Oil Change International and Overseas Development Institute released a new report today, ‘Empty Promises: G20 subsidies to oil, gas and coal production,' documenting government support from G20 countries to the fossil fuel industry.
A proposal to label the dirty tar sands as more polluting than conventional oil has been spectacularly abandoned by the European Commission after a four year lobbying campaign by the Canadians.
A recent report by the World Economic Forum on the future of the gas markets has highlighted the revolution that is currently happening in this sector. The report started by saying: “What a difference a few years can make in...
Last night, The President once again proposed ending subsidies to the oil industry. As we've said before, this is a great idea, and should be supported in full. That said, although we haven't seen details, it's quite unlikely that the...
Undermining its own credibility in Copenhagen and the integrity of its pledge to phase out support for fossil fuels, an agency of the Obama Administration, the United States Export-Import Bank, has reportedly approved $3 billion in financing for an Exxon...
Are the Iraqis gearing up for a major oil export drive? They have just launched their first new ship in 27 years and delivery of two more tankers is expected within three months. The Dijlah — the name for the...
The already jittery oil price has risen even further after Nigeria's powerful oil unions began a strike yesterday at the state-owned oil company, the Nigerian National Petroleum Company as well as the Petroleum Ministry. They are also threatening to target...
Today, over 30 U.S. environmental, development and faith-based organizations sent a letter to the U.S. House of Representatives (Acrobat .pdf) calling on Members to support the End Oil Aid Act. "The U.S. can play a critical role in fighting our...
Environmental organizations today applauded Rep. Maurice Hinchey (D-NY) for introducing legislation that seeks to end subsidies for the international operations of oil companies. The “End Oil Aid” bill, introduced yesterday, calls on international financial institutions including the World Bank, Export...
WWF is calling on the UK Government to stop using its Export Credit Agency (ECA) to subsidize Big Oil and other carbon intensive sectors. ECAs are public agencies that provide government-backed loans, guarantees, credits and insurance to private corporations from...
