Researchers for the banking on climate chaos report, now in its 15th edition, analysed the world’s top 60 banks’ underwriting and lending to more than 4,200 fossil fuel firms and companies…Continue readingBanks have given almost $7tn to fossil fuel firms since Paris deal
Tag: usa
America’s oil and gas industry has flourished under Biden. At more than 13mn b/d, production is at record levels, exports of American hydrocarbons have surged and the scale of annual profits…Continue readingBig Oil boomed under Biden. So why does it hate him?
California in North America has ended up being at the frontline of the climate crisis in recent years, lurching between extreme drought and excessive rain. To understand what might have triggered…Continue readingWhat’s driving California’s extreme weather?
The Whiptail project, which will use a Floating Production Storage and Offloading (FPSO) vessel, will entail an investment of around $12.7bn. It would include up to ten drill centres with 48…Continue readingExxonMobil decides to proceed with Whiptail development offshore Guyana
Global heating has pushed the world’s coral reefs to a fourth planet-wide mass bleaching event that is on track to be the most extensive on record, US government scientists have confirmed.…Continue readingGlobal heating pushes coral reefs towards worst planet-wide mass bleaching on record
Peregrine falcon populations across North America are heavily contaminated with harmful flame retardants–including those that have been phased out for years—according to a new study published in Environmental Science & Technology.…Continue readingPeregrine falcons expose lasting harms of flame retardant use
A report by Global Energy Monitor found that coal power capacity grew by 2% last year, driven by an increase in new coal plants across China and a slowdown of plant…Continue readingWorld’s coal power capacity rises despite climate warnings
Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure. “In the real world,…Continue readingSaudi Aramco CEO calls energy transition strategy a failure
Big Oil used an industry conference this week to argue against a rapid transition to green energy, as fossil fuel companies are emboldened by high demand and record profits despite rising…Continue readingOil executives talk down rapid shift to green energy as profits boom
On the border with New Hampshire and Massachusetts – about 35 miles north of Boston – is Salisbury, a coastal town and popular summer destination for tourists. But for those who…Continue readingMassachusetts town grapples with sea rise after sand barrier fails
Planet-heating methane released by the fossil fuel industry rose to near record highs in 2023 despite technology available to curb this pollution at virtually no cost, the International Energy Agency said…Continue readingMethane emissions from energy sector rose in 2023: IEA
Vast swaths of the United States are at risk of running short of power as electricity-hungry data centers and clean-technology factories proliferate around the country, leaving utilities and regulators grasping for…Continue readingAmid explosive demand, America is running out of power
For the first time, clean energy in the United States is at the same price as energy from burning fossil fuels thanks to policy measures. The report found that electric vehicle…Continue readingWhat’s slowing down America’s clean energy transition? It’s not the cost
While ice cover across the Great Lakes – a network of five freshwater lakes about the size of the United Kingdom – has been declining since the early 1970s, this year…Continue readingVanishing ice and snow: record warm winter wreaks havoc across US midwest
Profits for the biggest US oil and gas producers have almost tripled under President Joe Biden, even as the industry berates his administration’s “hostile” policies and warns that a second term…Continue readingOil and gas profits triple under Joe Biden even as industry decries him
Shell has commenced production at Rydberg, a subsea tie-back to the Appomattox production hub in the Gulf of Mexico. Rydberg is a conventional oil development located in ultra-deepwater in the US,…Continue readingShell begins production from Rydberg project in US Gulf of Mexico
