Big Oil’s Terrible, Horrible, No Good, Very Bad Week In a trifecta of dramatic outcomes, Wednesday May 26 saw ExxonMobil, Chevron and Shell each take it on the chin.
This article originally appeared in Oil Change International. David Turnbull
May 27, 2021
It has been a terrible, horrible, no good, very bad week or so for Big Oil…and that’s a very good thing for our climate.
Let’s recap:
Last week, the International Energy Agency released the groundbreaking “Net Zero by 2050” report, which they described as “world’s first comprehensive study of how to transition to a net zero energy system by 2050.” As OCI’s Kelly Trout outlined in her analysis last week, this first 1.5°C-aligned model from the IEA “closes the door on new fossil fuel extraction.”
Experts warn that we are running out of time to prevent the worst effects of global warming. For decades, scientists have been warning us that we need to fundamentally change our relationship with fossil fuels and land use, but now we’re down to the wire. The Intergovernmental Panel on Climate Change, the world’s premiere experts on the subject, say that we have fewer than 10 years to turn things around enough to keep the world from warming more than 1.5 degrees Celsius over pre-industrial levels in order to avoid complete ecological disaster.
“In the most hopeful scenario, innovations in efficiency and technology spur huge drops in energy demand, speeding along decarbonization of the energy system and obviating the need for unproven carbon capture technology,” Gizmodo’s Earther lays out the options. “In another, nations harmoniously come together and we shift to a more sustainable lifestyle and buy fewer tchotckes [sic].” If the pandemic has proven anything it’s t
Credit: Courtesy Lia
Ever since the 1970s when the first at-home pregnancy test hit shelves, the plastic stick has proven to be both a convenience and a bit of a headache for anyone who s TTC. While it s been helpful to be able to check your urine for human chorionic gonadotropin (hCG) (the hormone that appears in high concentrations when you re pregnant) without a trip to the doctor s office, the frustrating nature of these tests is that you have no choice but to toss them in a wastebasket, which often proves less than discreet or eco-friendly. Thankfully, a solution is now available: a biodegradable pregnancy test called Lia, which hit the market last week.
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As Texans grapple with power grid failures in the face of freezing weather, Lone Star State lawmakers once again default to blaming you guessed it green energy