Wall Street Journal (March 12)
“Escalating Iranian attacks and the U.S. government’s decision to hold off on military escorts for oil tankers through the Strait of Hormuz are raising the prospect of a prolonged closure that would choke off exports through the world’s most important energy-transport route.”
Tags: Attacks, Choke, Decision, Energy, Escalating, Exports, Government, Iranian, Military escorts, Oil tankers, Prolonged closure, Route, Strait of Hormuz, Transport, U.S.
OilPrice.com (March 11)
“The world’s top crude oil and LNG importer, China, is not as exposed and vulnerable to energy deliveries from the Middle East as one might think. China has been amassing crude volumes in storage for months, it has been working for years to diversify oil and gas supply sources and routes, and has boosted the share of transport electrification, which has reduced demand for road transportation fuels.”
Tags: China, Crude oil, Demand, Electrification, Energy, Exposed, Gas, Importer, LNG, Middle East, Storage. Diversify, Supply sources, Transport, Vulnerable
Washington Post (May 14)
Plastic production is estimated to create roughly 5% “of all greenhouse gas emissions… more than all shipping or the entire airline industry.” But that estimate only “accounts for gases released when companies drill for oil and gas, transport it to refineries, turn it into plastic and mold it into products.” It ignores factors such as “how microplastics in the ocean and soil disrupt the natural cycles that pull carbon dioxide out of the atmosphere and cool the planet.” Though “scientists have long known that making plastic warms the planet,” plastic may ultimately “be heating the Earth even more than we realized.”
Tags: 5%, Airline industry, Atmosphere, CO2, Disrupt, Drill, Gas, GHG emissions, Microplastics, Mold, Natural cycles, Ocean, Oil, Plastic, Production, Products, Refineries, Scientists, Shipping, Soil, Transport
The Economist (June 19)
“Rising temperatures in the Arctic are slowly opening up new possibilities for transport.” Geopolitical stakes are also rising in the region. “China’s support for Russia is fuelling Western distrust of the Asian power’s ‘polar silk road’ plans. But China is not retreating from the Arctic. It still sees a chance to boost its influence there, and to benefit from the area’s wealth of natural resources.”
Tags: Arctic, China, Distrust, Geopolitical, Influence, Polar silk road, Russia, Support, Temperatures, Transport, Wealth
Washington Post (November 4)
“This week has brought a flurry of speculation over the possibility that Beijing might alter course nearly three years into the pandemic. Investors are watching for signs of recovering demand in China, the world’s second-largest economy, and an end to disruptions to manufacturing and transport that have affected global supply chains.”
Tags: Beijing, China, Disruptions, Economy, Investors, Manufacturing, Pandemic, Possibility, Recovering demand, Signs, Speculation, Transport
BBC (April 4)
“Even if all the policies to cut carbon that governments had put in place by the end of 2020 were fully implemented, the world will still warm by 3.2C this century…. The good news is that this latest IPCC summary shows that it can be done…. But keeping temperatures down will require massive changes to energy production, industry, transport, our consumption patterns and the way we treat nature.”
Tags: 2020, Carbon, Consumption, Energy production, Governments, Implemented, Industry, IPCC, Nature, Policies, Temperatures, Transport, Warm, World
Star-Ledger (September 23)
“Facing a lack of bus drivers at the start of the academic year, school districts around the state are dangling incentives that include higher pay for commercial drivers and ‘parent contracts’ worth $1,000 for residents to transport their kids to school in their own cars. The issue extends beyond the state’s borders. In Massachusetts, the governor activated 250 members of the National Guard to get behind the wheel of school transport vans.”
Tags: Bus drivers, Commercial drivers, Higher pay, Incentives, Lack, Massachusetts, National Guard, Parent contracts, Residents, School districts, Transport
Investment Week (September 14)
The “Next Generation EU” deal provides ESG investors with much to watch. The €550bn “centerpiece of the stimulus” focuses on fighting climate change through “expenditures earmarked for promoting energy efficiency and developing renewable energy resources, emission-free vehicles, and sustainable transport, alongside other measures of environmental protection designed to help meet Europe’s 2050 climate neutrality pledge.”
Tags: 2050, Climate change, Climate neutrality, Efficiency, ESG, EVs, Investors, Next Generation EU, Renewable energy, Stimulus, Transport
BBC (January 2)
“France’s transport strike against pension reform has entered its 29th day, making it the longest rail workers’ strike since May 1968.” Even though a majority of the French population supports President Macron’s pension reforms, plans call for additional disruption. “Union leaders have called for a day of mass protests on 9 January. A new blockade of petrol facilities, including refineries, petrol terminals and depots, is also planned on 7 January for 96 hours until 10 January.”
Tags: Blockade, Disruption, France, Macron, Pension reform, Petrol, Protests, Rail workers, Refineries, Strike, Transport
The Economist (September 3)
“An epic struggle looms. It will transform daily life as profoundly as cars did in the 20th century: reinventing transport and reshaping cities, while also dramatically reducing road deaths and pollution.” Across several industries companies have grasped “the transformative potential of electric, self-driving cars, summoned on demand.” With Uber poised to lead this race, “technology firms including Apple, Google and Tesla are investing heavily in autonomous vehicles; from Ford to Volvo, incumbent carmakers are racing to catch up.”
Tags: Apple, Autonomous vehicles, Carmakers, Cars, Cities, Daily life, Electric, Ford, Google, Pollution, Reinventing, Roads, Self-driving, Struggle, Tesla, Transformative potential, Transport, Uber, Volvo
