Read the latest insights and analysis from the experts at Oil Change International.
And so the climate movement marches on. The last couple of months have been pretty amazing for those working towards a healthy climate future. The controversial Keystone XL pipeline is dead; Exxon is being investigated for lying about climate change; Shell and Statoil have pulled out of the Alaska Arctic, and Obama has cancelled further Arctic leases.
There was more good news from the Arctic yesterday, when Norwegian oil company Statoil announced it was “exiting” the region, following recent exploration results in neighbouring oil and gas leases.
In a major set-back for the oil giant, BP’s highly controversial application to drill in one of Australia’s last great wilderness areas, the Great Australian Bight, has been rejected for falling short of environmental standards.
As I pointed out last week, one of the ground-breaking developments in the lead up to the Paris climate talks later this month has been the announcement by the New York Attorney’s office that it was investigating Exxon for misleading the public and shareholders about climate change.
This year, G20 leaders reiterated their same tired commitment to end fossil fuel subsidies, for the seventh time in a row. It’s starting to ring hollow.
The proposed crude-by-rail terminals in the Pacific Northwest would cause climate disaster
Oil Change International and Overseas Development Institute released a new report today, ‘Empty Promises: G20 subsidies to oil, gas and coal production,' documenting government support from G20 countries to the fossil fuel industry.
Once again the veterans of the Exxon Valdez have been proved right, after their warnings about the use of toxic dispersants during the subsequent Deepwater Horizon oil spill look to have been vindicated by new academic research.
