Ecocharger + 1,480 DL February 18, 2022 7 hours ago, Jay McKinsey said: China's Jan wholesale sales of passenger NEVs at 412,000 units, up 140% year-on-year https://cnevpost.com/2022/02/14/chinas-jan-wholesale-sales-of-passenger-nevs-at-412000-units-up-140-year-on-year/#:~:text=The penetration rate of NEVs,from 22.6 percent in December. Still a tiny pin-prick of the total market. Quote Share this post Link to post Share on other sites
Ecocharger + 1,480 DL February 18, 2022 (edited) Here is where the Green Madness being espoused by Biden & Co. is leading us, straight into a drastic reduction of our standard of living. The real crisis is not fossil fuels, but the destruction of living standards. https://oilprice.com/Energy/Energy-General/Supply-Shortages-Are-Wreaking-Havoc-On-The-Energy-Industry.html "Rystad Energy said that spot prices for quality frac sand are now between $50 and $70 a ton, 2 to 3 times the price drillers were paying in 2021. Rystad Researcher Artem Abramov speculated that tight supplies will probably push sand prices higher in the coming weeks and months. Rising oil prices have led many, including the U.S. Energy Information Administration (EIA), to predict that the U.S. industry will be able to grow domestic oil production by as much as 1 million barrels per day during 2021. But a shortage of frac sand, if it lingers, would likely put a damper on such speculation. The U.S. is, along with Saudi Arabia and the United Arab Emirates, one of a handful of big oil-producing nations with current capacity to significantly grow production in the face of exploding oil demand. If its future growth were to be limited by a shortage of frac sand, among other limiters like ESG investors and the Biden administration’s efforts, it would have global consequences. The growing shortages of all these commodities, whether they be fossil fuels or key minerals needed to facilitate the expansion of renewables and electric vehicles, threaten to interrupt the advance of the global agenda surrounding the “energy transition.” The simple reality is that the production of wind towers, solar panels, and EVs consumes a vast amount of energy generated by coal and natural gas. The world today cannot produce adequate supplies of one without having plentiful and affordable supplies of the other. Unfortunately, it is a reality that proponents of the transition have failed to adequately consider as they have worked so hard to constrain those fossil fuel industries in recent years. That failure to properly plan is one of the main reasons why the world has suffered such a staggering rise in energy costs over the past year. These higher, increasingly punitive costs for energy took years to form, and they will take years to resolve if indeed any such resolution is to be had. In the meantime, consumers will pay the price for all the ill-considered decisions their policymakers have made on their behalf." Thank you, Mr. President! Edited February 18, 2022 by Ecocharger Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 February 18, 2022 (edited) 26 minutes ago, Ecocharger said: Still a tiny pin-prick of the total market. Are you sure about that? It puts China on track to buy enough NEV to make up almost 3% of their total vehicle stock just this year. Last year they bought enough NEV to make up over 1% of their total vehicle stock. And China has the largest vehicle stock in the world. Edited February 18, 2022 by Jay McKinsey Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 February 18, 2022 Will the EU regress into the Dark Age once again. Not only threatened with armed conflict they are no longer able to power a continent. European Energy Markets As French Nuclear Generation Drops By Tsvetana Paraskova - Feb 17, 2022 There may be no end in sight for the European power crunch this year, even after the winter season ends. Low nuclear power generation in France, a major producer and exporter of nuclear-powered electricity in Europe, could send power prices on the continent higher in the spring. France gets more than 70 percent of its total electricity from nuclear power generation and is a major exporter of electricity, including to the UK. 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 February 18, 2022 On 2/16/2022 at 8:38 AM, Eyes Wide Open said: Odd all this talk of used cars, I took the time to look into the US market. The US used car market is in shambles, most of the market is high mile junk. Junk defined as 200k, powetrains are virtually worn out. What once was s 1000 dollar pile of bones is now a 6000 prize 50,000 mile cars are have hyper inflated almost 5/7 k above a normalized market, things will only get worse. New car inventories? There are none, th re existing dealer body's will soon begin rationing there new car inventories, meaning stand in line and take a number..only the best need to apply If the above sounds incredulously insane, shortly it will begin to make headline