Big Oil Companies' , Actions Fail to Meet , Clean Energy Promises.
New research suggests that four
major oil companies have failed
to take action that lives up to their
promises to transition to clean energy.
.
NPR reports that the study was published
on February 16 in the journal 'PLOS One.'
.
The study found that Chevron, ExxonMobil, BP
and Shell all used buzz words like "climate"
and "low-carbon" in recent annual reports.
.
The study found that Chevron, ExxonMobil, BP
and Shell all used buzz words like "climate"
and "low-carbon" in recent annual reports.
.
The study found that Chevron, ExxonMobil, BP
and Shell all used buzz words like "climate"
and "low-carbon" in recent annual reports.
.
The study found that Chevron, ExxonMobil, BP
and Shell all used buzz words like "climate"
and "low-carbon" in recent annual reports.
.
However, the oil companies have failed
to take action and remain financially
dependent on fossil fuels.
.
We thus conclude that the transition
to clean energy business models is not
occurring, since the magnitude
of investments and actions
does not match discourse, Researchers at Tohoku University
and Kyoto University in Japan, via NPR.
Until actions and investment behavior
are brought into alignment with discourse,
accusations of greenwashing
appear well-founded, Researchers at Tohoku University
and Kyoto University in Japan, via NPR.
According to the study, those four
oil companies alone account for over
10% of global carbon emissions since 1965.
.
The research shows that while BP and Shell have pledged
to reduce investment in fossil fuels, they have actually
increased acreage for new oil and gas exploration.
.
According to the study, ExxonMobil failed to generate any clean energy between 2009 and 2020.
.
NPR reports that the oil companies have defended their actions and detailed plans that extend as far into the future as 2050 to reach net-zero emissions.
ConocoPhillips , to Buy Marathon Oil.
ConocoPhillips , to Buy Marathon Oil.
On May 29, ConocoPhillips agreed to
acquire Marathon Oil in an all-stock deal valued at $17 billion, CNBC reports.
The agreement will provide ConocoPhillips with
an additional 2 billion barrels of U.S. inventory.
This acquisition of Marathon Oil further
deepens our portfolio and fits within our
financial framework, adding high-quality,
low cost of supply inventory adjacent to our
leading U.S. unconventional position. , ConocoPhillips CEO Ryan Lance, via statement.
ConocoPhillips' market cap will
exceed $150 billion due to the deal.
As an independent producer, ConocoPhillips will now be on the same scale as some big-time players, CNBC reports.
For example, the company will become larger than BP but still be smaller than Shell, according to Andrew Dittmar, M&A analyst at Enverus.
For example, the company will become larger than BP but still be smaller than Shell, according to Andrew Dittmar, M&A analyst at Enverus.
While the deal is likely to face FTC scrutiny, the fact that Marathon's assets encompass multiple basins supports regulatory approval, Dittmar said. .
Once the deal is complete,
ConocoPhillips anticipates share buybacks worth $7 billion within the first year.
After three years, that number is
expected to grow to $20 billion.
ConocoPhillips' larger rivals,
Exxon Mobil and Chevron, announced
blockbuster deals as well last year.
ConocoPhillips' larger rivals,
Exxon Mobil and Chevron, announced
blockbuster deals as well last year
Credit: Wibbitz Top Stories Duration: 01:31Published
Some Early Tesla Bulls , Are Ditching the Stock.
Reuters reports that Tesla's shares
are down about 30% this year.
Since 2021, shares have fallen
over 50%, causing the company to
lose $600 billion in market value. .
Q1 results fell short of analysts' expectations.
As a result, many of Tesla's
institutional shareholders are saying
goodbye to the stock, Reuters reports. .
Gabelli Funds sold all of
its 65,900 shares in Q1. .
It started to feel like the
fundamentals were becoming
detached from reality. , John Belton, a portfolio manager at Gabelli Funds, via NPR .
We think the stock works best when
there are auto company fundamentals
that justify the stock price, John Belton, a portfolio manager at Gabelli Funds, via NPR .
Ross Gerber of Gerber Kawasaki Wealth
& Investment Management has sold
about 200,000 Tesla shares this year. .
I think the story is over,
is the best way to say it, Ross Gerber of Gerber Kawasaki Wealth
& Investment Management, via NPR.
Over the last year and a half, Elon鈥檚
personal quests based on the way that
he sees the world have superseded the
interests of Tesla and its shareholders, Ross Gerber of Gerber Kawasaki Wealth
& Investment Management, via NPR.
