Can we expand the state’s role in the economy while diminishing its capacity for war?
Tag: decarbonization
ExxonMobil foresees profit and expansion surge fueled by Guyana, Permian advancements
ExxonMobil foresees profit and expansion surge fueled by Guyana, Permian advancements
With an annual total capital expenditure and exploration expense projection ranging between US$23 billion to US$25 billion, ExxonMobil is set to allocate US$22-$27 billion annually toward project spending until 2027. This includes a commitment to emerging ventures in lithium and low-carbon initiatives, with an 18% increase in spending in these areas.
Emphasizing its dedication to the energy transition, ExxonMobil’s Low Carbon Solutions division is expected to witness an increase in budget from US$17 billion to US$20 billion between 2022 and 2027, contingent upon government support.
The company plans to ramp up annual share buybacks to $20 billion by 2025, an increase from the current US$17.5 billion, following the completion of the Pioneer merger. Additionally, ExxonMobil continues its divestment strategy for refining operations.
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A Quarter Of All Americans Could Face Energy Emergencies This Winter
The US heating season has officially begun, and new warnings show that a quarter of all Americans could experience energy emergencies this winter if temperatures fall below average due to tight fossil fuel supplies.
A Quarter Of All Americans Could Face Energy Emergencies This Winter
NATO in the Amazon: Petro Plays with Fire
By Roger D. Harris on October 26, 2022
NATO recently expanded to Sweden and Finland, has been de facto incorporated in Ukraine, and may extend to Georgia. Now, NATO’s entry into the Amazon is in the works under the aegis of newly elected President Gustavo Petro of Colombia.
NATO in the Amazon: Petro Plays with Fire
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The US warns Petro of the danger of falling into the hands of China:
The Government of Colombia replies to Washington that if it wants to prevail over Beijing, it must finance the purchase of land from ranchers to distribute among the peasants
Quid pro quo?!
Porsche off! Eco activists glue themselves to the floor at German supercar showroom demanding the government ‘decarbonise the transport sector’
No need to panic—the painting survived!
Cardboard Cars: The Race To Build The World’s Most Sustainable EV
Mexican Lawmakers Approve Bill to Nationalize Lithium
Mexican lawmakers this week passed legislation to nationalize lithium, a mineral needed to manufacture rechargeable batteries for electric vehicles and other devices.
Mexican Lawmakers Approve Bill to Nationalize Lithium
Eighty seven percent of overseas coal power financed by G7 and other advanced economies
A recent Boston University study published in July 2021 found that Japanese, Korean and Western financiers bankroll 87 % of overseas coal power plants globally, contrary to the misconception that most new funding comes from public financing entities in China.
Eighty seven percent of overseas coal power financed by G7 and other advanced economies
China: the “yellow peril”, really?
Jeff Bezos says everything will be ok
The climate crisis may be dire, with ever more frequent and increasingly devastating floods and wildfires, with killer droughts and heatwaves across the globe, with oceans warming 40% faster and arctic ice sheets melting 70% faster than had been predicted a mere five years ago, with arctic permafrost melting and belching super-greenhouse methane into the atmosphere, and with carbon emissions from fossil fuel combustion continuing to rise year on year regardless.
Jeff Bezos says everything will be ok
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Ms. Cat’s Chronicles 
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