That’s the question Sabrina Burns, a petroleum engineering student got from an Uber driver in 2018. She and some fellow students were headed to a petroleum industry banquet, and at the time it seemed a little silly. While many younger people questioned the wisdom of going into the oil industry, conventional wisdom held that the oil industry is a great career.
While students in other majors and other people she knew questioned the wisdom of being an oil major, her parents persuaded her to stick with the oil industry. Her father, who worked as a helicopter pilot, met a lot of successful women working as engineers on offshore oil rigs. On top of that, older generations probably have a harder time imagining a world in which the oil industry isn’t stable, lucrative, and essential to everyone’s lives.
2020 threw these older generations and any younger believers a curveball, though. “We got a slap in the face, an entirely unforeseen situation that rocked our entire mind-set,” said Ms. Burns when asked about her prospects by Clifford Krauss at The New York Times. “I have applied for every oil and gas position I’ve seen, like all my classmates, and nothing really has turned up. I’m discouraged.”
What was once seemingly invincible was now stumbling and couldn’t be counted on.
The biggest blow to graduating oil students was the sudden drop in oil demand due to the pandemic. Oil products like gasoline and jet fuel weren’t needed nearly as much because people worked from home, many businesses were closed, and travel was avoided. With all of this lost demand despite ample supplies, prices tanked.
With such low demand and low prices, the industry took a big hit. Over 100,000 people were laid off. Workers weren’t needed in the field to pump oil that wasn’t needed, and refineries were closed. Some oil companies even declared bankruptcy.
This stands in stark contrast to the better years, when these students started their college careers. The oil industry and the faculties of colleges felt they could promise great careers, with lots of job security and a good income. Under Donald Trump, shale drilling and “fracking” took off, and the United States became the world’s largest producer of oil. There had been booms and busts in the industry in the past, but those seemed to affect less educated field workers, and not people with engineering or geology degrees.
With these prospects gone, and future climate change issues seeming likely to hurt the industry even after the pandemic is over, oil students are looking at other options going forward. Sabrina Burns told The New York Times that she’s looking to intern in a related but different field, and that she may need to go back to school for a graduate degree in Environmental Science to have a better career. She is even considering moving in with family to make ends meet while recharting a new course for her career.
In the same article, Krauss goes on to interview a number of other students in the industry. Their stories are all pretty similar. Some expect the industry to bounce back, and are biding their time. Others are looking to take on a graduate degree while waiting, but are hedging their bets by majoring in something else for their master’s degrees.
One student actually landed a job, but the company is looking at diversifying to avoid future exposure to what could be a failing industry in future years. He is glad to have found a job, but worries that his education and skills he’s building won’t transfer well to other parts of the energy economy.
Some Things We Can Learn Here
Readers of CleanTechnica are probably having an “I told you so” moment reading this. People following the energy industry could see that renewables, battery storage, and other technologies aren’t competing with oil just yet, but have a much brighter future than oil, which isn’t growing. Oil is still big, though, and has a lot of inertia, so it’s not going away now or even in the next four years under Biden and then likely Harris.
What many (even among us) didn’t foresee was how oil’s newfound weakness would leave it more vulnerable to crises, like the one we currently face with COVID-19. Oil is weakening and growth has less potential than ever, but at the same time it wasn’t shrinking. A sudden jolt in demand for gasoline, jet fuel, and diesel hit them hard, though.
Few people fully avoided the impacts of the tsunami of COVID, but electricity is a lot more diversified. In my home, we use electricity for heating, cooling, and most of our driving. We use it for lighting, entertainment, cooking, and security. The cats and dog even have toys powered by electricity. When we turn on the tap, electric pumps somewhere else in town provide the pressure. LED street lamps light the street in front of our home.
Sure, I drive a lot less now not taking the kids to school, but our overall power bill didn’t take a huge drop.
On the other hand, our use of gasoline took a HUGE hit. In the last nine months, we’ve spent far less than $200 on the stuff. The occasional trip to the next town makes our Nissan LEAF struggle for range, and we’ve driven there on gasoline power only twice. The prior year, we probably did this dozens of times. Trips to see family, where we need to pile the whole family into the family SUV, are also a lot more rare. A tank of gas used to last one to two months in those vehicles, but now last three to four, if not more.
