Trump Energy EO no Big Surprise

President Trump has issued an Executive Order about energy policy. It is published here (Vox) with useful annotations by George Washington University law professor Emily Hammond. As expected, Trump wants to roll back all efforts of the previous administration to do something about global warming. As Hammond explains, much of this will be litigated for … [Read more…]

Oil Mining Schedule Altcoin

Can blockchain technology contribute to solving global warming? One existing idea is Solarcoin. This is an altcoin project which sits around $4.2 million market cap right now (rank 62 at this moment). The idea is: People generating solar power can report this to the administrators of Solarcoin. These administrators will send them some solarcoin after … [Read more…]

Oil Companies as Scorpions

Chris Nelder pointed me to this column by Ed Crooks, as a part of our discussion on Phaseout Profit. It’s titled “Cooperation Impossible” and states that there is not much hope for American oil producers to cooperate with OPEC efforts and reduce production. The “Scorpions” in the title comes from a story about a frog … [Read more…]

Exxon Owns the White House

Many people have pointed out that the White House just lifted a passage from an Exxon press release and used it unchanged in their own press release. Bill McKibben is one of them. This may be not the best way to handle press releases for the American president. Presidents are not supposed to be spokesmen … [Read more…]

IEA Oil 2017 Report

The IEA has published a medium term forecast for the oil markets. Only part of the report is available for free here. They expect much higher oil prices a couple of years from now because the recent phase of low prices led to a strong reduction in exploration investments in 2015 and 2016. Excellent news, … [Read more…]

Anthony Hobley Close to Phaseout Profit

Carbon Tracker CEO Anthony Hobley spoke at the “Cambridge Climate Lecture Series” on Friday. The Youtube video of the event posted below shows his talk. He starts out explaining a bit about Carbon Tracker and its history. As he explains, people worried about climate change are somewhat “weird”, since they have a long-term perspective. And … [Read more…]