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.
This is a move that serves no purpose other than to prevent the EPA from carrying out its mission of protecting public health and the environment.
Opponents in a lawsuit rarely find themselves in the same corner of a legal boxing match. In federal court here Wednesday, though, the gloves stayed on: Leading climate change experts and oil industry representatives largely agreed our planet is warming, our seas rising.
The Bureau of Land Management disregarded a request by the National Park Service that it hold off leasing 17,000 acres of public land in Utah on Tuesday because of concerns that drilling there could harm Hovenweep National Monument’s views and air, groundwater and sound quality.
