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Green energy stocks are plunging with Donald Trump poised to win a second term. In his platform, Trump vowed to boost oil and gas and terminate the "Socialist Green New Deal." But don't forget, his first term was pretty good for renewables bloomberg.com/news/articles/… via Bloomberg Green

An Exxon CEO walked into a climate conference... and he had things to say bloomberg.com/news/articles/… Story with Jennifer A. Dlouhy:

🚨We have a new study that I believe truly pushes the boundary of supply chain #carbon #accounting: we developed an LNG lifecycle assessment model that tracked how gas moves from a well to an export terminal by analyzing gas transactions. #LCA #LNG

"We think the IRA makes sense” -ExxonMobil CEO Darren Woods

German energy company RWE has decided to buy back as much as €1.5 billion of shares as Trump's election puts US renewable power investment in jeopardy bloomberg.com/news/articles/…

The CEO of one of the biggest power companies in the US says AI-driven demand growth makes it harder to cut CO2: "Anything that’s driving demand is going to make it harder to retire existing fossil units. That’s just sort of basic physics.” bloomberg.com/news/articles/… via Bloomberg Green

Soaring wind power generation will keep electricity prices in check, even as freezing temperatures and snow grip northwest Europe over the coming week. While there are periods when the wind doesn't blow, it tends to be quite windy in winter bloomberg.com/news/articles/… via Bloomberg Markets

Donald Trump nominated Chris Wright, who runs a Colorado-based oil and natural gas fracking services company, to lead the Energy Department. But he's not just in fossil fuels. He's also on the board of SMR company Oklo and backed geothermal company Fervo bloomberg.com/news/articles/…

Yet, if all the mileage driven by EVs was driven using gasoline instead, China's gasoline demand would have been 14% higher this year, and total oil demand about 3% higher. The increase in EVs will have shaved about 5%-points off gasoline demand growth.

The recent hit piece against Organized Crime and Corruption Reporting Project does not deserve any oxygen. Our work is editorially independent. The fact we are funded in significant (but not exclusive) part by US grants is something we’ve always been open about. It’s right there on our website: occrp.org/en/about-us/an…

👀🌬️BP and Japan's biggest power producer Jera will merge their offshore wind businesses as the British oil major seeks to cut its exposure to the troubled green power sector. With Will Mathis and Mitchell Ferman bloomberg.com/news/articles/…

All that rapid and growing clean-energy build is not enough to start the secular decline of coal. The extreme rise in gas prices post-pandemic has reinforced coal's energy-security benefits for India and China. bloomberg.com/news/articles/… by Will Mathis

Spanish green power giant Iberdrola is now worth a record €100 billion as investors rush to the safety of its regulated power grids business after Trump announced tariffs. Iberdrola is now worth nearly $30 billion more than British oil giant BP.