China’s report that it has used 17% more coal than earlier reported adds to the concern about reaching a climate deal in Paris next December and puts more pressure on Barak Obama to succeed where Woodrow wilson failed almost 100 years ago.
The answer is the sun
At the Paris climate talks, the only way the world will avoid going over the 2 degree warming target is for the industrialized west to agree to massively fund solar power development for the developing world
Oil for $20 a Barrel?
Last week the Spanish energy giant Repsol announced its new strategic plan which involves selling off assets and sharply reducing capital spending. In announcing its new plan Repsol follows its larger rivals Exxon-Mobil, Shell and BP that have announced reductions in capital spending and/or headcount in the last few months as a result of the very […]
Iran, ISIS, and the future of Energy
The agreement to limit Iran’s nuclear program may be part of a complex and risky effort to position Iran as an alternative in the fight against ISIS to ensure regional stability.
Shell plays a long term game
Shell’s announcement that it plans to buy BG Group is an example of its approach to long term strategic thinking, its conviction that the world will take action to reduce its carbon footprint over the coming decades, and its opinion that the slide in oil prices is probably over