Energy

Why The Oil And Gas Industry Will Never Be The Same

May 3, 2020 Marshall Auerback, Brave New Europe. Educate! Energy, Oil and Gas, Renewable Energy, Wall Street

When a staple commodity collapses to negative value it signals that something is clearly amiss in the global economy. When it is a global energy source like crude oil, it does not just signal pain in the oil patch, but an economic dislocation evocative of the Great Depression. Rare is the time when a commodity over which nations have fought wars in the past presents itself as something that traders would literally pay you to take it off their collective hands. To be sure, there are good technical reasons why U.S. West Texas Intermediate crude oil (WTI), the underlying commodity representing the NYMEX’s oil futures contract, actually traded negative in the second half of April, and continued to stay low (even though the June contract has now turned positive).

More Than 400,000 Demand Congress Freeze All Rent, Mortgage, And Utility Payments

April 1, 2020 Jake Johnson, Commondreams. Resist! COVID-19, Energy, Mortgages, Rent

More than 400,000 people have signed a petition calling on Congress to freeze all rent, mortgage, and utility payments nationwide in order to prevent a looming "housing catastrophe" as millions of Americans head into April jobless and unsure whether they will be able to afford their bills. "Millions are wondering how they'll pay their rent or mortgage by tomorrow," said Justin Ruben, co-director of ParentsTogether Action, which organized the petition. "We need additional emergency action suspending rent, mortgage and utility payments for the duration of this crisis." On Tuesday, ParentsTogether released a survey showing that just 38% of parents believe they will be able to make their rent or mortgage payments on Wednesday without cutting back on food, medicine, or other necessities.

Five Ways Using Stimulus Funds For Energy Efficiency Would Reduce Inequality and Protect the Planet

March 24, 2020 By Basav Sen, Inequality.org Create! Energy, Inequality, New Economy

I am getting some serious 2008 flashbacks these days. Our economy is going into what could become a serious recession, and our political overlords want to use it as an excuse for even more handouts to big banks, big oil, big airlines, and assorted other industries who already have too much. Meanwhile, communities and workers impacted by the downturn get only “trickle down.”

In Coronavirus Crisis, 575 Groups Urge Halt To Electricity, Water Shutoffs

March 21, 2020 Staff, The Center for Biological DIversity Resist! COVID-19, Energy, Social Movements, Utilities, Water

WASHINGTON - More than 575 utility justice, labor, faith, consumer and environmental groups urged state governors, mayors and utility regulators today to put a moratorium on electricity and water-utility shutoffs in response to the coronavirus crisis and resulting job losses. Today’s letter also called for deeper policy changes that deploy distributed solar and establish percentage-of-income water-payment systems to address the systemic issues leading to shutoffs.

Inside Clean Energy: An Energy Snapshot In 5 Charts

March 6, 2020 Dan Gearino, Insideclimatenews.org Educate! Clean, Energy

For people who devour energy data like Thin Mints, last week was a special one, with the release of a trove of numbers from the Energy Information Administration showing us how 2019 fits into the bigger picture of the transition to clean energy. Natural gas remained the leading fuel for electricity, used to generate 38 percent of the country's total in 2019, up from 35 percent in the prior year, thanks to very low market prices for gas and a building spree of new gas plants.

BP Headquarters Blocked By Greenpeace

February 7, 2020 Jess Glass, Theecologist.org Resist! Activists, BP, Climate Change, Energy, Greenpeace

Greenpeace members have blocked BP's headquarters with solar panels and oil barrels to mark the first day of the oil giant's new chief executive. More than a hundred environmental activists took 500 solar panels to the central London building at 3am today (Wednesday) as Bernard Looney prepared to take up his new role.

Canada Erupts In Solidarity With Wet’suwet’en

January 29, 2020 Staff, Itsgoingdown.org Resist! Canada, Class Struggle, Energy, Indigenous Peoples, Solidarity

Thank you to the 50 people who gathered Saturday in SOLIDARITY with the Wet’suwet’en land defenders, on the traditional territory of the Haudenosaunee and Anishinaabe. The gathering was opened with songs and a speech. Then, despite the snow storm, the march took to the streets and traveled from Kingston City Hall to Queen’s University where Jawad Masud, TC Energy VP of Corporate Communications was speaking at the Oil and Gas Panel at the Queen’s Global Energy Conference.

Climate And War: Bill McKibben’s Deadly Miscalculation

January 19, 2020 Luke Orsborne, Wrong Kind of Green. Educate! climate crisis, Energy, Pentagon, Wars and Militarism

In late June 2019, author and founder of 350.org Bill McKibben produced an article for the New York Review of Books whose headline echoed a growing awareness of the significant role of US militarism in our current ecological crisis. The hook, unfortunately, appeared to be little more than a ruse to entice those who harbor legitimate concerns about the military’s role in the climate crisis in order to then minimize those concerns. What followed was a presentation of selective information, including a superficial critique of US military energy efficiency, that in the end only obfuscates the true cost and context of US militarism as it applies to the health of people and the planet. The result was that rather than highlighting the need for deep structural change which involves putting an end to aggressive US foreign policy, McKibben came across as a cautious cheerleader for the continued centrality of US militarism in global affairs as we enter into an increasingly chaotic, climate destabilized world.

