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.
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.
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
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 releasedfederal 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 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
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.
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
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
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.
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
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:
very disappointing results of exploratory drilling
low oil prices
‘uncertainties’ from future governments and lawmakers
The last two sound the most convincing. The first argument ain’t. What’s going on?
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