• 17 hours PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 19 hours Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 21 hours Syrian Rebels Relinquish Control Of Major Gas Field
  • 22 hours Schlumberger Warns Of Moderating Investment In North America
  • 23 hours Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 24 hours Energy Regulators Look To Guard Grid From Cyberattacks
  • 1 day Mexico Says OPEC Has Not Approached It For Deal Extension
  • 1 day New Video Game Targets Oil Infrastructure
  • 1 day Shell Restarts Bonny Light Exports
  • 1 day Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 1 day Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 2 days British Utility Companies Brace For Major Reforms
  • 2 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 2 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 2 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 2 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 2 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 2 days Rosneft Signs $400M Deal With Kurdistan
  • 2 days Kinder Morgan Warns About Trans Mountain Delays
  • 2 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 3 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 3 days Russia, Saudis Team Up To Boost Fracking Tech
  • 3 days Conflicting News Spurs Doubt On Aramco IPO
  • 3 days Exxon Starts Production At New Refinery In Texas
  • 3 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 4 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 4 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 4 days China To Take 5% Of Rosneft’s Output In New Deal
  • 4 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 4 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 4 days VW Fails To Secure Critical Commodity For EVs
  • 4 days Enbridge Pipeline Expansion Finally Approved
  • 4 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 4 days OPEC Oil Deal Compliance Falls To 86%
  • 5 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 5 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 5 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 5 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 5 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 5 days Aramco Says No Plans To Shelve IPO
2 Red Flags For The World’s Top Shale Play

2 Red Flags For The World’s Top Shale Play

Changing legislation and taxation for…

The U.S. LNG Boom Could Be About To Stall

The U.S. LNG Boom Could Be About To Stall

United States LNG has seen…

New U.S. Report Says Climate Change Already Having Impact

New U.S. Report Says Climate Change Already Having Impact

The U.S. Global Change Research Program released a landmark report on climate change on May 6, put together by over 300 experts across multiple government agencies. The National Climate Assessment (NCA) finds that climate change is already affecting the U.S. – from changing weather patterns to increased floods, wildfires, droughts, pest outbreaks and more.

“Climate change, once considered an issue for a distant future, has moved firmly into the present,” the report concludes. The NCA draws a direct link between the burning of fossil fuels and the effects of climate change.

The report also offers details on how different regions of the United States are affected differently. For example, in the mountain west and southwest, reduced snowpack, rising temperatures, and drought will impact agriculture. On the other hand, in the northeast, hurricanes and other extreme weather events could lead to an increased frequency in flooding.

Related Article: Despite Green Energy Gains, U.S. Reliance On Coal And Gas Set To Continue

The Washington Post published a related article on U.S. President Barack Obama’s renewed determination to address climate change. He has been regularly briefed on climate science and now sees it as a major aspect of his legacy. In the article, he speaks in personal terms about how climate change will affect his daughters’ lives.

The NCA’s rollout will coincide with a reinvigorated White House strategy to address climate change, according to the Post.

The White House plans to use the NCA as the basis for how it will address greenhouse gas emissions in Obama’s remaining two-and-a-half years in office. The most ambitious of these measures will be the pending limits on greenhouse gas emissions from existing power plants, which the EPA plans to introduce in June.

The Obama administration has several other key environmental decisions to make in the coming months, including the fate of the Keystone XL pipeline and how to address methane emissions from oil and gas drilling.

By Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage

Leave a comment
  • Steve Scholle on May 14 2014 said:
    Who are these climate deniers, like Senator Inhofe, who set our world back for generations? Shame on them.
  • David Hrivnak on May 07 2014 said:
    Fortunately alternatives to fossil fuels are now here. We have gone solar and are now producing more energy this Spring than our house and electric car use. A nice side benefit is we now pay only $7/month to run our house and drive 600+ miles each month.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News