Volkswagen Aims to Use Its Size to Head Off Tesla

The German carmaker outlined ambitious goals to build battery factories as it ties its fate to electric cars.

#bp-plc, #diess-herbert, #electric-and-hybrid-vehicles, #factories-and-manufacturing, #germany, #tesla-motors-inc, #ubs-ag, #volkswagen-ag

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Oil Giants Prepare to Put Carbon Back in the Ground

Climate concerns push BP and other firms to seek new roles as pollution fighters.

#bp-plc, #carbon-capture-and-sequestration, #carbon-dioxide, #factories-and-manufacturing, #global-warming, #great-britain, #greenhouse-gas-emissions, #labor-and-jobs, #lane-andy-oil-executive, #oil-petroleum-and-gasoline, #teesside-england

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Big Step Forward for $50 Billion Plan to Save Louisiana Coast

An environmental assessment said the project’s next step would largely benefit coastal areas, though it might also affect some marine life, especially dolphins.

#army-corps-of-engineers, #bp-plc, #coast-erosion, #dolphins-and-porpoises, #fish-and-other-marine-life, #fishing-commercial, #floods, #global-warming, #gulf-of-mexico, #levees-and-dams, #louisiana, #mississippi-river, #oil-spills, #wetlands

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After a Bruising Year, the Oil Industry Confronts a Diminished Future

Big oil companies lost billions in 2020 because of the pandemic and face broad questions about how they will adapt to climate change and regulations.

#automobiles, #biden-joseph-r-jr, #bp-plc, #coronavirus-2019-ncov, #electric-and-hybrid-vehicles, #europe, #exxon-mobil-corp, #fuel-efficiency, #greenhouse-gas-emissions, #looney-bernard-1970, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #united-states, #woods-darren-w-1965

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New York State’s Divestment Threat Is a Victory for Climate Activists

The comptroller’s threat to pull billions from fossil fuel investments is a big victory for climate activists.

#alternative-and-renewable-energy, #bp-plc, #carbon-dioxide, #coal, #dinapoli-thomas-p, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #natural-gas, #new-york-city, #new-york-state, #office-of-the-comptroller-nys, #oil-petroleum-and-gasoline, #pensions-and-retirement-plans, #stringer-scott-m, #united-nations-framework-convention-on-climate-change

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U.S. and European Oil Giants Go Different Ways on Climate Change

While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.

#alternative-and-renewable-energy, #bp-plc, #carbon-capture-and-sequestration, #carbon-dioxide, #chevron-corporation, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #hydrocarbons, #natural-gas, #oil-petroleum-and-gasoline

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Europe’s Big Oil Companies Are Turning Electric

Under pressure from governments and investors, industry leaders like BP and Shell are accelerating their production of cleaner energy.

#alternative-and-renewable-energy, #bp-plc, #descalzi-claudio-1955, #electric-light-and-power, #energy-and-power, #eni-spa, #greenhouse-gas-emissions, #looney-bernard-1970, #oil-petroleum-and-gasoline, #royal-dutch-shell-plc

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BP Reports a Huge Loss and Vows to Increase Renewable Investment

The European oil giant has plans for a future with more electrical generation.

#alternative-and-renewable-energy, #bp-plc, #coronavirus-2019-ncov, #energy-and-power, #global-warming, #greenhouse-gas-emissions, #looney-bernard-1970, #oil-petroleum-and-gasoline

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BP Prepares for a Future That Needs Less Oil

The energy giant said its oil and gas assets were worth less, a move reflecting broad changes in the industry.

#bp-plc, #coronavirus-2019-ncov, #global-warming, #looney-bernard, #natural-gas, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates

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A Decade After Deepwater Horizon

Rolling back regulations ignores the central lessons from the country’s largest oil spill.

#audubon-society-national, #bp-plc, #coast-erosion, #deepwater-horizon, #environmental-defense-fund, #gulf-coast-us, #gulf-of-mexico-oil-spill-2010, #offshore-drilling-and-exploration, #oil-petroleum-and-gasoline, #oil-spills

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