2019 May Have Been Peak Year For Oil  Demand, BP Trying to Pivot

2019 May Have Been Peak Year For Oil Demand, BP Trying to Pivot

Yesterday, the world’s leading oil producers, the Organization of Petroleum Exporting Countries (OPEC), projected a larger decrease in oil demand than was predicted earlier in the pandemic.  The Hill reported that OPEC predicts oil demand will drop by 9.46 million barrels per day (bpd) rather than 9.06 million bpd. 

Why This Matters:  Big oil and gas companies like BP may be trying to put a good face on the bleak prognosis for oil, while they try to remain sunny about gas.

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BP Commits To Slashing Its Oil and Gas Operations, A Necessary Step for Climate Action

BP Commits To Slashing Its Oil and Gas Operations, A Necessary Step for Climate Action

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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Cross-party Cooperation on a Green Recovery in the UK, There’s Still Hope for the US to Do the Same

Cross-party Cooperation on a Green Recovery in the UK, There’s Still Hope for the US to Do the Same

by Kate Cullen  “A bipartisan coalition in the U.S. Congress pushes for an economic stimulus that dramatically scales-up the transition to a net zero emissions”  Today, this feels like an unthinkable headline, but after working on these issues in the U.K., I’ve come to believe that bipartisan action to decarbonizing the U.S. economy may not […]

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Apple and Microsoft Take Big Aim at Carbon Neutrality

Apple and Microsoft Take Big Aim at Carbon Neutrality

Yesterday, Microsoft announced that it will be teaming up with Unilever, Starbucks, Mercedes-Benz, Nike, and four other companies to form Transform to Net Zero, an initiative focused on achieving net-zero carbon emissions by 2050. As CNET reported, the team will work with the Environmental Defense Fund to share information on the best practices for decreasing carbon […]

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