NewEnergyNews: CLIMATE CHANGE COSTING BIG OIL BIG

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-More Migrants From Climate Change Than From War
  • FRIDAY WORLD HEADLINE-India’s New Energy Jobs Boom
  • FRIDAY WORLD HEADLINE-Japan’s Nissan Moves Into Solar-Plus-Storage In UK
  • FRIDAY WORLD HEADLINE-Big Economic Boosts From EU Wind
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, May 17:

  • TTTA Thursday-Alaska On The Climate Change Front Lines
  • TTTA Thursday-The More Renewables, The More The Price Drops
  • TTTA Thursday-Building A Better Battery From Solar And Water
  • TTTA Thursday-Nuclear Power Going Broke
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: Uptown Funk – Where will NYC get its peak demand capacity?
  • ORIGINAL REPORTING: Technology, markets and contracts — The keys to profiting from California's duck curve
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: New Numbers Show Community Solar Boom
  • QUICK NEWS, May 15: Younger Republicans Starting To Get Climate Change; California’s Solar Bump; Where The Wind Is
  • THE LAST DAY UP HERE

  • Ocean Wind In The World Now
  • QUICK NEWS, May 14: Climate Change By Any Other Name; The Benefits Of Solar; California Ocean Wind In Talks With The Navy
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • WEEKEND VIDEOS, May 19-20:

  • About Mr. Pruitt
  • The Impacts Are Now
  • The Winds In New Mexico

    Friday, February 27, 2015

    CLIMATE CHANGE COSTING BIG OIL BIG

    …Shareholders ask the five largest US oil companies – Valero, Exxon Mobil, Marathon Petroleum, Phillips 66 and Chevron – to disclose the risks their operations and facilities face from rising sea levels and storm surges

    Siri Srinivas, 26 February 2015 (UK Guardian)

    “…[The five largest US oil companies were asked to disclose risks to their facilities from climate change impacts like from storms and flooding in letters from investors Calvert Investments, Pax World Management, Walden Asset Management and others and nonprofit advocates Ceres and the Union of Concerned Scientists after Stormy Seas, Rising Risks What Investors Should Know About Climate Change Impacts at Oil Refineries from] the Union of Concerned Scientists concluded that coastal refineries owned by each of the companies – Valero, Chevron, Exxon Mobil, Marathon Petroleum and Phillips 66 – are in danger of potentially costly disruptions due to rising sea levels and storms…Valero’s Meraux refinery in Louisiana faces the starkest physical risk…With forecasts that sea levels in the Gulf of Mexico could rise 3-4 ft (about 1 meter) by the end of the century, parts of the refinery are likely to be inundated by 2050…[It] suffered $330m in damages due to hurricane Katrina...Companies had little to say in response to the report…Of course, it’s difficult to discuss protecting assets from climate change without talking about climate change. And even though public rhetoric has changed, oil companies have funded climate-change denial for decades…” click here for more

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