Saudi Arabia invests in CSP

Saudi Arabia invests in CSP

Renewable Energy Policy Design in Saudi Arabia

Saudi Arabia has big plans for Renewable Energy with a target of 9.5GW by 2023. The government intends to invest between $30 billion and $50 billion across 60 projects, with 1 GW of capacity earmarked for Concentrated Solar Power (CSP), according to the Renewable Energy Project Development Office (REPDO), established in February 2017 to implement the country’s National Renewable Energy Program (NREP).

Saudi Arabia aims to exceed its target to generate 9.5 gigawatts of electricity from renewable energy, to highlight its long-term commitment to green energy and to give investors a sense of comfort that the Kingdom has a long-term vision for renewable energy.

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What Shell knew about climate change in 1991

What Shell knew about climate change in 1991

In 1989, the organization changed the design of a drilling platform in order to take account of extreme weather and rising sea levels.

Shell produced a report on global warming called ‘Climate of Concern’ in 1986. In 1991 they made the video documentary for the public. It warned that trends in global temperatures raised serious risks of famines, floods and climate refugees.

But in the quarter century since, Shell has continued to invest heavily in fossil fuels. 

Already in the eighties, Shell understood that climate change would affect its own operations. In 1989, the organization changed the design of a drilling platform in order to take account of extreme weather and rising sea levels.

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Obama stops Arctic drilling

Obama stops Arctic drilling

Greenpeace: “We’re closer to saving the Arctic because of you”

In his last days as the US president, Obama banned future drilling in Atlantic and Arctic waters. 

Obama relies on a law from 1953, which allows governors to exclude areas at sea of drilling because “it is in the public interest.” Read More

What will be the climate damage with Trump?

What will be the climate damage with Trump?

Trump may disrupt the transition towards renewables, but he can not reverse it. The revolution to clean energy is irreversible.

With Trump as the new president, the world is worrying about the climate damage, he will cause.

Still we hear an increasingly interviews with relativizations.

Jan Rotmans, professor transition science and international authority in the field of transition and sustainability, gave his reaction. Read More

LSP fits global energy demands

LSP fits world energy demands

Using robots to lay down concrete made from moon soil around the entirety of the moon’s equator — 400 km wide by 11,000 km long — the power generated through the solar array would then be transferred along power cables to microwave power transmission antennas which would then beam the electricity to receiving stations located around the Pacific Rim.

LSP – Lunar Solar Power – can provide an unlimited power supply sent back to the earth in microwaves.

Why are international politicians the big holdout on this unlimited green power resource?

Could it be because the oil industry keeps paying off all the politicians? Read More

Port of Amsterdam relies on fossils

Port of Amsterdam relies on fossils

Why anticipate? The world will not change that fast.

The Amsterdam Port Authority is taking big risks. The harbor still relies entirely on fossils.

As soon as it turns out that the Port Authority were sleeping, the municipality has to pay all the costs. 

Drs. Rens van Tilburg, an economist and member of the Sustainable Finance Lab Utrecht University, has warned the City of Amsterdam.  Read More

Offshore Dumps En Masse Fracking Waste Oil Into Gulf

Offshore Dumps En Masse Fracking Waste Oil Into Gulf

The U.S. government haven’t studied the impact of the chemicals that these companies are allowed to dump directly into the ocean including critical habitat and fracking-endangered species.

The shale industry is dumping en masse, fracking waste oil into the Gulf of Mexico.

The Center for Biological Diversity has released federal documents that reveal that officials approved more than 1,200 offshore fracks in 630 different wells in the four years from 2010 to 2014 in the Gulf of Mexico. Read More

Shell moving towards Green?

Shell moving towards Green?

Shell has been operating in wind energy with 9 projects in North America and Europa, together 500MW of installed capacity.

Last May, Shell launched a new division for renewable energy, Martin Wetselaar, now responsible for integrated gas (including LNG), will lead the division ‘New Energy‘. Is Shell moving towards renewables?

The new division will be transferred to the existing activities in hydrogen, biofuels and renewable power generation. It will also be used as a basis for new activities in wind energy. Read More

Drilling and Drowning

Ben van Beurden feels no responsibility for Climate Change

Money still rules the oil business. But the world will drown if we pump too much oil, Ben van Beurden (Shell)!

“I will drill all the oil I can.”

This was said by Shell’s CEO Ben van Beurden. last weekend in an interview with News Hour. The boss of Shell responded to the question of whether his company – now there is a climate agreement – will pump less gas and oil?

