"The oil industry could be facing the worst supply glut in history and start running out of storage space for excess oil because of the coronavirus pandemic, analysts warned yesterday."
SEJournal welcomes back from hiatus our WatchDog feature, now recast as an opinion column from Joseph A. Davis, Society of Environmental Journalists’ veteran freedom of information advocate and longtime SEJournal contributor. In part one of a two-parter, find out why we’re relaunching the new column, plus get Davis’ take on government openness (or lack thereof) around coronavirus, as well as more on SEJ’s deep commitment to open information and a rundown of its recent FOI activities. And watch for part two next week.
The latest entry in our ongoing “Covering Your Climate: The Emerald Corridor” special report looks at what the Pacific Northwest is doing to mitigate climate change, including reducing carbon emissions, limiting sprawl and congestion, pushing energy efficiency and pursuing carbon sequestration. Read the new tipsheet, plus check out our earlier report on climate impacts and our opening backgrounder.
"An unusually warm winter has caused bears to stir early from hibernation in several countries, raising concerns of an increased number of conflicts with humans."
"The polar ice caps are melting six times faster than in the 1990s, according to the most complete analysis to date."
"The World Health Organization on Wednesday declared the novel coronavirus outbreak a pandemic."
"The world is “way off track” in dealing with the climate emergency and time is fast running out, the UN secretary general has said. António Guterres sounded the alarm at the launch of the UN’s assessment of the global climate in 2019."
"The coronavirus outbreak is pushing the world’s airlines toward financial crisis — and that is starting to complicate efforts to tame airlines’ greenhouse gas emissions, which had been growing rapidly in recent years."
"The dramatic fall of oil prices could upend the American fracking industry, analysts said Monday, as panic over the coronavirus outbreak lessened global demand and Saudi Arabia and Russia flooded the market with new supply."
"Saudi Arabia slashed its export oil prices over the weekend in what is likely to be the start of a price war aimed at Russia but with potentially devastating repercussions for Russia’s ally Venezuela, Saudi Arabia’s enemy Iran and even American oil companies."