We don’t use gasoline for anything else, so oil companies are taking a much bigger hit than companies involved in electricity generation, whether they’re renewable or fossil fuel-powered. Even when fossil fuels are used to generate, very few power stations run on oil. Natural gas is far more common, and comes from a related but different industry than oil.
Another important lesson we can find here is that it’s wise to question the prevailing narrative. Yes, oil has been very strong in the past, but that doesn’t mean it will necessarily be strong in the future. No industry is a sure bet, but this was an area where generational bias caused parents to mislead their children into a bad career move.
This is no trivial thing. Most of the students will go on to find another career, and some will eventually succeed in oil as the pandemic ends. However, they’ll still have tens of thousands of dollars of debt that they wouldn’t have had, and a harder time servicing that debt than they would have had if their parents had been more forward looking.
Oil is Not Invincible
On the other hand, there’s a silver lining. Seeing oil stumble shows us that it’s not invincible. As Ivan Vanko in Iron Man 2 says, “If you could make God bleed, people would cease to believe in Him. There will be blood in the water, the sharks will come. All I have to do is sit back and watch as the world consumes you.”
If you don’t remember the film, Iron Man (a character partially modeled after Elon Musk) is at the top of the world and the top of his game, giving global leaders security with his unique Iron Man suit. He seemed invincible until someone with his father’s arc reactor technology attacks him, only narrowly losing the fight. Once he didn’t seem invincible, a variety of enemies emerged, including business competitors and government officials who wanted to take him down when he seemed weak.
A similar moment is happening with oil. It seemed like a god, but now it’s a god that failed. Its blood is in the water, and the sharks are definitely circling. It might sound too dramatic to use the imagery of sharks here, but imagine being a student $50,000 in debt with no job prospects. The fear is quite real for some.
Don’t assume that oil is some Goliath that can’t be beat. All it took was a rock in just the right place (COVID-19) to bring him down.
Jennifer Sensiba is a long time efficient vehicle enthusiast, writer, and photographer. She grew up around a transmission shop, and has been experimenting with vehicle efficiency since she was 16 and drove a Pontiac Fiero. She likes to explore the Southwest US with her partner, kids, and animals. Follow her on Twitter for her latest articles and other random things: https://twitter.com/JenniferSensiba
Do you think I’ve been helpful in your understanding of Tesla, clean energy, etc? Feel free to use my Tesla referral code to get yourself (and me) some small perks and discounts on their cars and solar products. https://www.tesla.com/referral/jennifer90562
A piece of News by Priya Shah come to add to the diverse and countless woes of the MENA region. The social media buzz reflecting the general sentiment that Government Corruption Leads to Youth Unemployment is more than skin deep. It is believed that the new vaccine might eradicate the pandemic and all fossil fuels usage but not cure the peculiar condition of most with prospects of lower quality life.
The MENA region where the UAE rated the least corrupt country, per Transparency International’s Corruption Perception Index (CPI) in 2019 happen to be the least populated areas where Government Corruption appears because of local Youth low levels of Unemployment.
However, in the same region, North African tend to be in the middle of the table with Morocco’s neighbours not precisely to be in a better situation with all current socio-economic upheavals mainly resulting through a generally spread corrupt system of governance.
Algeria and Egypt being notoriously at a much higher level, with Tunisia having the lowest level of corruption could be classed as the most socially street noisy that currently were joined by Iraq and Lebanon. Syria followed by Yemen score worse with significant decliners in corruption diversity.
In the Middle East, Government Corruption Leads to Youth Unemployment
The Middle East boasts one of the largest youth populations in the world. However, corruption and conflict, often instigated by Iran’s influence, have caused economic decline and rampant unemployment. Indeed, the spread of the COVID-19 pandemic has further compounded these problems. Since late 2019, anti-government protests have swept across Middle Eastern nations such as Iraq and Lebanon, seeking to eradicate their corrupt leaders and give rise to a new era of progress and prosperity in the region. However, for this to happen, these conflict-ridden nations must escape from Iran’s expansive influence and invest in economic and social development.
