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Abandoned well of a different age: do falling oil prices signal the end of oil?

Falling Profits Augur the End of Oil

The profits of the big oil companies keep falling along with the price of a barrel of crude. In 2015, the profits of oil behemoths like Shell, Chevron, Exxon Mobil and BP tumbled. Together, these big four saw profits decline by an average of 65 percent last year. These falling margins have a cascade of impacts that are hastening the…

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Overhead photos of the well leaking methane at Porter Ranch, California

The Invisible Climate Nightmare Unfolding in California

One of the biggest environmental disasters in US history is happening right now in southern California. The methane leak at the SoCalGas Aliso Canyon Storage Facility, located in the Porter Ranch neighborhood of northwest Los Angeles, is already the largest such leak in U.S. history and it is far from over. The leak started in October and SoCalGas has indicated…

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Turning the tide on climate change in 2016

Optimistic Climate Predictions for 2016 in the Wake of the COP21 Climate Deal

Last year was a breakthrough year for environmental action and the future looks bright for the coming year. In 2015, we saw a slate of bold carbon reduction efforts from President Obama and other world leaders. However, the crowning achievement of 2015 was the signing of the COP21 climate agreement, which has set the stage for even more ambitious action…

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COP21 president Laurent Fabius presides over Paris climate talks

The COP21 Agreement is a Momentous Leap Forward

Every nation on earth has agreed to abide by a historic 31-page climate deal. The signing of the climate agreement in Paris signals the start of globally coordinated efforts to reign-in climate change. History will record that the deal was signed at the 21st Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change…

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The new energy economy is growing exponentially

We are in the Midst of an Energy Revolution

As the future for renewable energy continues to get brighter, the prospects for fossil fuel are looking increasingly grim. Financial markets are reflecting the growing value of renewables and coming to terms with the declining value of fossil fuels. Almost a dozen stock exchanges around the world now require sustainability risk disclosure from listed companies. A total of 2.6 trillion has been diverted from fossil fuels to date. Cities, investors…

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Is climate denial in the United States finally, slowly, turning toward acceptance?

Polls Suggest that US Climate Denial is Dying

Over the course of recent years, polls that examine American attitudes on global warming suggest that climate denial may be dying. It would appear that Americans have gone through the five stages in what has been called the cycle of climate acceptance.  This is an adaptation of Elisabeth Kübler-Ross’ seminal work, “On Death and Dying.” The first step is denial, followed by anger, depression, bargaining and finally…

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Will the moral imperative of climate finally emerge as a political issue?

Dems Poised to Benefit as Climate Change Emerges as an Election Issue

There are clear indications that climate change is finally emerging as a critical election issue. As reiterated by those who participated in the first Democratic Presidential debate, most of the candidates have plans to manage the climate crisis. It is not hyperbole to suggest that this may be the most important election in American history. We are rapidly running out…

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