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

  • TODAY’S STUDY: The Wires New Energy Needs
  • QUICK NEWS, January 22: Lloyd’s Of London Declares Coal A Bad Bet; Solar’s Peak Demand Power Knocks Out Old Energy; U.S. Wind Energy Push Praised By Global Wind Leader
  • THE DAY BEFORE

  • Weekend Video: On 100% New Energy
  • Weekend Video: More On The Hot-Cold Climate Conundrum
  • Weekend Video: New Energy Is Coming
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Cover of Time: The Great Crack-Up
  • FRIDAY WORLD HEADLINE-New Energy Beats Dirty Energy On Cost Around The World
  • FRIDAY WORLD HEADLINE-Aussie 2017 Solar Buildout Set Records
  • FRIDAY WORLD HEADLINE-French Plan 5-Year Wind Boom
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, January 18:

  • TTTA Thursday-Climate Change And Mind Games
  • TTTA Thursday-The Great Winds On The Great Lakes
  • TTTA Thursday-Why America First Could Leave Solar Last
  • TTTA Thursday-Where Next-Gen Biofuels Will Work
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: A Lot Of Dam Potential -- With pumped storage, hydropower can grow 50% by 2050
  • ORIGINAL REPORTING: Utilities Cautiously Advance EV Charger Buildout
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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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  • TODAY AT NewEnergyNews, January 23:

  • TODAY’S STUDY: Global New Energy Right Now
  • QUICK NEWS, January 23: Do You Know What The Climate Change Monster Looks Like?; Arizona Looks At Big Wind Buy; Trump's Solar Tariff Makes America A Loser Again

    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

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