U.S. oil and gas companies, and their investors, are at risk of significant stranded assets because they are not adequately reflecting the impacts of the climate crisis and the clean energy transition in their financial reporting
Tetra Tech’s work with Power Africa is proof of concept. We support four distribution companies in Nigeria that had high losses, low collections, a proliferation of illegal connections, and aging infrastructure. We partnered with the companies to develop turnaround plans and implement reforms. Today losses are down, revenue is up, and management is stronger and more effective. Above all, more cash is flowing through the energy sector value chain.
In the wake of reports that the National Highway Transportation Safety Administration (NHTSA) and Environmental Protection Agency (EPA) may propose rollbacks to vehicle efficiency and emission standards, Ceres has released an updated analysis and fact sheetpointing to the economic benefits of strong national standards.
Major investors and companies are voicing concerns that the administration’s potential move could blunt a key driver of the U.S. economy, hurt the global competitiveness of the U.S. auto industry, and create significant regulatory uncertainty for the auto industry.
The 2017 proxy season offered some indelible headlines on climate-related shareholder action: majority votes at ExxonMobil, Occidental Petroleum and PPL Corporation; the first-ever votes in favor of climate shareholder proposals by major investors BlackRock and Vanguard; and the much-anticipated release of initial 2-degree scenario analyses from North American oil and gas and electric power companies. This year’s narrative is more subtle, but potentially more powerful.
Have you forgotten the days of $5 gas from a few years ago? Well, after a period of relatively low prices, the price of the world's most-used fossil fuel is on the rise again. Here to explain on Sea Change Radio what is driving the surge in pricing is oil expert Dan Dicker.
It is important for environmentalists to acknowledge each step back at the same time they celebrate every two steps forward. Credibility is lost if sustainability’s successes are trumpeted while ignoring its failures.
Electric utilities are realizing that distribution modernization programs, also referred to as grid modernization, can no longer be put off. Overhauling the electric distribution system will require upgrades to OT, as well as to the networks that allow IT and OT components to communicate to improve reliability. The benefits are clear: Grid operators need advanced sensors, communications and automation so they can see what’s happening in real time, which will lessen disruption while enhancing efficiency, reliability, security and safety.
In response to the U.S. Environmental Protection Agency (EPA) announcement today that current vehicle fuel economy and emission standards need to be weakened, Carol Lee Rawn, director of transportation at Ceres, which works with influential investors and Fortune 500 companies on sustainability issues, stated, “Major investors and businesses understand that rolling back the Corporate Average Fuel Economy (CAFE) and emissions standards will undermine the global competitiveness of the U.S. auto industry at a time when the rest of the world is moving in the opposite direction, prioritizing clean vehicles and responding to consumer demand for cars that save them money.”
As leaders from states across the nation denounce U.S. Environmental Protection Agency (EPA) Administrator Scott Pruitt’s final determination that would lead to a significant rollback of the nation’s greenhouse gas emissions standards for vehicles, the Ceres senior director of policy and the BICEP Network, Anne Kelly, issued the following statement.
As the cost of sensors, devices, edge networks, machine learning, and analytics decreases, the impact of the Internet of Things (IoT) is creating a new industrial paradigm that impacts every industry, energy included. Energy has been evolving in terms of generation and distribution, and the IoT stands to be the most transformational aspect of this brave new world. Here’s how we expect it to affect corporate energy users in the next decade.
For many executives, the myriad of ways in which to enact energy savings are too varied and not succinct enough to be actionable. Here, we present four different tried-and-true methods for saving on energy expenditures.
Cascale shares insights regarding policy and regulation impacting the consumer goods industry, and highlights how it's supporting members prepare for...
Join us as we travel the world to uncover real stories of impact—from landfills and energy transition to workplace safety, emerging contaminants, and...
