As churches, colleges and companies increasingly pull out from investing in oil and gas, under pressure from the climate movement, secretive hedge funds are betting on climate chaos, planning on making millions of dollars in the process.
“It’s time for Big Oil to take responsibility for the devastation they have wrought, that’s why New York City is making the unprecedented move to both sue and divest from fossil fuel companies."
Later today, the 538 members of the Electoral College will meet to determine who will be the next President of the US.
As Washington gets back to work after the Christmas break and it begins the process of Congressional hearings for nominations over Trump’s cabinet, so the resistance to those appointments is increasing too.
Later today, the Senate Environment and Public Works Committee (EPW) will grill the latest climate denier to be offered a job in the Trump Administration. Scott Pruitt, the current Oklahoma Attorney General and long-term critic of the US Environmental Protection...
There was more good news from the Arctic yesterday, when Norwegian oil company Statoil announced it was “exiting” the region, following recent exploration results in neighbouring oil and gas leases.
We reported in our June Newsletter that the difference in price between the Canadian heavy oil benchmark Western Canadian Select (WCS) and the U.S. light crude benchmark WTI had narrowed to $8 a barrel (bbl). This was remarkable in light...
Last week, a new peer-reviewed study was published by the University of Texas at Arlington which found toxic chemicals in over two-thirds of drinking wells near fracking sites.
Would you take it seriously if tobacco companies announced that smoking trends weren’t expected to change much over the next 30 years? And imagine then, that this is what governments used to make tobacco policy: “Forecasts show that people aren’t...
Shell’s comedy of errors that is its Arctic drilling campaign never ceases to amaze. You would have thought the oil giant would have learned from its disastrous attempt three years ago when one of its drilling rigs, the Kulluk, ran...
