Energy Transition

Mixed Reaction from Oil, Natural Gas Industry as Biden Names Top Climate, Energy Picks

Mixed Reaction from Oil, Natural Gas Industry as Biden Names Top Climate, Energy Picks

President-elect Joseph R. Biden Jr. on Thursday unveiled his picks for the top climate and energy posts in his administration, leaving little doubt of an impending sea change in federal policy when he takes office on Jan. 20. The nominations and appointments comprise U.S. Rep. Deb Haaland (D-NM), Department of the Interior (DOI) secretary; former…

December 18, 2020
In Nod to Shareholders, ExxonMobil Aims to Slash GHG Emissions by Double-Digits

In Nod to Shareholders, ExxonMobil Aims to Slash GHG Emissions by Double-Digits

ExxonMobil on Monday announced more ambitious goals to reduce greenhouse gas (GHG) emissions over the next five years only a week after a group of shareholders called for an overhaul of strategic goals. The Irving, TX-based supermajor also expects to meet a 2020 forecast set two years ago to cut global methane emissions by 15%…

December 18, 2020
CO2 Emissions Plunged in 2020 Amid Coronavirus Outbreaks, EIA Says

CO2 Emissions Plunged in 2020 Amid Coronavirus Outbreaks, EIA Says

Energy-related carbon dioxide (CO2) emissions dropped sharply in 2020 in the United States, brought lower by petroleum demand destruction created by the pandemic and deepened by travel limitations imposed by governments to slow its spread, according to a new federal projection. In its December Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) said energy-sector…

December 18, 2020
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