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It’s been said many times, especially by the industry who fracks it, that natural gas is a “bridge fuel.” And while natural gas beat out coal as a fuel source and helped bring down U.S. greenhouse gas emissions, it’s far from an emissions-free fuel source. During last year’s CNN climate change town hall, then-presidential candidate […]
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As Greentech Media reported, oil and gas giant BP announced yesterday that it will cut its oil and gas output by 40% by 2030 and increase its low-carbon investment tenfold by then as it begins to detail its 2050 net-zero strategy. This announcement comes after BP head of strategy Giulia Chierchia told investors on a […]
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President Trump trumpeted his trade deal with China, but so far it has been a bust, according to The Wall Street Journal — the Chinese have not purchased nearly the amount of energy (in terms of total dollars) as they promised — only $2B in oil and gas purchases against a commitment of $25B for this year.
Why This Matters: Trump’s energy policy is a colossal failure, especially when measured against his outlandish campaign promise of complete energy independence.
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On Friday, the Energy Department announced it will provide more than $120m in funding to create “coal products innovation centers… [that] …will focus on manufacturing value-added, carbon-based products from coal, as well as developing new methods to extract and process rare earth elements and critical minerals from coal.”
Why This Matters: Coal innovation is an oxymoron or maybe just moronic – and certainly a dubious investment.
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On the fifth anniversary of his historic encyclical “Laudato Si” in which Pope Francis urged Catholics to protect nature and warned of the dangers of failing to address climate change, the Vatican released a guide containing “practical steps” people can take to achieve the goals of the encyclical, including disinvesting from fossil fuel industries, according […]
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Pregnant women in rural California who lived near active oil and gas wells were 40% more likely to give birth to low birthweight babies, according to a new study. The study conducted by University of California researchers is the first to study how California’s network of oil and gas development affects babies born nearby. As […]
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