news What is occurring is incredible, labor rates now begin at 100 a hour,parts distribution chains are breaking down. The US is in a real mess, over old chip tech supply in Taiwan? One can't make this up, things of this nature just do not happen Here it comes, mean while GM and Ford Elite are chasing EV theory....for now. Used car prices surging in 2022: Market ‘absolutely nothing’ like we’ve seen before, expert says The car value expert reacted to the recent U.S. Department of Labor statistics which revealed that used car prices are up nearly 40% from last year. New cars are also up 12%. "Nothing, absolutely nothing compares to what we're seeing in today's market," Drury said. https://www.foxbusiness.com/markets/used-car-prices-surging-market-nothing-like-weve-seen-before-edmunds 1 Quote Share this post Link to post Share on other sites
Boat + 1,324 RG February 18, 2022 (edited) 14 hours ago, Ecocharger said: Here is where the Green Madness being espoused by Biden & Co. is leading us, straight into a drastic reduction of our standard of living. The real crisis is not fossil fuels, but the destruction of living standards. https://oilprice.com/Energy/Energy-General/Supply-Shortages-Are-Wreaking-Havoc-On-The-Energy-Industry.html "Rystad Energy said that spot prices for quality frac sand are now between $50 and $70 a ton, 2 to 3 times the price drillers were paying in 2021. Rystad Researcher Artem Abramov speculated that tight supplies will probably push sand prices higher in the coming weeks and months. Rising oil prices have led many, including the U.S. Energy Information Administration (EIA), to predict that the U.S. industry will be able to grow domestic oil production by as much as 1 million barrels per day during 2021. But a shortage of frac sand, if it lingers, would likely put a damper on such speculation. The U.S. is, along with Saudi Arabia and the United Arab Emirates, one of a handful of big oil-producing nations with current capacity to significantly grow production in the face of exploding oil demand. If its future growth were to be limited by a shortage of frac sand, among other limiters like ESG investors and the Biden administration’s efforts, it would have global consequences. The growing shortages of all these commodities, whether they be fossil fuels or key minerals needed to facilitate the expansion of renewables and electric vehicles, threaten to interrupt the advance of the global agenda surrounding the “energy transition.” The simple reality is that the production of wind towers, solar panels, and EVs consumes a vast amount of energy generated by coal and natural gas. The world today cannot produce adequate supplies of one without having plentiful and affordable supplies of the other. Unfortunately, it is a reality that proponents of the transition have failed to adequately consider as they have worked so hard to constrain those fossil fuel industries in recent years. That failure to properly plan is one of the main reasons why the world has suffered such a staggering rise in energy costs over the past year. These higher, increasingly punitive costs for energy took years to form, and they will take years to resolve if indeed any such resolution is to be had. In the meantime, consumers will pay the price for all the ill-considered decisions their policymakers have made on their behalf." Thank you, Mr. President! All these resource problems will not be resolved by Biden. Lol How about paying children not to get pregnant. Seems like smaller populations might decrease the need for a variety of products/all products. Could we at least not reward humans for having children. Bringing oil in from Canada and selling it to Brazil won’t buy fracking sand. How about not flaring and saving some sand. Save some lung damage to boot. Edited February 18, 2022 by Boat 1 Quote Share this post Link to post Share on other sites
Boat + 1,324 RG February 18, 2022 17 minutes ago, Boat said: All these resource problems will not be resolved by Biden. Lol How about paying children not to get pregnant. Seems like smaller populations might decrease the need for a variety of products. Could we at least not reward humans for having children. Bringing oil in from Canada and selling it to Brazil won’t buy fracking sand. How about not flaring and saving some sand. Save some lung damage to boot. Todays challenge is changing supply chains to avoid countries like Russia and China. If international corporations don’t cooperate/isolate. We might wrest some power from these oligarchs yet. Meanwhile Putin continues to play war games further cementing his country as an unreliable supply source for any product. Let’s help him by isolating him. Quote Share this post Link to post Share on other sites
