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UK Watchdog Warns About Carbon Trading

The fast-growing market in carbon dioxide emissions poses risks that could threaten other commodities markets, the British Financial Services Authority has warned. The watchdog said problems including investors being sold unsuitable products, confusion over the regulation of emissions traders, and...

Obama’s Oil Spill

Newsweek has picked up on the story of Obama taking oil money even though he claims he doesn’t. (As you can see from Oil Change’s cool tool - he does take oil money). According to Newsweek: “ In a new...

Land Deal Could Open Alaskan Refuge to Drilling

A controversial land swap proposal could open portions of an Alaska wildlife refuge to oil drilling, but the scheme is already dividing native Alaskans. Supporters of the plan to exchange land in the Yukon Flats National Wildlife Refuge, which lies...

Spare a Thought for Bob at BP

When the history of BP is written, poor Robert White will probably not get a mention. Tucked away in Canada Tower in London, Robert – shall we call him Bob –is in the Group Trade Mark Department. Although it may...

Iraq: US Senator Wants Oil Money Used for Rebuilding

The chairman of the U.S. Senate Armed Services Committee has said he may try to require Iraq to spend more of its oil revenue on reconstruction instead of investing the money in foreign banks. "What kind of an absurdity is...

Exxon Valdez: “Its time for closure”

When the Exxon Valdez ploughed into Bligh Reef in 1989 causing one of the greatest environmental crimes of the last century, I remember someone saying “lawyers not yet born will work on this one”. And so that prediction has nearly...

Iraqi Oil Law

Remember when we used to talk about how the war in Iraq was about oil? Remember the banners that read "No blood for oil?" Oil has fallen out of the discussion lately, but it's time to bring it back in...

Scientists Identify Climate “Tipping Points”

Nine ways in which the Earth could be tipped into a potentially irreversible dangerous state have been identified by scientists investigating how quickly global warming could run out of control. A major international study by dozens of leading climate scientists...

Bali and the Bigotry of Low Expectations

Kenny Bruno explains why "Just Hang in there 13 more months" was the unoffiical motto of the Bali conference on climate change. Despite a last minute dramatic confrontation, the recent Climate Convention meeting in Bali, touted as "the most important...

The Dinosaurs Still Graze at the AEI

Great article from Charlie Cray in the Huffington Post:"It felt like I'd just walked onto the set of the sequel to Jurassic Park. There was an industry dinosaur who I'd thought was gone for good." He continues: "But no. Former...