Launched in 2017, Climate Action 100+ aims to work with companies to halve their greenhouse gas emissions by 2030, through governance reforms, the elimination of emission through the value chain and…Continue readingBig firms with $7 tn exit climate investment pressure group
There’s no precedent in at least five centuries for how hot and dry the West has been in the last two decades, new research asserts using analysis of tree rings. The…Continue readingUS West’s ‘hot drought’ is unprecedented in more than 500 years
Exxon posted full-year net income of $36bn, down from $55.7bn the previous year, but otherwise its biggest profit since 2012. Chevron’s net income of $21.4bn was down from $35.5bn the previous…Continue readingExxonMobil and Chevron notch second-biggest annual profits in decade
The U.S., Mexico and countries in the Caribbean are being battered by hurricane-induced ocean waves that have grown in areal size by 80% over the past 40 years, a new study…Continue readingHurricane waves hitting Americas grow 20% per decade
A research study for the Bureau of Transportation Statistics focused on the number of daily trips taken in the United States. In 2021, 52% of all trips, including all modes of…Continue readingMore than Half of all Daily Trips in US Were Less than Three Miles in 2021
More than 400 oil and gas projects were approved globally in the last two years despite calls to abandon all new hydrocarbon development, new figures showed as the UN COP28 climate…Continue readingHundreds of new oil and gas projects approved despite climate crisis
A new investigation by human rights experts appointed by the United Nations has expressed alarm at evidence of pollution from a North Carolina PFAS manufacturing plant, describing it as “alleged human…Continue readingUN human rights experts express alarm over PFAS pollution in North Carolina
US industry disposed of at least 60m pounds of PFAS “forever chemical” waste over the last five years, and did so with processes that probably pollute the environment around disposal sites,…Continue readingUS industry disposed of at least 60m pounds of PFAS waste in last five years
Excelerate Energy, a US-based liquefied natural gas (LNG) company, and Bangladesh Oil, Gas & Mineral Corporation (Petrobangla), a government-owned national gas company of Bangladesh, have entered into a long-term LNG sale…Continue readingExcelerate Energy signs 15-year LNG supply deal with Petrobangla
Elkhorn corals are already considered “functionally extinct” in the upper Keys, and other elkhorn and staghorn populations in the Florida Reef are following suit, according to Liv Williamson, an assistant scientist…Continue readingCoral researchers see ‘mass mortality’ amid Florida Reef bleaching crisis
An unprecedented rise in ocean temperatures off the coast of Florida early in the summer made headlines as it caused countless dead fish to wash ashore. But the impact had an…Continue readingResearchers report mass bleaching of coral reefs in warming Florida oceans: ‘Like a forest without trees’
Heat waves have always been part of summer, but the familiar short periods of oppressive conditions have grown into weeks to months of sweltering heat. Research has shown that heat waves…Continue readingHere are the places that could become too hot for humans due to climate change
Denmark’s Ørsted has cancelled two big offshore windfarm projects in the US at a cost of more than £3bn amid surging costs facing the global wind industry. Shares in the world’s…Continue readingØrsted cancels two US offshore windfarm projects at £3.3bn cost
From the Great Lakes in the north to Louisiana in the south, the majestic Mississippi is a shadow of its former self. For the second straight year, water levels in North…Continue readingThe mighty Mississippi, America’s water highway, is dangerously low
Competitive Power Ventures (CPV) celebrated with its partners, local officials and supporters the successful completion of the CPV Three Rivers Energy Center (CPV Three Rivers) in Grundy County, IL. Located approximately…Continue readingCompetitive Power Ventures completes 1.25GW Three Rivers natural gas-fired plant
ExxonMobil has signed an all-stock deal worth $59.5bn to acquire Pioneer Natural Resources, an American publicly listed company focused on upstream operations in the Permian shale basin. The merger brings together…Continue readingExxonMobil signs $60bn all-stock deal to acquire Pioneer Natural Resources
