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#ClimateChange

636 posts308 participants5 posts today

Oil giants are abandoning the energy battlefield, redirecting profits to shareholders.

Major oil companies are not just quitting renewables—they're retreating from energy growth entirely. Rather than investing in future production, oil majors are now diverting more than half of their cash flow to shareholders, a withdrawal that signals "the future of energy is being built around them, not by them."
#fossilfuels #oil #oilcompanies #climate #ClimateChange #energy

harrybenham.substack.com/p/lea

The Manufacturing of Energy · Leaving the battlefield: oil companies are quitting renewables, yes, but also quitting energyBy Harry Benham
Replied in thread

@f800gecko Well, the pigs are squealing, so that's a hopeful sign. Also, I think #PopeFrancis wanted him as his successor. He served in the US & Peru until two years ago, when he came out of nowhere and rapidly shot up the ranks in Rome. They share the same heart for the poor and #ClimateChange.The last Pope Leo was in many ways ultraconservative, but also made remarks about the working class that you might think were made by a commie if you didn't know any better.

To all those people who probably either muted or blocked me, insisting that it was crazy to re-localize farming or sustain a city on local farming, well guess what?

I think it should be said that if this is entirely possible and it builds resilience and indeed helps decouple us from the energy intensive economy that’s burning the planet down and massively reduce the amount of renewables we need maybe we should be doing this.

Land use is climate change.

phys.org/news/2025-05-apocalyp

Phys.org · After the apocalypse: Urban and near-urban farming may be enough to sustain mid-size citiesBy Public Library of Science

Entre les ambitions climatiques francetvinfo.fr/environnement/ et la protection de l'industrie automobiles, le Parlement européen a choisi : Les députés européens ont validé, jeudi 8 mai, un assouplissement des règles imposées aux constructeurs automobiles en matière d'émissions de CO2, afin de leur éviter des amendes en 2025. francetvinfo.fr/economie/autom