Exxon, Chevron Face Unprecedented Investor Pressure Over Climate Change Disclosure

International Business Times

Climate-conscious investors are preparing to deliver two top U.S. energy companies an unprecedented rebuke at annual shareholder meetings Wednesday. A month after world leaders came together to sign the historic Paris Agreement, cementing a promise to keep the Earth from warming more than 2 degrees Celsius, a record number of shareholder groups have backed proposals that would require Exxon Mobil and Chevron to say how they would adjust to that reality. To date, America's largest two energy companies by market share have given the cold shoulder to demands that they outline potential business impacts of policies designed to stave off catastrophic global warming, such as carbon taxes and emissions caps. "The board is confident that the company's robust planning and investment processes adequately contemplate and address climate change related risks," Exxon told shareholders in a letter advising them to vote against the proposal there. "Such a report is unnecessary in light of the safeguards and oversight in place through Chevron's business and project planning and enterprise risk management tools and processes," Chevron wrote, adding that disclosure could put the company at a competitive disadvantage.


Victor Davis Hanson: Trump, Netanyahu have transformed their nations -- It's better to be respected than liked

FOX News

Fox News Flash top headlines for Jan. 24 are here. Check out what's clicking on Foxnews.com Whether by accident or by deliberate osmosis, Israel and the U.S. have adopted similar solutions to their existential problems. Before 2002, during the various Palestinian intifadas, Israel suffered hundreds of deaths and thousands of injuries from suicide bombers freely crossing from the West Bank and Gaza into Israel. In response, Israel planned a vast border barrier.


Saturns magnetic field revealed by the Cassini Grand Finale

Science

The Cassini spacecraft spent 13 years orbiting Saturn; as it ran low on fuel, the trajectory was changed to sample regions it had not yet visited. A series of orbits close to the rings was followed by a Grand Finale orbit, which took the spacecraft through the gap between Saturn and its rings before the spacecraft was destroyed when it entered the planet's upper atmosphere. Dougherty et al. measured the magnetic field close to Saturn, which implies a complex multilayer dynamo process inside the planet. Roussos et al. detected an additional radiation belt trapped within the rings, sustained by the radioactive decay of free neutrons. Lamy et al. present plasma measurements taken as Cassini flew through regions emitting kilometric radiation, connected to the planet's aurorae. Hsu et al. determined the composition of large, solid dust particles falling from the rings into the planet, whereas Mitchell et al. investigated the smaller dust nanograins and show how they interact with the planet's upper atmosphere. Finally, Waite et al. identified molecules in the infalling material and directly measured the composition of Saturn's atmosphere. Starting on 26 April 2017, the Grand Finale phase of the Cassini mission took the spacecraft through the gap between Saturn's atmosphere and the inner edge of its innermost ring (the D-ring) 22 times, ending with a final plunge into the atmosphere on 15 September 2017. This phase offered an opportunity to investigate Saturn's internal magnetic field and the electromagnetic environment between the planet and its rings. The internal magnetic field is a diagnostic of interior structure, dynamics, and evolution of the host planet.


Oil Price Slump: Energy Sector Bracing For A Rough First-Quarter Earnings Season As Producers Are Hammered

International Business Times

U.S. energy companies are facing a brutal earnings season this spring as low oil and natural gas prices continue to hack away at revenue and hamper spending. Earnings growth for the sector could fall by about 100 percent in the first quarter from the same period last year, S&P Global Market Intelligence said this week in a survey of energy firms listed on the Standard & Poor's 500 index. Total earnings growth for the S&P 500 is expected to drop only about 7.5 percent for the quarter. The plunge in energy sector earnings might sound dramatic, but analysts said the numbers aren't exactly surprising, given that many U.S. oil and gas producers are no longer profitable. Crude prices have tumbled precipitously over the last 20 months on fears that global oil supplies are surging ahead of worldwide demand.


Saturn's moon Enceladus could harbour alien LIFE: Scientists find signs of CO2 below the icy crust

Daily Mail - Science & tech

The presence of carbon dioxide beneath the frozen surface of one of Saturn's moons suggests chemical reactions at its seafloor that could support alien life. Data from NASA's Cassini spacecraft shows an abundance of carbon dioxide (CO2) on Enceladus, Saturn's sixth-largest moon. A US research team says the CO2-rich plumes point to reactions between liquid water beneath the moon's surface and a complex rocky core. The scientists developed a new geochemical model to study the data from the Cassini space probe, from which new discoveries are still being made. The presence of CO2, along with previous discoveries of silica and molecular hydrogen, point to a diverse core that could support extra-terrestrial life.