World’s Largest Oil Exporter Invests in US Shale Gas
The world’s largest oil exporter has signalled that it is investing in the world’s largest shale play. And that can only be further bad news for the climate.
The world’s largest oil exporter has signalled that it is investing in the world’s largest shale play. And that can only be further bad news for the climate.
Tomorrow Greg Muttitt, the Research Director at Oil Change International will give evidence to the UK’s parliamentary Environmental Audit Committee, which is investigating the scale and impact of UK Export Finance’s financing of fossil fuels in developing countries.
Soon British consumers will be cooking and heating their homes with American fracked gas for the first time.
[caption id="attachment_21992" align="alignright" width="300"] Activists in Paris call for fossil fuel subsidies to be phased out by 2020[/caption] Just last year, Canada's Liberal Party campaigned on a promise to start winding down subsidies to fossil fuel producers. Now that they’ve been...
With only a few days to go in the UN climate talks in Cancún, many questions remain on the outcomes, including on one of the most important issues currently on the table – climate finance. Finance in the context of...
Oh the irony, the poor starve, yet the rich squabble over subsidies. European biodiesel producers have triggered a fresh transatlantic trade war by urging the EU to impose punitive duties on cheap imports from the US. They claim that low-priced...
Here is Rich Cookson's second blog from Sakhalin Island, off Russia's east coast. Rich writes: "The Sakhalin Energy (SE) project, Sakhalin II, is the second of nine planned extraction projects around Sakhalin. Exxon holds a 30 per cent stake in...
Despite the U.S. withdrawal from the Clean Energy Transition Partnership (CETP), a global coalition of countries continues to reduce international fossil fuel financing, with public funding dropping by two-thirds since 2019 based on latest data.
In an open letter released as part of a week of action against the company ahead of their June 8 Annual General Meeting, signatories detailed the threats that ReconAfrica’s potential development poses for human rights, Indigenous rights, local livelihoods, drinking...
The new report finds that wealthy nations — the United States, United Kingdom, Canada, Norway, and Australia — planning to approve and subsidize new fossil fuel projects which undermines their recent claims of leadership in addressing the climate crisis.