Wall Street has begun trading water as a commodity, like gold or oil. The country’s first water market launched on the Chicago Mercantile Exchange this week with $1.1 billion in contracts tied to water prices in California, Bloomberg News reported. From a report: The market allows farmers, hedge funds, and municipalities to hedge bets on the future price of water and…
Tag: oil
What’s the birthstone for December?
If you were born December, you’ve got 2 birthstones, turquoise and zircon. Source: https://earthsky.org/human-world/december-birthstone-zircon-turquoise…
Exxon Holds Back on Technology That Could Slow Climate Change
Carbon capture can make money for oil giants, and scientists say we need it. Is the industry willing to invest enough? From a report: Elk and pronghorn antelope migrate each fall through southern Wyoming, where the sparsely vegetated landscape slowly gives way to the foothills of the Rocky Mountains. Interrupting this serene vista is a dense web of steel pipes, tanks,…
‘I Tried the World’s First No-Kill, Lab-Grown Chicken Burger’
An anonymous reader quotes a report from The Guardian: PhD in genetics might seem like an unusual requirement for the role of head chef. It makes more sense when the man running the kitchen is not just in charge of frying your chicken burger — he created the meat himself. “This burger takes something between two to three days to grow,”…
Surreal Californian oilscape wins climate change photography award
This unreal landscape captures the environmental price of intensive oil exploitation paid by a desert in Kern County, California. The image was taken by David Gardner and won a prize at the 2020 BarTur Photo Award Source: https://www.newscientist.com/article/mg24833102-000-surreal-californian-oilscape-wins-climate-change-photography-award/?utm_campaign=RSS%7CNSNS&utm_source=NSNS&utm_medium=RSS&utm_content=home…
Trump Administration, In Late Push, Moves To Sell Oil Rights In Arctic Refuge
An anonymous reader quotes a report from The New York Times: The Trump administration on Monday announced that it would begin the formal process of selling leases to oil companies in a last-minute push to achieve its long-sought goal of allowing oil and gas drilling in the Arctic National Wildlife Refuge in Alaska. That sets up a potential sale of leases…
Diwali 2020 shines in this ashram, despite Covid-19
Images of Diwali 2020 from an ashram in India. Source: https://earthsky.org/human-world/diwali-moon-nov-2020-photos-swami-krishnananda…
Occidental Is First US Oil Major To Target Net Zero Emissions
An anonymous reader quotes a report from BNN Bloomberg: Occidental Petroleum Corp. became the first major U.S. oil producer to aim for net zero emissions from everything it extracts and sells, accelerating an industry trend that’s become commonplace in Europe. The Houston-based company announced a target to reach net zero emissions from its own operations by 2040 and an ambition to…
Emissions From US Industrial Facilities Fell Nearly 5% In 2019
Greenhouse gas emissions from U.S. power plants, manufacturing sites and other large facilities declined nearly 5% from 2018 to 2019, according to data released Monday. Bloomberg reports: The drop is consistent with a decade-long downward trend in greenhouse gas releases from large stationary sources, partly propelled by the power sector’s ongoing shift away from coal to renewable sources and cleaner-burning natural…
A Biden Victory Positions America For a 180-Degree Turn On Climate Change
“Joe Biden, the projected winner of the U.S. presidency, will move to restore dozens of environmental safeguards President Donald Trump abolished,” reports the Washington Post, “and launch the boldest climate change plan of any president in history.” destinyland shares their report: While some of Biden’s most sweeping programs will encounter stiff resistance from Senate Republicans and conservative attorneys general, the United…