oil companies

Oil Giant Total Sees Electric Cars Seriously Cutting Into Oil Demand Soon

At the Bloomberg New Energy Finance conference in New York on April 25, Joel Couse, chief economist for Total, predicted that sales of electric cars will surge from about 1% globally in today’s new car market to up to 30% of the market by 2030. If that happens, he says, demand for petroleum based fuels “will flatten out, maybe even decline.” Total is one of the world’s largest oil producers. His forecast surprised many people at the conference.

Total’s $1.1 Billion Saft Acquisition & Tom’s BMW i5 — Cleantech Talk #26

In episode #26 of Cleantech Talk, Matthew and I tackled Tom Moloughney’s vision for the BMW i5, how BMW could potentially compete with Tesla Motors and the Tesla Model 3. We then chatted about a fascinating recent acquisition — Total’s majority control acquisition of Saft — and the general topic of Total’s apparent leadership among oil companies in the transition to clean energy.

No Time Toulouse

For the past few decades, the simple message “no time to lose” has fallen on deaf ears, leaving many of us pushing for climate action feeling like Eric Idle in the homonymous Monty Python skit, in which he goes out of his way to help Michael Palin utter the four … [continued]

PG&E Opposes Big Oil-Sponsored Prop 23

Today, PG&E formally came out in opposition to Prop 23, the oil-company-sponsored ballot initiative that is designed to shut down AB32 – California’s progressive climate legislation passed by voters in 2006 and due to be implemented in January 2011. “Since actively supporting the passage of AB 32, PG&E has worked … [continued]

LAO Rips $54,000 Valero Oil-Funded "Study" Designed To Ditch AB 32, California Climate and Energy…

The state’s Legislative Analyst’s Office (LAO) today released a report further discrediting a $54,000 oil-sponsored study that falsely exaggerated the costs of AB 32; California’s clean energy and air pollution standards law. The discredited study, trying to scare voters is the foundation for an oil-funded ballot initiative that the oil … [continued]