Chevron has agreed to acquire rival American publicly listed oil and gas company Hess in an all-stock deal worth $53bn in a move to upgrade and diversify its portfolio. After the…Continue readingChevron signs $53bn all-stock deal to acquire rival oil and gas firm Hess
The ocean floor is shaping up to be the world’s next theater of global resource competition — and China is set to dominate it. The sea is believed to hold several…Continue readingChina is set to dominate the deep sea and its wealth of rare metals
Seatrium Limited announced the successful delivery of the Floating Production Unit (FPU), Whale, for deployment in the Gulf of Mexico, in accordance with the contract secured in November 2019 with Shell…Continue readingSeatrium delivers floating production unit for Gulf of Mexico project
For the past couple of decades, tens of thousands of people living in rural Sri Lanka have been devastated by kidney failure due to unclear causes, also known as CKDu. Similar…Continue readingRoundup herbicide ingredient connected to epidemic levels of chronic kidney disease
ExxonMobil is buying itsoil and gas rival Pioneer Natural Resources in a $59.5 billion megadeal. The latest ExxonMobil deal creates a shale-drilling behemoth in the U.S. Permian Basin, where both it…Continue readingExxonMobil doubles down on fossil fuels with $59.5 billion Pioneer deal
If global temperatures increase by 2°C above pre-industrial levels, the 2.2 billion residents of Pakistan and India’s Indus River Valley, the one billion people living in eastern China and the 800…Continue readingClimate-driven extreme heat may make parts of Earth too hot for humans
At least 1,000 birds died from colliding into a single building in Chicago on Thursday, 5 October, as they migrated south to their wintering grounds. Volunteers are still recovering bird carcasses…Continue readingAt least 1,000 birds died from colliding with one Chicago building in one day
New York City and its adjoining areas have been brought to a standstill after a bout of torrential downpours triggered flash flooding, disrupting subway service, inundating ground-level apartments and delaying flights.…Continue readingFlash flooding inundates New York City
Australian oil and gas company Woodside Energy announced that its Shenzi North project has commenced production in the deepwater US Gulf of Mexico. Discovered in 2002, the Shenzi platform achieved its…Continue readingWoodside announces start of production at Shenzi North project
Between January and August, the United States was struck by a record-breaking 23 weather and climate disasters where losses exceeded $1 billion in each case. The tally for 2023 has already…Continue readingUS hit by record number of billion-dollar disasters so far this year
Two women climbed in the dark down the banks of the Greenbrier River in West Virginia on Thursday morning and locked themselves to a massive drill, stopping work on a controversial…Continue readingUS climate scientist risks felony by chaining herself to pipeline drill
More than 450 fires have scorched parts of Louisiana amid weeks of record-breaking heat and severe drought conditions. The Tiger Island Fire, the largest wildfire in the state’s history, tore through…Continue readingLouisiana sees ‘unprecedented’ wildfires amid record heat, drought
Hurricane Idalia could become the costliest climate disaster to hit the US this year, analysts say, with massive implications for the insurance and risk management industries. The category 3 storm that…Continue readingHurricane Idalia could become 2023’s costliest climate disaster for the US
U.S. oil production — already the highest in the world — is on track to set a new record this year, and will probably rise even more in 2024. U.S. oil…Continue readingThe U.S. is pumping oil faster than ever. Republicans don’t care.
About 90% of water samples taken over the last 10 years from the Great Lakes contain microplastic levels that are unsafe for wildlife, a new peer-reviewed paper from the University of…Continue reading90% of Great Lakes water samples have unsafe microplastic levels
The water of as many as 26 million Americans is contaminated, according to an analysis of the new EPA data performed by the Environmental Working Group (EWG), a Washington DC-based non-profit.…Continue readingDrinking water of millions of Americans contaminated with ‘forever chemicals’
