• World Biggest Investors Raise Coal Holdings (Despite Their Green PR Campaigns)

    • Date: 09/12/18
    • Financial Times

    The world’s biggest investors, including BlackRock, Vanguard and Axa, have ramped up holdings in coal since the landmark Paris climate agreement, raising the question of how seriously they take the issue of tackling global warming. The UN’s Intergovernmental Panel on Climate Change said in October that coal use would have to be heavily reduced to […]

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  • USGS Announces Largest Shale Oil And Gas Field Ever

    • Date: 08/12/18
    • US Geological Survey

    USGS announces an assessment of continuous oil and gas in Texas and New Mexico’s Delaware Basin, the largest USGS has ever conducted, with an estimate of 46.3 billion barrels of oil and 281 trillion cubic feet of natural gas. Assessment units of the Wolfcamp Shale and Bone Spring Formation in the Delaware Basin of Texas […]

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  • Panic Grips Élysée Palace As Carbon Tax Revolt Grows

    • Date: 06/12/18
    • The Times

    President Macron beat a retreat for the second time in two days as farmers, lorry drivers and students joined the tax revolt that is threatening to derail his presidency. After announcing a six-month freeze on fuel duties on Tuesday in an attempt to appease popular anger, Mr Macron backtracked again last night and scrapped next year’s […]

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  • Trump’s Top Adviser Calls For End Of Subsidies For Electric Cars

    • Date: 03/12/18
    • Bloomberg

    President Trump’s top economic adviser on Monday said the White House wants to end subsidies for electric vehicle purchases, without saying how it would eliminate the incentives that were created by Congress. Larry Kudlow, director of the White House National Economic Council, told reporters that electric car subsidies “will all end in the near future,” […]

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  • Coal Is Still King In Global Power Production

    • Date: 02/12/18
    • Press Trust of India

    Despite efforts to tackle global warming, worldwide demand for coal was up one percent last year, mainly due to demand in Asia. Coal remains the most widely used means of electricity production in the world. It also happens to be the biggest emitter of climate-changing carbon dioxide of any fuel. Despite efforts to tackle global […]

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  • Energy Superpower: U.S. Crude Oil And Natural Gas Proved Reserves Set New Records

    • Date: 29/11/18
    • U.S. Energy Information Administration

    High prices and continued development of shale and tight resources drove proved reserves of both U.S. crude oil and natural gas to new records in 2017, according to EIA’s recently released U.S. Crude Oil and Natural Gas Proved Reserves report. Proved reserves of U.S. crude oil increased 19.5% from the end of 2016, reaching 39.2 billion barrels […]

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  • New Coal Boom Looms After Green Light For Adani Coal Mine

    • Date: 29/11/18
    • The Australian

    Australia is on the brink of opening up a massive, untapped coal province after Adani committed to begin construction of its ­controversial Carmichael mine project in central Queensland befor­e Christmas. After almost a decade of ­delays, legal challenges and protest­s, the Indian conglomerate is planning to begin exporting high-quality thermal coal from the Galilee Basin, […]

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  • The Great Oil Crash of 2018

    • Date: 26/11/18
    • Matt Egan, CNN Business

    The meltdown in the oil market has caught almost everyone off guard. In the span of mere weeks, crude prices went from a four-year high to a full-blown bear market. The oil crash — crude is down more than 30% from its recent peak — was triggered by a series of factors that combined to […]

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