Corruption isn’t a new phenomenon in the Middle East, especially in Lebanon in Iraq, but the rise in anti-government sentiments shows that people have grown weary with their corrupt leaders. Indeed, the struggle to overcome their corrupt institutions and their legacies is proving to be a difficult task. According to Transparency International’s 2019 Global Corruption Barometer for the Middle East and North Africa, the Lebanese people demonstrated the highest perceptions and experiences of corruption out of the six countries evaluated. 89% of these individuals reported that corruption in government was particularly an issue in the country, and 68% believed that most or all government officials were involved in corrupt practices in some way. It is, therefore, no surprise that Lebanon scored a mere 28 out of 100 in the 2019 Corruption Perceptions Index, which assesses public sector corruption. Evidently, political corruption has gradually undermined citizens’ faith in the government, eroding the notion of administrative legitimacy.
Similarly, a comprehensive opinion poll conducted in 2019 found that 82% of Iraqis were concerned or very concerned about the role corruption played at the highest levels of government, and 83% believed that corruption in the country was worsening. While both Iraq and Lebanon have survived numerous conflicts over the years, corruption remains the primary threat to prosperity and stability in the nation.
Both Lebanon and Iraq have been the subject of violent conflicts and Iran’s meddling, exacerbating their stability. Over the past few decades, Iran has sought to expand its influence in the Middle East by embedding itself in domestic affairs, often through the use of proxies. To gain greater control, it utilizes corruption to establish an incentive for those in positions of power to follow the regime’s orders. This has proven beneficial for those in positions of power while leaving ordinary citizens behind. Today, the Ayatollahs have managed to establish a strong foothold of influence in nations like Lebanon, Palestine, Yemen, Syria, and Iraq, yielding greater instability throughout the already vulnerable region.
In Lebanon, Iran has established deep roots in the country’s political system through its proxy Hezbollah, a Shiite political party and military group that has been a significant facet of the Lebanese government since 1992. While Hezbollah remains a major fixture of the Lebanese political system today, its actions prove damaging to the country’s economy. The terrorist organization has adopted many of Tehran’s geopolitical policies, leaving the Lebanese suffering under the numerous sanction regimes, which have ruined the country’s already shaky economy.
In Iraq, Iran saw the apex of the Islamic State insurgency as a prime opportunity to insert itself into the country’s domestic affairs. By aligning itself with Kataib Hezbollah, an Iraqi Shia paramilitary organization that forms the backbone of the pro-Iran Popular Mobilization Units (PMU), it has been able to obtain significant control over Iraq’s political, cultural, and economic life. The Iranian regime has also been able to embed corrupt Iranian intelligence officers in cabinet and military level leadership positions in Iraq. Today, Kataib Hezbollah has been able to establish a sub-state in the country, which undermines the legitimacy of the legitimate state to advance Iranian interests and encourage corruption.
If Lebanon and Iraq maintain corrupt regimes and systems, they will not be able to rebuild their economies and offer valuable growth opportunities for their citizens. Indeed, corruption is a major obstacle to achieving economic growth and development. Corrupt regimes and practices negatively impact areas of commerce, the public sector, and daily life including investment protocols, taxation, public expenditure operations, access to and the quality of health and education services and human capital development and retention. This illicit activity also impacts the employment opportunities that are available to a country’s youth, who are usually the backbone of the workforce. Favoritism and bribes often form the pillar of recruitment processes rather than an equitable evaluation of skill sets. For a government to effectively undo the legacies of corruption, it must invest in social and economic development programs that emphasize education in important areas such as digital skills and English language skills. Without these qualifications, a labor force cannot be competitive in the global economic market.
Corruption remains rife in Lebanon and Iraq and it is time to usher in a new era, one that is free from corrupt regimes and their legacies. However, for these renewal efforts to be successful, both Lebanon and Iraq must work to eradicate Iran’s corrupt influence. The people need leaders who invest in the growth of their citizens and who will establish critical social and economic development programs, rather than advancing their own interests.
Forests and other ecosystems have been neglected in efforts to fight global warming, say officials and activists, calling for a joined-up approach to tackling biodiversity and climate crises.
BARCELONA, Dec 12 (Thomson Reuters Foundation) – Five years ago, when the Paris Agreement to tackle climate change was adopted, storing planet-warming carbon in ecosystems such as tropical forests, wetlands and coastal mangroves was not seen as a major part of the solution.
