Coal cash, climate denial, fuels Citizens United 2
Alabama coal baron and conservative activist Shaun McCutcheon doesn’t feel that $123,200 buys him enough influence in DC. He wants a Citizens United 2.
Read the latest insights and analysis from the experts at Oil Change International.
Alabama coal baron and conservative activist Shaun McCutcheon doesn’t feel that $123,200 buys him enough influence in DC. He wants a Citizens United 2.
A new investigation by Oil Change International shows that the World Bank’s infrastructure program in Indonesia reads like a coal industry wish list stipulating policies and government subsidies that promote the fast-tracked development of over 40 coal projects in the country ahead of developing feasible renewable alternatives.
Mika Minio-Paluello, Anna Galkina and James Marriott are travelling in North America as part of a tour over September and October to promote The Oil Road – Journeys from the Caspian to the City of London. This is the second of a series of blogs on the journey.
Whether you’re from Europe or the US, your tax dollars are helping them finance climate-damaging fossil fuel projects, thanks to the EBRD. But that can change.
Paying lip service to climate science and then running full speed ahead down the fossil fuel pathway to climate chaos is just another form of climate denial. We need our leaders to wake up and make some hard choices, commensurate with the difficult climate reality we face.
Instead of confronting the climate crisis head on, President Obama and others promoting "All of the Above" have decided to include oil, gas, and coal development alongside solar and wind energy. Read more about the biggest offenses.
Today, in the first major test of President Obama’s Climate Action Plan directive to end financing for overseas coal projects, the U.S. Export Import rejected the financing of U.S. exports to the 1200-megawatt Thai Binh Two coal-fired power plant in Vietnam.
Yesterday, the World Bank’s Executive Directors agreed to a new ‘Energy Sector Directions Paper’ which lays out the expected course for the Bank’s future energy lending. While there are some encouraging indications that the Bank will move away from coal financing, the increased emphasis on natural gas and large hydropower is likely to undermine the strategy’s stated objective of increasing energy access for the poor.
Increasing petcoke use is a clear result of the increasing production of tar sands bitumen. Petcoke is a seldom discussed yet highly important aspect of the full impacts of tar sands production. Factored into the equation, petcoke puts another strong nail in the coffin of any rational argument for the further exploitation of the tar sands.