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2026

2026

A New Chapter but Same Old “Solutions” (maybe)

American President-elect Barack Obama sent a video-taped message to a conference on climate change in Los Angeles yesterday that, under his administration, he would to promise a "new chapter in America's leadership on climate change", leading to a “new era...

The Climate Sceptic About to Lead the EU

In January 2009, much of the world’s attention will focus on the shift of power from President Bush to Barack Obama. But the US is not the only place where there will be a significant power shift. The presidency of...

Arctic “passes point of no return”

Yesterday on the blog I noted that “what was deemed impossible just months ago now seems highly probable or even normal". OK, I was talking about the financial chaos and the volatile oil price, but the same could be said...

The oil industry wins again…

There has been a growing perception amongst the environmental community that, given the political and economic prominence of climate change over recent years, that the battle over the issue is slowly being won. Whilst this may be so, the oil...

The 800 Billion Barrel “Bargain Basement” Sale

The old saying is “when in a hole, stop digging”. Faced with rising energy prices, and concern over climate change, rather than disinvest out of oil, the US is going to start digging for more of it. But this time...

Offshore Drilling: Its All in How You Ask

Why did Barack Obama soften his stance on offshore drilling last week?  I asked this question of a campaign insider, who is also a long time environmentalist.  The answer back was basically: "Don't blame Obama, we (environmentalists) didn't do our...

Iraq “Abandons” Contracts

The problem when you have been waiting years for the main prize is that if you get offered second or third best, its never going to be good enough. So when a host of international oil companies started discussions over...

Dick to the Rescue?

Do not fear worry, everyone, Dick is coming to the rescue. For those of you who were worried that supplies of gas and oil would be disrupted after the recent conflict between Russia and Georgia, there is no need to...

Climate Risk Set to Impact Oil Sands Development

It must be depressing being a banker these days. As stock markets plunge, banks go to the wall and confidence crumbles you will be looking for a safe place to invest your money. Gold is looking a good bet these...