Pressure builds on Biden after EU promises to act on fossil fuel subsidies
President Joe Biden has made good start on climate change. But one area that the President is coming under pressure is to take action over fossil fuel subsidies and finance.
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2026
2026
Dozens of US Oil Companies Face Ratings Downgrade
Some of the world’s best known oil companies, including Shell, BP, Statoil and Total, face the humiliation of having a ratings downgrade, the internationally respected ratings agency, Moodys, has warned.
Hundreds of Fracking Complaints in Four States
An investigation by the Associated Press has found that, in at least four major fracking states, there have been hundreds of complaints from local residents.
Shell’s History of “Corporate Malfeasance”
Poor old Shell. Last week it was humiliated in a spoof action by Greenpeace and the Yes Men. This week its corporate reputation takes a battering in a report by the Alaska Wilderness League. The 51 page report, published as...
“Everything Koch stood for was a lie”
Ever since Greenpeace outed the Koch brothers as the largest financiers of climate change denial, the secretive brothers have started getting much more media attention. The fact that they are also major backers of the controversial Tea Party movement –...
Ecuador accuses oil firms of “abusing” country
It is the latest twist in the on-going soap opera of Ecuadorian oil. You have the Indigenous Indians fighting in the courts in a multi-billion battle against Texaco’s lethal toxic legacy – a battle that has been going on for...
Democracy Under Attack: The Fight for a Just and Livable Future
The first days of Donald Trump's presidency reveal a calculated strategy by Trump and his billionaire backers to consolidate power and dismantle the democratic systems that protect us. These attacks threaten every aspect of life we fight for – from...
RBS Wriggles Over Tar Sand Investments
Has RBS stopped financing the tar sands?
The $13 Billion Bill for Elgin Gas Spill
Oil companies operating in the North Sea could face an estimated $13 billion (Euros 10 billion) bill in light of the Elgin gas spill which could also seriously affect their credit ratings, according to rating agency Fitch. Total's Elgin platform...
Blowing the Whistle on Big Oil
Great article in the New York Times about the malaise of Washington’s over sight of the oil industry and how it has taken a retired federal auditor to expose the comfy collusion between the industry and its regulators. For years...