However, not all of Wall Street
has given up on the stock.
Five mutual funds tracked by Morningstar
increased their Tesla shares last quarter,
and 19 analysts have given Tesla a "buy" or "strong buy" rating, Reuters reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
Claudia Sheinbaum Is Elected , As Mexico鈥檚 First Female President.
The former Mexico City mayor was elected as the country's first female president on June 2.
She's estimated to win the
election with "between 58% to
over 60% of the votes," NPR reports. .
X贸chitl G谩lvez is projected to
get about 28% of the vote.
while Jorge 脕lvarez M谩ynez will likely
receive about 10% of the vote.
Outgoing President Andr茅s Manuel L贸pez Obrador took to X to congratulate Sheinbaum.
Today is a day of glory because
the people of Mexico freely and
democratically decided that Claudia
Sheinbaum becomes the first
female president in 200 years of
independent life of our Republic. , Andr茅s Manuel L贸pez Obrador, via X.
Congratulations to all of us who
have the joy of living in these stellar
times of pride and transformation, Andr茅s Manuel L贸pez Obrador, via X.
Sheinbaum is considered by many to be L贸pez Obrador鈥檚 political protege, promising to uphold policies and programs he instated while in office.
Sheinbaum is considered by many to be L贸pez Obrador鈥檚 political protege, promising to uphold policies and programs he instated while in office.
Many voters consider the transition to be "perfect" since Sheinbaum has L贸pez Obrador鈥檚 support.
I don鈥檛 have a lot of life left to live,
but I will support him to the death, 77-year-old Ignacio Morales, via NPR.
Others weren't so supportive. .
He鈥檚 a dictator,
and Sheinbaum is his puppet, Almarosa Anaya, via NPR
Credit: Wibbitz Top Stories Duration: 01:30Published
American Airlines Is Sued for Discrimination , After Removing Black Men From Flight.
Three Black men filed a lawsuit against
the airline on May 29, NPR reports.
The men allege that they and five
other Black men were subjected to
"blatant and egregious racial discrimination"...
... when they were removed from
a flight in January "without any valid
reason, based solely on their race.".
The eight men reportedly did not know one another and weren't seated by each other on the flight. .
The lawsuit claims that an American Airlines representative singled out each of the men, asking them to leave the plane and book another flight.
In fact, once they reached the jet bridge,
they saw that several other Black men were
also being removed from the plane. In fact,
it appeared to Plaintiffs that American had
ordered all of the Black male passengers
on Flight 832 off the plane, Via lawsuit.
Later, the men discovered that they had been removed from the plane because a passenger complained about body odor, although none of them were approached about body odor. .
When the men told another American
Airlines staff member that they were being
racially targeted, the employee said she
"did not disagree," the lawsuit claims.
Ultimately, the passengers re-boarded the flight because there were no other flights available to their destination that evening.
Plaintiffs then had to re-board the plane
and endure the stares of the largely
white passengers who viewed them
as the cause of the substantial delay. , Via lawsuit.
They suffered during the entire
flight home, and the entire incident
was traumatic, upsetting, scary,
humiliating and degrading, Via lawsuit.
American Airlines is "currently
investigating the matter, as the claims do
not reflect" the company's "core values."
Credit: Wibbitz Top Stories Duration: 01:31Published
Struggling With Everyday Decisions? , Here's How to Be More Decisive.
Have you ever found yourself scrolling through streaming services, overwhelmed by the thousands of options,
so you continue scrolling for what seems like forever?.
NPR reports that indecisiveness is a trait that has gained momentum among citizens of the United States since the onset of the COVID-19 pandemic.
NPR reports that indecisiveness is a trait that has gained momentum among citizens of the United States since the onset of the COVID-19 pandemic.
Per the American Psychological Association's yearly
'Stress in America' Survey, almost one-third of American adults say they often have trouble making everyday decisions.
Per the American Psychological Association's yearly
'Stress in America' Survey, almost one-third of American adults say they often have trouble making everyday decisions.
Here's how to be less indecisive:.
Nothing is Perfect.
Have you been frozen by the sheer amount of options on a restaurant menu? Are you afraid of making the "wrong" choice?.
Have you been frozen by the sheer amount of options on a restaurant menu? Are you afraid of making the "wrong" choice?.
Experts say there is often no perfect choice, and the idea that one may exist could prevent you from choosing at all. Trust yourself.
Limit Your Options .
Experts say, if possible, give
yourself less room to choose.
