October 31 Energy News

October 31, 2021

Opinion: 

¶ “Here To Stay Or Gone In 30 Years? Inside The Fight Over The Future Of The Oil Industry” • Oil is back above $80 per barrel, but production has been on the decline since the turn of the century. Even without a need to stop use of fossil fuels, the oil industry cannot last forever. The companies extracting oil and gas want to explore for more anyway. [CNN]

Oil rig and oil spill (Arvind Vallabh, Unsplash)

¶ “Can COP26 Really Save The Planet?” • Will COP26 be a “turning point” as Boris Johnson wants, or more “blah blah blah,” that Greta Thunberg condemns? At face value, things do not look promising. The previous 25 of these conferences failed to turn off the tap of the greenhouse gases that are driving up global temperatures. But there is hope. [BBC]

¶ “No, EVs Aren’t Going To Overload Electric Grids” • Anti-EV media have been running out-of-context quotes saying EVs will overload the grids. None of this is true. Here is the lowdown on the grid situation for you. I can give you some factual arguments you can use the next time people start sharing that kind of alarmist nonsense. [CleanTechnica]

Aptera (Image by Aptera, cropped)

¶ “Reasons To Be Hopeful: The Climate Solutions Available Now” • The climate emergency is the biggest threat to civilization we have ever faced. But there is good news: we already have every tool we need to beat it. The challenge is not finding solutions, but rolling them out with great speed. The problem is turning that possibility into reality. [The Guardian]

Science and Technology:

¶ “COP26 Climate Summit: Experts Warn Leaders 1.5°C Is ‘real Science’, Not A Political Number” • Ahead of COP26 in Glasgow, leading climate scientists warned that the 1.5°C temperature limit politicians will talk about is a vital physical threshold for the planet’s climate and not an arbitrary political construct that can be haggled over. [Republic World]

Greenland ice (William Bossen, Unsplash)

World:

¶ “Flooding Destroyed His Home Four Times In Three Years. This Is The Reality Of Climate Change For India’s Poor” • For his entire life, a concrete retaining wall protected Anish Yadav and his neighbors from increasingly severe monsoon storms. But the wall collapsed. Unprotected in a changing climate, he has had to rebuild his home four times in three years. [CNN]

¶ “New Zealand Says It Will Cut Greenhouse Emissions By 50% By 2030 As COP26 Starts” • At the start of the UN COP26 climate conference, New Zealand pledged to reduce its net greenhouse gas emissions by 50% by 2030. The country’s leaders said its previous target was not consistent with global efforts to limit global warming to 1.5°C. [CNN]

Prime Minister Jacinda Ardern, 2020 (Eesan1969, CC-BY-SA 4.0)

¶ “G20: World Leaders Agree To Historic Corporate Tax Deal” • Leaders of the world’s 20 major economies approved a global agreement to have the profits of large businesses taxed at least 15%. It follows concern that multinational companies re-route their profits through low-tax jurisdictions. All the leaders at the G20 summit in Rome agreed to the pact. [BBC]

¶ “‘Moment Of Truth’ As World Meets For Climate Summit” • The COP26 climate change summit is beginning in the Scottish city of Glasgow. Delegates from about 200 countries will be there to announce how they will cut emissions by 2030. With a need for urgent action, UK Prime Minister Boris Johnson said we are at the “world’s moment of truth.” [BBC]

Boris Johnson (Ben Shread, Cabinet Office, OGL v.3)

¶ “Tesla To Buy 45 GWh Of LFP Batteries From CATL” • A report says Tesla agreed to buy 45 GWh of lithium-iron-phosphate (LFP or LiFePO₄) batteries from CATL to meet its expected demand for the Model 3 and Model Y in 2022. This is enough to power about 800,000 vehicles. LFP is becoming the chemistry of choice for medium- and low-price EVs. [CleanTechnica]

¶ “Toyota Reveals Specs For BZ4X Electric SUV” • Toyota put out some details about its BZ4X. It will have a 71.4-kWh battery. One version will offer a single front-mounted motor with 201 hp (150 kW), a 0–100 km/h time of 8.4 seconds, and a range of 310 miles. A slightly faster dual motor version will have 214 hp (160 kW), and a range of 285 miles. [CleanTechnica]

Toyota BZ4X (Toyota image, cropped)

US:

¶ “Exxon CEO Accused Of Lying About Climate Science To Congressional Panel” • ExxonMobil CEO Darren Woods was accused of lying to Congress. After he and other oil and gas company heads testified under oath at a congressional hearing, Rep Carolyn Maloney wants to issue subpoenas to force the firms to reveal what they knew. [NationofChange]

¶ “After Widespread Flooding, No Relief Yet For The DC Metro Area As 14 Million People Remain Under Alerts” • Heavy flooding inundated communities across the Maryland-Virginia area on Friday, with forecasters expecting the rain to continue. Nearly 14 million people were under a coastal flooding warning Saturday, the National Weather Service said. [CNN]

Flooding in Washington, DC (National Weather Service image)

¶ “Danos Applying Oil And Gas Skills To Renewable Energy” • Danos, based in Louisiana, is taking its 74 years of experience serving the oil and gas industry and putting it into the renewable energy sector. Danos formed a partnership with SOLV, a division of Swinerton Renewable Energy, and has completed five solar contracts to date this year. [mySA]

¶ “Residents Push Task Force To Adopt 100% Renewable Energy By 2030” • Residents of Columbia, Missouri, gathered at a meeting of the Integrated Electric Resource and Master Plan Task Force to urge a more aggressive path to renewable energy. They backed a call for reaching 100% renewable energy by the “earliest practical date.” [Columbia Missourian]

Have an abundantly amazing day.

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