No, was his answer. As long as the demand is there, Shell will pump all it can get.

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Obama in State of the Union: We should boost renewables

Obama wants to continue big investments in renewables

President Obama is committed to taking responsible steps to address climate change, promote clean energy and energy efficiency, drive innovation, and ensure a cleaner, more stable environment for future generations

In his last State of the Union, US President Barack Obama pointed climate change.

“We’ve got to accelerate the transition away from dirty energy.”

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Are fossils lucrative for investors?

carbon, climate change, Climate Conference, climate summit, CO2, emission, forrest, G20, greenhouse gas emissions, India, Merkel, renewable energy, renewables, Saudi Arabia, summit, sustainable, investment, shares, divers, fossils, Gazprom

G20 Summit: India and Saudi Arabia rejected world climate ambitions

Are fossils still lucrative for investors? Does the divestment campaign have a material effect on the industry that they are attacking, and thus the transition to sustainability and the reduction of CO2 emissions? Read More

Climate deal Paris a success

350, diversement movement, climate deal, Paris, 2015, fossils, investment, global warming, climate change, oil, coal, gas, CO2, emissions

We should be grateful to them, because without them, Paris would not have been such a success.

The Paris Climate Agreement will change the world into a green era. Already, smart investors ignore the fossil industry.

They started to move because of the brutal pressure from activists 350.org and their divestment movement.

A portrait of the most successful climate campaign ever. Read More

Fossil industries wastes $ 2.2 million investments

carbon, greenhouse gas, fossil, industry, assets, loss, investor, coal, oil, gas, carbon, climate change, circular infra, energy, green power, 2 degrees

The United States is the greatest risk, CarbonTracker states, with a cost of $ 412 billion in stranded assets “unnecessary fossil projects in 2025.
Second in risk is Canada (220 billion). Than China (179 million), Russia (147 billion ) and Australia (US $ 103 billion).

The next decade fossil energy companies will lose possibly $ 2.2 trillion in investments, according CarbonTracker in a recent report.

The money will be lost in a low carbon future.

Global action on climate change and renewable energy investments will ensure the waste for fossil energy companies. Research was done at the current and future projects from oil, gas and coal companies until 2025. It concluded which projects would stop because of political actions to reduce greenhouse gas emissions to below two degrees global warming.

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ABP lost $ 9 billion investing in fossils

investment, shares, fossil, Gates Fund, Pension Funds, ABP, renewables, CO2, gas, oil, fracking, coal, green economy, financial tool

Decarbonizer doesn’t judge, so why not see if you’re leaving money on the table?

Not only fossil investments are undesirable because they annoy the green energy supplies, it also scores badly financially.

Pension Fund ABP have lost $ 9 billion investing in fossils according to 350.org, a movement against fossil investment. Read More

Paris – Two CEOs stimulate international business climate action

renewables, fossil, global warming, climate change, investment, coal power plant, shut down, Paris, CO2, greenhouse gas, emissions, global warming

Monster greenhouse gas levels seen

Two Dutch CEO’s are firmly stimulating international companies to major climate action: Paul Polman (CEO Unilever) and Peter Bakker (president of the WBCSD) are leading the ‘Low Carbon Technology Partnerships Initiative (LCTPi).

Already 86 large enterprises have signed the LCTPi. Read More

Scenarios: A green revolution has winners and losers

oil, fossil, green energy, revolution, scenario, transition, Europe

List of oil producing countries in the world

A green revolution will ensure winners and losers. The coffers of the oil-producing countries will become discharged and that leads to riots and instability.

Germany and Denmark are Europe’s big winners in this green revolution. Why?

  • Since 20 years, they closed all the nuclear power and coal plants
  • Roofs without solar panels are a rarity
  • Windmills seems to be the new high voltage towers: ugly but indispensable
  • Efficient appliances and lighting hardly costs for electricity are very low
  • Heating the house becomes from the heat of the earth
  • Electricity excess is stored in batteries with ammonia, as big as garage

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Shell stopped drilling in the Arctic, this is why

Lego, Arctic, Shell, oil, disaster, Walrus, renewables, climate change, Alaska, Mexican Gulf, environment, leak, risk, Lego, Greenpeace, Environmental campaign

Protest Greenpeace ‘Save the Arctic’ with LEGO For the last few years Shell has been using LEGOs brand to clean up its image as an Arctic oil driller. 16 million Shell branded LEGO sets have been sold or given away at petrol stations in 26 countries.

