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These turbines could carry the future for big oil and gas explorers.

Is this the direction for decarbonizing- and for big hydrocarbon concerns? (Image courtesy of Pixabay.)

Oil and Gas Multinationals Tempt Investors to Stick Around Through the Transition

Will Baker
November 09, 2020
  • Topics:
  • Commercial and Industrial Markets
  • Economic Opportunity
  • Fossil Fuels
  • International Markets
Equinor Strategy Summit, Norway, 2019 – Executives of Equinor (formerly known as Statoil) were holed up in a room drinking hot chocolate after a day of skiing. Strategy staff members presented them with a list of unidentified companies (“Company 1,” “Company 2,” “Company 3”) along with historical and projected returns...
Smokestacks

Lowell, MA / Curran Kelleher / CC BY 2.0

Startup Opus 12 Pilots Carbon Conversion Technology

Ben Soltoff
October 30, 2019
  • Topics:
  • Economic Opportunity
  • Fossil Fuels
  • Climate Resilience
What if excess carbon in the atmosphere could be converted to more useful forms? That’s the ultimate goal of carbon conversion companies such as Opus 12, a startup in Berkeley, California. Making stuff out of carbon dioxide could be a trillion-dollar industry by 2030, and it creates an economic incentive...
Greta Thunberg at New York City climate strike

Climate activist Greta Thunberg at New York City's Climate Strike in September 2019. (AP Photo/Eduardo Munoz Alvarez.)

Part V: Building the Low-Carbon Future

Robert J. Klee
October 01, 2019
  • Topics:
  • Economic Opportunity
  • Fossil Fuels
  • Climate Resilience
The policies explored in this series, taken together and adopted at national scale, would allow the United States to do its part in limiting global warming to 1.5°C. Can it be done? The final installment of “Look to the States” concludes with an outlook and some tools — drawing once...
BMW i3 charging

A BMW i3 charging / Karlis Dambrans / CC BY 2.0

Part IV: Zero-Carbon Transit

Robert J. Klee
October 01, 2019
  • Topics:
  • Economic Opportunity
  • Fossil Fuels
  • Climate Resilience
To support decarbonization efforts, we will have to overhaul our transportation system. Over the course of the past century, we used fossil fuels to revolutionize the way we move from place to place — creating unprecedented mobility, but substantially contributing to climate change. About 30% of U.S. greenhouse gas emissions...
Rooftop solar installers in CO

Workers install rooftop solar panels at the National Renewable Energy Laboratory's Research Support Facility in Golden, CO in 2013 / U.S. Department of Energy

Part III: A Modernized, Efficient and Equitable Electric Grid

Robert J. Klee
October 01, 2019
  • Topics:
  • Economic Opportunity
  • Fossil Fuels
  • Climate Resilience
States across the country have led efforts to revamp the electric grid: modernizing century-old systems, promoting energy efficiency, and investing in distributed energy generation that replaces central grids. Through smart investment and incentives, the federal government has the ability to usher in this new energy future nationwide, and ensure that...
Block Island Wind Farm

Block Island Wind Farm / Chris Bentley / CC BY-NC-ND 2.0

Part II: Setting Climate Targets and Creating Tools to Achieve Them

Robert J. Klee
October 01, 2019
  • Topics:
  • Economic Opportunity
  • Fossil Fuels
  • Climate Resilience
For years, red and blue states across the country have been building the policy architecture for ambitious national climate action. Part II of "Searching for a New Deal on Climate" explores how the federal government can follow the states’ lead on setting economy-wide greenhouse gas targets, establishing renewable energy requirements...
Brayton Point

Demolition of Brayton Point, the last coal-fired power plant in Massachusetts, in April 2019. The location will serve as a site for future offshore wind development. (Dave Souza/The Herald News of Fall River via AP)

Part I: Searching for a New Deal on Climate? Look to the States

Robert J. Klee
October 01, 2019
  • Topics:
  • Economic Opportunity
  • Fossil Fuels
  • Climate Resilience
Is there a version of decarbonization somewhere out there that is aggressive enough to meet the bar set by the scientists, yet pragmatic enough to work politically and as a matter of law and policy? Yes, there is. We should look no further than the blue and red states that...
Global Thermostat's Menlo Park, CA Plant

Global Thermostat co-founder Graciela Chichilnisky at the company's demo plant in Menlo Park, California / Photo courtesy of Global Thermostat

ExxonMobil and Global Thermostat Look to Scale Carbon Capture

Ben Soltoff
September 16, 2019
  • Topics:
  • Fossil Fuels
  • Climate Resilience
  • Research
This summer, ExxonMobil announced it would be working with carbon removal company Global Thermostat to help scale up their technology, with an eye towards large industrial applications. The announcement is the latest indicator that fossil fuel companies are looking ahead towards a world that’s far less friendly towards their products...

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