Isn’t it odd that Tesla has a bad Environmental, Social, and Governance (ESG) score yet oil companies have good ones? When you look at what Tesla is doing for the environment and compare those actions with how oil companies are profiting off of poisoning our environment, it just doesn’t make … [continued]
BP, Eni, Repsol, Shell, and TotalEnergies have paid back just 5% of the €13 trillion in societal and environmental debt.
The first charging station in Spain to use second-life electric bus batteries for energy storage is now online. The batteries come from Irizar electric buses. The charging stations are being produced and installed by Ibil. And the locations for the initial projects are Repsol service stations. The are 50 kW … [continued]
20 kilometers off the coast of Viana do Castello, Portugal, is about to be the new home to the largest floating wind turbine in the world, an 8.4-megawatt (MW) ABS-classed offshore wind turbine. This is continental Europe’s first large-scale floating wind farm. A belief is that this renewable installation is ushering in the Golden Era of wind, especially offshore wind.
The largest and most powerful wind turbine to be used for a floating offshore wind project has been moved into position atop its semi-submersible foundation off the coast of Portugal, the first of three 8.4 megawatt (MW) turbines which will make up the 25 MW WindFloat Atlantic offshore wind project.
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.”
By Steven Heim With 2019 ushered in, the findings of a new report suggest that harnessing Eco-Efficiency – improving energy efficiency, water management and other environmental processes – will be among the New Year’s resolutions of many corporate leaders. The report, ‘Improving efficiency, unlocking returns’ shows how changes to environmental … [continued]
The world’s largest oil company, Saudi Aramco, is apparently mulling over as much as $5 billion in renewable energy investments as part of plans to diversify from crude oil production, according to people with knowledge on the matter.
Reuters is reporting that seven leading oil and gas companies will be joining forces to create a renewable energy investment fund for the development and promotion of renewable energy.
