It's not just a single paper.I dunno. I was talking about the isolated village attitude of a single newspaper.
I try never to read The New Yorker. I do have some standards...It's not just a single paper.
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Note: they didn't literally say they are getting out of oil in their 2nd quarter results. That would freak out their stock price. But there is no way to reach net zero carbon without eliminating their oil production business. Instead, they talked about all the renewables and other clean energy they are investing in.BP has set its sights on amassing a 50GW renewables portfolio by 2030 as it lays out its strategy to become a net zero company.
Along with its Q2 results today, the oil and gas major set out a plan to increase its investment into low carbon generation tenfold. This would see it grow to $5 billion a year, up from $0.5 billion currently with an interim target of $3-4 billion by 2025.
The company’s solar arm, Lightsource BP is currently targeting around 10GW of solar globally by 2023, and today’s announcement could see this jump significantly.
Along with renewables investment, BP is also hoping to place itself at the forefront of the hydrogen sector with a 10% share of core markets and the carbon capture, utilisation and storage (CCUS) sector. Additionally, it is planning to grow it’s bioenergy business from 22,000 b/d in 2019 to more than 100,000 b/d by 2030.
I can see the headlines now: "Landscape ignited, buildings scorched and tens of thousands of coastal residents permanently blinded, suffering 3rd-degree burns when BP 'New Horizon' offshore Solar Array miscalculations redirected their concentration point into residential areas."
The Arctic summer of 2019 was supposed to be an outlier. Featuring massive blazes in Siberia, including what scientists strongly suspected were smoldering fires beneath the peat in the carbon-rich soils of the transition zone between the tundra and Arctic taiga, last year set records for emitting planet-warming greenhouse gases via wildfires. Many scientists thought it might be a one-off, considering that computer model projections tend to show that the emergence of such extreme fire years won’t happen until mid-century.
However, this year is proving those scientists wrong. And it raises the unsettling possibility that fire seasons that begin much earlier than average and end later — and affect delicate Arctic ecosystems — could soon be the new normal.
Sooner than expected. Who could have seen that coming, eh?McCarty has searched through the scientific literature from Arctic nations as part of a report she is co-authoring for the Arctic Council. “This is the type of fire event that would be described by these worst-case modeling scenarios that were supposed to occur mid-century,” she said, adding that we may be 30 years early in seeing such fire impacts, which would require a reevaluation of how the Arctic is responding to global warming.
The government’s statutory advisers, the Committee on Climate Change, called for new regulations to protect people from rising temperatures. “The recent heatwave shows how ill-suited the current UK building stock is to hot weather, and the risk that overheating poses to us all,” said Kathryn Brown, head of adaptation at the committee. “Yet there is still no legal requirement to ensure homes, hospitals, schools or care homes are designed for the current or future climate. This urgently needs to change and be part of a wider programme of retrofitting and designing buildings within a green economic recovery package.”
Thanks to fracking, the US is now a slight net oil exporter. We don't need to drill for it in difficult locations. The side of Alaska that faces the Arctic Ocean is a difficult location.Doin' our best to speed up the process.
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Interior Secretary Approves Oil Drilling in Alaska’s Arctic Refuge
The Trump administration approved an oil leasing program for the Arctic National Wildlife Refuge, opening up the pristine, 19-million-acre wilderness to drilling for the first time and making it more difficult to unwind the decision should Democrats recapture the White House in November.www.wsj.com
But fracking isn't as fun as it used to be.Thanks to fracking, the US is now a slight net oil exporter