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Energy
Vehicle charging points at a railway station in France. François GOGLINS via Wikimedia Commons

Electric Vehicle Sales Foretell a Big Oil Crash

By Paul Brown

Oil and gas companies have underestimated probable electric vehicle sales and the effect they will have on their own businesses and profits, a new report says.

If the car manufacturers' projections of future sales of electric cars are correct, then demand for oil will have peaked by 2027 or even earlier, sending the price of oil in a downward spiral as supply exceeds demand, said Carbon Tracker (CT), an independent financial think-tank carrying out in-depth analysis on the impact of the energy transition on capital markets.

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World's Plastic Waste Problem Now Predicted to Reach 111 Million Metric Tonnes by 2030

Mountains of plastic waste are building up around the globe after China implemented a ban on other countries' trash.

By 2030, an estimated 111 million metric tons of single-use drink bottles, food containers and other plastic junk will be displaced because of China's new policy, according to a new paper from University of Georgia researchers, who cited UN global trade data for their study.

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Renewable Energy
Minnesota Senate Building solar array ribbon-cutting ceremony on May 10. MN Administration / CC BY 2.0

U.S. Sees Steady Solar Growth Despite Trump, But China Slashes Subsidies

By Andy Rowell

Donald Trump can't stop the sun from shining. Despite the climate denier's pro-fossil fuel agenda, and despite his tariffs on imported solar panels, the U.S. still installed more solar than any other source of energy in the first quarter of the year.

The amount of solar power installed in the U.S. climbed 13 percent in the first quarter, according to the trade body, the Solar Energy Industries Association (SEIA).

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Energy

Chinese Gas Pipeline Explosion Injures 24 People

A natural gas pipeline operated by the state-owned China National Petroleum Corp. exploded in the southwestern Guizhou province on Sunday night.

At least 24 people were "seriously injured," Xinhua reported Monday, citing local government authorities. Eight people are reportedly in critical condition and 16 in serious condition. No deaths were reported.

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Business

Electric Vehicle Sales More Than Doubled in 2017

A record number of electric vehicles (EVs) were sold in 2017, more than doubling the number of EVs on the road, a report released Wednesday by the International Energy Agency (IEA) found.

The report, Global EV Outlook 2018, gave a summary of the state of EVs today and estimated their progress through 2030.

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Climate
China's Xiangjiang river nears its record level in 2017. Huangdan2060 / Wikimedia Commons

Climate Change Damage in China Could Harm U.S. Economy, Study Finds

By Tim Radford

German scientists have shown once again that climate change remains a global problem, with China's climate impact, for instance, hurting the economy of the U.S. Disastrous flooding—likely to increase as the world warms, and ever more water enters the atmosphere—in one country could reverberate in ways that could harm another nation's economy.

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Climate
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China’s Global Infrastructure Initiative Could Bring Environmental Catastrophe

By Nexus Media, with William F. Laurance

Humans are ravaging tropical forests by hunting, logging and building roads and the threats are mounting by the day.

China is planning a series of massive infrastructure projects across four continents, an initiative that conservation biologist William Laurance described as "environmentally, the riskiest venture ever undertaken."

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Climate
The Aral Sea, seen in a NASA satellite image, in 2000 on the left versus 2017 on the right. Modis / Terra / NASA

NASA Study of Increasingly Dire Global Water Shortages Finds 'Clear Human Fingerprints'

By Julia Conley

With a first-of-its-kind satellite study, NASA scientists have identified more than 30 parts of the globe where the depletion of freshwater has been most dramatic, largely due to human activity and the climate crisis.

Parts of India, the Middle East, Australia, the Arctic, Antarctica, and California were among the places pointed out in the new study, published in Nature on Wednesday, as areas where an overuse of groundwater resources from irrigation, agricultural, and industry projects, as well as the loss of glaciers and ice sheets, have led to water shortages.

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Researchers Uncover 'New Phase of Globalization' With Major Climate Consequences

Research published Monday in Nature Communications raised concerns about how economic shifts in the developing world might impact global efforts to reduce carbon emissions and fight climate change.

Researchers at the University of East Anglia (UEA) and partners in China and the U.S. identified a "new phase of globalization" as trade between developing countries, which they called South-South trade, increased by more than two times between 2004 and 2011.

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