Middle Eastern oil producers are worried that more people will buy EVs in light of the high oil prices. Iraq’s oil minister, Ihsan Abdul Jabbar, shared these thoughts with the New York Times, noting that members of the Organization of the Petroleum Exporting Countries (OPEC) are concerned about this possibility. … [continued]
In 2021, Russia was the largest natural gas-exporting country in the world, the second-largest crude oil and condensates-exporting country after Saudi Arabia, and the third-largest coal-exporting country behind Indonesia and Australia. Although OECD Europe received most of Russia’s crude oil and natural gas exports last year, countries in Asia and the Oceania region received most … [continued]
Russia’s ongoing invasion of Ukraine has brought instability, violence, and human tragedy on a massive scale, with effects rippling across the continent and globally. Beyond the immediate security impacts and the devastating toll on human welfare, the crisis has also shaken up the energy sector. One-fourth of Europe’s energy comes from natural gas, nearly 40 percent of which is imported from Russia. As European countries take swift action to de-risk their gas supply and ramp up alternative sources, the alternatives they choose will have significant climate implications.
Carlos Tavares is bullish on Stellantis. Will that be enough to make the company viable in the coming battery-electric future?
The Environmental Protection Agency (EPA) has reinstated California’s authority to set its own motor vehicle pollution standards, the LA Times reported yesterday. You may remember the drama during the Trump administration when the EPA kind of lost its mind and said that California could not require higher fuel economy standards … [continued]
European Council: As the world looks on in horror at Putin’s invasion of Ukraine, Europe faces its biggest crisis in decades. European leaders meeting today and tomorrow at an informal European Council are being urged to lead a call on the European Commission to propose an action plan by Easter … [continued]
EU Commission this week launched its the EU security strategy to protect consumers from energy price rises with barely a mention of oil dependence that is funding Putin’s war in Ukraine. This energy security strategy from the European Commission lacks measures to address Europe’s oil dependence, despite oil being the … [continued]
President Biden’s new ban on Russian oil is painful for Americans (especially those who are driving gas-powered vehicles), yet it is good for humanity overall. I saw an article in The Guardian that was published just before the news of the ban broke, and I was going to add my … [continued]
Fossil fuels are not a bridge fuel to the future. They are a guarantee that human beings will have no future.
