Coal could serve as a bridge fuel to renewables. That’s right, not gas, but coal. The gracious allowance comes from the European Commission’s vice president and the man in charge of the Green Deal, Frans Timmermans — the same man who
Good read. You overlooked the German government's willingness to reconsider its ban on North Sea O&G exploration, which will be quite incredible if the Greens go along with that.
I would take issue with this line: "the industry, which has prioritized returns to shareholders over production growth at least in part because of the renewables pivot of the federal government". This is not the case - it is the industry's own failure to deliver returns to shareholders over the last decade. I suggest you read Arjun Murti's Super-Spiked newsletter. He describes the shale sector as 'not-for-profit' - reduced capex allocation today is really nothing to do with federal policy or renewables: https://arjunmurti.substack.com/p/from-not-for-profit-to-a-new-roce?s=r
Very interesting article!
Good read. You overlooked the German government's willingness to reconsider its ban on North Sea O&G exploration, which will be quite incredible if the Greens go along with that.
I would take issue with this line: "the industry, which has prioritized returns to shareholders over production growth at least in part because of the renewables pivot of the federal government". This is not the case - it is the industry's own failure to deliver returns to shareholders over the last decade. I suggest you read Arjun Murti's Super-Spiked newsletter. He describes the shale sector as 'not-for-profit' - reduced capex allocation today is really nothing to do with federal policy or renewables: https://arjunmurti.substack.com/p/from-not-for-profit-to-a-new-roce?s=r
“addressing the most pressing problems of bill-payers first.”
Wouldn’t that be nice? I hardly ever hear about bill-payers in all these discussions, or tax payers.
Great Article!