industry

  • 04.15.18

    How Our Industrial Policy Is Leaving Us Behind

    Until about a decade ago, the United States was the world leader in solar energy. Federal tax credits along with state renewable electricity standards helped fuel the boom....

    Until about a decade ago, the United States was the world leader in solar energy. Federal tax credits along with state renewable electricity standards helped fuel the boom.

  • 09.17.17

    Big Oil Will Have to Pay Up, Like Big Tobacco

    Here is a message to investors in the oil industry, whether pension and insurance funds, university endowments, hedge funds or other asset managers: Your investments are going to sour. The growing devastation caused by climate change, as seen this month in Texas, Florida and the Caribbean, are going to blow a hole ...

    Here is a message to investors in the oil industry, whether pension and insurance funds, university endowments, hedge funds or other asset managers: Your investments are going to sour. The growing devastation caused by climate change, as seen this month in Texas, Florida and the Caribbean, are going to blow a hole in your fossil-fuel portfolio.

  • 09.22.16

    Recalculating The Climate Math

    In this article, Bill McKibben investigates the question "How much more new digging and drilling can we do and still keep the atmosphere temperature rise below 2 degrees?" His answer: None. Based on a report from Oil Change International McKibben demonstrates that the amount of carbon that exists in current oil ...

    In this article, Bill McKibben investigates the question "How much more new digging and drilling can we do and still keep the atmosphere temperature rise below 2 degrees?"

    His answer: None. 

    Based on a report from Oil Change International McKibben demonstrates that the amount of carbon that exists in current oil and gas wells exceeds the amount of carbon that the world can safely emit into the atmosphere and have a reasonable chance of staying beneath the 2 degree limit.

    McKibben argues that we have already raised the world's temperature by 1 degree can have seen drastic effects - half the ice in the arctic has melted, huge swaths of coral has died out, there have been increases in floods and droughts, recent months have broken records for heat, areas of the world have approached temperatures that humans cannot survive. 

    He calls for an immediate cease to new exploration and a managed decline of the fossil fuel industry because "We literally cannot keep doing what we're doing if we want to have a planet."