Warning: ExxonMobil may be in irreversible decline
ExxonMobil, like the rest of Big Oil, is in the midst of a serious slump.
Archive for year: 2016
Air pollution on Wall Street might actually be bringing down the stock market
Every week, it seems, we learn more about the consequences of air pollution — and in particular of the smallest airborne particles, known to scientists by the name PM2.5, which are capable of traveling deep into the lungs and entering the bloodstream, and from there, causing havoc.
OPEC may need help to end the global glut of oil
Even if OPEC defies a skeptical market by implementing output cuts in full, it still won’t drain the ocean of surplus oil already pumped from the ground.
Tesla zooms into the black with $21.9 million quarterly profit as vehicle sales jump
Tesla Motors reported just the second quarterly profit in its history as a public company, reversing a string of consecutive losses.
Audi dumps Le Mans for electric upstart Formula E
Audi announced this morning that they will end their participation in the series it spent a decade dominating, the World Endurance Championship—including the 24 Hours of Le Mans—to shift their focus to the all-electric Formula E championship. It’s one of the biggest shifts the racing world has seen in some time.
Total and Bill Gates invest $14 million in biomass conversion technology for biofuels
Biofuels and bioenergy have now become an essential component in the world’s renewable energy mix.
Anger still flares after judge OKs Volkswagen emissions deal
A federal judge approved the largest auto-scandal settlement in U.S. history Tuesday, giving nearly a half-million Volkswagen owners and leaseholders the choice between selling their cars back or having them repaired so they don’t cheat on emissions tests and spew excess pollution.
Automakers could be making a big mistake with their big bets on electric cars
A hundred years ago, the electric motor lost out to the gas engine. A century later, electric vehicles are staging a tepid comeback: they now make up about 1% of global auto sales.
What impact will the U.S. election have on oil demand?
One of the great unknowns to follow next month’s U.S. presidential election is what impact the next occupant of the White House will have on oil demand.
Air pollution more deadly in Africa than malnutrition or dirty water, study warns
Africa’s air pollution is causing more premature deaths than unsafe water or childhood malnutrition, and could develop into a health and climate crisis reminiscent of those seen in China and India, a study by a global policy forum has found.