Ecocharger + 1,480 DL February 19, 2022 On 2/18/2022 at 12:48 AM, Jay McKinsey said: Are you sure about that? It puts China on track to buy enough NEV to make up almost 3% of their total vehicle stock just this year. Last year they bought enough NEV to make up over 1% of their total vehicle stock. And China has the largest vehicle stock in the world. Define "vehicle stock". All estimates for EVs in China I have seen put the percentage at less than 1%. Quote Share this post Link to post Share on other sites
Ecocharger + 1,480 DL February 19, 2022 (edited) The oil industry is not responding to higher prices with more product, and this will continue. https://oilprice.com/Energy/Energy-General/Not-Even-200-Oil-Will-Make-Shale-Giants-Drill-Aggressively.html "Whether it's $150 oil, $200 oil, or $100 oil, we're not going to change our growth plans," Pioneer Natural Resources' chief executive Scott Sheffield told Bloomberg Television in an interview. "If the president wants us to grow, I just don't think the industry can grow anyway," Sheffield added. The capital discipline from the public independents in the U.S. shale patch doesn't bode well for U.S. gasoline prices and for President Biden's approval ratings. Yet, companies like Pioneer Natural Resources, Continental Resources, and Devon Energy are keeping discipline and plan to grow production by no more than 5 percent annually. "We project generating flat to 5% annual production growth over the next five years as we have previously noted," Continental Resources CEO Bill Berry said on the Q4 earnings call this week. Sheffield said on Pioneer's call, referring to production growth: "Long term, we're still in that 0% to 5%. It's going to vary. We're not going to change, as I said, at $100 oil, $150 oil, we're not going to change our growth rate. We think it's important to return cash back to the shareholders." "In regard to the industry, it's been interesting watching some of the announcements so far, the public independents are staying in line. I'm confident they will continue to stay in line," Sheffield said. The private independents, those that have announced growth rates in the 15-25 percent per year range, are unlikely to be able to continue to grow at these rates, or "they will significantly reduce their inventory fairly quickly," he added." Edited February 19, 2022 by Ecocharger Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 February 19, 2022 (edited) 11 hours ago, Ecocharger said: Define "vehicle stock". All estimates for EVs in China I have seen put the percentage at less than 1%. Your estimates are old and you ignore all the EV growth. China has the largest fleet of motor vehicles in the world in 2021, with 302 million cars https://en.wikipedia.org/wiki/List_of_countries_by_vehicles_per_capita Last year NEV sales were 3,334,000 or 1.1% of cars in the country. http://en.caam.org.cn/Index/show/catid/54/id/1656.html The number of new energy cars registered in China reached 7.84 million in 2021, up more than 59 percent year-on-year, data from the Ministry of Public Security showed on Jan 11. The figure represents 2.6 percent of the total number of cars in the country, said the ministry, http://english.www.gov.cn/archive/statistics/202201/11/content_WS61dd6db2c6d09c94e48a375b.html Edited February 19, 2022 by Jay McKinsey Quote Share this post Link to post Share on other sites
notsonice + 1,262 DM February 19, 2022 On 2/17/2022 at 10:32 PM, Ecocharger said: Still a tiny pin-prick of the total market. Rome was not built in a day....Ev's production and sales are increasing at double digit rates ....overall vehicle production is not........2030 ???EVs will outsell ICE vehicles at the rates that EV production and sales are increasing....Enjoy the thought Quote Share this post Link to post Share on other sites
notsonice + 1,262 DM February 19, 2022 10 hours ago, Ecocharger said: The oil industry is not responding to higher prices with more product, and this will continue. https://oilprice.com/Energy/Energy-General/Not-Even-200-Oil-Will-Make-Shale-Giants-Drill-Aggressively.html "Whether it's $150 oil, $200 oil, or $100 oil, we're not going to change our growth plans," Pioneer Natural Resources' chief executive Scott Sheffield told Bloomberg Television in an interview. "If the president wants us to grow, I just don't think the industry can grow anyway," Sheffield added. The capital discipline from the public independents in the U.S. shale patch doesn't bode well for U.S. gasoline prices and for President Biden's approval ratings. Yet, companies like Pioneer Natural Resources, Continental Resources, and Devon Energy are keeping discipline and plan to grow production by no more than 5 percent annually. "We project generating flat to 5% annual production growth over the next five years as we have previously noted," Continental Resources CEO Bill Berry said on the Q4 earnings call this week. Sheffield said on Pioneer's call, referring to production growth: "Long term, we're still in that 0% to 5%. It's going to vary. We're not going to change, as I said, at $100 oil, $150 oil, we're not going to change our growth rate. We think it's important to return cash back to the shareholders." "In regard to the industry, it's been interesting watching some of the announcements so far, the public independents are staying in line. I'm confident they will continue to stay in line," Sheffield said. The private independents, those that have announced growth rates in the 15-25 percent per year range, are unlikely to be able to continue to grow at these rates, or "they will significantly reduce their inventory fairly quickly," he added." $150 oil, $200 oil, or $100 oil......will kill ICE vehicle sales in the long run....Scraping ICE vehicles will be the rule in 2030 at $$150 oil, $200 oil, or $100 oil 2 Quote Share this post Link to post Share on other sites
