energy economics
-
Exxon Would Like You to Invest in Its $135-Billion Carbon Capture Scheme
After spending decades profiting off oil and gas and propagating climate denial, Exxon just needs a little money, man. In an interview with the AP published earlier this week, Joe Blommaert, the president of a division of Exxon called Low Carbon Solutions, laid out the company’s plan to transform an industrial corridor in Houston into…
-
U.S. Republicans Slobbered All Over Themselves to Apologise to Big Oil CEOs
Republicans and fossil fuel interests have a, shall we say, cosy relationship. But that relationship went from snuggly to downright NSFW on Thursday at a hearing ostensibly about fossil fuel misinformation.
-
Net Zero Pledges Are So Worthless, a Country Almost Entirely Reliant on Oil Just Made One
The United Arab Emirates, a country that’s economy is dominated by oil and gas production, announced on Thursday that it was committing to net zero emissions by 2050. It’s the first country to make a net-zero commitment in the Persian Gulf, and adds to a growing list of countries across the world that have announced…
-
The ABCs of Big Oil: Why the Fossil Fuel Industry Infiltrated Schools
For decades, the fossil fuel industry has been distributing propaganda to limit how Americans think about taking on the climate crisis. They haven’t just done so through political lobbying and advertising. They’ve also taken a much more insidious route: shaping schools’ curricula. That’s what climate journalist Amy Westervelt and I explore in our new podcast,…