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...Officials dismiss that criticism, pointing to a new strategy adopted on Monday to build and subsidise new gas-fired power plants that can switch to hydrogen, a move that will ensure sufficient back-up capacity...
...The UK’s energy regulator has commissioned a probe into power company Drax’s compliance with sustainability rules, after growing external scrutiny of the wood it burns to generate electricity....
...The case raises the question over whether companies will make greater use of the courts rather than the SEC process to fight shareholder proposals that they don’t want to see on their proxy card,” said Lindsey...
...More popular on both sides of the Atlantic have been “say on climate” proposals, aimed at forcing companies to submit their energy transition plans for shareholder approval....
...Prax Group is trying to expand into Europe after rising to prominence in the UK with its purchase of the Lindsey Oil Refinery in North Lincolnshire, England from Total in 2020....
...Utilities have also delayed coal plant retirements in Nebraska and Missouri....
...New mysteries have emerged, too, above all about the nature of the dark matter and dark energy that seem to make up 95 per cent of the universe....
...It’s one thing to specifically attack, say, Labour policies on new oil and gas....
...When Vicki Hollub flew Occidental Petroleum’s Gulfstream V jet to Omaha for a meeting with billionaire investor Warren Buffett in April 2019, she needed cash to place a bet....
...New Fortress Energy, a US-listed gas producer, is also developing a hydrogen plant....
...v) Do recent financial challenges for the company require a reassessment of its climate commitments? The war in Ukraine might be seen as a “black swan” event for global energy markets....
...Energy jitters: European gas prices have doubled in just 10 trading days, suggesting the continent should still worry about supplies....
...As it chronicles how facts have held less sway than punchy PR, Big Oil v The World sadly seems destined to suffer the same fate....
...Missouri’s Ameren, another utility group, has been in a legal battle over the closure of its Rush Island coal plant....
...But dismal forecasts are easing, aided by lower gas prices. Central bankers have slowed down interest rate rises....
...among the financial institutions that have told a UK inquiry they will continue to invest in fossil fuels and do not subscribe to the view that climate change plans require an end to new coal, oil and gas...
...This technology will be integrated into a Rolls-Royce gas turbine engine....
...Tata Steel’s chief executive, T V Narendran, warned that time was running short to make the business sustainable given high energy prices....
...“We’ve priced out the tail risk of blackouts and energy rationing, but European equities look overbought,” said Tim Drayson, head of economics at LGIM....
...It would also mitigate the environmental impact of a food system that contributes up to a third of the world’s greenhouse gas emissions....
...Reliance’s chief financial officer V Srikanth said in a May earnings call that the company had “minimised feedstock cost by sourcing arbitrage barrels”....
...And let’s not overlook the backlash to the Supreme Court rule, the Dobbs ruling on scrapping Roe v Wade....
...in the Kurdish oil and gas sector....
...Big European banks have said they are sticking with their climate commitments — despite the energy crisis — and are angry with their American counterparts for turning tail....
...Our agricultural systems developed in a frame where energy was considered essentially unlimited and very cheap. So we have substituted fossil energy for human labour, animal labour....
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