The International Energy Agency (IEA) released its 2022 World Energy Outlook (WEO), underscoring that accelerating investment in clean energy and efficiency, not new fossil fuels, is the answer to both climate and energy security crises. In a marked shift for the IEA, WEO 2022 essentially declares an end to the ‘golden age of gas,’ as a result of the current energy crisis cementing an economic case against gas expansion, on top of the clear climate case.
American LNG is not the answer to European gas crisis
One of the leading trade associations promoting fracking in the U.S. sees Putin’s war in Ukraine as a flagrant opportunity to sell more LNG gas. And lots of it. They are calling on the U.S. to “unleash American energy’s strength and security”.
Big Oil Bonanza: U.S. and European companies responsible for nearly USD100 billion to Putin & profiteering billions more from war
No words will ever be able to describe the full horror of war. The bombs, the bullets, the trauma. The wanton destruction of life. Hopes and dreams evaporated.
BP’s Russian lobby group scrubs its website clean of controversial links and past
A key British Russian lobbying group, the board of which included executives from BP, and whose hierarchy included British Royalty, British and Russian Ambassadors and ex-British parliamentarians, has quietly erased online content about its activities and personnel over the last few weeks.
As US and UK move to wean themselves off Putin’s gas, it’s time to invest in renewables
The solution to both the US and UK decisions to stop importing Russian oil and gas is not to drill for more oil, either in the US or UK – something the fossil fuel industry and its supporters are already arguing. It is to invest in renewables and alternatives such as heat pumps and weatherization.
How Big Oil courted and emboldened Putin for decades
For decades Big Oil courted Putin and helped him exploit Russia’s vast reserves. Big Oil poured billions into Russia’s war chest with devastating consequences.
Response to Ukraine crisis is not more oil and gas drilling, but investing in renewables
As I write the dire threat of war once again hangs over Europe after the Russian President, Vladimir Putin, recognised the self-proclaimed republics in Luhansk and Donetsk in Eastern Ukraine and ordered his troops over the border.
New Questions Raised Over Rex’s Russian Links
Later today, the 538 members of the Electoral College will meet to determine who will be the next President of the US.
Europe Eyes American Shale Gas
In the diplomatic fallout from the crisis in Crimea, European leaders are said to be scrambling to reduce their dependence on Russian gas. You cannot negotiate with Putin if he holds all the aces.