Oxy rejects carbon tax, endorses 45Q credit structure: Hollub
Occidental Petroleum Corporation (Oxy) has rejected the proposed U.S. carbon tax, preferring the existing system of tax credits designed to push oil companies to store...
Tag : Climate change
Biden admin targets new 30 GW of offshore wind to fight climate crisis
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The Biden administration unveiled this Monday a plan to deploy 30 gigawatts of new offshore wind capacity to tackle the climate crisis. The plan includes...
Factors Affecting the Push Toward a Green Hydrogen Economy
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As the world continues to grapple with the threats posed by climate change, global decarbonization efforts have taken center stage. Therefore, green hydrogen could be...
FERC to assess ways for power reliability; to inquire market manipulation
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FERC will initiate an investigation on ways to ensure power reliability in the face of climate change and its possible threat to the grid; it...
IEA urges the oil and gas sector to cut methane emissions
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On Monday, the International Energy Agency (IEA) announced methane emissions from the oil and gas industry fell by an estimated 10% in 2020 in response...
Total quits American Petroleum Institute (API)
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French oil giant Total announced Friday it is quitting the American Petroleum Institute (API), becoming the first major petroleum company to leave the trade group....
BlackRock makes climate change central to its 2021 investment strategy
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BlackRock, the world’s largest asset manager, announced updates to its investment strategy for 2021. Among the implemented changes, BlackRock said it expects companies to disclose...
Holy Cross Energy to become 100% clean by 2030
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Holy Cross Energy, an electrical Glenwood Springs, Colorado-based cooperative, is working on multiple pathways to becoming 100% renewable energy, seeking to achieve it by 2030....
Despite renewables, global CO2 emissions to grow 4% in 2021: S&P
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Despite the renewable energy growth and the net-zero carbon emissions goals that have spread among countries and governments, global CO2 emissions will likely grow 1,4...
WoodMackenzie – What will shape the energy world in 2021?
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According to WoodMackenzie energy experts, there are four critical sector-related topics to pay attention to in 2021: the effects of the Covid-19 vaccine, action on...