New White House policy admits social cost of carbon higher than they thought
The official policy of the Obama administration now asserts that the social cost of carbon emissions to society are 60% higher than they previously estimated.
Read the latest insights and analysis from the experts at Oil Change International.
The official policy of the Obama administration now asserts that the social cost of carbon emissions to society are 60% higher than they previously estimated.
The hype surrounding Britain’s impending fracking boom reached near fever pitch yesterday as one of the UK’s leading fracking companies vastly increased the estimate of its potential reserves.
The government of British Colombia has officially expressed its opposition to Enbridge’s controversial $6 billion Northern Gateway pipeline project, saying it fails to address the province's environmental concerns.
According to a report released yesterday, saying ‘No’ to KXL could put a massive $9-billion of tar sands investment at risk over the next seven years.
As a new report is published arguing that Britain's shale gas could become the "new North Sea", critics argue it is “wildly optimistic”, based on “mind-boggling” forecasts and “hopelessly misleading estimates of gas extraction.”
Shell was challenged at its AGM by Indigenous activists over the tar sands and Arctic drilling
A member of the Canadian Parliament has said he wants an investigation into a three-story mound of petcoke piling up near the Marathon refinery along the Detroit River.
One of the world’s leading climate scientists Dr James Hansen has warned British MPs that exploiting the tar sands and oil shale would make the problem of climate change “unsolvable”.
The U.S. oil boom is a clear threat to the tar sands market in the Gulf Coast. The State Department failed to acknowledge this in the SEIS.
Last week we reached an unwelcome milestone which should send alarm bells ringing in every capital across the globe.