Nearly All Americans Want To Get Off Fossil Fuels

January 17, 2020 By Basav Sen, Otherwords.org Create! Energy, Fossil Fuels

Late last year, The Washington Post reported a remarkable poll finding: Nearly half of American adults — 46 percent — believe the U.S. needs to “drastically reduce” fossil fuel use in the near future to address the climate crisis. Another 41 percent favor a more gradual reduction. In short, almost 90 percent of us support transitioning off fossil fuels — including over half of Republicans, whose elected officials overwhelmingly support the industry.

Germany’s Green Energy Quest Stalls

January 10, 2020 Kieran Cooke, Climatenewsnetwork.net Create! Climate Change, Energy, Germany

LONDON, 8 January, 2020 – The city of Munich – one of Europe’s wealthiest urban conurbations – has expansive plans to tackle the fast-growing problems associated with climate change: its policies are a good example of Germany’s green energy quest, the Energiewende. At the end of last year Munich, Germany’s third largest city with a population of just under one and a half million, joined a rapidly expanding group of countries, cities, towns and councils around the world in declaring a climate emergency.

Switzerland Switches Off Nuclear Plant As It Begins Exit From Atomic Power

December 26, 2019 Staff, Reuters.com Create! Energy, Nuclear Power, Switzerland

The 373-megawatt-capacity plant which opened in 1972 has generated enough electricity to cover the energy consumption of the nearby city of Bern for more than 100 years. In scenes shown live on Swiss TV, at 12.30 pm (1130 GMT) a technician pressed two buttons in the control room to stop the chain reaction and deactivate the reactor, shutting down the plant for good. The closure is the first of Switzerland’s five nuclear reactors to be shuttered following the 2011 nuclear accident in Fukushima, Japan, which triggered safety concerns about nuclear power around the world.

22 Mayors Want PG&E To Become A Customer-Owned Co-Op

November 17, 2019 Marisa Lagos, KQED. Create! Cooperative, Corporatism, Energy, New Economy

California - A coalition of public officials representing 5 million Californians — including 22 mayors — wants to see PG&E emerge from bankruptcy as a customer-owned cooperative. And they're asking state regulators to help. In a letter sent Tuesday to the California Public Utilities Commission (CPUC) and Gov. Gavin Newsom, the group of mayors and county supervisors argues that the two factions currently vying for control of the bankrupt utility are made up of "Wall Street titans" concerned only with "a short-term desire to maximize financial gain," and that a co-op structure would go further toward making PG&E a financially stable company capable of addressing its operational challenges while also regaining the public trust.

Crisis In Haiti Reaches New Dimensions

November 3, 2019 Lautaro Rivara, Internationalist 360. Resist! Energy, Food Insecurity, Haiti, Humanitarian War

Haiti - In the seventh week of protests, and 100 years after the assassination of Charlemagne Peralta, the hero of resistance to the American invasion of 1915-1934, Haitian majorities are mobilizing throughout the country today. In the capital Port-au-Prince they will march, significantly, to the North American embassy, denouncing the continuity of the American interference in the domestic affairs of the Caribbean nation. The Patriotic Forum, a space that brings together more than 62 social movements and political parties, will be mobilized in seven large cities throughout the country: Jérémie, Les Cayes, Miragoâne, Jacmel, Port-de-Paix, Hinche and Mirebalais. The popular organizations, along with other opposition sectors, demand the immediate resignation of President Jovenel Moïse and the resolution of the endless Haitian crisis which continues to deepen, reaching new dimensions with each passing day.

Offshore Wind Power Could Produce More Electricity Than World Uses

October 28, 2019 Staff, Iea.org Create! Electricity, Energy, Wind

Offshore Wind Outlook 2019 is the most comprehensive global study on the subject to date, combining the latest technology and market developments with a specially commissioned new geospatial analysis that maps out wind speed and quality along hundreds of thousands of kilometres of coastline around the world. The report is an excerpt from the flagship World Energy Outlook 2019, which will be published in full on 13 November. The IEA finds that global offshore wind capacity may increase 15-fold and attract around $1 trillion of cumulative investment by 2040.

WSJ, NYT Celebrate ‘Shale Revolution’ For Investor Class, Despite Its Leading To Our Doom

October 17, 2019 Joshua Cho, Fair.org Educate! Corporate Media, Energy, Fossil Fuels, Oil

It’s not hard to figure out that corporate media represent the perspectives and interests of a small elite investor class of the US population, rather than its vast working class majority. Simply compare the size of the “Business” section in major newspapers like the Wall Street Journal and the New York Times—ostensibly on opposite sides of the political spectrum—with the nonexistence of their “Labor” sections. But it is hard to think of a more palpable example of corporate journalists seeing themselves aligned with the interests of the investor class, against literally everyone else on the planet...

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