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...Techs vs transports Four of the five mammoth technology companies (Meta, Amazon, Alphabet and Microsoft) have now reported, and colour us impressed....
...“You see far less personal car ownership in Europe and the UK, and greater uptake of public transport and other solutions,” he says....
...“We have to weigh transport, fishing, birdlife, oil and gas — and find the right solutions,” Støre told the Financial Times....
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...Diesel is a critical input for US industry, construction and goods transport....
...Beyond petroleum?...
...“The solution is not to change the target....
...And in the case of Zero Petroleum, fuel is made from carbon captured directly from the air. So in theory, they’re carbon-neutral and you can see the attraction of this kind of solution for airlines....
...The firm is currently involved in projects in the production, storage and transport of hydrogen....
..., which places foreign workers in the US transport industry....
...That means they're turning to most obvious solutions....
...Any solutions to the crisis may result in higher prices for consumers....
...“Vessels that run on LPG (liquefied petroleum gas) can, in the future, be converted to run on ammonia....
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...It serves some of the country’s main transport hubs, including Hartsfield-Jackson airport in Atlanta....
...A company he owned called Petroleum LLP signed a memorandum of understanding to transport 300,000 tonnes of steel for use in making the pipelines, according to a 2011 email from the company’s boss....
...Although hydrogen has long been used in industrial processes, such as the manufacture of petroleum products, currently it is largely derived from fossil fuels and is responsible for 830m tonnes of carbon...
...One solution could be to tie executive compensation to ESG goals. Companies have started doing this in piecemeal approaches that do not actually change corporate behaviour....
...There had been “a lack of trust in finding local solutions”. Things were shifting, however, said Prof Ham....
...The American Petroleum Industry, Big Oil’s most powerful lobby group, said the move was the “wrong approach at the wrong time”....
...And with all the problems petroleum is creating for legacy producers, at the right price Warren Buffett is willing to be a solution. Go deeper with Lex....
...In the short term, petroleum products markets will need to adjust to a sudden loss of supply at the start of the summer holiday driving season....
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