We are parents, and one of us (Lenny Mendonca) is also a grandparent. We are keenly aware of how the intensifying impact of climate change could affect the futures of not only…
Qatar urges switch to LNG to address climate concerns
Qatar has urged energy consumers across the globe to increasingly switch towards liquefied natural gas (LNG), which alone has four key characteristics to tackle environmental challenges. Drawing attention to unprecedented recurrent climatic…
Titans of business and politics pledge to fight global warming
Bloomberg/New York Millions of people in 170 countries took to the streets to protest. World leaders lined up at the UN to pledge action. A 16-year-old girl, close to tears, shamed them…
LNG investments hit record $50bn in 2019: IEA chief
Reuters Tokyo Record investments of $50bn have turned 2019 into a banner year for liquefied natural gas (LNG), with Canada and the United States being the main drivers, the chief of the…
The Climate-Change Debate Has Shifted, Not Ended
Is there still a debate over climate change? Yes and no. As a scientific matter, the issues of whether it’s happening and who’s to blame are long settled. But there’s no end…
Italian Alpine glacier close to collapse, officials warn
ROME: Part of a massive glacier on the Italian side of the Mont Blanc mountain range is close to collapse after accelerated melting in the late summer heat, officials at a nearby…
EU states delay ‘green’ finance guide, leave it open to nuclear power
BRUSSELS (Reuters) – A set of European Union standards to determine which financial products qualify as “green” should be delayed until the end of 2022, EU governments agreed on Wednesday, stirring concern…
Oil CEOs push carbon-capture efforts ahead of climate talks
Reuters/New York A group of 13 major oil companies charted out a plan yesterday to promote investments in carbon capture, use and storage (CCUS), ahead of a gathering in New York. Oil…
Coal may outlive climate change but can’t survive the drought
Bloomberg/Vienna Asia’s prolonged binge on coal is making the grids that transmit power to a third of the world’s people brittle and prone to failure. That’s the conclusion of new research in…
Bearish signal for crude as China closes in on filling oil storage
One of the fascinating tidbits to come to light in the wake of the attacks on Saudi Arabia’s crude facilities was China’s disclosure that it has enough oil inventories to last 80…