Read the latest insights and analysis from the experts at Oil Change International.
The oil barons from Exxon will wake up to a double headache this morning. The carnage on the international oil markets is playing havoc with their share price. Yesterday afternoon the company’s stock was down nearly 5 per cent as the oil price continued its free-fall.
Well we will have to wait for another day and another trial for an American jury to rule on the “necessity defence” for direct action to prevent climate change.
Every day, it seems, brings more bad news for the fossil fuel industry. The week started badly with the news that they US coal giant Arch Coal, which owns the world’s biggest coal-mining complex, was filing for bankruptcy.
History will be made later today in an unassuming grey court room in Snohomish county in Washington State, when five activists – known as the Delta 5 - who blocked an explosive crude by rail train last year, will argue that their actions were justified by the threat of climate change.
Not long into the New Year and already a new warning about climate change and rising sea levels.
As the British Parliament winds down for the festive Christmas season, the Government has been accused of trying to "bury bad news" and hide a raft of unpopular policies, some of which have a huge impact on its commitments to climate change.
In which we demonstrate that dismissing the climate impact of lifting the crude oil export ban is wrong.
When he concluded his speech at the start of the recent UN climate change summit in Paris, the British Prime Minister, David Cameron said: “Instead of making excuses tomorrow to our children and grandchildren, we should be taking action against climate change today.”
In the end, after two weeks of tortuous and exhausting negotiations in Paris, the UN agreement on climate reached on Saturday has been hailed as “historic, durable and ambitious”.
