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Time for divestment and oil subsidy campaigns to join forces?

2016-06-23 12:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: Despite the Paris pledge to limit global warming to well below 2C, large amounts of both public and private money continue to flow into the fossil fuel industry. The Paris Agreement refers only tangentially those financial flows even a reference to high-emission investments was cut. And only 13 countries mentioned fossil fuel subsidy reform in their national pledges. Yet outside of the UN climate talks, two different campaigns are shedding light on fossil fuel finance, and pushing to...

Tags: time join oil forces

 

Southern Oil to build new biofuels lab in Queensland; focus on renewable diesel and jet

2016-06-23 11:56:01| Green Car Congress

Tags: build focus oil southern

 
 

Increase in US rig count will not cap oil prices

2016-06-23 11:56:01| Green Car Congress

Tags: increase prices count oil

 

US oil and gas production dramatically increasing harmful ozone-causing ethane

2016-06-23 10:53:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Harmful ozone-causing emissions are on the rise again, a new study has found. Naturally occurring ozone in the upper atmosphere is good, protecting us from the suns ultra-violet rays. But ground-level ozone, formed from reactions between nitrogen oxides and non-methane hydrocarbons can be very damaging, triggering a number of health problems such as asthma and lung diseases. Ethane, a non-methane hydrocarbon, is a major precursor of ground-level ozone. Ethane emissions peaked in 1970, but decreased...

Tags: production gas increasing oil

 

Oil prices rise as markets await opinion polls on Brexit

2016-06-23 01:00:00| Offshore Technology

Oil prices have increased with money and equity markets awaiting opinion polls on Britons remaining in the EU in today's referendum on membership.

Tags: prices opinion oil rise

 

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