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Monthly Archives: December 2019
Fossil fuel co write downs: the next new normal
The second-largest U.S. oil company announced this week that it is writing down the value of reserve assets by $10 billion ($11 billion Cdn), as well as restructuring operations, and looking to sell some properties including the planned Kitimat LNG … Continue reading
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European Investment bank shifts allocations to non-fossil fuel energy only
Werner Hoyer, president of the European Investment Bank, discusses his investments in non-fossil fuel energy, the German Climate Bill and his thoughts on Brexit. Here is a direct video link. Also see Australian power prices set to slide over the … Continue reading
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First all-electric seaplane takes flight in B.C
There are about 170 different electrically-propelled aircraft programs in development worldwide, up 50% since April 2018, according to consulting firm Roland Berger. BC’s Harbour Air achieved flight with one this week. In the process, it slashed fuel costs from $300-$400 … Continue reading
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