NewEnergyNews: THE LOOMING CLIMATE CHANGE THREAT TO BIG OIL

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-‘Carbon Ideoologies’ – A Big Warning
  • FRIDAY WORLD HEADLINE-New Energy Is Setting Records In Europe
  • FRIDAY WORLD HEADLINE-China Taking The New Energy Lead
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, July 19:

  • TTTA Thursday-New Energy Cut California’s Emissions
  • TTTA Thursday-New Energy Beyond Its Tax Credits
  • TTTA Thursday-The New Energy Stock To Buy?
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: Is cap and trade the climate solution? The jury's still out
  • ORIGINAL REPORTING: Why are the newest distribution system buzzwords 'hosting capacity analysis'?
  • THE DAY BEFORE THAT

  • ALL-STAR GAME DAY STUDY: All Star Air Pollution Data
  • QUICK NEWS, July 17: Offshore Wind Price Competitive With Nuclear; Solar Spreading As New Energy Costs Plummet
  • THE LAST DAY UP HERE

  • TODAY’s STUDY: Making Offshore Wind Work
  • QUICK NEWS, July 16: Baseball, Moneyball, and Climate Change; How Long Will New Energy Need NatGas?
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    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

    -------------------

    -------------------

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

    -------------------

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

  • ---------------
  • WEEKEND VIDEOS, July 21-21:

  • Supreme Court Nominee’s Climate Record
  • The Good That Wind Does
  • How Solar Serves The Heartlands

    Thursday, May 07, 2015

    THE LOOMING CLIMATE CHANGE THREAT TO BIG OIL

    Big Oil’s Disruptive Climate Change; Oil majors face a real risk of stranded assets—and not just related to efforts to limit carbon emissions.

    Liam Denning, May 6, 2015 (Wall Street Journal)

    “Even as oil rallies back above $60 a barrel, obituaries are being drafted. Oil majors face questions from shareholders concerned the threat of climate change means some of the reserves underpinning the companies will never be produced…[This risk of stranded assets] is real…Saudi Arabia’s decision to keep pumping despite the drop in oil prices…indicated concern about long-term demand in the face of technological and regulatory threats…Citigroup estimates as much as 40% of the current investment cycle—about $1.4 trillion—may have gone into or be going into projects that struggle to generate acceptable returns at oil prices below $75 a barrel…Right now, Brent crude futures for the next five years average about $74 a barrel…” click here for more

    0 Comments:

    Post a Comment

    << Home