In a chilling preview of what life may be like if Rick Perry were to become president, a commission appointed by the Texan Governor is proposing handing Valero and other Texan refiners a tax refund worth $135 million. That would...
Canada’s dirty tar sands oil reserves have been turned “into a public-relations nightmare” argues the Financial Times today in its eight page pull-out on Canadian energy, forcing the industry to fight back against this “toxic perception”. Part of this nightmare...
Disaster One. New estimates put the amount of oil per day pouring into the Gulf of Mexico at one million gallons a day. If this is so, BP’s disaster may have spilt more oil than the Exxon Valdez, when at...
[caption id="attachment_4356" align="alignleft" width="150" caption="WTI Meltdown on Friday Feb. 05 2010"][/caption] Two stories from Canada’s Globe and Mail this week highlight the emerging reality that the oil industry in North America is downsizing; although the commentary mostly misses the underlying...
Altérra has funneled money through secondary sub-funds managed by Blackrock into building fossil fuel pipelines and gas projects. This includes TC Pipelines, a subsidiary of the company behind Coastal Gaslink and failed Keystone XL pipeline proposals.
This briefing finds that the transport of tar sands oil through pipelines in the United States is exempt from payments into the Oil Spill Liability Trust Fund, which creates a free ride worth over $375 million to tar sands oil...
We congratulate President Obama for this historic action. As he knows, and as he stated when he rejected Keystone XL, ‘if we’re going to prevent large parts of this Earth from becoming not only inhospitable but uninhabitable in our lifetimes,...
A group of environmental and financial organizations representing over 7,600,000 members and supporters announced the launch of the DivestMVP coalition to highlight the financial instability of the fracked gas Mountain Valley Pipeline.
One year into Donald Trump’s presidency and the chaotic vortex is as dysfunctional as ever.
With the climate crisis advancing at an ever-quickening pace, an immediate step toward the solution should be to stop funding fossils. This bill helps to do just that.
