UK windfall tax incentivizes oil drilling: a climate “wrecking ball”
The UK Government's windfall tax on oil companies, announced yesterday, will actually incentivise oil and gas drilling and "wreck" the UK's climate targets.
The UK Government's windfall tax on oil companies, announced yesterday, will actually incentivise oil and gas drilling and "wreck" the UK's climate targets.
"This is a massive win for people all around the world. The Court's ruling is crystal clear. Oil and gas companies can no longer hide behind empty climate promises and green PR. They will need to cut oil and gas...
Despite record floods in Europe and massive wildfires in the Pacific NorthWest, Big Oil remains in denial over climate change.
The new Democratic Governor of California, Gavin Newsom, is coming under pressure to make good pre-election promises to rapidly move the state away from fossil fuels.
Today, the French government outlined new measures aimed at greening the country’s export credit support policy. Under the proposed new policy, France will continue supporting fossil fuel projects worldwide until at least 2035. OCI urges the French government to reconsider...
“Of course, when the clock strikes midnight to turn to January 1, 2021, the world won’t instantly be cured of either COVID or our fossil fuel addiction. But, nevertheless, as we look towards 2021, there is hope on the horizon."
Big Oil’s decades' old campaign to deny, deceive and delay action on climate change has been thrust into the spotlight again after the Attorney Generals for Minnesota and the District of Columbia (D.C.) both launched legal action against the industry...
As the UK’s fledgling shale industry lurches from crisis after crisis concerning public acceptability and causing repeated small earthquakes, the UK Government last month appointed what it termed an independent “Shale Gas Commissioner” whose job it is to listen to...
The final three chapters focus on the petrochemical build-out and plastics pollution, regulatory failure of watchdogs, and stories of families on the frontlines of the Permian Basin.
More than 650 climate, environmental justice, public health, youth, and progressive organizations sent a letter opposing the fossil fuel 'side deal' being advanced by Senators Joe Manchin and Chuck Schumer.