For instance, while at the grocery
store, avoid "analysis paralysis" by preparing a list and sticking to it.
For instance, while at the grocery
store, avoid "analysis paralysis" by preparing a list and sticking to it.
Self-Trust.
Second opinions can be invaluable,
though experts say you must
learn to trust yourself.
There are situations
where I want to sit
with the discomfort
of making the
decision myself, , Monica Johnson, licensed psychologist, via NPR.
... and then [I] kind of look at what is the outcome of the decision, so that I can build up trust in my ability to
know what's right for me... , Monica Johnson, licensed psychologist, via NPR.
... and then [I] kind of look at what is the outcome of the decision, so that I can build up trust in my ability to
know what's right for me... , Monica Johnson, licensed psychologist, via NPR
Credit: Wibbitz Top Stories Duration: 01:31Published
Why You Should , Set Healthy Boundaries .
Do you feel pressured to say yes to yet another work request? Maybe you've been burnt out by
too many social gatherings?.
It could be time to set some healthy boundaries.
A boundary is something that keeps you safe and comfortable in your relationships. , Nedra Glover Tawwab, therapist, author of 'Set Boundaries, Find Peace,' via NPR.
Signs You Need
to Set Boundaries.
If you feel forced into things you don't want to do, you're compromising on your boundaries.
Experts say ignoring to set boundaries often leads to frustration and resentment.
Increased anxiety prior to interacting with certain people or anticipating declining a request may also be a sign it's time to fortify your boundaries.
Those [feelings] are indicators that perhaps there is space for boundaries in this situation. , Nedra Glover Tawwab, therapist, author of 'Set Boundaries, Find Peace,' via NPR.
Practice Setting Boundaries.
Boundary-setting takes dedication and practice. Here are a few ways to refine your boundary-setting skills.
Ask yourself what you're willing to tolerate. When something doesn't feel right, set a boundary and communicate it clearly.
If you feel overextended, say so. Don't expect others to know what you can or can't handle.
If you don't have the energy to honor a request, be honest and politely decline.
Remember, boundaries start with you. Understanding your own capacity could lead to a life of healthier relationships
Credit: Wibbitz Top Stories Duration: 01:30Published
UK's Boris Johnson , Says Oil and Gas Industries , Part of Move to Net Zero.
UK's Boris Johnson , Says Oil and Gas Industries , Part of Move to Net Zero.
Yahoo reports that oil and gas will continue..
Credit: Wibbitz Top Stories Duration: 01:31Published
Environmental Educator education week 6 Environmental Myths debunks that wealth is an exception to environmental responsibility, all the money in the world will buy our way out of this global..
![ConocoPhillips to Buy Marathon Oil [Video]](https://video.newsserve.net/300/v/20240529/1376839238-ConocoPhillips-to-Buy-Marathon-Oil.jpg)
![Some Early Tesla Bulls Are Ditching the Stock [Video]](https://video.newsserve.net/300/v/20240605/1377501868-Some-Early-Tesla-Bulls-Are-Ditching-the-Stock.jpg)
![Claudia Sheinbaum Is Elected As Mexico鈥檚 First Female President [Video]](https://video.newsserve.net/300/v/20240603/1377293264-Claudia-Sheinbaum-Is-Elected-As-Mexico-First.jpg)
![American Airlines Is Sued for Discrimination After Removing Black Men From Flight [Video]](https://video.newsserve.net/300/v/20240530/1376946754-American-Airlines-Is-Sued-for-Discrimination-After-Removing.jpg)
![Struggling With Everyday Decisions? Here's How to Be More Decisive [Video]](https://video.newsserve.net/300/v/20240530/1376946760-Struggling-With-Everyday-Decisions-Here-How-to.jpg)
![Why You Should Set Healthy Boundaries [Video]](https://video.newsserve.net/300/v/20240522/1376185740-Why-You-Should-Set-Healthy-Boundaries.jpg)
![UK's Boris Johnson Says Oil and Gas Industries Part of Move to Net Zero [Video]](https://video.newsserve.net/300/v/20220208/1330537394-UK-Boris-Johnson-Says-Oil-and-Gas.jpg)
![ENVIRONMENTAL EDUCATOR EDUCATION WK 6 ENVIRONMENTAL MYTHS GET DEBUNKED [Video]](https://video.newsserve.net/300/v/20220201/1643691014-ENVIRONMENTAL-EDUCATOR-EDUCATION-WK-ENVIRONMENTAL-MYTHS-GET.jpg)
