 800 scientists and released over the past 13 months. The latest report confirms the serious risks that climate change poses, indicates climate change impacts are already occurring… Keep reading →
“I’m not a scientist,” has emerged as go-to republican messaging on climate change in the run-up to midterm elections. Essentially, the response means “I’m not going to talk about this issue,” but climate change has already come up in several political debates around the US. “It’s got to be the dumbest answer I’ve ever heard,”… Keep reading →
A new report released by the Canadian Pembina Institute and the Pacific Institute for Climate Solutions looks at British Columbia’s (B.C.) liquefied natural gas (LNG) strategy to serve the lucrative Asian gas market through the prism of global climate change in a carbon-constrained world. “Natural gas is often described as a bridge fuel. The question… Keep reading →
According to some, the power of greed shapes and drives our capital markets, and it is this greed that has led to the industrialization of the global society and ultimately to the buildup of excessive levels of Green House Gases (GHGs). Can the same capital markets save us from catastrophic climate change? Our answer to… Keep reading →
The German government is providing the country’s largest utility E.ON loans to help competitively bid for global LNG supply as Berlin seeks to diversify gas import sources away from Russia. The loans strengthen E.ON’s credit rating and help the company compete with government-backed companies that LNG suppliers favor. “Those guarantees have in the past been… Keep reading →
On June 23, the new Australian Government lead by Prime Minister Tony Abbott reintroduced a package of bills to repeal the Australian carbon tax. Dismantling the predecessor government’s carbon laws – including the Climate Change Authority and the mining tax – is regarded a top priority by PM Abbott and, therefore, has been placed on… Keep reading →
As pressure to get institutional investors to divest holdings in fossil fuel-related companies increases, pension funds appear to be reacting slower than several college endowments. The logic advanced by climate activists is that as carbon pricing policies proliferate globally, companies that generate significant portions of their revenue from oil production or coal mining, for example,… Keep reading →
