When last year BP vowed to reduce its oil and gas output by 40 percent by 2030 as it shifts to renewable energy, it came as a shock to many, pushing the company s share prices down sharply. Yet since then, pressure on Big Oil to stop doing what it does has only been growing. And Big Oil is responding.
The Houston Chronicle s Paul Takahashi in a recent article detailed supermajors positioning to effectively move away from their core business and into low-carbon energy. Takahashi noted several examples of Big Oil partnering with majors from other industries to effectively reduce these other industries consumption of Big Oil s principal products: fuels.
13Jul2021 Midday Update: CPI: Year-over-Year Inflation Largest Increase Since 2008, At Noon DOW Down 25 Points, Nasdaq Up 0 4%, WTI Crude Higher 74 72, Gold Steady At 1814
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13Jul2021 Pre-Market Commentary: Wall Street To Open Lower, DOW Down 100 Points, Nasdaq Down 0 3%, US Dollar Higher 92 57, Dogecoin Falls To $0 20
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In a somewhat continuation of last season’s workwear-heavy collection, LA-based label General Admission returns for Spring/Summer 2021 in much the same vein, with clean, mature takes on classic military garments.
Tapping into Los Angeles’ vast community of creatives, General Admission enlisted the likes of Night + Market’s Chef Kris Yenbamroong, and musicians like Guapdad 4000 and Whitmer Thomas, plus industry veterans like Paul Takahashi and Alyasha Owerka-Moore, to showcase this season’s offering.
Work pants and cargo styles arrive in cotton sateens and washed herringbones, while a Lyocell spread collar shirt with chain stitch embellishments pair with a selection of classic basic T-Shirts. Work from celebrity tattoo artist Nathan Kostechko, fine artist Eric Mchenry and New York Times Illustrator Tamara Shopsin also features on graphic pieces, while new artisanal homeware neatly round out SS21.
Exxon Wants Financial Incentive for $100 Billion Carbon Capture Hub
The company s proposed $100 billion carbon capture project would require a large-scale public-private partnership and could capture up to 100 million tons of carbon per year. April 27, 2021, 7am PDT | Diana Ionescu |
U.S. Army Corps of Engineers [L]ess than three months after the company announced plans to invest $3 billion into a new low-carbon solutions venture, Exxon has proposed a $100 billion carbon capture facility in Houston, citing the city s large concentration of carbon-emitting industries and location near the Gulf of Mexico that could store large amounts of carbon dioxide safely and permanently, reports Paul Takahashi in the Houston Chronicle.