Boat + 1,324 RG February 19, 2022 11 hours ago, Ecocharger said: The oil industry is not responding to higher prices with more product, and this will continue. https://oilprice.com/Energy/Energy-General/Not-Even-200-Oil-Will-Make-Shale-Giants-Drill-Aggressively.html "Whether it's $150 oil, $200 oil, or $100 oil, we're not going to change our growth plans," Pioneer Natural Resources' chief executive Scott Sheffield told Bloomberg Television in an interview. "If the president wants us to grow, I just don't think the industry can grow anyway," Sheffield added. The capital discipline from the public independents in the U.S. shale patch doesn't bode well for U.S. gasoline prices and for President Biden's approval ratings. Yet, companies like Pioneer Natural Resources, Continental Resources, and Devon Energy are keeping discipline and plan to grow production by no more than 5 percent annually. "We project generating flat to 5% annual production growth over the next five years as we have previously noted," Continental Resources CEO Bill Berry said on the Q4 earnings call this week. Sheffield said on Pioneer's call, referring to production growth: "Long term, we're still in that 0% to 5%. It's going to vary. We're not going to change, as I said, at $100 oil, $150 oil, we're not going to change our growth rate. We think it's important to return cash back to the shareholders." "In regard to the industry, it's been interesting watching some of the announcements so far, the public independents are staying in line. I'm confident they will continue to stay in line," Sheffield said. The private independents, those that have announced growth rates in the 15-25 percent per year range, are unlikely to be able to continue to grow at these rates, or "they will significantly reduce their inventory fairly quickly," he added." Yes we know all about Russia and OPEC raising production slower than demand going up. Them US fracking oil giants continue to add drilling crews but more importantly completion crews. I think 7 just this weak. The amount of nat gas exported continues to grow as well. The powerhouse that is the US continues to flex her muscle. All under Biden’s watch of course. Imagine how that works when the Dems rule. Quote Share this post Link to post Share on other sites
Boat + 1,324 RG February 19, 2022 The addition of fracking crews was a complete surprise considering the reported lack of fracking sand? Must have been more Putin disinformation. Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP February 21, 2022 Electric car prices could be about to plummet – here's why https://news.sky.com/story/electric-car-prices-are-about-to-plummet-heres-why-12536407 Quote Share this post Link to post Share on other sites
Eric Gagen + 713 February 21, 2022 On 2/19/2022 at 1:13 PM, Boat said: The addition of fracking crews was a complete surprise considering the reported lack of fracking sand? Must have been more Putin disinformation. There's no lack of frac sand. The article talking about it said there COULD be a lack in the future if trends continue. It's not a current problem, and it's unlikely to be one any time soon. There are plenty of sand mines and equipment to operate them, and they were all running at a much higher capacity than they are now 2 years ago. They will have to hire people to restore that production, and it will cost money, contributing to our inflationary environment but it will happen. Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP February 21, 2022 Britain’s gas grid to be ready to deliver hydrogen across the country from 2023, energy networks announce https://www.energynetworks.org/newsroom/britains-gas-grid-ready-to-deliver-hydrogen-across-the-country-from-2023-energy-networks-announce Quote Share this post Link to post Share on other sites
