Read the latest insights and analysis from the experts at Oil Change International.
For once the words of a politician were extremely bold and clear. The warning was brutally stark. In a keynote speech on climate change in Indonesia, Secretary of State, John Kerry, likened global warming to a weapon of mass destruction and dismissed climate sceptics as members of the “Flat Earth Society”.
Over the last few years an increasing number of influential investors, climate scientists, analysts and activists have been arguing that we cannot afford to burn all the fossil fuel reserves due to climate change.
After spending $ 5 billion on a fruitless and damaging Arctic drilling campaign, Shell has admitted defeat by suspending its plans to drill in the Arctic this summer.
Instead of the rousing call to action on the greatest challenge of our generation that it could have been, what this speech will be remembered for is the President's defense of disastrous energy policy that is doomed to fail.
This is the scientific paper that should stop all Arctic drilling now. It should also stop the controversial Keystone XL pipeline. It is yet another warning that business as usual for the oil industry is just not acceptable.
The Reuters news agency is reporting that Canada is running out of time to offer President Barack Obama some kind of concession on climate change that might allow Obama to approve the controversial Keystone XL (KXL) pipeline
The Canadian Museum of Civilisation has announced it is “proud” to have struck a sponsorship deal with the tar sands lobby group, CAPP.
Newly released documents suggest that the Canadians have been warned that America’s burgeoning oil boom could derail plans to build the KXL, as American oil is cleaner than dirty Canadian crude.
