Growth in oil and gas production ends immediately in Shell’s latest pathway for staying below 1.5C, new Carbon Brief analysis reveals.
Several climate change deniers in the Texas political establishment aren’t deniers after all. They just don’t want the industry which got them elected (and could get them defeated just as easily) to pay anything to protect itself from the very dangers to which the use of the industry’s products exposes the entire globe.
A mid-week update. Oil prices continued have continued to climb this week and are now $3-4 a barrel higher than at the beginning of April.
Diplomatic efforts are underway to diffuse tensions between Russia and the West following the overthrow of Ukrainian President Yanukovych. Should tensions escalate, one risk is the disruption of gas supplies from Russia to Europe via the Ukraine.
A midweek update. New York futures have fallen this week largely on expectations the Federal Reserve will taper off quantitative easing in the near future.