Royal Dutch Shell , the megalithic energy company announced this week that it was curtailing all Arctic operation for the year 2013.After staying away from the Arctic for more than a decade, Shell returned in 2012 to drill two wells in the Beaufort and Chukchi Seas, only to have as many ships suffer serious accidents in the process of moving to and from the oil fields. These events underscore the challenges and risk underlying exploration in these waters, which pose at least as many risks, given the perils of ice, as drilling in the Gulf of Mexico.
Category: Climate & Environment
This category is climate change in relation to sustainability and CSR and how these segments effect one another. This includes how climate change has started to cause a wide range of physical effects with serious implications for investors and businesses, and how the business sector discloses climate risks and manage them.
Federal subsidies and state level renewable energy mandates have helped solar energy in Texas somewhat. But neither is enough to overcome the economic realities of energy production in the largely deregulated state.
At the 2013 Climate Leadership Conference in DC, Rod West, Executive Vice President at Entergy Corporation urged the 450 attendees to stop focusing on converting people to climate change believers and start focusing on the cost of doing nothing. “I could give a rat’s cheek whether you’re a true believer – as a business people … Continued
Earlier this week, the American Petroleum Institute, U.S. Chamber of Commerce, Koch brothers and other Keystone pipeline proponents received support from a somewhat surprising ally – the AFL-CIO.
Just when it seemed that ALEC could go no lower than trying to do away with clean energy, they have turned their attention to our children. Three states are considering bills that call for a “balanced” approach to the teaching of climate science in schools, meaning, of course, that there are equal parts doubt and fact and lots of repetition of the notion that it is “only a theory.”
A study conducted by Oceana, an international advocacy group, found that 33 percent of the seafood samples analyzed were mislabeled according to guidelines by the FDA.
Earlier this month the SEC allowed a climate change proposal to remain on PNC’s proxy ballots. This decision reversed an earlier approach the SEC had, where it allowed financial services and insurance companies to exclude similar climate change resolutions from their shareholder because they concerned what the SEC called “ordinary business.”
Winters always lead to a peak in wasted water, as people let their shower water run for minutes on end as they wait for it to become warm. But not anymore, thanks to an invention by Israeli students that conserves and reroutes cold water.
Australia’s Ambre Energy has big plans to open two coal train export terminals in Washington and Oregon, but a number of financial woes for the company, including money-losing coal mines, large write-offs for failed overseas ventures, major liabilities for mine cleanup and pensions, troubled assets, high borrowing costs, and a need for $1 billion in new capital to make its coal projects financially viable, might cause it to grind to a halt.
As we begin to move away from fossil fuels, it is important to recognize that those fuels provided two functions in one. They were both energy sources and energy storage systems. In the new world of renewables, those two functions will have to be provided separately.
The Supreme Court will present a decision on Bowman v. Monsanto by June. It will have huge implications not only on what’s patentable and for how long, but also on the question of who controls our food supply.