Ecocharger + 1,480 DL February 21, 2022 On 2/19/2022 at 12:30 PM, Jay McKinsey said: Your estimates are old and you ignore all the EV growth. China has the largest fleet of motor vehicles in the world in 2021, with 302 million cars https://en.wikipedia.org/wiki/List_of_countries_by_vehicles_per_capita Last year NEV sales were 3,334,000 or 1.1% of cars in the country. http://en.caam.org.cn/Index/show/catid/54/id/1656.html The number of new energy cars registered in China reached 7.84 million in 2021, up more than 59 percent year-on-year, data from the Ministry of Public Security showed on Jan 11. The figure represents 2.6 percent of the total number of cars in the country, said the ministry, http://english.www.gov.cn/archive/statistics/202201/11/content_WS61dd6db2c6d09c94e48a375b.html NEV? That includes fossil fuel vehicles, right? Quote Share this post Link to post Share on other sites
Ecocharger + 1,480 DL February 21, 2022 (edited) On 2/19/2022 at 2:09 PM, Boat said: Yes we know all about Russia and OPEC raising production slower than demand going up. Them US fracking oil giants continue to add drilling crews but more importantly completion crews. I think 7 just this weak. The amount of nat gas exported continues to grow as well. The powerhouse that is the US continues to flex her muscle. All under Biden’s watch of course. Imagine how that works when the Dems rule. Your predictions are wobbly and weak, read this, https://oilprice.com/Energy/Energy-General/Oil-Prices-Will-Hit-100-And-Stay-There-Vitol-CEO.html "The Chief executive of Vitol expects oil prices to climb to $100 and remain at that level for an extended period of time. This bullish prediction is driven by a belief that global demand will surge in the second half of the year and could surpass 100 million barrels per day. On the supply side, it is the fear of shrinking spare production capacity and restraint from U.S. shale that is driving oil prices higher." Edited February 21, 2022 by Ecocharger 1 Quote Share this post Link to post Share on other sites
Boat + 1,324 RG February 21, 2022 9 minutes ago, Ecocharger said: Your predictions are wobbly and weak, read this, https://oilprice.com/Energy/Energy-General/Oil-Prices-Will-Hit-100-And-Stay-There-Vitol-CEO.html "The Chief executive of Vitol expects oil prices to climb to $100 and remain at that level for an extended period of time. This bullish prediction is driven by a belief that global demand will surge in the second half of the year and could surpass 100 million barrels per day. On the supply side, it is the fear of shrinking spare production capacity and restraint from U.S. shale that is driving oil prices higher." The lack of production by Russia and OPEC is planned and Political. It is not a lack of capacity. They have millions of barrels per day to break even with pre COVID. They are not starving the market but they have drained world storage to a little below the moving 5 year average range. I think that’s about 16 mbpd below average. This site should show 5 year moving averages for world consumption, production and storage. If you show the last 5 years by year also you get a nice history at a glance. This would work with all energy related products. Call it the OilPrice app of Moving five year averages. I’ll give you $5 per year. Primary Vision Network has a stream on YouTube about energy. They have a few 5 year moving average charts. They even chart moving storage. Tanks vrs tanker ships. Wouldn’t it be great to get 5 year moving averages net imports, net exports, by country, by product. The EIA and the IEA would be easier to look up stuff. It’s 2022 folks. It shouldn’t be that hard. Hire somebody woke. Quote Share this post Link to post Share on other sites
notsonice + 1,262 DM February 21, 2022 (edited) 1 hour ago, Ecocharger said: Your predictions are wobbly and weak, read this, https://oilprice.com/Energy/Energy-General/Oil-Prices-Will-Hit-100-And-Stay-There-Vitol-CEO.html "The Chief executive of Vitol expects oil prices to climb to $100 and remain at that level for an extended period of time. This bullish prediction is driven by a belief that global demand will surge in the second half of the year and could surpass 100 million barrels per day. On the supply side, it is the fear of shrinking spare production capacity and restraint from U.S. shale that is driving oil prices higher." you make a great argument to buy an EV or a hybrid with your $100 oil and supply side shrinking.....If gas is $5 a gallon then charge up your hybrid every night and avoid that nasty expensive gas...Win Win Win for the renewables Edited February 21, 2022 by notsonice Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 February 21, 2022 (edited) 6 hours ago, Ecocharger said: NEV? That includes fossil fuel vehicles, right? NEV = PHEV, BEV and FCEV BEV = 80% of NEV PHEV = 20% FCEV = 0% Edited February 22, 2022 by Jay McKinsey Quote Share this post Link to post Share on other sites
