On February 24, the Institute for Energy Economics and Financial Analysis posted on ieefa.org about the recent announcement by ExxonMobil to its shareholders that at the end of 2016, it has 19% “fewer proven and probable oil reserves.”
This is a good introduction to how Exxon “suddenly became smaller.” And why.
This Wall Street Journal article from November, 2016, reports on the trend of global oil producers beginning to acknowledge the inevitability of a shift from oil-based fuels to natural gas and renewables.
This report is about the benefits of Investing in a Clean Energy Economy.
“Economic risks of unmitigated climate change to American businesses and long-term investors are large and unacceptable.” This was the finding of the Risky Business Project, in their initial report in 2014, “Risky Business: The Economic Risks of Climate Change in the United States.”
The Co-Chairs of the Project are Michael Bloomberg, Henry Paulson Jr., and Tom Steyer.
Very useful data and analysis using modeling of four possible pathways to an 80% reduction in carbon emissions by 2050.
One of the policy foundations they call for is a price on carbon.
Eric S. Godoy and Aaron Jaffe’s opinion was published today in the Opinion in New York Times. They say “We don’t need a war on climate change, we need a revolution.”
The Missoulian published an interview with our Cross Country Cyclers as they visited Missoula and presented at Imagine Nation Brewing. Next stop is Great Falls. They will meet at the Celtic Cowboy on September 13 and talk about their trip for climate solutions awareness.
Follow them on Facebook! Low Carbon Crossings.