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The oil market problem no one is talking about ... yet

If the oil industry doesn't do something soon, there could be big problems in just a few short years.


Expensive oil in the next decade could be a blessing and a curse.

A blessing because it will heighten incentives for renewables. A curse because society's infrastructure is not yet ready to go fossil free. And a prematurely forced transition could be excruciatingly painful. Simply put, are we ready to push our Ford F150s up the hill? Are we ready for the financial instability that might result from surges in oil prices? What would the consequences of financial instability be for the renewable transition (and a lot of other things that matter, like the infrastructure investments needed for climate change mitigation and adaptation).

Read the full article at the Motley Fool.

5% of Earth's power plants create 73% of the energy sector's emissions

A handful of "super emitters" are responsible for the vast majority of all emissions in the energy sector.

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e360.yale.edu

The race for EV parts leads to risky deep-ocean mining

The electric vehicle boom is driving a surge in demand for metals needed for batteries and other components. Some companies say the solution lies in mining the deep oceans. Scientists say that could irreversibly damage a vast, largely pristine ecosystem.

www.politico.eu

In Nord Stream 2 fight, Ukraine gives EU taste of its own bureaucracy

Ukraine, which has been making reforms in the hopes of joining the EU, is now demanding the bloc lives up to prior commitments.
www.politico.eu

Belgium and Germany deal with ‘unimaginable’ piles of post-flood trash

The push is to get rid of the garbage as fast as possible, even if that means not following the niceties of recycling regulations.
www.nationalgeographic.com

More 'good fires' could help California control future catastrophes

Wildfire is inevitable. But prescribed burning—careful, intentionally set fire—could help manage the risks.
grist.org

What’s the true cost of retail giants shipping your junk across the ocean?

Tracing the impact on the environment from shipping any of these goods is tricky to do.

It's not even August and we've already used up the Earth's resources for the year

Earth Overshoot Day improved last year because of the pandemic. As the economy opens up, it’s moving in the wrong direction again.