Shell has surprised the world, ceasing the oil exploration in the Chukchi Sea above Alaska.

The decision was announced last Monday at 7 am: the last day of the exploration permit in the Arctic.

The decision has been made by 3 arguments:

  1. very disappointing results of exploratory drilling
  2. low oil prices
  3. ‘uncertainties’ from future governments and lawmakers

The last two sound the most convincing. The first argument ain’t. What’s going on?

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Shell is playing with fire in pool area in Alaska

Shell, oil, disaster, Noble Discoverer, renewables, climate change, Alaska,

Arctic drillship Discoverer is on its way to the Chukchi Sea

Oil extraction Chukchi Sea Shell is desperately searching for new oil and gas fields, but must stay away from the Chukchi Sea.

29 vessels Shell have recently arrived at the drilling site in the Chukchi Sea north of Alaska to drill for oil.

During the summer periods, this sea is regularly free of ice, but the storm frequency has increased and the wave activity has increased by the melting of the sea ice. Read More

Saudi Arabia’s $109 billion solar bet

Carbon, Energy, CO2, Solar Power, Renewables, Saudi Arabia, oil

Imagine a country that runs entirely on solar power and other renewable energy source. A city that generates entirely no carbon and no waste.

Saudi Arabia wants to grow to one of the biggest solar power producers of the world.

One of the richest countries in the world have turned to bonds to get money.

The oil country wants to invest in alternatives to fossil fuels. By 2032, Saudi Arabia’s goal is to generate 52 gigawatts.  Read More

BP pays record environmental fine of 18.7 billion for oil spill in 2010

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The accident started when oil was leaking along the borehole to the surface, causing an explosion.

The British oil company BP has to return $ 18.7 billion for the Gulf oil spill.

This is the highest amount ever paid as claim by a company in the United States.

The 2010 disaster at BP’s Deepwater Horizon oil rig caused devastating pollution in the Gulf of Mexico. Read More

Shell is going to drill in the Arctic

Shell, oil, Arctic, risk, climate change, oil damage

The US administration has given conditional approval for Shell Oil to drill in a remote and dangerous part of Alaska.

The government of the United States has just been approved the drilling of oil giant Shell in the pristine Arctic.

Shell will bring the climate and beautiful wildlife in the ocean in great danger.
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Shell will pay for cleaning up polluted Niger Delta

Nigeria, oil, fossil, Shell, pollution, renewables, CO2

Theft, fraud, opacity, pollution characterize Nigeria’s years of oil production. This a new agreement is a giant step forward to a healthy delta area.

Since 2008, the area of ​​Bodo, is a horribly polluted part of the Niger Delta in Nigeria

Several oil spills, destroyed all nature and colored the area black.

Now there is an agreement between all parties involved to Bodo, to clean the area and restore nature. And Shell will pay all costs.  Read More

Shell will get a green light for drilling in Alaska

Climate change, climate summit, walrus

Arctic ice is dwindling, and tens of thousands of walruses have taken notice, “hauling out” on an Alaskan beach in numbers never seen before

This week, Shell will get it’s approval to resume drilling in the waters around Alaska from the US government.

The news has been reported by ‘The Guardian. According to the newspaper, Shell will get the permission next Wednesday.

It is expected that Minister Sally Jewell will ratify a positive recommendation from supervisor Bureau of Ocean Energy Management. Read More

Obama cuts Methane Emissions 45% by 2025

Climate Change, Methane, greenhouse gas, emissions, pollution, Obama

Methane effects greenhouse  20 times more than CO2

In Obama’s Strategy to Cut Methane Emissions, he has announced a goal of cutting methane emissions by 40-45% from 2012 levels by 2025.

Unfortunately the methane plans do not not cover pipeline transmission and gas distribution losses.

The administration will also continue its policy of suggesting and supporting voluntary oil and gas industry efforts to harness methane from drilling. 

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Denmark claims the North Pole

North Pole, oil, gas, Denmark, US, Canada, Russia, Greenland, Norway

The battle for the North Pole has been started

In the battle for oil and gas, Denmark is looming for control of the North Pole. Other interested countries are the US, Russia, Canada and Norway. All countries are thinking they have a right to claim the region. Yesterday, Denmark has claimed the rights of the north pole  (via Greenland) in the UN.  Read More