Oil Industry Set to Ignore “Final Warning” on Climate Change
The "clock is ticking". "Little time left". The "Starkest Warning Yet". The "Final Warning". Just four of the headlines from around the world of yesterday's UN report on climate change.
Read the latest insights and analysis from the experts at Oil Change International.
The "clock is ticking". "Little time left". The "Starkest Warning Yet". The "Final Warning". Just four of the headlines from around the world of yesterday's UN report on climate change.
There has been a huge amount written over the last few days about the plummeting oil price. One British newspaper is warning of an “oil war” as the price of Brent crude “tanks” on the back of oversupply in the market.
It was a day of huge roars but also small whispers, small moments and momentary glimpses of a beautiful future. Seconds-long reminders that we’re not alone, that we’re in this together, that the world is small and big and diverse and unified all at the same time.
n the blinkered rush to frack the globe - first in the United States, secondly in Europe and thirdly in the rest of the world - the oil industry always undermines the risks of the technology. But this brutal technique has a dangerous downside, ranging from air and water pollution, to the use of vast amounts of sands and chemicals. And then there is, of course, the huge volumes of water used in the fracking process.
Is the fracking boom set to go spectacularly bust?
The new Hollywood film about fracking, which stars Matt Damon, entitled “Promised Land” could tap into the growing grassroots rebellion against the technique which is slowly sweeping across America.