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Browsing the "Oil" Category

Top Banker For Fossil Fuel Companies Has Low Price Target On Tesla [TSLA]

October 15th, 2019 | by Zachary Shahan

According to a report in The Guardian, the top banker for fossil fuel companies is JPMorgan Chase. In fact, in the past few years it has provided $22.8 billion more in financing than #2 Citi for oil, gas, and coal companies — $75.6 billion versus $53.8 billion. As one Tesla fan noted, JP Morgan's Tesla analyst, Ryan Brinkman, has a very low price target in place for Tesla [TSLA] and an "underweight" rating


The Musks Embrace The Challenge Of Climate Change

October 14th, 2019 | by Johnna Crider

This was a very detailed article by Wade Anderson who wanted to highlight how the Musks have embraced the challenge of climate change. With the help and support of his friend, Jim Lehrman, Wade breaks down the three deadly C's that contribute to climate change: Cars, cattle, and chainshows and explains how the Musks have taken on these challenges. Many people see the challenge of climate change as an obstacle that they can do nothing to stop or as something that isn't happening. The issue is real. The Musks and many others are doing something


Africa’s Oil Curse, the Example of Nigeria

October 11th, 2019 | by David Zarembka

CleanTechnica has been running a number of articles on little noted negative aspects of gas/diesel vehicles. These include hundreds of US deaths annually from carbon monoxide poisoning, oil refinery explosions, 137 US oil spills last year, what to do with old oil tankers, and the 150 gas/diesel car fires daily in the US. A common concept in Africa that is not noticed in the United States or other parts of the world is what in Africa is called “Africa’s Oil Curse.”


India x Cleantech — October 2019

October 11th, 2019 | by Saurabh

Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country


Breakdown Of Interdependency Between Big Auto & Big Oil

October 9th, 2019 | by Gerard Reid

Some years back I visited one of the major automobile manufacturers with some investor clients of mine. We met the CTO of that particular company, who asked us "what is the biggest mistake the automobile industry has made in the last century?" Despite the varied responses from the audience, we were all surprised by his answer: "We never controlled the fuel value chain" and to that he added "and we won’t make the same mistake with electric cars."


Donald Trump Is Robbing His Own Rural Supporters, The American People, You

October 7th, 2019 | by Zachary Shahan

Manufacturing jobs have been lost in key states that swung right to elect Trump. Coal is still a dead industry walking (because it's not competitive). Funding for military families has been taken from them and redirected to funding for what will be a useless portion of an ineffective, incomplete wall — a wall Mexico is very clearly not paying for. The middle class hasn't benefited from any Trump-generated manufacturing revival or economic boom. Instead of protecting US national security and improving our global economic position with international partnerships, Trump is trading friendly US policies for personal political help from foreign countries


The Truth Around Oil

October 7th, 2019 | by Gerard Reid

There is a pretty simple truth about oil, and that is that there is lots out there, a fact that is not going to change going forward. In fact, quite the opposite. There is probably more upside to production, as well as downside on the demand side, meaning we will likely see low oil prices for the foreseeable future. The likelihood is that we will also see a race to the bottom in terms of the oil price as producers try to pump oil out of the ground and bring it to market as fast as possible. This in turn will lead to stranded assets as oil companies write down high-cost resources which have become too expensive to take out of the ground


Big Oil Faces A Formidable Foe In Fight Against Electric Vehicles

October 2nd, 2019 | by Guest Contributor

Electric utilities are keen on electric vehicles these days — they see them as a future revenue source. Utilities from California to Florida to Michigan are sponsoring the installation of public charging stations, and some are offering rebates to customers for installing home chargers. To date, at least 50 utilities in 25 states have launched or proposed programs to encourage the buildout of charging infrastructure


A Formula For Catastrophe In The Arctic

September 30th, 2019 | by Guest Contributor

Unless humanity converts to alternative fuels, the Arctic may become the world’s primary source of fossil fuels, warns Michael T. Klare. The Trump administration welcomes the prospect


Saudi Crown Prince Warns Of Threat To Global Oil Supply

September 30th, 2019 | by Johnna Crider

Saudi Arabia's Crown Prince Mohammed bin Salman has told the BBC that if a war was to break out between Iran and Saudi Arabia, oil prices could rise up to "unimaginably high numbers." He says this is possible if the world doesn't try to deter Iran, and that more escalation will threaten the world's interests. "Oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we haven't seen in our lifetimes."


The Short List Of Climate Actions That Will Work

September 29th, 2019 | by Michael Barnard

The following are the climate change solutions or approaches that I see from my investigations and discussions as gaining consensus and consilience on their viabiilty. It's not the how, but the what


Bernie Sanders’ Climate Plan: Excellent On Electrification, But Concerningly Authoritarian & Populist – #Election2020

September 28th, 2019 | by Michael Barnard

Bernie Sanders’ electrification plan is excellent but depends on potentially dangerous authoritarian populism, his transportation plan is mostly about cars for less wealthy people, his land use plan is good, but military and industry don’t get nearly enough attention. Only about half of the $16.3 trillion can be tracked to things which actually reduce climate change


Tesla: Russia’s Top Propaganda Target

September 27th, 2019 | by Guest Contributor

If you were to search for a typical article about Tesla in the media outlet RT (formerly called Russia Today, and Russia’s most prominent international information/propaganda outlet), it is likely that you would come away with the impression that Tesla is a company led by an incompetent CEO producing pathetic, highly dangerous, and unpopular cars


Climate Catastrophe Protests — In The Netherlands, The Kids Take Politicians Back To School

September 21st, 2019 | by Chanan Bos

This week, schoolchildren and adults all over Europe and Australia are protesting government inaction on climate change. In the US, large portions of half the population are also protesting and the other half of the population is still deciding whether they “want” to believe in it — or, in the more advanced stages, whether to believe in the severity of the problem. Actually, it's not a problem, it's a full blown catastrophe, a complete and total destabilization of the world climate


Why GM Auto Workers Are Striking & Some Want To Make More EVs

September 19th, 2019 | by Daryl Elliott

Ted Krumm, head of the UAW's bargaining committee states: "This strike is about us ... standing up for fair wages, for affordable quality healthcare, for our share of profits, and for our job security." Apparently, the autoworker union does not believe that GM is adequately sharing with workers the more than $8 billion in profits the company made in


The Hidden Cost Of Shell Oil Spills In Niger Delta

September 16th, 2019 | by The Beam

Decades of oil spillage in Nigeria’s oil-rich Niger Delta and the incessant bickering over who should own up to the wanton environmental degradation has taken a toll on Nigeria’s economy, seeing it slid into recession with the delta being classified as one of the most polluted places on earth



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