Are Fossil Fuel Companies Telling Investors Enough About the Risks of Climate Change?

Prior to President Donald Trump taking office, there was a push to require oil and gas companies to inform their investors about the risks of climate change. As governments step up efforts to regulate carbon emissions, the thinking goes, fossil fuel companies’ assets could depreciate in value over time. The Securities and Exchange Commission, for example,…

Read moreAre Fossil Fuel Companies Telling Investors Enough About the Risks of Climate Change?

Why 10,000 Spills From Oil And Gas Development Can’t Be Ignored

Oil spill on water

According to an EnergyWire article by Pamela King and Mike Soraghan, in 2015 industry reported more than 10,000 cases of spills across the country. That amounts to 42 million gallons of harmful fluids – 12 million gallons more than previously reported.

Spills are not a new problem. They have been a constant issue for this industry for over a century. And while there has been growth in the development of spill-prevention technologies and practices, we should be capable of substantially reducing spills to much lower levels.

Read moreWhy 10,000 Spills From Oil And Gas Development Can’t Be Ignored

Renewable Energy Continues Robust Job Growth

According to the International Renewable Energy Agency (IRENA), 8.1 million people were working in the renewable energy sector at the end of last year. That’s an increase of 5% over the previous year. Those numbers do not include the estimated 1.3 million people working in large-scale hydropower, which is not always counted among renewables. To put that in perspective, there are roughly 8 million people in the US working in the financial sector.

The increase stands in marked contrast to the oil and gas sector which has seen job losses. In the US, renewable jobs grew by 6% while oil and gas employment dropped by 18%. China, the world’s largest economy, now employs 3.5 million in renewables as opposed to 2.6 million in oil and gas.

Read moreRenewable Energy Continues Robust Job Growth