Now officials and environmentalists say goals to limit global temperature rise cannot be met without nature’s help.
Ahead of a U.N. “Climate Ambition Summit” to mark the fifth anniversary of the Paris accord on Saturday, held online due to the COVID-19 pandemic, they said threats to plants, wildlife, human health and the climate should be confronted together.
“It is time for nature to have a more prominent role in climate discussions and solutions,” said Brian O’Donnell, director of the Campaign for Nature, which works with scientists, indigenous people and conservation groups.
“Global leaders can no longer deal with the climate and biodiversity crises in isolation if we are to be successful in addressing either of them,” he added in a statement.
It noted scientific estimates that protecting the planet’s ecosystems could provide at least a third of the reductions in emissions needed by 2030 to meet the aims of the Paris pact.
Under that deal, nearly 200 countries agreed to limit the average rise in global temperatures to “well below” 2 degrees Celsius and ideally to 1.5C above preindustrial times.
But the Earth has already heated up by about 1.2C and is on track to warm by more than 3C by the end of the century, the United Nations said this week.
Understanding has accelerated in recent years about the crucial role ecosystems on land and sea play in absorbing carbon emitted by human activities – mainly from burning fossil fuels – and curbing potentially catastrophic planetary heating.
In 2019, a U.N. climate science report said the way the world manages land, and how food is produced and consumed, had to change to curb global warming – or food security, health and biodiversity would be at risk.
Zac Goldsmith, Britain’s minister for the international environment and climate, said nature had been “left behind” and life on the planet was being exhausted at a “terrifying speed”, as forests were cut down and seas polluted.
“We are denuding the world at a rate that would have seemed impossible to humans a century ago,” he told the Thomson Reuters Foundation.
As host of the next major U.N. climate negotiations in November 2021, in Glasgow, the British government has vowed to put protection for forests and natural systems firmly on the political agenda.
Goldsmith said the COP26 team was aiming to build a global coalition of governments and businesses committed to preventing deforestation in supply chains.
That follows a proposed new UK law requiring large companies to ensure the commodities they use – such as cocoa, rubber, soy and palm oil – are not linked to illegal forest clearing.
Britain also will push for countries to phase out close to $700 billion in annual subsidies worldwide for land use that harms the environment and degrades carbon-storing soils, such as intensive farming, he added.
That money could be redirected into efforts to safeguard ecosystems – something sorely needed as less than 3% of international climate finance from donor governments and development banks is spent on that purpose, Goldsmith said.
Financial markets, meanwhile, have yet to recognise the value of nature or the true cost of destroying it.
U.N. officials working on a new large-scale effort to channel payments to tropical countries and smaller jurisdictions that lock up carbon in rainforests hope to start turning that problem around by COP26.
Last month, they launched a “Green Gigaton Challenge” that aims to catalyse funding for 1 billion tonnes of high-quality emissions reductions a year by 2025 from forests in regions including the Amazon and Congo Basin.
Doing so would cut emissions by the equivalent of taking 80% of cars off American roads, according to the United Nations Environment Programme (UNEP).
Tim Christophersen, head of nature for climate at UNEP, said the initiative was spurred by surging business interest in forest protection as a growing number of large firms commit to cutting their emissions to net zero by mid-century or earlier.
That means companies such as Microsoft, Salesforce and Disney need to offset emissions they cannot eliminate themselves by paying to reduce them elsewhere, through projects such as restoring degraded forests.
Under the gigaton challenge, donor governments will invest public money to put a floor under the price per tonne of carbon stored – which could be about $10-$15 – aimed at rewarding successful nature protection efforts that companies will eventually pay even more to back.
Countries including Costa Rica and Chile have shown interest in participating, but deals have yet to be brokered between forest-nation governments and the private sector.
Over the past decade, U.N. agencies have worked to develop the basis for a robust market in forest carbon offsets – but without firm international rules, carbon prices have not risen high enough to provide an incentive to keep trees standing.
“There is a need for countries to see some sort of reward for results” at a price that makes protecting forests financially viable, said Gabriel Labbate, UNEP’s team leader for reducing emissions from deforestation and forest degradation (REDD+).