Scientists and academics say they have been warning for several years that invasive grasses covering a quarter of the Hawaii islands are a major fire risk. Untamed grassland helped fuel the…Continue readingNon-native grass species blamed for ferocity of Hawaii wildfires
Corals across several countries are bleaching and dying en masse from unprecedented levels of heat stress, prompting fears that an unfolding tragedy in Central America, North America and the Caribbean could…Continue reading‘Huge’ coral bleaching unfolding across the Americas prompts fears of global tragedy
Over the past few weeks, a large-scale rescue operation has been under way off the coast and keys of Florida. It began as water temperatures were rising towards a peak of…Continue readingMissing ice and bleached coral: the sudden warming of the oceans
A massive fire burning through the desert in California and southern Nevada has scorched tens of thousands of acres in a biodiverse national preserve and torched its iconic Joshua trees. The…Continue readingHuge wildfire explodes in southern California and spreads into Nevada
The Colorado River Basin provides freshwater to more than 40 million people within the semi-arid southwestern United States, including major cities such as Las Vegas and Los Angeles. However, between 2000…Continue readingColorado River Basin megadrought caused by massive 86% decline in snowpack runoff
Shallow waters off south Florida topped 100 degrees Fahrenheit (37.8˚C) for several hours on Monday, potentially setting a new world record with temperatures more commonly associated with hot tubs. The readings…Continue readingFlorida ocean temperature topped 100˚F, setting potential record
A blistering heatwave that has engulfed the southern US over the past four weeks has spread to the Great Plains, midwest, mid-Atlantic and north-eastern regions, placing about 190 million Americans under…Continue readingBlistering US heatwave spreads from south and scorches 190m Americans
China Tourists flocked to a giant thermometer in China showing surface temperatures of 80 degrees Celsius (176 degress Fahrenheit) on Wednesday, the latest extreme weather sparking havoc and curiosity around the…Continue readingHeatwaves set more records across Europe, Asia and US
Extreme rainfall accompanied by deadly flooding hit the United States and several other countries over the weekend and last week. In the U.S., flooding claimed five lives in Upper Makefield Township,…Continue readingDeadly flooding hit several countries at once. Scientists say this will only be more common
Swaths of the United States home to more than 80 million people were under heat warnings or advisories Sunday, as relentless, record-breaking temperatures continued to bake western and southern states. In…Continue readingUS West and South bake under extended heat wave
Schools in Delhi closed after monsoon rains caused landslides and flash floods on Monday. More than 50 people died across northern India, including in the Himachal Pradesh and Uttarakhand states. In…Continue readingGlobal warming is supercharging weather events, say scientists
Arizona’s capital city is nicknamed “Valley of the Sun”, and residents are used to scorching heat. But by day 12 of a vicious heatwave that’s sent temperatures soaring into triple digits,…Continue reading‘Hell on earth’: Phoenix’s extreme heatwave tests the limits of survival
In what is considered to be the nation’s first large-scale analysis of PFAS in tap water from private wells and public water supplies, researchers estimated that at least 45% of drinking…Continue readingRisk of tap water exposure to toxic PFAS chemicals higher in Southern California
PFAS is used in almost all industries and is found in many products such as textiles, carpets, shoes, food packaging, cosmetics, fire foam and pesticides. The hunting community in Ittoqqotoormiit (Scoresby…Continue readingAlarmingly high PFAS levels found in the populations of Greenland, the Faroe Islands, Denmark and the UK
The beginning of July marked the planet’s hottest week in recorded history. Last month was the warmest-ever June. The arrival of a strong El Niño is likely to push global temperatures…Continue readingScientists are freaking out about surging temperatures. Why aren’t politicians?
