Royal Dutch Shell outlined a scenario in which, by 2070, we would be using far less of the company’s own product — oil — as cars become electric, a massive carbon storage industry develops, and transportation begins a shift toward a reliance on hydrogen as an energy carrier.
The plan covers 15 million acres in the Powder River Basin of Montana and Wyoming. The ruling on it is the latest to cite risks of fossil fuels and global warming.
The omens have been accumulating for months, as bits of information dribble out of the regulatory rumor mill in Washington, D.C.
One school of thought is that future oil demand is set to decline because consumers will have better options. Many in this “peak demand” camp believe that the growth of electric vehicles will soon make oil obsolete.
Under the Trump administration, the Bureau of Land Management has some new branding, one that prominently features oil rigs.
What matters is the oil demand curve, which will be highly dependent not only on the level of transition to low carbon energy, but also on social factors such as concern for the polluting effects of petroleum-based plastics.
Several legacy automakers, like GM, are claiming to be all-in on electric vehicles, but they are still lobbying to relax fuel consumption standards that would accelerate the adoption of electric vehicles.
A toxic onslaught from the nation’s petrochemical hub was largely overshadowed by the record-shattering deluge of Hurricane Harvey as residents and first responders struggled to save lives and property.
Even if you believe self-driving cars may someday reduce road fatalities—and I do believe that—this dashcam video is an icepick in the face of the argument that anyone at Uber gives a damn about anyone’s safety, including that of their own test drivers.
A new International Energy Agency report finds that worldwide carbon dioxide emissions from energy — which are the lion’s share of global emissions — ticked upward by 1.4% in 2017 after a three-year plateau.
