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

  • ORIGINAL REPORTING: How California Is Easing Off NatGas With New Energy
  • ORIGINAL REPORTING: Illinois cloud computing debate could open utility rate reform
  • THE DAY BEFORE

  • TODAY’S STUDY: The Value Of Transportation Elecrification
  • QUICK NEWS, December 12: The “Fight-Climate-Change” Diet; Market For Advanced EV Batteries To Quadruple By 2026; The Low Lifecycle Costs In New Energy
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: How The New Energy Marketplace Is Growing And Shifting
  • QUICK NEWS, December 11: N.C. Millennial Women Unite For Climate Fight; The White House Threat To New Energy; What’s Bad News In The Tax Bill For New Energy
  • THE DAY BEFORE THAT

  • Weekend Video: Tesla Adds World’s Biggest Battery To Aussie Wind
  • Weekend Video: Solar And The Next Utilities
  • Weekend Video: Wind Builders On Wind
  • THE LAST DAY UP HERE

  • FRIDAY WORLD HEADLINE-The Climate Change Gourmet
  • FRIDAY WORLD HEADLINE-UK Study Says Yes To Solar-Powered Electric Trains
  • FRIDAY WORLD HEADLINE-First Aussie Ocean Wind Project Gets $8BIL Funding
  • FRIDAY WORLD HEADLINE-EU Solar Goes Digital To Open New Services
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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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  • TODAY AT NewEnergyNews, December 13:

  • ORIGINAL REPORTING: How California Is Easing Off NatGas With New Energy
  • ORIGINAL REPORTING: Illinois cloud computing debate could open utility rate reform

    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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