The water off South Florida is over 90 degrees Fahrenheit (32 Celsius) in mid-July, and scientists are already seeing signs of coral bleaching off Central and South America. Particularly concerning is…Continue readingCorals are starting to bleach as global ocean temperatures hit record highs
Phoenix will record its 15th straight day above 109 degrees Fahrenheit (43 degrees Celsius) on Friday, according to the National Weather Services (NWS). In Texas, the city of El Paso is…Continue readingSouthwest US roasts in devastating heat wave
Drinking water from nearly half of U.S. faucets likely contains “forever chemicals” that may cause cancer and other health problems, according to a government study released Wednesday. The synthetic compounds known…Continue readingStudy says drinking water from nearly half of US faucets contains potentially harmful chemicals
“The world just had the hottest week on record, according to preliminary data,” the WMO said in a statement, after climate change and the early stages of the El Nino weather…Continue readingLast week the hottest worldwide on record: UN
Farmers Insurance became the latest property insurer to pull out of Florida on Tuesday despite repeated efforts by the state’s legislature and its Republican governor, Ron DeSantis, to try to calm…Continue reading‘Cascading impacts’ warning as Farmers becomes latest insurer to quit Florida
A team of civil engineers, climate scientists and bioresource engineers has found that the number of people in the U.S. exposed to wildfires has doubled over the past 20 years. They…Continue readingStudy shows number of people in US exposed to wildfires over past 20 years has doubled
Seven out of eight US kale samples recently tested for toxic PFAS “forever chemicals” contained high levels of the compounds. The testing looked at conventional and organic kale bought at grocery…Continue readingNew report finds most US kale samples contain ‘disturbing’ levels of ‘forever chemicals’
As of Wednesday, more than eight million hectares (20 million acres) of forests and grasslands had burned across Canada, breaking an annual record of 7.3 million hectares set in 1989. And…Continue readingCanada wildfire smoke chokes millions in North America
At least 13 people have died from the extreme heat wave that has been tormenting the southern United States for two weeks. In recent days, temperatures in some southern US cities…Continue readingAt least 13 die in extreme heat wave in US
Experts say the drought in the central U.S. is the worst since at least 2012, and in some areas, is drawing comparisons to the 1988 drought that devastated corn, wheat and…Continue readingCentral US is now getting worst of the drought. Corn crops are stressed, rivers are running low
Environmental groups are suing the US Environmental Protection Agency over pesticide-coated seeds they say have “devastating environmental impacts” and are spread largely without regulatory oversight. The suit alleges the neonicotinoid seeds…Continue readingEPA sued over pesticide-coated seeds’ ‘devastating impacts’ on US wildlife
:format(webp)/cdn.vox-cdn.com/uploads/chorus_asset/file/24648457/643866584.jpg "The EPA tightens pollution standards for power plants, with a big loophole for coal and gas")
The proposed mandate requires existing power plants to start limiting their carbon dioxide emissions in 2030, introducing restrictions that would become more stringent over time. Any new gas power plants would…Continue readingThe EPA tightens pollution standards for power plants, with a big loophole for coal and gas
Two years ago, a multibillion-dollar natural gas export project planned for Alaska appeared all but dead, the victim of tough economics and Donald Trump’s trade wars. But now it’s got fresh…Continue readingAnother big Alaska fossil fuel project gets Biden team’s blessing
“The world will need these vital oil resources to meet future energy demand and help ensure an affordable, just and secure energy transition.” The Uaru field development project, which is expected…Continue readingExxonMobil, Hess take FID on $12.7bn Uaru oil project offshore Guyana
We analyzed fire danger trends in different elevation bands of the Western U.S. mountains from 1979 to 2020. Fire danger describes conditions that reflect the potential for a fire to ignite…Continue readingFire danger in the high mountains is intensifying, shows study of four decades of data
The UK has lost 40m birds since 1970 and Europe as a whole has lost 600m birds since 1980. The British figures, especially for farmland species such as skylark and lapwing,…Continue readingLook up, listen, and be very concerned. Birds are vanishing – and their crisis is our crisis
Starlee Sykes, head of BP’s Gulf of Mexico business, told the Financial Times in an interview that the company had responded to Biden’s call and planned to continue exploration for new…Continue readingBP commits to Gulf of Mexico as $9bn platform comes online
Multiple new studies highlight a rate of sea level rise that is ‘unprecedented in at least 120 years’ along the Gulf of Mexico and southeastern U.S. coast.Continue readingSeas have drastically risen along southern U.S. coast in past decade
The Papua LNG project will have an LNG liquefaction capacity of around four million tons per year (Mtpa). It will be built near the existing processing facilities of the PNG LNG…Continue readingJGC, Hyundai win downstream FEED contract for Papua LNG project
Sempra announced that it reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. “At Sempra,…Continue readingSempra launches Port Arthur LNG project
Following the expansion through the addition of a third crude unit, the total crude refining processing capacity of the Beaumont refinery in Texas, US has gone up by over 65% from…Continue readingExxonMobil starts operations at $2bn Beaumont refinery expansion project
Results show scale of windfall from high oil prices following invasion of Ukraine.Continue readingExxonMobil posts record $56bn profit