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2026

2026

Democratic Senators Propose Oil Windfall Tax

A group of eight “freshman” Democratic senators have introduced legislation that would impose a windfall profits tax on oil companies as well as revoking some government subsidies. The legislation, proposed by Senator Robert Casey, D-Pa., would impose a 50 percent...

Hansen Attacks “Gagging” by White House

James Hansen, the Nasa scientist who first warned the US government about global warming, yesterday delivered a withering critique of the way the White House has "interfered" with climate scientists at the space agency. In a detailed written testimony before...

Climate Change Moves the Maple Tree

Vermont is famous for its maple trees. But for how much longer? Climate change is pushing the North American maple zone gradually but inexorably northwards towards Canada. According to Rupert Cornwell in the Independent, one day soon the maple may...

China May Lead Iraq Oil Race

China may have sat out the Iraq war, but that does not stop it eyeing up the spoils of war. Desperate to find it new sources of oil to fuel its growing economy, it could be the first country to...

Shell Looks for New CEO

Oil giant Shell may break with a century-old tradition and recruit a new chief executive from outside either the Netherlands or Britain. The prediction came yesterday after the company announced it was looking a replacement for Jeroen van der Veer,...

Iraqi Oil Unions – Key Opposition

A pair of recent articles from UPI correspondent Ben Lando, here and here, flesh out the details as to the importance of Iraq's oil unions and their long and storied past. The unions, which have been cut out of the...

GAO: The US Needs a Peak Oil Strategy

Ok so there is a raging peak oil debate out there. The Peak oil pundits say we are in real trouble, the oil industry say that there is enough oil for the meantime not to worry. But now the US...

An Ugly Oily Truth in Iraq

Good article in the New York Daily News about Iraq’s new oil law. “Throughout nearly four years of the daily mayhem and carnage in Iraq, President Bush and his aides in the White House have scoffed at even the slightest...

The Big Green Fuel Lie

Now the Independent newspaper has launched into biofuels with a front page lead in today’s paper. The biofuel bonanza is set to reach a landmark this week the US President, George Bush, arrives in Brazil to kick-start the creation of...

Gore Urges EU to take Lead on Climate

Europe's leaders meet in Brussels today to sign a binding agreement to cut greenhouse gas emissions by 20 per cent by 2020, a figure that would rise to 30 per cent if the US follows suit. They are being urged...