What does opportunity look like? Across the industries we serve, we help our customers identify the fundamental forces and changes that affect their worlds. The following story from our 2012 Annual Report uses the power of data visualization to simplify and unify complex sets of data, and illustrate the ways in which the ability to see and understand change can reveal powerful opportunities. (more…)
Today, more than a billion people around the world will celebrate Earth Day. We recognize the importance of not only becoming more aware of what we can do to reduce our carbon footprint, but of how we can engage the next generation in the conversation about ways we can reduce, reuse, recycle and renew Earth’s resources.
A new sub-site on the Thomson Reuters Sustainability site will do just that! Youth Perspectives will feature articles and observations from highly engaged young people across the globe. It’s a space for the next generation to lend their voices to the environmental sustainability dialogue, and a place for us all to learn from one another and get re-energized to come up with fresh ideas for ways we can make a difference.
“Sustainability is about meeting the needs of the present without compromising the ability of future generations to meet their own needs,” said Stephane Bello, Chief Financial Officer, Thomson Reuters. “Sustainability from Thomson Reuters gives fresh voice to the current issues relating to this basic problem of preservation. It’s right that the next generation should have their voice through the site.”
Find out more about the Youth Perspectives page.
A new report from BP suggets that energy produced by wind, solar and other renewable sources will grow by fourfold by 2030, but the clean-energy sector will account for only a small fraction of total output. Here are some more highlights from Wednesday’s report:
- Natural gas is projected to be the fastest growing fossil fuel globally to 2030 at an average annual rate of 2.1%.
- Energy from coal will account for more than a quarter of total energy output by 2030.
- Dependence on fossil fuels such as coal and natural gas means global carbon dioxide (CO2) emissions will rise to levels “well above” what science says is needed to avoid runaway climate change
- 28% increase in global CO2 emissions by 2030
Today’s graphic forecasts energy consumption by resources and region using data from the report: (more…)
Hydraulic fracturing, commonly known as fracking, is the creation of fractures in the rock formations in the earth using pressurized fluid generally for the purpose of extracting natural gas. Today’s graphic is an in depth look at how the fracking process works.
U.S. solar start-up SoloPower opened the doors to its first factory last week, a key step toward allowing the company to collect on a $197 million government loan guarantee. The pace of payments to clean energy companies with government loan guarantees has been slow and uneven. For a group of 19 projects receiving funding from the Treasury Department’s Federal Financing Bank, only 47%, or $4.9 billion has gone out the door. Today’s graphic shows the progress of the government program that gained notoriety from the Solyndra bankruptcy.
South Korean automaker Hyundai is betting that fuel-cell electric vehicles will be a more realistic future auto technology than pure battery electric cars as it aims to roll out the world’s first production FCEV at this week’s Paris auto show. Today’s graphic shows the projected total cost of ownership based on vehicle type. Which option do you think will be the most viable solution for the future of automobiles?
The first event that I attended at the Aspen Ideas Festival was titled “Exploring the Rational Middle: How Do We Stay There in the Natural Gas Debate?” The panel was a powerhouse of energy experts: Gregory Kallenberg, Alexis Karolides, Russ Ford, and Richard Newell, and moderated by Thomson Reuters Chrystia Freeland. The inspiration for the title of the session comes from The Rational Middle Energy Series, which is a series of short films created by the team that produced the acclaimed documentary, “Haynesville: A Nation’s Hunt for An Energy Future.” During the session, we previewed two of the series’ films, “What’s at Stake” and “The Great Transition”. They touched on subjects such as where American energy comes from, renewables and their miniscule representation of total energy consumption, how natural gas can play a role in renewable energy and how patience and innovation can make major changes in our energy future.
Although the title of the session mentioned natural gas, that topic wasn’t really discussed much until the end of the session. The beginning portion focused mainly on our current consumption environment and the role that renewable energy will play in the future. 2050 was the key year that kept coming up as a target date. Alexis Korolides talked about the importance of keeping consumption constant over the next 40 years. This could be done by increasing the use and efficiency of renewables. Richard Newell (described by the panel as an “energy stud”) and Russ Ford weren’t so optimistic about being able to eliminate our reliance on fossil fuels by 2050. But an interesting point that Newell made was (more…)
Population growth, urbanization and consumption are set to inflict irreversible damage on the planet, the UN said in its fifth Global Environment Outlook (GEO-5). The report, published two weeks ago, calls for urgent agreement on new green targets to save the environment. Today’s graphic shows some of the main findings of the report that was compiled by more than 600 experts.