The Saudi Aramco IPO offers a unique opportunity for climate-based transparency. Yet, despite having some of the cleanest oils, transparency is unlikely without pressure from investors and exchanges.
The days of simply sticking a pipe in the ground and tapping a pool of easy-to-handle and profitable crude oil are fading. Changing resources require people challenge conventional thinking on oil.
The decisions facing the Trump administration over the Paris Climate Agreement are not as simple as is often portrayed.
The U.S. energy market is in the middle of a fundamental transformation.
As the Trump administration casts doubt on the future of the U.S. role under the Paris climate accords, China finds itself positioned to lead.
Slashing the EPA’s budget and cutting its staffing as proposed in President Trump’s plan will have serious ramifications not only for public health and safety, but for productive collaboration with industry.
More power to the states to price carbon can support emissions reduction from human activities that accelerate climate change.
Between the end of World War II and the mid-1960s, the Soviet Union’s economy was one of the most vibrant in the world. The country had successfully launched the first man into space and was competing with the United States in developing cutting-edge military technology. However, by the end of the 1980s, the economy was in a miserable state.
Saudi Arabia is betting that oil markets will rebalance themselves at higher prices, and it has no economic backup plan if prices remain low.
Azerbaijan’s suspension from a coalition of energy-extracting countries will harm Baku’s international brand and image as a reliable place to invest.