23 Matching Annotations
  1. Jan 2024
  2. Nov 2023
    1. Energy transitions can happen without the engagement of the oil and gas industry, but the journey to net zero will be more costly and difficult to navigate if they are not on board.
      • for: energy transition without willing participation from the fossil fuel industry

      • question

        • What data does the IEA base this claim on?
    2. Some 30% of the energy consumed in a net zero energy system in 2050 comes from low-emissions fuels and technologies that could benefit from the skills and resources of the oil and gas industry.
      • for: stats - oil and gas industry - repurposing for clean energy

      • stats: oil and gas industry - repurposing for clean energy

        • only 30 % of the energy consumed in a clean energy future within 1.5 Deg C comes from low emission fuels and technologies that benefit from oil and gas industry resources
        • this leaves a huge deficit of 70 %.
      • question

        • How will the transition account for these human and technological resources?
    3. Oil and gas producers account for only 1% of total clean energy investment globally.
      • for: stats - oil and gas industry - clean energy investments

      • comment

        • Inclusive transformation
          • Clearly, transforming the dirty fossil fuel industry into clean energy industry requires migrating as much of those 12 million dirty energy jobs as possible. We can't alienate the fossil fuel industry.
          • the barometer to measure this paradigm shift in fossil fuel industry narrative is their investment into clean energy. Over the years, majors have acted like politicians, promising significant clean energy investment, then backsliding. There is no more time for that.
    4. If all national energy and climate goals are reached, this value is lower by 25%, and by 60% if the world gets on track to limit global warming to 1.5 °C.
      • for: stats - fossil fuel industry - valuation in a 1.5 Deg C world

      • stats: fossil fuel industry - valuation in a 1.5 Deg C world

        • current 2023 valuation: 6 trillion USD
        • current NDCs met (short of a 1.5 Deg C world): 4.5 trillion USD
        • 1.5 Deg C world: 2.4 trillion USD
      • for: IEA 2023 report - exec summary - Fossil Fuel industry, IEA 2023 report - exec summary - Oil and Gas industry

      • summary

        • this is the IEA summary of the position of the Oil and Gas industry and what they must do in order to transition to a net zero world by 2050 and avert 1.5 Deg C global mean temperature.
        • it contains a lot of useful information and statistics
    5. To align with a 1.5 °C scenario, these emissions need to be cut by more than 60% by 2030 from today’s levels and the emissions intensity of global oil and gas operations must near zero by the early 2040s.
    6. The production, transport and processing of oil and gas results in just under 15% of global energy-related greenhouse gas emissions.

      for: stats - oil and gas industry, stats - fossil fuel industry

      • stats: oil and gas industry
      • stats: fossil fuel industry
        • The fossil fuel industry's production, transport and processing operations accounts for 15% of global energy-related greenhouse gas emissions.
    7. Oil and gas producers account for only 1% of total clean energy investment globally.
      • for: stats - oil and gas industry, stats - fossil fuel industry

      • stats - oil and gas industry

      • stats - fossil fuel industry
        • Oil and gas producers account for approximately 1% of total clean energy investment
        • 60 % of that comes from 4 companies
    8. industry which currently provides more than half of global energy supply and employs nearly 12 million workers worldwide.
      • for: stats - oil and gas industry, stats - fossil fuel industry

      • stats - oil and gas industry

      • stats - fossil fuel industry
        • supplies approximately 50% of all total global energy
        • employs 12 million people directly
        • Since 2018, annual revenues average 13 trillion USD
        • revenue split
          • 50 % to governments
          • 40% to investment
          • 10% to shareholders and debt
        • Major oil companies account for 13 % of all reserves
        • National Oil Companies (NOC) account for
          • over 50% of all production
          • close to 60% of all reserves
  3. Oct 2023
  4. Aug 2023
    1. when you when you sort of take a step back and look at that part of the distraction and the 00:14:47 chaos that Trump and these GOP trolls deliver it's it's a wonderful Boon for the oil and gas industry and the Koch brothers and the guys that fund these campaigns and the federal Federalist 00:14:59 Society you know that's owning the Supreme Court they want to keep doing business as usual and the easiest way to do that is to have this big chaotic GOP that ignores climate change and to play 00:15:11 into what they want is the mainstream media not focusing more on climate change let alone making those two connections and a lot of mainstream media is scared to make that connection because oil companies are paying the bills 00:15:23 and CNN and every other network
      • for: polycrisis, Trumpism, Chaos, distraction, climate crisis, climate communication, complexity, adjacency climate change fossil fuel industry, adjacency climate change big oil, adjacency climate change politics big oil, quote adjacency climate change fossil fuel industry, quote adjacency climate change big oil
      • key insight
        • claim
          • One big reason that big oil is funding GOP to keep the chaotic Trump story as the main headline is to foster distraction from climate change impacts
          • big news story in the US is Donald Trump and the election, climate change impacts of extreme weather is minimized
          • the distraction of politics from a chaotic GOP is perfect distraction for the masses to ignore climate change and for big oil to continue BAU
      • paraphrase
      • quote
        • when you take a step back and look at that part of the distraction and the chaos that Trump and these GOP trolls deliver
        • it's it's a wonderful Boon for the oil and gas industry and the Koch brothers and the guys that fund these campaigns and the federal Federalist Society that's owning the Supreme Court
        • they want to keep doing business as usual and the easiest way to do that is
          • to have this big chaotic GOP that ignores climate change and
          • to play into what they want
            • the mainstream media not focusing more on climate change let alone making those two connections
          • a lot of mainstream media is scared to make that connection because oil companies are paying the bills of CNN and every other network
      • author
        • Noel Casler
  5. Jun 2023
    1. Das neueste Kohlekraftwerk in Bangladesch musste kurz nach seiner Eröffnung bereits zweimal stillgelegt werden, weil Bangladesch nicht über die Devisenreserven verfügte, um die nötige Kohle aus Indonesien zu importieren. Die New York Times stellt ausgehend von diesem Beispiel die zunehmenden wirtschaftlichen Schwierigkeiten wegen der Kosten der Köhleenergie dar. Im Augenblick ist China das einzige größere asiatische Land, das massiv Kohlekraftwerke ausbaut. https://www.nytimes.com/2023/06/18/climate/coal-electricity-bangladesh.html

  6. May 2023
    1. Chevron

      Die Quartalsgewinne von Exxon und Chevron liegen etwas unter dem vergangenen Quartal, aber deutlich über dem gleichen Quatal im Vorjahr. Die Produktion wird nicht deutlich gesteigert, aber die Erschließung neuer Felder z.B. in Guyana wird vorangetrieben. Die globale Nachfrage nach Öl und Gas steigt weiterhin, allerdings langsam. https://www.nytimes.com/2023/04/28/business/energy-environment/oil-exxon-chevron.html

  7. Feb 2023
    1. Mit Total meldet ein weiterer Energiegigant Rekordgewinne. Sie gehen zu einem großen Teil auf den gestiegenen Gaspreis zurück. In erneuerbarer Energie. Total investiert nur einen kleinen Teil der Einnahmen in erneuerbare Energien. Wesentlich mehr Geld fließt in Dividenden und den Rückkauf von Aktien.

  8. Aug 2022
    1. She'll und BP geben allein im UK Hunderttausende für Greenwashing-Kampagnen aus. Zur Zeit sollten sie ihnen vor allem die Licence to Operate vor dem Hintergrund von Milliardengewinnen sichern, die sie den durch den Ukraine-Krieg gestiegenen Ölpreisen verdanken.