Oil Archives - Page 5 of 5 - Environment + Energy Leader

Davos Roundup: Climate Deal is Dead, Long Live Big Oil

January 28, 2010January 28, 2010 by Paul Nastu

As world leaders gather to discuss economic problems during the Davos talks, energy execs are calling for a new peak in oil production, and others cite bleak hope for any global climate deal. Davos, a Swiss ski resort, is the location of the World Economic Forum, which runs through Jan. ... Read more »

Bio-Based Fuel Industry Faces Cost and Scale Challenges

December 23, 2009December 23, 2009 by Gina Roos

Bio-based fuels are not serious threats to the $250-billion petroleum industry until they can compete in terms of cost, properties and scale, according to a new report from Lux Research. In order to replace the 30 billion barrels of oil consumed annually, today’s bio-based technologies would need to cultivate an area ... Read more »

Climate Change Poses Threat to Oil, Gas Industry

November 3, 2009October 17, 2019 by Paul Nastu

About three-fourths of global oil and gas firms say they believe that climate change could cause business downtime, system failures and safety risks, yet just 19 percent say they are taking action.

Leading CEOs Advise Congress to Support All Energy Sources, Electric Grid

October 22, 2009 by Gina Roos

Business Roundtable, an association of chief executive officers at leading U.S. companies, is urging Congress and the Obama Administration to support renewable and traditional sources of energy as the country transitions to a low-carbon economy. They cite the need to protect energy security and economic growth while reducing greenhouse gas ... Read more »

Abbott Cuts Oil and Coal Use by 35%

October 2, 2009 by Gina Roos

Abbott has reduced its use of both fossil fuels and electricity by 35 percent as part of a company-wide effort to protect the environment and reduce energy costs across all of its global health care businesses. In 2008, Abbott purchased 1.3 million megawatt hours of electricity, a 32 percent reduction ... Read more »

Growth of Global Carbon Emissions Cut in Half

June 29, 2009 by Gina Roos

The global financial crisis and rising oil prices have helped cut the annual increase of global CO2 emissions from oil, coal, gas and cement production by 50 percent, according to a new study released by the Netherlands Environmental Assessment Agency (NEAA). The report also indicates that emissions from developing countries ... Read more »

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