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petroleum companies News

Amazon employees urge Jeff Bezos to release climate change plan

Seattle - In an open letter to Amazon’s board of directors and CEO Jeff Bezos, thousands of employees have asked the company to adopt a wide-ranging plan to fight climate change and to stop offering its cloud business, AWS, to the petroleum industry.

Texas oil companies want feds to pay for climate protection

Houston - The burning of fossil fuels is the driving force behind climate change, and now the companies responsible want the federal government to help pay to protect them from the consequences to the tune of about $12 billion.

JP Morgan forecast — EV revolution will have a bunch of losers

Exactly when the transition to electric vehicles (EVs) will take place has been the center of speculation by many groups. Many in the oil and auto industries predict it will happen in their grandchildren's lifetimes. But it could happen a lot sooner.
 

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