Search results

"Exxon Mobil Plans to Produce Lithium in Arkansas"

"Exxon Mobil said on Monday that it planned to set up a facility in Arkansas to produce lithium, a critical raw material for electric vehicles, which pose one of the biggest challenges to the company’s oil business."

Source: NYTimes, 11/14/2023

"Wood Pellet Giant Enviva Discloses a Financial Crisis"

"A financial crisis has enveloped Enviva, the Maryland-based company that’s been harvesting large swaths of forest in the Southeast United States to make wood pellets for electricity production in the United Kingdom and Europe." "The company’s stock price plunged as its new interim CEO announced financial losses. Environmentalists had long questioned a business model they said was based on greenwashing."

Source: Inside Climate News, 11/14/2023

"Trump Turns To Oil Barons To Boost His White House Bid"

"At fundraisers, Trump has been wooing oil billionaires with a variety of pitches, including false claims about electric cars".

"Earlier this summer, oil billionaire Harold Hamm called for Donald Trump to drop out of the presidential race. He made contributions to the presidential campaigns of Florida Gov. Ron DeSantis and former U.N. ambassador Nikki Haley and questioned publicly whether Trump could beat President Biden in the 2024 election.

Source: Washington Post, 11/13/2023

Oil Firms Attending Climate Talks Have Minimal Green Energy Transition Plans

"Faced with criticism about their presence at negotiations, leaders of such [oil] companies argue they are part of the transition to renewable energies, an argument that negotiators like U.S. Climate Envoy John Kerry have cautiously endorsed. But an Associated Press review of how much these companies invest in green energies, along with the priorities laid out in their annual reports, cast doubts on genuine commitments to transition."

Source: AP, 11/13/2023

Pages