Climate Goals Could Sink Oil Demand From Mid 2020s
If no new climate policies are implemented, oil demand could plateau at around 110,000 MMbbl/d from around 2030, according to the study.
April 11, 2019
Emissions
Maryland Lawmakers Pass Legislation Doubling Renewable Standard, Examine Pathways for 100% Goal
The Maryland legislation would also require new offshore wind capacity, beginning with at least 400 megawatts in 2026, increasing to 800 megawatts in 2028, and 1,200 megawatts in 2030.
April 10, 2019
Energy Rivalries
The global footprint of U.S. shale has created heated competition between the U.S. and OPEC, said speakers at CERAWeek by IHS Markit last month.
April 8, 2019
New Mexico Governor Signs Efficiency Bill Decoupling Energy Use From Utility Revenue
The legislation also mandates the adoption of energy efficiency and load management programs by every public utility, such that by 2025 they achieve savings of at least 5% of 2020 total retail kilowatt-hour sales to eligible New Mexico customers.
April 8, 2019
Activist Group Withdraws Resolution Challenging Shell Climate Policy
An activist group said it has withdrawn a shareholder resolution calling on Royal Dutch Shell to change its climate policy after the oil andgas company reached a broad agreement with investors on the issue.
April 7, 2019
Shell Faces Lawsuit From Climate Change Activists Over Fossil Fuels
Shell on April 5 said the case should not be brought to court as it supports the 2015 Paris Agreement pact and has promised to cut its contribution to global greenhouse gas emissions.
April 5, 2019
IEA’s Climate Models Criticized As Too Fossil-Fuel Friendly
Investors say the IEA’s benchmark energy forecasts are not in line with the latest climate science.
April 3, 2019
US Regulator Rules Out Exxon Mobil Shareholder Vote On Climate Resolution
Exxon Mobil is not required to let its shareholders vote on setting greenhouse gas emissions targets, the U.S. Securities and Exchange Commission said.
April 3, 2019
Colorado Oil And Gas: Battleground State
The Colorado oil and gas industry is on the state’s endangered list, fighting a running battle with activists intent on stopping fracking. Now the industry faces renewed legislative challenges.
April 1, 2019
EIA Report: Renewable Natural Gas Is Being Used To Decarbonize California’s Transportation Sector
RNG has been increasingly consumed as part of California’s Low Carbon Fuel Standard, which is part of California’s 2006 Global Warming Solutions Act (Assembly Bill-32), to reduce the carbon intensity of the state’s transportation fuel sector by 20% by 2030 relative to a 2010 baseline.
March 29, 2019