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Aviation Tax Would Hurt the Economy, Says BAA

The owner of Heathrow airport, BAA, has said that a tax on the aviation industry would not have the desired effect on the environment but would cause inconvenience to many people by pricing them out of aeroplanes. Instead, Stephen Nelson,...

Follow The Money

Someone just forwarded a great newswire by Dow Jones that ran late last month, examining the issue of tax havens. For example did you know that the registered offices of the Shell Qatar multibillion-dollar gas-to-liquids venture is not in Qatar...

Why is the Oil Price Falling?

Something strange is happening. Have you noticed it? The gas price is falling. The news that the price of crude oil dipped below $60 dollars has sparked a furious response as to why it is happening. Some are arguing that...

The Green Virgin or Green Conman?

Sir Richard Branson, the head of the Virgin group of companies, yesterday committed $3bn to "tackle" climate change. The billionaire pledged all profits from his Virgin air and rail interests over the next 10 years to combating rising global temperatures....

US Regulator Clears ex-Shell Boss

After a two-year investigation, the US Securities and Exchange Commission has announced it will not be taking any action against former Shell boss Sir Philip Watts. The ex-Shell Chairman was being investigated over the oil and gas reserves overbooking crisis...

Russian Oil Production Overtakes Saudi Arabia

The populist Russian newspaper, Komsomolskaya Pravda, ran the headline yesterday: "Russia takes first place in oil output rankings". The story was based on OPEC figures showing that Russia is now extracting more oil than Saudi Arabia. The figures reflect a...

America Starts to Wean Itself off Oil

George W might have admitted that America is addicted to oil, but there have been two recent indicators showing the USA’s growing desire for alternative technologies. The American Wind Energy Association has announced that wind energy capacity in the US...

Biggest Polluter

Sunday’s local newspaper reported that gasoline sales in Vermont were 13 percent below prediction in February of this year and almost 15 percent low for May.  I have no theories on the May swoon, aside from the toll continued high...

Airlines Reeling After EU Vote

European airlines are said to be “reeling” after amazing developments at the EU yesterday over the environmental impact of flying. MEPs voted in favour of the “immediate introduction” of a tax on jet fuel for flights within the 25 member...

US Produces Nearly Half of Global Exhaust Fumes

OK so now it's official. We all knew that Americans drove gas-guzzling polluting vehicles, but now the Environmental Defence Fund has calculated just how bad things are. And they are bad. Americans may only have 5% of the world's population...