“We have gained money from not investing in fossil fuels”
As the fossil fuel disinvestment movement gathers a pace, the loses of US oil companies have reached record levels.
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2026
2026
Oil Industry front group attacks fracking critics
This post by Brendan DeMelle originally appeared on DeSmog Blog. DeSmogBlog has uncovered an industry memo revealing that ‘Energy In Depth’ is hardly comprised of the mom-and-pop “small, independent oil and natural gas producers” it claims to represent. In fact,...
Subsidy Spotlight: Publicly Funding a Utah Disaster in the Making
Through public land leases, infrastructure subsidies, and some very expensive tax breaks, taxpayer money is supporting what could become one of the dirtiest, most destructive chapters in American energy history.
Shell “Threatens” the EU with Long-Term Exit
Last Friday, oil giant Royal Dutch Shell, announced that it had doubled third quarter profits to $7.2 billion. So where is this cash coming from? Let’s not forget that Shell has spent millions over the last fifteen years trying to...
Climate crisis: Is it time to charge Big Oil with homicide?
A new academic study, accepted for publication in Harvard Environmental Law, asks the pertinent question about Big Oil and climate change: “Given the extreme lethality of the conduct and the awareness of the catastrophic risk on the part of fossil...
Don’t Believe the Oil Companies’ Phoney Forecasts
The oil companies go to great efforts to portray their forecasts as works of objective analysis of the future. They are not - they are self-serving descriptions of the futures the companies would like policymakers and investors to believe in.
Reserves Replacement Ratio: past its sell-by date?
Is a key valuation metric used by analysts to assess oil companies pushing big oil towards riskier and riskier projects? Those of us outside the financial sector may not be too familiar with acronyms such as RoACE, NAV or RRR....
Campaigners: G20 financial and political support for fossil fuels rises amidst COVID-19 crisis
Grassroots campaigners at a press briefing yesterday said political leaders are failing to ensure a just and sustainable recovery, as new data shows that the world’s 20 richest countries have committed more than USD 150 billion of public money to support...
Controversial Kinder Morgan Pipeline Now on “Life Support”
On Sunday, Kinder Morgan sent shock waves across Canada and the oil industry when it announced it was “suspending all non-essential activities and related spending on the Trans Mountain Expansion Project”, until at least the end of May.
Big Oil Reality Check: Aligned In Failure
The Big Oil Reality Check report finds that the climate pledges and plans of 8 international oil and gas companies fail to align with international agreements to phase out fossil fuels and to limit global temperature rise to 1.5ºC.