Petroleum

Ann Arbor (Informed Comment) – The past 8 years are the hottest on record. So concludes The UN’s World Meteorological Organization. In 2022, the average surface temperature of the earth was 1.15 degrees C. [2.07 degrees F.] higher than the average surface temperature of the earth in 1850-1900. So this is the eighth year in […]

China

At Arab Summit, China’s Xi calls for End to Israeli Settlements and Quick Establishment of Palestinian State With East Jerusalem as Capital

Juan Cole

Ann Arbor (Informed Comment) – China’s trade with the Arab world was over $330 billion in 2021, and will likely be a third larger this year, given the high price of petroleum. The largest single source of oil for China is Saudi Arabia. It imports significant amounts of petroleum, as well, from Oman, Kuwait and […]

Climate Crisis

If we Want to Limit Global Heating, the World Can’t go on Spending $10 Trillion a year on Energy

The Conversation

By Stephen Peake, The Open University | – The world’s energy bill for 2022 is set to be the highest ever, topping US$10 trillion (£8.3 trillion). This is the total price paid for all forms of energy across all sectors by all people. Something like 80% of this bill is for coal, oil or gas, […]

Climate Crisis

Given their Enormous Windfall Profits, Oil Companies are not paying Enough for their Environmental Damage

The Conversation

By Robert (Bob) L. Ascah, University of Alberta | – At the end of the third quarter reporting season in October, the Big Four oilsands producers continued to report record profit levels. Collectively, Cenovus, CNRL, Imperial Oil and Suncor earned $5.8 billion in the third quarter and $23.1 billion in the first nine months of […]

Climate Crisis

Just Stop Oil: Research shows how Activists and Politicians talk differently about Climate Change<

The Conversation

By Clare Cunningham, York St John University | – The environmental activist group Just Stop Oil has grasped public attention with a series of “art action” stunts targeting famous paintings and buildings with cans of soup and paint. They have climbed motorway gantries, blocking drivers on the M25. Their message has been loud, but has […]

Climate Crisis

COP27 flinched on phasing out ‘All Fossil Fuels’. What’s next for the Fight to keep them in the Ground?

The Conversation

By Fergus Green, UCL and Harro van Asselt, Stockholm Environment Institute | – (The Conversation) – The latest UN climate change summit (COP27) concluded, once again, with a tussle over the place of fossil fuels in the global economy. An agreement by the world’s governments to phase out all fossil fuels would have been a […]

Climate Crisis

COP27 Climate Summit sparks Action Against Investment Treaties Favoring Fossil Fuel Corporations Over People and Planet

Inequality.org

By Manuel Pérez-Rocha | – ( Inequality.org ) – Regarding the global climate negotiations in Egypt, several countries announced important actions to curb the power of the fossil fuel industry. For decades now, a global web of international investment agreements has given corporations excessive powers to block government policies they don’t like. Through “investor-state dispute […]

Climate Crisis

COP27: a year on from the Glasgow climate pact, the world is burning more fossil fuels than ever

The Conversation

By Mathieu Blondeel, Warwick Business School, University of Warwick | – The burning of fossil fuels caused 86% of all CO₂ emissions during the past ten years. Despite being the primary culprits of global heating, coal, oil and gas were barely mentioned in the official texts of previous UN climate change summits. That all changed […]

Featured

To Deal with Saudi Arabia, Biden should Fast-Track both Iran Deal and the Greening of Transportation

Juan Cole

Ann Arbor (Informed Comment) – Reuters reports that the Biden White House is upset with Saudi Arabia over the recent OPEC+ decision to cut the output of the 21 nations grouped in the bloc by 2 million barrels a day. President Biden told CNN’s Jake Tapper in an interview Tuesday, “there will be consequences” for […]