When Bloomberg writes that in the United States “ Big Oil Is About to Lose Control of the Auto Industry ” you know there is something going on, especially when they rely on solid BNEF study and data.
According to PeakOil.com, the seven largest oil companies of the Western world — ExxonMobil, Shell, BP, Chevron, Total, ConocoPhillips and Eni —have seen their oil output decline by 12.4 percent between 2009 and 2013. According to the IEA, if total world oil supply has risen from 85.66 million barrels per day in 2009 to 91.53… Continue reading Big Oil is getting smaller
Do you know why Big Oil and other fossil fuels conglomerates are pushing so hard against energy efficiency and renewables ? Because it could take away four trillion of dollars from them in the next eight years ! This is one of the many findings of the latest International Energy Agency (IEA) report. Cleantechnica plans… Continue reading Cleantech to take trilllions away from Dirty tech
If you aren’t familiar with US environmental politics, you might not have heard about Big Oil’s latest craze : building a 1.700 mile (2,736 km) long pipeline to bring tar sands oil extracted from Canada to the US Gulf coast. After many twists and turns, President Barack Obama – the green Prez that should have… Continue reading President Obama rejects Keystone XL pipeline
You know probably know it : America – and to be fair, many other countires – is giving a lot of subsidies to Big Oil and companies that are making billions of profits. This doesn’t make sense economically nor environmentally. You might also remember that I have been advocating changing this for years and have… Continue reading Subsidies and drilling won’t solve our problems
The State of the Union speech given yesterday by President Barack Obama might well stay in the History books like John Fitzgerald Kennedy moon shot speech that sent Americans on the moon in less than a decade. Indeed President Obama asked for 80% of America’s electricity from ‘clean energy’ by 2035 (including clean coal and… Continue reading Was it Obama’s “moon shot speech” ?
To the Huffington Post : ” California progressives have demonstrated that we have the power to deliver a resounding defeat to the big oil companies, if we fight on our own terms and harness the power of the grassroots.” ” Proposition 23, had it passed, would have effectively repealed the state’s landmark global warming law.… Continue reading Californians voted NO on Prop 23