Occidental Petroleum’s Vicki Hollub fended off a shareholder revolt led by Carl Icahn. Lifted by rising crude prices, she now has the confidence of Warren Buffett.
New research shows that California’s climate policy created up to 39 million carbon credits that aren’t achieving real carbon savings. But companies can buy these forest offsets to justify polluting more anyway.
Much of the hand-wringing about cleaner fuel has to do with things we encounter daily - trains, planes and automobiles. But possibly the most significant issue, and certainly the most immediate one, is far out at sea.
China is putting money into undersea mining in the hope of maintaining the supply of minerals that make much of today’s technology possible, but such endeavours may threaten marine ecosystems we know little about, David Dodwell argues in the South China Morning Post.
David Dodwell: China leads hunt for deep-sea minerals, environmental concerns surface