The United Nations and others are still waiting for governments to iron out differences over a system to use carbon credits to meet emissions reduction targets under the Paris pact.
Christophersen warned that companies – especially in the oil and gas industry – should not see supporting forest protection as an alternative to slashing their own emissions.
“Nature is not a substitute for emissions reductions in other areas, and in particular for getting off fossil fuels,” he said.
(Reporting by Megan Rowling @meganrowling; editing by Laurie Goering. Please credit the Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers the lives of people around the world who struggle to live freely or fairly. Visit http://news.trust.org/climate)
Drafted by representatives of diverse legal and cultural backgrounds from all regions of the world, the Declaration sets out universal values and a common standard of achievement for all peoples and all nations. It establishes the equal dignity and worth of every person. Thanks to the Declaration, and States’ commitments to its principles, the dignity of millions has been uplifted and the foundation for a more just world has been laid. While its promise is yet to be fully realized, the very fact that it has stood the test of time is testament to the enduring universality of its perennial values of equality, justice and human dignity.
The Universal Declaration of Human Rights empowers us all. The principles enshrined in the Declaration are as relevant today as they were in 1948. We need to stand up for our own rights and those of others. We can take action in our own daily lives, to uphold the rights that protect us all and thereby promote the kinship of all human beings.
Hard work in completing scientific research and reaching creative solutions using the Young Scientists Center’s latest technologies resulted in Qatar University bags six prizes at global innovation contest. It is told in The Peninsula of 7 December 2020.
The Qatari pride was expressly reconfirmed in the country’s continuous support to all leaders of development and pioneers of the knowledge-based economy to fulfil Qatar National Vision 2030.
Doha: Four distinguished scientific projects of Qatar University’s (QU) Young Scientists Center (YSC) won six international prizes at the International Invention, Innovation & Technology Exhibition in Malaysia (ITEX).
The event was organised in cooperation with the International Federation of Inventors’ Associations and the Institute of Engineering and Technology. This achievement, which represents the State of Qatar and QU, was achieved in a strong competition that included 250 entries.
ITEX is an international competition held online this year, which targets school students and university students. This competition has several rules and guidelines that determine the type of projects that are qualified and the categories in which they can participate and compete. The exhibition provides a unique opportunity for all participating inventors to gain recognition for their inventions and showcase their innovative projects, and compete globally through the platform that it provides to them. Four groups of students affiliated with the centre’s programmes participated in projects developed at Qatar University laboratories using the latest equipment and research methods.
Sarah Al Obaidly, a student at the College of Engineering, and Maryam Al Kuwari, a student in the College of Arts and Sciences at Qatar University, affiliated with the ‘I am a Researcher’ programme, won the gold medal and an award in the “Top Three of Excellence” category, for a project titled “Functionalized polymer membrane for wastewater treatment, whose importance lies in purifying water from impurities.”
High school students Tamim Al Rashed and Youssef Al Mahmoud from Qatar Banking Studies and Business Administration school won the gold medal for a hydrogel sensor for agricultural applications that aims to improve soil properties and fertility.
Abdullah Al Janahi and Abdullah Al Nasr, Qatar Science and Technology school students, won the gold medal for a project entitled Intelligent and Robust Composite Nanofibers for the Autonomy of Electronic Devices.
As for the preparatory stage, Ahmed Majed and Ahmed Salama from Al Kaaban preparatory school for boys won a bronze medal and an award in the “Top Three of Excellence” category for a project titled ‘COVID-19 pandemic inspired at home innovation: Through an unconventional remote educational model executed by the Qatar University Young Scientists Center’. This project demonstrates the novel and effective educational methods applied by the centre to face the challenges of distance learning and to ensure students learn in a way that stimulates creativity and innovation.
The students’ outstanding success was pleasing to the sponsoring programme of the centre, “Ras Laffan Industrial City Community Outreach Program”. Their pride was expressed in the outcomes of hard work in completing scientific research and reaching creative solutions using the Young Scientists Center’s latest technologies at Qatar University. The programme affirmed its continuous support to all students to become the leaders of development in the country and pioneers of the knowledge-based economy to fulfil Qatar National Vision 2030.
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