Eric Gagen + 713 February 21, 2022 1 hour ago, Boat said: The lack of production by Russia and OPEC is planned and Political. It is not a lack of capacity. They have millions of barrels per day to break even with pre COVID. They are not starving the market but they have drained world storage to a little below the moving 5 year average range. I think that’s about 16 mbpd below average. This site should show 5 year moving averages for world consumption, production and storage. If you show the last 5 years by year also you get a nice history at a glance. This would work with all energy related products. Call it the OilPrice app of Moving five year averages. I’ll give you $5 per year. Primary Vision Network has a stream on YouTube about energy. They have a few 5 year moving average charts. They even chart moving storage. Tanks vrs tanker ships. Wouldn’t it be great to get 5 year moving averages net imports, net exports, by country, by product. The EIA and the IEA would be easier to look up stuff. It’s 2022 folks. It shouldn’t be that hard. Hire somebody woke. I tend to believe this to a degree, but honestly if you look at the number of rigs working, and the size and number of new contracts being signed with oilfield service companies in OPEC, it's pretty clear that at least in the short term they do NOT have the reserve capacity required to simply 'open the taps' the way they might have been able to in past decades. Most of the fields and wells in OPEC are not 'new' any longer - they take work to get into condition to produce, and work to keep them there, and continuous money and investment to prevent drops in production. Can they get production back up to where it was in 2019? Sure - given a year or two of effort, and a free hand to spend money on it instead of on social welfare programs. Will that happen? Maybe, maybe not. 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,480 DL February 24, 2022 On 2/21/2022 at 1:50 PM, Boat said: The lack of production by Russia and OPEC is planned and Political. It is not a lack of capacity. They have millions of barrels per day to break even with pre COVID. They are not starving the market but they have drained world storage to a little below the moving 5 year average range. I think that’s about 16 mbpd below average. This site should show 5 year moving averages for world consumption, production and storage. If you show the last 5 years by year also you get a nice history at a glance. This would work with all energy related products. Call it the OilPrice app of Moving five year averages. I’ll give you $5 per year. Primary Vision Network has a stream on YouTube about energy. They have a few 5 year moving average charts. They even chart moving storage. Tanks vrs tanker ships. Wouldn’t it be great to get 5 year moving averages net imports, net exports, by country, by product. The EIA and the IEA would be easier to look up stuff. It’s 2022 folks. It shouldn’t be that hard. Hire somebody woke. Okay, run out there on the field with a white flag and stop the war! Persuade the oil producers to ignore the European Commission's new ESG rules and ramp up oil production, put the squeeze on those EU blowhards. Let me know how you make out with this assignment. Quote Share this post Link to post Share on other sites
Ecocharger + 1,480 DL February 24, 2022 (edited) The European Commission is determined to sink the economy and declare war on 85% of fuel supplies! This is no joke. The nut cases have taken over the steering wheel. They want to stand up for "human rights"? What about the cobalt mines with forced child labor? Shutting them down will stop EV production. https://oilprice.com/Latest-Energy-News/World-News/EU-Proposes-New-Law-To-Make-Sure-Suppliers-Comply-With-ESG-Standards.html "Under the proposed Directive on corporate sustainability due diligence, all EU limited liability companies of substantial size and economic power, that is over 500 employees and over $170 million (150 million euro) in net turnover worldwide, will have to perform due diligence annually to make sure their suppliers do not harm the environment or use child or forced labor. Another group of companies, with over 250 employees and more than $45 million (40 million euro) of turnover, operating in defined high-impact sectors such as textiles, agriculture, and extraction of minerals, will also have to carry out such due diligence. The proposal will not affect 99 percent of EU’s companies, but will impact around 13,000 large and high-impact EU firms and some 4,000 non-EU firms with operations in the European Union. “Companies have a corporate due diligence duty to identify, bring to an end, prevent, mitigate and account for negative human rights and environmental impacts in their own operations, subsidiaries and value chains. In addition, certain large companies need to have a plan to ensure that their business strategy is compatible with limiting global warming to 1.5 °C in line with the Paris Agreement. Directors are incentivised to contribute to sustainability and climate change mitigation goals,” the European Commission said. “With these rules, we want to stand up for human rights and lead the green transition,” EU Commissioner for Justice Didier Reynders said in a statement." Edited February 24, 2022 by Ecocharger Quote Share this post Link to post Share on other sites