Latest News and Articles on Conventional Energy Sources

Shell Environmental Team Fields Questions Live

May 20, 2008 by Paul Nastu

Royal Dutch Shell’s Global Business Environment executive Jeremy Bentham, and others on the environmental team, fielded questions from the press in the second part of a discussion called “Shell Dialogues,” about the company’s “Global Energy Scenarios To 2050,” which, Shell says, are designed to lead the company to better policy ... Read more »

Exxon Faces Shareholder Rebellion Over Global Warming

May 19, 2008May 21, 2008 by Paul Nastu

Four U.K.-based investors and a British proxy advisory firm joined a group of dissident shareholders calling for an independent chairman at Exxon Mobil, BusinessWeek reports. “Exxon is facing a rebellion from its investors over its hardline approach to global warming,” The Guardian reports. “The firm has refused to follow rival ... Read more »

CSR: Chevron To Invest $2.5B in Alternative, Renewable Energy Tech

May 8, 2008October 14, 2009 by Paul Nastu

Chevron’s latest Corporate Responsibility Report highlights future investments of $2.5 billion through 2009 in alternative and renewable energy technologies, reduced total greenhouse gas emissions since 2006, new climate change policy principles and an increased portfolio of renewable energy research partnerships and $119 million in community initiatives around the world. Chevron ... Read more »

Exxon Bets $100M On Test To Clean CO2 From Natural Gas

May 6, 2008May 6, 2008 by Paul Nastu

Exxon Mobil Corp. said it is building a commercial demonstration plant near LaBarge, Wyo., to test an improved natural gas treating technology that could offer several financial and environmental benefits. The effects of the “Controlled Freeze Zone” (CFZ) technology are threefold. It could offer an affordable answer to the removal ... Read more »

Shell Pulls Out Of World’s Biggest Wind Farm, Draws Criticism

May 5, 2008 by Paul Nastu

Two days after Royal Dutch Shell posted a 25 percent increase in first quarter profit to a record $9.1 billion, the company announced plans to sell its stake in the world’s largest planned offshore wind-power station, the Guardian reports. Politicians and environmentalists responded with indictments of greed and irresponsibility saying ... Read more »

Primo Water Touts Bottles Made From Plant-Based Plastic

May 2, 2008October 13, 2009 by Paul Nastu

Primo Water’s marketing team has put together a promotional video series that is on YouTube. It touts that the bottles are made from a natural, plant-based plastic — not petroleum-based plastic. Part 1 Part 2 Part 3

Goldman Environmental Prize Winners Announced, Chevron Hits the Ceiling

April 14, 2008 by Paul Nastu

The 2008 Goldman Environmental Prize recipients have been named and Chevron isn’t happy. The prizes reward grass-roots environmental work. This year’s recipients include a duo from Ecuador who are fighting Chevron. The two Ecuadoreans have waged a 14-year fight to bring Chevron to account for what they allege is massive ... Read more »

Shipping Industry Floats Emissions Tax

April 11, 2008April 16, 2008 by Paul Nastu

Transport costs for raw materials are likely to rise due to a new marine fuel tax planned by the shipping industry as a way to combat climate change, Reuters reports. A formal agreement on the tax is about one year away. A decision is likely in 2009, ahead of a ... Read more »

Shell Will Freeze EU Investments Over Emissions Permits

April 10, 2008 by Paul Nastu

Royal Dutch Shell says it will stop investing in Europe if utilities are forced to pay for emissions permits through auctions, Thomson Financial reports. The permits are currently free. “I am talking about $250 million of profits at the moment,” said Shell France director Christian Balme. “If we extrapolate the ... Read more »

Geo-Sequestration Plant Opens In Australia

April 2, 2008April 2, 2008 by Paul Nastu

A geo-sequestration plant, capable of capturing and compressing 100,000 tonnes of carbon dioxide which is stored two kilometers underground, has opened in Victoria, Australia. Researchers hope the project will help to significantly reduce the emission of greenhouse gases.

Activists Mobilize For ‘Fossil Fools Day’

March 31, 2008March 31, 2008 by Paul Nastu

Activists are planning over 100 actions around the world tomorrow against what they call “dirty energy industries.” The actions are being planned by the international Rising Tide network, Energy Action Coalition youth and students, the Canadian Youth Climate Coalition and Rainforest Action Network. Actions being planned for “Fossil Fools Day” ... Read more »

Norway’s Carbon Neutral Pledge Lacks Meaningful Emissions Cuts

March 26, 2008 by Paul Nastu

Not too long ago, Norway announced that it would be carbon neutral by 2030. Now, it’s becoming apparent that imaginative accounting and donations to environmental projects abroad, rather than meaningful emissions reductions, are behind the plan, The New York Times reports. The country, like many other governments, companies, and organizations, ... Read more »

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