Will President Biden bring forward the carbon fee-and-dividend?

Climate scientist James Hansen in his latest blog, Fighting the Battles, Winning the War – once again reminds us of the carbon fee-and-dividend. And that President Joe Biden has the authority to bring it forward. Meanwhile, Canada already has a carbon fee-and-dividend, with British Columbia operating a system very similar to Fee and Dividend, as…

Why the Coronavirus Oil Crash is Good

Update 3/11/20 OilPrice: As a result, the immediate victim will be U.S. shale. “[O]il should bottom out when producers begin physically shutting in wells, which is indeed what set the floor four years ago,” the investment bank added. The carbon bubble is a hypothesized bubble in the valuation of companies dependent on fossil-fuel-based energy production, because the true costs of carbon…

Why Saudi Arabia should be excluded from Climate Talks (unless they start to take climate seriously)

The Climate Wars: Saudi Web servers were among the first used to post the stolen materials, and Saudi Arabia was the first country to call for an investigation of climate scientists in what came to be known as climategate, leading some to suggest that Saudi Arabia – the world’s single largest exporter of oil –…

Oil Wars, Fossil Fuel Subsidies and the Global Climate Crisis

An oil war is a conflict about petroleum resources, or their transportation, consumption, or regulation. The term may also refer generally to any conflict in a region that contains oil reserves or is geographically positioned in a location where an entity has or may wish to develop production or transportation infrastructure for petroleum products. Historically,…

Big Oil Gives In to Common Sense and Invests in Renewable Energy

In case you missed it, pigs have sprouted wings, hell is an ice skating rink, and oil and gas companies are investing in clean technologies at unprecedented levels. That’s right, Big Oil is pouring billions of investment dollars into clean energy. Some of the largest oil companies have made or announced plans to invest piles…