Those are tough times for fossil fuels companies

As odd as it might seem, oil prices at $60 are not making it any easier for Big Oil and the likes. The Financial Times published two articles on how coal, oil and gas are through tought times. Let us review them here.

The United States are entering a post-oil world

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. 

Infographics on the water-energy nexus

We all need water and energy but with climate change, water scarcity is increasing. And sometimes, precious water is necessary to generate electricity. So for today’s post, I gathered a few infographics on that topic. 

15 reasons to divest from oil as soon as you can

We have seen that divesting from oil companies is a moral question but it is also a sound economic advice as more and more financial analyst are saying, to the point of ” fossil fuels are the next subprime danger “ as I blogged last year.

United States and China sign new climate deal

Hailed as a ” game changer “ by Grist or Climate Progress, the climate change deal signed by the United States of America and the People’s Republic of China is a new step in the fight against global warming.

Fossil fuels are the next subprime danger

Here is further proof it’s high time to divest to avoid the carbon bubble. The Daily Telegraph published this week a most interesting article on how fossil fuels – oil, coal and natural gas – are the next subprime danger of this cycle as “ The cumulative blitz on energy exploration and production over the past… Continue reading Fossil fuels are the next subprime danger

Australia is getting isolated on climate

The stance of the current Australian Prime Minister – Conservative Tony Abbott, pictured left –  is isolating the country on the global stage as climate change becomes each day more serious. As Climate Progress recently reported, Abbott has been aiming sharp criticism at the G20, the IMF and the United States, among others, as they are… Continue reading Australia is getting isolated on climate

Energy, the European Union and Russia

The ongoing tensions between Ukraine and Russia is an excellent occasion for the European Union to assess its dependence from foreign fossil fuels, especially oil and natural gas from the Russian Federation. As Kees van der Leun noted on his Twitter last week, the EU buys to Russia over half a billion euros of oil… Continue reading Energy, the European Union and Russia

Fossil fuel subsidies are as high as ever

To Desmogblog : ” The exact worth of massive global fossil fuel subsidies is incredibly hard to figure. There’s no real consistency in the definitions of subsidies, or how they should be calculated. “ ” As a result, estimates of global subsidy support for fossil fuels vary widely. According to a new analysis by the Worldwatch… Continue reading Fossil fuel subsidies are as high as ever