Day: December 18, 2023

COP28: A Win for Climate Realism

Energy News Beat The COP28 UN climate conference in Dubai ended last week with a flurry of self-congratulatory commentary about the “historic” nature of the final agreement in which parties, for the first time, overtly backed a process of “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner.” The […]

The oil industry’s mega-merger spree and a US production boom point to strong crude demand for years to come

Energy News Beat This year has seen a flurry of oil mega-mergers worth more than $100 billion. Big deal flow and rising US production point to industry forecasts of big demand for years to come. The “inevitable” consolidation suggest oil companies are shrugging off peak demand concerns. A string of multi-billion dollar mergers and acquisitions […]

Woke Duke Energy Jacks Up Electric Rates to Pay for ESG, Zero Carbon Mandates

Energy News Beat Duke Energy has thrown consumers under the proverbial (electric) bus to make their operations carbon neutral by 2050. As a result, electricity prices in North Carolina may increase by 19% over the next three years. The company’s president, Lynn Good, receives more than $20 million annually in compensation financed in part by ensuring that consumers lower their […]

Houthi Attacks Start Shutting Down Red Sea Merchant Shipping

Energy News Beat Attacks linked to war in Gaza are threatening global trade Oil and gas prices jump as big companies avoid Red Sea Shipping in the Red Sea is grinding to a halt with oil tankers idling and container vessels rerouting around Africa as violence linked to the Israel-Hamas war threatens to undermine the global […]

EXCLUSIVE: Conservative State Files First-in-the-Nation Lawsuit Against BlackRock Over Deceptive Climate Policies

Energy News Beat FIRST ON THE DAILY SIGNAL—Tennessee Attorney General Jonathan Skrmetti on Monday sued the investment company BlackRock for deceptive practices. “BlackRock has said two things that can’t both be true,” Skrmetti, a Republican, told The Daily Signal in an interview Monday. “The first is that they’re taking investors’ money and investing it purely for the purpose […]

African Energy Banks: A silver bullet for Africa’s Energy transformation

Energy News Beat Africa’s Energy Industry has found itself under a harsh spotlight as global concern over climate change increases. Various governments and IOCs around the world are pledging and planning to reduce their emissions – with varying degrees of ambition – in response to global climate change. Approximately 140 global financial institutions have decided […]

He fixed California’s power grid for Arnold Schwarzenegger. He’s worried about the energy transition

Energy News BeatFormer Albertan Yakout Mansour moved to California two decades ago when he was recruited to run the state’s power grid under then Gov. Arnold Schwarzenegger. The way he tells it, it sounds like the government policy-makers had latched onto big changes in the electricity system, not fully understanding the consequences, and he was […]

ENERGY TRANSITION EPISODE 91 -Filmed Live On YouTube on December 18, 2023

Energy News Beat ENERGY TRANSITION #91 – COP 28, coming home Highlights of the podcast:   The Podcast Hosts for The Energy Transition Energy Thought Leader, Podcast Host, Curitiba, Parana, Brazil International Author writing about energy, mining, and geopolitical issues. Bulgaria Principal at DB Energy Advisors, energy author, and podcast host.Principal at DB Energy Advisors, […]

The Energy Space and Geopolitics: Understanding the Difference Between Economic Development Ideals and the Reality of Geopolitical Strategies

Energy News Beat ENB Pub Note: This is the 5th in a series from George and his other articles and video can be found here on his Author page: https://energynewsbeat.co/george-mcmillian/ The tremendous global interaction and views of his landing page, podcast, and articles are amazing. Having a total “Energy Thread” covering so many different areas […]

Extensive power grid upgrades and expansion threaten the energy transition

Energy News Beat People are becoming increasingly concerned about the mineral requirements for the energy transition and how these will be met. In October, the International Energy Agency (“IEA”) published a report entitled Electricity Grids and Secure Energy Transitions in which it sets out the grid-related challenges to the energy transition. It identifies regulatory reform, planning reform, […]