February 2

Daily Energy Standup Episode #53 -BP says renewables are not profitable – NATO wants EV tanks – Scotland has a wind pollution problem

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BP says renewables are not profitable – NATO wants EV tanks – Scotland has a wind pollution problem.

What a day. The key takeaway is that there is a trend from global investors to demand profits over ESG investing. BP CEO says they have to focus on profitable areas of income in order to meet investor expectations. Renewable projects are not profitable. And boy the NATO commander did not read the memo; he is asking for solar panels on tanks so they can be greener. 

BP’s CEO Plays Down Renewables Push as Returns Lag – Translation: “Investors Expect Returns and Renewables Are Not Profitable”

Big Oil Companies

February 1, 2023

LONDON—BP PLC BP 0.58%increase; green up pointing triangle Chief Executive Bernard Looney plans to dial back elements of the oil giant’s high-profile push into renewable energy, according to people familiar with recent discussions. Mr. Looney has said he is disappointed in the […]

Riddle: What happens when 14 million trees are cut down to make way for wind turbines? Answer: Scotland Littered By Tonnes of Toxic Plastics Shed By Thousands of Wind Turbine Blades –

ENB Pub Note

February 1, 2023

Column: An open letter to Californians: A high-utility-bill explanation, and a path to a smarter energy future

Electrical Generation

February 1, 2023

McDermott joins in on Greece-Africa interconnector project

Exports

February 1, 2023

‘We Found No Misuse Of US Funds In Ukraine’, US Treasury Says (With Straight Face) – long term energy price impact

ENB Pub Note

‘We Found No Misuse Of US Funds In Ukraine’, US Treasury Says (With Straight Face) – long term energy price impact

NATO CHIEF WANTS MILITARY TANKS TO HAVE SOLAR PANELS -“It takes a village to raze an idiot, and the green village is global” -Stu      

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