“We are on the cusp of the fastest, deepest, most consequential disruption of transportation in history.” Within ten years, we may witness a radical technological shake up in the way we drive as people switch from petrol and diesel engines to self-drive electric vehicles.
The electric vehicle revolution is happening – and may account for 25 per cent of the global vehicle fleet by 2040.
The renewable revolution is gathering apace according to new research. Last year was an “extraordinary” record year for the sector, with “the largest global capacity additions seen to date.”
I want to tell you a story about a man called Bob. Bob runs a large multinational oil company. His company has just recorded its worst ever record loss of $6.5 billion. He has sacked some 7,000 workers, ruining lives and ripping up livelihoods. His company has suffered a torrid, horrible year. His share price fell 13 per cent over the last year. His competitors all did much better.
The world’s first major tidal lagoon renewable energy scheme has moved a step closer after a Chinese construction company has been chosen to build the scheme in the UK.
How BP’s Outlook for Energy looks to the past not the future
Last week we exposed ExxonMobil’s Outlook for Energy as a corporate fantasy rather than a forecast. ExxonMobil’s head of public affairs called our work ill-informed and “odious” but chose not to answer our arguments…
How about some good news for a change? The end of the dominance of the oil age could be sooner than you think.
In the aftermath of the Fukushima nuclear disaster in Japan many commentators, including some leading environmentalists argued that despite the inherent risks of nuclear power, it was still a necessary evil in the battle about climate change. They joined other pro-nuclear voices that have been growing steadily over the last few years in arguing that … Read More
Three years ago during the last oil price hike when oil reached $150 a barrel, there were repeated calls for a concerted effort for the international community to finally wean itself off its chronic oil addiction. There were repeated calls that the combined financial crisis and energy crunch was a prefect reason to kick-start the … Read More