Read the latest insights and analysis from the experts at Oil Change International.
Days after Justin Trudeau blew an estimated $15 billion of hard earnt Canadian tax payers money on Kinder Morgan’s Trans Mountain pipeline, scientists are warning just how financially and ecologically stupid and short-sighted the investment was.
Trudeau may finally reveal today the true extent of the stranglehold that Canada’s oil and gas industry has over his government.
President Trump’s proposed $4.4 trillion budget, unveiled yesterday, has been widely criticised by media commentators, politicians and civil society groups for vastly increasing military spending and proposing deep cuts to domestic programs such environmental protection and Medicare as well as foreign aid programs.
A study published today, by a group led by the International Institute for Applied Systems Analysis (IIASA), indicates that eliminating fossil fuel subsidies could curb global greenhouse gas emissions by as much as 5% through 2030 while saving hundreds of billions of dollars in public money. Despite this seemingly good news, the framing of the study was strangely downbeat, casting these reductions as “only a small effect on CO2 emissions.” What we know from reading the actual findings of this study, as well as several other analyses of the climate impacts of fossil fuel subsidy removal, is that nixing oil, gas, and coal subsidies would be a big win for the climate, would saves money, and could free up resources to help the poorest and most vulnerable.
One year into Donald Trump’s presidency and the chaotic vortex is as dysfunctional as ever.
The Republican assault on hard-working American families and the environment reached an unprecedented level late on Friday night
The former Federal Emergency Management Agency chief, Craig Fugate, has told the Trump Administration “You have to look at climate change science if you want smarter disaster relief.”
Acknowledging the obvious fact that our future cannot be fossil fueled begins the game that will only be truly won when our public policies, our laws, our governments, and our social norms fully incorporate this truth.
