Bloomberg: U.S. Carbon Emissions Falling to Two-Decade Low in Coal Shift
Carbon dioxide emissions will slip to the lowest since 1994 as U.S. utilities shift away from coal in favor of solar, wind and natural gas.
The power grid will add a record amount of solar energy as coal plants idle in response to cheap gas and tighter environmental regulations, according to a report from Bloomberg New Energy Finance released Thursday. As a result of the shift, emissions blamed for global warming from power generation will fall 15 percent below 2005 levels.
RT: PetroChina Overtakes ExxonMobil as World’s Biggest Energy Company
The capitalization of China’s biggest oil producer PetroChina reached $352.8 billion during Thursday trading in Shanghai, surpassing ExxonMobil as the world’s most valuable energy company for the first time since 2010.
The market cap of America’s Exxon reached $352.6 billion in Shanghai Thursday trading, Bloomberg reports. PetroChina’s market cap has gone up 13.81 percent in the last 12 months, while Exxon’s market value has fallen by 14 percent, following the slump in oil prices.
LA Times: Garcetti Outlines Vision for a 'Sustainable' LA
Mayor Eric Garcetti on Wednesday released a broad-ranging plan that outlines his vision for environmental goals and programs in Los Angeles over the coming decades.
The 105-page booklet -- simply titled, in a play on words, “the pLAn” -- is a grab bag of new and previously announced environmental initiatives. It sums up in one place for the first time the mayor's view of what he calls a more sustainable city, a diffuse vision touching on subjects ranging from the temperature of Los Angeles’ air to the rents paid by its residents.
NV Public Radio: Obama to Address Caribbean's 'Economic Achilles Heel' -- Energy
President Obama was in Jamaica Thursday, meeting with Prime Minister Portia Simpson-Miller and more than a dozen other leaders from throughout the Caribbean. It's the first stop on a three-day tour that also includes a hemispheric summit meeting in Panama. Topping the agenda was a looming energy crunch in the Caribbean, and a chance for the U.S. to seize the initiative there from leftist leaders in Venezuela.
Guardian Interactive: How Much Fossil Fuel Has Been Used in Your Lifetime?
How much fossil fuel has been extracted since you arrived at this page? Or since you were born? The Guardian has an interactive graphic showing the staggering amount of oil, coal and gas we take out of the ground.