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Stories Tagged as

Fossil fuel industry

A Warmer World

As weather gets less predictable, hydropower dams look to new forecasting techniques

by Amy Scott and Sarah Leeson
Oct 24, 2023
"Forecast-informed reservoir operations" may help planners deal more effectively with flood or drought conditions.
Dams were built during a much different climate regime from the conditions we're experiencing and expecting. Operators of the facilities are seeking ways to adapt.
Lars Hagberg/AFP via Getty Images
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A Warmer World

Big banks are succeeding at turning a profit, struggling to meet climate commitments

by Ali Budner
Apr 27, 2023
Two recent studies show the biggest banks are still not doing enough to meet the goals of the Paris Climate agreement.
If banks over-invest in fossil fuels, "They're going to suffer consequences in terms of profitability later on," said UC Santa Cruz professor Galina Hale.
Frederic J. Brown/AFP via Getty Images
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Oil prices are plummeting as the banking crisis unfolds

by Lily Jamali
Mar 21, 2023
Trouble in the banking sector is scrambling expectations of how much oil the global economy needs right now.
Oil pumpjacks stand in the Inglewood Oil Field on in Los Angeles, California.
Mario Tama/Getty Images
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Firms race to liquefy more natural gas as global demand soars

by Andy Uhler
Jan 3, 2022
LNG is proving popular as a "bridge fuel" while countries transition from coal and oil to renewables.
LNG could play a crucial role in the transition to net-zero carbon emissions. Above, a ship containing liquefied natural gas at Adriatic LNG Terminal, off the coast of Italy.
Marco Sabadin/AFP via Getty Images
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How might putting a price on carbon work to curb emissions?

by Mitchell Hartman
Mar 3, 2021
One way to pay directly for the cost of climate damage from fossil fuels is to impose a tax on carbon.
More expensive fuel discourages consumers from burning as much and encourages fuel efficiency.
Sean Gallup/Getty Images
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New energy secretary is likely to continue in predecessor's path

by Nova Safo
Dec 11, 2019
Dan Brouillette served under the previous secretary in a deputy role
U.S. Deputy Energy Secretary Dan Brouillette speaks during a press conference with the German Economy Minister on February 12, 2019 at the Economy Ministry in Berlin.
Odd Andersen/AFP via Getty Images
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How the Rockefellers came to be at odds with Big Oil

by Kai Ryssdal and Sean McHenry
Jan 12, 2018
Earlier this week, New York City Mayor Bill de Blasio announced that New York City would divest its pension funds from fossil fuels and that the city would sue the big five oil companies. The reason? To collect damages for the cost of coping with the effects of climate change on city infrastructure. The irony […]
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Why do big companies support a carbon tax?

by Ryan Kailath
Jun 20, 2017
A group called the Climate Leadership Council put out a plan for a carbon tax earlier this year, and it’s made up not just of environmentalist types, though there are some of those, but also conservative Republicans and business leaders. Its founding members include multinational corporations, including fossil fuel and auto companies like Exxon Mobil, […]
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