Europe is falling behind in the race to develop space-based solar power
Space-based solar power could potentially address Europe's energy challenges by providing a reliable and scalable energy source transmitted wirelessly from satellites. [ more ]
Shell adjusts 2030 emissions target to 15-20% reduction in net carbon intensity from 2016 levels, previously aimed for 20% cut.
Shell prioritizes value over volume in power sales, lowering total growth of power sales which led to an update in net carbon intensity target. [ more ]
Tesla had a bumpy week. But don't draw conclusions about its stock just yet
Tesla's market cap fell dramatically but regained value after emphasizing low-cost models, amidst surprising competition with ExxonMobil post-Ukraine crisis. [ more ]
The Oil and Gas Industry Wants Energy Transition' to Mean More Fossil Fuels
Energy transition is now acknowledged as an ongoing process in the energy industry, featuring prominently at CERAWeek.
There are diverse perspectives on what energy transition entails, with some emphasizing a shift from fossil fuels to renewables, while others see a future with continued growth in oil and gas production. [ more ]
Shell waters down emissions cut pledge despite crucial climate decade
Shell has adjusted its climate emissions reduction target to a 15-20% reduction in carbon emissions intensity by 2030, down from the previous 20% target.
Shell aims to balance energy transition while prioritizing secure, affordable energy supplies, which may result in stable oil production and growth of liquified natural gas business. [ more ]
A Trojan horse of legitimacy': Shell launches a climate tech' startup advertising jobs in oil and gas
A startup owned by Shell called Onward aims to connect innovators worldwide to address energy challenges. Despite green imagery, Onward's platform currently focuses heavily on oil and gas projects. [ more ]