Arctic drilling ban reveals crucial difference between Obama and Trudeau on climate
The Obama and Trudeau announcement of an oil/gas development ban in Arctic/Atlantic waters was huge, but how each country explained it reveals a major rift.
Read the latest insights and analysis from the experts at Oil Change International.
The Obama and Trudeau announcement of an oil/gas development ban in Arctic/Atlantic waters was huge, but how each country explained it reveals a major rift.
Our research has found that the carbon budget will be exhausted with current development and some currently-operating fossil fuel projects will need to be retired early in order to have a good chance of staying below the 2C limit.
Seeds of resistance are spreading across the country, as landowners stand up for their land, their communities, and the climate.
We’ve long known that the oil and gas industry was buying politicians. The latest expose from the New York Times confirms it once again, and this time it is frackers in the lead.
It is increasingly being seen as America’s worst environmental disaster since BP's Deepwater Horizon blowout in 2010 and has led to thousands of people being evicted from their homes.
World Bank Group finance for projects that included fossil fuel exploration was highest in FY2013, at nearly $1 billion out of $2.7 billion total for fossil fuel projects in 2013.
As the West scrambles for a diplomatic solution to the crisis in Crimea, they know that as they try and negotiate with Russian President, Vladimir Putin, he holds one of the aces in the pack: Russian gas supplies to the west.
The letter, with 21 signatories, suggests that fracking can be done safely with proper regulation, and that the economic benefits of fracking up California outweigh the inherent risks to the environment of the extraction practice. But even a very quick analysis of the signatories and the arguments they put forward will show another story. In short, this letter from scientists was made possible by the oil industry.
In spite of a heightened institutional focus on combating climate change, the World Bank increased its lending for fossil fuels over the last year. Meanwhile, the World Bank also has a ways to go in terms of tackling its objective of supporting universal access to energy, as only 8 percent of the Bank’s energy portfolio last year targeted the world’s poorest.