The political and economic reverberations of last week’s Canadian court of appeal judgement against the controversial Northern Gateway pipeline are continuing.
In a stunning victory for First Nations and environmentalists, a Canadian court has overturned the approval of the highly controversial Northern Gateway pipeline in Canada.
The man who famously rebranded BP as “Beyond Petroleum” has re-entered the debate over climate and oil by warning that oil companies face bankruptcy if they do not address the risks of global warming.
Defying increasingly dire concerns about climate change and ongoing price volatility in the oil market, the dirty tar sands are set to increase production by a million barrels a day by 2025, a new report predicts.
There are a staggering amount of old and new wells with the potential to release methane. At least 3.5 million wells have been drilled in the US, with a quarter of those still active. Many old and new ones are leaking the potent greenhouse gas.