In a sign that the oil price plunge is really beginning to bite, yesterday oil giant Royal Dutch Shell announced that the company is indefinitely postponing plans to develop a new tar sands mine in northern Alberta.
There is growing evidence that transporting tar sands oil maybe as inherently dangerous as carrying the volatile Bakken shale oil.
Despite an EU commitment to phase out fossil fuel subsidies by 2020, countries across Europe are still subsidising dirty coal boy over €10 billion a year, according to new figures released by the European Commission today.
Slowly but surely the world’s banks are waking up to the dangers of climate change and the idea that carrying on investing in fossil fuels might be a risky and reckless idea.
When legendary guitarist Jimi Hendrix wrote the song “Castles Made of Sand,” the critics argued that the sand metaphor symbolised “the temporary nature of existence” ” and “how nothing can be taken for granted”.
It has often been called the heart of public relations: but the third party technique is simple – it is putting your words in someone else’s mouth.
For years, the oil industry and its powerful friends in Congress talked of a shale gas utopia where fracking would lead to energy independence in for US.
The message from the markets for the North American oil industry is summed up in four simple words by the Financial Times today: “No respite for oil.”
As the shale gas revolution continues a pace in North America, so does its wider environmental impact. And nowhere is that more apparent than in the burgeoning demand for frac-sand.
A three and a half year battle by activists to find out more details of BP’s secretive sponsorship deal with Britain’s iconic art institution, the Tate, will finally be resolved on Thursday this week.
